The document discusses the importance of innovation for economic growth and competitiveness. It notes that while innovation is a high priority for many organizations, few have formal processes for innovation and leadership lacks confidence in innovation decisions. The document advocates that organizations foster innovation through partnerships, investing in research and development, and drawing ideas from both internal and external sources. It provides examples of opportunities for innovation in areas like connected homes, healthcare, and smart communities.

1. George Brown College:
Leadership in the innovation
economy
Nitin Kawale, President
Cisco Canada

2. The World Is Changing
Recession
Consumerization Globalization
Social Networking and Sustainable
Mass Collaboration Development
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3. Innovation is Set to Explode
....and innovation never stops!
http://bits.blogs.nytimes.com/2009/10/30/innovation-spending-looks-recession-resistant/?ref=technology
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4. The Innovation Leadership Disconnect
“Executives say innovation is very important, but their
companies’ approach to it is often informal, and leaders
lack confidence in their innovation decisions.”
–
65% say innovation is a “Top 3 priority” for driving growth
Only 5% say it is NOT a priority
And 14% say it is THE “top priority”
BUT only 36% say innovation is part of what the organization does
34% say innovation is a part of leadership’s regular agenda
BUT a third of them say innovation is governed in an ad hoc way
Source: McKinsey & Company, 2008
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5. Innovation and Productivity In Decline
 Declining  Canada’s  Canada labour  Canada needs
productivity means capacity for productivity 4X current rate
missed innovation growth is of productivity
opportunities and ability to declining: and sustain it
absorb and for 15 years to
 Productivity deploy  1.9% annual close to
investment per technology average each Canada-US gap
Canadian worker is ranked 18th in year during the
60% of US levels the world 1990s
14th among  0.7% annual
OECD nations average from
for innovation 2000-2009
performance
and
productivity
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6. Productivity Drives Standard Of Living
Compound Productivity Growth
100%
5% Standard of Living
Doubles in 14 Years
75%
3% Standard of Living Doubles
in 24 Years
50%
1% Standard of Living Doubles
in 72 Years
25%
0 9 18 27 36 45 54 63 72
Source: Net Impact Study Years
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8. Our Mission
 To cultivate a steady stream of new businesses
with $Billion potential, architectural integration
and growth engine opportunity for our Foundation
and AT businesses.
 Increase our productivity by 15% annually
through innovative redesign of business
processes
But…..Vision without Execution is Hallucination
- Albert Einstein
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9. Finding Good Opportunities
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10. $5.3B+
R&D Investment
Annually
20,000+ 700
Engineers Patents Filed
Annually
Build
125+
Acquisitions Innovation
Buy Partners
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11.  Detailed Advisory service: Cisco as Trusted
 Connected Real Estate for construction partner
projects  Cisco One Network; “Fourth Utility”
 Primary technology contracting approach
 Fourth Utility, Energy management  Cisco advanced home networking
 Innovation in Healthcare solutions  Tandberg: Virtual Security Guard
 Platform for innovation.
 Connected Home of the Future:
replicable architecture
 Energy management for Factories
 WindWalk community in Alberta [Mediator]
 Revitalization services for 633  Transform experience at race tracks
aboriginal communities (Sports & Entertainment)
 Marketing, Branding, knowledge  Define S+CC vision and approach for
exchange thru collaboration community development
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12. Where Innovation Comes From
External sources of ideas and innovation
Business partners
Customers
Consultants
Competitors
Associations, trade shows, etc.
Academia
0% 5% 10% 15% 20% 25% 30% 35% 40%
Internal sources of ideas and innovation
Employees (general population)
Sales or service units
Internal R&D
0% 5% 10% 15% 20% 25% 30% 35% 40%
Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon”
Source: IBM, “Global CEO Study 2006: Expanding the Innovation Horizon”
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© 2006 Cisco Systems, Inc. All rights reserved.

13. Canadians are ready to innovate
 70% use social media
 Canadians among the busiest
users of social media
 LinkedIn has more than 2
million Canadian members
 16 million Canadians on
Facebook
 47% use Twitter
 58% of Canadians say they have
blogged
 61% of businesses track what’s
being said about them online
Source: Marketing Breakthroughs, 2009
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14. Your Opportunities for Innovation?
 Population growth
 Smart and Connected Communities
 Get ready for Gen Y and Gen Z
 Improve collaboration – increase efficiency
 Leverage LEED credits by being “green”
 Create more business value from buildings
 Reduce energy consumption/control all
systems
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15. Getting Started
1. Think big: Bold Vision
2. Disrupt: Try Something New
3. Start Small: Solve Simple Pain Point Well
4. Evolve Quickly: 5 Phase Plan
5. Start: Lead & Others Will Follow
6. Believe: With Passion
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16. “Generally, most people want to be effective,
productive and feel as though they contribute.
As a company, you need to provide the means
(foundation).
Do that, and people will be innovative. They’ll
embrace it and show you some fantastic things.”
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