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Leadership, Creativity, Innovation and Enterprise Interpersonal Skills and Teambuilding Creating New Businesses and Developing Exisiting Businesses Turning Ideas and Research and Development into Products and Services People, Personalities, Skills, Training and Teamwork Leadership in Tomorrow’s World and the New Economy Professor Alan Barrell - Cambridge October 30 th 2012

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Leadership, Creativity, Innovation and Enterprise Interpersonal Skills and Teambuilding

• Creating New Businesses and Developing Exisiting Businesses

• Turning Ideas and Research and Development into Products and Services

• People, Personalities, Skills, Training and Teamwork

• Leadership in Tomorrow’s World and the New Economy

Professor Alan Barrell - Cambridge

October 30th 2012

What shall we talk about ?§ Background and context – A World of

Change, Challenge, Science, Technology and Opportunity § Some Definitions§ Creativity, Innovation, Invention and

Discovery§ The “Spirit of Adventure” – we all need it§ Dilemmas of turning Ideas into Real Things§ Networks and Networking§ People – the only means to making things

happen

The Changing Horizon

EnvironmentIssues

The death ofdeference

New employmentpatterns

Organisations

Globalisation

Technology

Sources of Competitiveness

Creativity Risk

Speed Reputation

Cost Values

Learning Information

Tomorrows World/Tomorrows Companies§ “The ‘C’ word - CONVERGENCE

§ New Economics and industry structure

§ Seismic changes in World Economy

§ New organisation structures - networks replacing hierarchies.Brain Power,not muscle power.

§ “Removal of Distance” - working in global space/global markets

§ e-business

§ The new competition - from Multi-national to global

§ Moving towards “Perfect Markets”

§ Survival of the fastest - beware early obsolescence

§ The greater industrial and social revolution – Third Industrial Revolution

Major Factors of Influence and Change in our Present and Future World

§ Application of Growing Science and Technology Base –IT/Telcomms Genomics/Proteomics/Bioinformatics/Regenerative Medicine and Personalised Medicine

§ Impact of Education – Knowledge Based Society and Business§ Growth of People Power and Free Thinking-People led Politics§ Rapid emergence of Asian Superpowers – Seismic changes in

World economic balance§ Globalisation and multiracialism – “Age of Diversity”§ Acceptance of “alternative” social and family models in Western

Society § Social Networking Age – Mobile Communications§ World population growth and ageing issues

The FUTURE is here TODAY

Regenerative and Personalised Medicine and much MORE!

Thinking about Creativity and Innovation….

§ CREATIVITY – The ability to develop new ideas and discover new ways of looking at problems and opportunities§ INNOVATION – The ability to apply creative

solutions to problems and opportunities to enhance or enrich peoples lives§ Creativity is THINKING – Innovation is

DOING § And in many companies and walks of life

there are very many obstacles to preventing these things happening.

Discovery comes from within…through seeking…….

§ “The Source of Real Discovery consists not in seeking new Landscapes …..

§ But in having NEW EYES”

Marcel Proust

Who ever heard of Albert-Szent-Gyorgyi ?

He, a Nobel Laureate said………

“Creativity is no more than looking at the same thing as everyone else and

thinking something different.”

Innovation and Invention

“90% of all the scientists born in

the human race are alive

today”

Prof. John Story - INSEAD

Inspiration is often the start of something

big

Inspiration needs

support

“You look at things and ask - why? but I dream of

things that never were and ask -

George Bernard Shaw

why not?”

Can we define An Entrepreneur ?

And let us think about why we need them ?

Characteristics of Entrepreneurs§ Exploring……§ Discovering….§ Risking………§ Believing…….§ Creating……..§ Changing…….§ Enabling……..§ Visualising…..

§ 探索……§ 发现….§ 冒险………§ 相信…….§ 创造……..§ 改变…….§ 促成……..§ 想像…..

Joseph Schumpeter (1911)

“Entrepreneurs blow gales of creative destruction.”

Role of the entrepreneur in transforming economies by developing:

• New products• New methods of production• New ways of organizing• Untapped raw materials• Enhanced competitive performance

Creating a Balance – Vision to Reality and Results

Bringing Vision to Life……………

“Vision without action is a daydream.Action without vision - is a nightmare”

Proverb

Building Tomorrow’s Businesses – Culture, Mindset and The Columbus Spirit

Three English words beginning with the letter “I”

• Inspiration• Invention• Implementation

So what is the Columbus Spirit?

Sailed into the

unknown

Exploring and

Risking

The great Chinese Navigator and Explorer

Harnessing Creativity, Innovation, Entrepreneurship and Technology – some thoughts and ideas….

