Innovation and Competitiveness: Creating the Future

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Innovation and CompetitivenessCreating the
Future

• Soumitra Dutta
• Roland Berger Professor of Business and
  Technology
• Dean of External Relations
• INSEAD

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Three Questions

• What is the opportunity?
• How to win in the innovation game?
• How to achieve the impossible?

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What is the opportunity?

• A period of significant uncertainty and fear and
  a time of questions about role of business in
  society
• However, also a great time to rethink business
  and competitiveness
• Now is the time to be bold in action
• The first step is to be able to ask the right
  questions

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How to win in the innovation game?

• Multiple aspects, but most important is talented
  people
• Develop your own create world class
  universities
• Attract the best make them feel at home
• Leverage diversity - while strengthening identity

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How to achieve the impossible?

• Innovation is horizontal be creative (a la
  Obama)
• Good is the enemy of great banish
  satisfactory underperformance
• Be inspired and help to inspire the young
• Be passionate for a greater cause

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Thank you!

• soumitra.dutta_at_insead.edu