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Join Satjiv S. Chahil, an Innovation Advisor at Sony Electronics, on a captivating trip through unexpected failures and successes in innovation. Learn valuable lessons on adaptability, market segmentation, cultural implications, and stakeholder buy-in. Explore the importance of persistence, partnerships, and looking beyond traditional boundaries for commercial success. Discover how innovation spans industries and impacts lifestyles, with insights on seizing opportunities and achieving mass adoption. Don't miss this insightful journey into the world of innovation!
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Kung Fu Panda • Attention Please
Interesting Failures and Unexpected SuccessA Trip Down Memory Lane. Tel Aviv, Israel January 29, 2014 Satjiv S. Chahil Innovation Advisor Sony Electronics
Interesting Failures and Unexpected Success Lessons Learned: There are infinite innovative ideas - execution is key. Be adaptable & look broader than the original target market. Must understand segmentation & cultural implications of innovations. Look beyond your industry. Beyond economic & tech impact – lifestyle impact. Business justification can be completely different than foreseen. Create buy-in within internally & externally with all stakeholders. Persistence & patience are essential for successful commercialization. Adoption usually happens in a hockey stick manner. Partnerships & ecosystems are key to mass adoption. “Opportunities for innovation in everything.”
Thank You What next? THANK YOU! SATJIV@CHAHIL.COM