[Music] radical disruptive incremental whatever
radical disruptive incremental whatever
radical disruptive incremental whatever the nature of innovation is once it hits
the nature of innovation is once it hits
the nature of innovation is once it hits the market they can be placed on a
the market they can be placed on a
the market they can be placed on a simple well curve something that looks
simple well curve something that looks
simple well curve something that looks like this introduction growth maturity
like this introduction growth maturity
like this introduction growth maturity and decline but what was the journey of
and decline but what was the journey of
and decline but what was the journey of an innovation from being seed of an idea
an innovation from being seed of an idea
an innovation from being seed of an idea to becoming a commercially successful
to becoming a commercially successful
to becoming a commercially successful product generating millions of dollars
product generating millions of dollars
product generating millions of dollars in sales innovation are like great
in sales innovation are like great
in sales innovation are like great movies it takes lot of people and months
movies it takes lot of people and months
movies it takes lot of people and months of time behind the camera to make one
of time behind the camera to make one
of time behind the camera to make one but you barely think how the movie was
but you barely think how the movie was
but you barely think how the movie was made while watching it innovation has
made while watching it innovation has
made while watching it innovation has much tougher journey let’s take a look
much tougher journey let’s take a look
much tougher journey let’s take a look for the last four years I’ve interacted
for the last four years I’ve interacted
for the last four years I’ve interacted with hundreds of startups and
with hundreds of startups and
with hundreds of startups and entrepreneurs pick up a problem big
entrepreneurs pick up a problem big
entrepreneurs pick up a problem big enough and worth solving they come up
enough and worth solving they come up
enough and worth solving they come up with great ideas but great ideas aren’t
with great ideas but great ideas aren’t
with great ideas but great ideas aren’t creativity are the least of the
creativity are the least of the
creativity are the least of the challenge in innovation the real
challenge in innovation the real
challenge in innovation the real challenge is in coming up with a
challenge is in coming up with a
challenge is in coming up with a commercially successful prototype that
commercially successful prototype that
commercially successful prototype that can be produced at scale and can be sold
can be produced at scale and can be sold
can be produced at scale and can be sold at a price point that justifies the
at a price point that justifies the
at a price point that justifies the value it delivers that’s where the
value it delivers that’s where the
value it delivers that’s where the excitement ends and the struggle begins
excitement ends and the struggle begins
excitement ends and the struggle begins what I call as the plateau of lousy
what I call as the plateau of lousy
what I call as the plateau of lousy execution where people are struggling to
execution where people are struggling to
execution where people are struggling to bring their ideas to life they
bring their ideas to life they
bring their ideas to life they eventually Bluemont into valley of death
eventually Bluemont into valley of death
eventually Bluemont into valley of death but successful innovators are the ones
but successful innovators are the ones
but successful innovators are the ones who cross this it’s almost like they
who cross this it’s almost like they
who cross this it’s almost like they have a secret bridge
have a secret bridge
have a secret bridge it’s a secret all innovators in the past
it’s a secret all innovators in the past
it’s a secret all innovators in the past I’ve crossed new all future innovators
I’ve crossed new all future innovators
I’ve crossed new all future innovators can learn and emulate from successful
can learn and emulate from successful
can learn and emulate from successful innovators don’t work alone they join
innovators don’t work alone they join
innovators don’t work alone they join hands with people who believe in what
hands with people who believe in what
hands with people who believe in what they believe they collaborate some of
they believe they collaborate some of
they believe they collaborate some of the greatest innovations in the modern
the greatest innovations in the modern
the greatest innovations in the modern history from 86 lightbulb to Steve Jobs
history from 86 lightbulb to Steve Jobs
history from 86 lightbulb to Steve Jobs iPod has been made possible through
iPod has been made possible through
iPod has been made possible through collaboration you know it is take their
collaboration you know it is take their
collaboration you know it is take their peers colleague something even
peers colleague something even
peers colleague something even competition through this collaborative
competition through this collaborative
competition through this collaborative bridge in their pursuit of innovation
bridge in their pursuit of innovation
bridge in their pursuit of innovation historians list 22 inventors of
historians list 22 inventors of
