the innovation imperative - agc imperative - dan wooldridge.… · global talent war engineering...

The Innovation Imperative!Monday, October 21, 13

It’s a VUCA World!

Monday, October 21, 13

VVolatility


UUncertainty


CComplexity


AAmbiguity


Welcome to the New Normal!


What’s causing

this?


Globalization


Not Cycles ...

Permanent Seismic Shifts!


Convergenceof Technologies

Design Cloud

Internet ofThings Robotics

Modular

3D Printing


0

20

40

60

80

1968 1980 1988 1998 2008 2020 2028 2034 2038

Spending Wave

Baby BoomPeak

Echo Boom


Global Talent War

Engineering Students

USA < 75,000/yearIndia > 250,000/yearChina > 350,000/year


Rise of the Platform Company

iPod Economics

2-3% for Chinese Manufacturer40% for Apple


Impact of Generational Shifts


Generation Birth Dates Median Agein 2015

Boomer 1946-64 60

Gen X 1965-80 43

Millennial 1980-95 28

Gen 2020 1995 - today First will be 20

circa 2013


size = cultural force


Millennialsa Deeper Look


Generation Population

Boomer 81 Million

Gen X 61 Million

Millennial 85 Million

Gen 2020 > 85 Million


Digital Nativesnot

Immigrants


InnovationAverage is over!


If we don’t “get”Gen-y

We’ll never “get”Gen-z.


Education cannot keep up. Teachers are unprepared and behind. Most teachers

are analog. Gen Z is digital.

Can business leaders keep up?


Expectations of an App World and Interface Culture:

InstantAuto Updates

Auto FixeslnnovationInterface


Why?vs.

Why not?


Technology Expectation/Adaptation Gap

Consumer Primary Whsle/GC Sub

We frame the world byour view of Tech

Next Gen


What has been the impact of all theseshifts on business?


What is an industry?SIC Changes

1972-1987: 50 deleted1987-1997: 500 deleted

The pace continues


What is an industry?Firms Failing Annually

1978: 10,000, stable since 10501986: 60,0001998: 73,000

Pace continues


What’s happening to the economic life of our business models?

1992: 10-20 years 2002: 5-8 years 2013: ???


What’s the chance that your company will significantly

outperform the economy or market over the next 5 years?


Gallup Poll of 500 CEO’s•“Who took best advantage of change in your industry over the past 10 years - newcomers, traditional competitors, or your own company?”

•“Did these newcomers win by executing better or by changing the rules of the game?” 62%


So what can we do?


1. Create a vision and a mindshift ... Our Journey


Our Question:How do we lead in a world full of

changes we can’t predict, industries we can’t imagine, and jobs for which we

have no vocabulary to describe?

?


Our Challenge:How do we develop resilience and

strategic opportunism for the long haul?


Board Report from 2026presented to the Presidents’

Summit in 2012


2026$7B100

15,00010%

10 x 10X


NumeratorDenominator

Limit = 0

Limit = ∞

EfficiencyEffectiveness

Innovation

20-MileMarch


2. Establish internal think tanks on:

Innovation and SolutionsField Labor and LeadershipBecoming a Talent Magnet


3. Learn/teach/embed innovation disciplines

- Training Innovation Mentors - Company Innovation Teams - Fire Bullets, Then Cannonballs


4. Leadership and Innovation... Everyone and Everywhere


70

20

10


5. Bake into Business Planning


6. Benchmark and Partner

Learning Exchanges


7. Lead for Innovation


APi Group

Non PerformingMisaligned

DisciplinedProfitability

DisciplinedGrowth

Game Change


33%

33%

33%

Acquisitions Organic Innovation

Balanced Growth2026


2012

2025Base Camp 3

2020Base Camp 2

2015Base Camp 1

2030Summit

Most Disc

iplined Company

Most Innovati

ve Company

Flywheel of V

alue C

reatio

n

20 Mile MarchOperating Code

Lean

IncubatorInternal & External

VCAcquisitions

World Clas

s Tale

nt & Lead

er Develo

pment


Escaping the Tyranny of the Urgent


Commitment toa 10 Year and Forever

Journey


Dan WooldridgeStrategic Leadership Advisor

APi Group Inc.303.250.0806

[email protected]


mailto:[email protected]

mailto:[email protected]

the innovation imperative - agc imperative - dan wooldridge.… · global talent war engineering...

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