Tom Furst

Speaker Services, Innovation Speaker

Contact Info

Phone: Contact Speaker Services: 310.512.7779
E-Mail: info@SpeakerServices.com 
Website: www.TomFurst.net 
Availability: Silicon Valley (San Francisco Bay Area); California, Maryland, Massachusetts, Virginia; National

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Topics: Innovation, Business Building, College Speaking, Entrepreneurship

Areas: Silicon Valley (San Francisco Bay Area); California, Maryland, Massachusetts, Virginia; National

Title: Innovation Process Expert & Coach, Silicon Valley CFO/COO

FEE, FREE

InfoBest-fit Audiences:PresentationsBioTestimonialsBooks

Silicon Valley financial executive involved in the creation of Siri and other high-impact innovations shows entrepreneurs how to identify a big market need, then find and sell a great solution.

Are you struggling to keep up with the new innovation economy and the need for powerful solutions? Massive unexploited technology is available today within our nation’s research organizations, and you could be among those innovators leveraging it to create a major impact. “Our world is driven by people who create the Next Big Thing,” says Tom Furst, former CFO/COO of Silicon Valley-based SRI. “They’re able to identify a big need and then create a product or service to fill that need. When they succeed they achieve fame, fortune and the satisfaction of building something important.”

If this is your dream, Tom Furst’s exciting presentations give you a rare chance to learn from a top industry leader how to maximize your success as you bring your innovative product or service into today’s competitive marketplace.

To succeed in the new world of innovation, you must excel at a specific set of skills. Tom’s insightful presentations, culled from years of experience at the epicenter of innovation at SRI, reveal the Five Disciplines of Innovation designed to generate massive customer and market value. “If you want to bring your innovation to market, you must master these Five Disciplines,” says Tom. “Innovation is not magic,” he explains. “It requires defining the big need to be satisfied (the “must-have”), using a specific set of skills to outline the superior solution, and describing the benefits/advantages over its competitors.

Takeaway
You’ll learn how to survive and thrive in today’s fast-moving economy, where businesses and employees are required to master the skills of innovation that few can deliver.

Fast Facts

  • 18 years as CFO/COO of SRI, birthplace of Siri; da Vinci robotic surgery, Nuance Communication speech recognition, and many other high impact innovations. Served as core member of SRI’s Commercialization Board, which invested seed funding in Siri and other high-potential startups.
  • Executive in Residence, MIT, and strategic advisor to the Silicon Valley Executive Network
  • Partnered with daughter, Kim Furst, an independent filmmaker, to establish ecommerce distribution for the award-winning documentary The Bob Hoover Story: Flying the Feathered Edge that co-starred Harrison Ford.
  • While student body president of Villanova University, Furst met privately with Dr. Martin Luther King before introducing him to 5,000 people and a television audience.

Your audience will learn how to…
Implement the Five Disciplines of Innovation, either for a single customer or for an entire market. The 5DOI is a structured process approach to successful innovation based on these tenets:

  • Satisfy an important customer and market need. Successful innovators find and solve important problems, not just interesting ones.
  • Build an “NABC” for High Value Creation:
    • Need: Define the “must-have,” the big need being satisfied.
    • Approach: Outline your superior solution.
    • Benefits/$: Identify and quantify the advantages of your solution.
    • Competition: Describe why your solution is better.
  • Innovate with champions. Champions make things happen; they possess the requisite passion and commitment.
  • Assemble an awesome team; their collective IQ has no limits.
  • Create a supportive and nurturing environment; the proper setting is essential to allow innovation to emerge and flourish.

Most people think they recognize innovation when they see it, but their definitions can vary widely. Tom will present examples that define true innovation for your audience and teach them the steps to master the process of making it happen. He shares fascinating stories about how it was done successfully with Siri and other “disruptive” innovations, and explains how anyone can be an innovator.

Why Tom Furst is unique…
The Washington Times once stated, “As CFO of SRI International Tom Furst oversees one of the great economic engines of Silicon Valley.” Former core executive leader of the most prolific innovation engine on the planet, Furst says, “I played a leadership role in the creation and successful implementation of SRI’s two-part business model, which consisted of performing leading edge R&D and then commercializing the results with a series of thriving start-ups. I teach others to duplicate the process with excellent results.” Successful innovation requires a disciplined process that can be documented, taught, and repeated. Tom’s key strength lies in clearly communicating the concepts and principles of innovation, and then applying them at the deal and organizational levels.

