Breakout Rooms Designated By Topic Area
Led By Seasoned Practitioners and Investors
Breakout Discussion Format:
Case study illustrations based on history and experience, followed by open Q&A discussion for group input.
THRIVING ON CHANGE: IBF CVIP BREAKOUTS, FEBRUARY 10, 2014
Head of Swisscom Ventures – Swisscom
Chairman – Corporate Venturing & Innovation Partnering Conference
Leading international-based CVC units active in the US will share insight on best practices (20 minute discussion)
Head of Swisscom Ventures
Robert Bosch Venture Capital (European)
Samsung Venture Investment
Leading US-based CVC units active internationally will discuss their strategy and activities (20 minute discussion)
Vice President & Managing Director
Managing Director – Applied Materials
General Manager – Applied Ventures
New Venture Partners
Morgan Lewis & Bockius
Once regulated to compliance and then realizing efficiencies, sustainability is becoming a key driver for innovation, growth and even the right to operate. Sustainability in this context is social, environmental and economic. So, what is the role of sustainability in CVC? Does incorporating the sustainability agenda provide competitive advantage or is it just a ‘nice to have’? Is it even in our job description? This panel will debate and explore these issues at warp speed.
Former Senior Vice President
Head of Target Neutral
BP America &
Principal – Clareo
Michael D. Smith
Head of Constellation Technology Ventures
Strategic Investments & Innovation Partnerships
Peter J. Bryant
Partner – Clareo
Senior Fellow – Kellogg Innovation Network
CVC and Innovation programs continue to evolve. The panel will explore effective execution based on structure, resources and objectives, including examples of both collaborative and mis-aligned investment syndicates. What is common success behavior?
T-Venture of America Inc.
Deutsche Telekom AG
Nokia Growth Partners
Vanessa Indriolo Vreeland
Senior Vice President
Managing Director of Private Equity
Fifth Third Bank
West Capital Advisors
CEO & President
George Whitesides is the CEO and President of Virgin Galactic, the spaceflight company founded by Sir Richard Branson. Using technologies developed to win the historic X Prize, the company has developed revolutionary new space vehicles to take people and small satellites into space cost effectively. George will discuss how Virgin Galactic innovates to create and develop new global industries.
Invited participants will join us for this executive forum to exchange perspectives on a topic that challenges many organizations, leaders of innovation and corporate venture programs.
This rapid session will review feedback from the pre-conference survey and interviews, cover a group exercise, and allow participants to share key perspectives, providing an ideal opportunity to network with peers.
Prepared and facilitated by Andrew Gaule, Founder of Corven Networks
Founder & Managing Director – Allegis Capital
Chairman – Corporate Venturing & Innovation Partnering Conference
Author, Big-Bang Disruption: Strategy in the Age of Devastating Innovation
Larry Downes is an Internet industry analyst and author on developing business strategies in an age of accelerating technological disruption.
He is the co-author, with Paul F. Nunes, of Big Bang Disruption (Penguin Portfolio 2014). Based on extensive research, the book introduces a new kind of disruptive innovation and teaches executives across industries how to adjust their strategies to survive it.
His previous book, The Laws of Disruption: Harnessing the New Forces that Govern Business and Life in the Digital Age explored the accident-prone intersection of law and innovation.
Downes is also the author of the Business Week and New York Times business best-seller, Unleashing the Killer App: Digital Strategies for Market Dominance, which was named by The Wall Street Journal as one of the five most important books ever published on business and technology.
He has held faculty appointments at the University of Chicago Graduate School of Business, Northwestern University School of Law, and the University of California-Berkeley’s Haas School of Business, where he was Associate Dean of the School of Information.
He writes regularly for Forbes, Harvard Business Review and CNET, and is frequently quoted in media stories in both mainstream and trade outlets.
Best practices and new methodologies used to cultivate talent and foster innovation will be shared. In-depth illustration on Andreessen Horowitz’s approach to working with corporate strategics to be delivered.
Deborah C. Hopkins
Chief Innovation Officer
Senior Innovation Evangelist
U.S. General Services Administration
As the evangelist for Data.gov, an open government flagship project for the White House, Jeanne Holm assists the public, educators, developers, and international and state governments in using open government data.
