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    How much is a good mission and vision worth in US dollars?

    enOctober 25, 2018

    About this Episode

    A vision is often understood as something you just need. That's what the textbook says.

    Many companies only have a vision because the ISO says you have to have one to get a quality certificate. So they wrote something down.

    But for really existential, for really valuable they hold completely different things. 

    I am convinced that the power, the benefits and value of a vision are drastically underestimated.

    Why? Because many executives do not recognize or understand that a well-honed mission and vision can have tremendous material value in US dollars.

    Let's take a concrete and current example. Let's take a company that is disrupting and revolutionizing its industry right now and in the last few years. And it is pushing its competitors ahead. Let's take Tesla.

    We at the FutureManagementGroup AG have been reporting on Tesla to our clients since 2006. Back then, we only reaped a pitiful smile and in extreme cases a self-confident lecture about the fact that battery electric cars make no technical sense. Today the world looks completely different.

    Tesla is a strange company. Tesla does countless things differently from everyone else.

    The automobile manufacturers, the OEMs, produce less than 20 percent of the added value of a car themselves, consequently they buy more than 80 percent of the value from suppliers.

    Tesla, however, has more than 70% vertical integration and thus accounts for more than 70% of the value added, ie the sub-products on the car itself.

    Tesla not only makes cars, Tesla builds and operates a worldwide charging infrastructure with its superchargers. And that is since 2013.

    Tesla supplies solar panels and solar roof tiles for production of electricity.

    And last but not least the electricity storage, the powerwalls for households and the powerpacks for businesses and entire regions.

    Tesla's mission is to accelerate the world's transition to sustainable transport and energy.

    And in the automotive business the vision is to become the most fascinating car company in the world.

    Let's focus on the cars. In 2017, Tesla built just over 100,000 cars. Tesla is therefore still a dwarf among manufacturers today.

    Since its foundation, Tesla has almost continuously produced negative cash flows, and in total has only produced losses.

    According to common business criteria, Tesla should have been shut down by 2014 at the latest.

    Nevertheless, Tesla's market capitalization is higher than that of most traditional manufacturers.

    It is downright crazy, if we divide the market value of Tesla by the number of cars produced and do the same for other manufacturers.

    Porsche ranks a around $ 100,000 per car. But Tesla ranks at an enormous 600,000 USD.

    So Tesla is worth a whopping six times as much as Porsche per car produced.

    Why is that so? Tesla AND Porsche have production facilities, a business model, a business organization.

    The build quality of Porsche, the panel gaps for example, is still visibly better than that of Tesla.

    From a material point of view, Tesla is essentially comparable to BMW. But what makes the difference?

    Let's subtract the pro-car value of Porsche from the pro-car value of Tesla. We arrive at a difference of 500,000 USD.

    There seems to be something that makes Tesla unique and is highly valued.

    It is the belief of employees, customers and investors in a bright future for Tesla. In their future-proof mission and motivating vision.

    Investors in particular are betting a lot of their own money on this bright future. They must be very convinced of it.

    They obviously are more confident about the future of Tesla than about the future of Porsche and even more so than of any other manufacturer..

    It is not that the traditional manufacturers have no visions. Even VW and Daimler say that they want to be leaders in electric mobility. Incredibly, one even says that they already are, although you cannot buy a really good  electric car from them.

    To reserve a Tesla Model 3, people queued at night just to pre-order a car that will be delivered in more than two years, and that they have never seen before, much less test driven.

    But Tesla keeps most, if not all, their promises they make.

    Tesla invests almost three times as much of their revenue in research and development as VW, BMW or Daimler.

    And if you ask Tesla drivers about their satisfaction - Would you buy this car again - incredible 98% say YES. Despite unequal panel gaps. That's the highest customer satisfaction in the industry.

    Now, if we multiply the $ 500,000 difference with the 100,000 cars produced in 2017, we arrive at an answer  to our question: What is the mission and vision of Tesla worth? Believe it or not, it is 50 billion dollars! Almost all of their market capitalization.

    And now?

    Yes, I know, you are not Tesla and Tesla is a real exception.

    Your mission and vision will not be worth 50 billion, maybe not even one.

    It would be good if you could see the tremendous value of a well-made, enthusiastically supported, future-proof mission and motivating vision.

    You will more easily attract and retain your customers, your investors and your employees. Show people a future they can look forward to.

    Take your chance. Do not wait until someone comes who has a great vision. Life is short. Develop your vision of a  bright future

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    Humanoid robots will reshape the world, says the Chinese government in a guideline for their entire economy. China wants to become the world market leader in humanoid robots by 2027. That's in three years! Is this just science fiction or should we take it seriously? If you produce, transport, sell or manage something physical in your industry, this is an existential question! The answer, you'll find out in this episode. Website: www.FutureManagementGroup.com Article: https://www.futuremanagementgroup.com...

