George Brown College: Leadership in the innovation economy

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This presentation will highlight how the world is changing, and how we are innovating by using collaborative technologies.

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George Brown College: Leadership in the innovation economy

  1. 1. George Brown College:Leadership in the innovationeconomyNitin Kawale, PresidentCisco Canada
  2. 2. The World Is Changing Recession Consumerization GlobalizationSocial Networking and Sustainable Mass Collaboration Development Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 2
  3. 3. Innovation is Set to Explode ....and innovation never stops! http://bits.blogs.nytimes.com/2009/10/30/innovation-spending-looks-recession-resistant/?ref=technology Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 3
  4. 4. The Innovation Leadership Disconnect“Executives say innovation is very important, but theircompanies’ approach to it is often informal, and leaderslack confidence in their innovation decisions.” – 65% say innovation is a “Top 3 priority” for driving growth Only 5% say it is NOT a priority And 14% say it is THE “top priority” BUT only 36% say innovation is part of what the organization does 34% say innovation is a part of leadership’s regular agenda BUT a third of them say innovation is governed in an ad hoc waySource: McKinsey & Company, 2008Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 4
  5. 5. Innovation and Productivity In Decline Declining  Canada’s  Canada labour  Canada needs productivity means capacity for productivity 4X current rate missed innovation growth is of productivity opportunities and ability to declining: and sustain it absorb and for 15 years to Productivity deploy  1.9% annual close to investment per technology average each Canada-US gap Canadian worker is ranked 18th in year during the 60% of US levels the world 1990s 14th among  0.7% annual OECD nations average from for innovation 2000-2009 performance and productivity Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 5
  6. 6. Productivity Drives Standard Of LivingCompound Productivity Growth100% 5% Standard of Living Doubles in 14 Years 75% 3% Standard of Living Doubles in 24 Years 50% 1% Standard of Living Doubles in 72 Years 25% 0 9 18 27 36 45 54 63 72 Source: Net Impact Study Years Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 6
  7. 7. Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 7
  8. 8. Our Mission To cultivate a steady stream of new businesses with $Billion potential, architectural integration and growth engine opportunity for our Foundation and AT businesses. Increase our productivity by 15% annually through innovative redesign of business processes But…..Vision without Execution is Hallucination - Albert EinsteinPresentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 8
  9. 9. Finding Good OpportunitiesPresentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 9
  10. 10. $5.3B+ R&D Investment Annually 20,000+ 700 Engineers Patents Filed Annually Build 125+ Acquisitions Innovation Buy PartnersPresentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 10
  11. 11.  Detailed Advisory service: Cisco as Trusted Connected Real Estate for construction partner projects  Cisco One Network; “Fourth Utility”  Primary technology contracting approach  Fourth Utility, Energy management  Cisco advanced home networking Innovation in Healthcare solutions  Tandberg: Virtual Security Guard  Platform for innovation.  Connected Home of the Future: replicable architecture  Energy management for Factories  WindWalk community in Alberta [Mediator]  Revitalization services for 633  Transform experience at race tracks aboriginal communities (Sports & Entertainment)  Marketing, Branding, knowledge  Define S+CC vision and approach for exchange thru collaboration community development Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 11
  12. 12. Where Innovation Comes From External sources of ideas and innovation Business partners Customers Consultants Competitors Associations, trade shows, etc. Academia 0% 5% 10% 15% 20% 25% 30% 35% 40% Internal sources of ideas and innovation Employees (general population) Sales or service units Internal R&D 0% 5% 10% 15% 20% 25% 30% 35% 40%Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon” Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon” Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 12© 2006 Cisco Systems, Inc. All rights reserved.
  13. 13. Canadians are ready to innovate  70% use social media  Canadians among the busiest users of social media  LinkedIn has more than 2 million Canadian members  16 million Canadians on Facebook  47% use Twitter  58% of Canadians say they have blogged  61% of businesses track what’s being said about them onlineSource: Marketing Breakthroughs, 2009 Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 13
  14. 14. Your Opportunities for Innovation? Population growth Smart and Connected Communities Get ready for Gen Y and Gen Z Improve collaboration – increase efficiency Leverage LEED credits by being “green” Create more business value from buildings Reduce energy consumption/control all systemsPresentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 14
  15. 15. Getting Started1. Think big: Bold Vision2. Disrupt: Try Something New3. Start Small: Solve Simple Pain Point Well4. Evolve Quickly: 5 Phase Plan5. Start: Lead & Others Will Follow6. Believe: With Passion Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 15
  16. 16. “Generally, most people want to be effective, productive and feel as though they contribute. As a company, you need to provide the means (foundation). Do that, and people will be innovative. They’ll embrace it and show you some fantastic things.”Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 16
  17. 17. Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 17

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