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CORPORATE INNOVATION IE Business School February 11th 2017 Alessandro Vigilante @alebyday

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CORPORATE INNOVATION

IE Business School February 11th 2017

Alessandro Vigilante @alebyday

WHAT I DO

ENGAGESELECT

TRANSITIONONBOARD

ENGAGE“Travel makes one modest. You see what a tiny place

you occupy in the world.”

GUSTAVE FLAUBERT

AMBITION

Source: HBR, May 2012, “Managing Your Innovation Portfolio”

SOURCESInternal External

CONSISTENCYValue for Customers TechnologyValue for us

IMPA

CTAUDIENCE INCLUSION

INTERNAL EXTERNALENGAGE

High

Low HighCOOPERATION

WORKSHOPS BLOGS

WEBINARS NEWSLETTERS

PODCASTS …

ENGAGE REGULARLY, NOT FREQUENTLY

ISOLATE, EDUCATE

MONITOR

ENGAGE AT WORKING LEVEL; USE THEM TO

EDUCATE

IN ORDER TO LISTEN

IN ORDER TO FOCUS

ENGAGEIN ORDER TO LISTEN

INNOVATION AS A PRODUCT

THE HOW WORKSHOP

BID REPLY …

THE WHAT WORKSHOP

BID REPLY …

SEGMENT

SELECT“Innovation doesn’t come from organized plans. It

comes from our preparedness to deal with the uncertainty of the future.”

Dr. Brian Junling Li, Vice President in the CEO’s office, Alibaba Group.

WHAT TO SELECTVA

LUE P

OTEN

TIAL

High

Low HighUNCERTAINTY

WOW!

EHMMM… WHO CARES

I WISH I HAD TIME…

WHAT TO ASSESSUN

CERT

AINT

Y

High

Low

VALUE FOR CUSTOMERVALUE FOR COMPANY

ACCEPTABLE RISK LEVEL

TIMELINE

WHAT TO ASSESS

DESIRABILITY(HUMAN)

VIABILITY(BUSINESS)

FEASIBILITY(TECHNICAL)

INNOVATION

WHAT TO ASSESS

Source: HBR, December 2007, “Is It Real? Can We Win? Is It Worth Doing?”

WHAT THRESHOLDRE

VENU

ES

High

Low PRODUCTS High

A

B

“Innovation doesn’t come from organized plans. It comes from our preparedness to deal with the

uncertainty of the future.”

Dr. Brian Junling Li, Vice President in the CEO’s office, Alibaba Group.

ONBOARD“Life is like coffee. You can put all the sugar you want in it, but if you want to make it sweet, you've got to

stir. Nothing happens by staying still.”

ALEX ZANARDI

CUSTOMERS RULEMake Invest MergeSell

$

Buy

TRANSITION“Failure isn’t fatal, but failure to change might be.”

JOHN WOODEN, legendary UCLA basketball coach (won 10 national championships in 12 seasons because of his ability to

constantly adapt—to new players, new rivals, and new styles of play).

“Doing the right thing for long-term prosperity is the wrong thing for investors, according to the tools that guide investments.” Clay Christensen, The Capitalist’s Dilemma

KPI’s

Source: HBR, June 2014, “The Capitalist’s Dilemma”

KPI’s

LAGGING LEADING

KPI’s

KPI’s

Source: The Chief Innovation Officer, November 2014, “INNOVATION MEASURES #7 – INNOVATION VITALITY INDEX”

INNOVATION VITALITY INDEX

V3 : percentage of gross revenue generated from products that have been launched in the past three years.

PIRATE METRICS

ACQUISITIONACTIVATIONRETENTIONREVENUEREFERRAL

METHODSRisk Prevention Risk Management

WATERFALL / PRINCE2 / ITIL AGILE / LEAN / DESIGN THINKINGIdentify all risks upfront, prevent all risks, Change

Request exceptions.Identify highest reward experiment, test assumption,

repeat.

PEOPLE & CULTURE

PEOPLE & CULTURE

THANK YOU

Alessandro [email protected] | @alebyday