Innovation, Technology and Risk

Slide 1: Innovation and Risk Associations and Technology C. David Gammel, CAE High Context Consulting www.highcontext.com

Slide 2: “Orville Wright did not have a pilot’s license.” Gordon MacKenzie, Orbiting the Giant Hairball.

Slide 3: “The future is already here. It’s just not very evenly distributed.” William Gibson, author. NPR Talk of the Nation, 30 November 1999.

Slide 4: What is Innovation Changing the yield of resources. (Supply) Changing the value and satisfaction obtained from resources by the consumer. (Demand) Peter F. Drucker, Innovation and Entrepreneurship.

Slide 5: Why Innovation Matters “It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.” Charles Darwin

Slide 6: Why Tech Matters Will Do Could Have Strong Tech Should Have Won’t Do Weak Tech Strong Strategy Weak Strategy

Slide 7: Technology Adoption Curve Early Leading Trailing Laggards

Slide 8: Drucker’s Seven Sources of Innovation Intrinsic The unexpected. The incongruity. Process need. Changes in industry or market structure. Extrinsic Demographics. Changes in perception, mood, and meaning. New knowledge.

Slide 9: Risk/Reward Ratio -5 -4 -3 -2 -1 0 +1 +2 +3 +4 +5 +5 = Paradigm-breaking improvement. +4 = Dramatic improvement. +3 = Strong benefits. +2 = Minor benefits. +1 = Very minor improvement. -1 = Very minor setback. -2 = Minor setback, controllable. -3 = Public setback, requires damage control. -4 = Major defeat, financial damages, recovery time needed. -5 = Devastating losses. Source: Alan Weiss.

Slide 10: Supply Demand Unexpected Incongruity Process Need Industry/Market Change Demographics Perception, mood or meaning New knowledge

Slide 11: Technologies for Innovation Supply Demand Software as a Social Media/ Service Networking Virtualization Short-form eBooks On-demand Printing Mobile Content/ Services E-commerce Ubiquitous Internet Participatory Access Publishing

Slide 12: Associations in All But Name Strobist Blog www.strobist.com Blogher Conference www.blogher.com Adrian Bye’s MeetInnovators www.meetinnovators.com

Slide 16: Stop doing something...

Slide 17: Now, Innovate!