WELCOME TO WHEREVER YOU ARE TO WEEK #1

Ground #Guidelines

Contacting Demetrious (Deme San)

 General Unit Information

Recommended Reading

Innovative Extra Education

Road Map: Corporate Innovation & Entrepreneurship
https://breo.beds.ac.uk/ultra/courses/_61982658_1/outline

Welcome! Arigato!!

ASSIGNMENT 1 & 2
Blocks of Creativity / Corporate Innovation / Entrepreneurial Mindset
SYLLABUS CONTENT: VALUE ADDITIONS ( X FACTOR!)
Agile | Flexible (adaptable)
Endurance | Resilient | Entrepreneurial (adoptable)
CIE: ROAD MAP & RUN DOWN…
ROAD MAP VS. RUN DOWN:
CORPORATE INNOVATION & ENTREPRENEURSHIP (CIE)

Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7

23 July 30 July 6 Sep 13 Sep 20 Sep 27 Sep 3 Sep

Case Study
Developing Case Study of Analysis
Problems Entrepreneurial Start-up, Micro Org. the relevant Tensions &
| Idea mindset : & SME Architecture Industry Managing the Deep Thinking
Creativity Blocks for Business Competitive Change
Invention Blocks for Model Culture Strategy as Management Filling the Gaps
Kaizen | CI & CI Creativity Vignette 1 & 2 Strategy Innovation / Process / Tools based on
Innovation Creative Support Landscape Culture / Techniques Assignment2
Disruptive Innova thinking Assignment Change Ambidextrous Resources
Entrepreneurship processes & Support Leadership /Change Organizations And A2
techniques Management Support

Aug Sep
Assignment 1 Assignment 2 9
19

ASSIGNMENT 1 & 2
Blocks of Creativity / Corporate Innovation / Entrepreneurial Mindset
Levelling the playing field ..
Closed Innovation..

Open Innovation..
Intrapreneur. Entrepreneur.
Nexus of Innovative Leadership Eco System
SILENT KILLERS OF
Innovation / Entrepreneurial Mindset
Silent Killers of Innovation!
ASSIGNMENT 1 & 2
Blocks of Creativity / Corporate Innovation /
Entrepreneurial Mindset
Foreword: Insights & Foresights
Example
Global Consulting Firms
Global Consulting Firms
Global Consulting Reports
HISTORY / CRISIS / THINKING
Time Traveler : into the futures
Imaginary minds of movie makers
PROBLEMS ARE THE GODFATHER OF HISTORY / CRISIS
1
2
Countries / Economies in Peril ? The Next

https://youtu.be/CdrLp0lKjHc?t=1
From where problems comes?
Problems Daily Budget / Future Today / Actual

• PESTEEL
• Industry / Reverse Gear Current Situation
1. Financials • Rising Cost/Imports
• Fuel Issues POD
Point of Departure
• Mistakes / Repeat
• Brand / Product / Price
2. Customer Compliance /
• Foot-fall / Service Level

• Input / Output QQSD

3. Internal Systems / Processes • Q/D/R/S
/ Inputs • Mistakes / Repeats
• Policies / Parts delay

• Staff Skill / Managerial Idea Situation

Capability
4. People • Conflicts / attitudes POA
• I/E Customer service Point of Arrival
• Pay / Promotion / Parity
Defining What is a “Problem”?

Current Situation Idea Situation

POD POA
Point of Departure Point of Arrival

Gap =
Problem
Scientific Thinking & the Toyota Way as a System

Scientific Thinking (Deep Thinking!)

PROBLEMS … IDEAS …. CREATIVITY … INVENTION ..
Business = solutions (problem + people)

Product (Service) + Price + Place + Promotion

all problems are all business are about

business business with people …
opportunities …
Ambidextrous Organizations?
Power of Problem Solving

https://twitter.com/ralph_ohr/status/967388722282008576/photo/1 26
 Ambidexterity Organization

i. Explorative (New Ways)

ii. Exploitative (Better Ways)
27
Individual Ambidexterity

Exploitation

1. Current Capabilities
2. Current Competencies
3. Current Resources

Exploration

1. New Capabilities
2. New Competencies
3. New Resources
CRISIS : RISE IS or SET IN CRISIS ?
Strategy needs Strategy!

Current Strategy vs Results ?

