Innovation Through Win-Win Relationships Presented to CAIS 2051 Conference July 2051
Urgency to Change/Innovate – 20.7% to 30% drop in 10 years
Collaborations create better results By working together we can create greater value for all stakeholders 113 Example: Remote workers – how we responded to GFC
Creating Win-Win-Win in Corporate Environment Customers want to do business with a company that helps them solve their problems and makes them look and feel good. Company (Winplus) Customer (Costco) Suppliers (Supply Chain)
How to get everyone (stakeholders) to work together/collaborate/innovate? Trust (always do what you say you will do) Common goals (sell more product) Willingness to look at problem from others perspective Get engagement early in the process – builds sense of ownership Communicate (Basecamp) What can I do to help the other side feel positive about the outcome Everyone making money None of the groups feeling like they are being taken advantage of
Creating Win-Win-Win in Corporate Environment Case Study - Costco How to Innovate? Package Merchandising Product Fabric Price Inventory Management Delivery method vs. Price only (there is always someone cheaper!) By involving Customer and Supplier we get buy in on both sides Everyone wins! Outcome = Order for 100 x 40’ containers
Creating Win-Win-Win in an Independent School Environment Whomever pays tuition is “voting” with their dollars – Our schools exist to serve our customers. Our customers want our schools to ….. Company (School) Customer (Whomever pays Tuition) Suppliers (Teachers)
You should look at your schools as a business. Without the revenue coming from your “customers”, your schools would fail to exist and your jobs would disappear. How can your School, its suppliers (teachers) and its customers not only co- exist but thrive by creating a win-win-win relationship? Build trust daily Buy in of Common goals – vision/mission/strategic plan Willingness to look at problems/issues from others perspective Get engagement early in the process – builds sense of ownership around eventual solution Over Communicate Empathy - What can I do to help the other side feel positive about the outcome? Thinking of Your School as a Business
What would your school look like if you knew you could never raise tuition again? How can you double your tuition by appealing to a more niche “customer” What would your school look like if your student base reduced by 30% by 2025 What are 5 ways to build more community with suppliers and customers? How to create alternate revenue streams through corporate sponsorships or innovative summer programs? What does “customer service” look like at my school? What would your school like like if you hired new teachers who did not have teaching degrees? Hired a juggler? Hired a pro-surfer? What is you removed most of your classroom walls? Desks? What could a local artist or expert bring to your school? What if students did more teaching? How can you involve parents and draw in their unique expertise? How could the giving of time by our “customers” be the equivalent of money/donations Questions to ponder around creating win-win
Thank you & Questions