If you’re feeling the urge to rethink any aspect of your business model, product or service, you should head to Monkey Town (http://www.monkeytown4.com/). Monkey Town is dinner-tainment (my word, not theirs) re-imagined for the electronic age, complete with cutting edge modernist cuisine, computer-generated animation, multichannel video and other software-centered art. It’s a moving venue that started in NYC and that now relocates itself approximately every 3 months into different vacant warehouse space in a different city before moving on again – bringing world class chefs and virtual artists along for the ride. In doing so, it reveals a lot about rethinking our own business models, creating intrigue and demand. How so?
Monkey Town is all about re-thinking the status quo and creating output unique enough to stand apart, yet scarce enough to stimulate its own demand (it’s here…and then it’s gone. It’s cool…everyone’s buzzing about it…but you better get in on it while you can).
If your business (or product or service) needs to reinvent or stimulate new demand in any aspect, there’s a powerful technique you can us to RETHINK in much the same way. It’s called the Great What If Game, and it works like this:
1. Generate a truly random “What If” list approximately 30-40 items long, as in what if we: make it more modern, make it more colorful, add an element of mystery, make it more digital, make it more mobile, make it fit a narrower target, make it cooler, make it simpler, re-position it, add features, make it more swank, create value add, etc., etc., etc.
2. Then, simply apply the list to your situation in order to re-think everything.
In the case of Monkey Town, such re imagining of the status quo (breaking rules along the way) might yield just such results as described above. The question is: are there any elements of your own business model that could use similar re-thought? If there are, define your own status quo – and then make a monkey out of it.
About the authors: Eric Greene & Keith Poulson are principals at Elevation (it’s different up here). We are an innovation firm that specializes in A-Z new product/service/growth strategy development (including guerrilla research, opportunity I.D., brainstorming, concept development, industrial design, prototyping and engineering). To learn more, go to: http://elevationid.com/