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INNOVATION ? STEFAN RUST www.exicon.mobi March 2009

Exicon Innovation Mar 2009

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Page 1: Exicon Innovation Mar 2009

INNOVATION ?STEFAN RUSTwww.exicon.mobi

March 2009

Page 2: Exicon Innovation Mar 2009

EXECUTIVE SUMMARY

A core team of professionals specializing in Strategy and Execution for mobile and internet communication services. 

For each client we customize our teams to match the requirements of the project by tapping into our database of trusted specialized independent professionals focusing on the fields of

› Developer Programs and Communities› Application Sourcing› Network and handset services level API’s› Mobile Money› Social Media Marketing & Social Commerce› Digital Media› Market entry strategies 

Since 2001 we have been working on a global basis with clients from the Fortune 500 multinationals (e.g. Morgan Stanley, Sun Microsystems, GSMA, Standard Chartered, The Economist, Motorola) to innovative digital startups.

Page 3: Exicon Innovation Mar 2009

MORE THAN YOUR STANDARD CONSULTANT

Developers

Start Ups

Angel Investors

Independent Professionals

Publishing Partners

Advertising Networks

Page 4: Exicon Innovation Mar 2009

launch, mentor & resource startups 

in the areas of  Communications and Software over the Internet on any device

Page 5: Exicon Innovation Mar 2009

0 10 20 30 40 50

5

10

15

20

India

China

Malaysia

Japan

Britain

US

GDP per person at PPP*, 2006, $000*Purchasing-power parity

% of a

dult po

pulatio

n involved

 in early‐stage

entrep

rene

urial activity

Early‐stage Startup activity

$260K/engineer

$3.68K/engineer

$2.12K/engineer

2003 04 05 06 070

100

200

300

400Patents granted

0

5

10

15

20Lawsuits

China’s patent grants and IP litigation cases, ‘000

Sources: State Intellectual Property Office; Jones Day

Sources: Global Entrepreneurship Monitor High Growth Report 2007

THE DISPARITY Venture Capital per University Engineering Graduate

Page 6: Exicon Innovation Mar 2009

GREAT MARKETS

Under Serviced

Growing 

Highly Fragmented 

Page 7: Exicon Innovation Mar 2009

INNOVATION ? 

Page 8: Exicon Innovation Mar 2009

INNOVATION IS

10% Invention

90%Adoption

Page 9: Exicon Innovation Mar 2009

MASS ADOPTION IS A COMBINATION OF

Technology Usability

Marketing Commercial

Page 10: Exicon Innovation Mar 2009

INNOVATION IS THE PROFITABLE IMPLEMENTATION OF IDEAS.  

It drives economic growth

It improves quality of life

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The most innovative periods are times of strife.  War, social upheaval, economic hardship.

Page 12: Exicon Innovation Mar 2009

Economic meltdownEnvironmentEnergy RelianceRaw Material 

It’s Global

OUR CURRENT CHALLENGES ARE:

Page 13: Exicon Innovation Mar 2009

The naturally innovative nature of man comes out.

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TWO PRIMARY KINDS OF INNOVATION: 

1. IncrementalUse of an existing product in a new way

2. DisruptiveDevelopment of a completely new product or service rendering others obsolete

Page 15: Exicon Innovation Mar 2009

INNOVATION ECO‐SYSTEM

Media

Capital

Universities

Culture

Page 16: Exicon Innovation Mar 2009

INNOVATING ON A GLOBAL SCALETHE ROLE OF GOVERNMENT IN INNOVATION

•Resources need to be made available;•Collaboration between public and private sector – these are not mutually exclusive.

•Encourage individuality, creativity, collaboration;•Explain question framing;•Teach focus.

•Focus education system to mind development;•Fund research and innovation competitions;•Extend planning horizons;•Collaboration between public and private sector, central and local government.

•Identify areas for innovation;•Fund ‘clusters’ to address specific challenges.

STRATEGIC PLANNING

FUNDING

EDUCATION

POLICY

Page 17: Exicon Innovation Mar 2009

THE MAGIC OF INNOVATION

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5 CORE VALUES IN LEADERSHIP

QUESTIONINGcuriosity, evaluation, critical self assessment, Non Judgmental freedom

RISKvulnerability, attitude towards failure, fail early, learn from failures, accept failure

OPENNESSto imagination fantasy new data sharing, surprise, opinion, change path

PATIENCEtenacity, patient capital

TRUSTin oneself and others.

