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Innovation Warm-UP
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Innovation in Action
Professor: Fernando Huerta
A practical business approachWarm-up
Who Innovates? – Countries (BCG)
• 1.- Singapore
• 2.- South Korea
• 3.- Switzerland
• 4.- Iceland
• 5.- Ireland
• 6.- HK
Who Innovates? – Countries (BCG)
• 7.- Finland
• 8.- USA
• 9.- Japan
• 10.- Sweden
• 11.- Denmark
• 12.- Netherland
Who Innovates? – Companies (BW)
• 3.- Toyota
• 4.- Microsoft
• 5.- Tata
• 6.- Nintendo
• 1.- Apple
• 2.- Google
Who Innovates? – Companies (BW)
• 9.- Nokia
• 10.- Microsoft
• 11.- Amazon
• 12.- IBM
• 7.- P&G
• 8.- Sony
R&D Budget
Why Product Innovation (PI) Fails?
Why PI Fails?
Why Product Innovation Fails?
Why Product Innovations Fails?
Why Product Innovation Fails?
• Because our mindset is not ready to undertakes the innovation challenge:– Curiosity– Exploring– Discovering– Thinking– Executing…….Innovation
Why our mind Fails?
Why our mind Fails?
Why our mind Fails?
• Because our mind follow patterns and also looks to face challenges with current established Neural Networks…..
• What we need….. Establish new neural networks in our mind
• But How?........
Challenging your Innovations Skills
• Problem: Use your thinking brain and solve the next problem.
26 – 63 = 1• Rules:
– A) You can not add or delete anything.– B) The equation has to be right.– B) You can change one number or sign to any position.
Challenging your Innovations Skills
• Problem: Complete and find rationale of the sequence:
1 2 3 4 5 ____2 4 8 16 32 ____1 10 100 1000 10000 ____0 5 4 2 9 ____
Innovation in Action
Professor: Fernando Huerta
A practical business approachWarm-up