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FromFrom The Wright Brothers To Israel
Eight Thoughts On Innovation
January, 2017
Innovation Ecosystem Cred
Innovation
“I guess the truth is that we were just plain dumb”
Dan Kumler
City Editor
Dayton Daily News
#1
Human’s have not evolved to know
what breakthrough innovation is,
even when it is staring them right
in the face
#2
You can’t crowd source
innovation
Amazon’s Share Price ‘97-’99
Amazon’s Share Price ‘97-’01
Amazon’s Share Price ‘97-’17
Humans Struggle With The Timing & The
Impact of Innovation
“We tend to over estimate the
impact of major technological
breakthroughs in the short run
and underestimate the impact in...
Idealab At 20 – More than 100 Co’s
#4
Innovation is very
dependent on timing, luck
and serendipity
The Good News
VS.
Source: TEDx, April 2015
Corporations Know They Need To Change
Incremental Innovation
Innovation Is Happening At Scale
#5
Most corporations
weren’t formed to
innovate. They need
help.
Innovation As A Core Mission
Pixar Maxims
• Why are only 4 of their 16 movies sequels
– “To avoid becoming creatively bankrupt, we have to do things th...
Maxim Creep
#6
At Truly Innovative
Companies, Innovation Is
At The Core
Of How The Business
Defines Itself
#7
Success In the 3rd Wave
Will Entail More
Partnerships, Policy,
and ….. Bullshit
Facebook Revenues V. Projections
#8
Engagement = $$$
You’re either growing engagement
(and therefor users and revenue)
or you’re DYING
Machine Learning / AI
Voice Is The New Browser
Facebook’s DOMINATES Engagement
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
From The Wright Brothers to Israel - Thoughts On Innovation
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From The Wright Brothers to Israel - Thoughts On Innovation

My favorite presetnation to give to help people put Innovation in to context.

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From The Wright Brothers to Israel - Thoughts On Innovation

  1. 1. FromFrom The Wright Brothers To Israel Eight Thoughts On Innovation January, 2017
  2. 2. Innovation Ecosystem Cred
  3. 3. Innovation
  4. 4. “I guess the truth is that we were just plain dumb” Dan Kumler City Editor Dayton Daily News
  5. 5. #1 Human’s have not evolved to know what breakthrough innovation is, even when it is staring them right in the face
  6. 6. #2 You can’t crowd source innovation
  7. 7. Amazon’s Share Price ‘97-’99
  8. 8. Amazon’s Share Price ‘97-’01
  9. 9. Amazon’s Share Price ‘97-’17
  10. 10. Humans Struggle With The Timing & The Impact of Innovation
  11. 11. “We tend to over estimate the impact of major technological breakthroughs in the short run and underestimate the impact in the long run” Roy Amara President Institute For The Future Stanford Research Institute #3 - Amara’s Law
  12. 12. Idealab At 20 – More than 100 Co’s
  13. 13. #4 Innovation is very dependent on timing, luck and serendipity
  14. 14. The Good News VS. Source: TEDx, April 2015
  15. 15. Corporations Know They Need To Change
  16. 16. Incremental Innovation
  17. 17. Innovation Is Happening At Scale
  18. 18. #5 Most corporations weren’t formed to innovate. They need help.
  19. 19. Innovation As A Core Mission
  20. 20. Pixar Maxims • Why are only 4 of their 16 movies sequels – “To avoid becoming creatively bankrupt, we have to do things that are high risk” • Why are 100% of their movies are over budget – “The biggest reason it costs more than you think is that along the way, you realize something you didn’t know when you started.” • Why spend $’s making the shorts – “Well, we are sending signals. It is a signal to our employees that we’re doing something for which we don’t get any money. “
  21. 21. Maxim Creep
  22. 22. #6 At Truly Innovative Companies, Innovation Is At The Core Of How The Business Defines Itself
  23. 23. #7 Success In the 3rd Wave Will Entail More Partnerships, Policy, and ….. Bullshit
  24. 24. Facebook Revenues V. Projections
  25. 25. #8 Engagement = $$$ You’re either growing engagement (and therefor users and revenue) or you’re DYING
  26. 26. Machine Learning / AI
  27. 27. Voice Is The New Browser
  28. 28. Facebook’s DOMINATES Engagement

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