Philippe Mouchard: Intrapreneurship - Corporate innovation - TSD 17

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Tech Startup Day 2017

The essentials of
innovation…
Philippe Mauchard – March 9th, 2017

Philippe Mauchard
Partner,McKinsey& Company (2000-2006)
Partner,Founder&GlobalDirectorMcKinseySolutions(2006-2016)
ManagingPartner,SmartVentures/TheBridge
Chief BridgeOfficer,B-Hive

Preaching to the converted?
The essentials of
innovation…

Preaching to the converted?
… or…
taking one’s own
medicines?

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What are the major tech trends
impacting business in near to
mid-term?

What does it take to get
innovation right?
(and why should YOU care?)

84% Of global executives believe innovation is extremely important…
6%…but only are satisfied with their innovation performance

What stops companies frominnovating?
Ostrichmindset?
Getting the timing
right?
Innovator’s
dilemma?
Placing thewrong
bets?
Theexecution
challenge?

Product Process
3 types ofinnovation
Business model

NOW
3 sourcesofinnovation
Incremental growth
fromnew channels,
categoriesor
segments
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variant

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Innovatingoff
something that
works
E.g.:A new product
NEW

3 sourcesofinnovation
Disruptivegrowth
fromnew business
models
Eg:Inventing
something new or
additive
NEXT

Shapedcreativity...
CHOOSE
ASPIRE
Put numbersonit
Placeclear bets

Shapedcreativity...
CHOOSE
DISCOVER
ASPIRE
Put numbersonit
Placeclear bets
Insightsover ideas

EVOLVE
Or riskextinction
Shapedcreativity...
CHOOSE
DISCOVER
ASPIRE
Put numbersonit
Placeclear bets
Insightsover ideas

EVOLVE
ACCELERATE
SCALE
EXTEND
…powerful delivery
Or riskextinction
Make horses.Not camels
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Be thepartnerof choice
Shapedcreativity...
CHOOSE
DISCOVER
ASPIRE
Put numbersonit
Placeclear bets
Insightsover ideas
MOBILISE
Go beyondstructures

 Innovation is about
creativity ANDdelivery
 You need multiple essentials working
together tobe successful
 Getting the ASPIRATIONright is a good
place to start
 And INSIGHTS can be a true source of
distinctiveness

1926 2015
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Percent
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But after all….
…What couldmake a
differenceforyou as leader?

Philippe Mouchard: Intrapreneurship - Corporate innovation - TSD 17

Boosting passion for innovation and new business at Bosch by Dr. André Hedler, Vice President “Home of Innovation and Start-ups” @ Bosch Automotive Electronics Can you imagine being an intrapreneur within a tech giant full of 130 years incredible history? After many years of experience we know the little secrets and pitfalls on how to innovate and to create market leaders. We spark enthusiasm for new things and embrace change, we lead Bosch.

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Philippe Mouchard: Intrapreneurship - Corporate innovation - TSD 17

1. The essentials of innovation… Philippe Mauchard – March 9th, 2017

2. Philippe Mauchard Partner,McKinsey& Company (2000-2006) Partner,Founder&GlobalDirectorMcKinseySolutions(2006-2016) ManagingPartner,SmartVentures/TheBridge Chief BridgeOfficer,B-Hive

3. Preaching to the converted? The essentials of innovation…

4. Preaching to the converted? … or… taking one’s own medicines?

5. 600 2013 0 Newtitlesin English 5,000,000 20101300950 1650 Unprecedentedtimes…

6. What are the major tech trends impacting business in near to mid-term?

7. What does it take to get innovation right? (and why should YOU care?)

8. 84% Of global executives believe innovation is extremely important… 6%…but only are satisfied with their innovation performance

9. What stops companies frominnovating? Ostrichmindset? Getting the timing right? Innovator’s dilemma? Placing thewrong bets? Theexecution challenge?

10. Product Process 3 types ofinnovation Business model

11. NOW 3 sourcesofinnovation Incremental growth fromnew channels, categoriesor segments E.g.:A new product variant

12. 3 sourcesofinnovation Innovatingoff something that works E.g.:A new product NEW

13. 3 sourcesofinnovation Disruptivegrowth fromnew business models Eg:Inventing something new or additive NEXT

14. Innovation Creativity + Delivery = = =/

15. Shapedcreativity... CHOOSE ASPIRE Put numbersonit Placeclear bets

16. Shapedcreativity... CHOOSE DISCOVER ASPIRE Put numbersonit Placeclear bets Insightsover ideas

17. EVOLVE Or riskextinction Shapedcreativity... CHOOSE DISCOVER ASPIRE Put numbersonit Placeclear bets Insightsover ideas

18. EVOLVE ACCELERATE SCALE EXTEND …powerful delivery Or riskextinction Make horses.Not camels Go big. - selectively Be thepartnerof choice Shapedcreativity... CHOOSE DISCOVER ASPIRE Put numbersonit Placeclear bets Insightsover ideas MOBILISE Go beyondstructures

19. JUST1 4-5 7+ NONE Top¼ Bottom¼

20.  Innovation is about creativity ANDdelivery  You need multiple essentials working together tobe successful  Getting the ASPIRATIONright is a good place to start  And INSIGHTS can be a true source of distinctiveness

21. Preaching to the converted? … or… taking one’s own medicines?

22. 1926 2015 0 Shareof newservices Percent 200719801960 1995 Unprecedentedtimes…

23. EVOLVE ACCELERATE SCALE EXTEND …powerful delivery Or riskextinction Make horses.Not camels Go big. - selectively Be thepartnerof choice Shapedcreativity... CHOOSE DISCOVER ASPIRE Put numbersonit Placeclear bets Insightsover ideas MOBILISE Go beyondstructures + + + +! !

24. But after all…. …What couldmake a differenceforyou as leader?

Editor's Notes

http://www.istockphoto.com/vector/bulb-design-43101908?st=7db7c87
http://www.istockphoto.com/vector/bulb-design-43101908?st=7db7c87
http://www.istockphoto.com/vector/bulb-design-43101908?st=7db7c87
http://www.istockphoto.com/vector/bulb-design-43101908?st=7db7c87
http://www.istockphoto.com/vector/bulb-design-43101908?st=7db7c87

Philippe Mouchard: Intrapreneurship - Corporate innovation - TSD 17

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Philippe Mouchard: Intrapreneurship - Corporate innovation - TSD 17

Editor's Notes