mining for diamonds in your backyard
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TRANSCRIPT
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Mining for Diamonds in Your Backyard
This presentation is made freely available. If you use any information,
please attribute it to John Warner, InnoVenture LLC.
To inquire about John Warner presenting to your group, contact him at
[email protected] or 864-561-6609.
You can find more information about participating in upcoming InnoVenture
Forums and Conferences at InnoVentureSoutheast.com
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John Warner
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Mining for diamonds in your backyard
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February 10
39 Daysuntil Google On Main!
“We’re planning to build and test ultra high-speed broadband networks in a number of trial locations across the United States”
“We’re planning to build and test ultra high-speed broadband networks in a number of trial locations across the United States”
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John invites several colleagues, including Aaron von Frank to discuss Google fiber to home RFP.
6
February 22
27 Daysuntil Google On Main!
Yeah. Not sure what this has to do with
Google, but what the heck… .
Yeah. Not sure what this has to do with
Google, but what the heck… .
Hey, it’s the InnoVenture and Swamp Fox guy!
Hey, it’s the InnoVenture and Swamp Fox guy!
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John creates a Google document asking how to achieve key objectives.
Aaron envisions Google On Main:
7
February 28
21 Daysuntil Google On Main!
“On Saturday March 20, 2010 Greenville citizens are going to form the world’s first and longest human Google chain in history.”
“On Saturday March 20, 2010 Greenville citizens are going to form the world’s first and longest human Google chain in history.”
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Aaron called a meeting of young creatives at Orange Coat International Headquarters
8
March 3
17 Daysuntil Google On Main!
Glow sticks would be cool!
Glow sticks would be cool!
We Are Feeling Lucky! We Are Feeling Lucky!
You’re crazy!You’re crazy!
Google sites & services! Google sites & services!
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Few Small Problems To Overcome:
• No public announcement / zero public awareness • No website or social media presence• No money, no permission, no insurance• The city says it is impossible to do in the time frame
9
March 7
13 Daysuntil Google On Main!
You’re crazy..You’re crazy..No prob. Just get me some coffee.
No prob. Just get me some coffee.
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Inspired conversations among colleagues…
10
March 11
9 Daysuntil Google On Main!
22222222222
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Make sure the city will let us submit permits if we meet their requirements
11
March 12
8 Daysuntil Google On Main!
Mayor White’s response:“I’ve got your back.”Mayor White’s response:“I’ve got your back.”
Aaron to Mayor Knox White: “I guarantee you that I will turn this into a (safe, family-friendly) spectacle that will be seen around the country and around the world.”
Aaron to Mayor Knox White: “I guarantee you that I will turn this into a (safe, family-friendly) spectacle that will be seen around the country and around the world.”
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12
March 13
7 Daysuntil Google On Main!
Find an organization to cover the $millions in insurance required.
Find an organization willing to submit our permits.
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13
March 15
5 Daysuntil Google On Main!
Raise $4,500 in 24 hours to cover costs. Order port-o-johns and medical personnel.
Email from John to colleagues: “Aaron indicates he needs a budget of about $4,000… I am writing to ask if you will join me… ”
Email from John to colleagues: “Aaron indicates he needs a budget of about $4,000… I am writing to ask if you will join me… ”
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14
March 16
4 Daysuntil Google On Main!
“Notify” Main Street businesses about Google On Main.
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Aaron orders his first helicopter (little nervous that Visa fraud alert didn’t call about this - or the 2,200 glow sticks for that matter).
He also releases the GoogleOn Main “Instructional Video”.
15
March 18
2 Daysuntil Google On Main!
Arrange for the video and photography
Identify and train the volunteers
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2,200 people start coming out to play.• Missing sign in sheets & volunteer who printed them.
• Can’t communicate between Falls Park & the Peace Center.
• Encouraging text messages among team:
– “No cops are here! The park is still full of people!”
– “We’re not ready yet. Stall!”
16
March 20
0 Daysuntil Google On Main!
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Greenville to Google:“We’re feeling lucky!”
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“Thousands of people assembled in Greenville clutching their colored glow sticks…”
“Thousands of people assembled in Greenville clutching their colored glow sticks…”
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How do you mine for diamonds in your backyard?
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Be an artist
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Be an artist Find the artists
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Envision The Future
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Identify Your Champions
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Script The Process
US ConstitutionUS Declaration of Independence
Vision Process
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Celebrate Diversity
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Grow Trust With Your Colleagues
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Engage Your Community
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Food
Shelter
Clothing
Our City
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Food
Shelter
Clothing
Our City
Food
Shelter
Clothing
Food
Shelter
Clothing
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Our City
Food
Shelter
Clothing
Food Food
Shelter
Clothing
Food
Food
Food
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Our City
Food Food
Shelter
Clothing
Food
Food
Food Shelter
Food
Clothing
Shelter
Shelter
Shelter
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Our City
Clothing
Clothing
Clothing
Clothing
Food
Food
Food
Food Shelter
Food
Clothing
Shelter
Shelter
Shelter
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Our City
Food
Food
Food
Shelter
Food
Clothing
Shelter
Shelter
Shelter
Clothing
Clothing
Clothing
Clothing
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Our City
Food
Food
Food
Shelter
Food
Clothing
Shelter
Shelter
Shelter
Clothing
Clothing
Clothing
Clothing
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Our City
Food
Food
Food
Shelter
Food
Clothing
Shelter Shelter
Shelter
Clothing
Clothing
Clothing
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Our City
Food
Food
Food
Shelter
Food
Clothing
Shelter Shelter
Shelter
Clothing
Clothing
Clothing
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Our City
Food
Food
Food
Shelter
Food
Clothing
Shelter Shelter
Shelter
Clothing
Clothing
Clothing
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Plato’s City
One man is a farmer, another a builder, one a weaver. There are diversities of natures among us adapted to different occupations.
