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Understanding and Balancing Your Life and Business WHEELS by Vadim KotelnikovVadim Kotelnikov Founder, Ten 3 Business e-Coach – innovation unlimited! www.1000ventures.com.

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Presentation on theme: "Understanding and Balancing Your Life and Business WHEELS by Vadim KotelnikovVadim Kotelnikov Founder, Ten 3 Business e-Coach – innovation unlimited! www.1000ventures.com."— Presentation transcript:

1 Understanding and Balancing Your Life and Business WHEELS by Vadim KotelnikovVadim Kotelnikov Founder, Ten 3 Business e-Coach – innovation unlimited! www.1000ventures.com May 2004

2 The Power of the Wheel Your Wheel of: 1.Life 2.Business 3.Management 4.Leadership 5.Knowledge 6.Innovation 7.Marketing 8.Business Evolution Understanding and Balancing Your Life and Business Wheels by Dr. Vadim Kotelnikov Founder, Ten 3 Business e-Coach for Innovative Leaders www.1000ventures.com

3 The Power of the Wheel 1000ventures.com The Wheel of TeachingThe Wheel of Life The Circle of Continuous Perfection The yin-yang symbol stands for the universe composed of yin and yang, which form a whole only in a balanced combination. Yin and Yang In Zen, the circle represents the process of continuous perfection, leading to a self with a difference. In Buddhism, the Wheel of Dharma symbolizes the completeness of the Buddha’s teaching. In Tibet, the Wheel of Life is a presentation of the Buddhist teaching on the chain of dependence and impermanence of cyclic existence.

4 Balancing Your Wheel of Life Friends & Family Fun LearningEnvironment WorkFinance Health Achievement 1000ventures.com © Vadim Kotelnikov LOVE

5 Your Wheel of Business Balanced Approach to Business Systems © Vadim KotelnikovVadim Kotelnikov 1000ventures.com An unbalanced wheel will roll neither fast nor far Customer Innovation FinanceProcesses STRATEGY

6 Yin and Yang to Effective Management Harmony between Brain-storming and Brain-stilling 1000ventures.com© Vadim Kotelnikov Business Efficiency  Spotting and pursuing opportunities  Making fast decisions and implementing them under the time pressure  Innovating and creating outside-the-box solutions Yang Active, Creative Yin Passive, Receptive Business Effectiveness  Taking the bird’s-eye view of your business strategies  Building and balancing your business system  Harmonizing men, material and methods to achieve sustainable growth, human development, and social benefit Working IN Your Business Brain-storming Working ON Your Business Brain-stilling

7 Your Wheel of Leadership Attributes x Results = The Roadmap for Improving Leaders Demonstrate LEADERSHIP ATTRIBUTES  Emanate personal character  Master competencies  Set directions  Build organization capability  Mobilize individual commitment CUSTOMER Results Achieve RESULTS EMPLOYEE Results INVESTOR Results ORGANIZATION Results X 1000ventures.com “Management works IN the system. Leadership works ON the system.” - Stephen R. Covey

8 LEARN CREATE SYNERGIZESIMPLIFY 1000ventures.com © Vadim Kotelnikov Your Wheel of Knowledge Management Five Interwoven Functions & Enabling Actions APPLY  Manage creativity  Coach  Brainstorm  Manage ideas  Establish innovation system  Energize people  Cross-pollinate ideas  Build knowledge communities  Communicate effectively  Encourage self-learning / train  Encourage experimentation  Encourage feedback  Get rid of bureaucracy  Instill confidence in people  Differentiate and position

9 Your Wheel of Innovation: Systemic Approach Seven Interwoven Areas of Innovation BUSINESS innovation © Vadim Kotelnikov ORGANIZATIONAL innovation PRODUCT innovation PROCESS innovation MARKETING innovation TECHNOLOGY innovation STRATEGY innovation 1000ventures.com

10 MARKETING PARTNERING RETAININGSELLING 1000ventures.com © Vadim Kotelnikov Your Wheel of Marketing Creating, Winning, and Retaining Customers  Getting Customer Feedback  Aligning Strategies  Co-Innovating with Customers  Creating Value  Branding  Differentiating  Communicating  Influencing  Observing  Service-Profit Chain  Customer Relationships  Customer Satisfaction  Customer Value Proposition  Positioning & Advertising  22 Laws of Marketing  Relationship Selling  Persuading People  Closing the Deal

11 Your Wheel of Business Evolution Managing Organizational Change 8. Performance Measures Political Economic Social Technological Adapted from: “Managing Complexity”, Robin Wood Strategic success factors Mission critical variables 1. Business Environment Competitive landscapes and dynamics Games, roles & players 2. Business Ecosystem 1000ventures.com 3. Business Design Business model Business processes 4. Leadership Style Strategic leadership Organizational development 5. Organizational Values Core values Rules of the internal game 6. Management Process Direction Innovation & operations Learning & design 7. Knowledge Management Systems Knowledge-sharing culture Interpretive frameworks Information systems

12 New Business Models for the New Era of Rapid Change, Systemic Innovation, and Globalization Would you like to order our inspirational training courses for your organization? Click hereClick here to see the details. Would you like to provide inspirational training to others yourself? Click here Click here to subscribe to the Teaching version of the Ten3 Business e-Coach 1000ventures.com Vadim Kotelnikov Founder, Ten 3 Business e-Coach, www.1000ventures.comwww.1000ventures.com E-mail: vk@1000ventures.comvk@1000ventures.com THANK YOU! Your Wheel of: 1.Life 2.Business 3.Management 4.Leadership 5.Knowledge 6.Innovation 7.Marketing 8.Business Evolution Ten3 BUSINESS e-COACH Browse brief and free version at www.1000ventures.com www.1000ventures.com


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