Nilofer Merchant

Speaker, L&D


Nilofer Merchant

Former Tech Executive | Bestselling Author

Nilofer Merchant is a master at turning seemingly “wild” ideas into new realities, and showing the rest of us how we can, too. A bestselling author on innovation and collaboration, a TED mainstage speaker, and the recipient of the “Future Thinker Award” from Thinkers 50 (who also ranked her in the top 50 management thinkers in the world), Nilofer reveals new ways of connecting our ideas to the world, in an era when the potential to make a difference is wide-open.

Nilofer began her career in business 25 years ago as an administrative assistant, quickly rising to division leader, to a CEO, and even to a board member of a NASDAQ-traded company. Along the way, she gathered monikers such as being the “Jane Bond of Innovation”, for her ability to guide organizations through impossible odds.

She has personally launched more than 100 products, netting $18B in sales, and has held executive positions everywhere, from Fortune 500 companies like Apple and Autodesk, to start-ups in the early days of the web, such as Golive, which was later bought by Adobe.

Logitech, Symantec, HP, Yahoo, VMWare, and many others have turned to Nilofer’s guidance on new product strategies, entering new markets, defending against competitors, and optimizing revenues. She is one of the few people who can say they’ve fought a competitive battle against Microsoft and won, when she bid for Symantec’s Anti-Virus $2.1B annual business.

Her second book, 11 Rules for Creating Value in the #SocialEra, was chosen by Fast Company as one of their “Best Business Books of 2012.” Nilofer’s newest title, The Power of Onlyness: Make Your Wild Ideas Mighty Enough to Dent the World, reveals proven strategies to unleash the power of a new idea, no matter how weird or wild it may seem.

As a speaker, Nilofer has headlined alongside Malcolm Gladwell, Simon Sinek, Arianna Huffington, Margaret Atwood, and other inspirational individuals. She has also delivered keynotes for clients such as ICBI Fund Forum, IBM, JP Morgan, Credit Union Executives Society, and AT Kearney.

Her famed TED Talk, “Got A Meeting? Take A Walk”, has been seen by nearly three million viewers.


Onlyness: Make Your Ideas Powerful Enough to Dent the World

We all want to make a dent in the world.

Perhaps big dents like clean water for everyone in the world, or to address patriarchy so women are treated equally, or reforming education to be relevant for the 21st century. Perhaps “small” dents, such as helping your city be healthier, or keeping kids in your city safe.

But, not all of us feel like we can make a difference.

In truth, that feeling has great validity. It used to be that to make a dent, you had to already be powerful. You got things done because of the authority granted by your organization, or rank, and more than likely, money. You had to already “be someone” to get things done.

But, no more.

Today, denting the world is becoming something anyone of us can do, even on a few hours a week. Well, that’s true but ONLY if you know how. While tech platforms get all the press, they are just the mechanisms.

To dent the world requires a crucial component: Onlyness. You’re standing in a spot that only you occupy; it is a function of your history and experiences, visions and hopes. By it, everyone can serve the needs of the world.

Learn from real-life inspiring stories of seemingly-powerless people making a dent, and a difference. Be inspired by them. Learn from them. And, maybe even become like them, that change agent you want to be…

Innovation at the Speed of Trust

In the modern workplace, individuals create more value by their initiative, ideas, and driving change without needing specific direction. Every one of us know that this set of empowered behaviors creates the necessary speed and flexibility to outcompete, outmaneuver and win in the marketplace.

But, what does that really mean in terms of how we lead our modern workforce?

The answer: trust.

Today’s innovation is metered and measured by the speed of trust. Relationships are to the Social Era, what efficiency was to the Industrial Era. And we all remember what relationships are built on, don’t we? Trust. Trust will be the throttle for how big our ideas (and our impact) can become. Crucially, trust allows individuals and companies to take the needed risks that lead to better innovation, especially as teams become increasingly distributed. The faster technology moves, the more decentralized decision-making becomes — the more trusting teammates means a real difference for every aspect of success.

Building from stories in Nilofer’s latest book, The Power of Onlyness, this talk highlights the organizational dilemmas that are completely transformed through trust, so you can apply its key components to your own work.

You’ll learn how to:

  • Use the Trust Equation to evaluate projects for potential pitfalls
  • Act as a Trust Bridge to become a person other people can count on
  • Build trust within your team with just four magic words: “I believe in you.”

Research shows that no one brings their best ideas to work — until they trust that it’s safe to do so. Whether you’re an individual aiming to drive impact, a manager looking to build a more innovative team, or a leader of a large firm wanting to deliver exponential results, trust is the key to these goals.

Managing the Present While Inventing the Future

Background and Context:
Today’s successful leaders have to both manage the present and invent the future. On its surface that seems relatively obvious until you consider what “the present” now looks like — dynamic, every changing, always on, personalized everything, unpredictable, all the content, all the public opinion, all the conversation with minutes to react/respond.

