innovating in an age of exponential change - … of... · innovating in an age of exponential...
TRANSCRIPT
![Page 1: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/1.jpg)
INNOVATING IN AN AGE OF EXPONENTIAL CHANGE
MOVING FROM COMPETITIVE ADVANTAGE TO DISRUPTIVE ADVANTAGE
Terry Stuart Partner, Chief Innovation Officer Deloitte Canada February 8th, 2017
![Page 2: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/2.jpg)
![Page 3: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/3.jpg)
![Page 4: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/4.jpg)
Canadian businesses
show higher risk
aversion than the US
Canada has fewer
high growth mature
firms than the US
1 in 3 Canadian
businesses invest below
average for their industry
without knowing
Past research already suggests Canada is vulnerable to disruption
![Page 5: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/5.jpg)
Highly prepared
13%
Single-minded
23%
Unprepared
35%
Tentative
29%
87% of Canadian firms are not fully prepared for disruption from advanced technologies
![Page 6: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/6.jpg)
What do we mean by disruption?
“A process by which a product or service takes root
initially in simple applications at the bottom of a market
and then relentlessly moves up market, eventually
displacing established competitors.”
Clayton Christensen, Author - Innovator’s Dilemma.
![Page 7: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/7.jpg)
Terry Stuart @ C2 Montreal 7
Spotify 6 years to a billion
UBER +2 years
Oculus just over a year
Slack just over a year
Shopify 9 years to a billion
AirBnB 4 years
The speed to $1 billion
![Page 8: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/8.jpg)
The increasingly crowded unicorn club
![Page 9: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/9.jpg)
Time
Op
po
rtu
nit
ies –
New
In
no
vati
on
s
Emergence of new models for customer & channel value
Living in an exponential world
![Page 10: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/10.jpg)
30 linear steps
About 30 yards… … 26 times around the earth
The disruptive nature of exponential growth
30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …)
![Page 11: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/11.jpg)
Advanced Robotics
Artificial Intelligence
Networks and sensors
Advanced Manufacturing
Collaborative Platforms
Change enablers
Virtual / Augmented Reality
Blockchain
![Page 12: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/12.jpg)
Artificial intelligence is displacing
Human workers in professional practices
![Page 13: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/13.jpg)
Watson is an artificially intelligent software built to mirror the same learning process that we use to
inform decisions
![Page 14: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/14.jpg)
14 Go to "Insert" tab in Ribbon to insert Header & Footer
![Page 15: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/15.jpg)
Meet Amelia:
The virtual agent avatar
that can redefine the
future of IT
![Page 16: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/16.jpg)
![Page 17: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/17.jpg)
Networks and sensors enable
companies to deliver a level of customization never before possible
![Page 18: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/18.jpg)
Blue Rover uses the Internet of
Things to provide businesses
with real time analytics
![Page 19: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/19.jpg)
![Page 20: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/20.jpg)
The Industrial Internet
brings together brilliant
machines, advanced
analytics and people to
eliminate any unplanned
downtime
![Page 21: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/21.jpg)
Cheap and advanced sensors
Smart meters
Real time information
BIG data
Machine Learning
Dynamic customer segmentation
Personalized messaging
Better customer experience
Behavioral nudges
Accurate Supply-Demand Forecast
Putting it all together
![Page 22: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/22.jpg)
Advances in robotics are changing how we manufacture goods and
replacing human labour
![Page 23: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/23.jpg)
![Page 24: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/24.jpg)
Robots are coming
HERE and are smaller, safer and can work among us
![Page 25: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/25.jpg)
Meet Navii:
A fully autonomous
Inventory and Customer
Service solution
![Page 26: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/26.jpg)
![Page 27: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/27.jpg)
![Page 28: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/28.jpg)
Advanced/additive manufacturing techniques are changing how products are
made, tested and developed
![Page 29: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/29.jpg)
3D Printing & Construction
There are various technologies that use 3D printing to construct buildings. The process
exponentially speeds up construction, lowers labour costs, and produces less waste.
Real Estate Disruption
Densification: No need to hold inventory, on demand printing
Location Independence: A fundamental disruption of the current supply chain
Affordability: New technology enable more cost effective ways of construction
![Page 30: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/30.jpg)
![Page 31: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/31.jpg)
Potential to impact:
Insurance
Infrastructure
Parking
Real estate
Auto manufacturing
Autonomous Cars
![Page 32: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/32.jpg)
No longer science fiction…formal target dates:
2020 2018 2030 2020 2024
2020 ? 2018 2025
2025
2020 2020
![Page 33: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/33.jpg)
![Page 34: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/34.jpg)
![Page 35: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/35.jpg)
Short term? Longer term?
The impact of electric cars has a material impact on parking
![Page 36: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/36.jpg)
Storage is still a challenge
![Page 37: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/37.jpg)
Public sector: The Civic Innovation Lab
"It is really looking at how as a city we can leverage some of the incubators that we have here, and work with them to find solutions
to municipal problems."
Barry Vrbanovic
![Page 38: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/38.jpg)
We believe effective innovators replace myths with methods
What does this mean for you?
![Page 39: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/39.jpg)
Observable events
Patterns
Trends
System Dynamics
![Page 40: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/40.jpg)
Be explicit
about innovation ambition
1. Look beyond product innovation
2. Drive innovation from deep and unconventional insights
3. Focus on discipline
4.
