PDMA| April 20, 2012

Judith Cone, Special Assistant to the Chancellor for Innovation and Entrepreneurship | innovate.unc.edu

Our World is in Need

WaterWar Poverty Environment

>1M Faculty

>20M Students

Top Research Facilities

Billions($) in Grants and Investments

How Can Universities Help?

Stage 1: Elevate Innovation and Entrepreneurship to a top priority at UNC

Stage 2: Assess the current state

Stage 3: Determine what is needed

Stage 4: Create a plan

Stage 5: Implement, track, measure

Definition - Innovators

Those who successfully implement

unique, valuable ideas.

Creativity + value + execution

Strengthen an Intentional Cultureof Innovation & Entrepreneurship

• Expect, inspire• Remove roadblocks and build elegant, aligned processes• Bring knowledge and resources to bear to support

innovators and entrepreneurs• Make connections and promote collaboration• Evaluate impact• Champion innovators, tell their stories, tell our story

Urgent, experimental, collaborative

INNOVATION PROCESS

Clarity and AlignmentValues: That which is worth doing. Expressed in Vision/Mission/Goals.

Resources: Required people, time, money, facilities, equipment, incentives, rewards.

Processes: Needed organization structures, rules, and methods, formal and informal.

INNOVATION ROADMAP