ü From Idea to Reality – steps and processesü The “gaps and problems” for mangers and

entrepreneursü Thoughts on “doing better” and some latest thoughts on

Open Innovationü The impact of Technology – especially digital

technologyü Leadership and Organisation for greater effectiveness

Product Development Evolution

From Idea to MarketplaceThe Commercialisation of Research

And there is a Phase VI – and VII – relating to feedback, customer responses, ongoing market research and continuous product

development and improvement – Phase VIII could be obsolescence!

Vision, Imagination and Invention become BIG Reality – only with perseverance and converging knowledge

and talents. Birth of the Electric Light Bulb 1929

Emphasising the “Gap” in the journey from R & D to Commercial Product

The “Translational Gap” – between R&D and Commercial Products.

Bridging the Gap with TICs

Hauser Report Commissioned 2010 by UK Govt. Accepted and £250millions allocated to start

new “TICs”

The Importance of Technology Innovation Centres

From University Laboratory to Product

in the Market

Looking Ahead to do better

TWI has been operating since 1946

Ah – Technology – We Love You !

Substantial

Radical

Incremental

Marginal

Negligible

Egyptian Grecian Roman Norman Modern

Technology

MilitaryCommunication

Transport

Leve

l of A

dvan

cem

ent

§ World internet usage doubling every 100 days § Billions have access - still growing 12% a month in

Britain § Domain names being registered @ 20,000 + a day§ WW Web has changed the way we live and work

4Internet13Television

38Radio

Time in years taken to gain 50 million users

Technology – coming faster all the time

Traffic in one day in 2003:All international phone calls1971

All airline passengers1975

All mobile phones 1984

All emails1992

All SMS1998

Source: Analysys, World Bank and ITU

“The internet in your pocket”

A prediction from a few years ago

It is already there – the Mobile Phase of computing

is now part of our lives

Mobile Health Care – an example – your Doctor in your pocket – and always with you!

And a great enabler of Knowledge

Transfer

1st was Mechanisation –

weaving and textiles.

2nd – Mass Production and

Automation

Now the 3rd –The Digital

Manufacturing Revolution

3D Printing and Customization

Research Development Commercialisation

Core Market Focus

Crossing Company Boundaries

Products in-sourced (e.g. Co-branding)

IP in-licensing

IP out-licensing

Technology Spin-outs

Ideas & Technologies

Docherty, M. (006), Primer on ‘Open Innovation’: Principles and Practice, pdma (Product Development and Management Association) Vision (April 006), pp.13-17.Chesbrough, H. (003), Open Innovation: The New Imperative for Creating and Profiting From Technology, Boston: Harvard Business School Press.

A model of ‘open innovation’ – making the most of Technology

Proximity of Learning, Research and Practical Application

“The Innovation Campus”

R&D Education

Applications

Where open innovation, symbiosis, synergy, knowledge transfer, and new companies can thrive

Proximity of Learning, Research and Practical Application

“The Innovation Campus”

R&D Education

Applications

Where open innovation, symbiosis, synergy, knowledge transfer, and new companies can thrive

The ‘Eureka’

moments –where great

minds & ideas meet

Networks, Networking, Knowledge Sharing and Success will be critical factors for all of us….

LIVING AT THE TIME OF “THE GREATER INDUSTRIAL

REVOLUTION”

“THE AGE OF TECHNOLOGY and THE CENTURY OF SCIENCE”

Importance of intermingling-Networking

Looking at LEADERSHIP

Thoughts on recent approaches to Transformational Education – Preparing the Next Generation of Leaders.

Developing Interpersonal Skills

§ How do we define it?

§Where do we find it?

§Do we always recognise it ?

§Can we be educated to do it?

§Creativity, Innovation and Leadership

§Differentiating Leadership from Management

§Where does Entrepreneurship fit in ?

§How do we measure Leadership Success?

Leadership – Propositions for Reflection

§ Leadership is distinct from Management§ Leadership is found throughout an

organisation – not just “ at the top”§ Leadership is critical in ALL organisations§ Leadership TEAMS are more important than

individuals§ The hierarchy of Leadership transcends

organisation, company, region and Nation.§ Great leaders change The World. Lesser

leaders change “their own World”§ Good question – “What kind of Leader am I?”

Leadership in TransformationOld and New Paradigms – for discussion

Old Paradigm New Paradigm

One right way to do the tasks Several ways to do the same task

Strategic planning – as a separate function

Strategic Planning and Systems Design – hand in hand. Strategic Planning a Team function “All are responsible”

Competition Co-operation and collaboration

Command and control Self-managed teams

Distrust Trust

Masculine domination Men and women sharing leadership

Emphasis on procedures Emphasis on innovation

Regional or national emphasis Global emphasis

Rigid culture Flexible culture

Leadership – Enabling Coherence

Innovation alone is not enough!

