Professional Documents
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RETHINK
TECHNOLOGY | INNOVATION | DESIGN THINKING | EMERGING TECHNOLOGIES
21st century
challenges and the
degeneration dilemma
Throughout human history, engineering has advanced business, society, and quality of life. Metallurgy
ended the Stone Age. Shipbuilding connected the continents. Networks of canals facilitated trade. The
Now, at the dawn of the 21st century, we face new challenges, including
sustainable energy, carbon sequestration, clean water, health informatics,
cyber security, and many others.
Solving big problems requires big efforts. The dilemma is that many organizations are stuck in the
status quo—struggling to remain productive and relevant. The West is stagnating, according to Niall
Ferguson, author of The Great Degeneration. In 2016, falling short of expectations, global growth
was cited at 2.3 percent, a post-crisis low. World Bank projections for 2020 are that global growth
will achieve a modest gain of 2.7 percent. The European economy will remain stagnant while the U.S.
economy is predicted to grow by only 2.5 percent. China, India and developing economies will grow at
The price of stagnation extends beyond the business community to society at large. One casualty
is jobs. Since 2009, the U.S. economy produced 11.7 million jobs, however the number of people on
disability benefits has risen 13 percent. Other casualties are the people and businesses who must
continue to do without innovations that have been put on hold. Technology leaders are in a position
to help their companies overcome a stagnant economy. But reinvigorating the business requires new
ways of thinking about disruption, technology, strategy, and product design. Enabling business vitality
BASHEER JANJUA
Founding Chair & President, CTO Forum
The evolution
of the CTO Forum
We are an independent, non-commercial, non-profit institution dedicated to
bringing together the brightest minds of our time to address key challenges
facing 21st-century organizations. CTO Forum members convene in an
intellectually charged environment to rethink engineering, technology,
disruption, and strategy—advancing their company’s mission, society at large,
and their own career trajectories.
OUR MISSION
The mission of CTO Forum is to cultivate growth and continuing relevance of organizations by guiding,
educating, and training their senior technology and business leaders in a neutral setting. We believe
that executives can better lead their organizations by engaging in candid dialogue with their peers
about mutual challenges, and by gaining early awareness of advanced research, tested methodologies,
OUR METHODOLOGY
Technology, Design & Engineering, Emerging Technologies, or Digital Strategy. These programs are
repeated yearly to incorporate new insights from top engineers, technologists, researchers, scientists,
academicians, authors, entrepreneurs, and business leaders. Programs include presentations, panel
discussions, and networking workshops where participants draw from their experiences to identify
Our members are leaders in their fields, who share a passion for applying technology in innovative
ways to address contemporary challenges to business, society, and quality of life. Among our current
members are some of the world’s most respected and accomplished technology and business leaders,
representing global corporations. Members include CEOs, COOs, CTOs, CIOs, VPs of Engineering and
IT, chief scientists, heads of research, laboratory directors, authors, entrepreneurs, and strategists.
PROGRAMS
By aggregating expertise and effort, corporations accomplish what individuals cannot. Led effectively,
CTO Forum believes that organizations, led effectively, can become indispensable to society. After
more than a decade of discussions with senior executives from Fortune-ranked businesses, academia,
and research institutes, we have identified organizational areas where senior leaders can make
significant differences. These include innovation strategy, technology operations and IT, engineering
and product development, emerging technologies, and R&D. Our programs focus on these areas.
CTO Forum provides ideas and peer support for developing and leading indispensable organizations.
As a member, you gain insights on making your current business more efficient, resilient, and agile.
At the same time, the forum provides early awareness of future technologies, growth opportunities,
and newly forming ecosystems to help your company remain relevant as the future unfolds.
2020
March 23 - 24, 2020 rethink enterprise technology
Transformation Beyond the Digital Frontier
St. Regis Hotel, San Francisco
Guest Speakers for all programs are distinguished business and technology leaders, top tier Ivy League
PROGRAM FOCUS
Stephen Jay Gould in his book ‘Punctuated Equilibrium’, pointed out his study of fossils over multiple
evolutionary eras suggesting that species change did not advance gradually, instead massively and
disruptively. Gould further noted that after mass extinctions during those evolutionary eras, a tiny
minority of species survived and rapidly filled ecosystem gaps as a result of ‘speciation’. Perhaps,
there is a corollary to the business disruption cycles in Gould’s framework.
It appears, currently the large-scale organizations are facing existential evolutionary change in the
form of Digital Disruption. Since 2000, half of the Fortune 500 has been displaced and half of today’s
Fortune 500 will not exist as independent organizations beyond next decade. The average age of
an S&P 500 has shrunk by a factor of five in the past 60 years. On the other hand, ‘Digitally Woke’
top 100 organizations have claimed 84% of the total publicly traded profits in 2015. What are their
enduring competitive advantages – perhaps, ‘digital transformation’ and evolution beyond the digital
frontier?
