Welcome!
The Conference created to address the growing
trend towards collaboration, partnerships and
alliances
Presented by:
2015 CoDev
Annual Conference on Co-Development and Open Innovation
• For the past thirteen years, a CoDev Conference has chronicled
the steady growth of co-development and open innovation efforts
across industry
. The CoDev Conference provides a pivotal venue for leaders and all
levels of innovation practitioners
– Share their insights
– Openly discuss challenges and obstacles
– Discuss their experiences
– Define potential solutions to leverage open innovation for
business success
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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2015 CoDev
Annual Conference on Co-Development and Open Innovation
.
Conference features leaders across industries sharing information on:
•How to deliver results while building open innovation capability
•Building capabilities and networks to create business value
•Exploring open business models to deliver revenue growth and
create new value|
•How to reduce risk and uncertainty by expanding the breadth and
depth of your solutions with open innovation
•How to co-innovate with partners and suppliers
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 3
The Power of Many
Knowledge Sharing
Harnessing Science
Co-Creation
Culture
Ecosystems
Delivering Bottom Line Results
Tools and Capabilities Necessary for Successful Open Innovation
Connect
&
Develop
Evolution of External Innovation
Intellectual Assets
Alliance
Management
Piloting New Strategies
Partnering for Transformation
What is Open Innovation?
Collaborating with Universities, Federal Labs and Research Centers
Collaborative
Networks
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Crowdsourcing
Slide 4
2015 CoDev Conference Team
Cheryl
Perkins
Pat
Clusman
Tracey
Kimball
Alex
Cooper
Gregg
Tong
Innovationedge
Innovationedge
Management
Roundtable
Management
Roundtable
Management
Roundtable
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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About Innovationedge (IE)
• Innovationedge is a global strategic innovation
consultancy based in Neenah, WI, USA
• The team’s fearless champions of innovation break
barriers to help executives define their strategy,
develop capabilities, design a winning organization
structure and deliver breakthrough innovations
through a robust growth pipeline of sustainable
solutions and new-to-the-world innovations
• Leaders have over 100 years of combined
experience in a variety of roles
@innovation_edge
www.innovationedge.com
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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About Management Roundtable (MRT)
• Leaders in Product Development Education
– founded in 1980
• Provider of Information Sharing Forums:
–
–
–
–
Conferences
Public & Custom Onsite Workshops
Webinar / Audiosessions
Publications & Research Reports
@mgmtroundtable
ManagementRoundtable.com
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Thanks! To our Conference Sponsors:
Visit them in the exhibit area during scheduled program breaks
or talk to one of their attending representatives —
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Why are you here?
• Remain current on industry best practices
• Determine the right open innovation business model(s)
for your company
• Build an extensive network
of seasoned open
innovation practitioners
and leading thought leaders
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Opportunity for you!
• Find a solution to a specific problem
• Pick up on emerging techniques
• Refresh on fundamentals
• Find that one BIG idea!
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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CoDev 2015 Keynote Speakers
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Expert Panel Leaders
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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CoDev Attendee Portal
Wifi- username: paradiseva password: double2010
Access the portal at CoDevPD.org
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 13
Agenda – Day 1 – Monday PM
4:15pm-5:00pm
5:00pm-5:45pm
6:00pm-7:00pm
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 14
Agenda – Day 2 – Tuesday AM
7:00am-8:00am
7:10am-7:50am
8:00am-8:15am
8:15am-9:00am
9:00am-10:00am
10:00am-10:30am
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 15
Agenda – Day 2 – Tuesday AM Tracks
10:30am-11:15am
11:15am-12:00am
12:00pm-1:00pm
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Agenda – Day 2 – Tuesday PM
1:00pm-1:45pm
1:45pm-2:30pm
2:30pm-3:00pm
3:00pm-3:45pm
3:45pm-4:30pm
4:30pm-5:15pm
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Agenda – Day 3 – Wednesday AM
7:00am-8:00am
7:30am-8:10am
8:30am-8:45am
8:45am-9:45am
9:45am-10:30am
10:30am-11:00am
11:00am-11:45am
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 18
Agenda – Day 3 – Wrap Up
11:45am-12:05pm
12:05pm-12:45pm
12:45pm-1:00pm
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 19
Co-Dev Opportunities and Challenges
Engagement
Models
Technology
Scouting
Business Unit
Receptivity
Engaging Global Stakeholders
Evolve
Culture
Pirate Code
Crowdsourcing
Evolution of Open Innovation
Managing
Partners & Suppliers
Ecosystem
New Business Models
Expanding OI across multiple functions
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Piloting New Innovation Strategies
Open Innovation as Business Driver
Tuesday: Keynotes and Case Studies
Slide 20
Open Innovation Business Models
These business models are creating new pathways to value:
– Looking outside your boundaries for ideas,
technologies and intellectual property
– Integrating R&D and business model innovation to
drive commercialization
– Fostering collaboration with customers and suppliers
– Leveraging innovation partners and intermediaries in
opening business models
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Holistic Business Model
CULTURE
CAPABILITIES
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Benefits of Open Innovation
• Extended capabilities in new-to-company or new-to-world areas
• Having more choices for solving scientific and technical problems
• Increase speed to market with new technologies, products, business
models, etc…
• Ability to lower levels of risk and resources
• Opportunity to create a more innovative culture, from the “out-in”
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Innovation Industry Results
Pulse Survey
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Innovation Industry Pulse Poll
The intent of the survey was to….
