the implementation dilemma - dr. munib karavdic, amp financial & jon campbell, continuum
TRANSCRIPT
Dr. Munib Karavdic| AMP | @munibkaJon Campbell | Continuum | @jhcamb
The Implementation Dilemma:Building a Sustainable Growth Engine
October 2nd, New York City
The Implementation Dilemma
The Implementation Dilemma
Building a Sustainable Growth Engine
Dr Munib KaravdicAMP, Director of Design & InnovationConjoint professor at UNSW
@ munibka
Jon CampbellContinuumVP, Customer Experience & Innovation Capability
@ jhcampb
Disrupt or be disrupted
Hire aConsultancy
InnovationToolkits
Accelerator Partnerships
Hire Designers
Crowdsourcing
In-house Incubators
Design Thinking Training
Corporate Venturing
Innovation Centers & Labs
Action ≠ Outcomes
Established companies underestimate their ability to create or acquire new ideas and overestimate their ability to implement new ideas.
Incremental Change Cold Fusion
The Scary Zone
A B C D
Incremental Change
The Scary Zone
Cold Fusion
Scary Zone ideas are hard to implement.
measures for success
based on time & budget
organizational constraints
expensive approach
focus on wrong problem
The Implementation Dilemma
Traditional approach for implementing
Business Case
Risk Management
? $?
A New Way of Implementing
$$$$?
Risk Management Business
CaseCustomer Case
?
The Implementation
Solution
Established companies don’t need to be enemies of innovation.
Implementation Pod
DL
Core Team
Extended Team of SMEs
BL$$$$?
Risk Management Business
CaseCustomer Case
Critical elements of a pod
an empowered team physical space
approach and tools
Empowered Team
Offer Owner
No signoff required!
BusinessDesign
ProductMarketing
Digital Func
tion
al L
eade
rs
DL BL
ChiefInnovation
Officer
SubjectMatterExpert
Bank Sales &
Marketing
Consumer Insights Expert
Client-side Designer
Director of Retail
Insurance
Bank Operations
Empowered Team
Physical Space
Beha
vior
Per
cept
ion
Space
Feels DifferentLooks the Same
Feels DifferentLooks Different
Feels the SameLooks Different
Source: DEGW
No Change
Physical Space
Front EndDesign-Led Core Team
Back End Business-Led
Extended Team
time
leve
l of o
wne
rshi
p
Frame Understand Ideate Prototype Scale
Approach and Tools
DL BL
What enables a pod
training new risk appetite:-?
radical transparency
Training
New risk appetite
measure ROL
high fidelity front-end, low
fidelity back-end
place small bets with market
tests
outline leadership’s risk
tolerance
Radical transparency
DL BL
The Ripple Effect
Panama Canal Lock
DL BL
New Ideas Core Business for Scaling
Implementation Pods
Incremental Change Cold Fusion
A B C D
The Scary Zone
Incremental Change Cold Fusion
A B C D
The Scary Zone
Dr Munib KaravdicAMP, Director of Design & InnovationConjoint professor at UNSW
@ munibka
Jon CampbellContinuumVP, Customer Experience & Innovation Capability
@ jhcampb
Thank you.