CTO Forum hosts Fortune 500 Senior Technology Leaders to deep dive and explore ‘digital
transformation’ that has provided extraordinary success for early adopters - Cloud, DevSecOps,
Analytics, Technologies empowering digital experiences, blockchain, cognitive, and digital reality (AR,
VR, & IoT). Emerging Technologies demand new ways of thinking about the enterprise, information
systems, work, and the new role of IT and Engineering organizations and their executive leadership.
Rethink Enterprise Technology explores opportunities in all core areas, preparing organizations
for digital transformation and frontiers beyond digital, and the 2025-projected $100 trillion annual
economy.
$3.87 10%
TRILLION
and the global enterprise software and when queried, 75% of Business and
spending for 2019 is projected to hit $466 IT Executives admit they anticipate their
7 8
billion projects will fail
March 23 - 24, 2020
St. Regis Hotel, San Francisco
KEY LEARNINGS
o Mastering new rules at the intersection of IT, business, and innovation
o Identifying technologies to transform IT and modernize the enterprise
o Evaluating business value of the disruptive technologies for enterprise adoption
o Distinguishing innovative technology from ‘new marketing of same old technologies’
o Differentiating incremental changes from complete transformation of IT
o Transforming business using social media, mobile internet and cloud computing
RECOMMENDED READING
o Information, Technology, and Innovation… by John M. Jordan
o The Shallows and The Big Switch, by Nicholas Carr
o Machine, Platform, Crowd: Harnessing Our Digital Future, by Adam Saunders and Erik Brynjolfsson
PROGRAMS
PROGRAM FOCUS
As world-class companies strive to remain productive in a stagnant economy, they face complex 21st-
century challenges. According to Boston Consulting Group, that investigated the longevity of more
than 30,000 public firms in the United States over a 50-year span, public companies have a one-
in-three chance of being delisted in the next five years, whether because of bankruptcy, liquidation,
M&A, or other causes. That’s six times the delisting rate of companies 40 years ago. To help Fortune
500 companies harness the extraordinary potential of technology, CTO Forum and Harvard Business
School have joined forces to present the Rethink Innovation Strategy program on strategic leadership
of technology and innovation. The mission of this groundbreaking program is to help senior leaders
identify, examine, and overcome the industry challenges they face in developing and leading the
organization and in sustaining a competitive edge.
The best minds in business and technology from diverse industries and countries convene on the
HBS campus to rethink strategy, disruption, and innovation—and prepare to meet tomorrow’s global
challenges and opportunities. Participants will emerge with a refreshed perspective, new strategic
approaches, and a global network that extends long after the program concludes.
Rethink Innovation Strategy is an exclusive executive education program that helps top-tier
technology and business executives transform their leadership and organizations by building a culture
of breakthrough innovation, corporate renewal, and systemic growth. Along with an elite group of
Fortune 500 executives, you will explore innovative strategies for transforming your leadership,
delivering value through technology, and differentiating your company for competitive advantage.
441 34
By 2019, Out of 30,628 U.S. workers, only
%
of the 1955 Fortune 500 COMPANIES of employees are ENGAGED, the
DISAPPEARED, MERGED OR RELEGATED majority of 53% is not engaged, while
2
DOWN and only 61 of the 1955 firms another 13% are actively disengaged.
1
remained on the list.
June 14 - 17, 2020
Harvard Business School, Boston
RECOMMENDED READING
o Strategy Is Destiny, by Robert A. Burgelman
o Innovator’s Solution, by Clayton M. Christensen and Michael E. Raynor
o The Future of Management, by Gary Hamel and Bill Breen
PROGRAMS
PROGRAM FOCUS
Advances in design thinking, user interface, user experience, and overall quality provides
unprecedented opportunities to create and launch products that inspire consumers and establish new
markets. Each year, billions of dollars are spent on product development. According to Accenture
research, product development spending exceeds $700 billion among the 2,000 largest global public
companies. This is a trajectory expected to continue on a upward course, as it is based upon +10-year
CAGR of 4.8-percent.
With the substantial sums of money and resources being invested in product development, why do
so many products fail? Success rates of new product introductions and innovations have improved
little over the last twenty years. Design thinking, user interface, user experience, and market insight
are among what may differentiate successes from failures. Product designers need to understand how
consumers use products versus how designers think they are used. Streams of real-time data can be
turned into actionable information to continuously improve the product development process. With
the emphasis shifting from back-end to front-end development, design thinking is playing a central role
in leading innovation at successful organizations.
