Disruptive innovation bootcamp within corporates (by Dany Robberecht)

1.2 Disruptive innovation bootcamp within corporates

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Template presentation Innovation Day 2016 CONFIDENTIAL

DISRUPTIVE INNOVATION BOOTCAMP WITHIN CORPORATES

Dany RobberechtDirector Consulting [email protected]

TRACK 1: STARTUP SPIRIT


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HAVE YOU SEEN IT TOO?A little quiz …


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http://www.google.be/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwiBj5qn-dTPAhVG2BoKHcGQDeAQjRwIBw&url=http://bluenove.com/blog/pg-connect-develop-une-experience-emblematique-dopen-innovation/&bvm=bv.135475266,d.d2s&psig=AFQjCNGHenmVjKcN8adWk25qSnLiR3w8dw&ust=1476350750030692

http://www.google.be/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwiBj5qn-dTPAhVG2BoKHcGQDeAQjRwIBw&url=http://bluenove.com/blog/pg-connect-develop-une-experience-emblematique-dopen-innovation/&bvm=bv.135475266,d.d2s&psig=AFQjCNGHenmVjKcN8adWk25qSnLiR3w8dw&ust=1476350750030692


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3

IF YOU LIKE SOME FACTS …

New accelerators per month in Europe

67 New initiatives in 2015 around the world

ACCELERATORS ONLY!

Source: Global Accelerator Report 2015 by GUST


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ARE YOU READY FOR TAKEOFF?Need to understand disruption first …


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WE TRY TO SOLVE IMPORTANT PROBLEMS IN OUR LIVES

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AND WE FIND VERYDIFFERENT WAYS TO SOLVE THEM …

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TO REACH EXPONENTIAL GROWTH …

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… AT A MUCH LOWER COST

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Low cost disruption

(overserved)

PERF

ORM

ANCE

New market disruption

(unserved)TIME

PERF

ORM

ANCE

PRODUCT PERFORMANCE EVOLVES OVER TIME …

GOOD ENOUGH

Bird drone removal

TIME

Phone camera


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DISRUPTIVEINNOVATION ENABLERS

NEW TECHNOLOGIES NEW EARNING MODELS

NEW VALUECHAINS


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THE CORPORATE CHALLENGE


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They question the status quo with out of the box technologies and ways of dealing with a problem based upon beliefs

THE CORPORATE ENVY

You can rely on proven processesand tools

They make business plans on the fly, by trial and error, adaptive to changing situation

They test new technologies quicklywithout jeopardizing the brand value

You have documented proof of principles

You follow a plan towards successful contract negotiation

but …


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Need access to the market

THE START UP FRUSTRATION

You have a lever in the market

Lack a mature development plandelivering repeatable quality

No or almost no clue about the IP landscape

Seek a sustainable competitive advantage

You have processes to derisk

You have often a strong position in the IP landscape

You know how to remain and leadin the market

but …


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WHY UBERHAUPT ISOLATED?

Extra muros

FIT WITH VALUESFI

T W

ITH

PR

OCE

SSES

“Need for a dedicated infrastructure”

FUNCTIONAL ORGANIZATION

GENERALMANAGER

LINEMANAGERS

FUNCTIONALSTAFF


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Fuel corporate pipeline with existing external venturesmaking use of state-of-the-art technologyrapidly develop meaningful technology demonstration

THUS INNOVATING LIKE A START UP MEANS

BECOME IN THE KNOWN …ECOSYSTEM OPEN

INNOVATION STRATEGIC

WATCHDISRUPT YOUR

SELFTRAINING &

CULTURE


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OTHER REASONS TO START BOOTCAMPING

• Companies seek for high-potential employees to lead them into the future

• Companies have a social responsibility showing that they do something good for society

• You need a window on the world

• It is simply faster if you bring it out-of-your box

• Sometimes it has conflicting values or does not fit into the growth of the business unit

• Often people need to come physically together to work in an integrated way

ARE YOU READY FOR A CHANGE?BOOTCAMP.


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USING THE LANDSCAPE AT BEST …


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WOW! INFRASTRUCTURE IS IN PLACE …

ACCELERATORSprint based process

INCUBATOR

FUNDS

BOOTCAMPGetting the entrepreneur

ready (HR)

HACKATHONGetting the idea ready

(crowd sourcing)

COACHESMake you pivot


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TO FAST TRACK AN IDEA TO BUSINESS …

Is the problem important?How will you solve it?

ProblemSolution fit

Focus on key briefs/KPI’s that make/break your plan to scale

Business modelScale fit

Are you able to make it happen as a team/organization?

VisionDuct-taped concept

Validation of assumptions with a minimum viable product

ProductMarket fit

Adapted from www.startupcommons.org.

success=ƒ(empathy, concept, perseverance)


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TREND TOWARDS CONSOLIDATION …

ProblemSolution fit

VisionDuct-taped concept

ProductMarket fit

Business modelScale fit

ADJA

CEN

CIES

CORE


HACKATONS ACCELERATORS

Integration in the corporate

INNOVATION FOUNDRIES

BOOTCAMPS CROWDSOURCING

INCUBATORS

ANGEL MONEY

GOVERNMENT FUNDS FOR TECH INITIATIVES

CORP. VENTURE FUNDSIntegration in the corporate


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YOU WILL NEED TO GET THE RIGHT INSTRUMENTS IN PLACE

ProblemSolution fit

VisionFounders fit

ProductMarket fit

Business modelMarket fit

FLAN

KER

END

CORE


HACKATONS

Integration in the corporate

ACCELERATORS

INNOVATION FOUNDRIES

BOOTCAMPS CROWDSOURCING

INCUBATORS

ANGEL MONEY

GOVERNMENT FUNDS FOR TECH INITIATIVES

CORP. VENTURE FUNDSIntegration in the corporate

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The venture capital secret: 3 out of 4 start-ups fail.HARVARD BUSINESS SCHOOL

We estimate that only one in 500.000 businesses will grow to 100M USD in a decade.

BAIN & COMPANY

New products success rate is 15% for consumers, 30% for industrial.

GEORGETOWN UNIVERSITY


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VALUE PROPOSITION

VIABILITY & GO TO MARKET

DEMONSTRATION

STRATEGIC DESIGN & DOC.

PROTO TYPE DEVELOPMENT

START UP APPLICATION

CALL-WEBSITE

HACKATHON

QUALIFICATION & PILOTIP POSITION FEASIBILITY

TECH. DEV.

MARKET TESTING COMMERCIAL INTRODUCTION

FUNDING FUNDING FUNDINGFUNDING

IN FACT MIXED PROGRAMS EMERGE …

Currently a search on how to converge agile startup methods with proven corporate ways of doing things

SELECTION


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LOOKING INTO OUR OWN NETWORK WE SEE …

80% headquarters in their native countries

Mix of private/public funding

What is an appetizing location?


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CAN YOUR BOARD MANAGE?

In our practice we see some pitfalls

• Offer these teams access to knowledge and insights, butdon’t even dream to think of a solution …

• Give space to incubate learn and grow, butironically it’s hard to stay under the radar

• Allow to disrupt processes to preserve a quick result, butif you need to scale quickly then adopt the venture again

• Embrace external talent with novel competences, butfuel them with your business knowledge …


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CONCLUSIONS

YES! Acceleration bootcamps, funding schemes and other innovation instruments help to make disruptive innovation more agile.

BUT

• Need for integrated approach / toolchain

• Need for international network

• Need to be aligned with the corporate innovation agenda

• Be aware how to implement it in the organization


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