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DANSK IT’sGeneralforsamling & årskonference 2015
28. maj 2015
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Why Corporates Should Be Entrepreneurial Super Weights
DARE2@IT branchen, May 28th 2015
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The STARTUP BUZZ- An entrepreneurial road trip
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DARE2mansion
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???
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Why do we need to be entrepreneurial?
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Remember this…
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The World in Your Pocket
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The World Develops Exponentially- Moore’s Law
”The number of transistors in a integrated circuitdoubles approximately every2 years.”
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The World Develops Exponentially-Exponential vs. linear growth
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The World Develops Exponentially- The Law of Accelerating Returns
Digital => exponential
=> Democratization of technology
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The future?
• The average lifespan of an S&P 500 company has decreased from: 67 years (1920's) to 15 years (today)
• In 10 years, it's predicted that 40% of the Fortune 500 Companies will no longer exist.
http://www.exponentialorgs.com
http://www.fastcompany.com
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In 2025…
1. 3 billion more internet users.2. From 8 billion to 1 trillion connected devices (IoT).3. Price for full DNA sequencing: 5 cents. 4. 80% of surgery done by robots.5. IBM’s Watson as assisting doctors.6. Wheelchairs substituted by exoskeletons.7. 3D printers printing themselves.8. Driverless cars owning the streets.9. From 20 years to 18 months to build a billion
dollar business to…?
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Or not so slow decline…
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Let’s DARE to find solutions!
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What do others do?
• Tour around the world in search of entreprenerial super powers
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Telco
• Problem: falling behind; struggling to profit
• Solution: work with startups to detect new trends, improve R&D, and become more entrepreneurial.
• Telefónica: 14 tech incubators
• In 2 years: €9 million in 295 start-ups
• Deutsche Telekom: co-working space + accelerator program
https://www.hubraum.com/
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Coca Cola
• Hiring two-person teams in cities including San Francisco, Berlin and Bangalore (India), to find small tech firms whose ideas can be harnessed by the global drink giant.
“At the end of the day, we’re trying to create the nextTwitter-like company,”
David Butler, Coca Cola’s vice president of innovation.
http://bits.blogs.nytimes.com/2013/11/22/corporate-incubators-popping-up-in-
europe/?_php=true&_type=blogs&_php=true&_type=blogs&_r=1
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Volkswagen
• With Plug & Play Tech Center (Silicon Valley accelerator)
• 3 month program, free office space at Plug & Play’s facility along with coaching, meetings with Volkswagen staff and potentially use of company cars to test products
• Plug and Play = “Silicon Valley in a box”: 10 start-ups make driving more fun (or less horrible).
• Looking for companies working on social media, integrating mobile devices with cars, parking apps, display, voice recognition and visual computing.
http://www.plugandplaytechcenter.com/
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Disney
• Powered by Techstars
• 10 startups, 15 weeks
• Technology startups in media and entertainment space
• Seed investment of $120,000, mentor support" from Disney's CEO and other executives from company and the industry at large.
• Access to stories, characters, technology and other resources from Walt Disney Company.
www.disneyaccelerator.com/http://www.techstars.com/
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What to do as corporate?
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What to do as a corporate?
http://www.exponentialorgs.com
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An exponential organization (ExO) is one whose impact (or output) is disproportionally large – at least 10x larger – compared to its peers because of the use of new organizational techniques that leverage exponential technologies.
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The Exponential Organization• Massive, Transformative Purpose
Massive, Transformative Purpose (or MTP)
• ”Organize the world’sinformation”.
• “Ideas worth spreading”.
• “Radical breakthroughs for the benefit of humanity”.
http://www.exponentialorgs.com
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The Exponential Organization• 5 external characteristics
Staff on demand.
Community & Crowd.
Algorithms.
Leased Assets.
Engagement.
http://www.exponentialorgs.com
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Exponential Organizations• 5 Internal Characteristics
Interfaces.
Dashboards.
Experimentation.
Autonomy.
Social technology.
http://www.exponentialorgs.com
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THANK YOU!
Laila [email protected]+45 2924 5350
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DARE2@DARE2mansion Vermundsgade 13-152100 Copenhagen. +45 2924 5350www.DARE2.dk