exponential disruptive innovation
TRANSCRIPT
Exponential Disruptive Innovation
Introduction
Exponential Disruptive Innovation
Exponential Disruptive Innovation
Course Summary
Introduction
Mike MastroyiannisRene Hartmann
Hong Kong , Singapore June 2015
Introduction
How to avoid being Disrupted and How to Innovate?
Average Company lifespan on S&P 500 Index
Exponential Disruptive Innovation
Innovation at cross roads…new directions
Introduction
Linear
Not so linear….
Now What?
Exponential Disruptive Innovation
Innovation going Forward
‘How will the ‘mostly linear’ Innovation Processes and their corporate contexts, that have served us well over the past 50 years, be affected as potentially disruptive key global trends in: - exponentially growing technologies- health sciences- Internet connectivity - Urbanisation are taking hold.’ ?
Key Subject
Exponential Disruptive Innovation
Innovation Steps
Innovation Process steps and their evolutionThis course will answer questions by describing the evolution of 8 important Innovation process-steps (process steps identified as ‘key’ and used by many of innovative companies today) in context of these disruptive global trends, and offer views on how to best embrace the opportunities that these trends will bring to the profession.
Are you going to become Kodak, Nokia or Google like ?
Innovation Steps
Exponential Disruptive Innovation
Key Global trends and breakthroughs
The course/training will enlighten the participants among other subjects on the major breakthroughs in technology, health sciences and socio-economic trends such as urbanisation, connectivity and ageing and the combined, disruptive, exponential effect of these events on the innovative powers residing in companies and individuals.
Global Trends
Exponential Disruptive Innovation
Key words are : Disruptive, Exponential Innovations
Disruptive, Exponential Innovation is initiated through the key global trends discussed earlier and generally enables new horizons in connectivity, adaptability and speed:
• Connectivity enables leveraging the networked world for resources (crowd resources)
• Lean experimentation, immediate feedback help to realise and implement the ‘right’ concept with speed.
• Whereas the networked resources allow for flexibility and adaptability towards the task at hand
Changes in the 8 key Innovation process steps are required.
Disruptive , Exponential
Disruptive , Exponential
Exponential Disruptive Innovation
New set of rules and new governance for Innovation
The changes affecting the 8 key steps of innovation process and with that, the role and responsibilities in many of the corporate functions.The nature of a ‘networked resource world’ will affect for example, the way :
- The R&D Director solves his staffing issues- While the speed and flexibility by which start-ups generate traction will
inspire the CEO to enhance the autonomy of new initiatives in his company.- The Finance Director has to review the financial viability of the company
from a portfolio rather than functional perspective only.
It is clear that no one can sit still and everyone is affected!
New rules for Innovation
New rules for Innovation
Exponential Disruptive Innovation
Innovation teams and set-up
As the role of the different functions is enhanced and/or changed, what about the Innovation function itself ?
• Are there alternatives to In-house and acquiring ?• Can Innovation be crowd sourced?• Will companies be de-verticalizing as result of the improved flexibility that
crowd resources offer?• What co-operations with Innovators and Incubators may potentially add to
Innovation results ?
This course offers various views, from a perspective of both medium size and larger companies.
New rules for Innovation
New rules for Innovation
Exponential Disruptive Innovation
Key Course Learnings “Exponential Disruptive Innovation”:
We will train you and we will answer questions related to :
1. Linear and Networked Innovation processes the last 50 years.2. How to avoid disruption and how to Innovate the coming
decades. 3. What are the necessary changes.4. Key Success factors to make the change.5. What are the options for the innovation set up.6. What are the impacts on various company functions.7. What are the differences in implementation between
Medium size and Large companies.8. How to Implement the changes
New rules for Innovation
Exponential Disruptive Innovation
Leading the change in your company or department
With the insights provided on Innovation processes and the macro economic global trends, we believe that you will be confident to be an ‘evangelist of change’ and you would be able to be a leader in the ‘next Innovation round’ of your company.
For any Interested Parties to discover more, please contact :
Mike Mastroyiannis [email protected] Hartmann [email protected]
Leading the Change
Exponential Innovation
Mike is inspiring and helping others to find their Passions , Success in Life and Business . He has created and lead innovative scalable global systems and businesses as well as start ups , he is reinventing , simplifying , leveraging the community as well as external assets , automating and growing effectively . Experienced in both Digital Marketing and Technology which is imperative for any 21st century CEO . 3 decades of Leadership roles with many and fast turnarounds for big businesses as well as start ups. He can be reached through LinkedIn or email [email protected]
Rene has been helping companies, both large and small, to Innovate their businesses beyond the sustaining and incremental. He helps his companies to view their businesses through a portfolio lens, which then allows the right parameters and criteria to be set per activity. Rene believes that through this approach both incumbent as well as new companies can embrace the opportunities that an increasingly networked and 'knowledge leveraged' world has to offer. He can be reached through LinkedIn or email [email protected]
Thank You!
About the Authors