If you buy it, they will Innovate.. Steve Spinelli.
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Transcript of If you buy it, they will Innovate.. Steve Spinelli.
If you buy it, they will Innovate.
Steve Spinelli
1978-19911991-1994 1993-2007
2007-present
For profit Board member: one each…small, medium, large
All 37 playsin 97 minuteshttp://shakespeare.mit.edu/
The Complete Works of
William Shakespeare
(abridged)
The Entrepreneurial Process In
97 Seconds
ASUNDER or return to
WONDER
OpptyScoping
BusinessModeling
RapidGrowth Maturity
Renewal
Cash Cow
(Revenue)
(Time)
Capital Markets Context
Seed Start-Up Growth Capital InstitutionalCapital
Recap/FCF
Explore,Innovate,Create…Abdicate
Launch
Survive,Thrive, orDive
Value Creation Value Capture
Chasm
**Fits & Gaps
*Harvest Target
*
Behavioral ContextWONDER BLUNDER THUNDER PLUNDER
DANGER ZONE!
1884 Philadelphia Textile School (PTS) founded
1937 Business courses added
1942 State accredits textile
program
1943 Becomes Philadelphia Textile Institute (PTI)
1946 East Falls location purchased
1960 Becomes Philadelphia College of Textiles & Science
1999 Granted University status, becomes Philadelphia University
2008 Board of Trustees approves
Strategic Plan
2012 Kanbar College of Design, Engineering and Commerce dedicated
2012 DEC Center opens
2700 undergraduate students900 graduate students
College of Design Engineering and CommerceCollege of Architecture and the Built Environment
College of Science, Health and the Liberal Arts
https://www.youtube.com/watch?v=kO8x8eoU3L4&list=RDkO8x8eoU3L4#t=0
The funniest things spring from the truth
Vision
Philadelphia University is the model for the university education of
professionals in the 21st century.
Value Proposition
Work hard, graduate, get a job in the field of your passion and be empowered to be a leader that field.
Roger Martin•Former Partner- Monitor•Dean Rotman School Of Business•NYT Best Selling Author
Heather Fraser• 25 Years Procter + Gamble• Founder Rotman Design Works In
Toronto + Singapore
Nathan Shedroff• Thought Leader Design + Business• Founder- MBA Design Strategy CCA• Art Center ID, MBA- Presidio
Harry West• Pioneer Design Strategy• CEO Continuum• Phd MIT Robotics- Engineering
Claudia Kotchka• 30 Years Procter + Gamble• Design Thinking Advisor For AG
Lafley
Jeanne Liedkta•Thought Leader Design Thinking + Business •Darden Prof, BCG Consutlant•Harvard MBA, BU- DBA
Saul Kaplan• 20 Yrs. Management Consulting +
Pharmaceuticals• Founder + Chief Catalyst Business
Innovation Factory
Sara Beckman• Pioneer Design + Business (Haas)• Expertise- Learning Styles- DEC• Stanford- Phd, MS- Engineering
The Learning Outcomes
Is it Desirable?
Is it Feasible?
Is it Valuable?
The Value Proposition
Desirable = Design
Feasible = Engineering
Valuable = Commerce
Gaps Gaps
Design Engineering BusinessFreshman
Sophomore
Junior
Senior
Traditional Collaborative CoursesTraditional Collaborative Courses
Traditional Collaborative CoursesTraditional Collaborative Courses
Broad Foundation
Graduate
Specialize
Addressing the Gap Effect
Career: Years 1-5Transition fromcollege to careerFocus: task execution
Career: Years 7-10task execution &tactical management
Career: Years 10+strategic leadership
Design Engineering
New Economy: Single discipline framework = lower headroom for growth
CollegeMajors
Business
Philadelphia University’s DEC Network Is Created To:
Challenge & Develop
Collaborative Design, Engineering , Commerce Curriculum
National Reputation
Major Donors To DEC + University
DEC Duos
Need Finding + Opportunity Scoping
Maryann Finew• 15 yrs. strategy consulting- Continuum• Consumer Insights+ Marketing• ID- Pratt, MBA-Harvard
Natalie Hanson• Global Director SAP• User Experience + Ethno• UG-Design Methods, PhD Anthro
Business Models + Disruptive Innovation
Saul Kaplan• 20 yrs. Management Consulting +
Pharmaceuticals• Founder + Chief Catalyst Business
Innovation Factory
Ellen DiResta• 15 strategy consulting- Continuum• Consumer Products + Strategy• Graphic Design, Engineering, MBA
Design Research + Applied Social Sciences
Nathan Shedroff• Thought leader + Author Design +
Business• Founder- MBA Design Strategy CCA• Art Center ID, MBA- Presidio
Rick Robinson• Pioneer in Applied Ethno/Anthro• Founder of E Lab, Dir Sapient + Doblin• PhD Anthro
Cognitive Preferences + Learning Styles in Teams
Sara Beckman• Pioneer Design + Business (Haas)• Expertise- Learning Styles- DEC• Stanford- PhD, MS- Engineering
Kathryn Jablakow• Research- Cognitive Preferences• Expertise- Learning Styles- DEC• PhD Electrical Engineering
MarketingGraphic DesignIndustrial Design Engineering Anthropology
A Core Curriculum Designed to Teach Trans-disciplinary Skills
DESIGN ENGINEERING COMMERCE LIBERAL ARTS
1. IDPIntegrative
Design Processes
2. BMIBusiness Model
Innovation
3. SSTBiomimicry or Eco-
Innovation
4. URMUser Research
Methods
Senior Capstone
Frameworks(insights)
Imperatives(Ideas)
Observations (Context)
Solutions(Artifacts)
Sara Beckman, CLO Institute for Design Innovation
What are the waysTo toast bread?
Is there a better way to achieve the
attributes of toasted bread?
How do we make a better toaster?
How do we make toasters less
expensively and more quickly?
DriversKey Insights
RequiredKnowledge Required Types of Innovation
Behavioral Knowledge
New Value Proposition
Technical Knowledge
New Product Technology
Product Knowledge
ProductImprovement
Manufacturing/OpsKnowledge
Product Optimization
TACI
TEX
PLIC
IT
REVO
LUTI
ON
ARY
EVO
LUTI
ON
ARY
Deep thought, decisive action…with tools to be effective
Write a break up letter with a product you once loved.
https://www.youtube.com/watch?v=39AQbvAbi8g
Create Value.https://www.youtube.com/watch?v=_2-heMzV1mA
What is beauty?https://www.youtube.com/watch?v=cIe-X3SRPd4
Steve Spinelli
Thank you!