applied innovation for the unorganization
TRANSCRIPT
Applied Innovation for the Unorganization
Lanny S. Cohen | Group Chief Technology Officer | Capgemini
Applied Innovation changes everything
Check your pre-conceptions at the door
Startup investment in 2015
$7.5billion
21%905 deals with startups
Total business deals 2015
SOURCE: Thomson Reuters data published by PwC
startups in the San Francisco Bay area
17,000+
of startups fail inthe first year
new innovation centers opened over the past
6 months in 20 countries
56 80%
SOURCE: Thomson Reuters data published by PwC
Annual spend on R&D
$650billion
of new consumer product
launches fail
are too slow to market
85% 90%
SOURCE: Thomson Reuters data published by PwC
This is a profoundly uncertain,perpetually disruptive marketplace
• 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
Faster Pace
Source
Impact
Disruptive and continuous innovation is the new normal
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
Ideas are currency.Knowledge is capital.
Innovation, brilliantly applied, is gold.
Speed Scale Safety Certainty
4 design principles are needed to address innovation today
Planned Measured Managed
Discipline Outcome
Innovation is not a random act
Business and IT alignment
Business model innovation and growth
Buyer sophistication and state-of-readiness
Getting started
Innovation is still not the whole story
Innovation without ironclad application is a bankrupt proposition
Discover Devise Deploy Sustain
A vigorous framework is needed to achieveApplied Innovation
Venturefunds Academia
Start-ups Private equity firms
PartnersInnovation experts
3rd partyR&D
A multi-disciplinary and open ecosystem
HighlyCollaborative
PerformanceFocused
Open inDesign
Domainexpertise
Proximity
Experiential based facilities
Inform Inspire Incite Ignite
Emotional engagement
"Digital Dynasties: The Rise of Innovation Empires Worldwide" by Capgemini Consulting & Altimeter
Key innovation center objectives driveApplied Innovation
Partnering with Ecosystem 51%
Product Innovation/Concept Development 28%
Enhance Customer Experience 13%
Improve Operational Efficiency 3%
Others 5%
The risks are real,yet the opportunities are immense
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
Digital native leaders
Established organizations adapting to change
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)
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
Applied Innovation changes everything
The information contained in this presentation is proprietary.© 2016 Capgemini. All rights reserved.
www.capgemini.com
About CapgeminiWith 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