• Obtain an understanding of innovation efforts within
organizations
• Gain insight and understanding of innovation efforts
planned across industries for 2015 and beyond
• Gain information and insight into the pulse of
innovation efforts from your peers
The survey was sent to a select group of individuals
globally who are involved with innovation
Innovationedge Copyright 2015
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 25
Expectations for Performance of the U.S.
Economy in 2015 in Comparison with 2014
Expectation
% Response
Much Stronger
2%
Somewhat Stronger
60%
About the Same
27%
Somewhat Weaker
9%
Much Weaker
2%
Innovationedge Copyright 2015
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 26
Why Innovation Leaders and Practitioners are
more optimistic yet still cautious
Positive indicators
• Consumer purchasing appears to be increasing
• Consumer confidence appears to be building which should increase
spending
• Unemployment down
• Drop in energy prices will have a multiplier effect on the U.S. Economy as
people in general feel more of a wealth effect and utilize it for incremental
discretionary spending.
Watch-outs
• Global economic and geopolitical conditions will continue to challenge the
US economy. But risky given EU risk.
• Beginning discussions on the presidential campaign will continue to stall
business
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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What is your innovation team doing differently in
2015 and the next few years versus 2014?
Expectation
We're allocating MORE resources (people, time, budget)
to innovation and/or developing new products
%
Response
46%
Nothing. We're allocating THE SAME amount of
resources as past years
36.5%
We're allocating FEWER resources to innovation and/or
new products in the next few years
11.5%
We're allocating FEWER internal resources to
innovation, but partnering with/using MORE external
resources as needed
4%
Other – we haven’t focused much on innovation
2%
Innovationedge Copyright 2015
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Shifts Occurring in 2015
• Majority of organizations in the consumer products, food and
specialty chemical space seeing the same amount of resources
allocated in 2015. Many seeing the number of new product
projects increasing (planning to do more with same resources) this
maintaining budgets while delivering more will be necessary.
• A few consumer products and and specialty chemical
organizations have started and will continue cutting back their
portfolio and focusing on less more strategic projects.Significant
restructuring is taking place in these industries as well with a
strong emphasis on short term shareholder value.
• In the high tech and industrial products sectors, the allocation of
talent has been increased especially in the regions.
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Shifts Occurring in 2015
• All industries believe that making innovation a strategic enterprise
cultural driver is important to deliver on the needed growth.
• Shifts needed from pushing technology supply to creating market
demand thus taping the same allocation but more focused on
channel markets and shopper buying habits.
• Workforce reduction is still happening as organizations try to
rebalance skills based on portfolio shifts
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Is your company more innovative in the way you
are discovering, developing and acquiring new
products (i.e. Open Innovation, crowd sourcing)?
Response Ratio
26.0%
43.4%
Yes
No
No Responses
30.4%
Innovationedge Copyright 2015
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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More Innovative Approaches
• More focus on front end work to better understand what matters to customers and
end users to create market demand
• Focusing on new discovery models
• Investing time in defining longer term growth platforms.
• Investigating & implementing new tools for evaluating ideas, inventions, products,
etc.
• Working more on linking with external research organizations in particular
Universities and Government Research organizations to define and develop
solutions for a broader range of problems.
• Organizing differently to make it stick- Innovation Hub, Councils, CoPs
• Step out of comfort zone of old success (Business models and services)
• Building advisory teams of subject matter experts and people with champion's
passion for the new market/initiative
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 32
Will your organization have an increased
focus on Open Innovation in 2015 ?
Response Ratio
30%
40%
Yes
No
Unsure
30%
Innovationedge Copyright 2015
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Your participation is encouraged…
Listen thoughtfully and don’t
forget to ask questions…
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Housekeeping Notes
• Please wear your badge at all times
to ensure admittance to all conference sessions
and meals
• Do not leave personal items unattended
• Please turn off Cell Phones,
PDAs, pagers or other
disruptive technologies
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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Please join us!
Networking
Reception
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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My Personal Promise to You
"Regardless of size or industry, any corporation
dealing with slow growth and fighting
commoditization in this changing global economy
will learn new open innovation strategies,
processes and tools to infuse innovation into its
corporate culture to deliver sustainable growth.”
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
Slide 37
Open Innovation
Best Practices
Innovationedge, LLC
1526 S Commercial St Suite 200
Neenah, WI 54956 USA
920-967-0470
www.innovationedge.com
Management Roundtable, Inc.
92 Crescent Street
Waltham, MA 02453
781-891-8080
www.ManagementRoundtable.com
CoDev2015 February 9-11, 2015 / Scottsdale, AZ
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