Pulse Legacy Archive December 2012 | Seite 32

December_Pulse12 11/14/12 4:17 PM Page 30 ON GREATNESS, INNOVATION, HEALTH AND GRATITUDE (CONTINUED FROM PAGE 28) DAY 3: Peter Sheahan The Road to Innovation F ounder and CEO of ChangeLabs Peter Sheahan delivered a high-energy message of innovation at the final keynote address. Through his thoughtleadership practice, he has witnessed the changes occurring within the spa industry many times before in other industries. The spa industry has fundamentally changed and continues to evolve; therein, lies the opportunity for growth. Sheahan focused on three primary areas of growth—innovation, brand differentiation and team engagement—and underlined them with the unity of collaboration. to one of two sides: niche or cost. Sheahan clarified that niche does not equate to high cost, indulgent or small—it means you have a very clear niche value proposition. On the cost side, price is also a legitimate strategy—Southwest Airlines as an example. Choose cashews (niche) or pretzels (cost), but he warned against attempting to play both sides and being “cheap and amazing” at the same time. “The more you try to be everything to everyone, the more you’ll be nothing to anybody.” Elevate Your Perspective The good news? You don’t have to figure it all yourself. Your job is not to have all the answers. Instead, co-create with your team. Cultivate an environment that encourages growth and innovation by starting the dialogue and having discussions with TAKEAWAY: Does your team have a the people who bring your brand hand in shaping your to life every single day. Give your brand story? team the opportunity to help you define what your narrative looks like. He finished with a fitting conclusion for the spa community. The ability to handle imminent change is dependent on how well the spa community comes together as an industry to collaborate. “That’s why you’re a member of ISPA,” Sheahan said. “That’s why you’re active in this organization. Because if we all knew what we all knew, we’d be unstoppable.” ■ Engage Your Front Line When was the last time you detached yourself from the dayto-day operations of your organization and hovered above the industry as a whole? Have you TAKEAWAY: been caught up in the assumpWhat steps do you take to tions about the industry? Have get elevation? you noticed what is occurring on the fringes of the industry? Sheahan’s first powerful message was that, as industry leaders, your job is to examine and question assumptions. “Leadership requires that you get elevation,” he said. Suspend judgment, step back and get some altitude. By doing this, you can examine the trends occurring on the periphery of the spa business. Start to innovate around the fringes and avoid what he calls the “gravity of success”— staying put with what seems to be working and not firing bullets. “Take risks. Start early. Shoot the bullets before you need to,” he advised. READING LIST Books by Peter Sheahan Differentiate Your Brand ● What is the story of your brand? Every spa, every skin-care line, every piece of high-tech TAKEAWAY: equipment has a narrative. Is there clear evidence of What is yours and what is the your story in your marketevidence of that narrative? ing and sales initiatives? Sheahan defines this as your “value proposition”—the clear, compelling, “unique(ish)” story that shapes your brand. He explained that, historically, when an industry matures, a wedge forms in the middle of the market that forces people ● 30 PULSE ■ December 2012 ● Flip: How to Turn Everything You Know on its Head – and Succeed Beyond Your Wildest Imaginings Making it Happen: Turning Your Good Ideas into Great Results Generation Y: Thriving and Surviving with Generation Y at Work Books by Jim Collins ● ● ● Great by Choice: Uncertainty, Chaos, and Luck—Why Some Thrive Despite Them All (co-authored by Morten T. Hansen) Good to Great: Why Some Companies Make the Leap...and Others Don’t Built to Last: Successful Habits of Visionary Companies (co-authored by Jerry I. Porras)