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Harnessing
the Power
of Innovation
▪ Futurist
▪ Strategy advisor
▪ Author
@rossdawson
Not so long ago
Taking diverging paths
-90%
-70%
-50%
-30%
-10%
10%
30%
1965 1969 1973 1977 1981 1985 1989 1993 1997 2001 2005 2008
US economy: Return on Assets
Top Quartile Bottom Quartile
Source: The 2009 Shift Index, Deloitte Center for the Edge
Not keeping pace
“The world is changing very fast. Big
will not beat small anymore. It will be
the fast beating the slow.”
– Rupert Murdoch
Driving Forces
Structure
Leadership
Innovation
Networks
Organisations
Crowds
Strategy
Driving Forces
Wherever you go
0% 10% 20% 30% 40% 50% 60% 70% 80%
India
Russia
Philippines
Brazil
China
Germany
France
UK
USA
Australia
Japan
Source: Kleiner Perkins Caulfield Byers, as of Q2 2013
Global smartphone penetration
Smartphone penetration
Smartphone growth
Timeliness
We
expect
more
Expectations of excellence
Global competition
Commoditisation
Flickr credit: Salim Virji
Innovation
Domains for innovation
Product or Service
Marketing
Process
Organisation
Business model
Customised products
Let your customers do your marketing
Market reinvention
Self-organisation
Merging digital and physical
Networks
Who does this man know?
The most connected actors
Innovation by recombination
“I put together elements that were
already there, but that’s what
inventors always do. You can’t make
up new elements, usually. The new
element, if any, was the combination,
the way they were used.”
Kary Mullis, Nobel Prize Winner, Chemistry, 1993
Extending organisations’ capabilities
Bounded Unbounded
Structure
Flickr credit: Visual Artist Frank Bonilla
Transaction costs slide
The global modular economy
Flickr credit: Ssppeeeeddyy
Matching demand and availability
Organisations
How organisations really work
Networks for innovation
Ad-hoc
networks
Standardised
processes
The two layers of organisations…
Better networked companies
Source: Deloitte Australia Social Media Report 2012
Building unique companies
Crowds
Open innovation
“No matter who you are,
most of the smartest people
work for someone else.”
Bill Joy, Co-Founder, Sun Microsystems
Flickr credit: Andrew Morrell Photography
Procter & Gamble asks for help
Value creation by the crowd
Seeking the best ideas
Strategy
Flickr credit: chrisgj6
Innovation structures
Vision
Establish
Structures
Allocate
Resources
Develop
Capabilities
Communicate
Manage
Risk
Innovation priorities and portfolios
Source: The Alchemy of Growth, Bagdai, Coley & White; International Futures Forum; Xerox PARC
The lean startup loop
Source: The Lean Startup, Eric Ries
Innovation allows failure
Everyone can innovate
Leadership
The only way
you can control your destiny
is to be more flexible
than your environment
- The Law of Requisite Variety
Experiment and learn
Governance for transformation
Benefits Risks/ Concerns Risks of NOT
taking action
Productivity and
efficiency
Productivity loss Reduced
competitiveness
Staff satisfaction and
engagement
Loss of control Harder to attract
talented staff
Access to information
and processes
Information reliability Fragmentation of
information
Flexibility in work Systems security Unauthorized use of
technology
Driving Forces
Crowds
Innovation
Networks
Structure
Organisations
Strategy
Leadership
Energy in networks
Keynote slides: Harnessing the Power of Innovation

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