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Ten steps to disruption
How to harness disruptive innovation in education and training
Colin Kinner 2016 ACPET Queensland State Forum Wed 13 April 2016
Scalable
$
Costs
Revenues
time
NOT Scalable
Costs
Revenues
$
time
DISRUPTED
DISRUPTING
Economic Complexity Index – Australia, 2013
Reproduced with kind permission of Peter Lewis and the Newcastle Herald
http://www.pollenizer.com/if-disruption-hurts/
Disruption Susceptibility Score___ We provide a product or service with features that could be dispensed with
___ Our product or service is not delivered via the internet, but parts of it could be
___ Our business is highly reliant on skilled labour
___ Our industry has been relatively stable for more than 50 years
___ Our industry is worth more than $10 billion per annum globally
___ Customers in our industry are generally dissatisfied
___ The main players in our industry are viewed as complacent
___ Our profit margins are high
___ Our customers are loyal because of our trusted brand
___ Our company is big enough to not be concerned about smaller competitors
Score: ___ / 10
Trends fuelling disruption in education and training• Globalisation• Removal of infrastructure• On-demand consumption• Centralisation of content delivery• Democratisation of content creation• Unbundling of learning, tuition, assessment and
accreditation• Growing demand from emerging economies• Reducing delivery cost
Source: TitanVine
Companies disrupting education and training
5 million learners
15 million learners
4 million learners
Acquired by LinkedIn for US$1.5 billion
4 million learners
TEN steps to disruption
Innovate internally
1.
Innovation in Australian firms
Source: Australian Bureau of Statistics
Source: Department of Industry
Create a safe environment for innovation
2.
Reward (good) failure
3.
#flearn
Seek out large opportunities
4.
Be prepared to cannibalise your existing business
5.
Use innovation tools
6.
Nespresso machines
RetailMail
order
Nespresso.com
Callcentre
Nespresso stores
Households
Business
1 x machinesales
Repeat pod sales
Coffee Production facilites
Production B2C distribution
Marketing
Patents
Machine manufacturer
Production
B2C distribution
Marketing
Nespresso club
Brand Nespresso pods
Distribution channels
Engage in Open Innovation
7.
Bell Labs Research Division, 1966
Closed Innovation
Development New Productsand Services
TheMarket
Internalinnovation
Open Innovation
In-sourcing
ExistingMarket
Internalinnovation
Externalinnovation
Out-licensing
Spin-offs NewMarkets
Other Firms’
Markets
Engage with entrepreneurs
8.
Train your staff and students to think like entrepreneurs
9.
Collaborate with startups
10.
Singapore
Predict the future11.
Colin Kinner
www.spikeinnovation.com.au
@ColinKinner
http://au.linkedin.com/in/colinkinner