historians list 22 inventors of lightbulb before Edison but how did he
lightbulb before Edison but how did he
lightbulb before Edison but how did he make it big in 1881 soon after obtaining
make it big in 1881 soon after obtaining
make it big in 1881 soon after obtaining a patent he started a factory with 45
a patent he started a factory with 45
a patent he started a factory with 45 men they would blow out or glass tubes
men they would blow out or glass tubes
men they would blow out or glass tubes to make 700 bulbs a day that’s a gross
to make 700 bulbs a day that’s a gross
to make 700 bulbs a day that’s a gross under supply to meet the demand she was
under supply to meet the demand she was
under supply to meet the demand she was close to
close to
close to flatty of lousy execution that’s where
flatty of lousy execution that’s where
flatty of lousy execution that’s where collaboration with Corning Glass Works
collaboration with Corning Glass Works
collaboration with Corning Glass Works happens the same Corning that makes the
happens the same Corning that makes the
happens the same Corning that makes the Gorilla Glass in our smartphones today
Gorilla Glass in our smartphones today
Gorilla Glass in our smartphones today for the next few years
for the next few years
for the next few years Corning would produce what’s called as
Corning would produce what’s called as
Corning would produce what’s called as the ribbon machine which can produce up
the ribbon machine which can produce up
the ribbon machine which can produce up to 2,000 bulbs a minute compare this to
to 2,000 bulbs a minute compare this to
to 2,000 bulbs a minute compare this to the 700 they were making
the 700 they were making
the 700 they were making if not for this collaboration Thomas
if not for this collaboration Thomas
if not for this collaboration Thomas Edison would have been among one of the
Edison would have been among one of the
Edison would have been among one of the 23 inventors of lightbulbs whose name we
23 inventors of lightbulbs whose name we
23 inventors of lightbulbs whose name we never knew that’s the beauty of
never knew that’s the beauty of
never knew that’s the beauty of collaboration in bringing ideas to life
collaboration in bringing ideas to life
collaboration in bringing ideas to life and making it a business organizations
and making it a business organizations
and making it a business organizations try to innovate all the time but the
try to innovate all the time but the
try to innovate all the time but the challenge is collaboration so lack of
challenge is collaboration so lack of
challenge is collaboration so lack of collaboration is not lack of innovation
collaboration is not lack of innovation
collaboration is not lack of innovation but monumental screw-ups and
but monumental screw-ups and
but monumental screw-ups and mismanagement until recently France had
mismanagement until recently France had
mismanagement until recently France had two entities running the railway the rff
two entities running the railway the rff
two entities running the railway the rff which takes care of railway
which takes care of railway
which takes care of railway infrastructure and platforms and SNCF
infrastructure and platforms and SNCF
infrastructure and platforms and SNCF which runs drains on top of them when
which runs drains on top of them when
which runs drains on top of them when 2009 SNCF ordered about 3 3 wil million
2009 SNCF ordered about 3 3 wil million
2009 SNCF ordered about 3 3 wil million worth new trains closer to the delivery
worth new trains closer to the delivery
worth new trains closer to the delivery they realized the trains are too wide to
they realized the trains are too wide to
they realized the trains are too wide to fit the platform maintained by our FF
fit the platform maintained by our FF
fit the platform maintained by our FF they had to spend another 70 million
they had to spend another 70 million
they had to spend another 70 million dollar to trim down the stations but the
dollar to trim down the stations but the
dollar to trim down the stations but the real price they paid was humiliation in
real price they paid was humiliation in
real price they paid was humiliation in international media and the social media
international media and the social media
international media and the social media meme puts it very well they had to scale
meme puts it very well they had to scale
meme puts it very well they had to scale down right so what happens if
down right so what happens if
down right so what happens if organisations do not collaborate is this
organisations do not collaborate is this
organisations do not collaborate is this total screw-ups
total screw-ups
total screw-ups real innovators collaborate like their
real innovators collaborate like their
real innovators collaborate like their life depends on it
life depends on it
life depends on it that’s Henry and his colleague
that’s Henry and his colleague
that’s Henry and his colleague demonstrating bulletproof vest to the
demonstrating bulletproof vest to the
demonstrating bulletproof vest to the police department in 1923 if every
police department in 1923 if every
police department in 1923 if every business aims to innovate for their
business aims to innovate for their
business aims to innovate for their customer then there is absolute merit in
customer then there is absolute merit in
