Second Edition · Now Available
TRANSFORMATIVE
INNOVATION ®
Today's Capital Drives Tomorrow's Exponential Growth & Profits To Transform The World
Today's Capital Drives Tomorrow's Exponential Growth & Profits To Transform The World
Innovation to transform business, society, and people's lives not only seems to be speeding up—it is getting quicker. As ideas build off each other and more capital is invested in these ideas, the rate of change increases.
A look at the corporations in the Fortune 100 list found nearly half (forty-seven) had left the list by 2020 compared to 2000's ranking. Most of those dropping out had failed to set up or run a corporate venturing unit as part of their innovation strategies.
The incumbents who stayed in the Fortune 100 used the techniques of venture capital to tap into the smart ideas being created outside their corporate walls. There are ways to use professional approaches to capital investing to harness and transform how corporations buy, invest, and partner—while also building and accelerating internal innovation efforts.
In the modern world, everyone needs to take control of their innovative potential. This authoritative book shows them how.
In 1964, Roger Bannister became the first person to run a mile in under four minutes—breaking a barrier many thought impossible. Only forty-six days later, it was broken again.
The same is true in innovation. Ideas are not finite goods to be hoarded and used up, but spread, replicated, and built on. Disruption comes from good ideas incrementally built on in a context and environment that support it.
The first industrial revolution shows how great leaps forward exponentially increased value for others. We now move in a world of quantum and 5G, nanotech and additive manufacturing, synthetic biology and gene editing, renewable power and distributed storage, artificial intelligence, blockchain, and the metaverse.
The traditional ten-year innovation cycle starts with ideas forming over a few years at university before becoming a paper presented at a conference. At the presentation, corporations could listen in for potential ideas and take them back to corporate research and development labs for half a dozen more years before productionization.
Understanding how to use innovation to transform your prospects as an individual, start-up, corporation, and society lies at the heart of modern competitiveness—and tackling issues such as climate change. If one person, company, or country grows at double the rate of a rival, it can invest and develop further, widening its advantages.
Applying these innovations to deal with the threats and opportunities around us today are the best way to sustain our world.
Join leaders and innovators discovering how today's capital fuels tomorrow's exponential growth.