19100111
Description
Combining Innovation & Technology for
Real Change
- Innovation
- Happens when the underlying processes are examined
and transformative new ways of solving a problem or
creating a new service are identified
- Make an emphasis on
entrepreneurs
- Their ability to create a new good or
service, a new production technique,
or open a completely new market.
- Their hability to change and modify our
current process for delivering goods and
services or by creating entirely new services.
- Their ability to create a new good or
service, a new production technique,
or open a completely new market.
- Make an emphasis on
entrepreneurs
- Economic innovation
- Term in which technology and
innovation replace older
means of production/services
- Its an obligation to avoid
becoming obsolete
- Term in which technology and
innovation replace older
means of production/services
- Happens when the underlying processes are examined
and transformative new ways of solving a problem or
creating a new service are identified
- What is next?
- Innovation and technology together
stimulates economic growth by creating
new inventions never before imagined
- It could make older
services, goods, and
techniques obsolete
- hundreds of companies are now on
the scene and impacting how we
operate our businesses.
- It is clear that innovation
and technology coupled
together are a powerful
market disrupte
- to avoid becoming obsolete, it comes down to a willingness
to change, and a commitment to the investment of time
and money to embrace creative disruption
- Innovation and technology together
stimulates economic growth by creating
new inventions never before imagined
- How to Avoid Becoming Obsolete?
- Categories
- 4. Emerging Technology
- Creation of Technology that creates insight
from unstructured data will transform both
the business and practice of law
- Creation of Technology that creates insight
from unstructured data will transform both
the business and practice of law
- 3. Law Firm Innovation
- Creation of focus of innovation
- Diferenciate in the
marketplace
- Creation of focus of innovation
- 2. Change in Competition
- 1. Client Sophistication
- 4. Emerging Technology
- promote that each
organization innovates
- Identifiy new competitors and new strategies of existing
competitors, and provides insights on how technology
modifies firms’ relationships with clients
- Create groups of intrapreneurs
that offer services or create
new offerings
- Identifiy new competitors and new strategies of existing
competitors, and provides insights on how technology
modifies firms’ relationships with clients
- Categories
- Why Are We a Legacy Industry That
Can Transform?
- The economic growth of our industry depends
on professionals with substantial domain
expertise to help lead the charge for innovation
- Because there is an early prize for those able to successfully
innovate to the point that traditional companies must
succumb to the pressure of new inventions.
- The economic growth of our industry depends
on professionals with substantial domain
expertise to help lead the charge for innovation
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