Lanny Cohen - Applied Innovation for the Unorganization
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Transcript of Lanny Cohen - Applied Innovation for the Unorganization
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Applied Innovation for the Unorganization
Lanny S. Cohen | Group Chief Technology Officer | Capgemini
Applied Innovation changes everything
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Check your pre-conceptions at the door
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Startup investment in 2015
$7.5 billion
21%
905 deals with startups
Total business deals 2015
SOURCE: Thomson Reuters data published by PwC
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startups in the San Francisco Bay area
17,000+
of startups fail in the first year
new innovation centers opened over the past
6 months in 20 countries
56 80%
SOURCE: Thomson Reuters data published by PwC
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Annual spend on R&D
$650 billion
of new consumer product launches
fail
are too slow to market
85% 90%
SOURCE: Thomson Reuters data published by PwC
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This is a profoundly uncertain,perpetually disruptive marketplace
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• 52% from the year 2000 no longer exist
• The iPhone = extinction of 27 business models
• Uber is 7 years old, valued at over $66 billion
• Snapchat valued at $10 billion after 4 years
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Faster Pace
Source
Impact
Disruptive and continuous innovation is the new normal
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Culture
Talent Process
RiskTolerance
The Traditional Organization
Hierarchical decision-making
Efficiency overinnovation
Failure is not allowed
Innovation through R&D
Most organizations are ill-equipped to foster innovation
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Ideas are currency.Knowledge is capital.
Innovation, brilliantly applied, is gold.
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Speed Scale Safety Certainty
4 design principles are needed to address innovation today
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Planned Measured Managed
Discipline Outcome
Innovation is not a random act
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Business and IT alignment
Business model innovation and growth
Buyer sophistication and state-of-readiness
Getting started
Innovation is still not the whole story
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Innovation without ironclad application is a bankrupt proposition
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Discover Devise Deploy Sustain
A vigorous framework is needed to achieve Applied Innovation
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Venturefunds Academia
Start-ups Private equity firms
PartnersInnovation experts
3rd party R&D
A multi-disciplinary and open ecosystem
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HighlyCollaborative
PerformanceFocused
Open inDesign
Domainexpertise
Proximity
Experiential based facilities
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Inform Inspire Incite Ignite
Emotional engagement
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"Digital Dynasties: The Rise of Innovation Empires Worldwide" by Capgemini Consulting & Altimeter
Key innovation center objectives drive Applied Innovation
Partnering with Ecosystem 51%
Product Innovation/Concept Development 28%
Enhance Customer Experience 13%
Improve Operational Efficiency 3%
Others 5%
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The risks are real,yet the opportunities are immense
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Culture
Talent Process
RiskTolerance
Engagingand open
Applied Innovation as core competency
Reward experimentation
Agile and fast
The Unorganization
The unorganization enables today’s Applied Innovation
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Digital native leaders
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Established organizations adapting to change
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Framework
Ecosystem
Exchanges
Insight
Engagement
Technology COEs
Applied Technology Platform
Technology Consulting Group
IP Protections
Innovation Ecosystem
Research & Innovation
Knowledge Managementand Collaboration
Marketing
Governance
Platform Infrastructure
Applied Innovation at Capgemini
Applied Innovation Exchange (AIE)
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Looking Ahead
Pace Accelerates
Experience Economy
Cognitive Thinking
Machine to Machine/
Automation
Collaborative Future
TrustEconomy
Processeson the Fly
Analytics Everywhere
Millennials Dominate
Need to act
Define Immerse
Calibrate Align
Engage Experiment Execute
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Applied Innovation changes everything
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The information contained in this presentation is proprietary. © 2016 Capgemini. All rights reserved.
www.capgemini.com
About Capgemini
With more than 180,000 people in over 40 countries, Capgemini is one of the world’s foremost providers of consulting, technology and outsourcing services. The Group reported 2015 global revenues of EUR 11.9 billion. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model. Rightshore® is a trademark belonging to Capgemini