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Five Ideas to
Innovate
Pakistan!
ISLAMABAD *26 AUGUST 2017*
out of your head and impacts society
Innovation
happens when
an idea comes
2017 YUSUF HUSSAINIslamabad
Innovations have transformed
the very rhythms of history
2017 YUSUF HUSSAIN
Driven by accelerating innovation, Global
GNP surged to over $50 trillion over the last
200 years, after being negligible for the rest
of history
2017 YUSUF HUSSAIN
Innovation
drives
prosperity,
but also
disrupts
Idea
One
2017 YUSUF HUSSAINIslamabad
1st Industrial Wave: The
Steam engine
shortened trade routes,
boosted prosperity
2017 YUSUF HUSSAINIslamabad
2nd Industrial Wave:
Electricity lit up the
night and powered
machines
3rd Industrial Wave: IT
increased productivity
across sectors
Now, young lawyers in USA finding it harder to
get jobs as Artificial Intelligence (AI) does legal
research better. Pakistani hospitals considering
AI diagnostics.
2017 YUSUF HUSSAINIslamabad
Indian textile
manufacturer,
Raymond, is
replacing 10,000
employees with
robots
2017 YUSUF HUSSAINIslamabad
COMPETITIVENESS
EMPLOYMENT
The next innovation wave is
the 4th Industrial Revolution,
comprising cyber-physical-
digital tech
Idea
Two
2017 YUSUF HUSSAINIslamabad
Become producers of tech, not just
consumers.
2017 YUSUF HUSSAINIslamabad
Workers earn Rs 150,000 a month on higher
value added tasks, rather than Rs. 15,000 as
domestic servants or day laborers.
Startups fail,
people don’t
Because each Startup
failure is an
opportunity to learn
and grow.
2017 YUSUF HUSSAINIslamabad
Over the last two decades, the organizational structure
that has innovated is the Startup. It combines a long
term scaling plan, tech development, market knowledge,
and agile execution with risk taking. It is distinct from a
small business, which supports life styles.
Tech companies have surged over the last
two decades to become the most valuable
in the world 2017 YUSUF HUSSAINIslamabad
Startups are
the building
blocks of the
emerging
economy
Idea
Three
2017 YUSUF HUSSAINIslamabad
“We cannot afford to just learn, we
must learn to learn”
2017 YUSUF HUSSAINIslamabad
The pace of change is so high that you have to make
sense of entirely new situations. Most of what you learn in
college will be obsolete by the time you graduate. Most of
the jobs of the next generation are not even invented yet!
- TONY MURPHY, GARTNER,
PAKISTAN IT INDUSTRY REPORT
Power skills, that empower
you, like Creativity,
Communications, Risk Taking,
Initiative underlay any
technical skills like Data
science, Cyber security and AI
support
2017 YUSUF HUSSAINIslamabad
The Future
of Work will
be very
different
Idea
Four
2017 YUSUF HUSSAINIslamabad
Innovation does not
happen in a vacuum.
It needs a mindset,
skills, organizations,
legal structures,
funding, demand
2017 YUSUF HUSSAINIslamabad
Government after
government has provided
incentives, contracts,
funding, IP, incubators,
skills development for
Startups
2017 YUSUF HUSSAINIslamabad
The Government
has a role in
developing the
innovation
ecosystem
Idea
Five
2017 YUSUF HUSSAINIslamabad
2017 YUSUF HUSSAIN
2017 YUSUF HUSSAINIslamabad

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5 Ideas to Innovate Pakistan!

  • 2. out of your head and impacts society Innovation happens when an idea comes 2017 YUSUF HUSSAINIslamabad
  • 3. Innovations have transformed the very rhythms of history 2017 YUSUF HUSSAIN
  • 4. Driven by accelerating innovation, Global GNP surged to over $50 trillion over the last 200 years, after being negligible for the rest of history 2017 YUSUF HUSSAIN
  • 6. 1st Industrial Wave: The Steam engine shortened trade routes, boosted prosperity 2017 YUSUF HUSSAINIslamabad 2nd Industrial Wave: Electricity lit up the night and powered machines 3rd Industrial Wave: IT increased productivity across sectors
  • 7. Now, young lawyers in USA finding it harder to get jobs as Artificial Intelligence (AI) does legal research better. Pakistani hospitals considering AI diagnostics. 2017 YUSUF HUSSAINIslamabad
  • 8. Indian textile manufacturer, Raymond, is replacing 10,000 employees with robots 2017 YUSUF HUSSAINIslamabad COMPETITIVENESS EMPLOYMENT
  • 9. The next innovation wave is the 4th Industrial Revolution, comprising cyber-physical- digital tech Idea Two 2017 YUSUF HUSSAINIslamabad
  • 10. Become producers of tech, not just consumers. 2017 YUSUF HUSSAINIslamabad Workers earn Rs 150,000 a month on higher value added tasks, rather than Rs. 15,000 as domestic servants or day laborers.
  • 11. Startups fail, people don’t Because each Startup failure is an opportunity to learn and grow. 2017 YUSUF HUSSAINIslamabad Over the last two decades, the organizational structure that has innovated is the Startup. It combines a long term scaling plan, tech development, market knowledge, and agile execution with risk taking. It is distinct from a small business, which supports life styles.
  • 12. Tech companies have surged over the last two decades to become the most valuable in the world 2017 YUSUF HUSSAINIslamabad
  • 13. Startups are the building blocks of the emerging economy Idea Three 2017 YUSUF HUSSAINIslamabad
  • 14. “We cannot afford to just learn, we must learn to learn” 2017 YUSUF HUSSAINIslamabad The pace of change is so high that you have to make sense of entirely new situations. Most of what you learn in college will be obsolete by the time you graduate. Most of the jobs of the next generation are not even invented yet! - TONY MURPHY, GARTNER, PAKISTAN IT INDUSTRY REPORT
  • 15. Power skills, that empower you, like Creativity, Communications, Risk Taking, Initiative underlay any technical skills like Data science, Cyber security and AI support 2017 YUSUF HUSSAINIslamabad
  • 16. The Future of Work will be very different Idea Four 2017 YUSUF HUSSAINIslamabad
  • 17. Innovation does not happen in a vacuum. It needs a mindset, skills, organizations, legal structures, funding, demand 2017 YUSUF HUSSAINIslamabad
  • 18. Government after government has provided incentives, contracts, funding, IP, incubators, skills development for Startups 2017 YUSUF HUSSAINIslamabad
  • 19. The Government has a role in developing the innovation ecosystem Idea Five 2017 YUSUF HUSSAINIslamabad
  • 20. 2017 YUSUF HUSSAIN 2017 YUSUF HUSSAINIslamabad