GAMP – June 2016 (Day 7)

AIMA organized its 11th Edition of GAMP and 6th in the USA on the theme – “Disruptive Innovation & Open Business Models in The Changing Global Landscape”, from June 26 – July 02, 2016 at the Silicon Valley, California, USA. The programme was led by Prof Solomon Darwin, Executive Director, Center for Corporate Innovation, Haas School of Business, University of California, Berkeley.

Day 7:

Recap and Wrap-up

  • Individual Presentations: Innovative Business Models of Participant Companies
  • Recap: Professor Darwin’s on Lessons Learned  – Program ends
Share Button

GAMP – June 2016 (Day 6)

AIMA organized its 11th Edition of GAMP and 6th in the USA on the theme – “Disruptive Innovation & Open Business Models in The Changing Global Landscape”, from June 26 – July 02, 2016 at the Silicon Valley, California, USA. The programme was led by Prof Solomon Darwin, Executive Director, Center for Corporate Innovation, Haas School of Business, University of California, Berkeley.

Day 6:

Executive Briefings at Silicon Valley Companies

  • Visit to Cisco
  • Visit to GE Innovation Lab and Interaction with Uday Tennety, Director Strategy Engagement and Achalesh Pandey, Technology Manager, GE Digital
  • Visit to IBM Research and Interaction with Jim Spohrer on “The Emerging World of Cognitive Computing”
  • Participants work on Individual Project Deliverables – New Business Models
Share Button

GAMP – June 2016 (Day 4)

AIMA organized its 11th Edition of GAMP and 6th in the USA on the theme – “Disruptive Innovation & Open Business Models in The Changing Global Landscape”, from June 26 – July 02, 2016 at the Silicon Valley, California, USA. The programme was led by Prof Solomon Darwin, Executive Director, Center for Corporate Innovation, Haas School of Business, University of California, Berkeley.

Day 4:

Executive Briefings at Silicon Valley Companies

  • Standard Chartered
  • TechShop
  • Rocketspace
  • PayPal
  • Panel Discussion: Emerging New Business Opportunities in India
Share Button

GAMP Day 5

 

Day 4 started with Intel and the New Business Initiatives Group, led by Jerry Bautista Ph.D., VP and General Manager.It was a great session with Jerry, mostly in question / answer mode.

The New Business Initiatives group is like an incubator within Intel for creating new business. Its first starting point is problem statement or opportunity, then the technology, unlike an R&D lab which is technology first.

In Intel there are no special innovation people. It’s part of everyone’s job. There is no set time set aside for innovation. It happens as and when it happens. It’s organic. It’s followed by a process to vet ideas. Then we select the ones to further invest in. The three stages are:

  • Concept
  • Investigation
  • Seed

At each stage about one-third of the ideas survive to the next stage. Starting with about 150 ideas at concept stage, about 3 to 5 reach the stage of a new product or a new company division.

The following set of questions are applied at Intel to filter ideas:
(Yes/No answers)

  1. Does it solve an acute problem?
  2. Is it something that Intel should be doing and could be good at?
  3. Will Intel have a sustainable advantage?
  4. Is the market big and growing?
  5. Can we find a partner who can help us go to market?

Periodically, there are “pause buttons” which operate, based on certain events, where the project is re-evaluated. These pause buttons are contingent on certain events, for example, the entry of a major competitor in the same space.

New Business Initiatives group reports directly to the CEO, since its disruptive nature may find opposition from within the organization itself, and the CEO does not want anyone else to filter what the NBI group does.

Successful innovations:

Token Based Payments, where the identity of the payer is confirmed via various parameters like a unique CPU number, his face which has been captured and stored, his IP number for internet access, nearby Wifi setups etc. Tech also exists to listen to what is playing on his TV and capture words and offer him related products.

3D Cameras. New cameras which will be tablet based which can take 3D pictures. The relevant hardware/software is in final stages.

Failures:

Solar panels. Intel’s technology, while good, was not cost effective. The solar panel technology was sold off.

In all, an excellent session by a very accomplished and senior person in a mature, leading company.

 

EMC – Calvin Smith

What do we mean by Innovation?

Innovation = Ideation + Invention + Commercialisation.

There are 3 different levers which EMC uses:

–         Universities

–         Organic

–         Venture

Acquisitions – EMC has made 7 large acquisitions in the past decade, including VMWare

Mission – Spark the creation and delivery of high-value ideas

Innovation conferences are held every year in different parts of the world.

