“The Innovation-Driven Organisation” with Deloitte/MCIT

May 27, 2021 at Online (invitation only)

Which are the world’s most innovative organisations, and what exactly makes them innovative?

We live in a time of great promise but also great uncertainty.

Markets are more crowded, competition is intense, customer aspirations are constantly fuelled by new innovations and dreams. Technology disrupts every industry, from banking to construction, entertainment to healthcare. It drives new possibilities and solutions, but also speed and complexity, uncertainty and fear.

As digital and physical worlds fuse to augment how we live and work, AI and robotics enhance but also challenge our capabilities, whilst ubiquitous supercomputing, genetic editing and self-driving cars take us further.

Technologies with the power to help us leap forwards in unimaginable ways. To transform business, to solve our big problems, to drive radical innovation, to accelerate growth and achieve progress socially and environmentally too.

We are likely to see more change in the next 10 years than the last 250 years.

Markets accelerate, 4 times faster than 20 years ago, based on the accelerating speed of innovation and diminishing lifecycles of products.
People are more capable, 825 times more connected than 20 years ago, with access to education, unlimited knowledge, tools to create anything.
Consumer attitudes change, 78% of young people choose brands that do good, they reject corporate jobs, and see the world with the lens of gamers.

However, change goes far beyond the technology.

Markets will transform, converge and evolve faster. From old town Ann Arbor to the rejuvenated Bilbao, today’s megacities like Chennai and the future Saudi tech city of Neom, economic power will continue to shift. China has risen to the top of the new global business order, whilst India and eventually Africa will follow.

Industrialisation challenges the natural equilibrium of our planet’s resources. Today’s climate crisis is the result of our progress, and our problem to solve. Globalisation challenges our old notions of nationhood and locality. Migration changes where we call home. Religious values compete with social values, economic priorities conflict with social priorities. Living standards improve but inequality grows.

Agenda

Part 1: Innovation in Business

Entrepreneurs and Gamechangers: Who are the world’s most innovative companies?
Inspired by Apple and Bytedance, Cemex and DBS, Google and Lucky Iron Fish, Netflix and Tesla
What do we think they do? (Discussion)
Case 1: Microsoft … the purpose, mindset and collaboration to reinvent the trillion-dollar business
Case 2: Haier … using the power of Rendanheyi to reimagine the future of home appliances
Case 3: Amazon … creating a relentless drive for better, and how every day is day one
What can we learn from each of these companies?

Part 2: Innovation in Government

Governments and Services: Who are the world’s most innovative governments?
Inspired by Dutch Doughnut, Belgian Badges, Canadian Carrots, Korean Encore, UAE Futures
How different is public versus private sector innovation?
Case 4: Singapore … the innovative approach to deliver a Smart Nation
Case 5: Estonia … creating a digital nation of integrated services and citizens beyond borders
Case 6: UAE … from the Ministry of Possibilities to Area2071, Museum of the Future to Possibilities 2025
What can we learn from each of these companies?

Part 3: The Innovation Driven Organisation

Having the courage to create a better future: How do leaders create innovative organisations?
Inspired by Tan Le and Devi Shetty, Elon Musk and Pat Brown, Ilkka Paananen and Jessica Tan
Creating a “smorgasbord” of innovation practices
Innovation Culture: Purpose Centric, Growth Mindset, Extreme Teams, Open Systems, Gamechanger Ambitions
Innovation Process: Future Back, Outside In, Integrated Innovation, Agile Strategies, Impact Portfolio
Which would work in your organisation and how?
What are the essentials, the differentiators, and the accelerators?