Over the last decade or more, Venture Acceleration has been successful in increasing the success rate of new ventures. However, this same concept can also be used to increase the success rate for early-stage industry projects and advanced development initiatives.
"A Black Swan Event is making us focus on 'Innovation that Matters"Presented at University of Melbourne: This talk covers: 1) The roadmap that we see ahead, including the landscape of winners and losers 2) Practical tactics and strategies to for businesses and organizations to adapt and then position for greater success in future. 3) How to lead innovation in this time period for greater impact 4) The mindsets and behaviors that will define the future of consumer demand. The role of technology in this transformation
Slides are here
Digital Transformation Quiz SUSANNE WOLK (TWITTER)
Covid-19 is the biggest driver of digital transformation yet (Op Ed from Times of India)
We are already seeing glimpses of it. Our activities such as video conferencing and ordering food over the internet are actually more efficient than we ever experienced before. Many of these positively adapted new solutions will ...
Innovation Planning Part I: “A Black Swan has 3 attributes: unpredictability, consequences, and retrospective explain-ability.” Nicholas Nassim Teleb. You may have noticed that we are in the middle of a black swan event now.
Since January of 2020, the world has been watching the unfolding of the Covid-19 pandemic. It started with a few isolated cases in regions of the world that seemed far away. With relentless transmission, cases started to jump around the world. The infection has now reached just about every community on the planet leading to a current state of health crisis and economic uncertainty. But what comes next?
A lot is going on in the world, particularly with the new Coronavirus. And, yes, this is a large concern for many people and firms around the world. Our programs at Berkeley are similarly impacted. Admittedly, we are not the CDC nor are we infectious disease specialists. But with a focus on the resilience and innovation mindset that is consistent with our teaching models and we are choosing to proactively climb up new learning curves.
There has been a lot of discussion about the value of growth mindset. If you have not heard about this, it means that you believe you can grow, learn, and do anything novel. Individuals with a growth mindset are not concerned about defining themselves. Instead, they focus on the challenge at hand or the skill to be learned. Meanwhile, individuals with a fixed mindset only think in terms of their strengths and weaknesses. But there is a time where such a mindset can be useful.
Based on experience, it is much more effective to map out the stages of innovation in a way that a company can coach, guide, and achieve innovation progress rather than passively learn. To me, this means knowing the time ordered stages that organizations go through as they increase their innovation. Here are 5 steps that can be used to achieve innovation success.
This week in Innovation Engineering, students continued the process of combining concepts from mobile executives, technical leaders, and students. Mostafa Essa, a Vodafone engineer, was this week’s guest speaker. He discussed the intersection of Radio Access Networks, AI, and Data Analytics.
After just one month, here are a few notable things the class has discovered.
This week in Innovation Engineering, Lyle Bertz, who leads R&D at Sprint came to speak to the class about 5G and IoT. The session helped students understand the network and how it affects IoT.
During the second 5G Innovation Class, we had the pleasure to welcome Khai Nguyen, VP, Strategic Analysis & Planning, Corporate Strategy at Verizon at the 2nd class of Innovation 5G / AI in collaboration with GSMA. The course ...
Discovery Project: Server Farm Energy SaverThis project will last one month and will kick off as soon as a team of 3 people have been formed. The goal of the project is to do background research to understand how a Data Center can best save energy. The output will be slide presentation to be shared with selected data centers as part of a proposal for a funded project. If the project achieves funding, then there will be additional paid opportunities for that student team and potentially others.
Key issue: Data centers with moderate sophistication use very large amounts of energy which makes it difficult to compete. Data centers are interested to understand the best methods to reduce energy usage. To do this, a student team can investigate 1) best practices of current data centers, 2) what controls or options are available to most data centers to reduce energy depending on demand, 3) can data/AI algorithms be used to solve this problems, 4) how much energy savings can be expected using different types of strategies.
See the initial project results at the slides to the left.
On January 24th, SCET kicked-off the first class of the Innovation Engineering 5G/AI course. In this advanced project course, students will be developing ...
Welcome to 2020. Advanced warning. You will hear a lot more about Innovation Engineering Projects this year. Since last summer, we have been testing...
On October 12, SCET partnered with Global System for Mobile Communication, or GSMA, on a collaborative workshop on What’s Next for Data, AI for Telecom and 5G to prepare for ...
Think of the process of innovation as learning to ride a bike. People can give you instruction, tell you how to balance and pedal your feet, but you won’t actually learn how to ride the bike until you get on and try it yourself. One problem with the modern education system is that students rarely…