NASSCOM ILF 2017: Getting Dinosaurs to Dance - Corporate Innovation & Startup Partnerships - Akhilesh Tuteja, KPMG

GETTING DINOSAURS TO DANCE: CORPORATE INNOVATION & STARTUPS PARTNERSHIPSAKHILESH TUTEJAPARTNER & HEAD - TECHNOLOGYKPMG

FASTEST FINGER FIRST

Arrange the following in chorological order:

Progression of computer innovation

Transistor

Microprocessor

Integrated circuit

Vacuum tubes

Vacuum Tubes Transistor

Integrated CircuitMicroprocessor

Arrange the following in chorological order:

Invention of scientific tools

Pendulum

Telescope

Microscope

Thermometer

Pendulum Thermometer

Telescope Microscope

PERSONALITY ANALYTICS

Choose between blue or red color flag

How easily do you remember people’s name and faces after only meeting them once?

Red - I remember faces, but not namesBlue - I am terrible with names

True or False: I tend to notice when people make small changes to their appearance such as haircuts and clothing choices

Red - FalseBlue - True

When you walk into your home, do you immediately notice if something has changed or is out of place?

Red - It usually takes me a whileBlue - Yes I notice immediately

Do you remember random details that others may have forgotten or missed?

Red - All the timeBlue - Sometimes

Are you able to recognise where different accents come from?

Red – Not really. They all sound the same to meBlue – Usually I can, but sometimes it’s unclear

What color was the text in the last picture?

Red – Yellow Blue - White

WILL DINOSAURS DANCE?

Rate of disruption is increasing

Entry year of today’s Fortune 500

1950 1960 1965 1970 1975 1980 1985 1990 2000 2005 2010 2015

Rise of startups

We are good alone!

Startups

Airbnb

Uber

We wanted to stay alone…

Quora

Path

Lets get together!

Startup

Facebook- WhatsApp

Microsoft - LinkedIn

Unilever – Dollar shave club

We got acquired, yet…

Myspace

Flickr

Friendster

Disruptive Startups

Collaborative Startups

Lets get into some serious action:Ground rules

1.Choose your position – Disruptive startups or collaborative startups- You can not play on both sides of the arguments

2.Each team to speak alternatively – no two speakers from the same team to go one after another

3.Its ok to change your position if you get convinced by the arguments of the other team

4.10 marks for a “good” argument, 20 for really good 5.If you wish to rebut, please raise the flag - 20 marks for a convincing rebuttal6.-10 for an unconvincing argument7.No rebuttal allowed within first 60 seconds

Innovation matrix

Breakthrough innovation

Incremental innovation

Breakthrough innovation

Radical innovation

High

Low

HighLow

Technology newness

Business model newness

Would your strategy remain as is, if you were a B2C/B2B company?

RAPID FIRE

If you have USD1 billion, where will you invest?

If your age is 20 years today, which company would you like to join?

Currently, which is the best place to start your start-up in the world?

Which emerging technology would you like to invest in?

Which industry do you think is most likely to be disrupted by start-ups in 2017?

What do you prefer — innovation in-house/innovating with start-ups?

What will you do to make your company survive the next 100 years?

R&D spend is growing

Source: Bloomberg

QUESTIONS FOR AUDIENCE

Which products were invented by a company in-house or have been

acquired?

Google’s smart contact lens

In-house

Google’s Android

Acquired

Apple Siri

Acquired

P&G’s Gillette

Acquired

Amazon Kindle

In-house

The ultimate magicI will guess your name

For this to work, you must follow the steps carefully!

Have your starting number be the number of LETTERS you have in your name(e.g – RAHUL = 5 letters)

If you have any of these letters – A,E,I,O or U – in your name, add 5.

If you don’t, add 8.

If you are a man, multiply your total by 2. If you are a woman, multiply your total by 4.

If you are a man, take away 4 from your total.If you are a woman, take away 8 from your total.

If you are a man, halve your total.

If you are a woman, quarter your total.

Now, subtract the number of letters in your name from your total.

Now, subtract the number of letters in your name from your total.

Now you are done. You should be left with a 1- digit or 2- digit number.

Now find your number on the following list, accompanied with your name…

1. KANIKA2. ZAIRA3. ABHIJEET4. KUNAL5. NEHA6. ANANYA7. Your name is written on your business card

8. AMIT9. SOHAIL10. SONIA11. AMRITA12. AMAN13. ROHIT

Why stay independent

‘Short-term gain isn’t very interesting’

‘Credible threat of taking Startup to zero’

‘Culture mis-match’ ‘Product getting lost in big company’s strategy’

‘Its hard to follow someone else’s house rules’

Winning together

‘Access to more capital & resources’

‘Increased visibility & credibility’

‘Resolve customer-supplier problem’

‘Further enhance offering/product’

‘Sales network’