George Brown College: Leadership in the innovation economy
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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.

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 Presentation Transcript

  • 1. George Brown College:Leadership in the innovationeconomyNitin Kawale, PresidentCisco Canada
  • 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. 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. 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. 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. 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. Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 7
  • 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. Finding Good OpportunitiesPresentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 9
  • 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.  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. 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. 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. 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. 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. “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. Presentation_ID © 2011 Cisco Systems, Inc. All rights reserved. 17