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AGENDA. Introduction Innovative – Network centric Organization (25 Mins) E-SIGNs (20 Mins) Macy*s East (Rest of the Day). Innovative Networks. Network Of Space Innovators. All Aboard!. Roundtrip To Space: $15,000. Geeta Bhat. Jeff Osmanson. Theme.
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AGENDA • Introduction • Innovative – Network centric Organization (25 Mins) • E-SIGNs (20 Mins) Macy*s East (Rest of the Day)
Roundtrip To Space: $15,000 Geeta Bhat Jeff Osmanson
Theme Aggressive firms can outsmart competitors by networking internal and external innovation capabilities
Agenda • Innovation Networks in action • Lessons from early adopters • FSG_E-SIGN Innovative Network
Forrester Defines Innovation As Occurring When inventions intersect business processes and change the way something is done, experienced, or created
A New Approach To Innovation S T Old Model New Model
A New Approach To Innovation Innovation Networks Monolithic Innovation Governance Top-down control Symbiotic partnerships Corporate ethos Not invented here Best from anywhere Attitude toward IP Own and protect Share and expand Innovation processes Flexible Rigid Customer experience Success metrics Patents Passive users Active co-innovators Role of customers
T S Financier Inventor Transformer
Innovation Networks S S T T Inventor Transformer Financier
Innovation Networks S T Inventor Transformer Financier Broker
Innovation Networks In Action: GE • Organic annualgrowth target: 7% • “Imagination AtWork” -- to delivercustomer value • Innovation focus:product, service,business process
Innovation Networks In Action: GE When inventions intersect business processes and change the way something is done, experienced, or created
Innovation Networks In Action: GE When inventions intersect business processes and change the way something is done, experienced, or created
Innovation Networks In Action: GE Engineering Graduates China 195,354 India 129,000 Russia 82,409 U.S. 60,914
Innovation Networks In Action: AMD “We want to develop new products to serve the 5.5 billion people in the world not yet connected to the Internet. Underdeveloped nations are a market that we must try to serve: it’s not altruism, but a money-making opportunity.” Hector Ruiz President and CEO AMD
Innovation Networks In Action: AMD “We are not in the business of inventing technology, but innovatingwith technology. We want to partner with [external] service providers to develop products that serve global customers’ needs .” Hector Ruiz President and CEO AMD
Innovation Networks In Action: AMD Macromedia Microsoft Solectron Samsung Seagate Personal Internet Communicator (PIC)
Innovation Networks In Action: AMD Geo-Sensitive Ecosystem INDIA
Theme Aggressive firms can outsmart competitors by networking internal and external innovation capabilities
Lesson 1: You Don’t Need To Invent To Innovate • Knowledge is NOT powerFinding and sharing knowledge is power • Patents are NOT an indicator of innovation • Smart firms will trade ideas with competitors
Migrating To Innovation Networks: E-SIGN/FSG E-SIGN – ECO System SENOR/SONY FDS FSG E-INK Nivis MOTOROLA E-SIGN Taylor and Chu Posiflex Zone24x7 STRATIX IBM/Symbol
Summary • Aggressive firms are adopting Innovation Networks today to grow their revenues • Early adopters are obsessed with customer collaboration and finding the right roles for them in Innovation Networks • You can’t control an Innovation Network -- but you can seed and nourish its evolution • E-SIGN / FSG Will control this NW! Thank You