Presented by: Welcome! The Conference created to address the growing trend towards collaboration, partnerships and alliances

Presented by:

Welcome!The Conference created to address the growing trend towards collaboration,

partnerships and alliances

CoDev2015 February 9-11, 2015 / Scottsdale, AZ Slide 2

2015 CoDevAnnual Conference on Co-Development and Open Innovation

• For the past thirteen years, a CoDev Conference has chronicled the steady growth of co-development and open innovation efforts across industry

. The CoDev Conference provides a pivotal venue for leaders and all levels of innovation practitioners – Share their insights– Openly discuss challenges and obstacles– Discuss their experiences – Define potential solutions to leverage open innovation for

business success


2015 CoDev Annual Conference on Co-Development and Open Innovation

.

Conference features leaders across industries sharing information on:

•How to deliver results while building open innovation capability

•Building capabilities and networks to create business value

•Exploring open business models to deliver revenue growth and create new value|

•How to reduce risk and uncertainty by expanding the breadth and depth of your solutions with open innovation

•How to co-innovate with partners and suppliers


What is Open Innovation?

The Power of Many

Par

tner

ing

for

Tra

nsfo

rmat

ion

Harnessing Science

Delivering Bottom Line Results

Tools and Capabilities Necessary for Successful Open Innovation

Pilo

ting

New

Stra

tegie

s

Evolution of External InnovationConnect

&Develop

Alliance Management

Co-Creation

Collaborating with Universities, Federal Labs and Research Centers

Knowledge Sharing

Culture

Intellectual Assets

Crowdsourcing

Ecosystems

CollaborativeNetworks


2015 CoDev Conference Team

CherylPerkins

Innovationedge

PatClusman

Innovationedge

TraceyKimball

Management Roundtable

AlexCooper


GreggTong



• Innovationedge is a global strategic innovation consultancy based in Neenah, WI, USA

• The team’s fearless champions of innovation break barriers to help executives define their strategy, develop capabilities, design a winning organization structure and deliver breakthrough innovations through a robust growth pipeline of sustainable solutions and new-to-the-world innovations

• Leaders have over 100 years of combined experience in a variety of roles

@innovation_edgewww.innovationedge.com

About Innovationedge (IE)


About Management Roundtable (MRT)

• Leaders in Product Development Education – founded in 1980

• Provider of Information Sharing Forums:– Conferences– Public & Custom Onsite Workshops– Webinar / Audiosessions– Publications & Research Reports

@mgmtroundtableManagementRoundtable.com


Thanks! To our Conference Sponsors:Visit them in the exhibit area during scheduled program breaks

or talk to one of their attending representatives —


Why are you here?

• Remain current on industry best practices

• Determine the right open innovation business model(s) for your company

• Build an extensive network of seasoned open innovation practitioners and leading thought leaders


Opportunity for you!

• Find a solution to a specific problem

• Pick up on emerging techniques

• Refresh on fundamentals

• Find that one BIG idea!


CoDev 2015 Keynote Speakers


Expert Panel Leaders


CoDev Attendee PortalWifi- username: paradiseva password: double2010

Access the portal at CoDevPD.org


Agenda – Day 1 – Monday PM

6:00pm-7:00pm

5:00pm-5:45pm

4:15pm-5:00pm


Agenda – Day 2 – Tuesday AM

7:00am-8:00am

7:10am-7:50am

8:00am-8:15am

8:15am-9:00am

9:00am-10:00am

10:00am-10:30am


Agenda – Day 2 – Tuesday AM Tracks

10:30am-11:15am

11:15am-12:00am

12:00pm-1:00pm


Agenda – Day 2 – Tuesday PM

1:00pm-1:45pm

1:45pm-2:30pm

3:00pm-3:45pm

3:45pm-4:30pm

4:30pm-5:15pm

2:30pm-3:00pm


Agenda – Day 3 – Wednesday AM

7:00am-8:00am

7:30am-8:10am

8:30am-8:45am

8:45am-9:45am

9:45am-10:30am

10:30am-11:00am

11:00am-11:45am


Agenda – Day 3 – Wrap Up

11:45am-12:05pm

12:05pm-12:45pm

12:45pm-1:00pm


Tuesday: Keynotes and Case Studies

Co-Dev Opportunities and Challenges

Op

en

Inno

vatio

n a

s B

usin

ess

Dri

ver

Engagement Models

Engaging Global StakeholdersEvolveCulture

Pilo

ting

New

Innovation S

trate

gies

Evolution of Open Innovation

Managing Partners & Suppliers

Ecosystem

New Business Models

Business Unit Receptivity

Expanding OI across multiple functions

Technology Scouting

Pirate Code Crowdsourcing


Open Innovation Business Models

These business models are creating new pathways to value:– Looking outside your boundaries for ideas,

technologies and intellectual property– Integrating R&D and business model innovation to

drive commercialization– Fostering collaboration with customers and suppliers– Leveraging innovation partners and intermediaries in

opening business models


Holistic Business Model

CAPABILITIES

PR

OC

ES

SE

S &

TOO

LS

CULTURE

PE

OP

LE


Benefits of Open Innovation

• Extended capabilities in new-to-company or new-to-world areas

• Having more choices for solving scientific and technical problems

• Increase speed to market with new technologies, products, business models, etc…