What people are saying…
“Tom is a superb CFO and COO. But what makes him unique is that he also deeply understands the process of value creation and innovation. He has helped create new companies, structure joint ventures, and assemble partnerships with leading global companies and government agencies. He is a true creative partner working with other senior executives on structuring and growing the business. Tom is an extremely articulate speaker, having given hundreds of presentations to leading company executives, government officials, and general audiences.”
– Dr. Curt Carlson, CEO, SRI International, 1998–2014; CEO, The Practice of Innovation 2014-Present

Best-fit Audiences

  • Corporations, Business Groups, Nonprofits
  • Baby Boomers, Millennials, Retirees
  • Colleges, Universities, Schools, Youth Groups
  • Business and Civic Groups
  • Entrepreneurs, Small Offices

Presentations

Offered as keynotes, breakouts, seminars or workshops, retreats, trainings and webinars, and customized for your group. Tom Furst is also available as a panel guest or moderator.

Tom’s talks on innovation are packaged in two ways, depending on the setting, the audience, and the goals of the organization. Each talk includes a 10 to 15-minute version of the inside story of Siri and the next innovations poised to follow.

Innovation: What, Why, How

This presentation is designed for a social setting or a lunch or dinner keynote where the audience includes those well-versed on innovation as well as those with little to no knowledge of the subject. The talk is made compelling through stories, anecdotes, pictures and examples, and is designed to inspire and educate. You’ll learn:

  • What is true innovation?
  • New directions in today’s economy and the workforce; trends, risks and opportunities.
  • Why it’s important to innovate.
  • How to innovate. A high-level overview of “how.”
  • How Siri evolved, from her conception through the Apple acquisition.
  • What makes certain well-known leaders “innovators”?

30 to 45 minutes; 15 to 25 slides

The Five Disciplines of Innovation

This presentation is designed for a business conference at which innovation is an important component of the meeting goals. The talk is designed to challenge the audience to be open to new ways of thinking about bringing innovation to their jobs or businesses. The structure is similar to Presentation #1, with less time spent on the “what” and “who” and more on the “how” and “why,” as well as the importance of leadership as the driving engine for successful innovation. The story of how Tom was involved in the creation of Siri is used to bring the Five Disciplines of Innovation to life.

30 to 60 minutes; 20 to 35 slides

Meet Tom Furst…

From 1996 to 2014, Tom Furst was CFO, and effectively COO, of Silicon Valley- based SRI International, an organization that Business Week called “a breeding ground for blockbusters,” and “the soul of Silicon Valley.” Since its founding in 1946 as the Stanford Research Institute, SRI has been at the epicenter of worldwide technological development.

Tom’s highly unique skills lie not only in supporting specific innovation opportunities, but in the leadership and management of organizations pursuing both research and innovation—activities requiring different skill sets. These organizations may also have educational and/or patient-oriented missions (such as research universities or medical institutes), which bring additional business models and greater complexity. Tom works with such groups to align and integrate these multiple goals and businesses.

Prior to joining SRI, Tom served for five years as the senior finance and contracts executive for Booz Allen & Hamilton’s Technology Center. He also held financial and operating management positions at PRC (now Northrop Grumman), at HRB Singer (now Raytheon), and at RCA (now GE).

Tom holds a BS in Economics from Villanova University and an MBA from The College of William & Mary.

What people are saying…

“Tom is a superb CFO and COO. But what makes him unique is that he also deeply understands the process of value creation and innovation. He has helped create new companies, structure joint ventures, and assemble partnerships with leading global companies and government agencies. He is a true creative partner working with other senior executives on structuring and growing the business. Tom is an extremely articulate speaker, having given hundreds of presentations to leading company executives, government officials, and general audiences.”
– Dr. Curt Carlson, CEO, SRI International, 1998–2014; CEO, The Practice of Innovation 2014-Present

Books by Tom Furst

 



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