More Related Content Similar to 2017.03.09 innovation and why it matters more in the 21st century than ever before (20) More from NUI Galway (20) 2017.03.09 innovation and why it matters more in the 21st century than ever before1. 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
12. © Dr Bettina von Stamm
Necessity 1: Concurrency
9th
March 2017
© Dr Bettina von Stamm
From relay to scrum
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/