Large corporations are integrating entrepreneurial behaviours with their existing capabilities. They aren't always Too Big to Innovate. Intrapreneurship and corporate catalyst.
This guide features tech and entrepreneur communities, incubators, accelerators, and startup service providers. It is a must have guide for every single entrepreneur and corporate innovator in Beijing!
Accelerate Now! Current trends and strategies for the futureNUMA
You liked our White Paper "Accelerate Now" ? Read this news and share it !
NUMA goes for equity crowdfunding ! Paris-based innovation space provider NUMA is going international. To provide capital for this development phase, it has decided to call on the community at large, with an equity crowdfunding campaign.
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Accelerate Now !
Proudly supported by L'Atelier BNP
Early December last year, NUMA, a leading tech and innovation hub in central Paris and home to France’s first accelerator program, held its first ever European Accelerator Summit.
The Summit brought 200+ leaders from accelerators from across Europe and beyond to discuss and debate the current state and future of acceleration. Using collaborative workshops and interactive talks, the purpose of the 2-day conference was really to identify the top trends and challenges facing the accelerator sector and viable models and ideas to reinforce the future of acceleration.
Leveraging the ideas and content generated from the Summit, we’ve developed this whitepaper which focuses on what the group identified as the top trends in acceleration as well as the challenges, opportunities, and models for each.
This guide features tech and entrepreneur communities, incubators, accelerators, and startup service providers. It is a must have guide for every single entrepreneur and corporate innovator in Beijing!
Accelerate Now! Current trends and strategies for the futureNUMA
You liked our White Paper "Accelerate Now" ? Read this news and share it !
NUMA goes for equity crowdfunding ! Paris-based innovation space provider NUMA is going international. To provide capital for this development phase, it has decided to call on the community at large, with an equity crowdfunding campaign.
--------------------------------------------------------------------------------------------------------
Accelerate Now !
Proudly supported by L'Atelier BNP
Early December last year, NUMA, a leading tech and innovation hub in central Paris and home to France’s first accelerator program, held its first ever European Accelerator Summit.
The Summit brought 200+ leaders from accelerators from across Europe and beyond to discuss and debate the current state and future of acceleration. Using collaborative workshops and interactive talks, the purpose of the 2-day conference was really to identify the top trends and challenges facing the accelerator sector and viable models and ideas to reinforce the future of acceleration.
Leveraging the ideas and content generated from the Summit, we’ve developed this whitepaper which focuses on what the group identified as the top trends in acceleration as well as the challenges, opportunities, and models for each.
Open innovation is not a new phenomena. New online social tools increase the scope of opportunity and of potential contributions. A presentation by Jean-Yves Huwart, CEO of Global Enterprise.
Why open innovation offers opportunities for startupsJean-Yves Huwart
Big corporations have no choices : they must open up their innovation process to startups. Startups can count on new opportunities. If a risk exists to be stolen one's ideas, some careful practices help to reduce it as much as possible.
How large corporates improve the way they innovateCapgemini
Mick Liubinskas is Entrepreneur in residence at muru-D – a startup accelerator backed
by Telstra, Australia’s leading telecommunications and technology company. Mick
has a successful track record of startup creation. He was the co-Founder & Director
of Pollenizer, Australia’s first digital incubator, and was a co-founder of Startmate. At
muru-D, he is responsible for attracting and selecting high-potential technology startups
and then working with them to drive significant, global, long-term success. After many
years in Australia, Mick recently moved to Silicon Valley.
We spoke to him to understand how large corporates can improve the
way they innovate. Mick explains why entrepreneurs need to lead innovation initiatives at big corporates.
He also highlights the importance of proximity to tech hubs: “Innovation and entrepreneurship are about the 10,000 tiny discussions that are greatly helped
by proximity.”
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.
NUMA World Summit #1 - The future of innovation in fast growing marketsNUMA
A year ago, NUMA decided to expand its model and develop innovation ecosystems in emerging markets. Since then, we have opened NUMA in 5 countries: India, Russia, Morocco, Spain, and Mexico. On September 1st and 2nd 2016, NUMA organized its first NUMA World Summit: a gathering of all NUMA in Paris, to meet, and to exchange best practices.
Accelerating Success: A Study of Seed AcceleratorsGustav Larsson
A presentation of our bachelor thesis conducted at Chalmers University of Technology on the subject of accelerators. Learn more at acceleratorstudy.com.
Open innovation is not a new phenomena. New online social tools increase the scope of opportunity and of potential contributions. A presentation by Jean-Yves Huwart, CEO of Global Enterprise.
