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A View of the Future: What it Means for Innovative Communities

A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

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Page 1: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

A View of the Future:What it Means for Innovative Communities

Page 2: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

HELLO!I am Jim StikeleatherI am here because I love to talk about the FUTURE!. You can find me at @stikeyoda [email protected]

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A little bit about me:BS CoSci TCUMBA USFDBA Candidate USFSerial EntrepreneurLarge Enterprise ExecutiveCEO / CTO / CIOChief Innovation Officer

Chief Innovation OfficerCouple of booksCouple of patentsSpeaker / BloggerGuest LecturerTrustee USF SystemOptimistic Curmudgeon

StudentTeacherAdvisorMentor

Horst, W. J. R. and M. W. Melvin (1973). "Dilemmas in a General Theory of Planning." Policy Sciences 4(2): 155.

Page 4: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

So… How does thisrelate to us???Let’s start with the FUTURE… But first a story

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Value in the Moment: The Serendipity Economy

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Into Transformation*

Atoms to electrons: The Frictionless Economy* You can’t go back

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Possibilities – New Ideas / Forward ThinkingForesight – Looking Outside and Anticipating

P E

E

SSocial Forces and Signals

T LLegislative Forces and Signals

Economic Forces and

Signals

Technological Forces and

Signals

Political Forces and Signals

Enviromental Forces and

Signals

DDemo-

graphics

• Economic is growth, finance rates, investment, employment, etc.

• Political is trade rules, competitive rules, stability, openness, freedom, etc.

• Technology is examined in terms of its usage patterns, potentials and possibilities. Actual technology forecasts are handled in Insight

• Social risk tolerance, familial ties, mobility, lifestyle, priorities, attitudes, etc.

• Legal is employment rules, contracts, consumer protection, corporate governance, etc.

• Environmental customer expectations, carbon, infrastructure, etc.

• Demographics cohorts, generations, frameworks / tribes

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Constraints (not limits) – Feasible / ViableInsight – Looking Inward and Projecting

IP D

R&D F

• Ours• Licensed• Pooled• In process

IP / Patents

• Internal• External• In process

Delivery Capability

• Research & Development

• Academic & Industry relations

R&D

• Acquisitions• Joint ventures• Sponsorships

Financial Capability

Courtesy:

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IP, patents

Insight MonitoringFrameworks & Scenarios

Innovation formarket challenges

Innovation for customer & delivery challenges

Relative innovation

Value challenges

Foresight Monitoring

Trends

Themes

Signals R&D

Standards, laws

Invest Execute

Plan ofinvestigation

Continualimprovement

Plan of intent

Plan of record

ResearchEducationConsulting

Training

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Looking at the futureThe future is not predetermined or predictable and future outcomes can be influenced by our choices in the present.

- Adapted from "The Three 'Laws' of Futures“ by Ray Amara, 1981Prediction attempts to determine precise futures.

Foresight allows for ambiguity in possible futures.

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Perfect information

Small Sample of Themes, Scenarios & Weak Signals

Consumerization

Freelance economy & Hollywood Model

Sharing economy

Utility computingCrowdfunding & P2P lending

Pervasivesimplification

Intelligent Everything

Technology does not cause change.It only enables, facilitates and

accelerates changes we already want to take

place.An old workforce,a new workforce

Regulations & cyber jurisprudence

Innovate to zero

Risk & security management

Local Manufacturing; 3D and 4D printing*

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Small Sample of Themes, Scenarios & Weak Signals

*See photo credits on attributions slide

Augmented reality Open innovation & Crowdsourcing

Sustainability* Advanced genomics*

Quantified Self*

Cryptocurrencies*Circular economy*

Reputation economy

Advanced robotics*

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Innovate to Zero

Macro Theme – Innovate to ZeroDriven by Mantras:∎Zero patience∎Zero price∎Zero failure∎Zero input∎Zero waste∎Zero accidents∎Zero breaches∎Zero limits on□Information□Depth

Graphic: Frost and Sullivan, “Mega Trends That Will Shape the Future of the World” By Krishna Srinivasan & Art Robbins, December 2010

…Zero Privacy?

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So, again… does this relate to us???Let’s move on to INNOVATION…

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Innovation is not invention

Invention is the process of taking capital and turning it into knowledge.

Innovation is the process of taking knowledge and turning it back into capital.

Innovation is the process that takes new ideas and implements them in a way that creates value by solving unmet needs.

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Innovation Forms

New ideas + Forward-thinking + Feasible + Viable + Valuable

Innovation is the process that takes new ideas and implements them in a way that creates value by solving unmet needs.

