nasscom gic conclave 2016 innovation for sustainable growth
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Unfinished Business of Organizational InnovationChristopher Perry, President Global Sales, Marketing & Client Solutions, Broadridge Financial Solutions
April 22, 2016
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Disclaimer
The views expressed in this presentation are my personal views
and not necessarily that of Broadridge
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Invent & Innovation : Definitions
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Innovation: The lemonade packet
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Hindsight is 20/20; Its 1999
1993 1995 1997 1999 $-
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Which Stock would you pick?
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Value of Innovation & Cost of Not Innovating
2000 2003 2006 2009 2012 2015 $-
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$1,000 Apple launched iPod in Oct 2001
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Where is SONY?
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The rate of disruption is at an all time high
Average company lifespan has fallen: 90 years in 1935 to just 18 today
Largest taxi company owns no taxis
Largest accommodation provider owns no real estate
Largest phone company owns no telecom infrastructure
Most valuable retailer owns no inventory
Most popular media owner creates no content
Largest movie house owns no cinemas
Largest software vendors don’t write apps
Fastest growing banks have no actual money
More than $1 trillion in market cap & >$100B in valuation
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Things that will disappear due to Innovation
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70% of the senior executives say that Innovation is 1 of the Top 3 drivers of growth in the next 3 to 5 years
The Acceleration and Imperative for Business in Social, Mobile, Cloud & Analytics
Big Data, Machine Learning, Data driven decisions and user experience integral part of product design
Rapid adoption of cutting edge technologies such as Internet of Things -IOT , 3D Printing, Augmented Reality - Occulus
Behavioral DNA could change the way passwords and security are currently used
Transition towards self contained global teams and Agile development
Block chain the distributed ledger technology has emerged as an object of intense interest in Fin-Tech industry
T A L E N T
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THANK YOU
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