Why open innovation offers opportunities for startupsJean-Yves Huwart
Big corporations have no choices : they must open up their innovation process to startups. Startups can count on new opportunities. If a risk exists to be stolen one's ideas, some careful practices help to reduce it as much as possible.
How large corporates improve the way they innovateCapgemini
Mick Liubinskas is Entrepreneur in residence at muru-D – a startup accelerator backed
by Telstra, Australia’s leading telecommunications and technology company. Mick
has a successful track record of startup creation. He was the co-Founder & Director
of Pollenizer, Australia’s first digital incubator, and was a co-founder of Startmate. At
muru-D, he is responsible for attracting and selecting high-potential technology startups
and then working with them to drive significant, global, long-term success. After many
years in Australia, Mick recently moved to Silicon Valley.
We spoke to him to understand how large corporates can improve the
way they innovate. Mick explains why entrepreneurs need to lead innovation initiatives at big corporates.
He also highlights the importance of proximity to tech hubs: “Innovation and entrepreneurship are about the 10,000 tiny discussions that are greatly helped
by proximity.”
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.
NUMA World Summit #1 - The future of innovation in fast growing marketsNUMA
A year ago, NUMA decided to expand its model and develop innovation ecosystems in emerging markets. Since then, we have opened NUMA in 5 countries: India, Russia, Morocco, Spain, and Mexico. On September 1st and 2nd 2016, NUMA organized its first NUMA World Summit: a gathering of all NUMA in Paris, to meet, and to exchange best practices.
Accelerating Success: A Study of Seed AcceleratorsGustav Larsson
A presentation of our bachelor thesis conducted at Chalmers University of Technology on the subject of accelerators. Learn more at acceleratorstudy.com.
Here we have explained some of the best Radical Innovation Examples. Have a look to know in detail.
For more details, visit : https://mitidinnovation.com/recreation/know-about-radical-innovation-examples/
Innovation Strategy should be fully aligned with Business Strategy and should answer 3 main questions:
How will Innovation create value for potential customers?
How will the company capture value from the innovations it generates?
What types of innovations will allow the company to create
and capture value and what resources should each type receive?
Gec workshop corporate entrepreneurship march 2015 stefano mizioStefano Mizio
Established firms and Startups: the corporate entrepreneur’role. - Global Entrepreneurship Congress Milan 2015.
Startups, whether inside or outside corporation, require different set of management approaches than a mature business. How can managers apply new practices, emerging from the statup world, inside established companies for managing innovation projects leveraging internal capabilities? What are the main obstacles? How to overcome the corporate immune system? What are the main enablers to foster an innovation initiative? How are their companies’ environments hospitable to the work of corporate entrepreneurs? The panelists discussed real cases of how corporate entrepreneurs are able to connect people, resources, ideas and act as startupper.
Business market landscapes are evolving and companies need to act fast to stay relevant.
This deck talks about why this shift is happening and how you stay ahead in your own industry.
Included are 7 ways to future-proof your business and reinforce your position in the market.
If you want the deck for yourself you can download it using the following link ---> https://bundl.buzz/future-proof
Being “Agile” has become one of the best misunderstood and misinterpreted concepts of the last five years. Most approaches lack a deeper understanding of the problems “agile management” was designed for: the constantly increasing complexity and uncertainty of businesses in digital, that is: exponential times. This presentation introduces the need for and concept of becoming a responsive business and outlines key lessons derived from our own transformation into a responsive, radically user and future driven, self-organized and agile company.
Being “Agile” has become one of the best misunderstood and misinterpreted concepts of the last five years. Most approaches lack a deeper understanding of the problems “agile management” was designed for: the constantly increasing complexity and uncertainty of businesses in digital, that is: exponential times. This presentation introduces the need for and concept of becoming a responsive business and outlines key lessons derived from our own transformation into a responsive, radically user and future driven, self-organized and agile company.
Entrepreneurship in Spain. The Lean Startup. Business Model Canvas.Jaume Teixi
eent
EDUCATION ABOUT ENTREPRENEURSHIP AND NEW TECHNOLOGIES
@JaumeTeixi
13/07/2011
Entrepreneurship in Spain.
Lean Startup.
Business Model Canvas.
Spanish Startup Ecosystem.
Customer Development.
Agile Software Development
An interview with Mick Liubinskas, entrepreneur-in-residence at muru-D, on the nature of innovation in large companies and how to build a culture of innovation.
