norman lewis: innovating the future - openknowledge uk - e20forum
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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:
innovation (n): 1. the introduction of
something new; 2. a new idea, method, or device:
NOVELTY
R&D
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
r&D
Lots of books about innovation…
…but little innovation to be seen
BRAVE NEW WORLD –
UNLEASHING SOCIAL CAPITAL TO INNOVATE
Companies that want to win
Disruptive…
Networked or visionary leadership?
Networked or leader led?
Open or closed?
The spin-off coefficient
Companies that want not to lose
Incremental…cautious…
Ecosystems/partnerships
Partnerships: formal and informal
Legacy
Business model chains
Risk culture
Social capital and innovation
Digital children
The power of social networks
Growing social capital
36
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
So what does this mean for you?
INCREMENTAL OR RADICAL INNOVATION?
INNOVATING USING SOCIAL CAPITAL IS REALLY ABOUT
Creating the right audiences,
motivations and context
Its still about leadership, ambition and risk taking
The opportunities are huge if you get it right
Social capital is the key innovation differentiator…
the rest is business as usual…
Thank You