June 03, 2011
The Wharton School’s Mack Center for Technological Innovation is dedicated to improving the practice of innovation with enduring advice on pressing issues. The center has been at the forefront of studying, teaching and sharing next practices for over 15 years. In that period the management of innovation has changed greatly with the emergence of new thinking about real options, disruptive technologies, open innovation, business model re-invention and reverse innovation from emerging markets. Meanwhile pressing issues, such as the design of ambidextrous organizations, the allocation of resources in innovation portfolios and the alignment of incentives with metrics demand rethinking. This conference sought to put meta-innovation (i.e., innovation about innovation) in a broad perspective by understanding the deeper forces driving these changes with an eye to the future.
The question of how innovation needs to change is increasingly pressing as global forces redirect the nature and location of innovation, and research productivity appears to be declining in many established sectors while flourishing in emerging markets. Meanwhile the pace of technological change is accelerating, uncertainty remains unabated, and advances in organizational innovation continue to raise expectations among consumers, investors and societies at large.
The 2011 Spring Conference examined the future of innovation as a management discipline that is in flux and in need of innovation. Attendees joined to hear reflections on past progress, the current state of affairs around the world and fearless forecasts of future possibilities.
8:00 am – 8:30 am – BREAKFAST
8:30 am – 10:00 am – OVERVIEW: THE CHANGING FACE OF INNOVATION: NEXT CHALLENGES FOR PRACTICE
Fifteen Years of Progress: What the Mack Center Has Learned
Co-Director, Mack Center for Technological Innovation; Vice Dean, Global Initiatives; and Mack Professor of Management, The Wharton School
Perspectives on Innovation
Paul J.H. Schoemaker
Research Director, Mack Center for Technological Innovation; Adjunct Professor of Marketing, The Wharton School; and Chairman, Decision Strategies International
Innovation and the Economy
Sidney G. Winter
Deloitte and Touche Professor Emeritus of Management, The Wharton School
10:00 am – 10:30 am – BREAK
10:30 am – 12:00 pm – BALANCING MARKET PULL AND TECHNOLOGY PUSH: NEW WAYS OF THINKING ABOUT INNOVATION
Why Design Thinking is the Next Competitive Advantage
Dean of the Rotman School of Management, University of Toronto
The Innovator’s DNA
Horace Beesley Professor of Strategy, Marriott School, Brigham Young University
12:00 pm – 1:30 pm – LUNCH AND SMALL GROUP DISCUSSIONS
1:30 pm – 3:00 pm – INNOVATIVE ORGANIZATIONS FOR INNOVATION
Networks and Innovation
Associate Professor of Commerce Director, Network Roundtable, University of Virginia
Collaborative Innovation and the Pull Economy
John Seely Brown
Independent Co-Chairman, Deloitte LLP Center for the Edge
3:00 pm – 3:15 pm – BREAK
3:15 pm – 4:30 pm – PANEL: LOOKING AHEAD – THE VIEW FROM THE C-SUITE
This panel of CTO’s reflected on their experience in improving innovation performance and identify future challenges. They also provided a sounding board for questions posed during the small group discussions at lunch.
Executive Vice President, National Engineering and Technical Operations, Comcast Cable
Chief Technology Officer, Senior Vice President, TE Connectivity
President, Daniel Zweidler & Associates, Inc.; former Senior Vice President Research Planning and Integration, Merck; Head, Global Exploration Planning and Portfolio, Royal Dutch Shell