Kastelleaigseriesapril2010final 100421224728-phpapp01

142 views
108 views

Published on

Some of the Slideshare presentations that I have uploaded were not created by me. They are all worth having a look at. I am Stephen Darori on Linkedin. If you think we have or could have some synergy now or in the future.do Send me an invitation to connect on Linkedin

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
142
On SlideShare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Kastelleaigseriesapril2010final 100421224728-phpapp01

  1. 1. Issues in Innovation Leadership DAY: SESSION: PRESENTER: April 2010 Australian Industry Group Breakfast Series Dr Tim Kastelle
  2. 2. Why this…
  3. 3. … not this? (photo: flickr/Martin Charbonneau Photographe
  4. 4. <1> Invention is not Innovation
  5. 5. Innovation • Executing a new idea that has economic value
  6. 6. Invented: 1823 Built: 1998 Sold: Never
  7. 7. Invented: 1968 Built: 1974 Sold: 1981
  8. 8. Invented: 23 times before Edison!
  9. 9. So why do we say that Edison invented the light bulb?
  10. 10. <2> Innovation is More Than Just New Products
  11. 11. Innovation is More than Just New Products • “(Economic) development in our sense is then defined by the carrying out of new combinations” – J.A. Schumpeter (1912) The Theory of Economic Development
  12. 12. Schumpeter’s Forms of Innovation 1. The introduction of a new good, or a new quality of good (or service) 2. Introduction of a new method of production 3. The opening of a new market 4. Developing a new source of supply 5. Changing the structure of an industry
  13. 13. Business Model Innovation – Critical but Overlooked Source: Open Innovation by Henry Chesbrough
  14. 14. Source: Boston Consulting Group: Business Model Innovation: When the Game Gets Tough, Change the Game
  15. 15. Better Place – Electric Cars
  16. 16. <3> Innovation is a Process
  17. 17. The Innovation Value Chain Source: Hanson & Birkinshaw: The Innovation Value Chain – Harvard Business Review
  18. 18. Actual Organisations Idea Poor Selection & Diffusion Poor
  19. 19. To Lead Innovation: • Understand the difference between Invention and Innovation • Innovation is not just new products – try to think of other forms of innovation (especially business model innovation) • Manage Innovation as a process, not an event
  20. 20. Thank you! timkastelle.org/blog/

×