• Ability to lower levels of risk and resources

• Opportunity to create a more innovative culture, from the “out-in”


Pulse Survey

Innovation Industry Results


Innovation Industry Pulse Poll

Innovationedge Copyright 2015

The intent of the survey was to….• Obtain an understanding of innovation efforts within

organizations• Gain insight and understanding of innovation efforts

planned across industries for 2015 and beyond• Gain information and insight into the pulse of innovation

efforts from your peers

The survey was sent to a select group of individuals globally who are involved with innovation


Expectations for Performance of the U.S. Economy in 2015 in Comparison with 2014


Expectation % Response

Much Stronger 2%

Somewhat Stronger 60%

About the Same 27%

Somewhat Weaker 9%

Much Weaker 2%


Why Innovation Leaders and Practitioners are more optimistic yet still cautious

Positive indicators• Consumer purchasing appears to be increasing• Consumer confidence appears to be building which should increase

spending• Unemployment down• Drop in energy prices will have a multiplier effect on the U.S. Economy as

people in general feel more of a wealth effect and utilize it for incremental discretionary spending.

Watch-outs• Global economic and geopolitical conditions will continue to challenge the

US economy. But risky given EU risk.• Beginning discussions on the presidential campaign will continue to stall

business


What is your innovation team doing differently in 2015 and the next few years versus 2014?


Expectation % Response

We're allocating MORE resources (people, time, budget) to innovation and/or developing new products 46%

Nothing. We're allocating THE SAME amount of resources as past years 36.5%

We're allocating FEWER resources to innovation and/or new products in the next few years 11.5%

We're allocating FEWER internal resources to innovation, but partnering with/using MORE external resources as needed

4%

Other – we haven’t focused much on innovation 2%


Shifts Occurring in 2015

• Majority of organizations in the consumer products, food and specialty chemical space seeing the same amount of resources allocated in 2015. Many seeing the number of new product projects increasing (planning to do more with same resources) this maintaining budgets while delivering more will be necessary.

• A few consumer products and and specialty chemical organizations have started and will continue cutting back their portfolio and focusing on less more strategic projects.Significant restructuring is taking place in these industries as well with a strong emphasis on short term shareholder value.

• In the high tech and industrial products sectors, the allocation of talent has been increased especially in the regions.


Shifts Occurring in 2015

• All industries believe that making innovation a strategic enterprise cultural driver is important to deliver on the needed growth.

• Shifts needed from pushing technology supply to creating market demand thus taping the same allocation but more focused on channel markets and shopper buying habits.

• Workforce reduction is still happening as organizations try to rebalance skills based on portfolio shifts


Is your company more innovative in the way you are discovering, developing and acquiring new

products (i.e. Open Innovation, crowd sourcing)?


43.4%

30.4%

26.0%

Response Ratio

YesNoNo Responses


More Innovative Approaches

• More focus on front end work to better understand what matters to customers and end users to create market demand

• Focusing on new discovery models• Investing time in defining longer term growth platforms. • Investigating & implementing new tools for evaluating ideas, inventions, products,

etc.• Working more on linking with external research organizations in particular

Universities and Government Research organizations to define and develop solutions for a broader range of problems.

• Organizing differently to make it stick- Innovation Hub, Councils, CoPs• Step out of comfort zone of old success (Business models and services) • Building advisory teams of subject matter experts and people with champion's

passion for the new market/initiative


Will your organization have an increased focus on Open Innovation in 2015 ?


40%

30%

30%

Response Ratio

YesNoUnsure


Your participation is encouraged…

Listen thoughtfully and don’t forget to ask questions…


Housekeeping Notes

• Please wear your badge at all times to ensure admittance to all conference sessionsand meals

• Do not leave personal items unattended

• Please turn off Cell Phones, PDAs, pagers or other disruptive technologies


Please join us!

NetworkingReception


My Personal Promise to You

"Regardless of size or industry, any corporation dealing with slow growth and fighting commoditization in this changing global economy will learn new open innovation strategies, processes and tools to infuse innovation into its corporate culture to deliver sustainable growth.”


Innovationedge, LLC1526 S Commercial St Suite 200

Neenah, WI 54956 USA920-967-0470

www.innovationedge.com

Open InnovationBest Practices

Management Roundtable, Inc.92 Crescent Street

Waltham, MA 02453781-891-8080

www.ManagementRoundtable.com

Documents

Presented by: Welcome! The Conference created to address the growing trend towards collaboration, partnerships and alliances