customer then there is absolute merit in inviting your customers to be part of
inviting your customers to be part of
inviting your customers to be part of the innovation Cara metal is makers of
the innovation Cara metal is makers of
the innovation Cara metal is makers of advanced materials and alloys in my
advanced materials and alloys in my
advanced materials and alloys in my visit to their plant in Pennsylvania
visit to their plant in Pennsylvania
visit to their plant in Pennsylvania there as a restricted area got my
there as a restricted area got my
there as a restricted area got my attention I would host explain its R&D
attention I would host explain its R&D
attention I would host explain its R&D facility for that customer the US
facility for that customer the US
facility for that customer the US Defense Department US Defense Department
Defense Department US Defense Department
Defense Department US Defense Department Commission’s can our metal to create
Commission’s can our metal to create
Commission’s can our metal to create armors and shields one Skara metal does
armors and shields one Skara metal does
armors and shields one Skara metal does it the US Defense Department works to
it the US Defense Department works to
it the US Defense Department works to create much hard ones bullets that can
create much hard ones bullets that can
create much hard ones bullets that can penetrate the shield thereby they reset
penetrate the shield thereby they reset
penetrate the shield thereby they reset the entire cycle of innovation so can a
the entire cycle of innovation so can a
the entire cycle of innovation so can a metal starts all over again
metal starts all over again
metal starts all over again to create much advanced materials the
to create much advanced materials the
to create much advanced materials the end result of this beautiful
end result of this beautiful
end result of this beautiful collaboration is a fortified Defense
collaboration is a fortified Defense
collaboration is a fortified Defense Department with really advanced bullets
Department with really advanced bullets
Department with really advanced bullets and shields
and shields
and shields that’s a beautiful example of a
that’s a beautiful example of a
that’s a beautiful example of a business-to-business collaboration or
business-to-business collaboration or
business-to-business collaboration or two organizations are you know coming
two organizations are you know coming
two organizations are you know coming together to create something but how can
together to create something but how can
together to create something but how can you do it at scale in the age of digital
you do it at scale in the age of digital
you do it at scale in the age of digital that’s actually possible Wikipedia is a
that’s actually possible Wikipedia is a
that’s actually possible Wikipedia is a great example after 244 years of
great example after 244 years of
great example after 244 years of existence Britannica encyclopedia had to
existence Britannica encyclopedia had to
existence Britannica encyclopedia had to shut down its print edition thanks to
shut down its print edition thanks to
shut down its print edition thanks to Wikipedia an innovation made possible
Wikipedia an innovation made possible
Wikipedia an innovation made possible only through collaboration amongst its
only through collaboration amongst its
only through collaboration amongst its reason readers or customers
reason readers or customers
reason readers or customers come back this Wikipedia has about 3.8
come back this Wikipedia has about 3.8
come back this Wikipedia has about 3.8 million articles as opposed to the
million articles as opposed to the
million articles as opposed to the 65,000 articles in Britannica
65,000 articles in Britannica
65,000 articles in Britannica encyclopedia which cost you about
encyclopedia which cost you about
encyclopedia which cost you about thousand four hundred dollars and
thousand four hundred dollars and
thousand four hundred dollars and sixty-five kilos not so pocket-friendly
sixty-five kilos not so pocket-friendly
sixty-five kilos not so pocket-friendly is it some of the loss of collaborative
is it some of the loss of collaborative
is it some of the loss of collaborative innovation can be learned from biology
innovation can be learned from biology
innovation can be learned from biology and nature not from management textbooks
and nature not from management textbooks
and nature not from management textbooks not from smart arts no complicated
not from smart arts no complicated
not from smart arts no complicated jargons no regression analysis biology
jargons no regression analysis biology
jargons no regression analysis biology in nature the term is mutualism a
in nature the term is mutualism a
in nature the term is mutualism a symbiotic relationship where both the
symbiotic relationship where both the
symbiotic relationship where both the species benefit in this case the
species benefit in this case the
species benefit in this case the cowbirds in their migratory path don’t
cowbirds in their migratory path don’t
cowbirds in their migratory path don’t build their own nest the hitchhike on
build their own nest the hitchhike on
build their own nest the hitchhike on the bison while they’re at it they feed
the bison while they’re at it they feed
the bison while they’re at it they feed on the mites and insects and clears the
