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Kung Fu Panda •Attention Please

iNNOVEX2014 - Satjiv Chahil

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Page 1: iNNOVEX2014 - Satjiv Chahil

Kung Fu Panda

•Attention Please

Page 2: iNNOVEX2014 - Satjiv Chahil

Interesting Failures and Unexpected SuccessA Trip Down Memory Lane.

Satjiv S. ChahilInnovation Advisor Sony Electronics

Tel Aviv, IsraelJanuary 29, 2014

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IR Innovation

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Unexpected

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Unexpected

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FROM NEW YORK TO BERLIN TO BEIJING

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Unexpected

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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.

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Thank You

What next?

THANK YOU!

[email protected]