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Innovation is the new economy

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Innovation used to be a big event in the life of an organization that spent most

of its time operating and harvesting. Accelerating obsolescence of products

pushes us to a new model where innovation becomes Business As Usual.

Suddenly change is the status quo, and creative ability to invent new sources of

value becomes table stakes for staying in the marketplace.

Published in: Technology

Innovation is the new economy

  1. 1. Innovation is the new economy Do cool stuff. Do it faster. Do it better.
  2. 2. 4
  3. 3. INFINITE TOOLKIT
  4. 4. 5
  5. 5. 6
  6. 6. Ideas don’t stop growing Ray Kurzweil 7
  7. 7. 8 CHEAP INVENTION
  8. 8. 9 PASSIONATE MINDS
  9. 9. 10 OPBEANR RMIEARR FKREEET S MARKETS
  10. 10. Greatest Economic Disruption of All Time Richard Florida Big.Fast. Devastating
  11. 11. THE HEDGEHOG IS DEAD Disrupters enter the market better, cheaper and more customized
  12. 12. nicer easier predicable right price
  13. 13. The time for transformation is cut in half and still falling Larry Downes / Paul Nunes Serial Value Innovators
  14. 14. 16
  15. 15. Barely Breakeven Brilliance 17 Product Lifecycle Money Invest Harvest Product Lifecycle Money Faster Cheaper
  16. 16. Repeatedly create original value that matters
  17. 17. Repeatedly create original value that matters
  18. 18. Repeatedly create original value that matters
  19. 19. dream BIGGER dreams
  20. 20. Big Data Ubiquitous Touch Cloud Unlimited Insight Engage Anywhere Infinite Toolkit
  21. 21. BIG DATA
  22. 22. 26 Phone – Reservations tonight When? – after sunset Weather – rain Restaurant – lighting report Closet – knows the dress Time arrived home – in a rush Right makeup choice Mirror recognition / guidance Dark table! / Sweat! UPDATE!
  23. 23. dream MORE dreams and test them
  24. 24. 28 Adults follow paths… children explore Neil Gaiman | The Ocean at the End of the Lane
  25. 25. 29 Portfolio of Ideas FOLD PIVOT DOUBLE DOWN Selected Experiments X
  26. 26. dream complex dreams
  27. 27. STRATEGY BUSINESS DESIGN TECHNOLOGY
  28. 28. Dream With Friends
  29. 29. 33
  30. 30. DO COOL STUFF DO IT FASTER DO IT BETTER
  31. 31. 35 Dan McClure dmcclure@thoughtworks.com 3 READS FOR CREATIVE DISRUPTION

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