2017.03.09 innovation and why it matters more in the 21st century than ever before
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Dr Bettina von Stamm, Innovation Leadership Forum, presented this masterclass entitled "Innovation: Why It Matters More In the 21st Century Than Ever Before" as part of the All-Island Innovation Programme at NUI Galway on the 9th of March 2017.
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2017.03.09 innovation and why it matters more in the 21st century than ever before
- 1. Innovation B Why It Matters More In The 21st Century Than Ever Before 9th March 2017 Some background © Dr Bettina von Stamm 9th March 2017 Educational Background: PhD & MBA from London Business School Degree in Architecture & Town Planning In pursuit of understanding and enabling innovation since 1992 Books Websites: www.innovationleadershipforum.org www.BettinavonStamm.com www.thefutureofinnovation.org www.innovationwave.com
- 2. What I would like to share … © Dr Bettina von Stamm 9th March 2017 The 21st Century
- 3. 1. Change: The pace is accelerating © Dr Bettina von Stamm 9th March 2017 Adapted from: “Complex Adaptive Leadership”, Nick Obolenski, 2010 2. Change - The Consumer © Dr Bettina von Stamm 9th March 2017
- 4. What Matters to consumers ... Human factors insights Emotional competence Technical competence Distribution competence 1950 1970 1980 2000 Alex Venn, 2001 © Dr Bettina von Stamm 9th March 2017 Market driven by quantity & price Market driven by value & quality Market driven by individualism & fascination Luxury, lust & passion Market driven by senses ????? 3. Change - Increased connectivity © Dr Bettina von Stamm 9th March 2017
- 5. ... leads to: 1. Increased access to information © Dr Bettina von Stamm 9th March 2017 ... which in turn leads to: Increased transparency © Dr Bettina von Stamm 9th March 2017
- 6. ... and the potential for increased awareness © Dr Bettina von Stamm 9th March 2017 ... leads to: 2. Increased speed © Dr Bettina von Stamm 9th March 2017
- 7. ... which in turn leads to: Incomplete information © Dr Bettina von Stamm 9th March 2017 ... which in turn leads to: Increased confusion © Dr Bettina von Stamm 9th March 2017
- 8. 4. Change - Convergence © Dr Bettina von Stamm 9th March 2017 5. Change: (Innovation) Challenges © Dr Bettina von Stamm 9th March 2017 Scarcity of water Traffic Decreasing bio-diversity Renewable energy Obesity Deforestation Emerging economies Poverty Ageing population Financial crises Subsidies Floods Semi-arid land Terrorism Fast food
- 9. © Dr Bettina von Stamm 4 planets by 2020 ? ! Source: WWF - Living Planet Report 2012 Living Planet Report WWF 2012 9th March 2017 Natural Capitalism © Dr Bettina von Stamm 9th March 2017
- 10. Consequence … Overall: Increased Complexity © Dr Bettina von Stamm 9th March 2017
- 11. Complicated © Dr Bettina von Stamm 9th March 2017 Complex 21st Century’s Necessities
- 12. © Dr Bettina von Stamm Necessity 1: Concurrency 9th March 2017 © Dr Bettina von Stamm From relay to scrum 9th March 2017
- 13. Necessity 2: Collaboration © Dr Bettina von Stamm 9th March 2017 © Dr Bettina von Stamm Which often looks like this … 9th March 2017
- 14. Necessity 3: Innovation © Dr Bettina von Stamm 9th March 2017 High Expectations … © Dr Bettina von Stamm 9th March 2017
- 15. From My Journey Principle 1: Understanding Human Nature © Dr Bettina von Stamm 9th March 2017
- 16. © Dr Bettina von Stamm Principle 2: Understanding the Context 9th March 2017 Principle 3: A Holistic Approach © Dr Bettina von Stamm 9th March 2017 The BvS Innovation Framework
- 17. Innovation ? ! ... Innovation ??? • Innovation = creativity + successful commercialisation • Innovation is a frame of mind • Innovation is the path of embracing change to create value © Dr Bettina von Stamm 9th March 2017
- 18. Innovation across the spectrum © Dr Bettina von Stamm 9th March 2017 Increm ental Categories of Innovation (based on Bessant et al, in von Stamm, 2003, extended 2011 & 16) R adical Transform ational Product Process Service Business Social Societal ModelInnovation Innovation Innovation Innovation Innovation Cars instead of horses Hydrogen powered cars New car model BitCoin Internet banking A new kind of mortgage Pilkington’s floating glass Gas-filled thermo glass panes Differently coloured glass Internet On-line sales & distribution (computers) Business parks vs town centres Grameen Bank Barclay Bikes Car sharing POC21 Estonia’ e- citizenship Open Government Innovation © Dr Bettina von Stamm 9th March 2017 bettina@innovationleadershipforum.org BvonStamm Thank You & Stay in Touch ! www.BettinavonStamm.com www.InnovationLeadershipForum.org www.TheFutureOfInnovation.org www.InnovationWave.com uk.linkedin.com/in/bettinavonstamm/