Scenario
(Long View Future) Intended Strategy vs Realized Strategy Crisis?
New Direction, Growth & Repositioning
“Faced with Crisis upon Crisis” – Managing Director IMF
- World Economic Forum Switzerland 2022

• Climate Change
• COVID19
• 2 Year slow down
• Mask Mania
• Russia Ukraine
• Food Crisis in Africa
• Oil crisis

• $ hyper appreciation
• Slow down of China
• 24 countries in
bankruptcy
Positive Thinking / Ideas to Come
Out / Creativity / New Strategy
New Leadership Ecosystem
 An Economic Iron Curtain: Scenarios & Implications

https://youtu.be/FE9ga4DN2VE?t=14
Weathring the ’’Perfect Storm’’!
In the Perfect Storm?

• Political instability
• Economic instability
• Post pandemic
• Digitization
• Big Data, Analytics, AI, ML Automation
• Skills, staff shortages (e.g. hospitality, travel and tourism)
• Sustainability
• Increasingly complex challenges and problems
• Or opportunities?
MSMEs (Micro, Small & Medium Enterprises)

Micro Small Medium

MSME’s
Enterprise Enterprise Enterprise

 Backbone & heart of the economy (developing & emerging)

 GDP | National Export | Resource Mobility | Innovation | National Productivity
 Entrepreneriual | Labour & Employment
 MSME’s is classified under ‘’investment in capital investment’’ or otherwise
Perfect Opportunity … in the Perfect Storm

• What is the real problem or the real challenge?

• Entrepreneurial mindset
• New business model / business model innovation
• New business architecture
• Gig mindset
• Innovation
• Digital Experience (O2O)
• Platform collaboration
• Disruptors
• Influencers
• Metaverse exposure
CRISIS : THINK FRESH / OPEN MINDED / HIT FRESH
Hit Refresh!
Corporate Life Cycle (Revenue)

Start Up Growth Matured Declining Resurrecting

Incubation Accelerated Legacy Decaying Reverse Restart

BOL = Beginning of Life MOL = Middle of Life MOL = Managing Middle of Life EOL = End of Life
Hocky Stick: (re-invention, re-innovation! Or resurrection )
CRISIS | SET IN | RISE IS | IDEAS TO SURVIVE!
Reasons Why Most Corporate Innovation Initiatives Fail
The Kodak fiasco was more than
just a flop, caused by a
deliberate ignorance of the
company’s management, who
wasn’t willing to take a chance on
a technology developed by their
own engineer. Ironically, that
same technology became their
demise when digital cameras
took over in the 90s and 00s.
Even though Kodak tried to
change, by then, it was already
too late.
Google + was a social media platform
developed by Google that was supposed to
rival Facebook.
The platform debuted in 2011, and despite an
initial surge of users, Google+ never really
took off, as it didn’t really offer anything more
than Facebook already had.
As a result, in April 2019 Google+ project was
shut down for good.
Windows Phone was Microsoft’s late
entry to the smartphone scene. Launched
in 2010, long after the market’s initial
domination by Apple’s iPhone in 2007,
after 2y after the first Android phones.
Product never attracted more than 1% of
the smartphone market. Microsoft
discontinued development in 2017
Reasons Why Most Corporate Innovation Initiatives Fail

Facebook Home. Another example of a Silicon Valley giant

overreaching in terms of corporate innovation was the story of
Facebook Home. A mobile app that would attempt to turn the vacant
space of the home screen into a news feed. The idea came about in
2013 and never really caught on, as users were mostly confused by the
functionality of the app. Some of them understandably found it creepy
and intrusive. Subsequently, Facebook Home disappeared from the
App store less than a year after it’s release.
 Imitate ? Renovate? Re-emerge? Re-Imagine? Innovate? Disrupt?

