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Innovation v Invention

What I have learned from my peripatetic lifestyle

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Enablers

Inhibitors

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0 0 0 0 ?What is the topinhibitor and thetop enablerin your world

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You are underthe same

constraints

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You are atthe same level of maturity

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You aresolving the

same puzzles

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But!Change has

changed

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0 0 0 0 ?Which historicalage does ourtime most closelyresemble

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Middle ages• Innovation every 100 years• World order changes every 250 years

Industrial age• Innovation every 50 to 20 years• World order changes every 100 years

Digital age• Innovation every 5 years• World order changes every year

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“The trouble with our times is that the future is not what it used to be”

Paul Valery

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Fortune

Companies in 1935 stayed on

the list for 90 years on average

Today the average is 15 years

Kurzweil

“Scientists will become a million

times more intelligent, will

operate a million times faster and a hour [of time] will result in a century

of progress”

Harvard

“What is not good enough changes”

Clayton Christensen

• 69% of CEO’s think that the only vertical market that matters is innovationMarkets

• 78% of CEO’s think that their business models have to changeModels

• 82% of CEO’s expect IT to drive the re-invention of the businessMethod

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0 0 0 0 ?What is the differencebetween inventionand innovation

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Invention turnscash into ideas

Innovation turnsideas into cash

Kevin Parker

Founder, Futurist

570 El Camino Real #150-310Redwood City CA 94063 USA

kevin@BizTechFuturist.com+1 650 224 1691+44 7522 222364

www.BizTechFuturist.com

Answers