As much as this is true in the consumer marketplace, it holds true in the commercial market places also. Business tenants that once stood still, don’t. “Sustainable advantages” have gone from 40-year time horizons, to 12 years in slow-moving industries and 5 years in fast-moving ones. The rules of creating value in the social era often use a different set of business models and mindsets.

Often, maybe even always, leaders take the standards they have for their current business and use that to measure the new model. This limits growth and innovation. To manage the present, you must optimize for today, and create efficiencies. To invent the future, you must take risks, and be bold. You don’t get to pick one or the other. Yet, to do both, is by definition, a paradox. It takes more than being willing to innovate or having the necessary budget (though these two are, of course, necessary).

One of the most difficult tasks for corporate innovators is to learn how to unlearn the legacy business models and mindsets they have perfected. This modern-day challenge will not go away by itself. Rather we must face into the paradox and resolve it.

Workshop Goals and Outcomes
To develop leaders more able to innovate, we must build the muscle of organizational courage to change that which needs to be changed. To do so, we’ll create a multi-sensory high impact workshop tailored for an executive leadership team. Outcomes include:

  • Shared understanding the cultural norms that limit innovation today.
  • Develop a perspective on how market trends necessitate a change
  • Defining what the organizational leadership needs to ‘unlearn” (1-3 items)
  • Mastering the art of unlearning for (minimum) 1 agreed-upon item.
  • Increase in organizational motivation and overall enthusiasm to change that which needs to be changed.

 

Workshop Structure:
This workshop kick starts that process of unlearning by explicitly recognizing what metrics, methods, or assumptions are from the past and not necessarily useful for the future. We’ll also use stories, artifacts, and discussions that happen in the moment to build organizational courage and fearlessness. Workshops are a private and safe way for a set of leaders or colleagues to work through things and enact new choices.

Five Phases of Workshop:

  1. Cultural Barriers to Innovation via Artifacts.
  2. Discussion of current culture and leadership.
  3. Social Era Framework & Discussion, “what could it mean for us?”
  4. Developing new Artifacts as representative of cultural shift.
  5. Action Planning.

 

Identify your Cultural Barriers to Innovation Module 1
  • Participants are asked to bring one artifact (could be an object, picture, story but ideally a physical thing etc…) to describe the current state of innovation at the firm. Humans are hard wired to think in terms of stories, and artifacts make the current culture tangible.
  • Each participant gets to share their artifact, and what it signifies to them. Engagement starts early.
  • Acknowledge/celebrate your current state includes accomplishments, strengths, abilities, passions, and values.
Deliverables

  • Developing shared understanding of “present state”.
  • Making cultural aspects tangible and named. This gives language to facilitate change.
  • Creation of innovation assets because working from a place of strength encourages risk taking to change.
Reflection / Discussion Module 2
  • Pair up with someone they don’t already know.
  • Do a 15-20-minute walk ’n talk around property to reflect on what they learned (what shifted or what they can now name) about the current culture. Introverts can choose to do a solo quiet walk.
  • Come back into group to discuss what — if anything–  they would change to create a culture of innovation.
Deliverables

  • Development of shared effort happens in small group.
  • Commitment level to change starts by explicitly saying what they believe needs to be changed.
  • Start to map change factors into Talent (who), Purpose (why) and Culture (how).
Innovation in the Social Era Module 3
  • Share the role of collaboration within an enterprise, and with the marketplace as central to value creation in the Social Era. Case studies include more established firms such as IBM, Apple, REI, Zappos, but also lesser known companies like Quirky, TED, and Singularity University. <Nilofer Merchant presents content>
  • Discuss the ethos and underlying cultural frameworks that are fueling innovations by others.
  • Identify useful cultural norms that are already used  as well as those that are not used today.

Deliverables

  • Identification of new frameworks and shared language.
  • Development of new options.
Fuel your Innovation Roadmap Module 4
  • New artifact exercise – what is it that will symbolize culture of innovation?
  • Identify what needs to be managed to create change? What metrics, assumptions, beliefs …

o    for personal courage.

o    for organization courage.

Deliverables

  • Shared envisioning / ‘our company ‘ as fearless culture of innovation.
  • Artifact identification as symbols of change. *
  • Identify the frame that resolves paradox of managing current business while inventing the future.

< overnight break recommended>

Action Planning Module 5
  • Discuss any reflections / observations.
  • The dos and don’ts of building trust within the organization, which is key to taking risks, and being vulnerable to change.
    <Trust module is presented by Nilofer Merchant>
  • Identify next steps.

Deliverables

  • Commitment.
  • Understanding of trust constructs that enable organizational courage.