What large companies can learn from the working culture and methodos of startups
The linear career path is long gone. Organizations need managers and executives with a high degree of diversity and curiousity to navigate through uncertainty. People who were exposed to a startup or involved in intrapreneurship experience
Workshop innovits i tutor imprenditori ottobre 2014 stefano mizioStefano Mizio
Contenuti del workshop Innovits dedicato agli startupper e agli itutor della 5 call4ideas.
Lean startup , customer development, business model canvas, value proposition canvas, value curve.
Oggi le grandi aziende possano innovare – oltre a gestire le operations e i mercati esistenti – sfruttando asset difficili da replicare da parte di startups. L'innovazione dei modelli di business:alcuni esempi ed una riflessione sul mondo dell'editoria
Effetti della politica energetica cinese sulla domanda interna di energie ri...Stefano Mizio
Un’economia in forte crescita come quella Cinese ed il bisogno di energia che l’ha accompagnata negli ultimi decenni si sposa oggi con una radicata convinzione che la ricerca di fonti di energie rinnovabili possa essere la ricetta per una crescita sostenibile. Questo lavoro si propone di studiare gli effetti sul settore delle energie rinnovabili in Cina, dei massicci piani d’investimento pubblici e degli sforzi di regolamentazione normativa degli ultimi anni.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
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
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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.
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.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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.
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
Innovits corporate catalyst stefano mizio 21 novembre 2013
1. Innovation, business models and
manager’s role as ‘corporate
catalyst’
21 novembre 2013
Stefano Mizio – Management Board Innovits
MIP – Politecnico di Milano
2. About Innovits
• InnoVitamins (InnoVits) è un’iniziativa non profit fondata con
l’obiettivo di catalizzare lo sviluppo della cultura imprenditoriale
supportando idee di business innovative, fornendo strumenti
professionali e opportunità di business.
• InnoVits gestisce una gara di idee con l’obiettivo di selezionare,
fra tutte, la migliore idea innovativa di business.
• InnoVits è un percorso che accompagna e sostiene gli
imprenditori consentendogli di sviluppare e “vendere” la propria
idea di business in modo professionale, con il supporto di
professionisti di esperienza della community AlumniMIP.
• Innovits offre concrete opportunità di networking e, per le idee
migliori, l’opportunità di entrare in contatto con Business Angels
e Venture Capitalist in occasione della presentazione finale.
4. Too big to produce gamechanging inventions?
innovate?
Stefano Mizio
5. Large companies:
Performance Engine
Performance engine strives to make every task, every process as
repeatable and predictable as possible .
Innovation is neither repeatable nor predictable; it’s exactly the
opposite: nonroutine and uncertain
Stefano Mizio
6. Today – digitally disruptive
economy
A computer;
An internet connection;
A programming language and SDK;
A friction-free digital platform for distributing
and making money from you innovation;
…in few years a 3D-printer
That’s all you need to bring your ideas to the
market!
BUT…
Stefano Mizio
7. Dozens of copycats
Increasing ease and decreasing cost of
innovation -> short-term pressure (startups)
Startup #1
Startup #1*
Startup #1**
Stefano Mizio
8. The new corporate garage?
Big companies have hard-to-replicate advantages
Stefano Mizio
13. Netflix, netflixed
Verb:
1.to cause disruption or turmoil to an existing
business model
2.To destroy a previously successful business
model
3.To displace the way value is currently created,
delivered, and captured
4.To be disrupeted, destroyed, or displaced by
new business model.
S. Kaplan
Stefano Mizio
14. The Challenge
You must reinvent a business model while the entire
organization is working hard pedaling the bicycle of
the current one.
Stefano Mizio
16. The Key Issue:
Business model innovation is a competency
that doesn’t exist in most companies, since it
never had to… …
The new normal is Amazon
Stefano Mizio
19. Imagine if…
Kodak: “ our tagline is Share memories, share
lives”.
“Why don’t we let people simply share album
pictures?..we can create a feature that allows
people to share news items as well”.
Facebook in 2001??
But
Kodak didn’t take those steps….
Stefano Mizio
20. Kodak’magnete vs OFOTO: The
current business model
T&C:To maintain free storage, you need to meet the following minimum
purchase requirement within 90 days of first uploading images, and then
every 12 months thereafter ... If you do not purchase the required amount
as set forth above from us for a period of 12 months, we may delete the
images stored in your account.
