Innovation for Value and Mission

Peet van Biljon advises private- and public-sector clients on innovation management, technology strategy, organizational transformation, and Technology and Innovation Policy. He was formerly a management consultant at McKinsey & Company, where he also managed the firm's global innovation practice. He serves clients in all sectors, but has particular expertise in the high-tech, electronics, software, and advanced manufacturing industries. His current research interests include improving the effectiveness of public spending on innovation; and employing innovation to achieve system-wide sustainability transitions. Mr. Van Biljon is the founder and CEO of BMNP Strategies LLC, an advisory company. He also serves as an adjunct professor at Georgetown University’s McCourt School of Public Policy, where he has been teaching a graduate course, "Innovation and Public Policy," since 2017. Articles on innovation and R&D management that he coauthored have been published in MIT Sloan Management Review, Research-Technology Management, and on mckinsey.com. He frequently writes blogs and articles on innovation for magazines. His previous book, Making Money: The History and Future of Society's Most Important Technology, coauthored with Alexandra R. Lajoux, was released in 2020. Earlier, he published a book on business ethics, Profit with a Higher Purpose. Mr. Van Biljon earned a B.Eng. (Electronic Engineering) degree from the University of Stellenbosch, and B.Com. (Accounting and Economics) and M.Com. (Economics) degrees from the University of South Africa. He is licensed as a professional engineer (P.Eng.) in Ontario, Canada; and is a long-standing member of the Institute of Electrical and Electronics Engineers (IEEE).

• PART I. A QUICK START TO INNOVATION Chapter 1. Introduction The need for innovation in the private and public sectors Definition and types of innovation The multi-disciplinary nature of innovation Course plan options and how to use this book Chapter 2. Creativity and design thinking Human creativity and the processes that expand it Problem statements and sources of insight Tools for insight and selecting the right model Introduction to design thinking and lean start-up models Chapter 3. Big ideas in innovation Innovation thought leaders from Schumpeter to contemporary Major schools of thought in innovation Why innovation is so hard and where the pitfalls are Synthesis: The 7 Secrets of Innovation Success Part II. INNOVATION IN CONTEXT Chapter 4. Understanding technological innovation The Fourth Industrial Revolution The nature of technological transformation The Industrial Internet of Things, smart factories, and smart cities Advanced analytics, artificial intelligence (AI), and other intelligent systems Chapter 5. Public policy and the Fourth Industrial Revolution The race for supremacy in AI Policy and ethical issues in the use of AI and intelligent systems Retraining and upskilling the workforce; industry incentives for innovation Universal Basic Income (UBI) and other policy ideas for the Future of Work Chapter 6. Prosperity, productivity, and national innovation systems The changing nature of competitive advantage The national innovation system Lessons for advanced economies Lessons for emerging economies 　 PART III. INNOVATION MANAGEMENT Chapter 7. Managing R&D and product development Technical and business risk management Timelines and the need for speed – agile development and other methods Manufacturing and quality systems Technology strategy and roadmaps Chapter 8. Innovation management systems The essential elements of an innovation system Different strategic and innovation leadership styles Growth horizons and different types of innovation needed Innovation stages, process management, and innovation playbook development Chapter 9. Innovation portfolio management and decision-making Introduction to innovation and R&D portfolio management Managing complexity: projects, portfolios, and anticipating chaos Ensuring portfolio alignment with strategy Decision-making processes and their flaws – cognitive biases and distortions PART IV. THE ECOSYSTEM OF INNOVATION Chapter 10. Innovation in organizations The social nature of innovation and the different roles people need to play Dedicated innovation structures and when to use them Innovation culture, change management, and the role of leadership How to recognize and scale best practices in organizations Chapter 11. Open innovation The role of open innovation and external networks External collaboration goals and models Innovation competitions Additional crowd-sourcing techniques Chapter 12. Business model innovation The elements of a business model Platform innovation Value proposition stress-testing and business prototyping Adapting and pivoting like a startup Chapter 13. Innovating with a purpose The Triple Bottom Line and other socially responsible approaches Green innovation and the role of regulation How private companies innovate for ESG – cases and discussion How the public sector innovates for sustainability – cases and discussion PART V. QUICK APPLICATION GUIDES TO INNOVATION < MAY BE EXPANDED TO INCLUDE ADDITIONAL SECTORS DEPENDING ON LENGTH OF PARTS I TO IV.> Chapter 14. Aerospace and defense innovation Regular development processes vs. skunk works Requirements management, functionality, and technology choices Introduction to systems engineering Lifecycle management Chapter 15. Healthcare innovation Pharmaceuticals Medical Devices Healthcare providers Healthcare payors Chapter 16. Fintech and financial industry innovation The fintech landscape The battle between start-ups vs. incumbents Cryptocurrencies and blockchains Regulation of fintech and cryptocurrencies