George Brown College:

Leadership in the innovation economy

Nitin Kawale, PresidentCisco Canada

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 2

The World Is Changing

Globalization

Social Networking and Mass Collaboration

Sustainable Development

Consumerization

Recession

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 3http://bits.blogs.nytimes.com/2009/10/30/innovation-spending-looks-recession-resistant/?ref=technology

Innovation is Set to Explode

....and innovation never stops!

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The Innovation Leadership Disconnect

“Executives say innovation is very important, but their companies’ approach to it is often informal, and leaders lack confidence in their innovation decisions.”

–

Source: McKinsey & Company, 2008

65% say innovation is a “Top 3 priority” for driving growthOnly 5% say it is NOT a priorityAnd 14% say it is THE “top priority”BUT only 36% say innovation is part of what the organization does

34% say innovation is a part of leadership’s regular agendaBUT a third of them say innovation is governed in an ad hoc way

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 5

Innovation and Productivity In Decline

Canada needs 4X current rate of productivity and sustain it for 15 years to close to Canada-US gap

Declining productivity means missed opportunities

Productivity investment per Canadian worker is 60% of US levels

14th among OECD nations for innovation performance and productivity

Canada’s capacity for innovation and ability to absorb and deploy technology ranked 18th in the world

Canada labour productivity growth is declining:

1.9% annual average each year during the 1990s

0.7% annual average from 2000-2009

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 6

Source: Net Impact Study

Standard of Living Doubles in 14 Years

100%

25%

50%

75%

Years

Compound Productivity Growth

Standard of Living Doubles in 72 Years

Standard of Living Doubles in 24 Years

Productivity Drives Standard Of Living

0 9 18 27 36 45 54 63 72

5%

3%

1%

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 7

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Our Mission

To cultivate a steady stream of new businesses with $Billion potential, architectural integration and growth engine opportunity for our Foundation and AT businesses. Increase our productivity by 15% annually

through innovative redesign of business processes

But…..Vision without Execution is Hallucination

- Albert Einstein

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 9

Finding Good Opportunities

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Engineers

20,000+

R&D Investment Annually

$5.3B+

Patents Filed Annually

700Build

Buy

125+ Acquisitions Innovation

Partners

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 11

Connected Real Estate for construction projects

Primary technology contracting Fourth Utility, Energy management

Innovation in Healthcare solutions

Detailed Advisory service: Cisco as Trusted partner Cisco One Network; “Fourth Utility”

approach Cisco advanced home networking Tandberg: Virtual Security Guard Platform for innovation.

Energy management for Factories [Mediator] Transform experience at race tracks

(Sports & Entertainment) Define S+CC vision and approach for

community development

Connected Home of the Future: replicable architecture WindWalk community in Alberta Revitalization services for 633

aboriginal communities Marketing, Branding, knowledge

exchange thru collaboration

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 12© 2006 Cisco Systems, Inc. All rights reserved.

Where Innovation Comes FromExternal sources of ideas and innovation

Business partners

Customers

Consultants

Competitors

Associations, trade shows, etc.

Academia

Employees (general population)

Sales or service units

Internal R&D

Internal sources of ideas and innovation

0% 5% 10% 15% 20% 25% 30% 35% 40%

Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon”

0% 5% 10% 15% 20% 25% 30% 35% 40%

Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon”

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 13

Canadians are ready to innovate

70% use social media

Canadians among the busiest users of social media

LinkedIn has more than 2 million Canadian members

16 million Canadians on Facebook

47% use Twitter

58% of Canadians say they have blogged

61% of businesses track what’s being said about them online

Source: Marketing Breakthroughs, 2009

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 14

Your Opportunities for Innovation?

Population growth Smart and Connected CommunitiesGet ready for Gen Y and Gen Z Improve collaboration – increase efficiency Leverage LEED credits by being “green”Create more business value from buildingsReduce energy consumption/control all

systems

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 15

Getting Started

1. Think big: Bold Vision

2. Disrupt: Try Something New

3. Start Small: Solve Simple Pain Point Well

4. Evolve Quickly: 5 Phase Plan

5. Start: Lead & Others Will Follow

6. Believe: With Passion

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 16

“Generally, most people want to be effective, productive and feel as though they contribute. As a company, you need to provide the means

(foundation).

Do that, and people will be innovative. They’ll embrace it and show you some fantastic things.”

© 2011 Cisco Systems, Inc. All rights reserved.Presentation_ID 17