norman lewis: innovating the future - openknowledge uk - e20forum

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LEVERAGING SOCIAL CAPITAL FOR INNOVATION Dr Norman Lewis Chief Innovation Officer, Open-Knowledge International Forum on Enterprise2.0, Milan 9 June 2010 POWER TO THE PEOPLE:

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Page 1: Norman Lewis: innovating the future - OpenKnowledge UK - E20Forum

LEVERAGING SOCIAL CAPITAL FOR

INNOVATION

Dr Norman LewisChief Innovation Officer, Open-Knowledge

International Forum on Enterprise2.0, Milan 9 June 2010

POWER TO THE PEOPLE:

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innovation (n): 1. the introduction of

something new; 2. a new idea, method, or device:

NOVELTY

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R&D

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Global decline of R&D spending as % of GDP(apart from Japan)

COUNTRY R&D SPEND (US $, billions)*

USA 368.8

Japan 138.8

China 86.8

Germany 69.3

France 43.36

South Korea 35.89

UK 35.6

Russia 25.12

Taiwan 16.55

* Main Science & Technology Indicators, OECD, December 2008, p1

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r&D

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Lots of books about innovation…

…but little innovation to be seen

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BRAVE NEW WORLD –

UNLEASHING SOCIAL CAPITAL TO INNOVATE

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Companies that want to win

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Disruptive…

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Networked or visionary leadership?

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Networked or leader led?

Open or closed?

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The spin-off coefficient

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Companies that want not to lose

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Incremental…cautious…

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Ecosystems/partnerships

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Partnerships: formal and informal

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Legacy

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Business model chains

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Risk culture

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Social capital and innovation

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Digital children

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The power of social networks

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Growing social capital

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The Value of Spigit Technology

Role Based AnalyticsInsight Provided within the context

dynamic and static roles

Rich ReportingEasy, intuitive, end user reports

GUI, XML, Excel, Custom, API, etc.

Enterprise ManagerReal-Time Analysis of

Unstructured Enterprise Data

Game Theory AutomatedIdea Graduation

Idea Trading &Prediction Markets

Ranking, Reviews & Voting

Incentives &Rewards

Currency &Asset Management

Advanced Tools for Increased & Meaningful Participation

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So what does this mean for you?

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INCREMENTAL OR RADICAL INNOVATION?

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INNOVATING USING SOCIAL CAPITAL IS REALLY ABOUT

Creating the right audiences,

motivations and context

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Its still about leadership, ambition and risk taking

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The opportunities are huge if you get it right

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Social capital is the key innovation differentiator…

the rest is business as usual…

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Thank You

[email protected]