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Prof. Yechiam Yemini (YY) Computer Science Department Columbia University (c)Copyrights; Yechiam Yemini; 2004 Lecture 5: From Business To Leadership Using Business To Create Leadership Version: 1.01 2/13/04
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(c)Copyrights; Yechiam Yemini; 20042 The Process Of Innovation Step 1: identify exponential change factors E.g., storage density, wire-speeds, wireless bandwidth…. Step 2: identify opportunity-markets; which markets must undergo a paradigm change? Innovation Lg 2 s(t) excess Lg 2 d(t) Market expansion
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(c)Copyrights; Yechiam Yemini; 20043 Focus on Supply-Chain Interoperability & Scale Step 3: what new supply-chains & platforms are needed to support the scale and interoperability required by the new paradigm? Develop an innovation plan focusing on these. Platform Cost/value Time 10 4 10 7 Market size 10 5 10 6 10 8 10 9
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(c)Copyrights; Yechiam Yemini; 20044 Innovation Value Leadership Step 4: Develop a business plan to deliver the innovation value. Step 5: Establish leadership by capturing key positions in forming the new supply chain. InnovationExecutionBusiness PlanLeadership ‘A leader is a person who finds a group of people marching and jumps to walk in front of it’ (could not find the source of quotation)
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(c)Copyrights; Yechiam Yemini; 20045 HAVE A GREAT SUMMER!!!
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