NASSCOM GIC CONCLAVE 2016 INNOVATION FOR SUSTAINABLE GROWTH

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Unfinished Business of Organizational Innovation Christopher Perry, President Global Sales, Marketing & Client Solutions, Broadridge Financial Solutions April 22, 2016

Transcript of NASSCOM GIC CONCLAVE 2016 INNOVATION FOR SUSTAINABLE GROWTH

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Unfinished Business of Organizational InnovationChristopher Perry, President Global Sales, Marketing & Client Solutions, Broadridge Financial Solutions

April 22, 2016

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Disclaimer

The views expressed in this presentation are my personal views

and not necessarily that of Broadridge

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Invent & Innovation : Definitions

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Innovation: The lemonade packet

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Hindsight is 20/20; Its 1999

1993 1995 1997 1999 $-

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Which Stock would you pick?

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Value of Innovation & Cost of Not Innovating

2000 2003 2006 2009 2012 2015 $-

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$1,000 Apple launched iPod in Oct 2001

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Where is SONY?

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The rate of disruption is at an all time high

Average company lifespan has fallen: 90 years in 1935 to just 18 today

Largest taxi company owns no taxis

Largest accommodation provider owns no real estate

Largest phone company owns no telecom infrastructure

Most valuable retailer owns no inventory

Most popular media owner creates no content

Largest movie house owns no cinemas

Largest software vendors don’t write apps

Fastest growing banks have no actual money

More than $1 trillion in market cap & >$100B in valuation

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Things that will disappear due to Innovation

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70% of the senior executives say that Innovation is 1 of the Top 3 drivers of growth in the next 3 to 5 years

The Acceleration and Imperative for Business in Social, Mobile, Cloud & Analytics

Big Data, Machine Learning, Data driven decisions and user experience integral part of product design

Rapid adoption of cutting edge technologies such as Internet of Things -IOT , 3D Printing, Augmented Reality - Occulus

Behavioral DNA could change the way passwords and security are currently used

Transition towards self contained global teams and Agile development

Block chain the distributed ledger technology has emerged as an object of intense interest in Fin-Tech industry

T A L E N T

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THANK YOU