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NEWS
Wellness is up for reinvention, says GWS keynote John Kao
POSTED 10 Nov 2020 . BY Megan Whitby
John Kao is a GWS advisory board member, MD and best-selling author specialising in innovation and enterprise transformation Credit: Global Wellness Summit
John Kao, MD and best-selling author on innovation and enterprise transformation, believes the wellness market is ripe for innovation and transformation.

Speaking at the 2020 Global Wellness Summit, he predicted that once the pandemic resolves, there will be a massive outpouring of energy towards wellness and wanting to reinvent the way we live.

“It’s been a time of figuring out what’s important and what can be left behind, a time for reorganising ourselves and introspection,” he said, “within this lies tremendous potential.

“This means wellness is up for reinvention and that there’s real potential to create new sources of value.”

Kao was keen to state that now is not just a time of disruption, but also a period of discontinuity. The difference being that disruption is short-term and discontinuity is pervasive, meaning we’re not going to go back to conditions as normal.

“This indicates a new way of doing things that implies the need not just for improvement-oriented innovation, but reinvention-style of innovation.”

He believes this means there’s never been a better time to be an entrepreneur and innovator because it’s meant there’s a palpable dynamism in the early stage venture business.

Kao’s contacts in the early-stage venture capital industry say money is being invested like there’s no tomorrow and that people are coming up with business plans left, right and centre.

“This isn’t surprising because it tracks with history that major companies – such as Apple – got formed in times of recession and disruption and discontinuity, because these conditions mean there’s a fundamental humility in how to do things and openness to new possibilities.”

In Kao’s opinion, reinvention doesn’t happen when we sit as an expert.

He referenced a Zen Buddhist concept – called Beginner’s mind – which has a saying that in the mind of the expert there are many opinions and in the mind of the beginners there are few, therefore all new things begin with a beginners mind.

In essence, if you want to reinvent the bridge from today to the desired future, you have to have the openness to consider the possibilities with a blank sheet of paper.

He summed up by saying that the future of wellness looks bright, highlighting the significance of the summit, its research and the Global Wellness Institute's effort to reinvent the notion of wellness and wellbeing for the 21st century.
Sign up here to get the Spa Business and Spa Business insider weekly ezines and every issue of Spa Business and Spa Business insider magazines free on digital.
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News   Products   Magazine
NEWS
Wellness is up for reinvention, says GWS keynote John Kao
POSTED 10 Nov 2020 . BY Megan Whitby
John Kao is a GWS advisory board member, MD and best-selling author specialising in innovation and enterprise transformation Credit: Global Wellness Summit
John Kao, MD and best-selling author on innovation and enterprise transformation, believes the wellness market is ripe for innovation and transformation.

Speaking at the 2020 Global Wellness Summit, he predicted that once the pandemic resolves, there will be a massive outpouring of energy towards wellness and wanting to reinvent the way we live.

“It’s been a time of figuring out what’s important and what can be left behind, a time for reorganising ourselves and introspection,” he said, “within this lies tremendous potential.

“This means wellness is up for reinvention and that there’s real potential to create new sources of value.”

Kao was keen to state that now is not just a time of disruption, but also a period of discontinuity. The difference being that disruption is short-term and discontinuity is pervasive, meaning we’re not going to go back to conditions as normal.

“This indicates a new way of doing things that implies the need not just for improvement-oriented innovation, but reinvention-style of innovation.”

He believes this means there’s never been a better time to be an entrepreneur and innovator because it’s meant there’s a palpable dynamism in the early stage venture business.

Kao’s contacts in the early-stage venture capital industry say money is being invested like there’s no tomorrow and that people are coming up with business plans left, right and centre.

“This isn’t surprising because it tracks with history that major companies – such as Apple – got formed in times of recession and disruption and discontinuity, because these conditions mean there’s a fundamental humility in how to do things and openness to new possibilities.”

In Kao’s opinion, reinvention doesn’t happen when we sit as an expert.

He referenced a Zen Buddhist concept – called Beginner’s mind – which has a saying that in the mind of the expert there are many opinions and in the mind of the beginners there are few, therefore all new things begin with a beginners mind.

In essence, if you want to reinvent the bridge from today to the desired future, you have to have the openness to consider the possibilities with a blank sheet of paper.

He summed up by saying that the future of wellness looks bright, highlighting the significance of the summit, its research and the Global Wellness Institute's effort to reinvent the notion of wellness and wellbeing for the 21st century.
Sign up here to get the Spa Business and Spa Business insider weekly ezines and every issue of Spa Business and Spa Business insider magazines free on digital.
RELATED STORIES
2020 Shark Tank of Wellness competition winner hopes to help more people eat ‘food without fear’


The Global Wellness Summit (GWS) has announced Krysta Mendes Silva as the winner of its fifth annual Shark Tank of Wellness competition.
GWS report details top wellness trend predictions for 2021


The Global Wellness Summit (GWS) has unveiled its latest trends report containing its top nine wellness trends for 2021.
MORE NEWS
Baca Architects submits scheme for floating eco-wellness sanctuary and spa
Baca Architects has submitted a scheme to transform an unused UK quarry lake and surrounding land into a unique eco-wellness resort centred on waterside living and water- based recreation.
Montana hot springs resort unveils new bathing area in time to host global hot springs convention
The Hot Springs Connection conference is scheduled to take place in person at Quinn’s Hot Springs Resort in Paradise, Montana, on May 17-20 2021.
Beverly Hills Hotel unveils newly renovated spa with design details by Champalimaud Design
The iconic Beverly Hills Hotel Spa in Los Angeles has reopened its doors after seven months of extensive refurbishment and redesign.
Heyday secures US$20m in funding to underpin expansion plans
US-based skincare company Heyday has announced a US$20m (£14.2m €16.5m) Series B round of funding led by Level 5 Capital Partners (L5), with participation from existing investors Lerer Hippeau and Fifth Wall Ventures.
English spas and salons could reopen by mid-April
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British Beauty Council urging Government to provide industry lifelines to ‘minimise already-extensive damage’
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Our portfolio is divided into four product areas; Technology, Fragrances, Disinfectant and Cleaners [more...]
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CATALOGUE GALLERY
+ More catalogues  

VIDEO GALLERY

Pendex | Workout
Personalised workouts delivered. Find out more...
+ More videos  

DIRECTORY
+ More directory  
DIARY

 

28 Feb - 02 Mar 2021

World Spa & Wellness Online Conference

Online,
08-09 Apr 2021

AMS Virtual Conference

Online,
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2021

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