Stefano Mizio
21. Your core business is a Magnet!
It can take the most power idea and turn it into something
that has been done before
Stefano Mizio
22. Car2Go business model
Take a look at Car2Go
Business Innovation Division
The Daimler Lab for new business
models
Company CEO Robert Henrichcan can be
credited with the founding of the services —
while working at Daimler in a division tasked
with exploring next-generation business
models, he developed and championed the
idea that grew into Car2Go.
Stefano Mizio
24. Car2Go in Milan: 40,000 clients in
few months
Fiat, ENI,
Trenitalia
“coming soon”
Stefano Mizio
25. Leassons learned
• Run Experiment (Ulm Germany – internal
employees) – Frugal innovation.
• Alert to the early warning signs that a
business model is facing erosion (car
production for Daimler)
• Emerging trends : sharing economy +
sustainability/green economy.
•Organizational Model: Business Innovation
Division/ Strong Management Support.
Stefano Mizio
28. What kind of organization?
Spin out organization? Ambidexterity Organization? Partnership?
Stefano Mizio
29. Organizing an innovation initiative
Company
Performance Engine
Shared
Staff
Partenrship
Dedicated
Team
V. Govindarajan – C. Trimble : The other side od Innovation
Stefano Mizio
31. Whatsapp: founded in 2009
WhatsApp just surpassed 300 million users worldwide.
Telco senior management were worrying about the risk of cannibalizing
SMS revenue.
Always ask the question: “If I don’t do this, will an
existing or new competitor decide to?”
Stefano Mizio
32. In 2008 that was the reality
WALLED GARDEN WAS OVER!
High Rivalry among traditional
competitors – efficiency mature sector
Online players like Google have
become a driving force in the
industry.
Dumb pipe risk: operators just
building Freeways for
Californian cars.
http://flickr.com/photo_zoom.gne?id=321433870&size=l Darwin Bell
S. Mizio :VODAFONE ENTRY IN THE MOBILE INTERNET MARKET: COMPETITIVE ISSUES, INNOVATION AND CAPABILITIES - March 2010 - Final Thesis 3 EMBA MIP
35. The organizational design seemed a good
fit for the innovation challenge…but
VIS relied too heavily on its Performance Engine to develop
VF360 infrastructure and APIs -> 1° Risk to overestimate
the capabilities of the Performance Engine.
“ One of the biggest problems is that the company still has a ‘handset & basestation’ mindset”. mobile industry review: vodafone_360_an_absolute_failure
Stefano Mizio
36. What kind of competencies
Acqui–Hiring and the
“organizational memory”
To expand a business the company must expand its inventory
skills…skills that you have never needed before.
Twitter 29 acquisitions since 2009 - 9 startups had received a seed
Stefano Mizio
37. Telco operators are organized to pursue
development effort of different duration
Develop and act as a venture backed startup with a great
“always beta” culture (Google) implied a different approach (
no waterfall ) -> 2° Risk : different Operating rhythm
…delivering reliable features every 6/8 months costing a lot o
money. That was unfit with Internet time/pace/philosophy
Stefano Mizio
39. No custom organizational model in place
Ongoing Operation
Strategy
Organizing
&
Planning
Execution
Innovation
Committing to
an Innovative
Idea
?
“Great idea! Go
make it happen”
Something missing
Stage gate? Agile
approach? What kind of
relationships?
Making
Innovation
Happen
V. Govindarajan – C. Trimble : The other side od Innovation
Stefano Mizio
40. Fuji Film
Healthy Disengagement and Resource allocation
Fuji’s approach: investing in new advantages and
pulling resources from declining ones.
Stefano Mizio
41. The wave of transient advantage
What to do when you are in the Exploitation phase…
Healthy disengagement
R. Gunther McGrath: The End of Competiitve Advantage
Stefano Mizio
42. Kodak
Fuji: 25$ billion
2011 and 377th on
Fortune’s Global
500 list.
Kodak has gone
bankrupt.
Fuji didn’t get trapped by its
past.
Stefano Mizio
43. Are Accountants and CFOs Killing
Innovation?
The Accounting Conservatism
Stage Gate (uber alles) innovation process and the Net
Present Value perspective.
the Risk averse culture
Stefano Mizio
44. Is it Business Model innovation
really matters?
