Kaplan nic tconference-presentation-v11-13-12

Innovation- Staying AheadThe Ingredients for Success

Presented by,

Jeffrey KaplanManaging Director

THINKstrategies, Inc.

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.1

Defining Innovation

1. THE INTRODUCTION OF SOMETHING NEW.

2. A NEW IDEA, METHOD, OR DEVICE.

JMK = DREAMING THE (IM)POSSIBLE

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.2

Innovators of New Ideas, Methods & Devices

IDEAS

DEVICES

METHODS

Thinking Differently

New Ideas Create New Capabilities

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.4

Thinking Differently

New Methods Create New Industries

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.5

Thinking Differently

New Devices Create New Opportunities©2012, THINKstrategies, Inc. www.thinkstrategies.com p.6

Technology Innovation is Empowering

Democratization of Computing Power©2012, THINKstrategies, Inc. www.thinkstrategies.com p.7

The World is Being Driven by Software

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.8

Key Technology Innovations

Sharing

SaaS

Elasticity

Accessibility

Networking

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.9

Important Tech Innovators

What Innovators Have in Common

See Things Different

Problem Solvers

Unafraid of Failure

Evangelism

Competitive

Determination

Adaptive

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.11

Where is Innovation Born?

Creative Atmosphere

Academic Environment

U.S. Innovation Centers

Density

Energy

Proximity

Major Companies Breed Innovators

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.14

Making Innovation Hip

Convergence of -

Music

Technology

Media

Austin, TX

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.15

What Entrepreneurs Need

Collaborative Environment

Community Funding

Education Encouragement©2012, THINKstrategies, Inc. www.thinkstrategies.com p.16

Where is Innovation Born?

Government PoliciesIreland Software

India Services

Israel SecuritySolutions

Language & Communications

SpecializedSkills

Where is Innovation Born?

EngineeringSouthKorea

ElectronicsAutomotive

Vietnam SoftwareDevelopment

ChinaLow-Cost

Manufacturing

SocialistMarket

ForeignCapital

Globalization – Good News, Bad News

Bad News –Greater Competition

Good News –Worldwide Opportunities

Eliminating the Barriers to Entry

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.19

Becoming a Market Leader

U.S. India

South Korea

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.20

Fostering Innovation

Creating a Breeding Ground for Innovation =Investment + Information Infrastructure

Culture

Cultivation

Collaboration

Communications

Education

Enablement

Ecosystem

Economies

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.21

Steps to Success in SaaS/Cloud

Create simple solutions.

Encourage customer input.

Develop frictionless processes.

Build monetization engine.

Target business inefficiencies.

Land & Expand

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.22

Monitor, Measure, Manage

Capitalize on Analytics

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.23

ConvertData

IntoBusiness

Intelligence

Putting Together the Right Pieces

Government Policies Economic Development Programs Public/Private Sector Partnerships

Corporate Investments Academic Training

Professional Associations Promotional Campaigns

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.24

Createthe

RightAtmosphere

What to do Next

Create an ongoing forum.– Virtual network– Regular gatherings– Online Idea Exchange

Foster collaboration & competition.– Awards programs– Incubators & mentor programs

Promote your success.– Local, regional & international

outreach programs.

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.25

Good Luck!

©2012, THINKstrategies, Inc. www.thinkstrategies.com p.26

Contact Information: Jeff Kaplan, Managing Director, [email protected]