Cardware Conference 09/06/2016
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Cardware Conference 09/06/2016
- 1. Stakeholders driving payment evolution & digital identity A Method to the Madness Craig Haney Director, Corporate Innovation Communitech craig.haney@communitech.ca
- 2. Stakeholders driving payment evolution & digital identity A Method to the Madness 15 Plays to build repeatable innovation
- 3. Stakeholders driving payment evolution & digital identity FACT. Healthy growth requires an environment open to new and unexpected direction.
- 4. Stakeholders driving payment evolution & digital identity Innovate inside (invention) if… oYou have a secret sauce that is defensible oYou’re Org can handle the ambiguity of the future oYou have a cross BU funding model for innovations oYou have an cross BU leadership team focused on executing innovation prototypes oYour industry is driven by IP o“Invention” is in your corp DNA
- 5. Stakeholders driving payment evolution & digital identity Innovate outside (collaborative) if… o Your industry is moving faster than you can o You believe startups can help drive innovation for you o You need to learn what you don’t know o If your Org can’t find, hire, and enable intrapreneurs from inside o Your org has a culture of process and risk mitigation o If Business Model Disruption is possible in the next decade (or less) o You want to learn from adjacent industries
- 6. Stakeholders driving payment evolution & digital identity Ambidextrous Organization – Walk & Chew Gum
- 7. Stakeholders driving payment evolution & digital identity Type of Innovation Process Execution Process Execution Steve Blank Horizon 3 support orgs Horizon 3 support orgs Refactoring Group Refactoring Group Continuous Innovation Continuous Innovation • Success means scale • Scale requires plans, KPI’s procedures, processes, incentives • Innovation becomes execution Disruptive Innovation Disruptive Innovation Horizon 2 Horizon 3 Horizon 1 Innovation Becomes Execution Horizon 1 Adopts Horizon 2 & 3
- 8. Stakeholders driving payment evolution & digital identity Put your foot on the Gas Company A 85% 15% Company B 60% 30% 10% Company C 30% 50% 20% Horizon 1 Horizon 2 Horizon 3 NOW 3-5 years18-36 months
- 9. Stakeholders driving payment evolution & digital identity FACT. A company’s ability to rapidly translate ideas into action is the ultimate competitive advantage.
- 10. Stakeholders driving payment evolution & digital identity BUILD MVP’S CREATE COMMON LANGUAGE CONNECT THE ECOSYSTEM (BOTH INSIDE & OUT) SEE THE WORLD TRANSFER KNOWLEDGE TRAIN THE TEAM BUILD A REPEATABLE PROCESS IDEA GENERATION HIRE AN ACTIVATOR & TEAM
- 11. Stakeholders driving payment evolution & digital identity The Art of the Possible Ecosystem innovation to drive productivity Process & governance to drive culture INNOVATION READINESS ASSESSMENT CONTINUOUS IMPROVEMENT TELL A GOOD STORY PRODUCTIZE INNOVATION ALIGN TO THE STRATEGY SEE THE WORLD BUILD A REPEATABLE PROCESS FOUNDERS LAB INNOVATION COUNCIL
- 12. Stakeholders driving payment evolution & digital identity FACT. Innovation fails because of a lack of discipline, not a lack of new ideas
- 13. Stakeholders driving payment evolution & digital identity Innovation Council PeoplePeople ProcessProcess TransferTransfer Critical Business Outcomes Critical Business Outcomes
- 14. Stakeholders driving payment evolution & digital identity The easy part…Ideas – Employee Engagement Minimum Viable Product Customer validation Viability Business Model Prototype
- 15. Stakeholders driving payment evolution & digital identity Focus on the problem to solve
- 16. Stakeholders driving payment evolution & digital identity The hard part Prototype Investment Resources Culture Process Fear of failure Short term thinking
- 17. Stakeholders driving payment evolution & digital identity From Idea to Product Ideas – Employee Engagement MVP Customer validation Viability Business Model Investment Resources Innovation Council Culture Process
- 18. Stakeholders driving payment evolution & digital identity In Summary Think different – embrace open innovation Innovation is happening faster & at lower costs Speed is a differentiator Different business models emerge Walk & chew gum at the same time Don’t wait…Go!
- 19. Stakeholders driving payment evolution & digital identity news.communitech.ca The Nimble Hippo
- 20. Stakeholders driving payment evolution & digital identity Craig Haney Director, Corporate Innovation craigahaney @craighaney
Notas del editor
- Our goals were ambitious: we set out to help entrepreneurs create 100 new companies that would generate 2,000 new jobs and raise $100M in new investment capital. By focusing our efforts and raising the visibility of Ontario as a place where technology companies would thrive, we also pledged to attract three new multinational companies to do business in the Province.
- Our goals were ambitious: we set out to help entrepreneurs create 100 new companies that would generate 2,000 new jobs and raise $100M in new investment capital. By focusing our efforts and raising the visibility of Ontario as a place where technology companies would thrive, we also pledged to attract three new multinational companies to do business in the Province.
- Our goals were ambitious: we set out to help entrepreneurs create 100 new companies that would generate 2,000 new jobs and raise $100M in new investment capital. By focusing our efforts and raising the visibility of Ontario as a place where technology companies would thrive, we also pledged to attract three new multinational companies to do business in the Province.