“Bad things can happen to
good technology. And
much of what can happen
is due to the business
model the company uses
to commercialize the
technology ”
H. Chesbrough
Stefano Mizio
45. Portfolio of Business Models
Impact Grid
Business Model
Level of
Promise
Risk level (detailed)
Interdependance
Technical Risk
Financial Risk
Risk
Level
(general)
B.M. 1
B.M. 2
B.M. 3
Low – Low/Medium – Medium/High – Medium - High
Source: Rethinking Business Model for Innovation
Stefano Mizio
46. Balancing Short Term and Long Term
Innovation
Source: Rethinking Business Model for Innovation
Stefano Mizio
47. Integrating different “Time – Horizonts”
Innovation Portfolio Management
Source:Managing Innovation Portfolios – Strategic Portfolio Management –R. Ohr and K. McFarthing
Stefano Mizio
48. Innovation initiatives are deliberate
departures from the past
Ongoing operation (90%
data, 10% unknowns):
central focus is to execute
the plan.
Innovation initiative (10%
data, 90% unknown): the
plan is a hypothesis.
Shifting attention from
data to assumptions
Stefano Mizio
49. Run disciplined exp.
Companies need to
be learningfocused and failure
tolerant.
Building a culture
of
experimentation
Or better … disciplined experimentation
Innovations as experiments
Stefano Mizio
50. Run Disciplined Experiment
Learning :
the process
of turning
speculative
predictions
into reliable
predictions
V. Govindarajan –C. Trimble – The other side of innovation
Stefano Mizio
52. Intrapreneurship/Corporate
Entrepreneuship
Intrapreneurship can be defined as
using entrepreneurial skills without
taking on the risks or accountability
associated with starting your own
business. Instead, intrapreneurs are
employees in larger organizations,
who act as entrepreneurs while
having the resources and
capabilities of the larger firm to
draw upon
Corporate Entrepreneurship: is the
process by which individuals inside
organizations pursue opportunities
without regard to the resources they
currently control (Stevenson)
Stefano Mizio
53. Why startup???
Search for a business model… sound interesting if
you are an established company!
Steve Blank – Customer Development Manifesto
Stefano Mizio
58. Customer Development Model
or How we search for the business Model
Search
Execution
Pivot
Learning and Discovering
Design experiments, start
listening
testing your hypotheses outside the building
Steve Blank – Customer Development Manifesto
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59. Holistic Focus on three things
Agile Coaching Blog – David Bland
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60. Medical Device Manufacturer
Heart disease is the number one killer in India, accounting for a quarter of
deaths among those aged 25 to 69. Millions are dying due to lack of access to
treatments.
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61. Healthy Hearth model
Innovation commitment
External
Partner:
Ashoka (to back
social
entrepreneurs and
support and
finance plan for
pacemakers)
Internal
partners
Bring
pacemakerk
tech. to
Indians who
desperately
need it
Patient
education
activities
through local
events, text
messaging and
social media.
Hospitals
People who
are unable to
obtain
pacemakers
and other
cardiac
products
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62. Do you believe B. Model is a
tool for startups?
Entrepreneurial
approach/method
Unique capabilities
Experimentation/ get out of the
building : diagnostic camps to
identify potential patients.
Strong Brand Reputation: local
doctors/ Regulatory approval/…
Business Model Validation
Open minded
Observation
( Aravind Eye Care System)
Humility
Partner relationships
“Last mile” distribution
channels
Process and internal resources:
design, staffing and execute
pilots and expanding programs
Recombining existing
capabilities
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63. Managing the Partnership
You need the Performance Engine!
Performance
Engine
Dedicated
Team
Conflicts must be anticipated, mitigated or neutralized
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64. Innovation and Corporation in Italy
what managers say about innovation
WOBI (World of Business Ideas) indagine presentata al World Business Forum di Milano (56 novembre) – 3500 dirigenti di azienda intervistati: WBF L'Italia chiede più innovazione
• la scarsa propensione all’innovazione dimostrata dai manager (40,48%).
• il 49,6% degli intervistati ritiene prioritario per stimolare l’innovazione il giusto approccio
dei manager.
• Solo il 9,9% dei manager pensa che le aziende con una lunga storia siano le più
disposte a innovarsi
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65. Complacency and Fear
In 2001 Nokia engineers about iPod: “ It’s just a hard drive built on
older technology in a fancy case.”
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66. A new Breed of manager
Organizations need a structure and a corresponding culture where
accelerated change is the new normal. It requires an environment, a
strategy in which experimentation and pioneering is the most common
thing to do in order to be able to innovate.
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67. It’s a matter of Perpective
Curiosity + Diversity + Method
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68. The key Point
The limits to innovation in large organization
have nothing to do with creativity and nothing
to do with technology.
They have everything to do with management
capability.
Ray Stata – founder and chairman of Analog Devices
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