We believe effective innovators follow 4 important principles
![Page 41: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/41.jpg)
Innovation Ambition matrix
MARKETS &
CU
STO
MERS
70%
20%
10%
PRODUCTS & ASSETS
TRANSFORMATIONAL
ADJACENT
CORE
Building for sustainable breakthroughs
![Page 42: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/42.jpg)
Easier to Implement Bolder Concepts Harder to Copy
Look beyond product innovation
![Page 43: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/43.jpg)
Think Tanks
Influencers
Federal
Provincial
Municipal
Programs
Experts
Clients
Start-Ups
Partners
Vendors / Suppliers
Speak
Host
Sponsor
Attend
Innovative
Companies
Government
Community
Member Firms
Competitors Investment Community
Incubators / Accelerators
Education institutions
Thought
Leaders
Organized Networks Conferences
Media
Engaging an innovation ecosystem
Staying current on new disruptive technologies requires active Ecosystem Management
![Page 44: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/44.jpg)
• How prepared is my organization for this new age of disruption?
• How does my organization build a sustained Innovation Engine?
• Which specific exponential technologies are most likely to disrupt my industry?
• How do I build a continuous sensing organization?
• What Ecosystems does my organization need to build linkages to?
The impact of innovation is a function of the level of courage that we have (and our ability to execute).
By now you should be asking yourself
![Page 45: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/45.jpg)
“All too often we...
...look for someone else to make the difficult choice or pursue the challenging route” ...shy away from making key investments and executing dynamic strategies” ...unwilling to accept short-term challenge for long-term opportunity” ...lack the necessary courage to make bold decisions in the face of uncertainty and risk”
![Page 46: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/46.jpg)
© Deloitte LLP and affiliated entities. 46
Measuring the impact of courage
We designed and deployed a survey that evaluated 1,200 Canadian businesses on the five elements of courage.
A framework was developed to segment the survey respondents by courageousness.
The impact of courage on business outcomes was evaluated using survey questions aimed at measuring respondents’ businesses performance.
We surveyed 1,200 Canadian business leaders and evaluated the level of courage in their organizations.
![Page 47: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/47.jpg)
47 © Deloitte LLP and affiliated entities.
Canadian companies that
can be considered truly
courageous
11%
Canadian companies that are
evolving—they are on the cusp
of courageous
30%
Only one in ten
Canadian businesses is
truly courageous.
Building courage in
evolving firms is critical to
the country’s future
prosperity.
![Page 48: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/48.jpg)
48 © Deloitte LLP and affiliated entities.
Canada
consistently
underinvests
in growth.
We have a
deep-rooted
aversion to
risk.
Projections
of future
growth
are grim.
![Page 49: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/49.jpg)
49 © Deloitte LLP and affiliated entities.
One third of Canadian firms are evolving—these firms are on the cusp and can become courageous if their leaders take action now
0%
10%
20%
30%
40%
50%
11%
30%
43%
15%
Fearful Hesitant Evolving Courageous
![Page 50: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/50.jpg)
50 © Deloitte LLP and affiliated entities.
To secure a brighter future for our country, business leaders must make a commitment to cultivating courage in their organizations.
![Page 51: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/51.jpg)
![Page 52: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/52.jpg)
The Constructive Disruptor Experience Roadmap
Schedule a test drive
Get your headset and explore
(Oculus, Vive, Daydream)
Ask Watson a question on TED
Try a personal drone
Watch Westworld
Buy an ecobee3 Thermostat
Buy a Philips Hue
![Page 53: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/53.jpg)
Exponential Organizations by
Salim Ismail
Canada's Age of Disruption Report
Visit: exponentials.xyz
Read
Doblin's Ten Types of Innovation book
BOLD by Peter Diamandis
World Economic Forum: The Future of Financial Services
![Page 54: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/54.jpg)
Watch
![Page 55: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/55.jpg)
Engagement Opportunity
INNOVATION STRATEGY
CAPABILITY BUILDING
DISRUPTION LABS
SENSING PLATFORM
AGILE DELIVERY LABS
INNOVATION JOURNEY
![Page 56: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/56.jpg)
For the first time in Canada, the top speakers from
SingularityU will join Canadian leaders and innovators for
an unforgettable experience.
Singularity University empowers a global
community with the mindset, skillset and network
to create an abundant future.
OCTOBER 10-12, 2017 // TORONTO
SAVE THE DATE
Limited seating available.
Go to SUCanada,org to save your spot
![Page 57: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/57.jpg)
ca.linkedin.com/in/terrysstuart
TERRY STUART Learn more at:
www.exponentials.xyz
![Page 59: INNOVATING IN AN AGE OF EXPONENTIAL CHANGE - … of... · INNOVATING IN AN AGE OF EXPONENTIAL CHANGE ... 30 exponential steps (i.e. 1 + 2 + 4 + 8 + 16 + 32 …) Advanced Robotics](https://reader036.vdocuments.net/reader036/viewer/2022062908/5ae9eeb87f8b9a6d4f915d8c/html5/thumbnails/59.jpg)
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 200,000 professionals are committed to becoming the standard of excellence. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte Network”) is, by means of this communication, rendering professional advice or services. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2016. For information, contact Deloitte Touche Tohmatsu Limited.