Managing Technological Innovation Vinay Dabholkar Sept 25, 2017 A - - PowerPoint PPT Presentation

managing technological innovation
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Managing Technological Innovation Vinay Dabholkar Sept 25, 2017 A - - PowerPoint PPT Presentation

Managing Technological Innovation Vinay Dabholkar Sept 25, 2017 A warm-up quiz (1/2) Imagine you are the Chief Technology Officer (CTO) of BEST Bus service organization. Which technology would you invest in today? Why? A warm-up


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Managing Technological Innovation

Vinay Dabholkar Sept 25, 2017

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A warm-up quiz (1/2)

  • Imagine you are the Chief Technology Officer

(CTO) of BEST Bus service organization.

– Which technology would you invest in today? – Why?

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A warm-up quiz (2/2)

  • Now, imagine you are the Technology Sec
  • f your hostel.
  • Which technology would you invest in today?
  • Why?
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Type of technology decisions

4 Core Decisions Should I invest? When? How much? How is it going?

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Amazon, Flipkart, Google

Machine Learning Should I invest? When? How much? How is it going?

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Crompton-Greaves, Kirloskar Engines

Internet of Things Should I invest? When? How much? How is it going?

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What happens when technology management decisions go wrong?

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How many of you have owned a Nokia phone in your life?

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2002-2003 Nokia Launches

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Missing the smartphone bus?

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To use Android or not?

Nokia launches X series weeks before Microsoft buy-out

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Creative destruction: Example #2

  • First patent for digital camera? 1975
  • Several proposals in 1990s – rejected
  • Bill Gates’ prophecy – “Kodak is toast”
  • Filed for bankruptcy in 2012
  • A new “kodak moment” Nov 2013
  • Focus on printers – not films?

http://www.slideshare.net/Christiansandstrom/disruptive-innovation-and-the-bankruptcy-of- polaroid-presentation http://www.catalign.in/2009/03/kodak-is-toast-insights-from-bill-gates.html

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3 Core problems

1 How to build an idea pipeline? 2 How to improve idea velocity? 3 How to enhance batting average?

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Most established firms suffer from poor idea velocity

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Let’s look at the iPhone story a little closely

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The making of the iPhone: Exercise

  • 1. Where did the idea begin?
  • 2. How was multi-touch de-risked?
  • 3. Where all did luck play a role?
  • 4. Which, if any, aspects of Steve’s approach

do you feel is worth trying out for you? Reading time: 5 min Group discussion: 10 min Individual reflection: 5 min

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3 aspects of Steve Jobs approach

  • Taking a “big bet” position
  • Focus
  • Simplicity

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How old is “multi-touch”?

www.catalign.com 19

http://www.billbuxton.com/multitouchOverview.html

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S-curve and Bell-curve

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Geoffrey Moore’s Chasm

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Not crossed the chasm yet (Example-1)

“As big a deal as PC” – Steve Jobs (Dec 2001) “More important than Internet” – Doerr (‘01) 40K/month  6K (‘03) 50K till 2009

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Not crossed the chasm: Example-2

http://www.livemint.com/Companies/xdOJFP2FP3PCGsiCrta a8H/Is-the-end-of-the-road-near-for-Tata-Nano.html

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Two key questions

  • Will this technology cross the chasm?
  • When will it cross the chasm?

You can’t predict!

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Electric car: reaching mass market?

Tesla Reva E6 (BYD) (25K) (500/yr) (171K/yr)

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Gartner Hype curve (S-curve + Chasm)

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Hype curve against the chasm

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Gartner Hype curve - 2017

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Multi touch on hype cycle

www.catalign.com 31

http://www.billbuxton.com/multitouchOverview.html

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When did Apple jump on multi-touch?

www.catalign.com 32

http://www.billbuxton.com/multitouchOverview.html

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An Indian example of “Creative Destruction”

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Micromax!

http://economictimes.indiatimes.com/articleshow/5908850 9.cms?utm_source=contentofinterest&utm_medium=text& utm_campaign=cppst

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Reasons?

http://economictimes.indiatimes.com/articleshow/5908850 9.cms?utm_source=contentofinterest&utm_medium=text& utm_campaign=cppst

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Summary: “Science” of disruption

  • “Disruptive forces” need to be tracked
  • There is a chasm to be crossed
  • You can’t predict if / when a technology will

cross the chasm

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