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Make Meaning Make Money Manifesting Disruptive Innovation within your Organization Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Cim annual conference presentation ahmed irfan 29 june 2016 final

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Page 1: Cim annual conference presentation ahmed irfan 29 june 2016  final

Make MeaningMake Money

Manifesting Disruptive Innovation within your Organization

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 2: Cim annual conference presentation ahmed irfan 29 june 2016  final

My TaskTo talk to you about the practicality of ‘Disruptive Innovation’

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 3: Cim annual conference presentation ahmed irfan 29 june 2016  final

The Innovators Dilemma

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

To talk to you about the practicality of ‘Disruptive Innovation’

Page 4: Cim annual conference presentation ahmed irfan 29 june 2016  final

“I THINK THERE IS A MARKET FOR ABOUT FIVE COMPUTERS”

Watson 1943

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 5: Cim annual conference presentation ahmed irfan 29 june 2016  final

A COMPANY WHICH IS IN AN EXISTING BUSINESS AND LISTENING TO ITS EXISTING CUSTOMERS FEELS THAT THERE IS NO NEED FOR ANYTHING NEW:

SHOULD IT INVEST ITS MONEY TO MAKE NEW PRODUCTS THAT ITS BEST CUSTOMERS CAN USE AND THAT WOULD IMPROVE THE COMPANY’S PROFIT MARGINS?

OR

INVEST ITS MONEY TO CREATE OTHER PRODUCTS THAT POTENTIALLY NONE OF ITS CUSTOMERS WOULD USE AND THAT WOULD WRECK ITS PROFIT MARGINS?

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 6: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

The Performance Gap

Page 7: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

We look to Technology&

Invention’s to cover the Gap

Page 8: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 9: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Avoiding the

Kodak Moment

Page 10: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Invention is EasyInnovation is Genius

Page 11: Cim annual conference presentation ahmed irfan 29 june 2016  final

The Performance Gap

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 12: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 13: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

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Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

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Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 16: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

“When I'm working on a problem I never think about beauty”

Page 17: Cim annual conference presentation ahmed irfan 29 june 2016  final

Three types of companies

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Three types of Companies

Page 18: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 19: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 20: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 21: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 22: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 23: Cim annual conference presentation ahmed irfan 29 june 2016  final

• Traditional performance:

Eat what's there!

• New performance:

Eat what you want!

• Traditional performance:

Passive Garment

• New performance:

Quantified performance

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 24: Cim annual conference presentation ahmed irfan 29 june 2016  final

So?

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 25: Cim annual conference presentation ahmed irfan 29 june 2016  final

The digital world,a startlingly fast shift of how work happens and needs are served is driving explosive growth in, and reliance on, mobile & cloud computing and

digital assets and skills. The real world real people, using physical assets to get things done and satisfy their needs.

130 trillion

20 trillion

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

1. Combine your Atoms with Bits

Page 26: Cim annual conference presentation ahmed irfan 29 june 2016  final

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

2. Make Meaning

Page 27: Cim annual conference presentation ahmed irfan 29 june 2016  final

90%

Copyright – Tony Singarayar. Analogy Partners

Business Model innovation=

Much Higher ROI

Atoms Innovation alone =

Less Value

5%

IT

Web

5%

Business Model Layer

The Digital Layer

Atoms Layer

The mix of Investment & Management bandwidth is heavily weighted to Atoms

3. Think Business Models

Page 28: Cim annual conference presentation ahmed irfan 29 june 2016  final

Material Science

Sustainability

Engineering

Medical

Electronics

Apparel

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

4. Embrace the Mash Up

Page 29: Cim annual conference presentation ahmed irfan 29 june 2016  final

5. prototype..prototype..don’t typewrite

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Page 30: Cim annual conference presentation ahmed irfan 29 june 2016  final

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ELIMINATE

Redundant technology collection

Redundant product portfolio

Antiquated leadership

CREATE

Network effect

REDUCE

Dependancy on retail

Cost structures

Physical dimension of product

RAISE

Product

Consumer propostion

Channel development

Competitive postioning

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.

Page 31: Cim annual conference presentation ahmed irfan 29 june 2016  final

Thank [email protected]

Copyright Ahmed Irfan. Innovation Quotient Pvt Ltd.