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Digital Disruption talk to WA Leaders - 19 Oct 2017

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An interactive talk to WA Leaders - how can business leaders manage disruption wrought by digital technologies, and how can they best take advantage of this disruption?

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Digital Disruption talk to WA Leaders - 19 Oct 2017

  1. 1. Charlie Gunningham Commercialisation Adviser (Accelerating Commercialisation) charles.gunningham@industry.gov.au 0411 092 669
  2. 2. Slides at > slideshare.com/charliegunningham are you prepared? how can you take advantage?
  3. 3. © Copyright International Leaders Pty Ltd Is your industry being disrupted, right now? Vote Now 1. Yes 2. No 3. Unsure 4. Not Applicable 5. Don't Care 4
  4. 4. MY DEAR OLD DAD Beware the creeping changes
  5. 5. CREEPING, DISRUPTIVE CHANGE 1. Change happens slowly 2. Ignoring it doesn’t help 3. Most vulnerable when feeling strong
  6. 6. aussiehome.com 2 guys, with no WA, real estate, business or tech experience…
  7. 7. MBA Graduation, March 1999
  8. 8. 8
  9. 9. 9
  10. 10. Business News July 2010
  11. 11. TABLE QUESTION!!! HOW is your industry being disrupted? Name 2 or 3 ways …
  12. 12. LET ME COUNT THE WAYS Augmented Reality (AR). Virtual Reality (VR). Machine Learning. Bots. Blockchain. Sharing Economy. Artificial Intelligence (AI). Autonomous Vehicles. Amazon…
  13. 13. LET ME COUNT THE WAYS Augmented Reality (AR). Virtual Reality (VR). Machine Learning. Bots. Blockchain. Sharing Economy. Artificial Intelligence (AI). Autonomous Vehicles. Amazon…
  14. 14. © Copyright International Leaders Pty Ltd Which of these emerging technologies could disrupt your industry? Vote Now 1. AR 2. VR 3. AI 4. Bots 5. Blockchain 6. Autonomous Cars 7. Amazon 8. Other 15
  15. 15. BUSINESS NEWS DISRUPT THYSELF!
  16. 16. Ouch! TRADITIONAL BUSINESS MODEL DISAPPEARS
  17. 17. RESULTS? 1. Traffic up x5 2. Subscribers renewed @ RECORD levels 3. Subscription Income became LARGEST 170,000 30,000 2013 2017 Unique Monthly Visitors
  18. 18. TABLE QUESTION!!! HOW could you disrupt yourself? (before someone else
  19. 19. DISRUPTION? ACCENTUATE THE POSITIVES! • Change has always been the only constant • Disruption  Opportunities • Every new tech job creates 5 other
  20. 20. MY THOUGHTS • We’ve only just begun… • Blockchain, Amazon, Bots, AI, aut’ms cars • But there will be HUGE opportunities
  21. 21. TABLE QUESTION!!! List 2 or 3 things you are going to do different tomorrow…
  22. 22. Grants awarded (1/11/14 – 1/7/17) Grants awarded Australia: Innovation Commercialisation • Accelerating Commercialisation” • $484m federal program • 242 grants totally $122.1m (Nov 2014 – July 2017)
  23. 23. Grant funding • Competitive matched grant funding (1:1) up to $1 million • Moving from prototype to commercial sales • Can be a brand new startup or a new pre-revenue project • Typically, 5-month process
  24. 24. Eligible projects Early investigation and basic research Early Commercialisation and later stage Technical Work Full-scale production and certain marketing activities X  X Eligible Projects
  25. 25. Accelerating Commercialisation https://www.business.gov.au/assistance/accelerating-commercialisation Contact Centre: 13 28 46 Sheryl.Frame@ep.industry.gov.au 0402 213 409 Charles.Gunningham@industry.gov.au 0411 092 669 Contact Us

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