    On this channel, I advise you in making yourself and your business more future-proof. Please feel free to ask me any questions about the future, innovation, strategy, and leadership in the comments.

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

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    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    How Dangerous is Mercedes' Future Strategy?

    How Dangerous is Mercedes' Future Strategy?

    Free Video Crash Course THE FUTURE OF MY BUSINESS: https://www.futuremanagementgroup.com/en/knowledge/crash-course/

    How Dangerous is Mercedes' Future Strategy?

    Mercedes has unveiled a new strategy that could dramatically change not just Germany's economy, but Europe's as a whole. After all, the automotive industry is the key economic sector. Mercedes is largely pulling out of the lower segments of small and cheaper cars to refocus on the luxury market. This decision was made last year. But will this strategy turn out to be successful? And what does it mean for you? What can you learn from it? Let's dig into these questions together and find the answers.

    On this channel, I advise you in making yourself and your business more future-proof. Please feel free to ask me any questions about the future, innovation, strategy, and leadership in the comments.

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    How long will the battery in an electric car last? Just junk after 100.000 km?

    How long will the battery in an electric car last? Just junk after 100.000 km?

    Free Video Crash Course THE FUTURE OF MY BUSINESS: https://www.futuremanagementgroup.com/en/knowledge/crash-course/

    How long does an electric car's battery last? Some say several hundred thousand kilometers, while others claim that after barely 100,000 kilometers, the battery is junk and must be disposed of as hazardous waste. So, what's the truth?

    On this channel, I advise you in making yourself and your business more future-proof. Please feel free to ask me any questions about the future, innovation, strategy, and leadership in the comments.

     

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    How fast will AI develop? When will we have super-intelligence?

    How fast will AI develop? When will we have super-intelligence?

    Many people make fun of what ChatGPT & Co. cannot do. How quickly will AI improve? You'll get my answer to this question in this episode. Here, I'm only looking at performance. We'll consider ethics, dangers, and consequences of AI in other episodes.

    On this channel, I guide you on how to future-proof yourself and your business. Feel free to ask your questions on strategies for the future in the comments.

     

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    How intelligent will AI become? What should we expect?

    How intelligent will AI become? What should we expect?

    ChatGPT scored a '2' (or B) in the Bavarian high school diploma. Which is considered to be the hardest in Germany. Just three months ago, it had failed. How good will AI become in the foreseeable future? You'll get my assessment here. On this channel, I advise you on how to future-proof yourself and your business. Feel free to ask your questions on strategies for the future in the comments.

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    To Mars? Seriously? The mission of SpaceX

    To Mars? Seriously? The mission of SpaceX

    Making humanity a multiplanetary species. That is SpaceX's mission. Is it just a giant waste of money and resources? And ultra-rich men who don’t know what to do with all their money? Or is it an investment in the survival of humanity? Here is my answer. This is the right channel for you if you want to future-proof yourself and your business.

    Website: www.FutureManagementGroup.com

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    How to future-proof your business! The 8 Features of a "Bright Future Business"

    How to future-proof your business! The 8 Features of a "Bright Future Business"

    How future-proof is your company or job? Millions of experts and books tell you what you need to do to become successful. But what exactly does a successful company look like? How can you tell that a company is more future-proof than others? Consultants and authors are surprisingly silent about that. In my latest book, I describe the eight features of a future-proof company. I refer to such companies as a Bright Future Business. Here I give you a summary of the eight characteristics. Website: www.FutureManagementGroup.com This video does not contain any paid advertising of affiliate links. Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS

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    Make your business future-proof. Make it a "Bright Future Business" with us. These are the 8 features of a future-proof business which you can achieve with our program.

    ✔️ You sustainably improve the quality of life for many people.

    ✔️ You are working on great viable future opportunities.

    ✔️ Many customers like to buy a lot and at profitable prices.

    ✔️ Excellent employees like to come, stay and like to perform.

    ✔️ Your productivity is at the top of the industry.

    ✔️ Your competitors have a hard time copying you.

    ✔️ You are hedged against technological and strategic disruption.

    ✔️ Your company is a joy to shareholders.

     

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/

    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS

    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/

    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87

    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/

    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/

    ► Facebook-Profile: https://www.facebook.com/pero.micic

    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372

    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES

    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238

    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ

    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x

    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

    Russia-Ukraine: Too much history - too little future (how to resolve?)

    Russia-Ukraine: Too much history - too little future (how to resolve?)

