“There is no innovation today without a digital component and vice versa.”

Dr. Christoph Huels, Chief Innovation Officer, Merck KGaA

innoboard-merck-dr-christoph-huels-digital-innovation

Innoboard: There is no consistent definition of innovation. Every industry and every department perceive it differently. How would you define innovation with respect to your position as Chief Innovation Officer of Merck KGaA?

Dr. Huels: Innovation is a key element to drive organic growth in an organization and separates the leaders from the followers. If you want to generate business success from internal strength, skills and expertise, strong innovation is the answer. In that sense, we believe in Joseph Schumpeter’s classical definition, which connects innovation to business outcomes. In order to enable a different and appropriate environment for innovation, a dedicated Innovation Unit was created at Merck. It enables a different culture and architecture to unlock unique innovation, and we specifically seek to innovate between and beyond our existing business sectors (Healthcare, Life Science and Performance Materials). In this way we aspire to build the next generation of Merck businesses.

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Dichotomy of Intelligence – a thorny journey towards human-level intelligence

by Michael (An) Wei
Director, Samsung AI Research, US

People have long speculated the vision on machines with human-level intelligent capability, and tons of scientists have dedicated themselves on this mission. Remarkable progress has bene made along the history and commercial products have instilled into the corners of our lives from search engine, recommendation system, planner, spam alert to scientific research. Particularly since 2009, fueled by deep learning technology, machine learning has made historical breakthrough in speech recognition, image recognition and translation, matching or even superseding human’s capability in selective domains, while many other are being intensively explored as we speak. While we embrace and celebrate this trophy out of decades of artificial intelligence endeavor, a question inevitably arises – how far we are still towards human-level intelligence? The future is promising and exciting, but the journey is certainly far from easy, due to the Dichotomy of Intelligence.

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“Digitization changes the business models in the home appliance industry.”

Mario Pieper, Chief Digital Officer, BSH Hausgeräte GmbH

innoboard-digitalization-mario-pieper-bsh

Innoboard: There is no consistent definition for innovation. Every industry and every department perceive it differently. How would you define innovation with respect to your industry?

Mario Pieper: There is most likely not one single best definition of innovation. It is generally challenging to provide a perfect definition for such a complex topic. Moreover, there are many different types of innovation, which further complicate a focus on one single definition. Nonetheless, there are a few important features that typically characterize innovation. Above all, innovation is something new that has an impact. In this respect, impact means that it is not only a new idea, concept or technology without any market application. Instead, it is something new that actually has some use and is applied either internally or externally. Internally, innovations refer to new processes or new business models. Externally, innovations can be new products or services. Thus, we can talk about many different types of innovations. What they have in common is their impact in terms of internal or external changes.

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“We have to work with the technology of today and tomorrow to deliver our guests a great experience.”

Michael Mack, Chief Executive Officer, Europa-Park

innoboard-michael-mack-europa-park-innovation
Innoboard: There is no consistent definition of digitization. Every industry and every department perceive it and react differently. What does digitization mean for MackMedia and the well-known Europa-Park in Rust?

Michael Mack: More than 236 years ago, my family declared its goal to provide people unforgettable moments. Since then, the company motto has been “The wide world is my field”. The Mack family always tried to expand their offer to respond to the customers demand. As Charles Darwin said: „It is not the strongest of the species that survives, nor the most intelligent. It is the one that is the most adaptable to change.” And that is key to the success!

Thinking about how to define “digitization” in the context of Europa-Park and MackMedia, I would tend to say that it´s about creating a digital world of adventure which delivers emotional moments visitors have known and appreciated from Europa-Park. We have to work with the technology of today and tomorrow to deliver our guests a great experience not only in the park itself, but also in the digital world.

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[Guest article] What is stopping open innovation?

by Paul Sloane

Open Innovation has come of age.  It has become a mainstream activity in most leading companies. It is now established as corporate best practice with many successes. Eminent examples include

Large companies are using OI to find agile partners who will help them to grow by co-developing innovative new products. Small companies are using OI to partner with companies that can take them to places and markets that would otherwise be out of reach. Consumer goods companies and public service organisations are using it to engage with customers and harness their best ideas. Government, education and voluntary bodies are getting in on the act.

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Interviews

innoboard-merck-dr-christoph-huels-digital-innovation

“There is no innovation today without a digital component and vice versa.”

Dr. Christoph Huels, Chief Innovation Officer, Merck KGaA

Friday, December 2, 2016

Innoboard: There is no consistent definition of innovation. Every industry and every department perceive it differently. How would you define innovation with respect to your position as Chief…

innoboard-digitalization-mario-pieper-bsh

“Digitization changes the business models in the home appliance industry.”

Mario Pieper, Chief Digital Officer, BSH Hausgeräte GmbH

Tuesday, November 15, 2016

Innoboard: There is no consistent definition for innovation. Every industry and every department perceive it differently. How would you define innovation with respect to your industry? Mario Pieper:…

innoboard-michael-mack-europa-park-innovation

“We have to work with the technology of today and tomorrow to deliver our guests a great experience.”

Michael Mack, Chief Executive Officer, Europa-Park

Wednesday, November 2, 2016

Innoboard: There is no consistent definition of digitization. Every industry and every department perceive it and react differently. What does digitization mean for MackMedia and the well-known Europa-Park…

innoboard-innovation-michael-wei-samsung-artificial-intelligence

“Artificial intelligence is an important component of digital transformation.”

Michael Wei, Director, AI Research Center, Samsung America Research

Friday, October 7, 2016

Innoboard: There is no consistent definition of digitization. Every industry and every department perceive it and react differently. How would you define digitization with respect to your industry? Michael…