digital innovation closing thoughts dan elron. class objectives help students understand the great...
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Dig
ital In
novati
on
Closing ThoughtsDan Elron
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Class objectives Help students understand the great impact and
likely opportunities from new digital technologies Introduce some basic frameworks, concepts, tools
to help describe, evaluate and apply digital innovation
Provide context and examples about how this type of innovation is playing out in today’s global business environment
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The vision: You in a few years
“We can avoid being disrupted… let us do the disrupting…”
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Key points to remember1. It is early days in the digital revolution- combinatorial innovation and
new technologies such as IoT are just beginning to affect many industries
2. Much value will be created, and destroyed3. Most large companies struggle to deal with the rate of change- they
need fresh thinking!4. You need a portfolio of ideas with different goals, time horizons and
risk profiles5. This is the best example :
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Observations and Questions Great improvement in engagement, ideas as the
class progressed (why did it take a while?) OK on connecting examples to the frameworks, can
do better Lots to cover in a short course - may need to
extend or focus, be more specific on assignments Pace vs. depth challenge - are we doing too much
and at too high a level?
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Advice1. Read (Wired, NYT, WSJ, Economist…)2. Notice (new apps, ads, technologies) and
critique 3. Presentations - practice, practice, and get
coaching4. Your career- try many things but keep in
mind that this is a good time to benefit from the tech revolution and value creation and disruption; try to remember which side you are on, and whether you and your company are innovating yourselves enough
5. Keep in touch ( Linkedin)!