Leadership

Vision

People

Support & mentoring

Columbus spirit & PMA

Will-power & determination

Culture

PurposeInnovation

The Inclusive Loop-Strategy,Purpose and Values-Role of Leaders

CommunicationReporting Dialogue

Change what we do

Verification

LeadershipPurposeValues

Define keyRelationships

Success Model

Measurement

Defining and Re-defining

Strategy and Purpose

The Learning Organisation

“We understand that the only competitive advantage the

company of the future will have is its managers and people”

Arie de Geus - “The Living Company”

The Four Intelligences

§ IQ - Rational Intelligence – the use of reason and rational thought.

§ IC - Intuitive Capacity – tapping into natural wisdom.

§ EQ – Emotional Intelligence – using feelings to guide thought and action.

§ SQ - Spiritual Intelligence – Awareness of real and authentic identity. Capacity to discern meaning and act in alignment with core values and a defining sense of life purpose.

Feelings may be the most important Facts

“Emotional intelligence is the underlying premise for all our management training”.Linda Keegan, Vice President, Executive Development, Citibank

SQ

Identity, Meaning, Purpose, ValuesDirection and Integration

IQ

Rational ReasoningFacts and Information

EQ

Feelings and Emotions Empathy and Motivation

A blend of skills and experience Defining the model for Corporate Leadership

Vision andPurpose

Reward & recognition systems

Team spirit & teambuilding/team work

Knowledge &learning facilitation

Technology & productdevelopment &

management

Firm financialmanagement

Internationalmarketing & business

development

Measures & accountability

Inspiredleadership

Clear objectives

Common culture &shared values

Good managementpractices

Clear direction

Sobering thoughts – National or Corporate Leadership doesn’t last forever. Re-invention

is essential – leaders must note

Entrepreneurship + Innovation = Prosperity

“Entrepreneurship is America’s most important competitive advantage. It’s what America does much better than any other advanced industrial nation.”

Prof William BygraveBabson College

But – things have changed a LOT since then Compeitive Advantage has moved Eastwards

Threats - ‘Today’s peacock is tomorrow’s feather duster’

Failure can be learning. Leaders learn by failure. But always by being “aware”.

Leadership – Reflecting back on our discussion of Leadership

§ Leadership is distinct from Management§ Leadership is found throughout an

organisation – not just “ at the top”§ Leadership is critical in ALL organisations§ Leadership TEAMS are more important than

individuals§ The hierarchy of Leadership transcends

organisation, company, region and Nation.§ Great leaders change The World. Lesser

leaders change “their own World”§ Good question – “What kind of Leader am I?”

Reflecting on Personality, Character and Capabilities

Building Balanced Teams and Leadership Skills

Building a WINNING Team

Materials from our Chinese Graduate Student Entrepreneur and Leaders Programme – done in

Cambridge each Summer and Winter

We are all different – all have strengths and weaknesses

So let us take a close look at

ourselves and each other

And think about how we can best work together

and combine our strengths

A Great World Family – offering Opportunity for Economic and Social Progress

Can be A WORLD WITHOUT BORDERS

Education Without Borders

Business Without Borders

Diversity of Cultures and Skills is a great

PLUS if we learn how to manage and nurture

it

Our Personalities and Mix of Skills – Building a Balanced Team

§ We are all different§ No single person has all the skills needed to run a

company or team§ Understanding others is a valuable activity§ Expressing ourselves needs adjusting for “the

audience”§ Presentations are for “the audience”§ Relationships are the core of good business practice§ Listening is more important than speaking –

sometimes§ TRUST in others and WISDOM are important for

effective LEADERSHIP§ TEAMWORK happens when people make the effort

and enjoy a balance of skills

• The Plant – Creative ++++

• The Resource Investigator

•The Shaper

•The Specialist

•The Co-ordinator

•The Teamworker

•The Implementer

•Monitor – Evaluator

• Completer - Finisher

Making the best and most of each team member – the collective work

§ Understanding our skills and our shortcomings – understanding together§ Listening as well as speaking§ Having a leader – respecting the role of the

leader§ Honest and open debate and discussion.

Disagreements can lead to “a better way”§ Mistakes are about learning§ Changing the plan is NOT admitting we have

been wrong.§ Great teams build great companies !

A Joined Up System and Society

An Imperative to optimise Technology and Knowledge Development and Transfer

In Pursuit of Excellence !

“Excellence can be achieved, if we:Care more than others think is wise,Risk more than others think is safe,

Dream more than others think is practical,Expect more than others think is possible.”

Deborah Johnson-Ross

Thank you for Listening

More on my websites –

www.alanbarrell.comwww.cambridge-worldwide.com

E-mail – [email protected]