HP Enterprise Innovation

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Innovation Risk Management Conference, 27th-28th January 2011 / Hotel Avenida Palace, Barcelona, Spain

Innovation Risk Management Conference, 27th-28th January 2011 / Hotel Avenida Palace, Barcelona, Spain

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  • 1. Enterprise Innovation Dr. Dennis Curry HP Enterprise Innovation Director 27th January 201 1©2010 Hewlett-Packard Development Company, L.P. The information 1 ©2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without noticecontained herein is subject to change without notice
  • 2. AgendaAbout Hewlett PackardEnterprise Innovation RisksHP’s ApproachInnovation AgendaHP Innovation as a ServiceFuture 2©2010 Hewlett-Packard Development Development Company, L.P. The information contained herein is subject to change without notice ©2010 Hewlett-Packard Company 2
  • 3. Today HP is the largesttechnology company in theworld—committed to using ourproducts and services to unleashnew possibilities and have ameaningful impact on businessand life Fortune 10 – U.S. Fortune 26 – Global Doing business in approximately170 countries 304,000 employees 145,000 sales partners 210,000 service partners 88,000 retail locations33 ©2010 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice ©2010 HP Confidential
  • 4. HP’S MARKET POSITION 2004 -2010 1Financial performance 2004 2010 HP today – Focused on driving financial leverage 1 by accelerating revenue growth on the industry’s lowest cost structure 2 – Improving sales coverage and creating the best sales force in the industry – Industry best and broadest portfolio of industry standards architectures, creating massive scale advantagesTransformational M&A and processes – Leadership in key categories including– Infrastructure (Compaq, 3PAR) PCs, imaging, servers, SW, networking– Software (Mercury, Opsware, Peregrine, Palm, and services Fortify, ArcSight) – Investing in IP innovation– Services (EDS) – Leveraging our balance sheet for– Networking (3Com)– IT data center and application consolidation targeted M&A to extend and bolster– Real estate transformation our portfolio– Service delivery cost optimization 1. Non-GAAP 4 2. Fortune ranking of America’s largest corporations
  • 5. Executives now firmly believe that innovation is central to a company’s strategy & performance… but getting it right is as hard as ever5
  • 6. Risk in Innovation: Examples  Maximizing on the potential  Inconsistent approach across organization  Different meanings for innovation  Leveraging innovation assets to maximize potential  Emotive and subjective  Complex to understand  Difficult to measure6
  • 7. Examples of Stakeholder Priorities VP Marketing Chief Executive Officer  Increased velocity of innovations  Accelerate business growth relative to competitors  Increase agility of the organization  Incorporating Voice of customer  Mitigate risk into innovations  Improve performance  Market testing of Innovations  Searching for Blue OceansVP Research & Development CIO Managing the intake & selection of  Reduce latency between IT innovations (IP) and organization strategy Manage the external ecosystem (Voice  Lead business change of the consumer/partner)  Improve operational Increasing R&D involvement at all efficiency stages of Innovation  Increase revenue generating Increasing sophistication of tools products & services and processes supporting stage gating Chief Operating Officer VP Product Development  Increase Innovation to improve  Reduce latency concept to cash process  Improve supplier integration/collaboration  Increase Innovation to improve in the innovation process supply chain  Improve customer satisfaction  Loss Avoidance/Risk mitigation  Reduce Cost  Rate of innovation adoption within7 the organization
  • 8. Globally Connected Innovation HP manages an enterprise innovation approach that is globally-connected and aligned to outcomes to ensure innovation is8
  • 9. Hierarchy of Customer Needs Value 1 Quality 2 Innovative 3 Secure9
  • 10. De risking Enterprise Innovation: Examples Align to core Strategy Growth Focus on Key Outcomes Productivity Customer Experience Business Function, Cost not Program Customer Centric Loyalty10
  • 11. Strategic Pillars of Enterprise Innovation Strategic Pillars Research & Development  Mergers & Acquisitions  Portfolio/ Service Development  Industry Thought Leadership  Partners & Alliances  Enterprise Innovation Enterprise Innovation relates to the convergence of creativity, thought leadership and innovation across the enterprise to ensure its strategic intent is met 11
  • 12. Enterprise Innovation - AimsUnderstand clients’ key business challengesManage a unified consistent approachthat is globally-connected and alignedto outcomesAnticipate future trends and requirementsLeverage innovation assetsCreate competitive advantages bygiving customers the edge12
  • 13. HP Enterprise Innovation FrameworkInnovation Agenda Objective Focused Defines what innovationmeans to the customer Measurable Prioritizes their keybusiness challenges Identifies how HPcan help13
  • 14. Corporate Innovation Development OVERAL OBJECTIVE: Creating the right structure and infrastructure across an entire organisation that enables the successful application of innovation14
  • 15. TURNING RESEARCH INTO REALITYHP Labs is working to solve real problems and create opportunities SEE OUR Creating interactive displays that use COMPUTER MONITORS ambient light instead of backlighting so OUTSIDE phones and laptops use less energy MEET FACE TO Developing affordable, high-quality, FACE WITH ANYONE, person-to-person videoconferencing ANYWHERE technology MONITOR OUR Building a Central Nervous System for PLANET’S the Earth, using billions of highly-sensitive HEALTH nano-scale sensors15 HP Enterprise Innovation Client Confidential
  • 16. Leveraging Innovation Assets Creating the ability to HP, partner and industry innovation assets across a global organisation, to accelerate the delivery of client innovation16
  • 17. HP is converting its own deep cultural history with innovation into tools & practices to help customers innovate in times of opportunity & challenge by offering17
  • 18. HP Innovation as a Service Solution Landscape Marketing & Rewards &Program Governance Process Flows Communication RecognitionManagementto drivemeasurableend-to-endinnovation Managing the ―right Reporting Innovation Idea Management Ideas Evaluation ―ideas as projects metricsTools to capture& manage theprocess Agile Development forFOR I.T. Leveraging Innovation HP Labs for Agility Alliance for partner Rapid Prototyping Assets Technology Innovation innovationHP Ecosystem -Value addednetwork to turnideas into realityfaster 18
  • 19. Future:A Global Innovation Economy The world is a much more connected place today and thought leadership and creativity is becoming more available and accessible We are also seeing an ever greater shift from single contributors of innovation to communities and groups Thought Leadership & Creativity will become more like commodities in an open market place connected to financial systems The emerging global innovation economy will bring the best minds on the planet to bear on issues critical to us all1919 HP Enterprise Innovation Client Confidential
  • 20. Q&A20 © Copyright 2011 Hewlett-Packard Development Company, L.P.
  • 21. Innovation@hp.com dennis.curry@hp.com www.denniscurry.net©2010 Hewlett-Packard Development Company, L.P. The information 21contained herein is subject to change without notice