Slides from a presentation I gave at ASAE's Great Ideas conference. I discuss what innovation is, how it should be incorporated into operations, and what role technology and risk play in the innovation process.
1. What is Creative Destruction?
a. Creative Destruction and Marxism
b. Creative Destruction and Schumpeter
c. Creative Destruction and Laissez-Faire Economics
2. Cases of Creative Destruction
3. Problems of Creative Destruction
4. Creative Destruction vs Economic Destruction
1. What is Creative Destruction?
a. Creative Destruction and Marxism
b. Creative Destruction and Schumpeter
c. Creative Destruction and Laissez-Faire Economics
2. Cases of Creative Destruction
3. Problems of Creative Destruction
4. Creative Destruction vs Economic Destruction
Big Bang Disruptions throw many enterprises out of business. Enterprises need to have a strategy to face these disruptive innovations. In this presentation we will go over some such disruptive innovations happened in the past to understand what it is and how some companies have faced these disruptions successfully. We sill also have a look at some of the potential disruptive technologies that are in the making.
This presentation was first delivered at the Monthly Meeting of ISACA, Chennai Chapter.
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
R&D Research & Development Strategy & ManagementChief Innovation
Am one of the few people I know who has an R&D Strategy background, but you almost never can sell projects in that area unless you have a domain PhD. Most of this is from 3rd Generation R&D, written by former colleagues from Arthur D. Little, Phil Roussel, Tammy Erickson and Kamal Saad. Phil is no longer with us, great guy and good friend (always tell people, I taught him how to use a fax machine, 'Jay, how do I work this thing.' - 'Phil, put the page in there, and push that big green button.' - 'Oh, that was easy.' Safe to say, 23 years later I still have never written a cool book, but did know something he did not! This had 3 slides at the end of it that I cannot remember where they came from, think in the book but not in order.
Today entrepreneurship has become one of key drives for the development of all the countries in the world and it is very crucial for any economy. The objectives of achieving sustained economic and industrial development, regional growth and employment generation, life support conservation and implementing technological advancements have always depended on entrepreneurial development.
An agile approach to organizational development. The Acelera The Sprint is an iterative innovation process focused on the creation of value and the priorities of the organization, which compresses years of learning in just a few months, accelerating the transformation via integrated agile teams, massive collaboration as a value creation model and putting the emphasis on the development of transformative leadership and the adoption of agile methodologies and new digital ways of doing.
How to determine a startup’s cash needsBlake Rogers
9 steps to determine your startup's cash needs:
operating plan, market model, staffing plan, salary assumptions, manufacturing costs, R&D expenses, SG&A expenses, income statement, cash flow statement
Link everything together in an excel model and determine your cash needs!
Starting a new business is not the same as running an operating business. Over the last decade, several management practices have emerged that recognize the particular challenges new ventures face. Steve Blank’s Customer Development Model and the related “Lean” movement are increasingly popular. This session introduces and defines the key concepts of these entrepreneurial management practices and explores how startups can use them at any step of their development.
Big Bang Disruptions throw many enterprises out of business. Enterprises need to have a strategy to face these disruptive innovations. In this presentation we will go over some such disruptive innovations happened in the past to understand what it is and how some companies have faced these disruptions successfully. We sill also have a look at some of the potential disruptive technologies that are in the making.
This presentation was first delivered at the Monthly Meeting of ISACA, Chennai Chapter.
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
R&D Research & Development Strategy & ManagementChief Innovation
Am one of the few people I know who has an R&D Strategy background, but you almost never can sell projects in that area unless you have a domain PhD. Most of this is from 3rd Generation R&D, written by former colleagues from Arthur D. Little, Phil Roussel, Tammy Erickson and Kamal Saad. Phil is no longer with us, great guy and good friend (always tell people, I taught him how to use a fax machine, 'Jay, how do I work this thing.' - 'Phil, put the page in there, and push that big green button.' - 'Oh, that was easy.' Safe to say, 23 years later I still have never written a cool book, but did know something he did not! This had 3 slides at the end of it that I cannot remember where they came from, think in the book but not in order.
Today entrepreneurship has become one of key drives for the development of all the countries in the world and it is very crucial for any economy. The objectives of achieving sustained economic and industrial development, regional growth and employment generation, life support conservation and implementing technological advancements have always depended on entrepreneurial development.
An agile approach to organizational development. The Acelera The Sprint is an iterative innovation process focused on the creation of value and the priorities of the organization, which compresses years of learning in just a few months, accelerating the transformation via integrated agile teams, massive collaboration as a value creation model and putting the emphasis on the development of transformative leadership and the adoption of agile methodologies and new digital ways of doing.
How to determine a startup’s cash needsBlake Rogers
9 steps to determine your startup's cash needs:
operating plan, market model, staffing plan, salary assumptions, manufacturing costs, R&D expenses, SG&A expenses, income statement, cash flow statement
Link everything together in an excel model and determine your cash needs!
