The TOP 250 global emerging innovators at AlwaysOn Standford Summit #aoss09
Last week, I have been to the AlwaysOn Summit at Stanford, Packy Kelly presented the TOP 250 global private companies audited by KPMG, Bridge Bank and AO editors from all major sectors. LogLogic has been selected among 700 nominations based on these key criteria:
* Innovation
* Market opportunity
* Commercialization
* Stakeholder value creation
* Media buzz
The global AO250 list: http://alwayson.goingon.com/permalink/post/32719
Tim Miller from 451 Group presented his finding, I retain this very motivating stat: over the last 6 years companies from AO250 valuation have been more than two time more successful than other - http://twitpic.com/clo6a
During the opening session Bill Campbell (CEO NextAdvisor) shared his key metrics for a successful company. Before all other consideration he said that great company should have a great product. To do that, managers should track progress of "one single thing", from the creation up to the market and be sure people are using their product. Success requires as well strong product marketing talents to wrangle techs and customers to make a market.
Campbell told about innovation and it inspired me these two slides. He said that it's really tough for big companies to innovate, it reminds me a quote from Shunryu Suzuki "In the beginner's mind there are many possibilities. In the expert's mind there are few".
Campbell spoke as well about influencers: experience shown us that the top 2% companies on the market influences the other 98%. He added that Internet business is still driving innovation.
During all the summit, talks has been spread all over the world in live, and people commented in real-time on the Twitter board. I guess it may be hard for speakers to not be attempted to read it during their speech :-)
