INNOVATION OPENNESS... BE A GAME COLLABORATION CHANGER INCLUSION
A Snapshot of Reality Source: World Economic Forum, 2017 1
Blue Minds is the go-to-company for developing and implementing new business models in regards to energy transition
Importance of Innovation e Minds is the go-to-company for developing and lementing new business models in regards to energy transition 3
Innovation Innovation DISRUPTIVE INNOVATION INCREMENTAL INNOVATION EFFICIENCY INNOVATION Source: Clayton Christensen 4
Dimensions of Innovation Source: Hyve AG; 2017 5
Learn to Fail & Fail to Learn Space X tailored attempts of landing the Falcon 9 rocket 6
What are Disruptors? A Case 7
A Link between two Worlds 8
Why WeXelerate? From initial innovation management & capacity building, to specific consultation on deal flow & startup engagement, our services are designed to provide value at every part of the process. 1. Target Scouting Benefit from startups we scout based on your criteria and most pressing problems. 2. Complement Your Innovation Management To maximize the impact of your organization s work with startups, we run trainings, immersions, and insights programmes, designed to help build internal capacity. 3. Proven Practices We consult corporations on how to yield desired innovation outcomes. We do this through innovation audits, strategy formation sessions, help with team recruitment and advisory on creating funds, accelerator programmes, and startup pilots. 4. Lower costs In a multi-corporate accelerator the scalable effects lead to lower costs for each individual corporate and increase your efficiency. 9
Creating Value across Industries Focus Verticals & Cross Industries Verticals Cross Industries Media Banking Insurance Industry 4.0 Energy & Infrastructure Blockchain Internet Of Things Mobility Cybersecurity AI & Bot 10
The Innovation Process Insights & Opportunity Identification Idea Processing & Selection Product Development Launch & Consumer Feedback Exploring Innovation Potentials Creating Ideas & Concepts Evaluating Ideas & Concepts Prototyping & Testing Designing & Promoting Products Continuous Adaptation & Improvement Netnography Trend & Technology Scouting Online Research Communities Lead User Studies Lead User Testing Ideation Workshop Jam Session Desgin Thinking Workshop Crowd Sourcing Contest Internal Idea Management/Contest LEGO Serious Play Digital Design Sprint InnoCamp Hackathon Company Building Industry & Product Design Innovation Lab Innovation Consulting Trends & Consumer Insights Ideas & Technology Concepts & Solution Minimal Viable Product Product to Market Market & Customer Adaptation Customer Feedback 11
The Importance of a Pilot Two characteristics of Corporates, with the most diverse innovation portfolios, that improve success rates: 1. Scaling their pilots 2. Varying their activities across pilots, investments, and acquisitions Number of pilots executed per year The biggest benefits from this approach are: 1. Risk is hedged through volume 2. Teams are brought together to cross-check, debate, and strengthen the corporate s overall innovation strategy Only 29% of corporates do enough pilots to have meaningful impact 50 None 1 to 5 5 to 10 10 to 25 25 to 50 12
An international Ecosystem for Innovation 13
An international Ecosystem for Innovation 55 STARTUPS FUNDING 25+ MIO TEAM MEMBERS 9 on average COUNTRIES 14 different 14
What are Disruptors? Source: Hyve AG; 2017 15
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When all you have is a hammer everything looks like a nail. 17
HOW TO FIND US BLUE MINDS GROUP Siebensterngasse 31 1070 Vienna Austria www.blueminds-company.com office@blueminds-company.com 18