Starting a new business is not the same as running an operating business. Over the last decade, several management practices have emerged that recognize the particular challenges new ventures face. Steve Blank’s Customer Development Model and the related “Lean” movement are increasingly popular. This session introduces and defines the key concepts of these entrepreneurial management practices and explores how startups can use them at any step of their development.
Risk, Control & Compliance with INFOR ApprovaDan French
Second event of the 2014 GRC series, this webcast looked at one of the leading GRC platforms, INFOR Approva Continuous Monitoring, and invited Steve Buchner of Sonova to share his experiences and insights.
Ever greater demand for better visibility and better control over financial business processes and results require management to apply more sophisticated techniques for control and assurance. As such, data analytics and controls intelligence for the Finance, Risk and IS functions have become critical capabilities to ensure that financially relevant processes are operating as designed and in compliance with organisational governance and audit requirements.
Watch the recording below and meet Steve Buchner of Sonova, the world leader in hearing solutions. With 18 years of experience in ERP, IT management and strategy, Steve shares his GRC journey experiences, challenges and insights. He is joined by Steve Rooney, an experienced Risk and Controls expert and recognised INFOR Approva practice leader, who explores best practices in exploiting the Approva family of tools for effective management of Segregation of Duties (SoD), User Access Controls, Process Controls, Transaction Monitoring and Automated Control Reviews for the finance and assurance functions.
Moderated by Dan French, CEO of Consider Solution, this panel of experts addresses:
- Visibility over Financial Processes & Controls
- The 3 Lenses of Insight – Control & Compliance, Fraud and Operational Risk Management, Finance Process Optimisation
- High Impact Results with INFOR Approva
- Critical Success Factors – best practices
- The Sonova experience
- Entry Points for Deeper Insight
- Q&A
Information Technology Risk ManagementGlen Alleman
The concept of managing the development or deployment of an Information Technology (IT) system using deterministic, linear, and causal analysis contains several pitfalls. As IT systems grow in complexity, the interaction between their components becomes non–linear and indeterminate, creating many opportunities for failure.
Disruptive Behavior is the new black, so to speak. At this day and age when technology and globalization continue to change the way we see and experience things, when customers behaviors evolve rapidly and business environments go through a dynamic change- disruptive behavior is the new normal.
Presentation from Infopresse Creativity and Web Strategy Conference in Montreal.
See it live here (Click more for the full link):
http://heehawmarketing.typepad.com/hee_haw_marketing/2011/12/working-with-uncertainty.html
CIO Focus Summit - Opening Keynote from Trafford Associates event at Whittleb...David Terrar
My opening keynote at Trafford Associates CIO Focus Summit which sets the scene for the day by giving my perspective on the new landscape of emerging technologies and business capabilities. We live in a time of exponential change and disruption. Everyone's talking digital transformation, but is what we are dealing with really digital and totally transformative? I explain it as the digital enterprise wave, then I discuss the management shift and mindset required to support it. We discuss where digital transformation is going next in 2019, and I then suggest some key ingredients to consider and specific recommendations to help you make sense of it.
One of the great irony of successful companies is how easily they can fail. New companies are founded to take advantage of some new technology. They become highly successful and but when the technology shifts, something new comes along, they are unable to adapt and fail. This is the innovator’s dilemma.
Then there are companies that manage to survive. For example, Kodak survived two platform shift, only til fail the third. IBM has survived over 100 years. What do successful companies do differently?
Digital Strategy Innovation Summit, London, Oct 2015Wilson Fletcher
Mark is the co-founder of Wilson Fletcher, one of the world’s first digital service design studios. He has worked on pioneering digital design and innovation programmes for major organisations across the world over a 25-year career. Presenting at IE's Digital strategy innovation summit, Mark dispels many of the myths of digital disruption and shares insight on how to build a successful service strategy in the digital age. These range from why startups are terrible role models, why disruption should never be a strategic goal and why you should never let customers design your products.
Are You Ready to Disrupt It?’ is a unique knowledge safari into the wilderness of a new type of innovation which has emerged in the business world as well as in the research arena: Disruptive Innovation.
The book is the culmination of a project by The EU Disrupt-IT project consortium, reflecting the collaboration of experts from 6 countries. The consortium was formed in 2002 to develop a methodology and supporting software for enabling and catalysing the creation of new products, services and business models which have the potential to disrupt their markets.
The book conceptually clarifies some of the phenomena related to the realities of disruptive innovation, like:
“Low-end” market vs. New market disruptive innovation
Technological vs. Business Model disruptive innovation
The challenge of “Crossing the Chasm”
The book offers a comprehensive toolkit to foster disruptive innovation: this includes a “Knowledge Safari”, “Idea Pipeline software”, a “Disruptive Portfolio Management Tool”, an “Opportunity Recognition Workshop”, the “DI Compass” and an “Innovation Ecology Portal”.
