philippe mouchard: intrapreneurship - corporate innovation - tsd 17
TRANSCRIPT
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The essentials of innovation…
Philippe Mauchard – March 9th, 2017
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Philippe MauchardPartner, McKinsey & Company (2000-2006)Partner, Founder & Global Director McKinsey Solutions (2006-2016)Managing Partner, SmartVentures/The BridgeChief Bridge Officer, B-Hive
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Preaching to the converted? The essentials of innovation…
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Preaching to the converted? … or… taking one’s own
medicines?
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600 2013
0
New titles in English
5,000,000
20101300950 1650
Unprecedented times…
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What are the major tech trends impacting business in near to mid-term?
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What does it take to get innovation right?(and why should YOU care?)
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84% Of global executives believe innovation is extremely important…
6%…but only are satisfied with their innovation performance
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What stops companies from innovating?
Ostrich mindset? Getting the
timing right?
Innovator’s dilemma?
Placing the wrong bets?The
execution challenge?
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Product Process
3 types of innovation
Business model
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NOW
3 sources of innovation
Incremental growth from new channels, categories or segments
E.g.: A new product variant
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3 sources of innovation
Innovating off something that works
E.g.: A new product
NEW
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3 sources of innovation
Disruptive growth from new business models
Eg: Inventing something new or additive
NEXT
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Innovation
Creativity
+ Delivery
===/
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Shaped creativity...
CHOOSE
ASPIREPut numbers on it
Place clear bets
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Shaped creativity...
CHOOSE
DISCOVER
ASPIREPut numbers on it
Place clear bets
Insights over ideas
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EVOLVEOr risk extinction
Shaped creativity...
CHOOSE
DISCOVER
ASPIREPut numbers on it
Place clear bets
Insights over ideas
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EVOLVE
ACCELERATE
SCALE
EXTEND
…powerful delivery
Or risk extinction
Make horses. Not camels
Go big. - selectively
Be the partner of choice
Shaped creativity...
CHOOSE
DISCOVER
ASPIREPut numbers on it
Place clear bets
Insights over ideas
MOBILISEGo beyond structures
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JUST 1
4-5
7+
NONE
Top ¼ Bottom ¼
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Innovation is aboutcreativity AND delivery
You need multiple essentials working together to be successful
Getting the ASPIRATION right is a good place to start
And INSIGHTS can be a true source of distinctiveness
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Preaching to the converted? … or… taking one’s own
medicines?
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1926 2015
0
Share of new services
Percent
200719801960 1995
Unprecedented times…
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EVOLVE
ACCELERATE
SCALE
EXTEND
…powerful delivery
Or risk extinction
Make horses. Not camels
Go big. - selectively
Be the partner of choice
Shaped creativity...
CHOOSE
DISCOVER
ASPIREPut numbers on it
Place clear bets
Insights over ideas
MOBILISEGo beyond structures
+
+
+
+!!
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But after all….
…What could make a difference for you as leader?
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