Director of Vehicle Information Technology Division
Open Innovation & Advanced Business Development
Hyundai Motor Company
Chief Innovation Officer
Boston Children’s Hospital
Naomi Fried, Ph.D. is Boston Children’s Hospital’s first Chief Innovation Officer and is building and developing a program in clinical innovation, aimed at improving care quality and assisting the hospital in shaping the future of health care. Previously, she was the Vice President of Innovation and Advanced Technology at Kaiser Permanente (KP) where she led an effort to identify and assess new and emerging technology and trends in the delivery of care; chaired the board of its internal Innovation Fund for Technology, which provided funding for innovative technology projects within KP; formed and chaired KP’s Telehealth Working Group, which developed strategy for Kaiser in the emerging area of telehealth; and was involved in the start-up and governance of KP’s Innovation laboratory, the Sidney R. Garfield Center for Health Care Innovation. Prior to this position, she was Managing Director of KP’s Archimedes Project. Before KP, Naomi advised two venture capital firms on life science and health care information technology investments; served as the General Manager and Vice President for Business Development of 1747, Inc., which conducts online clinical trials for new drugs; and was instrumental in the formation of the medical informatics internet start-up company (e-SKOLAR, formerly SHINE) spun out of Stanford School of Medicine, serving as interim President for its first year. Naomi has a BS in Chemistry from the University of California, Berkeley and a Ph.D. in Materials Science from MIT.
Special Advisor – Psilos Group
Founder – Venture Valkyrie Consulting
In 2006, co-authors Robert Scoble and Shel Israel wrote Naked Conversations, a book that persuaded business to embrace the emerging technological force that we now call Social Media.
Six years later they have discovered that social media is but one of five converging forces that are now changing almost all aspects of work and life. You know these forces already: mobile, data, sensors and location-based technologies are converging with social media to deliver us into the new Age of Context. They are with us wherever we go: in the devices we carry and will soon wear on the streets, in our cars, and increasingly in our homes and public buildings. They are making it easier to find TV programs we watch and to detect cancer. They promise to make marketing messages more useful and appreciated by their target audiences. Contextual technology is showing up in all kinds of objects and connecting them to many other objects. The book will tell you about toothbrushes that report you to the dentist when you have a cavity, and cars that can establish or destroy alibis for criminals or straying spouses; homes with mirrors that are large touchscreen computers and will some day show you what you look like in the clothes you are holding on a hanger. In this new Age of Context, our devices will start to know us better than the people who are closest to us. We will communicate with them by voice and gestures and they will give us voice answers in any language we speak. They will know what we want before we do because they are tracking our activity patterns, And they are always looking out to see what environmental condition could put us off schedule. Scoble and Israel have spent more than a year researching this book. They report what they have learned from speaking with over a hundred pioneers of the new technology and by examining hundreds of new products. What does it all mean? Where is it taking us? Well, there’s good news and bad. First, life will be better and longer. Technology will make us healthier and better informed. We will have more of the entertainment we like and meet more interesting people online. The planet will be cleaner and we will be more secure from burglars, thugs and terrorists, but we will be paying a steep and dangerous price for all that in terms of our personal privacy. The authors are both passionate champions of the new technology and its benefits. And they warn that big data will indeed be watching you in the coming years. They will tell you why they feel the benefits far exceed the costs.
Exclusively revealed first for those in attendance at CVIP, you will be the first to see the results of the recently released CVI² and J Thelander Consulting 2014 CVC Bonus Survey which supplements the ground-breaking CVI² – Thelander 2013 CVC Compensation Survey.
Founder & CEO
GE Ventures & healthymagination
Sue Siegel works on GE’s growth and innovation initiatives as CEO of two company-wide platforms: GE Ventures, which partners entrepreneurs with GE capabilities and investments, and healthymagination, which harnesses innovation and partnership to drive better health outcomes. Sue is a 25+ year industry leader with corporate and venture capital experience in growing technology companies in biomedical research and healthcare. Prior to joining GE, she was a General Partner at Mohr Davidow Ventures. Sue has been featured in the bestselling business book: Multipliers: How The Best Leaders Make Everyone Smarter and was recognized as one of “The 100 Most Influential Women in Silicon Valley.”
How can mature companies teach themselves to move with the speed and agility of start-ups? To flourish in the innovation age, companies must change how decisions are made, and how leaders lead. Companies must empower employees at all levels to run fast, cheap experiments, and challenge them to bring that learning and data into the discussion, allowing the best ideas to win out. In this session, you will hear about Intuit’s own journey, and about the principles for any company, big or small, to create a culture where rapid experimentation and innovation can thrive.
Innovation & Transformational Change Programs
As Vice President of Innovation and Transformational Change Programs at Intuit, Eileen Fagan leads companywide programs to increase our innovation capability and strategic advantage. She helps the company adapt to continuing technology, economic, social and market changes as well as creating a culture of innovation at both the senior leadership and team level.
