the future of innovation

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The Future of Innovation? Christian De Neef Fast Track Consulting Brussels

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This presentation was accompanying a keynote at COFES 2011 -- the Conference for the Future of Engineering -- Scottsdale, April 2011. A more compact version of the same presentation was given to a group of Israeli engineers & entrepreneurs in Tel Aviv, during COFES Israel, December 2010. I am well aware that the presentation material, without the accompanying speech, may be a bit cryptic at times. Also, comments and questions are welcome at @cdn

TRANSCRIPT

Page 1: The Future of Innovation

The Future of Innovation?

Christian De Neef

Fast Track Consulting – Brussels

Page 2: The Future of Innovation

Who was leading the market in “smart” phones in 1998?

Then why didn’t Motorola/Nokia bring the 1st Blackberry to the

market?

Page 3: The Future of Innovation

Who was leading the market in “personal music players” in 2001?

Then why didn’t Sony develop & market the iPod?

Page 4: The Future of Innovation

Who was leading the market in “stunning skylines” 25 years ago?

Then why isn’t the Shanghai skyline located on a US Coast?

Page 5: The Future of Innovation

Yesterday's Innovation

recipes don't work in

today's world anymore

Page 6: The Future of Innovation

Yesterday's Innovation

recipes don't work in

today's world anymore

Page 7: The Future of Innovation

Pressure...

Page 8: The Future of Innovation

Pressure...

Service

“The perfect

experience”

Costs“A free

ride”

Performance

"The speed

of light"

Complexity“The ubiquitous -

invisible interface”

Quality

Sustainability

“A safe future”

Page 9: The Future of Innovation

Expectations...

zero

infiniteProcessor

speed

Network

bandwidth

Energy

price

Energy

consumption

Environmental

footprint

Access

(always-on)

Access

cost Storage

price

Page 10: The Future of Innovation

Strategic...

Page 11: The Future of Innovation

Strategic...

Product

Process

Busines Model

Market

?

Page 12: The Future of Innovation

Strategic...In

tern

al

Exte

rnal

FOCUS

CAPABILITYTactical Strategic

Traditional (R&D)

Technology

Protected

Crowdsourcing

Problem solving

Community

Value chain

Core Competency

Business

Focused

“Fully Open Innovation”

Cocreation - Coproduction

Engaged community

“Disruptive”

Page 13: The Future of Innovation

Open...

Page 14: The Future of Innovation

Open...

Are we doing things right?

Are we doing the right things?

Launch Ideation

DesignDevelop

ment

Coproduction

Crowdsourcing

Cocreation

Prototyping

User panels

Social Media

Are we getting things done?

Are we reaping the benefits?

Page 15: The Future of Innovation

Open…

Partnering

Open Infrastructure

Cocreation & Coproduction

Collaborative InnovationInnovation Intermediaries

Patent Pools

Facilitation

Crowdsourcing

Competitive InnovationInnovation Competitions

IP Markets

Page 16: The Future of Innovation

Design

Thinking...

Page 17: The Future of Innovation

Visionary...

Holistic Thinking

Scenario-Planning

Shifting Paradigms

Business Model Innovation

Imagining (im)possible Futures

"Every problem contains the

seeds of its own solution“

Solving Problems

Toyota-Thinking

TRIZ et al

Page 18: The Future of Innovation

Design Focus...

Product

People

Experience

Page 19: The Future of Innovation

Systems evolve towards “ideality”

“function without interface”

Ideality...

Page 20: The Future of Innovation

Surprising!

Page 21: The Future of Innovation

Surprising?

What do a Golf Ball and a High Speed Train have

in common?

Page 22: The Future of Innovation

Surprising?

What do Kraft Cheese and Goodyear Tires have

in common?

Page 23: The Future of Innovation

Surprising?

Why would a Truck Seat and an X-Ray Scanner

ever meet?

Page 24: The Future of Innovation

Surprising?

What do Coca Cola and Heinz have in common?

Page 25: The Future of Innovation

Surprising? Extend your views…

True Invention represents only a fraction of a % of Innovation…

“Actling” A simple, easily found and almost standard solution…

“Knowling” A solution found WITHIN the sector or industry

“Borderling” A solution found IN ANOTHER sector or industry

“Researchling” A solution found in another discipline of science

Invention A new, so far inexistent scientific concept/creation

Page 26: The Future of Innovation

So What?

Page 27: The Future of Innovation

Where is your market?

• By 2050, world population will grow to 9 billion people

• 99% of this increase will be in the developing world

• The economic growth will be there, NOT here

• But… these people are NOT your current clients

Page 28: The Future of Innovation

Where is your market?

• Look at your NON customers

• The developing world is growing a new middle class

• 5-10% of 5 billion people?

• Maybe you should stop selling to the elite...

Elite

(Fortune 500)

Base

(of the pyramid)

Page 29: The Future of Innovation

What else is changing?

Possession Access

Having/Owning Being/using

SedentaryNomadic

(again)

PayingFree

(apparently)

Infinite

Recycling/Reuse

Resource

Constraints

VirtualPhysical

(but not the same)

Page 30: The Future of Innovation

What else is changing?

2010-06-24 30

From now on, all Innovation

will be social, because…

“Business cannot survive in

a society that fails” - Feike

Sijbesma (DSM)

Page 31: The Future of Innovation

What else is the same?

2010-06-24 31

Innovations thrives in a

world of (material/social)

constraints…

--- energy – precious metals – water ---

Page 32: The Future of Innovation

What else is the same?

2010-06-24 32

The crises

(and the opportunities)

are ahead of us

Page 33: The Future of Innovation

With a tip of the hat to Drew Marshall

(Primed Associates) from the #i2c collective