Stephan Jung: Top Speaker on Megatrends, Innovation & Social Responsibility.
Stephan Jungs’ successful life didn’t exactly follow any strategic plan, he says. Perhaps that’s why today, he belongs to one of the most famous Top Speakers in the field of innovation and megatrends. Here, we share his story as well as his huge experiences. Including practial tips.
His inner curiosity has always driven him: what works? What are factors for success? Why does one thing work and another doesn’t? At the age of 18, he wanted to learn a „solid job“ and decided to study the law. After a few semesters, however, it bored him out. Dry law rules weren’t what curious and bustling Stephan Jung was looking fo. So, he moved on and entered the field of retail trade and, from there, moved on to the real estate industry. Eventually, he became self-eomployed.
He has always felt the world to be global, he feels more like a European than a German. His curiosity about people and networks is his motivation and today, he is in touch with 16,000 people around the world, often “only” via the social media. Nevertheless, in his opinion, most of the developments we create still are the result of personal contact. He feels that it is still about looking each other in the eye, talking face to face and really getting to know each other. One of his tips is for exaomple to get rid of shyness and, instead, be brave and step out there: „You won’t be seen if you stay home“, he says. „No one is gonna come and knock on your door. You need to be out there.“ He adds: “True that you do need curiosity and also a certain love for people in order to do it.“
He usually starts his keynotes with a list of 12 megatrends. Megatrends, he explains, develop slowly and consistently. It is necessary to ask certain questions to figure them out: How will we be working in the future? How will we be travelling? What will our lifestyle be like? How will we live? What will determine our life? In a business context, he refers to the values that, as a matter of fact, will change. A business need to foresee those and work with the them.
Artificial Intelligence and robotics, he believes, will be among the biggest megatrends. In ten years, Stephan Jung foresees the largest company to be a training company. Silo mentality will dissolve and instead, customer centricity will be the star to follow. The customer is key – for each department, not only for those who are in direct contact with the customer. He says: “Fear of change or even blocking it will lead to death. The better will prevail. Always.” However, those who stay in the game of change will almost certainly win, he predicts. Today, newly established companies would last around ten years. In the coming years, he estimates their existence to even be closer to five years. He says: “Projects in Silicon Valley last only six weeks in our days. There is a week of holiday afterwards, a little bit of
beaching and enjoyment, and the next project is on. Speed is the winner, not size anymore.”
Safety, says Stephan Jung, will be the result of learning and the ability to remain curious and keeping in touch with as many people as possible.
First, in order to survive in the future, a company must focus 100 percent on customer centrricity. Secondly focus on your employees, advises Stephan Jung. Old hierarchies need to fall, silos must disappear and people needed inspiration and fresh impulses from the outside regularly. If you follow the flow of change, you will win. Does sound good, doesn’t it? Get ready!