Managing Innovation Ecosystem to drive economic growth and develop culture and mindset for innovation

1. Innovation
Building Bridges for the Future
Global
Innovation
Index
Innovation
Ecosystem
Step
Change
Bincang PERSpektif
12 Oct 2016
Agus Wicaksono
Chairman iCIO

2. Chairman
Become a premiere community of IT leaders
and decision makers that share and leverage
knowledge among members, collaborate to
groom effective leadership skills, contribute
to national IT capacity building, and partner
for economic growth.
 Mar 2013  20 May 2016  200+
Communication
& Research Partnership Membership Advocacy

3. Global Innovation Index 2016
50 55 60 65 70
Germany
Netherland
Denmark
Ireland
Singapore
Finland
USA
United Kingdom
Sweden
Switzerland
0 20 40 60
88-Indonesia
74-Philippines
59-Vietnam
52-Thailand
35-Malaysia
Innovation is now widely
recognized as a central
driver of economic growth
and development
QAT
LUX
BRN
SGP
NOR
SMR
ARE
KWT
USA
HKG
CHE
Guinea
128-Yemen
Top GNP per Capita

4. The Economic of Innovation
Economic
Output
The process by which an idea
is translated to business value.
No. of Inputs
Think of New Ways
* Joseph Schumpeter (1883-1950) :
Innovation is the critical dimension of economic change

5. Innovation Spectrum
Ideas
Management
Business
ValueLevel of Development
Valley of
Death

6. The Innovation Ecosystem
Mindset
Trust
Risk
Disruptive
Innovation
Creative
Destruction
Corporate Culture
• Open
• Abundance
• Empathy
Change
Enabling
Technology
Crowd and Share
Startup
Financial
Access &
Support
• Venture Capitals
Laws and
Regulations

7. Digital Driver
 Improve Information Exchange and
knowledge diffusion
 Increase Cooperation in Research and
Innovation
 Change Competition for Markets, a Critical
Factor for Innovation

8. Taking a Step Change …
Innovation
Inertia
Breakthrough
and Disruptive
Sustainable
Transformative
Incremental
Unsustainable Sustainable / Adaptable
SlowRapid
Exploration Transformation
* Andrew & Gaia Grant: The Innovation Race
Exploitation

9. Sustaining Innovation
New trends
emerge
Innovative start-ups
create disruptive
business models
Early adopters
embrace the new models
Advanced incumbents
begin to adopt
Mainstream
customers adopt
Laggard
incumbents
drop off
Tipping
point
Time
Source: McKinsey Quarterly May 2014 – Strategic principles for competing in the digital age
 Strategy and Management
 People and Culture
 Process, Tools, and Metrics
‘Keep on improving: lean sigma …’
‘Inspiring Friday’
‘R & A – public’

10. @aguswicaksono Agus Wicaksono agusw@chevron.com http://aguswicaksono.blogspot.com
Thank You