Idea | Invention |
Innovation?

www.valuer.ai/blog/50-examples-of-corporations-that-failed-to-innovate-and-missed-their-chance
Innovation to win or lose? To compete or dominate?

Innovation to choose to do or Not To Do? Innovation to succeed (win) ?

 Source: Lexus USA
Genetic Select: Car of your Dreams? Car of your Genes?
THE ART OF START UP!
7
the fate of the art of startup!

Source: a leading edge consulting inc.

Types of people & companies

Poor Rich Wealthy (filthy rich)

People & Companies People & Companies

Money! Things! Ideas!

Eg: Bill (William) Gates

Steven Jobs
Jeff Bezos
Toyoda & Honda
Source: Dr. Miles Munroe
Wealthy People & Co,

• Problems in the world .. is “Business”

• Ideas (old or new) solve (old or new) problems

• Ideas are cheap, unless it creates “commercial value”

• Ideas brings “solutions”

• Ideas changes “people” and “corporations”

• Ideas controls “world”

Did Steve Jobs did the “Job”?

• Why? “abnormal size”

• iPhone, people said this is “ultimate”
• “computer” or “laptop”
• Staff said “iPad” “never successful”
• “pocket, wallet, briefcase”

Learning# defying others “own experience” - pursuing “new

ideas”
 Innovation (amplified – simplified)

Is the capacity of “people” or “organizations” ..

• think beyond the “norm”
• think beyond the “known”
• defy the “norm”
The believe in your ability to “solve new problems”

TOYOTA – do common things “uncommonly” !

Innovative or Entrepreneurial Culture: Customer VP!

“to become earth’s most

customer centric company”
When leaders fails, team fails, champions fails!!!… learning from F1
IDEAS ARE CHEAP! HOW TO BRING CROWING
CHAMPIONING IDEAS …?
The art of W’s & H’s
STAR Ideas are crowning the championing Ideas

Source / Credit: Amazon Jeff Bezos

STAR Ideas are crowning the championing Ideas

STAR Idea Factory Form

S T A R
Situation Tasks Actions Results
Detail the background. Describe the challenges, Elaborate your specific What resources would it be
Provide a context about the expectations and barriers to actions. What you proposes needed for the
idea, where, when can be accomplish. What needed to do? How? implementation
applied ? to be done? Why?
What tool or which Explain the business,
technical expertise we financial, quality etc. results
should seek to implement for the business if this
this idea accomplishes,

Write your S Write your T Write your A Write your R

Chung Mong-koo
IaaS Companies (Innovation as a Strategy)
i-phone 2007
Why Corporate Innovation fails?

Investing projects,
Clear, vision / Build a innovation
Executive/Top Mgt POC, criteria
strategy on team. Link rewards
Buy In transparent (why?
“innovation” to results
What? how?

Build a continual & Identify types of

Invest in customer No afraid of the
continuous incremental &
validation (rugby dark (fail or failure)
improvement disrupting
scrum) & risk
culture! innovation cycles
How to facilitate SUCCESSFUL corporatee Innovation?

Innovation Insufficient
Only Lack of
for the sake of customer
Investing in “top executive”
Innovating & validation (design
“Core Business” buy-in
Timing thinking)
WHAT IDEAS CAN MAKE OR BREAK IN BUSINESS?
Idea | Creativity | Invention | Innovation
 3 I’s of an Idea (Product) – Improvement, Invention & Innovation
Creating products is about solving problems.
Critical to the success of the innovation is the Don’t create an invention when an
logic behind the “why” of the innovation innovation or an improvement will do.

product that customers already know solves sell to a known customer base using
a known problem. Most product messaging that can bridge the old idea with
improvements are the result of line your new innovation
extensions or aging products.
The Best Products Solve Problems in the Simplest Way
https://alden-mills.com/2018/07/3-is-idea-product-improvement-innovation-invention/
HOW? IDEAS CAN MAKE OR BREAK IN BUSINESS?
OFF TO WEEK #2