Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The 10,000 people startup

192 views

Published on

How to gear up multinationals to reach higher levels of innovation, compartment risks, increase reactivity and manage Chinese market complexicity.

Published in: Business
  • Be the first to comment

  • Be the first to like this

The 10,000 people startup

  1. 1. THE 10,000 PEOPLE STARTUP How to gear up multinationals to reach higher levels of innovation, compartment risks, increase reactivity and manage Chinese market complexicity. www.icopilots.com
  2. 2. We work with those who change the market. Whether modestly or in a very radical way, they disturb, make waves and do what others tried without success. They walk off-the- beaten-track, and if they succeed, they alter the status quo. Innovation is not measured by the number of patents, but by the impact of its change. We believe that a restaurant chain can be more innovative than a pharmaceutical lab. And although we do love technology and recognize its transformative power, we do not see it as the get-go answer, simply a tool amongst many. LUXURY FINTECH INNOVATION COPILOTS Philippe MÉDA www.icopilots.com
  3. 3. Philippe MÉDA www.icopilots.com
  4. 4. www.icopilots.com Philippe MÉDA
  5. 5. www.icopilots.com Philippe MÉDA
  6. 6. I’m an innovator, i.e. I help companies future-proof their business model. This is how I think. www.icopilots.com Philippe MÉDA
  7. 7. www.icopilots.com 1. Innovation is not the default mode of a company. It’s about fighting against the current successes that are making the core revenues. (Who wants to do that?) 1. INNOVATION IS NOT THE DEFAULT MODE
  8. 8. www.icopilots.com Incumbents are required to sustain their revenues on a large customer base that will eventuall disappear. While new entrants can explore the next market phase and take risks(they don’t have revenues). The Innovator’s Dilemma 1997, Clayton Christensen 1. INNOVATION IS NOT THE DEFAULT MODE
  9. 9. www.icopilots.com WE’VE LEARNED AND STRUGGLED FOR A FEW YEARS HERE FIGURING OUT HOW TO MAKE A DECENT PHONE. PC GUYS ARE NOT GOING TO JUST FIGURE THIS OUT. THEY’RE NOT GOING TO JUST WALK IN. ED COLLIGAN (PALM) - 2006 1. INNOVATION IS NOT THE DEFAULT MODE
  10. 10. WHEN IT COMES TO ACTUALLY MAKING CARS THERE IS NO REASON TO ASSUME THAT APPLE, WITH NO EXPERIENCE, WILL SUDDENLY DO A BETTER JOB THAN GENERAL MOTORS, FORD, VOLKSWAGEN, TOYOTA, OR HYUNDAI. SO I THINK THIS IS GOING TO BE A GIGANTIC MONEY PIT (…) BY THE WAY THE ELECTRIC CAR MARKET IS STILL MINISCULE. THAT JUST DOESN’T MAKE SENSE. Bob LUTZ (GM, BMW, Ford, Chrysler) - 2015 www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  11. 11. www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  12. 12. INVENTION MEANS THE CONCEPTION OF A NOVELTY. INSTEAD INNOVATION IS DEFINED BY THE INTRODUCTION OF THE INVENTION IN THE SOCIAL ENVIRONMENT. Joseph SCHUMPETER, 1932 www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  13. 13. Why bother skating were everyone is skating? 2016 ...2017 ...2018 www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  14. 14. 2013 www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  15. 15. 2016 www.icopilots.com www.icopilots.com 1. INNOVATION IS NOT THE DEFAULT MODE
  16. 16. www.icopilots.com 2015 1. INNOVATION IS NOT THE DEFAULT MODE
  17. 17. www.icopilots.com 2. BLIND SPOTS IN CHINA 2. China is still growing too fast to see past its blind spots. There are still billions to be made in the next 5 years without changing any paradigm. (Why should Chinese companies care?)