The Innovation Roadmap:

  1. Business Units sponsor innovation
  2. Employees across EMC respond
  3. Sponsors judge teams, and three “finalists” are selected

Ideation phase:

  1. Finalists create “elevator pitch” presentation and videos
  2. Sponsors choose a winning idea
  3. CTO selects “best in show” winners
  4. All winners are announced at the Innovation Conference

Incubation phase

  1. Completion of the Business Case Document (the “Why”)
  2. Proof of Concept definition (the “How”)
  3. Prototyping begins
  4. Prototype checkpoint
  5. Prototype demonstration
  6. Incubation complete
  7. Implementation begins

For further information, please see:

http://community.emc.com/go.innovation or write to innovation@emc.com

 

VMWare – Kurt Kolovson

VMWare Academic Program (VMAP)

Focus on our key strategic interests:

–         Software Defined Data Center (SDDC)

–         Virtual Hybrid Cloud Service (vHCS)

–         End User computing

–         Topics that bridge across all of the above

–         Looking ahead … disruptive technologies

 

Thank you

Sumain Malik

——————————————————————————————————————————————————————

 

Day 4

The meeting at Stanford Hospital & Clinics with their CEO, Amir Dan Rubin and VP, Cancer and CV Service Lines, Dr Sridhar B Seshadri were very informative. The group was detailed about the Mission and Vision of the group and briefly touched upon the Stanford Operating system which is built on the principles of Lean Six Sigma. The 3 major components of the operating system were:

Strategic Deployment

Value Stream Improvement

Active Daily Management.

The strategy of the group is to create Leading Edge and deliver Coordinated Care. We were detailed about the cancer program and the touching story of cancer patient Jeevha, which has helped Stanford raise 125 mln USD. They are in process of constructing a new hospital and taking the total bed capacity to 600 beds to serve the community. There are many other expansions happening in Stanford with a new 200 beded only Cancer Super Speciality hospital coming up in San Jose. The discussion was followed by a guided tour to the Campus and Hospital and a brief discussion on the HIS in the wards.

The day concluded with a discussion on Managing Innovation at the TiE Auditorium.

 

Thank you

Dr Shankar Narang

Fortis Healthcare

 

Share Button

GAMP Day 4

 

Day 3 predominantly was healthcare based. Started with a discussion with Dr. Tim Norman, Distinguished Professor, Psychiatry in UCSF, explaining about the use of telemedicine in UCSF in Psychiatry patients. The way they can use it as virtual office and monitor all the facial expressions, body movements, postures except for the smell of the patients and role of tele medicine in Psycho therapies. The ease of access and collaborative healthcare that can be provided through Tele Medicine and Tele Health.The role of internet in Self-help page, Guided self-help motivation and Socially guided self-help in the treatment of different ailments.

Followed was by demonstration by Kimberlie Cerrone explaining about the Teatros, The world’s first Healthcare Relationship Management solution delivered from a HIPAA compliant health cloud.

The highlight was the Campus tour of UCSF, and we all were amazed by the rich history and expanse of the academic programs at UCSF.

 

After UCSF, we reached the Philips Centre for a discussion with Imtiaz Haque, Director R&D, Enterprise Imaging and Clinical Informatics and Dave Green, Sr Director EICI R&D. The discussions were around the process of innovations in Philips and the way they are being currently managed. Philips shared about a new innovation in Tele Health which is being launched with partners and will manage the personal Care, Home Care and Hospital Care on one platform.

 

Thank You

Dr Shankar Narang

Fortis Healthcare

 

 

Share Button

GAMP Day 3

Share Button

GAMP Day 2

 

“if you want to be a Billionaire , solve a billion Dollar problem or solve a small problem relevant for Billion People” – Naveen Jain – a down to earth billionaire entrepreneur . What a start of the day with Naveen’s inspirational and thought provoking session! Key takeaways from the session – take chances , let the dreams be free , come out of the comfort zone and take the plunge.  Do not worry about failures . A day before an idea becomes a success , people call it a “Crazy Idea” , a day after they call the same idea “obvious , of course”. Team was excited to arrive as HAAS School of  Business. Solomon’s session on “Open Vs Closed Innovation” also sparked quite a bit of discussions. Key take aways:- Open Innovation promotes (1) Economies of Scale (2) economies of scope (3) Risk Reduction (4)Speed to Market (5)Strong Ecosystems (6)Customer Centric Value Creation (7) New Sources of revenue . Autodesk visit was an eye opening experience to get an exposure on how they are innovating and planning to create disruptive innovation . Having a view on  their strategy  on how they create and distribute value along with their vision for future was really inspiring. Equally inspiring was the way Autodesk’s gallery on how their customers are using their product to create innovations of their own.

Stay tuned.

Pankaj

Share Button

GAMP Day 1

 

Share Button