    How does someone like me and my team, who are working intensively on the future and on strategies for the future, deal with the Russia-Ukraine war? How can there still be a good future? That's what we've been asked frequently in recent days. I don't want to pretend to have the whole picture. Nobody does. Not even the intelligence agencies. Nevertheless, we can learn a few things for dealing with the future. 

     

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    THE FUTURE OF YOUR BUSINESS 
    Make your business future-robust, for you and your successors. Together with FutureManagementGroup you will easier achieve the following goals:
    ✔️ SUCCESS IN FUTURE MARKETS: Profit from trends and technologies of the future. Recognize future opportunities early on.
    ✔️ ROBUST BUSINESS MODEL: Securing companies against surprises from disruptive competitors.
    ✔️ INTELLIGENT FUTURE STRATEGY: Building competitive advantage with a clear mission, unique positioning and motivating vision.
    ✔️ EASIER, MORE EFFECTIVE LEADERSHIP: Leading teams with a motivating vision of the future and attracting the best employees.
    ✔️ FOCUSED ACTION IN THE HERE AND NOW: Investing resources more effectively with a joint strategy for the future – spirit, time and money. https://www.futuremanagementgroup.com/en/solutions/leaders-strategy-program_01/

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/
    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS
    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/
    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES 
    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87
    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/
    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/
    ► Facebook-Profile: https://www.facebook.com/pero.micic
    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372
    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES
    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238
    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ
    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x
    ► Books: https://www.futuremanagementgroup.com/en/publications/books/

     

     

    METAVERSE for business! This is what you need to know and do | Dr. Pero Mićić

    METAVERSE for business! This is what you need to know and do | Dr. Pero Mićić

    Suddenly everyone is talking about the metaverse. It is supposed to be nothing less than the next big thing. What threats and what opportunities does the metaverse bring for you professionally and for your business? Hear my answers to these questions now.

    Website: www.FutureManagementGroup.com Article on the video: https://www.futuremanagementgroup.com/en/metaverse-for-business-this-is-what-you-need-to-know-and-do/

    This podcast does not contain any paid advertising of affiliate links.

    Prof. Dr. Pero Mićić is the founder (1991) and CEO of FutureManagementGroup AG and is professor for foresight and strategy at Steinbeis University (part time).

    GOOD SOURCE ON THE METAVERSE
    Understand the Metaverse:
    Essay Mathew Ball: https://www.matthewball.vc/all/themetaverse
    Guide Metaverse: https://youtu.be/TM00M-dRMBk
    Metaverse: https://youtu.be/odbqlASYv9E
    Metaverse Investment: https://youtu.be/I6UDbyp3FRg

    Companies:
    Microsoft: https://youtu.be/Qw6UCwCt4bE
    Microsoft: https://youtu.be/5DpJlRbbgGU https://youtu.be/t1PAGcP9lhc
    Nvidia: https://youtu.be/jhDiaUL_RaM
    Epic Games Fortnite: https://www.youtube.com/watch?v=RiM0moNk74o&ab_channel=ArianaGrande
    Daimler: https://www.daimler.com/innovation/produktinnovation/technologie/fahrsimulator.html
    Seoul: https://en.yna.co.kr/view/AEN20211103002700315
    Seoul: https://www.youtube.com/watch?v=lnqC2zLtya0
    Horizon Workrooms: https://www.youtube.com/watch?v=lgj50IxRrKQ AltVR https://altvr.com/
    Meta zu "Work in the metaverse": https://youtu.be/uVEALvpoiMQ
    Lionking Trailer: https://youtu.be/7TavVZMewpY
    Mandalorian Trailer: https://www.youtube.com/watch?v=srAXcBP_u8w

    Technology:
    Smart Contracts: https://youtu.be/RsrGkhWMsKA
    Smart Contracts: https://youtu.be/pyaIppMhuic
    Teslasuit: https://youtu.be/rFcbVrQWJSU
    DAO: https://youtu.be/KHm0uUPqmVE
    Decentraland: https://decentraland.org/
    Real estate in Decentraland: https://market.decentraland.org/lands
    Start in Decentraland: https://www.youtube.com/watch?v=z5-QaCq9mh8
    DAO in Decentraland: https://dao.decentraland.org/en/

    Invest in the Metaverse:
    ETF: https://www.roundhillinvestments.com/etf/meta/
    ARKW: https://ark-funds.com/funds/arkw/

