innovation: building bridges for the future

Innovation Building Bridges for the Future

Global Innovation

Index

Innovation Ecosystem

Step Change

Bincang PERSpektif 12 Oct 2016

Agus Wicaksono Chairman iCIO

Chairman

Become a premiere community of IT leaders and decision makers that share and leverage knowledge among members, collaborate to groom effective leadership skills, contribute to national IT capacity building, and partner for economic growth.

Mar 2013 20 May 2016 200+

Communication & Research Partnership Membership Advocacy

Global Innovation Index 2016

50 55 60 65 70

GermanyNetherland

DenmarkIreland

SingaporeFinland

USAUnited Kingdom

SwedenSwitzerland

0 20 40 60

88-Indonesia

74-Philippines

59-Vietnam

52-Thailand

35-Malaysia

Innovation is now widely recognized as a central

driver of economic growth and development

QAT

LUX

BRN

SGP

NOR

SMR

ARE

KWT

USA

HKG

CHE

Guinea 128-Yemen

Top GNP per Capita

The Economic of Innovation

Economic Output

The process by which an idea is translated to business value.

No. of Inputs

Think of New Ways

* Joseph Schumpeter (1883-1950) : Innovation is the critical dimension of economic change

Innovation Spectrum

Ideas Management

Business Value Level of Development

Valley of Death

The Innovation Ecosystem

Mindset

Trust

Risk

Disruptive Innovation

Creative Destruction

Corporate Culture

• Open • Abundance • Empathy

Change

Enabling Technology

Crowd and Share

Startup

Financial Access & Support

• Venture Capitals

Laws and Regulations

Digital Driver

Improve Information Exchange and knowledge diffusion

Increase Cooperation in Research and Innovation

Change Competition for Markets, a Critical Factor for Innovation

Taking a Step Change …

Innovation Inertia

Breakthrough and Disruptive

Sustainable Transformative

Incremental

Unsustainable Sustainable / Adaptable

Slo

w

Rap

id Exploration Transformation

* Andrew & Gaia Grant: The Innovation Race

Exploitation

Sustaining Innovation

New trends emerge

Innovative start-ups create disruptive business models

Early adopters embrace the new models

Advanced incumbents begin to adopt

Mainstream customers adopt

Laggard incumbents drop off

Tipping point

Time

Source: McKinsey Quarterly May 2014 – Strategic principles for competing in the digital age

Strategy and Management People and Culture Process, Tools, and Metrics

‘Keep on improving: lean sigma …’ ‘Inspiring Friday’ ‘R & A – public’

@aguswicaksono Agus Wicaksono agusw@chevron.com http://aguswicaksono.blogspot.com

Thank You