Friday, July 29, 2011
Diamandis on Innovation & Breakthroughs
Peter Diamandis is most succinctly described through his personal motto: “The best way to predict the future is to create it yourself.”
Dr. Diamandis is a prize-winning entrepreneur in the commercial space arena. He is also the Chairman and CEO of the X PRIZE Foundation, a non-profit focused on designing and launching large incentive prizes to drive radical breakthroughs for the benefit of humanity. Best known for the $10 million Ansari X PRIZE for private spaceflight, the Foundation is now launching prizes in four areas: Exploration, Life Sciences, Energy & Environment, and Education/Global Development. Today X PRIZE has three active awards: The $10 million Archon X PRIZE for Genomics, the $30 million Google Lunar X PRIZE and the $10 million Progressive Automotive X PRIZE. Diamandis asserts that traditional thinking, risk-aversion and incrementalism will cause the demise of organizations unable to cope with the coming decades of innovation.
He will explain how the rapid growth of key exponential technologies (Nano, Info, Bio) are empowering individuals and companies to do what only governments were able to achieve in past decades. These technologies will drive a period of significant disruption or opportunity depending on the organization’s mind-set. Diamandis’ personal mission is to open the space frontier for the benefit of humanity. In this talk, he will challenge you to pursue your own frontiers: to drive breakthrough thinking in your organization by focusing on high-aiming, clear, measurable and objective results.