on the mites and insects and clears the
on the mites and insects and clears the Bison of parasites both seem to be
Bison of parasites both seem to be
Bison of parasites both seem to be pretty happy about it biology and nature
pretty happy about it biology and nature
pretty happy about it biology and nature can teach us lot more about solving
can teach us lot more about solving
can teach us lot more about solving complex problems through collaborative
complex problems through collaborative
complex problems through collaborative innovation termites without any off site
innovation termites without any off site
innovation termites without any off site we start with the presentations or
we start with the presentations or
we start with the presentations or supervision build mounds which has the
supervision build mounds which has the
supervision build mounds which has the right mixture of carbon dioxide and
right mixture of carbon dioxide and
right mixture of carbon dioxide and oxygen it has different silos it’s eight
oxygen it has different silos it’s eight
oxygen it has different silos it’s eight to be discovered how they do it but what
to be discovered how they do it but what
to be discovered how they do it but what we can learn is it’s not built by a
we can learn is it’s not built by a
we can learn is it’s not built by a single termite it’s built through
single termite it’s built through
single termite it’s built through collaboration amongst hundreds and
collaboration amongst hundreds and
collaboration amongst hundreds and thousands of termites imagine if an
thousands of termites imagine if an
thousands of termites imagine if an organization where everyone works with a
organization where everyone works with a
organization where everyone works with a similar spirit as this I wish
another challenge businesses face is how
another challenge businesses face is how do i scale my business I guess know the
do i scale my business I guess know the
do i scale my business I guess know the answer already but let me tell you the
answer already but let me tell you the
answer already but let me tell you the story of Ted that’s a CD being
story of Ted that’s a CD being
story of Ted that’s a CD being demonstrated in the first-ever Ted in
demonstrated in the first-ever Ted in
demonstrated in the first-ever Ted in 1984 back then Ted was a closed door
1984 back then Ted was a closed door
1984 back then Ted was a closed door even for a selected few in Silicon
even for a selected few in Silicon
even for a selected few in Silicon Valley how did it become ideas worth
Valley how did it become ideas worth
Valley how did it become ideas worth spreading the first moment happened when
spreading the first moment happened when
spreading the first moment happened when Ted videos would go online in 2006 in 3
Ted videos would go online in 2006 in 3
Ted videos would go online in 2006 in 3 years it got about a million views but
years it got about a million views but
years it got about a million views but the most pivotal moment happened to Ted
the most pivotal moment happened to Ted
the most pivotal moment happened to Ted when TEDx was introduced in 2010
when TEDx was introduced in 2010
when TEDx was introduced in 2010 independently organized Ted events
independently organized Ted events
independently organized Ted events around the world through the power of
around the world through the power of
around the world through the power of collaborations with communities in just
collaborations with communities in just
collaborations with communities in just two years Ted videos would receive its
two years Ted videos would receive its
two years Ted videos would receive its billionth view and that’s the moment it
billionth view and that’s the moment it
billionth view and that’s the moment it become ideas worth spreading through
become ideas worth spreading through
become ideas worth spreading through collaboration with communities around
collaboration with communities around
collaboration with communities around the world
another interesting outcome of creating
another interesting outcome of creating a conducive environment for
a conducive environment for
a conducive environment for collaboration is creating some of the
collaboration is creating some of the
collaboration is creating some of the world’s great valuable companies for
world’s great valuable companies for
world’s great valuable companies for example Apple and Google two of the most
example Apple and Google two of the most
example Apple and Google two of the most valuable companies today ten years ago
valuable companies today ten years ago
valuable companies today ten years ago the entire app development ecosystem did
the entire app development ecosystem did
the entire app development ecosystem did not exist how did this happen
not exist how did this happen
not exist how did this happen just imagine innovations like uber and
just imagine innovations like uber and
just imagine innovations like uber and Airbnb are built on top of Google Maps
Airbnb are built on top of Google Maps
Airbnb are built on top of Google Maps and not on standalone GPS products like
and not on standalone GPS products like
and not on standalone GPS products like Garmin or TomTom that existed ten years
Garmin or TomTom that existed ten years
Garmin or TomTom that existed ten years before Google Maps was commercially
before Google Maps was commercially