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Degrees of innovationBu

sine

ss m

odel

s an

d pr

oces

ses

Products and ServicesExisting

Exis

ting

New

New

ValueBreak-

through Innovation

DisruptiveInnovation

IncrementalInnovation

Break-through

Innovation

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So, again… does this relate to us???Let’s move on to Communities…

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BIGCONCEPT

Economics to Experiences

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Translation:Infrastructure: :Experience

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Leading to an Evolving Value Proposition for Cities

Market Innovation with New Business Models (customers)

Comprehensive Solutions

New Outcome Services

New Private / Public

BoundariesNew Markets New Ways to

Monetize

Sustaining Innovation for All Business Models (services)

Expanded Services Livability Creative Integrated Events

Efficiency Innovation for Core Business Model (infrastructure)

Cost of Living Safety Evidence based consensus

Citizen / Resident / Visitor Satisfaction

EVENTS EPISODESto

to PROACTIVEREACTIVE

{Transactions

}Relationships

Faster Better

Cheaper

New forms of

Value

Same Process

New ValueNew Process

Same Value

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* www.aei-ideas.org/2014/08/fortune-500-firms-in-1955-vs-2014-89-are-gone-and-were-all-better-off-because-of-that-dynamic-creative-destruction** www.technologyreview.com/view/519226/technology-is-wiping-out-companies-faster-than-ever

Future of the enterprise:

OpexUse/RentEcosystemsOpenServices

CapexOwnershipEnterpriseProprietaryProducts

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What do I do?

When you get home… 3 thoughts

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Innovation Maturity

Technologyneeds focused

Business-challenge oriented

Executive sponsorshipof innovation

Innovationcatalyst team

Ideation methodsand idea management

Allocation of timefor employees to innovate

Innovation labs,foundries, andother facilities

Alternative laborand organizational models

Embrace open innovation

Formal organization of business partners

Accidental Intentional

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Types of Crowdsourcing∎Searches□Specific ideas, wisdom, data, and lost and found items

∎Creative projects□Graphic design □Brainstorming for unconstrained ideas □Refinement of ideas

∎Challenges □Structured questions to create a deliverable

∎Project work□Microwork□Open source and competitive source

∎Funding□Venture capital from individuals

∎Crowdvoting, others…

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Hackathons – How they workHow they work:

• Real-time and asynchronous

• Tangible frameworks or deliverables

• Focused or broad challenges

• Self-selecting teams

• From a few hours to several weeks

• Review gates

• Read outs and posting of results

http://www.managementexchange.com/

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Innovation Maturity

Technologyneeds focused

Business-challenge oriented

Executive sponsorshipof innovation

Innovationcatalyst team

Ideation methodsand idea management

Allocation of timefor employees to innovate

Innovation labs,foundries, andother facilities

Alternative laborand organizational models

Embrace open innovation

Formal organization of business partners

Accidental Intentional

Page 32: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

Management InnovationNew view of the enterprise: Socially-enabled enterprise operating in a digital business ecosystem∎Increased collaboration among business partners∎Experimentation with new approaches to traditional labor beyond outsourcing:□Hollywood Model□Crowdsourcing□Hackathons□Holacracy□Self-Selecting Teams□Expert Ecosystems□Networked Organizations□Microwork

Management

Organizations are experimenting with a variety of “Rapid resource reconfiguration models”

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Final thoughts

Creating a world view and 9 questions

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The World

Strategic Themes

Target Outcomes

Target Outcomes

Solutions

Solutions

Capabilities

Capabilities

Resources

Resources

Resources

Capabilities

Capabilities

StrategiesStrategicIntent Programs

Service Lines or Teams

EnterpriseThought Leadership –

What / Why / How Much / By When

Functional and/or Cross FunctionalPoV – When (sequence) / Where / Who / Way

(internal or external)

Offerings or Projects

Target Outcomes

Target Outcomes

SolutionsPoVs

PoVs

PoVs

PoVs

Page 35: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

The 9 Questions Does this create value for your customers

Do you or could you do it betterthan anyone else

What you are required to for legal or regulatory reasons

ReceivedWisdom?

Tradition?

Physics?

What to Start,Stop, Do Differently?

Page 36: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

Tomorrow belongs to the people who prepare for it today

Prediction is very difficult,especially if it’s about the future

Niels Bohr

Page 37: A View of the Future - FCCMA.orgfccma.org/wp-content/uploads/2017/06/Innovation-for... · 2018-04-18 · • Social risk tolerance, familial ties, mobility, lifestyle, priorities,

THANKS!Any questions?You can find me at @stikeyoda & [email protected]

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CREDITSSpecial thanks to all the people who made and released these awesome resources for free:∎ Presentation template by SlidesCarnival

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Photo attributionsQuantified self: ”Quantified Self 2011” by Bytemarks is licensed under CC BY 2.0

Circular economy: “Go Circular!” by Zeronaut.be is licensed under CC BY 2.0

Advanced robotics: “OpenSource Robotic Arm” by oomlout is licensed under CC BY 2.0

Cryptocurrencies: “Image_2374” by BTC Keychain is licensed under CC BY 2.0

Sustainability: “Sustainability” by Kyle MacKenzie is licensed under CC BY 2.0

3D and 4D Printing: “MakerBot_ReplicatorZ18_ProdBild3” by Creative Tools is licensed under CC BY 2.0

Learning Styles: “babies at the blackboard” by Audio-luci-store-it is licensed under CC BY 2.0

Advanced Genomics: "Miraikan” by MIKI Yoshihito is licensed under CC BY 2.0

Augmented Reality: “Google Glass” by Matt Brown is licensed under CC BY 2.0

Samsung Smartwatch: “Samsung Galaxy Gear smartwatch” by Kārlis Dambrāns is licensed under CC BY 2.0

Oculus Rift: “Maxim Kapinus and Oculus Rift” by Sergey Galyonkin is licensed under CC BY-SA 2.0