Introduction to Innovation & Disruptive Models

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INNOVATION IS GETTING OTHERS TO DO YOUR JOB AD CLUB OF NY ‘INNOVATION CZAR’ SESSION | NOV 2013 | @SANEEL | #FINCH15 {AND OTHER THOUGHTS FROM A NON-CZAR}
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This first half of a presentation to young advertising professionals seeking an overview on product innovation, innovators dilemma and the role of marketing in the innovation process.

Transcript of Introduction to Innovation & Disruptive Models

Page 1: Introduction to Innovation & Disruptive Models

INNOVATION IS GETTING OTHERSTO DO YOUR JOB

AD CLUB OF NY ‘INNOVATION CZAR’ SESSION | NOV 2013 | @SANEEL | #FINCH15

{AND OTHER THOUGHTS FROM A NON-CZAR}

Page 2: Introduction to Innovation & Disruptive Models

E V E R N O T I C E INNOVATION IS ALWAYS DEFINED D I F F E R E N T L Y ?

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“ ”I T K I N D A M A K E S R U N N I N G A N INNOVATION COMPANY HARD

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WE CREATE REVENUE GENERATING DIGITAL BUSINESSES FOR MATURE BRANDS

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MORE SIMPLY

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MORE SIMPLY

REVENUEGENERATION

BRANDBUILDING

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CAN’T WE ALL JUSTGOOGLE

IT?

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in•no•va•tion |ˌinəˈvā sh ən| noun

the introduction of something new.

T H E D E F I N I T I O N

Merriam-Webster

Page 9: Introduction to Innovation & Disruptive Models

in•no•va•tion |ˌinəˈvā sh ən| noun

the introduction ofsomething new {and relevant}.

T H E D E F I N I T I O N

Merriam-Webster-Radia

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R E L E V A N T

HARD- ANY ORGANIZATIONAL LEADER

NEW AND

I S R E A L LY“ ”

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@edwardboches:

Opening minds. Inspiring change. Creating unexpected connections. Dissecting cool stu! + re-applying. Sharing. Experimenting.

Chief Innovation O!cer, Mullen@CLAYCHRISTENSEN

WHY DO SUCCESSFUL

COMPANIES FAIL?

ACTUAL INNOVATION CZAR

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@RISHADT

THE FUTURE

COMES FROM THE

SLIME

CHAIRMAN, DIGITAS / LBI / RAZORFISH

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NEW & RELEVANT IS EASIER FOR

THOSE OUTSIDE YOUR COMPANY

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NEW & RELEVANT IS EASIER FOR

THOSE OUTSIDE YOUR COMPANY

(says the guy who googled his job)

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SOMETHING THIS VALUABLE MUST BE EARNED

FROM CUSTOMERS

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FROM MORE THAN JUST ABENEFITING

EARNING VALUE FROM CUSTOMERS MEANS

TRANSACTION

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EARNING VALUE (NOT MEDIA) FROM CUSTOMERS IS

THE ESTABLISHED INNOVATIONMODEL OF WEB COMPANIES

craigslist

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INNOVATIONGETS A LOT EASIER

WHEN YOURCUSTOMERS

DO IT FOR YOU

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INNOVATIONGETS A LOT EASIER

WHEN YOURCUSTOMERS

DO ITWITH YOU(that’s collaboration)

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COLLABORATIONLANDSCAPE

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

DELL IDEASTORM MY

STARBUCKSIDEAREDDIT

CONNECT+

DEVELOP

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

DELL IDEASTORM MY

STARBUCKSIDEAREDDIT

CONNECT+

DEVELOP

AMAZONSTUDIOS

GROUPONKICK-

STARTERPEPSI

REFRESH

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

DELL IDEASTORM MY

STARBUCKSIDEAREDDIT

CONNECT+

DEVELOP

AMAZONSTUDIOS

GROUPONKICK-

STARTERPEPSI

REFRESH

LEGOCUUSOO LOCAL

MOTORSPUZZLE

CLUBHOUSE GEWINK

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

DELL IDEASTORM MY

STARBUCKSIDEAREDDIT

CONNECT+

DEVELOP

AMAZONSTUDIOS

GROUPONKICK-

STARTERPEPSI

REFRESH

LEGOCUUSOO LOCAL

MOTORSPUZZLE

CLUBHOUSE GEWINK

+ CONTROL

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GROUPACHIEVEMENT CO-CREATIONCROWD-

SOURCING

+ CONTROL

+ COLLABORATION

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HOW DO COMPANIES EARN VALUE FROM THEIR

CUSTOMERS?{AND BAKE IN MARKETING}

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THEY MAKE THEMPART OF A LOVING COMMUNITY

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THEY MAKE THEMPART OF A LOVING COMMUNITYWITH HIGH EXPECTATIONS

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THEY MAKE THEMPART OF A LOVING COMMUNITY

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THEY MAKE THEMPART OF A LOVING COMMUNITYAND A HIGHER PURPOSE

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THEY GIVE AWAYSTUFF CUSTOMERS FIND

HIGHLY VALUABLE

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THEY GIVE AWAYSTUFF CUSTOMERS FIND

HIGHLY VALUABLE

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THEY GIVE AWAYSTUFF CUSTOMERS FIND

HIGHLY VALUABLEEVEN IF THEY DON’T

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THEY GIVE AWAYSTUFF CUSTOMERS FIND

HIGHLY VALUABLE

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THEY GIVE AWAYSTUFF CUSTOMERS FIND

HIGHLY VALUABLEINCLUDING “HIERARCHY”

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OR THEY JUST DON’T TELL THEM

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OR THEY JUST DON’T TELL THEM

BECAUSE IT WAS EASY

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OR THEY JUST DON’T TELL THEM

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OR THEY JUST DON’T TELL THEM

BECAUSE THEY’RE SHINY

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EARNING VALUE

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CONVERTS

INTO INNOVATION

EARNING VALUE

MARKETING

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CAN LEAD TO

AND DRIVEINNOVATION

EARNING VALUE

MARKETING

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CAN LEAD TO

AND DRIVEINNOVATION

EARNING VALUE

MARKETING

{THIS IS OUR NEXT THESIS}

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{BREAK}@SANEEL

FINCH15.COMGPLUS.TO/F15