Breakfast Seminar Q2 Series

Innovation is about creating and delivering value to customers in new ways‹this can range from deploying a new business model, launching new products and services, to fostering "everyday" process innovation which drives continuous improvement.

Innovation is on every executive's agenda, but being innovative is easier said than done. Studies have found that there is often little correlation between greater levels of investment 1n innovation and the output, i.e., throwing more money at Innovation does not guarantee success. Rather, the primary determinants are how you embed innovation in your management systems and build a culture that encourages and rewards creativity, ultimately earning an Innovation Premium‹the value unlocked through successful execution of your innovation strategy.

Palladium will examine the three types of innovation, including the latest thinking in innovation, Co-Creation. In today's markets, customers are becoming more informed and empowered‹and they are challenging the value and delivery method of the products and services offered to them. Co-Creation can steer organisations to harness their customers' knowledge to create an intensely compelling and unique customer experience and the true realisation of a "Blue Ocean" strategy. Notable examples include the X Prize, Person-to-Person lending, Dell¹s IdeaStorm to harvest new product design ideas, and novel initiatives to capitalise on "bottom-of-the-pyramid" and sustainability opportunities.

In this exchange, Palladium will share practical and unique insights into how private and public sector enterprises can drive innovation in a way that simultaneously reduces cost and risks while improving the strategic and financial return for the organisation. Effectively pulling the Innovation Premium lever may just be the best (and only) way to thrust your company beyond survival mode and back onto the growth path.

About the Speaker

Ivan Choi is Palladium's Innovation practice leader and has extensive experience working with clients to unearth and develop growth opportunities and cultivate internal entrepreneurship to transform their enterprises through innovation. He has worked with some of the world¹s leading innovators in the US (Silicon Valley), Japan, and the wider Asia-Pacific region including HP, Cisco, and Genentech.

Tuesday, July 21 - Signapore

Contact Jacky Birkett on +61 2 8259 1010 or execbriefAsiaPac@thepalladiumgroup.com for more information. 

Wednesday, July 22 - Jakarta

Contact Jacky Birkett on +61 2 8259 1010 or execbriefAsiaPac@thepalladiumgroup.com for more information.