iel info session

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IEL INFO SESSION

EG1603 INNOVENTURE: LEADERSHIP & INNOVATION CHALLENGE

© Copyright National University of Singapore. All Rights Reserved.

Traditional Economy → Innovation Economy

MNC

Start-ups

MNC

Small Companies

NOV-10

APR-11 SEP-11 FEB-12 JUL-12 DEC-12 MAY-13

OCT-13 FEB-14 JUL-14 DEC-14 MAY-15

OCT-15 MAR-16

AUG-16

JAN-17

DATE OF $1B+ VALUATION


What is the impact/challenges of economy transformation?

BOOMING START-UPSThere are 10s of millions of entrepreneurs starting up in the world every year

INCREASING VUCABusiness decision becomes harder due to unknowns and fast changing environments

MORE FAST PACE PROJECTSIncreasing projects with tight schedules, limited budgets & diverse teams due to VUCA market

Full time

Contingent CONTINGENTWORKFORCENearly half of the company’s employment may be contingent

REMOTE TEAMS KNOWS IoT63% of departments have team members working remotely

HIRING “PLUG & PLAY” TALENTSCompanies are more likely to hire based on individual portfolios rather than education background


Expectation of future workforce

Fresh graduates needs T-shaped skills to stay competitive


How can InnoVenture help you?Boundary Crossing Soft-Skills

Critical Thinking

Project Management

Teamwork

Communication & Collaboration

Global Understanding

Innovation

Entrepreneurship

Basic IoTknowledge

Multi-disciplinesUnderstanding & Communication

Multi-EcosystemUnderstanding & Communication

Deep in at least one Discipline

Deep in at least one

Ecosystem

Engineering Energy

Transportation

Buildings

Food

Healthcare

…

…

Element focused in InnoVenture

+

Business Mentors

Real Industrial Problems

Innovation Processes, methodologies & tools

Science


GRAB CHALLENGE 1OverviewThe Grab app no longer just provides a ride-hailing service but has integrated all types of other functionalities including fooddelivery, parcel delivery, payment services, hotel bookings etc. The possibilities are open to adding more services based on unique user needs and wants using the platform.

Challenge“How might Grab create an ‘X’ service on its technology platform that will enable and empower users to fulfill required tasks that may help to solve or, even better, create a new experience?”

For the ChallengeTeams will have to design a Grab ‘X’ service that will benefit the specified users or target market.

• Justification should be provided for your proposed solution on:• Who could potentially use this new service/solution?• Is your service addressing the mass or niche market?• How do you think the service will make sense to the sharing-economy business and the users?


GRAB CHALLENGE 2OverviewSingapore’s population is rapidly ageing. Ageing is generally associated with a decrease in capacity to remain active & connected and this is exacerbated if mobility becomes an issue. Those less mobile might need to be more dependent on others and require support services.

There are personal mobility devices (PMDs) currently available in the market targeted for use by elderly with mobility issues. However such devices are not available to all who need it. There are also no shared PMD services targeted towards use by the elderly to address their mobility needs.

Challenge“How might Grab design a shared PMD service/system for the elderly, to encourage mobility and social interaction in the community they are in?”

For the Challenge• Teams have to determine what the users (elderly) need and what it would take for this

service/solution to be taken up.• The solution should not be limited to the hardware and app only.• Business considerations will be critical for viable initial implementation.


PHILIPS CHALLENGEOverviewPhilips’ aim is to deliver the best garment care experience to users. Users should be able to achieve what Philips’ calls “Effortless Perfection”. Philips’ products are designed to be responsive tools that empower users to effortlessly complete their laundry cycles in a faster time.

ChallengeHow might Philips further save the time users spend on a laundry cycle?

For the Challenge• Teams must design a device concept to further reduce time for home laundry cycles for a

family of 4.• Time saving should be quantified with respect to the current cycle.• The solution must be safe for home use.• Any proposed device should not be larger than existing i.e. washing machine for home.