New product success is vital to the growth and longevity of the modern corporation. It is also crucial
for the survival of organizations in today’s digital age. There is little doubt that smarter decisions
are necessary in the design and development process. The Rethink Design & Engineering program
explores the latest breakthroughs and trends in the overall process of innovation, design thinking,
product and platform development by presenting intricate details for the lifecycle of products within
the distinct phases of development cycles.
66 80
years
3
%
of new PRODUCTS FAIL within the first two either FAILED, DISAPPOINTED, OR WERE
CANCELLED whereas the COST to bring a
new consumer product to the market has
%
4
QUADRUPLED within a 5-year period
October 1, 2020
St. Regis Hotel, San Francisco
RECOMMENDED READING
o Change by Design, by Tim Brown
o Creative Confidence, by Tom Kelley and David Kelley
o Hooked: How to Build Habit-Forming Products, by Nir Eyal with Ryan Hoover
o Designing Your Life, by Bill Burnett and Dave Evans
PROGRAMS
PROGRAM FOCUS
The technology landscape is changing at a frenetic pace. Emerging technologies and technological
advances continue to alter the business landscape, disrupting the status quo, and changing the way
people live and work. Very few companies can ignore the risk of becoming irrelevant, ending up as
mere footnotes of business history. While not every emerging technology will upend established
markets, some will, and it is therefore imperative to understand their business potential and social
impact.
Investments in emerging technologies do not necessarily guarantee success. While Strategy&’s 2015
Global Innovation study reported the ten most innovative companies outperformed the top R&D
spenders by 8-percent in revenue growth, as of 2017, this figure has grown to 11-percent. The failure of
many organizations to improve R&D performance is not due to lack of effort or commitment but in-
stead due to a misconception about the drivers of R&D performance. Research shows that disruption
occurs when technologies, processes, and business models are combined in a unique way. Therefore, it
is critical to get an R&D strategy in place and determine which technologies have the potential to add
value to the existing business or create a brand new market before companies make the decision to
invest in them.
The Rethink Emerging Technologies program has been developed to help senior technology leaders
separate the technology signals from the noise, with the goal to provide key insights into emerging
technologies that have transformational potential and are positioned to create new waves of innovation
across multiple industries. The program also explores the best R&D models to improve innovation
performance and drive growth.
95 86
Doblin Research
% %
of INNOVATION ATTEMPTS, on average, of leaders from top R&D institutions ARE
5
FAIL to return their capital STRUGGLING TO STAY AHEAD OF THE
MAJOR TRENDS reshaping the R&D
6
landscape
CTO FORUM PROGRAMS: RETHINK STRATEGY
October 2, 2020
St. Regis Hotel, San Francisco
RECOMMENDED READING
o The Idea Factory, by Jon Gertner
o Innovator’s Solution, by Clayton M. Christensen and Michael E. Raynor
o How the Mighty Fall, by James C. Collins
Why CTO Forum?
We provide a forum for senior technology and business leaders to discover
what’s next in technology, engineering, disruption, and strategy. Members
convene to interact with distinguished guest speakers, and each other in a
unique format intended to foster dialogue. Our motivation is not profits,
but a passion to accelerate human progress.
No other organization brings you face to face with so many senior leaders prepared to share so
candidly, freed from having to “perform” for reporters or analysts. Program participants share their
FOCUSED CURRICULUM
CTO Forum focuses on the four pillars of organizational growth: Technology, Engineering, Disruption,
and Strategy. Annual programs in each area provide in-depth exposure to the latest advances in IT,
product development, emerging technologies, and innovation strategies. Our goal is for participants to
leave the forum with fresh ideas for achieving company goals and their own career objectives.
Discussions at CTO Forum programs are closed-door. Within a community of peers—away from
reporters, analysts, and vendor sales executives—members can more freely discuss challenges and
setbacks.
DISTINGUISED SPEAKERS
CTO Forum brings together leaders from Fortune ranked organizations, faculty from the top 20
engineering and business schools, researchers from top-tier R&D centers and laboratories, and
founders of startups in the spotlight. Speakers’ observations can stimulate your own thinking and steer
Allowing you to focus on your organization’s future away from the distractions of the workplace.
Continue conversations over healthy food, on the golf course, and while visiting nearby Silicon Valley
organizations.