All things are produced more plentifully and easily and of a better quality when one man does one thing which is natural to him and leaves other things.
Plato, The Republic, 360 BC
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InnovationCreating value at the intersection of
evolving customer needs and evolving technical capabilities.
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+SanDisk
MP3 PlayerNapster
Online Music
Tony Fadell had the idea of combining an MP3 player with an online music library.
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+SanDisk
MP3 PlayerNapster
Online Music
Tony Fadell had the idea of combining an MP3 player with an online music library.
MP3 companies were not in the
software business
Music companieswere not in the
hardware business
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SanDiskMP3 Player
NapsterOnline Music
Steve Jobs understood that this created a new market for personal portable music.
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Innovation
1 organization
UnmetCustomer
Needs
DiverseCapabilities
9 potential combinations
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Closed Innovation
3 organizations
27 potential combinations
UnmetCustomer
Needs
DiverseCapabilities
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Open Innovation
Exponential Explosion of Opportunity
3 organizations
81 potential combinations
UnmetCustomer
Needs
DiverseCapabilities
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Creative Tension
DiversityDrives
Growth
SpecializationDrives
Productivity
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Operational Excellence Secures the Present.
Innovation Excellence Secures the Future.
Roger MillikenROGER MILLIKEN
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The creation of new growth businesses is
where quality was 30 years ago. We can
understand the variables that effect the
success of new businesses and succeed
with much higher probability than has
historically been the case.
Clayton Christensen, Harvard Business School
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Who is the customer, and what are they trying to do that is difficult, expensive, or inconvenient?
Customer ProfileVegetarian 52%
Low fat 25%
Low cholesterol 19%
Low carbohydrate 14%
Low salt 15%
Vegan 15%
Macrobiotic 7%
“Half of your customers are vegetarians?”
“Half of your customers are vegetarians?”
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What is the vision large enough to attract the talent and resources to realize it?
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StoreDepart- ments
Merchan-dising
StoreDesign &Location
Retail ITSystems
VendorRelation-ships
CommunityRelations
AssociateTraining
CustomerEducation
Natural& Organic
Food
What is 100% of what is required to completely satisfy the customer?
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What are the specific, measurable milestones that must be achieved to deliver the solution?
Store LocationsGeorgiaAthens, GA
North CarolinaAsheville, NCAsheville, NC (South)Boone, NCCharlotte, NC (Ballantyne)Charlotte, NC (South Park)Greensboro, NCRaleigh, NC (Brier Creek)
South CarolinaCharleston, SCColumbia, SCGreenville, SC
TennesseeChattanooga, TNJohnson City, TNKnoxville, TN
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Jim Cockman Chairman, Sara Lee Food Services Division
Marsh Collins CEO, Bi-Lo
Joe Pearce CEO, PYA Monarch
Max Lennon President, Clemson University
Bill Burton CEO, Cafes Enterprises (Fatz Restaurants)
Roger Derrough Founder
John Warner, Chairman President of Capital Insights
Who is the leadership with a successful track record of doing what is required?
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Who is the leadership with a successful track record of doing what is required?
Mike Cianciarulo CEO
Gary Jones, CPA VP & CFO
Jim St. Charles VP-Real Estate/Construction
Lucinda Austin Director of Human Resources
Chris Darling Director of Operations
Troy DeGroff Director of Sales & Marketing
Bonnie Cathey, CPA Director of IT
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What resources are required, and where will they come from?
1997 One store and $7 million in revenueOpen second store in Charleston South Carolina $ 750,000
1998 Acquire of third and open fourth storeRecruit Mike Cianciarulo as CEO 1,600,000
1999 Co-invest with outside investorsRecruit Gary Jones as CFO 750,000
3,100,000
2006 Fourteen stores and $100 million in revenue$50 million sale to Monitor Clipper PartnersDistributions to Capital Insights $17,200,000
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World’s 8th Largest Mega Region
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Michael Bolick, CEO of Selah Technologies:
When Matt Gevaert presented Clemson’s carbon dot technology, I sat up in my chair and wondered who else was taking notes.
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©Lab21 May 2010
LTD INC
• New US Headquarters
• Expanded US Research and Development
• New Personalized Medicine Focused Laboratory
• New Products Distribution / Manufacturing
UK Parent US Startup N American HQ
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in Greenville
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Let’s go diamond mining!
Forums presented by Diamond Anchors Product Visualization presented by SiMTIT as a Career presented by CESMAdvanced Materials presented by MichelinNanotechnology presented by NanoCenterAlternative Energy presented by MillkienSmart Homes presented by Sealed Air
InnoVenture Southeast 2010 Conference