Frost & Sullivan's flagship community of visionaries, innovators and leaders, Growth, Innovation & Leadership (GIL) Global, held its 2012 Australia congress on 20 November 2012at the Hilton Hotel, Sydney, Australia. This year's annual gathering focused largely on how CEOs and their management teams can achieve excellence by examining the many dynamics of growth, benchmarking proven tools and strategies, while inspiring one another with new ideas and perspectives to grow and innovate.
Manoj Menon, Partner & Managing Director, Frost & Sullivan Asia Pacific presented his keynote address on The Journey To Visionary Innovation. Menon spoke on why innovation is critical to success, where innovation comes from, how to become a visionary innovator and what are the next steps.
"Today's global economy is rapidly accelerating as evidenced by increasing competitive intensity, declining trends in margin performance and increasing price performance ratios. To survive and thrive in the future business environment, both as an individual and as a company, innovation has now become an essential ingredient," said Menon.
Following this, Mark Dougan, Managing Director, Frost & Sullivan Australia & New Zealand presented onTechVision 2020. In his presentation, Dougan identified 50 most exciting technologies and innovations that will shape the world in the coming years.
"These top Emerging and Innovative Technologies are spread across nine Technology Clusters that represent the bulk of R&D and innovation activity today. These technologies are rapidly evolving and form a vortex of innovation, driving new concepts, products, and services," says Dougan.
Rhenu Bhuller, Vice President of Healthcare, Frost & Sullivan Asia Pacific then presented on The Impact of Mega Trends on your Company, Career and Industry, setting the stage for visionary thinking by identifying the most important global Mega Trends, potential scenarios of specific trends in 2020, and the implications of these Mega Trends in transforming industries, markets and cultures.
This year's congress also featured three Think Tank sessions on The Growth Excellence Matrix – Benchmarking Where We Are and Creating a Visionary Innovation Navigation System; The Impact of Global Mega Trends on Industries, Investments and Careers; and Implementation Excellence: Leveraging Best Practices for the Top 10 Growth Processes.