Thought Leadership
PAST DISTINGUISHED GUEST SPEAKERS
Gary Hamel Urs Hölzle Jen-Hsun Huang Pat Gelsinger Charlie Giancarlo
World-renowned SVP for Technical CEO CEO Chairman
author & business Infrastructure NVIDIA VMware Avaya
thought leader Google
Alex Gourlay Andrés Gluski Ralph Izzo Donald Knauss Keith Krach
President President & CEO Chairman & CEO CEO Chairman & CEO
Walgreen Co. AES PSEG Clorox DocuSign
Roger Krone Mark Little Geoffrey Moore Werner Vogels Christy Wyatt
Chairman & CEO CTO Author, speaker & CTO & VP Chairman & CEO
Leidos GE business advisor Amazon Good Technology
“
“
CTO Forum offers excellent professional development
opportunities, directly applicable for leading large-scale
change in the enterprise
“
“
Thank you for a very exciting and thought-provoking
program on corporate innovation, driving change, and
strategic relevance
KEN LEBLANC, CTO, RSA
“
In a short amount of time, concepts that I think are
“
valid, and very relevant to today’s businesses and
where we need to lead to, have been presented in
a format that is very easy to understand
ZULFIKAR JEEVANJEE, SVP, ALLSTATE
“
The CTO Forum has provided me an outstanding
“
opportunity to connect with peers who I consider
leaders in their respective industries. It has been an
amazing experience
KRISTINA DRAPER, SVP & CTO, WELLS FARGO
“
I came hoping to hear more about how to build
“
better products, and I am leaving with not only the
inspiration to innovate but also a sense of responsi-
bility to build better organizations
“
The experience has been incredible, the content has
“
been very insightful, and the coworkers and colleagues
in the room have a lot of experience industry wide - I
am very impressed with the program
“
“
The environment was stimulating due to a rare level of
authentic and passionate participation from the other
attendees as well as the guest speakers
“
It’s been a great experience. These are leadership lessons
that I can take back and apply. In addition, networking“
with the vast array of people, skills and industries repre-
sented has made the entire program a success for me
ANDREW ZITNEY, SVP STRATEGY, MCKESSON
“
The opportunity to interface with a variety of
“
individuals from across different industries and
technologies has made this a fantastic
experience
CHRISTINE CIOFFE, SVP GLOBAL R&D, PEPSICO
“
I look at the investment I make into attending an
“
event and consistently, the CTO Forum provides a
very high return in the sense of what I can actually
take action on when I am back in my office
STEVEN GRAY, CTO, QUALCOMM
“
It was great to talk with other CTOs, CIOs,
“
and senior executives about the challenges
and opportunities they are facing in their
industries
CORPORATE MEMBERSHIP OFFERS: Benchmark Performance with our Exclusive Fortune 500
• Two admissions per program Studies and Surveys
• Access to Knowledge Center for all
Sr. Technology Leaders (VP +) ACCESS POWER
Enhance your Access and Influence with Prestigious
EXECUTIVE MEMBERSHIP: Network of Peers
• One non-transferable admission
per program RETHINK TECHNOLOGY
• Access to Knowledge Center Revolutionize IT Systems, Data and Technology
Operations
CYBER MEMBERSHIP:
• One non-transferable license to
RETHINK STRATEGY
access Knowledge Center
CTO Institute: Strategic Leadership of Technology
and Innovation
TO JOIN CTO FORUM:
• Apply online: www.ctoforum.org
• Call us directly: (408) 806-9595 RETHINK ENGINEERING
• Write us: membership@ctoforum.org Tech, Tools and Methodologies for Breakthrough
Development
RETHINK DISRUPTION
Emerging Technologies Transforming Life, Business, and Society
BOARD CORPORATE EXECUTIVE CYBER
Mark Papermaster Curt Belusar Scott Crowder Radhika Venkatraman Andre Sublett
AMD Apple BMC Software Credit Suisse GE Healthcare
Raji Arasu Fidelma Russo Ryan Kean Karl Gouverneur Paul Lehman
Intuit Iron Mountain The Kroger Co. Northwestern Mutual Optiv
Jeremy King Cary Bran Joseph Santamaria Robin Landeck Jeff Calusinski
Pinterest Poly PSEG Teradata USAA
Shankar Arumugavelu Fiona Tan Kristina Draper Arun Rajan Kedar Deshpande
Verizon Walmart Wells Fargo & Co. Whole Foods Market Zappos.com
Notes
1
Source: Fortune Magazine, “Fortune 500 Annual Ranking”, 1955 - 2019
2
Source: Gallup “Employee Engagement Report”, 2018
3
Source: Strategy& (former Booz&Company): http://web.archive.org/web/20160623103509/http://
www.innovationexcellence.com/blog/2014/10/21/welcome-to-the-era-of-product-intelligence/
4
Source: Nielsen report: http://www.forbes.com/sites/berlinschoolofcreativeleadership/2016/01/05/a-
5
Source: Strategy and Business “Global Innovation 1000 Study”, 2018
6
Source: McKinsey & Company “McKinsey Global R&D of the Future”, 2016
7
Source: Gartner “Worldwide IT Spending Forecast”, 2019
8
Source: Geneca “Software Development Projects Failure Study”, 2017
Telephone
408.806.9595
Membership Request
membership@ctoforum.org
Office of President
basheer.janjua@ctoforum.org
www.ctoforum.org
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