This document discusses digital transformation and open innovation strategies for companies. It outlines 8 types of organic innovation approaches like dedicated innovation teams or hackathons. It also discusses the 3 levels of innovation - incremental, adjacent, and transformational. Examples are given of how blockchain technology has enabled innovations like reaching new customer segments through improved risk models and cheaper customer ratings. The document concludes by thanking the reader and providing contact information for follow up questions.

1. Digital Transformation
>> Silicon Valley perspective
Case Study
Prepared for SVIC – June 26th, 2018

2. Hello!Innovation Director, UL Ventures | San Francisco
Founder UL SCS, mergers & acquisitions, strategy, etc.
mathieu.guerville@ul.com

3. Big concept
Digitization: the tangible aspect of digital transformation
CMO
CFO
CTO
COO

4. 4

5. 5

6. 6

7. 7

8. 8

9. Big concept
Open Innovation: R&D for the startup generation

10. A comprehensive innovation strategy is 3 dimensional
Levels

11. 8 Types of Organic Innovation Approaches
● Dedicated Innovation Team
● Innovation CoE
● Intrapreneur program
● Innovation events / Hackathons
● Innovation excursions
● Innovation outposts
● University partnerships
● Accelerator or private partnership
>> Best to find a combination that works for you

12. 10 Types of Innovation

13. The 3 Levels of Innovation

14. Examples

15. Better risk models > reach new
segments
Ability to rate previously unrateable
people > new market
Cheaper cost of credit rating per
customer > savings
Decentralized data > Lesser security
risk
Better customer ID > less fraud risk
Rich transaction ledger and visibility
> better data on credit applicants

16. Time to “Yes”
Time burden of documentation
Time to disbursement
The method

18. Thanks!
Any questions?
You can find me at:
@mattmg83
mathieu.guerville@ul.com