10 WAYS HOW TO DO CORPORATE INNOVATION. Patrick van der Pijl, CEO Business Models Inc. SEB Baltic Tour, Estonia, Latvia, Lithuania

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1 10 WAYS HOW TO DO CORPORATE INNOVATION Patrick van der Pijl, CEO Business Models Inc. SEB Baltic Tour, Estonia, Latvia, Lithuania

2 10 WAYS HOW TO DO CORPORATE INNOVATION Patrick van der Pijl, CEO Business Models Inc. SEB Baltic Tour, Estonia, Latvia, Lithuania

3 YOU CAN DESIGN BUSINESS

4 INSIGHT RESEARCH FOR MY LATEST BOOK

5 And CROWD COMPANIES

6 FORGET ABOUT THE VUCA WORLD!

7 WE LOOK FOR CERTAINTY

8 WE LABEL THINGS

9 AUTHORITY = CERTAINTY

10 AUTHORITY = CERTAINTY

11 WE WRITE PLANS

12 WE NEED TO DEAL WITH UNCERTAINTY

13

14

15

16

17 HOW DO CORPORATES DEAL WITH

18 MEET PETER SCHWARZENBAUER, BMW

19 UNCERTAINTY BIG TIME

20 ALLOW MISTAKES IN A GERMAN CULTURE?

21 BMW IS INTO TECH NOWADAYS

22 THEY BUILD PROTOTYPES

23 THEY EXPERIM ENT WITH LEGO

24 BMW USES OPEN INNOVATION

25 QUESTION: HOW DO YOU DO CORPORATE INNOVATION?

26 THE CORPORATE INNOVATION

27

28 way INNOVATIO s to do CORPORA E N

29 INNOVATIO DEDICATE N TEAM

30 SWISS POST, COLGATE DEDICATE INNOVATIO TEAM OFFERING SERVICES

31 ;-) DEDICATE INNOVATIO TEAM CAN SEE AREAS OF COLLABORATION BEYOND R&D AND BOOST BUSINESS MODEL DISCOVERY

32 ;-( DEDICATE INNOVATIO TEAM COORDINATION PROBLEM DUE TO CORE BUSINESS AGENDA LACK OF THE IMPLEMENTATION CHOPS TO EXECUTE PLANS

33 INNOVATIO EXCELLEN N CENTER o CE (CoE)

34 ACHMEA, CISCO INNOVATIO CENTER o EXCELLEN PROCESS DRIVEN INNOVATIO

35 ;-) INNOVATIO CENTER o EXCELLEN ALL ON BOARD! EXISTENCE REQUIRES CULTURAL AGREEMENT INITIAL STEP TO ALIGN INNOVATION CULTURE

36 ;-( INNOVATIO CENTER o EXCELLEN MOSTLY MEMBERS HAVE OTHER ROLES NEXT TO INNOVATION, RISK FOR BURNOUT

37 PROGRAM INTRA- PRENEUR

38 INTRA- PRENEUR PROGRAM GIVE PLATFORM AND RESOURCES TO YOU

39 INTRA- PRENEUR PROGRAM GIVE PLATFORM TO INNOVA MASTERCARD INNOVATION PROGRAM

40 ;-) INTRA- PRENEUR PROGRAM EFFECTIVE AND COST EFFICIENT WAY TO SURFACE IDEAS ENABLE EMPLOYEES TO CONTRIBUTE TO A CULTURE OF INNOVATION

41 ;-( INTRA- PRENEUR PROGRAM TRUST IS KEY HERE BY MANAGEMENT AND BUDGET + RESOURCES INITIAL IDEAS SEEMS SMALL (INNOVATION IS A SKILL)

42 INNOVATIO OPEN N

43 BMW RAD -HUB

44 INSIDE CISCO S SECRET

45 THE LIVING LAB: PROTOTYPE WITH CLIENTS

46 CISCO S PROCESS: HYPER INNOVATION

47 CHILL IS A 48 hr INNOVATION BOOTCAMP

48 ;-) OPEN INNOVATIO RAPID PROTOTYPING WITH CUSTOMERS FASTER GO TO MARKET TIME FOR PRODUCT LAUNCHES FRESH PERSPECTIVES

49 ;-( OPEN INNOVATIO SILOED FROM THE REST OF THE CORPORATIONS INNOVATION AGENDA HIGH PRICE TAG IP IS A CHALLENGE HERE

50 INNOVATIO EXCURSIO N NS

51 EXCURSIONS TO SILICON VALLEY

52 VISIT BUCKS INSTEAD OF FOUR SEASONS

53 MEET THE UNUSUAL SUSPECTS

54 HOSTING ORACLE TO SILICON VALLEY

55 ;-) INNOVATIO EXCURSIO QUICK EDUCATION COMMON EXPERIENCE AND LANGUAGE CHANGE COMPANY CULTURE INITIATE PARTNERSHIPS

56 ;-( INNOVATIO EXCURSIO MAINTAIN ENERGY WHEN YOU RETURN LACK OF ACTION: INNOVATION PETTING ZOO SEE START-UPS IN THEIR NATURAL HABITAT

