Frits van Paasschen

Frits van Paasschen

Top Business Speaker, Change Management Expert, Bestselling Author, Board Member of J. Crew, and Former CEO of Coors Brewing Company and Starwood Hotels and Resorts

Jan 1, 2018

Frits Van Paasschen

In this episode, we speak with Frits van Paasschen, former CEO of Coors Brewing Company and Starwood Hotels and Resorts, about his experience as a business tycoon throughout various industries. His book, Disruptors’ Feast, gives insight into the knowledge he gained from over a decade of being a CEO and global executive for companies like Nike and Disney. Navigating the uncertain waters from industry to industry showed him that change is inevitable, and oftentimes it can be abrupt and unsettling. However, he believes that true progress is made when we use the accelerated pace of change and work to understand the patterns of disruption.

“For some people, it’s ambition or status or money. In all candor, I think in my case, more than anything else, it was curiosity and this element of adrenaline about, can I do this?”

 

Frits Van Paasschen

Episode Highlights

1

What is the call to action you drop into your talks? 

What I’m trying to have people appreciate is that thanks to cognitive bias, thanks to entrenched habits, vested interests, all these barriers to change that are inherently human, that if we believe that somehow doing the same thing in the future is going to yield the same result, we’re going to be misguided.

It’s almost like the new definition of insanity. This used be doing the same thing, expecting a different result. I think having people step back and go, “Wait a minute, we’ve been successful up until now because we’ve been doing A, B, and C. Unless we completely change that, we’re sealing our own fate, and we’re going to have our own Kodak moment.”

2

What did you learn from your diversity of experience working in such wildly different disciplines? 

I think people are motivated in their careers by different things. For some people, it’s ambition or status or money. In all candor, I think in my case, more than anything else, it was curiosity and this element of adrenaline about, can I do this? Go to Europe and run Nike’s business there, having only ever run a P&L for a year-and-a-half before that, and suddenly you’ve got $2.5 billion worth of revenue you’re trying to grow; or coming to Coors, where the company had lost market share and volume for seven quarters in a row; or coming into Starwood, where the corporate culture was fragmented by a series of leadership changes.

3

TED is about “Ideas Worth Spreading.” What’s the core idea for you Frits?

The core idea from my perspective is this: We’re living in a world of accelerating change, and that change is both in terms of steady timelines, but also these abrupt, disruptive changes. We as human beings in the organizations we’ve created are not well suited to an accelerating pace of change. That creates both dangers as well as opportunities, and it’s really exploring how we can get better at coping with change and understand the patterns of disruption and the kinds of things that prevent us from adapting that, I think, become an interesting topic to talk about.

Listen to these next

Oct 30, 2019 Barb Stegemann

Barb Stegemann – Doing Well By Doing Good

Barb Stegemann is a motivational keynote speaker. Her entrepreneurial vision was formed after her best friend—a soldier—was severely wounded in Afghanistan. Understanding that supporting Afghanistan’s…

Listen

Jul 17, 2019 Chris Barton

Chris Barton – How Entrepreneurs Are Different

Chris Barton is an entrepreneur speaker, co-founder and former Board Director of Shazam, and expert in mobile applications. At Shazam, he helped guide the music…

Listen

Jul 1, 2019 Peter Zeihan

Peter Zeihan – The New Geopolitical Order

Peter Zeihan is a top keynote speaker in geopolitical strategy who specializes in global energy, demographics, and security. Before founding his own firm, Zeihan on…

Listen

Jul 1, 2019 Mike Walsh

Mike Walsh – The Algorithmic Leader of the Future

Mike Walsh is a top innovation and futurist speaker, bestselling author, and IoT expert. He is the CEO of Tomorrow, a global consultancy on designing…

Listen

Close

My Catalog

PDF

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    Submit Clear All

    You have not added any speakers yet.