Wednesday, February 01, 2006

Growth and Innovation Conference Day One

I'm attending the Growth and Innovation Conference in NYC February 1 and 2. I thought I'd summarized some of the topics and interesting ideas coming out of the conference. So far, the first day has been great.

The keynote speaker, Lorraine Segil, identified several barriers to collaboration across product development lifecycles which impede innovation:

- lack of transparency
- cultural misalignment
- fear of failure
- lack of senior management commitment

The second panel, including senior executives from Pitney Bowes, Motorola and CA, talked about customer driven innovation. Their conclusions:

- Voice of the customer is good, but not enough. Pitney Bowes uses customer-centric innovation, understanding the customer's problem, then applying their own technologies or determining what new capabilities are necessary.

- Partner with the best, innovate the rest. Motorola partners with Oakley for sunglasses with mobile technology, and other leaders in their field to extend mobile data.

- No more field of dreams, or 1000 points of light - innovation must be focused on customer needs

It's clear from the discussions and questions that there needs to be a method to define what we mean by innovation when people talk about it - disruptive innovation or incremental innovation; big company innovation or small company innovation; product innovation or service innovation; etc

Many speakers are talking more and more about idea "incubation" - the idea that an idea must be captured, and developed before it is examined.

The lunch speaker, a gentleman who had run two startups and worked in very innovative firms (LoudCloud and Opsware) said there are two emotions in innovation - euphoria and terror.

Something I thought was very interesting - J&J is starting an innovation team outside of the business units and tasking it with encouraging disruptive innovation and ignoring existing business models within J&J.

What really surprises me is how little discussion there is around service model, business process or other innovation beyond product innovation. Given that less than 20% of our economy is product based, and 80% is service based, there is still not much discussion on service model innovation.
AddThis Social Bookmark Button
posted by Jeffrey Phillips at 7:11 PM

36 Comments:

Anonymous Anonymous said...

Here it is... FREE advertising, FREE download. No cost to you! Get your FREE download NOW! Make money and get FREE advertising! This is a great program for you to take advantage of... Check this out now for FREE!

To find out more visit: FREE ADVERTISING site. It successfully exposes FREE information covering traffic and related stuff. Don't forget, FREE, FREE, FREE!!!

1:17 AM  
Anonymous Generic Viagra said...

It seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials, new fabrics, new uses for furniture.

10:33 PM  
Anonymous Negocio rentable said...

hello, this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.
Inversiones en petroleo

9:03 AM  
Anonymous how to stay erect said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:19 PM  
Anonymous wisata kuliner bandung said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:19 PM  
Anonymous belajar internet marketing said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:20 PM  
Anonymous delayed orgasm said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:20 PM  
Anonymous delaying ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:20 PM  
Anonymous how to last longer in bed said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:20 PM  
Anonymous how to avoid premature ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:21 PM  
Anonymous how to prevent premature ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:21 PM  
Anonymous how to prolong ejaculation said...

i agree with you. i had similiar problem and i used what you ave taught and it worked like magic

11:21 PM  
Anonymous Invertir en oro said...

Used. Case is a bit worn but contents in good condition.

9:28 AM  
Anonymous konsultan seo said...

t seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:21 AM  
Anonymous asuransi pendidikan said...

t seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:21 AM  
Anonymous action coach said...

t seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:22 AM  
Anonymous jadi artis said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:22 AM  
Anonymous cara dapat duit said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:22 AM  
Anonymous kerja sama investasi said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:23 AM  
Anonymous coach indonesia said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:23 AM  
Anonymous jajanan bandung said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:23 AM  
Anonymous coklat valentine said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:23 AM  
Anonymous Panduan SEO said...

it seems to me that these locations can strike out as innovation centers for the furniture industry, dreaming up new materials

1:24 AM  
Anonymous konsultan perusahaan said...

I think people fear idea management and innovation because there's a significant number of ideas that simply won't plan out.......Nice statement.....keep posting

10:11 PM  
Anonymous belajar internet marketing said...

this day I've been searching for information on various issues, this I found very good and I would like to congratulate you for your work.

10:11 PM  
Anonymous parcel lebaran said...

I think that this post is one of the best that i have read in my life, congrats you did a great job,.

10:11 PM  
Anonymous delayed orgasm said...

the difference between the content spammers and most corporate innovators is that the smaller

10:12 PM  
Anonymous how to avoid premature ejaculation said...

I'm writing to you because I just came across a business that I think has great potential. It lets you save money on almost everything. Make money from almost everything,

10:12 PM  
Anonymous konsultan seo said...

If growth is important to a firm, and if growth is dependent on offering existing products and services to new customers

10:12 PM  
Anonymous tabungan pendidikan said...

innovation is very natural and happens in the "real world" as new plants and animals colonize new ecological niches.

10:12 PM  
Anonymous mengecilkan perut said...

I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect

10:13 PM  
Anonymous how to teach dogs tricks said...

We generally think most specifically about the risk associated with a new product introduction

10:13 PM  
Anonymous easy way to get pregnant said...

I would be aware that as somebody who really doesn’t comment to blogs a lot (in actual fact, this may be my first put up), I don’t think the time period “lurker” is very flattering to a non-posting reader.

10:13 PM  
Anonymous stop pre ejaculation said...

Thanks a lot for this time sharing of innovation about GROWTH AND INNOVATION CONFERENCE DAY ONE. This is really the best website about innovation i have ever read.

9:16 AM  
Anonymous alat ternak said...

thanks for sharing

9:17 AM  
Anonymous cure hemorrhoids naturally said...

I look forward to another article. It would be nice to have, too.

11:50 PM  

Post a Comment

<< Home