Judith Estrin May 4

Judith Estrin May 4

• 1.
  SustainableInnovation SIAA Judy Estrin May 4, 2009 Copyright © Judy Estrin 2008
• 2.
  Influences on MyPerspective Copyright © Judy Estrin 2008 Computer science • UCLA • Stanford • early networking research Advisory Boards • Bridge Communications • NCD • Precept • Packet Design, LLC • Mother • CTO Cisco Board member • FedEx (current) • Rockwell • Sun Microsystems • Disney (current) Author - Closing the Innovation Gap, McGraw-Hill, 2008 Over 100 interviews with innovators, leaders, educators Academic Entrepreneurial Corporate
• 3.
  Innovation Matters! Copyright© Judy Estrin 2008 Innovation drives economic growth, quality of life and is the only hope of addressing the major challenges that we face - it is also very personal, impacting our lives in and out of the office Innovation doesn’t just happen, it needs to be nurtured - you need to be willing to invest without knowing the outcome We have become shortsighted at all levels of society, creating an innovation deficit which will impact future generations
• 4.
  Different Types ofInnovation Copyright © Judy Estrin 2008 1 & 3 can be “disruptive” creating new markets and industries 2 is necessary, just not sufficient Only incremental innovation is “customer” driven All are “need” driven 1 Breakthrough Innovation Invention of something completely new (transistor, credit card) 2 Incremental Innovation Enhancement of current product or process (higher performance system, private labeled credit card) 3 Orthogonal Innovation Combination of existing innovations for use in a completely new way (iPod, debit card, Better Place)
• 5.
  Ecosystem For SustainableInnovation
• 6.
  Core Values =Capacity for Change Values need to be in balance. Questioning Curiosity, self-assessment, non-judgmental, free flowing Risk Vulnerability, attitude toward failure, fail early, learn from failure Trust In oneself, in others, safety net (bankruptcy, healthcare, education) Tenacity, patient capital Patience To imagine, new data, sharing, surprise, change Openness
• 7.
  A Very DifferentWorld Globalization - and not vs Accelerated pace Internet/Web amplifies good and bad Decades of decline in national ecosystem followed by financial crisis Scarcity in research community Entrepreneurial/VC ecosystem is broken -- risk aversion, limited options for liquidity Sustainable growth (vs looking for next bubble) comes from focusing on building and creating not just manipulating money Can we reset our values and definitions of success - imagine the impact if people thought in terms of long-term prosperity instead of short-term greed
• 8.
  New Drivers ofInnovation Past: Productivity (IT), Medicine Future: Energy/Environment, Healthcare, Education, TBD (to be discovered)… Complex, interdisciplinary problems Computing and communications play a role in all of these areas New models of government, business, academia, non-profit “collaboration” Research funding and collaboration Lab gap Balancing interests of large and small business and general public
• 9.
  Moving Beyond SilosSilos everywhere hinder our ability to address the interdisciplinary problems we face Communities of the ecosystem Fields of science Science, technology and the arts Baby boomers and Gen X, Y…. Political parties, ideologies Federal, state and local governments Geographic and/or cultural divides Need deep experts, “T people”, double Ts and connectors
• 10.
  Leadership in DifficultTimes Threats should be turned into challenges which inspire involvement - not fear and helplessness Challenges such as energy dependence/climate change, healthcare, security should all be turned into opportunities for innovation that can drive the economy Leaders need to be inspirational,collaborative, inclusive, open to input from experts, willing to self-assess and adapt Especially important in hard economic times - be smart about where to cut and where investment is critical Not everyone wants to, or can be, a leader of other people, but each of us is our own leader - responsible for our path
• 11.
  We each havea role to play! Courage, commitment, collaboration, core values….. [email_address] www.theinnovationgap.com