Highlights
from Front End Innovation @Munich, Feb. 2014
Theory & practice
The top 20% of innovators grew
1.5x the rate of the average
global company over the last 3
years...

...and expect to grow...
blinders & orthodoxies
harness trends
leverage resources
but the holy grail is understanding
customers needs
(in Four Lens...
!

Open Innovation Ecosystems are feasible, desirable and profitable.
Frugal Innovation (aka Jugaad
Innovation)
R&D spending no correlation
are you considering frugal?
Dacia became Renault’s Cashcow
MIT engineer training
62% population
never underestimate the unleashing powers
of constraints
organizational drift
ikeafication
horizontal Vs vertical growth

!

"without deviation from the
norm, progress is not
possible"
experimentation
failure recycling
patience and
perseverance
economics of attention
"information overload generates the best and
the worst of times” (quoting Charles Dickens)
2.5M$
5%
not every smart guy is on your
company
innovation attacks the immune system
what if Picasso followed Classic Art
Processes?
So, how should you innovate to grow?

In our Global Innovation Survey, we found that leading innovators are




	 •	 Manag...
Trends
UX & Design Thinking
Emergent Markets
Top Insights
sunsetting industries

paper book publishing

cars driven by humans

wired communications 1.0

administration with printed...
Ux & Design Thinking & ODI/JTBD
Open Innovation (ecosystems)
Gen Y
Full focused team on innovation development (CIO)
austerity and innovation
Import-export ideas to seed innovation
enabling software crowdsourcing
startups | Universities | ...
•

we need success stories
serendipity
Chief Knowledge Officer
		 Designing and installing techniques and processes to create, protect, and use
known knowledge.

...
It's good to remember not only the role of adversity in solving problems
but also to remember that we can get the solution...
Alexandre Mendes

call me: + 351 93 617 10 33

email me: carlosmendes.email@gmail.com

@senhoralfaiate /carlosalexandremen...
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
highlights from FEI @meetup março 2014
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highlights from FEI @meetup março 2014

  1. 1. Highlights from Front End Innovation @Munich, Feb. 2014
  2. 2. Theory & practice
  3. 3. The top 20% of innovators grew 1.5x the rate of the average global company over the last 3 years... ...and expect to grow at twice the rate over the next 5 years.
  4. 4. blinders & orthodoxies harness trends leverage resources but the holy grail is understanding customers needs (in Four Lenses of Innovation)
  5. 5. ! Open Innovation Ecosystems are feasible, desirable and profitable.
  6. 6. Frugal Innovation (aka Jugaad Innovation) R&D spending no correlation
  7. 7. are you considering frugal? Dacia became Renault’s Cashcow MIT engineer training 62% population
  8. 8. never underestimate the unleashing powers of constraints
  9. 9. organizational drift
  10. 10. ikeafication
  11. 11. horizontal Vs vertical growth ! "without deviation from the norm, progress is not possible"
  12. 12. experimentation failure recycling patience and perseverance
  13. 13. economics of attention "information overload generates the best and the worst of times” (quoting Charles Dickens)
  14. 14. 2.5M$
  15. 15. 5%
  16. 16. not every smart guy is on your company
  17. 17. innovation attacks the immune system
  18. 18. what if Picasso followed Classic Art Processes?
  19. 19. So, how should you innovate to grow? In our Global Innovation Survey, we found that leading innovators are • Managing innovation formally, like any other business process
  20. 20. Trends
  21. 21. UX & Design Thinking
  22. 22. Emergent Markets
  23. 23. Top Insights
  24. 24. sunsetting industries paper book publishing cars driven by humans wired communications 1.0 administration with printed paper banks with physical branches own IT centres good old school and university
  25. 25. Ux & Design Thinking & ODI/JTBD Open Innovation (ecosystems) Gen Y Full focused team on innovation development (CIO)
  26. 26. austerity and innovation Import-export ideas to seed innovation enabling software crowdsourcing startups | Universities | R&D Institutes (Patents) corporate venturing
  27. 27. • we need success stories
  28. 28. serendipity
  29. 29. Chief Knowledge Officer Designing and installing techniques and processes to create, protect, and use known knowledge. Designing and creating environments and activities to discover and release knowledge that is not known. Articulating the purpose and nature of managing knowledge as a resource and embodying it in other initiatives and programs.
  30. 30. It's good to remember not only the role of adversity in solving problems but also to remember that we can get the solution so often with scarce resources.
  31. 31. Alexandre Mendes
 call me: + 351 93 617 10 33
 email me: carlosmendes.email@gmail.com @senhoralfaiate /carlosalexandremendes /alexandresampaiomendes
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