Output
Green Monday: August 2011
Creative Disruption: Strategies for the new paradigm
Arrive: 5:45pm / Start 6:15pm / Networking: 8:15pm / Close: 9:30pm
1st August 2011
Bank of America Merrill Lynch: King Edward Hall
2 King Edward Street
City of London
London
EC1A 1HQ
Event overview:
Creative Disruption: Strategies for the new paradigm
The August Green Monday is for those working a Sustainability framework into their core business strategy. That includes the Main Board, and the Strategy, Operations and Sustainability Functions.
We will look at Sustainability as the next major disruptive economic force - similar in impact to the internet. Over the past 15 years, companies that underestimated the power of the internet, such as Kodak, HMV and Waterstones have seen their value decline by over 90%; those who understood it, including Apple, Google and Amazon, have been on exponential growth journeys.
Many are now seeing the new economic paradigm being shaped by resource scarcity. Companies that recognise this are building different strategies to their competitors, particularly around the efficiency of their products, and there are already major success stories. Some examples:
- Nissan: Gained competitive advantage in the Electric Vehicle (EV) market - see below
- M&S: Plan A generates £70m in profit, around 10% of its Net Profit.
- Philips: 30% of revenues come from Ecovision, with a plan to get this to 12bn Eur by 2015
- Siemens: 27bn Eur revenues from Energy Efficiency & Renewable Energy products in 2010
- GE: Ecomagination revenues reached $18bn in 2010, 12% of GE's total revenues.
Nissan
Expecting rising energy prices to shape car demand, Nissan was the first major car maker to switch its R&D focus to EV's. It recently-launched "Leaf" which travels 100 miles on a £2 charge, and its electric knowledge helped Nissan to win the $1bn New York taxi contract in April. With the market now following Nissan, its Sustainability framework has given it a major strategic advantage.
Your panel
Our panel comes at the subject from a variety of angles, designed to give us a thought-provoking debate.
- Simon Waldman, author of "Creative Disruption", an excellent book on how the internet disrupted the corporate landscape.
- John Miles, Chairman of HaloIPT. HaloIPT are working on technology that allows cars to wirelessly recharge batteries whilst driving - the implications for the car industry are profound.
- John Elkington, Chairman of Volans. A long standing green business guru, John is an expert on the scale of the disruption to come.
- Tony Gale, Director of Infrastructure GE. Tony will give the perspective from the Corporate side; articulating the scale of change ahead – and how disruptive the future is likely to be.
The event will be chaired by Jim Woods, who has 8 years of CEO experience, including CEO of the YO! Group (YO! Sushi and YOTEL).