VIDEO: Opening talk & Presentation of items (Part 1)
Opening Talk & Presentation of items (48 minutes)
At the beginning of the session, I welcomed the participants and explained my activities (three overseas trips since the session #34 of Davos Experience in Tokyo series) including Global Women’s Forum in Dubai in Dubai, my trip to New York (fun despite the cold weather!) and McKinsey Asia Alumni Leadership Summit and events in Japan including Women’s Initiative Forum several days before.
I emphasized what I have found during these trips/conferences. Namely, the days where we have one single job during our career is over and we need to be aware and develop the capability to identify “value.”
I asked participants to think of their experience of setting price/negotiating price and to share their experiences with neighbors. (I wanted to invite their attention to the fact that we have so few experiences of setting price/negotiating price, as we often take “price” as “given.”)
As “value” becomes more important now than before and we need capability to identify/figure out the “value” of things as the market changes so fast.
After about several minutes into the video, I explained the auction process. We have 14 items and each one will be introduced by the sponsor. Participants can watch and decide whether they want to bid for the item or not and if so, how much they are willing to pay.
I started with my own item –I had four- showing the slides and explaining what each one contains and the starting price. After my introduction of items, other sponsors introduced their own items. (It starts about 14 minutes into the video.)
There are 10 more items altogether, starting w Maki’s individuality in style /Africa/bowtie, Tomohiro’s personal coaching, Rie’s letter writing with paper craft (very personal & sophisticated style), Yohei’s offering class to learn deep learning/images easy way, Asano’s session to introduce Enneagram as a way to expand your opportunities, Noriko’s two sessions-the first to create your own song, and the second to complete your son with Sound Memo & Garage Band,
Hideyuki’s offering service of creating your own theme song based upon profiling your personal story, (he even played theme song for me as demonstration! 33 min. into the video), Ayako’s offering 2.5 hour English pronunciation therapy session based upon her expertise of phonetics study, and Akira’s offering of how to do “SETTAI-Real Entertainment at reasonable price” from his experience of doing so many SETTAI to build rapport with people.
I asked several clarifying questions and at the end, I introduced all the items again.
After the presentation of the 14 items, participants started breakout sessions in small groups to think of what items each one of them could offer.
VIDEO: Presentation and Closing (Part 2)
Presentation & Closing (25 minutes)
In the first few minutes, participants were asking questions about the items etc. Then each group reported back what they discussed in breakout sessions- including what items they came to think of as auction items-exchanging their skills, communicating what they want to do in life (one person wants to be a monk), capitalizing on their expertise (knowledge about history, experience in risky countries, how to ride trains during rush hour), etc.
I asked whether there were any new findings or new ideas from watching presentation of others. This discussion seems to offer opportunity to do trial & error in pricing/identifying value/what people are willing to pay.
At the end, I wrapped up the session by encouraging participants to think of “value” by identifying needs/problems to solve and revisiting what they can do from their own experience/expertise.
In the last few minutes, I introduced the next session with Casey Wahl and our attempts to increase repeat participants by organizing Yoko’s bar.
VIDEO: Before session (Part 3)
Before session (4 minutes)
Before the session, I interviewed Maki san who has participated at Davos.. in Tokyo series a few times. offered an item based upon her expertise and her wish at the auction both in Japanese and in English. She explained why she came up with the idea.
VIDEO: After session (Part 4)
After session (some 6 minutes)
I had two interviews both in Japanese and in English. One was with Haruo Imai who came for the second time. He shared his impression of the session and in particular talked about how he started thinking about what he could offer for a value.
The second interview was with Fumie Ishida who came for the first time. She found the session interesting and already has some ideas to offer at auction when we hold another auction at Davos Experience in Tokyo series.
Both of them made a bid for the items at the auction. (In fact, both made a bid for the items I offered—Thanks!)