US Head of Investing & Portfolio Manager
Co-Founder & Managing Partner
Global Corporate Venturing
IBF*International Business Forum will announce the nominees of the 16th Annual Corporate Venturing & Innovation Partnering Special Achievement Awards.
Honors are extended by IBF to individuals who, during their lifetime and career, have made a significant, fundamental contribution to the growth and sustainability of corporate venturing and innovation partnerships through their vision, creativity, leadership, commitment and passion.
These individuals and their contributions have advanced or had a lasting impact on the industry, and a lifetime of achievement in intellectual and practical leadership supporting the sustainable growth of the corporate/start-up collaborative ecosystem.
Award Categories Include:
Exit Of The Year
Liquidity event (M&A, exit, IPO) fueled by corporate venture investment affording both strategic value and financial success to parent organization within the past 12-18 months.
Qualcomm Ventures: Waze sold for $1.1b to Google; Invensense, in which Qualcomm owned 7% at IPO in 2011, now reached $1.7b market cap.
Google Ventures: 75 new investments and achieved 10 exits during 2013 (Silver Spring Networks, RetailMeNot, and Foundation Medicine). Nest was most recently announced for 2014.
Novartis Ventures: Okairos sold for $325m to GSK.
Strategy/Value Creation Of The Year
The best corporate venture program to support product development, strategic investment and value creation in the past 12- 18 months.
SAP Ventures HANA Fund: more than doubled its size, with an initial target of 155m closing at 405m.
Qualcomm Ventures: Recognized based on the incubation of Vuforia (Qualcomm’s free computer vision software platform for developers).
Google Ventures: Honored based on the $200m investment into Uber.
Special Achievement Award
This honor will be extended to a corporate venture executive who has made notable contributions of outstanding significance to the CVC industry.
Arvind Sodhani, President – Intel Capital: Built and operates the largest CVC in the world.
Reinhard Ambros, Managing Director – Novartis Venture Fund: Drove the fund to be largest biotech CVC in the world.
Deborah C. Hopkins, Chief Innovation Officer – Citigroup: Based on her role as Chief Innovation Officer, directly engaged with Citi’s venturing efforts.
A series of breakfast briefings from a select group of organizations that will share their mission statements and initiatives from the stage.
7:50 – 8:00 am
Corporate Innovators Huddle
Venture Partner – Swisscom Ventures
Co-Founder – Corporate Innovators Huddle
8:00 – 8:15 am
Alternative Liquidity Options & The Secondary Market
Many large companies see corporate venture capital (CVC) as a key tool for gaining access to new technologies and getting insight into emerging trends – and hopefully earning a positive financial return while they’re at it. However, a changing financial, technology and market landscape is creating new challenges for CVCs. Conventional venture capital is contracting and retrenching to capital-light software-focused firms, backing away from the materials, cleantech, and industrial biotech deals where many CVCs would like to co-invest, while other funding sources like contests, conscious capital, and crowdfunding are growing – and will collectively surpass VC, as soon as 2014. Technology development is diversifying and globalizing, meaning that walking the halls at a few august institutions like MIT and Stanford no longer suffices to catch the rise of disruptive innovations. Meanwhile, in the face of macroeconomic uncertainty, the C-suite is pressing strategic functions like CVC to show more concrete and near-term value to the organization. Despite these challenges, powerful global megatrends like urbanization, ageing populations, resource constraints, and the changing energy landscape arguably make the opportunity – and the strategic imperative – for CVC stronger than ever.
Survey results, from a collaborative effort between IBF and Lux Research, will showcase findings collected from a global-cross section of executives in CVC. Insights and strategies for navigating this emerging landscape will be shared through coverage of the following topics:
Michael Holman PhD
Presented By: NVCA
Head of Research
Back To Basics: The Veteran Approach
Pfizer Venture Investments
Merck Global Health Innovation Fund
When Opportunity Knocks: Newly Established Models and Growth Potential
Head of Digital Ventures
Co-Founder & Managing Partner
Arc Venture Partners
Drinker Biddle Reath
The relatively recent proliferation of accelerator programs around the country has created a new breed of innovation partner – the entrepreneur. There are many benefits to working with this very creative, highly motivated and potentially disruptive group, but it is not without risk. In this session we will provide an in-depth, behind the scenes view of the real experiences that have produced results, both good and bad. We will provide case studies, deep insight and the strategies you need to know before making entrepreneur-based innovation partnering decisions. We will also share research collected from numerous accelerator programs around the country that affect an entrepreneur’s overall commercialization success and your partnering program.
Think Big Partners
This session will recap major themes and issues from the Day 1 Breakout Sessions. Selected breakout group moderators will participate in a panel highlighting learnings and recommended actions from their groups.
Partner & Co-Founder