stay tuned in hr, bucharest, adapt or die! ilie i. dragan
TRANSCRIPT
or …
DIE!
ADAPT
Ilie I. Drăgan DBAc, MBAs, PMP
new perspectives ?
idea is not invention
product means relationship (complexity)
markets redefinition
power of information
crisis as opportunity
Charles Darwin
"It is not the most intellectual of the species that survives;
it is not the strongest that survives;
but the species that survives is the one that is able best
to adapt and adjust to
the changing environment in which it finds itself."
Where does the progress come from ?
actual challenges
technology
consumers
new business models
non-market forces
aggressiveness
market as a jungle
is your organisation prepared?
new dynamic capabilities
digital solutions
consumer engagement
information processing
market dynamics
change as normality
digital solutions
synergic with operational excellence (SMACIT)
I/T - competitive advantage or the “new rule”?
who’s your CTO? what’s his/her responsibility?
target nodes, influencers & user communities
“digitally yours”
consumer engagement
more educated customers
sophistication - evolving needs & expectations
“consumers” easily targeted by competition, suppliers or substitutes
unpredictable or predictable behaviour
“no one survives without food”
information processing
data revolution
capturing data at the point of origin
research is a must
information is the real competitive advantage
open vs. closed innovation
“there is danger everywhere”
closed vs. open
Source: Chesbrough 2003
market dynamics
continuous pressures on markets
uncover needs and create markets
create, claim and preserve your new markets
disruptive innovations from other industries
“no one is safe in the jungle”
change as normality
anticipate
shape your environment
embrace challenges
change process as “reinventing constant”
change actions develop your response capabilities
“no one sleeps in the jungle”
Source: D Kirsch, 2003; adapted by M. Ventresca & V. Seidel 2008
innovation ecosystem
PRODUCER vs. USER innovation
INCREMENTAL vs. DISRUPTIVE
dependency - industries, markets, supply chains
experiment
co-opetition
innovation is everyone’s business
have the right attitude
identify and provide new skills to employees
improve processes
reinvent relationships on value chains
strategically integrate supply chains
innovation is everyone’s business
observe integration and disintegration of industries over time - momentum is an asset
adapt your governance (P-M-O-C system)
systematically look for it - bring it to operations
create synergies throughout the ecosystem
Advanced Program in Strategy & Innovation
Modul I - Strategic frameworks
Modul II - Markets’ evolution
Modul III - Innovation ecosystem
Modul IV - Developing innovation capabilities
Modul V - Innovation in action
Questions ?
THANK YOU!