before Google Maps was commercially available when you make the conducive
available when you make the conducive
available when you make the conducive environment for others to collaborate
environment for others to collaborate
environment for others to collaborate and innovate even your business thrives
and innovate even your business thrives
and innovate even your business thrives that’s a favorite image of mine is from
that’s a favorite image of mine is from
that’s a favorite image of mine is from Google’s annual developer conference the
Google’s annual developer conference the
Google’s annual developer conference the conference is called as IO rightly
conference is called as IO rightly
conference is called as IO rightly called innovation in the open right so
called innovation in the open right so
called innovation in the open right so they allow anyone to collaborate on
they allow anyone to collaborate on
they allow anyone to collaborate on innovate
it’s impossible for any one organization
it’s impossible for any one organization to have all the skills and resources
to have all the skills and resources
to have all the skills and resources required to bring an idea to life
required to bring an idea to life
required to bring an idea to life that’s where collaboration comes in
that’s where collaboration comes in
that’s where collaboration comes in handy this law the company that’s
handy this law the company that’s
handy this law the company that’s changing automobiles as we know it was
changing automobiles as we know it was
changing automobiles as we know it was made possible through collaboration with
made possible through collaboration with
made possible through collaboration with Lotus and Panasonic Lotus would provide
Lotus and Panasonic Lotus would provide
Lotus and Panasonic Lotus would provide them with the body of the glider and
them with the body of the glider and
them with the body of the glider and Panasonic gives them the battery that
Panasonic gives them the battery that
Panasonic gives them the battery that powers the car so an electric car made
powers the car so an electric car made
powers the car so an electric car made by Lopes and battery powered by
by Lopes and battery powered by
by Lopes and battery powered by Panasonic so what is Tesla doing
Panasonic so what is Tesla doing
Panasonic so what is Tesla doing collaborating first generation iPod the
collaborating first generation iPod the
collaborating first generation iPod the product that changed Apple’s course of
product that changed Apple’s course of
product that changed Apple’s course of history and revolutionized music could
history and revolutionized music could
history and revolutionized music could almost not happen for the want of a hard
almost not happen for the want of a hard
almost not happen for the want of a hard drive that small unless one of the
drive that small unless one of the
drive that small unless one of the engineers working on the project
engineers working on the project
engineers working on the project stumbled upon a hard drive created by
stumbled upon a hard drive created by
stumbled upon a hard drive created by Toshiba or a partner with Apple at that
Toshiba or a partner with Apple at that
Toshiba or a partner with Apple at that time for the next nine months they would
time for the next nine months they would
time for the next nine months they would readily assemble shelf parts like Sony
readily assemble shelf parts like Sony
readily assemble shelf parts like Sony battery and Texas Instruments once the
battery and Texas Instruments once the
battery and Texas Instruments once the hardware was taken care of the iTunes
hardware was taken care of the iTunes
hardware was taken care of the iTunes software was made possible through an
software was made possible through an
software was made possible through an improvised version of Sound Jam a
improvised version of Sound Jam a
improvised version of Sound Jam a start-up Apple had acquired if Tesla and
start-up Apple had acquired if Tesla and
start-up Apple had acquired if Tesla and Apple can collaborate I don’t think we
Apple can collaborate I don’t think we
Apple can collaborate I don’t think we should make any exceptions in
should make any exceptions in
should make any exceptions in collaboration
in when it comes to who we can partner
in when it comes to who we can partner with collaboration we are only limited
with collaboration we are only limited
with collaboration we are only limited by our imagination EDX is it program
by our imagination EDX is it program
by our imagination EDX is it program made possible through collaboration
made possible through collaboration
made possible through collaboration among two fiercely competing University
among two fiercely competing University
among two fiercely competing University MIT and Howard it’s a program that aims
MIT and Howard it’s a program that aims
MIT and Howard it’s a program that aims to give MIT and Howard quality of
to give MIT and Howard quality of
to give MIT and Howard quality of education to anybody with an internet
education to anybody with an internet
education to anybody with an internet connection how did this happen
connection how did this happen
connection how did this happen doesn’t matter what matters is
doesn’t matter what matters is
doesn’t matter what matters is identifying discovering the purpose
identifying discovering the purpose
