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Innovation- Staying AheadThe Ingredients for Success
Presented by,
Jeffrey KaplanManaging Director
THINKstrategies, Inc.
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.1
Defining Innovation
1. THE INTRODUCTION OF SOMETHING NEW.
2. A NEW IDEA, METHOD, OR DEVICE.
JMK = DREAMING THE (IM)POSSIBLE
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.2
Innovators of New Ideas, Methods & Devices
IDEAS
DEVICES
METHODS
Thinking Differently
New Ideas Create New Capabilities
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.4
Thinking Differently
New Methods Create New Industries
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.5
Thinking Differently
New Devices Create New Opportunities©2012, THINKstrategies, Inc. www.thinkstrategies.com p.6
Technology Innovation is Empowering
Democratization of Computing Power©2012, THINKstrategies, Inc. www.thinkstrategies.com p.7
The World is Being Driven by Software
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.8
Key Technology Innovations
Sharing
SaaS
Elasticity
Accessibility
Networking
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.9
Important Tech Innovators
What Innovators Have in Common
See Things Different
Problem Solvers
Unafraid of Failure
Evangelism
Competitive
Determination
Adaptive
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.11
Where is Innovation Born?
Creative Atmosphere
Academic Environment
U.S. Innovation Centers
Density
Energy
Proximity
Major Companies Breed Innovators
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.14
Making Innovation Hip
Convergence of -
Music
Technology
Media
Austin, TX
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.15
What Entrepreneurs Need
Collaborative Environment
Community Funding
Education Encouragement©2012, THINKstrategies, Inc. www.thinkstrategies.com p.16
Where is Innovation Born?
Government PoliciesIreland Software
India Services
Israel SecuritySolutions
Language & Communications
SpecializedSkills
Where is Innovation Born?
EngineeringSouthKorea
ElectronicsAutomotive
Vietnam SoftwareDevelopment
ChinaLow-Cost
Manufacturing
SocialistMarket
ForeignCapital
Globalization – Good News, Bad News
Bad News –Greater Competition
Good News –Worldwide Opportunities
Eliminating the Barriers to Entry
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.19
Becoming a Market Leader
U.S. India
South Korea
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.20
Fostering Innovation
Creating a Breeding Ground for Innovation =Investment + Information Infrastructure
Culture
Cultivation
Collaboration
Communications
Education
Enablement
Ecosystem
Economies
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.21
Steps to Success in SaaS/Cloud
Create simple solutions.
Encourage customer input.
Develop frictionless processes.
Build monetization engine.
Target business inefficiencies.
Land & Expand
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.22
Monitor, Measure, Manage
Capitalize on Analytics
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.23
ConvertData
IntoBusiness
Intelligence
Putting Together the Right Pieces
Government Policies Economic Development Programs Public/Private Sector Partnerships
Corporate Investments Academic Training
Professional Associations Promotional Campaigns
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.24
Createthe
RightAtmosphere
What to do Next
Create an ongoing forum.– Virtual network– Regular gatherings– Online Idea Exchange
Foster collaboration & competition.– Awards programs– Incubators & mentor programs
Promote your success.– Local, regional & international
outreach programs.
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.25
Good Luck!
©2012, THINKstrategies, Inc. www.thinkstrategies.com p.26
Contact Information: Jeff Kaplan, Managing Director, jkaplan@THINKstrategies.com
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