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Redefining Innovation

"If you go ask customers what their needs are…what problems are they trying to solve – you can always find ways of leveraging technology….to help them do things even better." – Sol Trujillo CEO Telstra

Innovation can be a hard concept to pin down. That’s why defining what it means to an organisation is the first step towards truly engaging customers. Radical thinking needs to be employed to come up with the blue-sky ideas. To turn those ideas into revenue generators means making a creative leap beyond the nuts and bolts of a product and really connecting with consumers. Ursula Burns, Chief Executive of Xerox says, “Customers can’t really articulate always what they want. They give you a rough outline”.

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Customers can’t really articulate always what they want. They give you a rough outline

- Ursula Burns, Chief Executive of Xerox

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The task of the truly innovative company is to “get that outline into some real practical solutions” So how does a company make an emotional or lifestyle connection with customers? For global engineer Vijay Vaitheeswaran it is about firms bringing consumers into the creative process by “opening up their doors” and “tapping the latent innovation potential of their customers around the world”. Episode 3 examines how companies can use tools such as the innovation inventory to add value to their business and develop innovative ways to enhance the customer experience.

Featuring Guests:

   

Ursula M. Burns

President, Xerox Corporation

S. Ramadorai

Managing Director, Tata Consultancy Services

David Everitt

President, Agricultural Division, Deere and Company

Mark-Hans Richer

CMO Harley-Davidson

Solomon Trujillo

CEO of Telstra

Andy Stefanovich

Founder, Play

Mark Ecko

Fashion Designer & Entrpeneur

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