identifying discovering the purpose behind your innovation and joining hands
behind your innovation and joining hands
behind your innovation and joining hands with people who care about a similar
with people who care about a similar
with people who care about a similar purpose
others challenge startups really small
others challenge startups really small startups and solar entrepreneurs face
startups and solar entrepreneurs face
startups and solar entrepreneurs face there’s the existing competition the
there’s the existing competition the
there’s the existing competition the large players in the market
large players in the market
large players in the market collaboration seems to have an answer
collaboration seems to have an answer
collaboration seems to have an answer for that too like a mobile and matrix
for that too like a mobile and matrix
for that too like a mobile and matrix how much telecom infrastructure or
how much telecom infrastructure or
how much telecom infrastructure or mobile network towers do they own zero
mobile network towers do they own zero
mobile network towers do they own zero all they have is a collaborative
all they have is a collaborative
all they have is a collaborative business agreement with existing of
business agreement with existing of
business agreement with existing of telecom operators they buy network
telecom operators they buy network
telecom operators they buy network access in bulk and they sell it at their
access in bulk and they sell it at their
access in bulk and they sell it at their own price point in fact they have a term
own price point in fact they have a term
own price point in fact they have a term for their category is called as NV and O
for their category is called as NV and O
for their category is called as NV and O mobile virtual network operated so all
mobile virtual network operated so all
mobile virtual network operated so all they have is a collaborative business
they have is a collaborative business
they have is a collaborative business agreement that’s it everything else is
agreement that’s it everything else is
agreement that’s it everything else is virtual about that
if the reason behind your innovation is
if the reason behind your innovation is to make customers life happy increase
to make customers life happy increase
to make customers life happy increase customer delight then consider
customer delight then consider
customer delight then consider collaborating with your peers
collaborating with your peers
collaborating with your peers thanks to aviation alliances two-thirds
thanks to aviation alliances two-thirds
thanks to aviation alliances two-thirds of world fliers fly in one of the
of world fliers fly in one of the
of world fliers fly in one of the aviation alliances thanks to
aviation alliances thanks to
aviation alliances thanks to collaboration among telecom operators
collaboration among telecom operators
collaboration among telecom operators you can use your cell phone anywhere in
you can use your cell phone anywhere in
you can use your cell phone anywhere in the world with roaming thanks to
the world with roaming thanks to
the world with roaming thanks to collaboration amongst banks and pavement
collaboration amongst banks and pavement
collaboration amongst banks and pavement networks you can access your money
networks you can access your money
networks you can access your money anywhere in the world now imagine anyone
anywhere in the world now imagine anyone
anywhere in the world now imagine anyone bank having branches all over the world
bank having branches all over the world
bank having branches all over the world or one telecom operator being all over
or one telecom operator being all over
or one telecom operator being all over the world the biggest challenge for
the world the biggest challenge for
the world the biggest challenge for collaboration is mindset if we clearly
collaboration is mindset if we clearly
collaboration is mindset if we clearly know collaboration drives innovation
know collaboration drives innovation
know collaboration drives innovation then why don people collaborate it’s
then why don people collaborate it’s
then why don people collaborate it’s because we see it like an argument
because we see it like an argument
because we see it like an argument between a cricket fan and a football fan
between a cricket fan and a football fan
between a cricket fan and a football fan which sport is metal that’s where we get
which sport is metal that’s where we get
which sport is metal that’s where we get it wrong that’s not how it works it’s
it wrong that’s not how it works it’s
it wrong that’s not how it works it’s more like Army and Navy both have
more like Army and Navy both have
more like Army and Navy both have different skills it operate in a
different skills it operate in a
different skills it operate in a different environment but at the time of
different environment but at the time of
different environment but at the time of combat they have a coordinated strategy
combat they have a coordinated strategy
combat they have a coordinated strategy of attack and that’s how they win
of attack and that’s how they win
of attack and that’s how they win battles collaborate to innovate thank
battles collaborate to innovate thank
battles collaborate to innovate thank you so much
you so much
you so much [Applause]
”
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