Page 19: Exicon Innovation Mar 2009

ENEMIES OF INNOVATION

MANAGEMENT AND MEASUREMENT TECHNIQUESProcess, Tight Structures, Metrics

BUREAUCRACYInflexible Processes

RISK AVERSIONIncentive, Safety net, Lack of Trust

BARRIERS TO OPENESSBusiness Units, Insecurity, Secrecy

LACK OFResources, Diversity, Incentive

Page 20: Exicon Innovation Mar 2009

INNOVATION NEEDS TO BE NURTURED“INSPIRATION FROM THE TOP, INNOVATION FROM THE BOTTOM”

Create the environment» make resources available» Use instinct to build a team of complimentary skills

Create the Culture» Support risk and possible failure as means to assess, learn and move on» Be committed, patient and encourage the right discussions» Set goals but extend planning horizons» Encourage trust; ideas and data sharing

Create the Eco‐System» Demonstrate openness and  promote collaboration» Listen to opinion» Have the courage to change your path if necessary – but stick to your guns if you need to.» Capacity for change in balance

Page 21: Exicon Innovation Mar 2009

Income

INNOVATION AND MONETIZATION?

Research Development

Application

Applying sciences in  new ways.

Practicality

Producing Products and services

Creativity

Courage

Tenacity

Leadership

Goal 

resources resources

Focus, Direction, Questions, Needs

Page 22: Exicon Innovation Mar 2009

BUT REALLY ONLY 4 KEY ELEMENTS

Business Leadership

Technology Design

ProgramManagement

“Rather than  a swift series of eureka moments, progress took shape in setting goals, testing, tweaking and then setting more goals” – Jon Gertner

The Strategist

The Technologist

The Pragmatist

The Creative

The OptimistAll working toward the 

same, clearly identified goal, which 

is grounded in common core 

values.

Page 23: Exicon Innovation Mar 2009

Manage Abundance, Not Scarcity. Scarcity has been obliterated by the internet.The more content Google has to organize and the more sites to place ads on, the better. Google‐owned YouTube already has more search queries than Yahoo. Amazon’s approach is to offer customers more books and CD’s that could ever fit in one physical store. 

Make Mistakes Well. Mistakes can be valuable, if you learn from them.A recent trend involves releasing products that are not properly finished, i.e. in ‘beta’ version, allowing customer feedback toidentify bugs and comment on the user experience. This feedback is then incorporated into the finished product. Proctor & Gamble endeavors to keep the company’s rate of failure with new product launches at about 40‐50%. It encourages employees to think ambitiously and take risks.

Open the Dialogue. This openness leads to a sharp decline in the negative buzz.Dell launched a Web site to get customers’ ideas after a flood of criticism over poor service. Starbucks launched mystarbucksidea.com and got 70,000 ideas in the first year.  A study by the London School of Economics highlighted that a 1% decline in negative buzz leads to a 2% increase in Sales [link]

Price as low as you can go (Free is Better) The more users, the stronger your competitive position.The fastest‐growing Net companies ‐Google, Skype, TenCent, Kaixin001, Amazon and eBay charge as little as they possibly can.

Execution and Speed. An idea is only as good as its execution.Cumbersome processes and official launch days are of the past; permanent beta, alpha or even pre‐alpha. Get out there get the feedback and then incorporate that feedback. Do less than your competitors to beat them. Solve the simple problems and leave the hairy, difficult, nasty problems to everyone else. 

EXAMPLES …..

Page 24: Exicon Innovation Mar 2009

STRATEGY AND EXECUTION

Mobile and Internet specialistsTotally focused on Mobile and Internet

Proven track recordRepeat global clients since 2001

Immersed in the IndustryIn the flow and in the know

CORE teamInnovative thought leadersHighly experienced recognized experts with backgrounds in Multinationals and start ups

CORE+ teamScalable, qualified value based resourcesGlobal reach with specialist network

Team

Page 25: Exicon Innovation Mar 2009

OVERVIEW OF RELEVANT EXPERIENCE

• Breakthrough Strategy

• Delivering results

• Execution support and commitment

• Working Global 1000 companies

• Wide network

within global

mobile and Web 2.0

developer

Community

• Asia Pacific,

Europe, and

North America

• Represents 100% of EXICON’s worldwide consulting activity

• Projects across all major markets

• Specialization  

• Globe Telecom 

• SingTel Group

• Betavine

• Orange Partners

• Java

• Litmus O2

• Sony Ericsson

• Android

• MEF

• GSMA

• MMA

• RIM

• Nokia

Technology &Telecom & Internet

Known in theMobile Content World

Mobile Application 

&Web 

EcosystemTrackRecord

Page 26: Exicon Innovation Mar 2009

SERVING CLIENTS WORLD WIDE SINCE 2001

From the World’s Largest Multinationals

to the Most Innovative Digital Startups and Associations

Page 27: Exicon Innovation Mar 2009

OTHER SOURCES

Judy Estrin: http://www.youtube.com/watch?v=uToaWrvSVB4

http://gettingreal.37signals.com/toc.php