  18. 18. www.icopilots.com 2. BLIND SPOTS IN CHINA The new Asian bike share operator’s entry into the Paris market is well timed, as longtime Velib operator JCDecaux is replaced by the Smoovengo consortium, which won a 600-700 million euro ($700-$825 million) contract to run the Paris city bike-sharing system from 2018 to 2032. Reuters - Dec 7, 2017
  19. 19. www.icopilots.comwww.icopilots.com 2. BLIND SPOTS IN CHINA
  20. 20. www.icopilots.com Only 50% of iPhone users who bought another phone in 2016 stayed with Apple. 2. BLIND SPOTS IN CHINA
  21. 21. www.icopilots.com 2. BLIND SPOTS IN CHINA
  22. 22. www.icopilots.com 38,775 2. BLIND SPOTS IN CHINA
  23. 23. www.icopilots.comwww.icopilots.com Apple Inc. is investing $1 billion in Didi, giving the Chinese ride- hailing startup a powerful ally and dealing a blow to Uber Technologies Inc. as it tries to build its business in the country. Bloomberg - May 13, 2016 2. BLIND SPOTS IN CHINA
  24. 24. www.icopilots.com Where’s the real money in less than 5 years? 2. BLIND SPOTS IN CHINA
  25. 25. www.icopilots.com 2. BLIND SPOTS IN CHINA
  26. 26. www.icopilots.com Who will own the best AI deep learning libraries? 2. BLIND SPOTS IN CHINA
  27. 27. www.icopilots.com 2. BLIND SPOTS IN CHINA
  28. 28. www.icopilots.com 2. BLIND SPOTS IN CHINA
  29. 29. www.icopilots.com Where’s the real money in less than 5 years? 2. BLIND SPOTS IN CHINA
  30. 30. www.icopilots.com Where’s the real money in less than 5 years? 2. BLIND SPOTS IN CHINA
  31. 31. www.icopilots.com 2. BLIND SPOTS IN CHINA
  32. 32. www.icopilots.com 2. BLIND SPOTS IN CHINA
  33. 33. www.icopilots.com 2. BLIND SPOTS IN CHINA
  34. 34. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP 3. You can’t have a 10,000 people startup... Innovation is not the default mode and in a multinational R&D is not concerned with the future market. (Or actually, can you?)
  35. 35. www.icopilots.com During the last 20 years, VCs have learnt how to beat the casino. 3. THE 10,000 PEOPLE STARTUP
  36. 36. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP SIZEdoes matter a lot.
  37. 37. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP
  38. 38. www.icopilots.com Innovation is NOT about predicting the future and ‘getting it right.’ 3. THE 10,000 PEOPLE STARTUP
  39. 39. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP PROBLEM ADDED VALUE PRODUCT One of our MBA’s key learning ; )
  40. 40. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP PROBLEM ADDED VALUE PRODUCT One of our MBA’s key learning ; )
  41. 41. PROCESS-DRIVEN YOUR BLIND SPOTS www.icopilots.com 3. THE 10,000 PEOPLE STARTUP YOUR STRENGHTS
  42. 42. PROCESS-DRIVEN Future needs Weak signals New customers paradigms Tacit needs Tier I, II, III cities US / EMEA / CN www.icopilots.com 3. THE 10,000 PEOPLE STARTUP New Tech Economy of scale Quality
  43. 43. www.icopilots.com 3. THE 10,000 PEOPLE STARTUP 120PROJECTS This is how to beat the casino: Future needs Weak signals New customers paradigms Tacit needs Tier I, II, III cities US / EMEA / CN
  44. 44. OPTIONALITY Building a portfolio of “low cost” investments and projects that all have a high potential outcome is a game where multinationals can outplay VCs (or startups). www.icopilots.com 3. THE 10,000 PEOPLE STARTUP
  45. 45. www.icopilots.com 38,775 120 PROJECTS 3. THE 10,000 PEOPLE STARTUP Is that crazy?
  46. 46. www.icopilots.com Philippe MÉDA Thank you : ) philippe@icopilots.com

×