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Innovation Management: How Social
Technologies are Changing The Way
Companies Design Products and
Services
Michael Fauscette, GVP SBS
@mfauscette
about.me/mfauscette
   #directions13
2
#directions13   © IDC 2013
The Information Revolution
Economic changes


                            Social Changes


Technology changes
                                            3
            #directions13      © IDC 2013
Business becomes social (again)
Mass individualization


                             Influence


Experience
                                             4
             #directions13      © IDC 2013
Product / Service                       Business Model




Continuous                              Disruptive

                                                     5
                    #directions13   © IDC 2013
Today
        Customers – Partners
        Employees (outside the
           Innovation silo)




                Innovation
                 Process




        No End-To-End System
                                              6
        #directions13            © IDC 2013
Innovation Process




        Connected




   Integrated System
                                    7
#directions13          © IDC 2013
Innovation Management Process

Ideasource   Source               Collect




                                                   Collaborate
  Develop    Evaluate             Select

  Produce    Design              Execute

 Feedback    Collect             Analyze

                                                                 8
                 #directions13        © IDC 2013
Ideasource

§  Source


§  Collect




                                           9
              #directions13   © IDC 2013
Why?
Q. What specific initiatives are you planning to conduct using social software
             for BUSINESS purposes in the next 12 months?
                                         Online communities
                                             Social Learning
     Public social network for marketing /customer service/
                                  Application/Video Sharing
         Socialytics (analytic tools and applications used to
                                                   Recruiting
       Web chat/voice/video over IP applications (including
      Enterprise Social Network (including activity streams)
                                          Web broadcasting
                                              Peer feedback
                                    Online office productivity
                                                    Blog/Wiki
                                File/Content sharing service
         "Ideasourcing (tools that are used to collect ideas/
                                     Geo-Social networking
                                   Internal Discussion forum
                                           Prediction market
             "Innovation Management (more complex than
                                  External Discussion forum
                                              Crowdsourcing
      External micro-blog for marketing / customer service/
                                          Internal micro-blog
      External Gamification (particularly behavior analytics)
       Internal gamification (particularly behavior analytics)
                                                                 0%   5%   10%    15%    20%    25%    30%     35%    40%

                                                                                                                               10
                                              #directions13
                                                                           N=701, IDC Social Software Survey,, February 2013
Develop

§  Evaluate


§  Select




                                            11
               #directions13   © IDC 2013
Produce

§  Design


§  Execute




                                           12
              #directions13   © IDC 2013
Feedback

§  Collect


§  Analyze




                                           13
              #directions13   © IDC 2013
Some Things to Consider
§  End-to-End Process supported
    by Integrated Systems

§  Power of Crowdsourcing –
    Unlocking Distributed
    Expertise

§  Power of Community

                                            14
               #directions13   © IDC 2013
Some Things to Consider
§  Chief Innovation Officer?


§  Culture Change Requires a
    Specific Plan


§  Align Supporting Elements:
    Incentives, Organization, etc.

                                              15
                 #directions13   © IDC 2013
Questions?



Michael Fauscette
GVP, Software Business Solutions
@mfauscette
Blog: www.mfauscette.com
about.me/mfauscette


                                           IDC Social Business Blog
                                           https://idc-insights-community.com/
                                           groups/it_agenda/social-business

                                                                           16
                           #directions13         © IDC 2013

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Innovation Management: How Social Technologies are changing the Way that Companies Design Products and Services

  • 1. Innovation Management: How Social Technologies are Changing The Way Companies Design Products and Services Michael Fauscette, GVP SBS @mfauscette about.me/mfauscette #directions13
  • 2. 2 #directions13 © IDC 2013
  • 3. The Information Revolution Economic changes Social Changes Technology changes 3 #directions13 © IDC 2013
  • 4. Business becomes social (again) Mass individualization Influence Experience 4 #directions13 © IDC 2013
  • 5. Product / Service Business Model Continuous Disruptive 5 #directions13 © IDC 2013
  • 6. Today Customers – Partners Employees (outside the Innovation silo) Innovation Process No End-To-End System 6 #directions13 © IDC 2013
  • 7. Innovation Process Connected Integrated System 7 #directions13 © IDC 2013
  • 8. Innovation Management Process Ideasource Source Collect Collaborate Develop Evaluate Select Produce Design Execute Feedback Collect Analyze 8 #directions13 © IDC 2013
  • 9. Ideasource §  Source §  Collect 9 #directions13 © IDC 2013
  • 10. Why? Q. What specific initiatives are you planning to conduct using social software for BUSINESS purposes in the next 12 months? Online communities Social Learning Public social network for marketing /customer service/ Application/Video Sharing Socialytics (analytic tools and applications used to Recruiting Web chat/voice/video over IP applications (including Enterprise Social Network (including activity streams) Web broadcasting Peer feedback Online office productivity Blog/Wiki File/Content sharing service "Ideasourcing (tools that are used to collect ideas/ Geo-Social networking Internal Discussion forum Prediction market "Innovation Management (more complex than External Discussion forum Crowdsourcing External micro-blog for marketing / customer service/ Internal micro-blog External Gamification (particularly behavior analytics) Internal gamification (particularly behavior analytics) 0% 5% 10% 15% 20% 25% 30% 35% 40% 10 #directions13 N=701, IDC Social Software Survey,, February 2013
  • 11. Develop §  Evaluate §  Select 11 #directions13 © IDC 2013
  • 12. Produce §  Design §  Execute 12 #directions13 © IDC 2013
  • 13. Feedback §  Collect §  Analyze 13 #directions13 © IDC 2013
  • 14. Some Things to Consider §  End-to-End Process supported by Integrated Systems §  Power of Crowdsourcing – Unlocking Distributed Expertise §  Power of Community 14 #directions13 © IDC 2013
  • 15. Some Things to Consider §  Chief Innovation Officer? §  Culture Change Requires a Specific Plan §  Align Supporting Elements: Incentives, Organization, etc. 15 #directions13 © IDC 2013
  • 16. Questions? Michael Fauscette GVP, Software Business Solutions @mfauscette Blog: www.mfauscette.com about.me/mfauscette IDC Social Business Blog https://idc-insights-community.com/ groups/it_agenda/social-business 16 #directions13 © IDC 2013