    THE FUTURE OF YOUR BUSINESS 
    Make your business future-robust, for you and your successors. Together with FutureManagementGroup you will easier achieve the following goals:
    ✔️ SUCCESS IN FUTURE MARKETS: Profit from trends and technologies of the future. Recognize future opportunities early on.
    ✔️ ROBUST BUSINESS MODEL: Securing companies against surprises from disruptive competitors.
    ✔️ INTELLIGENT FUTURE STRATEGY: Building competitive advantage with a clear mission, unique positioning and motivating vision.
    ✔️ EASIER, MORE EFFECTIVE LEADERSHIP: Leading teams with a motivating vision of the future and attracting the best employees.
    ✔️ FOCUSED ACTION IN THE HERE AND NOW: Investing resources more effectively with a joint strategy for the future – spirit, time and money. https://www.futuremanagementgroup.com/en/solutions/leaders-strategy-program_01/

    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/
    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS
    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/
    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES
    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87
    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/
    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/
    ► Facebook-Profile: https://www.facebook.com/pero.micic
    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372
    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/

    MEDIA AND RESOURCES 
    ► Podcast on iTunes: https://podcasts.apple.com/us/podcast/leaders-foresight-dr-pero-mi%C4%87i%C4%87/id1474339238
    ► Podcast on Google: https://podcasts.google.com/?feed=aHR0cHM6Ly9sZWFkZXJzZm9yZXNpZ2h0LWVuLmxpYnN5bi5jb20vcnNz&ved=0CBQQ27cFahcKEwjQr4nN5vTpAhUAAAAAHQAAAAAQBQ
    ► Podcast on Spotify: https://open.spotify.com/show/4Ix8nEl2Vd07NSlRF8gA6x
    ► Books: https://www.futuremanagementgroup.com/en/publications/books/  

    Why companies fail and how you future-proof your business (overlooked factor)

    Why companies fail and how you future-proof your business (overlooked factor)

    Nokia had the future assumption that customers want many different cell phone models and always with a keyboard. VW, Mercedes, BMW, General Motors and virtually all other traditional car manufacturers had the future assumption that electric powertrains would not be marketable for decades, if ever. An assumption that today even threatens their very existence. How can something like this happen even to the world market leaders? But also restaurant owners, retailers and gym operators had the future assumption that of course guests and customers could come to them at any time. A pandemic, as a surprise disruption of their future assumptions, was not on their radar. The issue sounds theoretical, but what could be more practical than the fundament of your economic existence? Yes, no one can predict the future. But there is an early warning system you can use to safeguard your company. This episode will show you how.

    Let's talk (free consulting session): https://www.futuremanagementgroup.com/en/solutions/future-strategy-program/

    Free Video Crash Course THE FUTURE OF MY BUSINESS: https://www.futuremanagementgroup.com/en/solutions/crash-course/

     

    ► Website: www.FutureManagementGroup.com
    ► Article on the video: https://www.futuremanagementgroup.com/en/reasons-for-bankruptcy-this-is-why-your-business-will-most-likely-fail/

    THE FUTURE OF YOUR BUSINESS ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
    Make your business future-robust, for you and your successors. Together with FutureManagementGroup you will easier achieve the following goals:
    ✔️ SUCCESS IN FUTURE MARKETS: Profit from trends and technologies of the future. Recognize future opportunities early on.
    ✔️ ROBUST BUSINESS MODEL: Securing companies against surprises from disruptive competitors.
    ✔️ INTELLIGENT FUTURE STRATEGY: Building competitive advantage with a clear mission, unique positioning and motivating vision.
    ✔️ EASIER, MORE EFFECTIVE LEADERSHIP: Leading teams with a motivating vision of the future and attracting the best employees.
    ✔️ FOCUSED ACTION IN THE HERE AND NOW: Investing resources more effectively with a joint strategy for the future – spirit, time and money. https://www.futuremanagementgroup.com/en/solutions/leaders-strategy-program_01/
    ► Keynote by Dr. Pero Mićić at your event: https://www.futuremanagementgroup.com/en/speeches/dr-pero-micic-speaker-en/
    ► Free Video Crash Course: THE FUTURE OF YOUR BUSINESS https://www.futuremanagementgroup.com/en/solutions/crash-course/
    ► Find and develop NEW BUSINESS: https://www.futuremanagementgroup.com/en/solutions/new-business-program_01/
    ► Play BUSINESS WARGAMES: https://www.futuremanagementgroup.com/en/solutions/wargames/

    PROFILES AND WEBSITES
    ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
    ► Wikipedia Pero Mićić: https://en.wikipedia.org/wiki/Pero_Mi%C4%87i%C4%87
    ► Website Pero Mićić and FutureManagementGroup AG: https://www.futuremanagementgroup.com/en/
    ► Linkedin-Profile: https://www.linkedin.com/in/peromicic/
    ► Facebook-Profile: https://www.facebook.com/pero.micic
    ► Linkedin FutureManagementGroup AG: https://www.linkedin.com/company/1185372
    ► Facebook FutureManagementGroup AG: https://www.facebook.com/FutureManagementGroup/