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The Front End of Innovation Conference 2007
The Front End of Innovation Conference 2007 was held in Boston May 9th through 11th. Summaries from the keynote speakers and selected track presenters are listed below.
Peter Diamandis, M.D., X Prize Foundation
Gary Loveman, CEO, Harrah's Entertainment, Inc.
Bill Buxton, Principal Researcher, Microsoft and Author
David Swift & Charles Jones, Whirlpool North America
Vijay Govindarajan, Professor, Dartmouth College
Dustan E. McCoy, Brunswick Corporation
Guido Petit, Director of Alcatel-Lucent Technical Academy, Alcatel-Lucent
Henry Chesbrough, University of California, Berkeley
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Entries by Chas Martin (8)
Peter Diamandis, M.D.
Our home planet is just the beginning. During our lifetime, we will see mankind move off the planet. That was the opening remark from Peter Diamandis, M.D., Founder, Chairman and CEO of the X Prize Foundation.
Chas Martin
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Gary Loveman, Chairman, President & CEO, Harrah’s
Gary Loveman is a highly informed, highly insightful, highly entertaining presenter whose current view of innovation is filtered from the lens of Las Vegas. But his insights were not limited to gaming.
Guido Petit, Director of Alcatel-Lucent Technical Academy, Alcatel-Lucent
Enrich people’s lives by improving the way they communicate.
Mr. Petit is passionate about innovation. His presentation gave a clear outline for the Entrepreneurial Boot Camp process and how it provided clear and convincing value to Alcatel-Lucent’s future, and to the individual participants.
Alcatel-Lucent was restructured in 2002. New goals for the Belgium-based organization were
Bill Buxton, Principal Researcher, Mircosoft and Author
Buxton began his presentation on design thinking with by questioning infrastructure. If Mozart’s father hadn’t owned a piano, would Mozart have become a great sausage maker instead of a composer?
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David Swift and Charles Jones, Whirlpool North America
David Swift, President, and Charles Jones, VP of Global Consumer Design, provided two consistent, but different perspectives on Whirlpool’s design strategy.
Vijay Govindarajan, Professor, Dartmouth College and Author
Vijay Govindarajan, Professor of International Business & Director of Tuck’s Center for Global Leadership at Dartmouth College. Author of Ten Rules for Strategic Innovators
Visualize your 2007 strategic plan. Organize the tasks into three separate boxes: Managing the present to improve efficiency; Selectively forgetting the past to permit change to happen; and Creating the future to assure competitive advantage.
Dustan E. McCoy, Chairman & CEO, Brunswick Corporation
Sustaining Genuine Ingenuity - Building Innovation into Product and Strategy Development in a Mature Business
Brunswick is the second oldest company listed on the NYSE. It employs 28,000 people 26 countries. It markets marine, fitness, bowling and billiards products under 64 brands manufactured on every continent in the world.
McCoy admitted that nobody needs Brunswick products.
Henry Chesbrough, Professor, Haas School of Business, UC, Berkeley
Author, Open Business Models: How to Thrive in the New Innovation landscape
Open innovation has been well received in the technology industry, but not initially with the business side of the organization.
The traditional product development funnel paradigm is a closed innovation system. It’s a one-way system, a pipeline with a beginning and end. These are physically rigid systems. Economic pressures in most industries make this less relevant as a model. Stakes have become increasingly higher.