5 Steps to a Crowd Powered Business - Crowdnexus Event

100%Open 2015

5 Steps to a Crowd Powered BusinessCrowdnexus Talk by Roland Harwood

April 15, 2023 1

100%Open 2015

We Are More Connected Than We Think…

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April 15, 2023 2

We are just one conversation away from

pretty much anything and everything…

April 15, 2023 3100%Open 2014

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April 15, 2023 4© 100%Open 2015The Birthday Paradox

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What are the chances that two people in

this room share the same birthday?

100%Open 2015

3 Minute Joint Venture

1. Turn to somebody you don’t know.

2. Introduce yourselves to each other.

3. Find something you could do together.

4. Give your joint venture a name.

© 100%Open 200915/04/2023 6

3 minute JV

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“A new idea is nothing more

or less than the combination

of old elements.”

James Webb Young

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1. Context is Queen

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“You don’t own your

reputation. It lives and

breathes in those that

interact with you.”

Ron Burt

© 100%Open 2012April 15, 2023 82. Identify Interesting Questions

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“From what we get, we can make a

living; what we give, however, makes

a life.”Arthur Ashe

April 15, 2023 9100%Open 2015

3. Launch & Learn

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“To do good, you actually have to

do something.”

Yvon Chouinard, Patagonia

100%Open 2015

4. Concede Control Cautiously

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“Nearly every problem has been solved

by someone, somewhere. The challenge

of the 21st century is to find out what

works

and scale it up.”Bill Clinton

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5. Dissolve the Boundaries

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"There are more smart people outside

your company, than within it. It’s the

law of numbers. Be adaptive.”

Reid Hoffman

100%Open 2015

1. Setting the innovation strategy – Vectors, Co-Lab Test

2. Finding unmet needs – Personas, Unmet Needs, Blueprint

3. Discovering new ideas – Co-Creation Techniques, Ideas Jam, Insight Crowd

4. Building prototypes – Prototyping Techniques, Prototype Evaluator

5. Developing propositions – IP Strategy Tool, Airlock, Sketch Templates

6. Making business models – Open Innovation Metrics, Business Model Canvas

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100%Open Toolkit

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www.toolkit.100open.com

April 15, 2023 15100%Open 2014

1.Context is queen 

2.Identify interesting questions 

3.Launch and learn 

4.Concede control cautiously 

5.Dissolve the boundaries 

5 Steps to a Crowd Powered Business

April 15, 2023 16100%Open 2015

The Net Works

© 100%Open 2015Give > Get

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1715/04/2023

“Connect on your similarities, and benefit

from your differences.” Valdis Krebs

100%Open 2014

Thank You

April 15, 2023 18

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Roland Harwood

Co-Founder & Managing Partner

100%Open | Somerset House | London | WC2R 1LA | UK

Phone: +44 (0)20 7759 1050 | +44 (0)7811 761 435

Email: [email protected]

Web: www.100Open.com

Twitter: @rolandharwood @100Open