IMAGINATION INNOVATION - European Financial Congress · ABBOSH Chief Strategy Officer @omarabbosh...
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ABBOSH Chief Strategy Officer @omarabbosh IMAGINATION INNOVATION Retail Banking Congress November 22, 2017
Transcript of IMAGINATION INNOVATION - European Financial Congress · ABBOSH Chief Strategy Officer @omarabbosh...
ABBOSHChief Strategy Officer@omarabbosh
IMAGINATION INNOVATION
Retail Banking CongressNovember 22, 2017
1997
GATTACA
Source: Marin County Civic Center, All rights reserved
1997
GATTACACRISPR
Source: Marin County Civic Center, All rights reserved
STAR WARS1977
Source: Star Wars (1977), LucasFilm, Boston Dynamics, All rights reserved
STAR WARS1977
BOSTON DYNAMICS
Source: Star Wars (1977), LucasFilm, Boston Dynamics, All rights reserved
KNIGHT RIDER1982
Source: Knight Rider (1982 – 1986), NBCUniversal Television, All rights reserved
Source: Knight Rider (1982 – 1986), NBCUniversal Television, All rights reserved
8Source: HER (2013), Warner Bros.; “Sophia”, Hanson Robotics, All rights reserved.
HER
2013
9Source: HER (2013), Warner Bros.; “Sophia”, Hanson Robotics, All rights reserved.
10
1990
TOTAL RECALL
Source: Total Recall (1990), TriStar Pictures, All rights reserved.
11Source: Total Recall (1990), TriStar Pictures, All rights reserved.
How? Logarithmic cost reduction
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
100.0
10.0
1.0
Genome sequencing cost ($US/genome)
3d printing machines ($US/machine)
Electric vehicle battery pack ($US/kWh)
Global bandwidth Costs (US$/1000 MBps)
Global PV module prices ($US/W)
Cloud storage costs ($US/GB per month)
Cost index, 2000 = 100
Sources: Accenture Research estimates
0.5
Commercial/military drone minimum prices ($US/unit)
Innovation disrupts through “big bangs”… Or simple “compressions”
Telecoms
$0
$200
$400
$600
$800
$1 000
$1 200
$1 400
$1 600
$1 800
$2 000
2002 2004 2006 2008 2010 2012 2014 2016
Revenue EBITA
Roadmap for Success
Digital High Performers succeed at turning their digital investments into tangible financial results
Sources: Accenture Research Digital Performance Index1Total sample = 343; across 8 industries
Total Shareholder Return Trends — Dividend Adjusted Share Price, 2006–2016 (indexed starting with
2006 at 100)
0
100
200
300
400
500
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Div
ide
nd
Ad
juste
d S
ha
re P
rice
Digital High Performers Business Leaders
WISE PIVOT
TRANSFORM THE
CORE
GROW THE
CORE
SCALE THE NEW
Roadmap for success
TRANSFORM THE CORE
GROW THE CORESCALE THE NEW
WISE PIVOT
TRULY HUMAN
START UP ECOSYSTEMDRISHTI
ID2020
Rebooting Responsibility
FOUR ELEMENTS OF
ROTATION TO THE NEW
INNOVATION IS AVAILABLE
TO ALL @ LOW COST
C-LEVEL COURAGE IS
THE SECRET INGREDIENT
INNOVATION MEETS OLD
BUSINESS MODEL = DISRUPTION
SCIFI IS HERE TODAY GLUED TO THE
CORE BUSINESS
INNOVATION& COURAGE
…CAN ACHIEVE ANYTHING
ABBOSHChief Strategy Officer@omarabbosh