Detailed descriptions of real case studies complemented by a utopian urban story enrich the concepts and make the complex and intangible ideas come alive.
The lively graphics and illustrations that enrich the insights in the text reflect the consortium’s philosophy that visualisation is an effective method of conveying, and absorbing, new ideas.
The Disrupt-IT project was co-funded by the European Commission Information Society Technology (IST) programme, which is a fertile ground for leading edge Knowledge Management research.
Mike Walsh is the CEO of the consumer innovation research agency Tomorrow and a leading authority and keynote speaker on the digital future. Constantly traveling the world for the best ideas – Mike distills the most relevant insights into tailored keynotes that allow any audience to not only understand, but also start to influence the future direction of their industry. Mike's new book is Futuretainment published by Phaidon.
Future Agenda Initial Perspectives Full TextFuture Agenda
The full text of all 16 initial expert perspectives used to kick off the future agenda programme. Covering the future of authenticity, choice, cities, currency, data, energy, food, health, identity, migration, money, transport, waster, water and work, these provide a great perspective which we invite you to build on via the futureagenda.org website
1. Innovation and change efforts are very high on senior executive's agenda yet most companies fail in their efforts
2. Building a capability to constantly adapt to changing circumstances through innovation leads to continuous transformation
3. The social web with its ability to engage people, facilitate idea creation and aid collaboration is a key catalyst
Office of Naval Research Innovation Newsletter | June 2010johnohab
The Spring 2010 edition of the Office of Naval Research's Innovation Newsletter explores the increasingly important paradigm of "open innovation," which is based on the idea that organizations can and should innovate by drawing from external sources of knowledge.
In the newsletter below, you'll find an article capturing the entrepreneurial spirit that drives Open Innovation forward co-authored by three professors from the Naval Postgraduate School of Business; an article focused on core social technologies and their role in crowd sourcing, intra-government collaboration, and citizen science; an article on massive multiplayer games and insight generation; and an article on Open Innovation and lessons learned within a specific Naval science and technology community of interest.
The Innovation Newsletter is published quarterly and covers a variety of exciting topics. It include articles from scientists, engineers, warfighters, professors, program officers, and others, all sharing their insights and research on a particular field of interest.
The Future of AMS Systems: A Provocative DiscussionDavid Gammel
Discussion topics for a panel discussing the future of association management systems and how they relate to customer relationship systems. #tech14 #asaecenter
Creating Your Own Web Site Idea GeneratorDavid Gammel
Anyone can innovate new value on their organization's web site, no matter your role.
Slides from a presentation I gave at ASAE's Great Ideas Conference in Miami Florida on February 22, 2009.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
2. “Orville Wright did not have
a pilot’s license.”
Gordon MacKenzie, Orbiting the Giant Hairball.
3. “The future is already here.
It’s just not very evenly
distributed.”
William Gibson, author. NPR Talk of the Nation, 30
November 1999.
4. What is Innovation
Changing the yield of resources. (Supply)
Changing the value and satisfaction obtained from
resources by the consumer. (Demand)
Peter F. Drucker, Innovation and Entrepreneurship.
5. Why Innovation Matters
“It is not the strongest of the species that survives,
nor the most intelligent,
but the one most responsive to change.”
Charles Darwin
6. Why Tech Matters
Will Do Could Have
Strong Tech
Should Have Won’t Do
Weak Tech
Strong Strategy Weak Strategy
8. Drucker’s Seven Sources of
Innovation
Intrinsic
The unexpected.
The incongruity.
Process need.
Changes in industry or market structure.
Extrinsic
Demographics.
Changes in perception, mood, and meaning.
New knowledge.
9. Risk/Reward Ratio
-5 -4 -3 -2 -1 0 +1 +2 +3 +4 +5
+5 = Paradigm-breaking improvement.
+4 = Dramatic improvement.
+3 = Strong benefits.
+2 = Minor benefits.
+1 = Very minor improvement.
-1 = Very minor setback.
-2 = Minor setback, controllable.
-3 = Public setback, requires damage control.
-4 = Major defeat, financial damages, recovery time needed.
-5 = Devastating losses.
Source: Alan Weiss.
10. Supply Demand
Unexpected
Incongruity
Process Need
Industry/Market
Change
Demographics
Perception, mood or
meaning
New knowledge
11. Technologies for Innovation
Supply Demand
Software as a Social Media/
Service Networking
Virtualization Short-form eBooks
On-demand Printing Mobile Content/
Services
E-commerce
Ubiquitous Internet
Participatory
Access
Publishing
12. Associations in All But Name
Strobist Blog www.strobist.com
Blogher Conference www.blogher.com
Adrian Bye’s MeetInnovators www.meetinnovators.com