The CEO of Blockbuster says the company is blindsided when something new comes along and consumers have new needs. "We need to make sure that our entire structure, the way that we operate as an individual or an organization is always taking into account that something is going to change," he said.
“What is so deep in our core…that it’s unchangeable in times of change?” - Jason Feifer
Entrepreneur EIC Jason Feifer takes James through the stories and philosophies that resulted in his new book Build for Tomorrow: An Action Plan for Embracing Change, Adapting Fast, and Future-Proofing Your Career
In this jam-packed episode, Jason shines a light on the tunnel vision that companies and employees force upon themselves and urges both to embrace the self-examination needed to thrive when market conditions change.
Topics include:
- Who was the Emperor of San Francisco? (00:00:58)
- What are stories a more persuasive argument than data? (00:06:59)
- All about Build for Tomorrow: An Action Plan for Embracing Change, Adapting Fast, and Future-Proofing Your Career (00:17:20)
- The most important question of self-examination: What is it for? (00:23:59)
- Why should you write a single sentence that defines your mission? (00:35:33)
- Why did Jason write Build for Tomorrow? (00:38:30)
- How is Jason using the Skip the Line "Spoke and Wheel" technique? (00:40:59)
- The 3 types of stories you need to tell for consumer engagement (00:45:48)
- What is the real story of the demise of Blockbuster? (00:47:55)
- How can Jason's method of adaptation take risk into account? (00:56:01)
- Three questions to ask when preparing for change: What do I have, what do I need, what's available? (01:01:54)
- What are Jason Feifer's current answer to the three questions? (01:05:11)
- What advice did Jim Quik give Jason while writing the book? (01:11:40)
- What are Jason Feifer's current blind spots? (01:15:02)
- The importance of recognizing pivot points before you're forced to do so (01:25:22)
(Editor’s note: Topic times don’t account for sponsor ads and may appear a few minutes later in the episode on your podcast player)
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