PSA UNBOXED CHALLENGE

OverviewVideo cameras, laser scanners, lidar, QR optical reader are widely deployed on automated equipment (e.g. cranes, vehicles). Occasionally, performance of these devices are affected due to weather and lighting conditions.

Challenge“How can a low-maintenance and cost-effective solution be provided for use on a range of devices used in PSA to ensure that the lens are kept clear with no vision challenges imposed especially during rainy conditions?”

For the Challenge• PSA is not seeking for solutions relating to automated lens wiper and brush.• Functionality of cameras and scanners shall not be compromised with the adopted

solution


SINGAPORE SAFETY GLASS CHALLENGE

OverviewGlass is a common material used in building facades, but the material does have limitations. Delamination happens when two or more panes of glass bonded with an interlayer come apart. Spontaneous breakage happens when tempered glass breaks without any apparent reason. These affect not only the aesthetics of the glass but pose serious safety issues.

Challenge“How else might SSG reduce delamination and/or spontaneous breakage in glass façades?”

For the Challenge• Teams must design a technical concept to improve delamination and/or spontaneous

breakage of glass façades.• The proposed concept must be compared with current mitigations, and the value

proposition of the concept would need to be justified.


Flow of Innovation for Entrepreneur/ Intrapreneur

Focus of InnoVenture


Professional Experiences: • 8 years at - Intraprenuer & Technical expert on indoor air quality- BEO Expert on particulate matter (i.e. PM2.5, haze) sensing- Project manager of smart kitchen development for Tianjin Eco City, China- Innovation and Product R&D fields:

• Leader of Industry-University Partnerships:

Academic Background:• B. Appl. Sc (HONS), National University of Singapore• M. Sc, National University of Singapore• D. Eng, Tokyo Institute of Technology, Japan• JSPS Postdoctoral Fellow, Tokyo Institute of Technology, Japan

Other skills:• Business model innovation• Design thinking & User Experience (UX) study• Change Management

About your instructor

Dr. Soon Hwee Ping

Associate Professor (Practice)Materials Science & EngineeringInstitute of Engineering Leadership


Business Mentor: Jason Tang

https://www.linkedin.com/in/jason-tang-8252bb20/

Jason is currently working on an AIoT start-up in stealth mode.

Previously, Jason was responsible for New Businesses and IoT Innovation in MANN+HUMMEL Asia Pacific,and led the start-up of several new business ventures and corporate initiatives.

Prior to MANN+HUMMEL, Jason was with the Singapore Economic Development Board, where he led teamsto design and launch national industry development strategic plans, and sourced, structured investmentsfrom multi-national companies.

Jason is married with two boisterous kids. When he is not on a plane or in a hotel, he loves readingferociously, football (on the TV), and precious time with the family.

https://www.linkedin.com/in/jason-tang-8252bb20/


Business Mentor: Dr. The Lay Kuanhttps://sg.linkedin.com/in/laykuanI am a materials scientist who has spent over 10 years in corporate research lab atRobert Bosch Singapore, leading interdisciplinary innovation projects that involveadvanced materials and microfabrication across broad technology platforms. Mymost recent projects focus on Chemical Sensor Solutions for Health, Food andEnvironment applications. Since 2017, I embarked on an intrapreneurial journey tocreate new business in the area of Food Safety Monitoring, sponsored by SeedFunding (Top 5 awardees out of >100 submissions) from the board of managementin charge of the APAC region. Prior to this, I was responsible for implementing BIPV(Building Integrated Photovoltaic) Energy Façade pilot projects with partners andcustomers from the local building & real estate industry in my role as the projectmanager.

In my individual capacity, I have been a Member of the Industrial Advisory Committee and Guest Lecturer of NTU-MSE (Nanyang Technological University, School of Materials Science & Engineering), as well as a Member of the ISO/TC229 Nanotechnology National Working Group 3 (under Enterprise Singapore).

https://sg.linkedin.com/in/laykuan


More information

https://www.eng.nus.edu.sg/iel/undergraduate/about-innoventure/

https://www.eng.nus.edu.sg/iel/undergraduate/about-innoventure/

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