An invitation to…
The 10th Lecture of the IEL Distinguished Speaker Series
Leading Innovation for Wealth Creation
25 October 2016 (Tuesday), 6.30pm to 7.30pm, NUS Engineering Auditorium
When Ric Parker retired earlier this year, he was the longest serving CTO in the FTSE 100 Companies, with 15 years in the role and 37 years in the Company. This experience has given Ric time to reflect on what makes innovation successful (and why it sometimes fails).
Why is innovation different from invention: invention is that flash of brilliance that leads to a vital new idea, captured in a patent, or technical publication; but innovation is the entire process of turning that idea into wealth creation, social benefit, or both.
Ric’s own model for corporate innovation maps it into a Boston box with axes of internal or external, closed or open. This model will be explored, looking at companies that have successfully employed each of the four possible approaches. What are the implications for corporate culture and employee behaviours that go with each of these.
Singapore is an excellent micro-culture in which to explore these models, and Ric is currently advising A*STAR on how to effectively convert investment in technology into wealth creation for Singapore.
|Networking will commence from 5.45PM. A light buffet dinner will be served after the event.|
|For more information email: firstname.lastname@example.org
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