Section8 Guest Flashcards
1
Q
Definition of Innovation
(McKinsey)
A
Innovation is the ability to:
- Conceive new products, services, or processes
- Develop and deliver them
- Scale them for business impact
Source: McKinsey (Aug 2022)
2
Q
IBM’s Core Business Units
not relevant in my opinion
A
- Consulting
- Technology — Hardware
- Technology — Software
- CHQ+Admin, Research, Financing, Ecosystem
3
Q
IBM’s Current Focus Areas
not relevant
A
- AI at enterprise scale
- Hybrid Cloud for seamless computing
- Quantum with quantum-centric supercomputing
- Semiconductors (e.g. 2 nm node, 1 nm and beyond)
4
Q
Inside-Out vs. Outside-In
and what is the type of risk?
A
Inside-Out:
- Embedded innovation in existing products/services
- Faster, predictable go-to-market but adoption risk
Outside-In:
- M&A (e.g. Red Hat), partnerships, or joint ventures
- Rapid market expansion but integration risks
5
Q
Ecosystems
Describe what they allow for and what they need
A
- Partner team sport for commercialising technology
- Shaping and navigating ecosystems = success
- Joint value proposition needed for all partners
6
Q
Three Risks in Commercialisation
A
- Execution Risk: technology or product readiness
- Co-Innovation Risk: alignment between partners
- Adoption Chain Risk: ensuring ROI across stakeholders
7
Q
Minimum Viable Ecosystem (MVE)
how does one create one (3)
A
- Start with essential partners
- Align expectations, timelines, and ROI
- Co-create a joint value proposition
8
Q
IBM Quantum Network Highlights
not relevant
A
- 5K gates, 133 qubits (2023)
- Roadmap to 100M gates (2033)
- 250+ organisation members
- Ecosystem essential for industry use cases
9
Q
TradeLens Example
A
- Blockchain platform for global supply chains
- Strong individual ROI but complex ecosystem governance
- Involves shippers, terminals, carriers, and governments
10
Q
Key Takeaway
A
- Commercialising (technical) innovation is a partner sport
- Co-Innovation + Adoption + Execution must align
- Shape a joint ecosystem while preserving each partner’s benefits
