iNNOVEX2014 - Satjiv Chahil

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Transcript of iNNOVEX2014 - Satjiv Chahil

Kung Fu Panda

•Attention Please

Interesting Failures and Unexpected SuccessA Trip Down Memory Lane.

Satjiv S. ChahilInnovation Advisor Sony Electronics

Tel Aviv, IsraelJanuary 29, 2014

IR Innovation

Unexpected

Unexpected

FROM NEW YORK TO BERLIN TO BEIJING

Unexpected

Interesting Failures and Unexpected Success

Lessons Learned:

“Opportunities for innovation in everything.”

1. There are infinite innovative ideas - execution is key.2. Be adaptable & look broader than the original target market.3. Must understand segmentation & cultural implications of innovations.4. Look beyond your industry.5. Beyond economic & tech impact – lifestyle impact.6. Business justification can be completely different than foreseen.7. Create buy-in within internally & externally with all stakeholders.8. Persistence & patience are essential for successful commercialization.9. Adoption usually happens in a hockey stick manner.10.Partnerships & ecosystems are key to mass adoption.

Thank You

What next?

THANK YOU!

SATJIV@CHAHIL.COM