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Chief Commercial Officer Richard Traherne INNOVATION: THE BUSINESS TRANSFORMATION CATALYST

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Page 1: INNOVATION: THE BUSINESS TRANSFORMATION CATALYST · DIGITAL INCLUSION –DIGITAL CREATES A ... INNOVATION: THE BUSINESS TRANSFORMATION CATALYST Global market competition, disruption

Chief Commercial Officer

Richard Traherne

INNOVATION: THE BUSINESS TRANSFORMATION CATALYST

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▪ Heightened competition

▪ Disruptive market entrants

▪ Global markets

Businesses pressures

have never been higher

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#1

#2

#3

#4

#5

2001 2006 2011 2016

▪ 50% of S&P 500 companies will be

replaced over the next 10 years

Statistics show that business

transformation is vital

Sources: 1 https://bit.ly/2oviewx 2 https://bit.ly/2Iw0xDW Chart https://bit.ly/2aRWcjX

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▪ The era of ‘deep technologies’

▪ Convergence across markets & technologies

▪ New business models

▪ Reduced time-to-market

However, the innovation landscape is becoming more complex

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▪ Dependant on deep technologies

– Molecular biology

– Microfluidics

– Optics

– Data science

– Automation and AI

– High performance microprocessing

▪ Is enabling new business models

within and outside the medical sector

DNA Sequencing – an example of

complex innovation in our work

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And these trend areas are truly global…

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▪ Innovation is the catalyst for transformation

– Incremental approaches are inadequate

▪ Breakthrough innovation is far-reaching

– Target customers

– Channel-to-market

– Business model

– Commercial model

– Operations & process

Businesses must therefore

transform to remain relevant

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▪ Companies must adapt

– Predict trends and market dynamics

– Adopt processes to identify and develop

new breakthrough products & services

– Access an ever-increasing range of

market and technology expertise

– Manage (and not avoid) risk

These are the typical needs of our clients, who

seek a disruptive technology innovation partner

So, how can companies transform in

this growing world of complexity?

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TOKYO

SINGAPORE

CAMBRIDGEBOSTON

ORLANDOSAN FRANCISCO

SEATTLE

OUR LOCATIONS

9

TOKYO

SINGAPORE

CAMBRIDGEBOSTON

ORLANDOSAN FRANCISCO

SEATTLE

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Our customers value

our global view to

benchmark new

innovations

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BIOLOGY TO BUSINESS: MAKING

SYNTHETIC BIOLOGY PAY?

RICHARD HAMMOND

HEAD OF SYNTHETIC BIOLOGY

Top factors that we see for successful innovation

Effective commercialization of technology

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UNLEASH YOUR RISING STARS AS

INNOVATION CATALYSTS TO ACHIEVE

BUSINESS TRANSFORMATION

(BOOTCAMP OUTPUT)

AJ VAN BOCHOVEN

HEAD OF STRATEGIC INNOVATION

Top factors that we see for successful innovation

Effective commercialization of technology

Business model and organizational change

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DIGITAL INCLUSION – DIGITAL CREATES A

BRIGHTER FUTURE FOR ALL

MAKOTO ENOMOTO

SENIOR VICE PRESIDENT, CHIEF MARKETING

OFFICER, NEC CORPORATION

Top factors that we see for successful innovation

Effective commercialization of technology

Business model and organizational change

Access to market insight and deep technology

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HOW SENSING TECHNOLOGY CAN BE

USED TO DEVELOP BETTER PRODUCTS

SIMON KARGER

HEAD OF SURGICAL &

INTERVENTIONAL PRODUCTS

MEDICAL TECHNOLOGY DIVISION

EDWARD BRUNNER

HEAD OF ASIA CONSUMER BUSINESS

CONSUMER DIVISION

Top factors that we see for successful innovation

Effective commercialization of technology

Business model and organizational change

Access to market insight and deep technology

Better insight to define new breakthroughs

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BEYOND CONNECTIVITY – THE WINNERS IN

IOT WILL BE SERVICE INNOVATORS

TIM FOWLER

HEAD OF WIRELESS

Top factors that we see for successful innovation

Effective commercialization of technology

Business model and organizational change

Access to market insight and deep technology

Better insight to define new breakthroughs

Focus towards experience and service

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KEY TAKEAWAYS

INNOVATION: THE BUSINESS TRANSFORMATION CATALYST

Global market competition, disruption and pace of change have never been higher

Innovation is a vital catalyst for business transformation

Business transformation requires innovation in technology, business and operational model