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'Knowledge Transfer 2.0'
- 1. ‘Knowledge Transfer 2.0’ Web2.0 meets KT
- 2.
- 3. KT is stilla Contact The number of hits matters... But who do you spar with? And how to you find the right partners?
- 4. Social Capital Improves Performance “People & groups who do well are somehow better connected” “Brokers do better” Prof. Ron Burt University of Chicago
- 5. Openness Drives Innovation “most ofthe smart people don’t work for you” Using the ‘Innovation Division of Labour’
- 6. Social Media isNOT a passing fad
- 7. Fortune-100 use SocialMedia Twitter platform of choice per cent 60 45 54% 30 32% 15 29% 0 Twitter Blogs Facebook Fan Page
- 8.
- 9. Social Media: notfor the Kids
- 10. So how doesthis stimulate ?
- 11. 1. We’re moreintelligent
- 12. 2. We’re ourown media Financial Times circ: 421,000
- 13. 3: We canre-engineer the KT business model
- 14. Proposition 1 You can’t do it all alone... KT used to be about KT 2.0 is all about assembling and employing assembling & connecting the most able team the right network
- 15. Proposition 1 You can’t do it all alone... KT 2.0 is about assembling the right network… KT 2.0 is all about assembling & connecting the right network Can’t employ all the smart people... Don’t want to employ them... Can give ‘skin’ to non-emloyees...
- 16. Proposition 1 You can’t do it all alone... KT 2.0 is about assembling the right network… KT 2.0 is all about assembling & connecting the right network Need to find experts T organise o experts... Reduce transaction costs
- 17. Proposition 2 We needmore Market Pull... KT 2.0 is about maximising market pull... KT used to be primarily about technology-push...
- 18. Proposition 2 We needmore Market Pull... Clinical Value Technology Push Market Pull - Radical Innovation Commercial Value
- 19. Network of Networks ...effectamplified via own Networks
- 20. Proposition 3 Learning tofail... KT used to be about focusing as much possible resource at every project... KT 2.0 is about learning to fail early and cheaply...
- 21. Proposition 3 Learning tofail... Text-book Stage-gate process... ...won’t work
- 22. Reducing Risk 1 2 3 4 5 Increasing expenditure inevitable - hard to manage iture ex pend Technical Clinical Commercial Concept Feasibility Freedom Feasibility of Use Regulation
- 23. Reducing Risk 1 2 3 4 5 risk & unce Increasing expenditure rtain ty inevitable - hard to manage Reduction of level of risk is not inevitable iture ex pend Technical Clinical Commercial Concept Feasibility Freedom Feasibility of Use Regulation
- 24. Reducing Risk 1 2 3 4 5 Increasing expenditure inevitable - hard to manage ris k& un Reduction of level of cer tai nty risk is not inevitable iture ex pend But risk can be managed Technical Clinical Commercial Concept Feasibility Freedom Feasibility of Use Regulation
- 25. What are thebasic indicators of high chance of failure in proof of concept? ...and what are the different value propositions? wisdom of the crowd improves decisions...
- 26. Not an argumentagainst fundamental science!
- 27. Proposition 4 Knowledge Transferdoes not stand still... KT 2.0 understands there are new innovation drivers emerging that need adding to the mix. KT was primarily about legal, technical/regulatory & commercial matters
- 28. Proposition 4 Knowledge Transferdoes not stand still... Business Modelling Virtual collaboration & project management Design expertise again begs the question why employ..?
- 29. Proposition 4 Knowledge Transferdoes not stand still...
- 30. Proposition 5 The daysof Leonardo da Vinci are gone... KT 2.0 understands that innovation is a social process KT was about individual research excellence - groups or individuals
- 32. Proposition 6 We can’twait for the lightning strike KT2.0 understands that alternative funding/exit strategies will become an important part of the mix KT was solely focused on the large VC deal and avoidance of the ‘low-value’ deal
- 33. “the future isn’tbig anymore, the future is small” we might revisit the dismissive notion of the ‘walking dead’ spinout.
- 34. • The newofcultureis open, fast-paced, and “encouraging first-time entrepreneurs. It’s about blogging and tweeting and digitized networks of people sharing information about what they’re interested in, and where they’re investing. ” • The Cultural Revolution: Which Side Are You On? Skirsne, Boston Globe diverse her finance forms)
- 35. The web willfacilitate finding funding...
- 36. “This is, ifanything, the age of networks,” …“This age of networks does not obviate the fact that there are nodes and firms and firm-centric decision rights, as well as capital rights and ownership rights. “The Network Challenge:Strategy Profit and Risk in the InterlinkedWorld” Massive readjustment coming we might as well get good at it!
- 37. twitter: brianamc www.ginnn.com http://leedsuniversity.sossoon.net/index.aspx