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Kung Fu Panda
•Attention Please
Interesting Failures and Unexpected SuccessA Trip Down Memory Lane.
Satjiv S. ChahilInnovation Advisor Sony Electronics
Tel Aviv, IsraelJanuary 29, 2014
IR Innovation
Unexpected
Unexpected
FROM NEW YORK TO BERLIN TO BEIJING
Unexpected
Interesting Failures and Unexpected Success
Lessons Learned:
“Opportunities for innovation in everything.”
1. There are infinite innovative ideas - execution is key.2. Be adaptable & look broader than the original target market.3. Must understand segmentation & cultural implications of innovations.4. Look beyond your industry.5. Beyond economic & tech impact – lifestyle impact.6. Business justification can be completely different than foreseen.7. Create buy-in within internally & externally with all stakeholders.8. Persistence & patience are essential for successful commercialization.9. Adoption usually happens in a hockey stick manner.10.Partnerships & ecosystems are key to mass adoption.