57 DO s INNOVATIO EXCURSIO PREPARE YOUR TRIP TAKE YOUR WHOLE Exec. TEAM! WIN-WIN (WHAT S IN IT FOR THEM?) DON T OVERDUE

58 INNOVATIO N OUTPOST

59 INNOVATIO OUTPOST TO SPOT AND DO INNOVATION

60 INNOVATIO OUTPOST PORCHE OPENS SILICON VALLEY TECH HUB

61 ;-) INNOVATIO OUTPOST IN THE WILD START-UP FRONTIER NO THREAT TO CORE BUSINESS

62 ;-( INNOVATIO OUTPOST WHAT ARE THE GOALS? GO BEYOND SILICON VALLEY RISK OF DETACH TO MOTHER COMPANY

63 EDUCATIO N

64 EDUCATIO DESIGN MBA IS THE NEW MBA

65 EDUCATIO LISA KAY SOLOMON AND JUSTIN LOKITZ

66 ;-) EDUCATIO GET A FIRST LOOK AT INNOVATION AND TECHNOLOGY SECURE NEW TALENT

67 ;-( EDUCATIO NO IP ROUTE LONG TERM RELATIONSHISPS CAN CARRY BIG PRICE TAG

68 EXTERNAL ACCELERA PARTNERS TOR HIP

69 OTHERS DO THE JOB!

70 ;-) EXTERNAL ACCELERA PARTNERS CAN HELP WITH LIMITED INTERNAL EXPERTISE OR CAPABILITY EDUCATION OPPORTUNITIES FIND PARTNERS

71 ;-( EXTERNAL ACCELERA PARTNERS CORPORATE VS. ACCELERATORS IS BUSINESS MODEL PROVEN? PROGRAM CAN BE COSTLY

72 STARTUP INVESTME T

73 PLACE BETS AMONG ECOSYSTEM

74 ;-) STARTUP INVESTME COST EFFICIENT ON R&D STRATEGY TO GUIDE DEVELOPMENT

75 ;-( STARTUP INVESTME LONG TERM INVESTMENT IS COSTLY START-UP CULTURE MUCH MORE NIMBLE

76 STARTUP ACQUISITI N

77 ACQUISITION TO SCALE

78 ;-) STARTUP ACQUISITI ACQUIRING SHOWS FOCUS ON FUTURE AND EVOLVEMENT ACQUIRING IS EASIER THAN HIRING ACQUIRING IS FASTER

79 ;-( STARTUP ACQUISITI ACQUISITIONS ARE EXPENSIVE WITHOUT GUARANTEES INTEGRATION?

80 WHAT WE LEARNE

81 TOP 3 FREQUENCY: Dedicated Innovation Team Center of Excellence Education

82 On what level are you? 5 Advanced, Innovation advocacy that benefits the entire ecosystem Mature, Program roll-out and coordination Intermediate, Trials with focus Starting, Trials without focus Novice, Monitoring the ecosystem without action

83 TOP 5 Innovation Success 1. Metrics: Increased revenue by products & services 2. Greater customer satisfaction 3. Faster time to market for products & services 4. More projects moving along

84 DO S

85 THERE IS NO SILVER BULLIT

86 MANDATE SENIOR LEVEL IS KEY

87 IT IS NOT ONE TIME

88 MIND THIS!

89 FAIL FAST, FAIL FORWARD

90 HAVE A POINT OF VIEW (POV)

91 ONE MORE THING

92 EMBRACE UNCERTAINTY

93 SO WHAT SKILLS YOU NEED TO DEAL WITH UNCERTAIN TY

94 THINK LIKE A DESIGNER

95 START WITH THE CUSTOMER

96 ASK THE RIGHT PEOPLE DON T ASK MOM

97 USE TOOLS

98 THEY SET UP EXPERIMENTS AND LEARN

99 EMBRACE UNCERTAINT Y

100 KUDOS TO JEREMIAH OWYANG JAIMY SZYMANSKI

101 Patrick van der Pijl CEO Business Models Inc. Producer Business Model Generation Author Design a Better Business patrick@businessmodelsinc.com

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