Britt Technology Impact Series

Mobile Money: Innovation Ecosystems and Strategy

April 21, 2010 • Tuck Campus

Mobile Money: Innovation Ecosystems and Strategy PhotoMary McDowell, Executive Vice President and Chief Development Officier, Nokia

Mary T. McDowell is Executive Vice President and Chief Development Officer leading the Corporate Development unit at Nokia. Mary is responsible for optimizing Nokia’s strategic capabilities and future growth potential, including key ecosystem relationships as part of Nokia’s commitment to open innovation and collaboration. In these capacities she oversees Corporate Strategy, Nokia Research Center, Corporate Alliances and Business Development, and Mobile Financial Services, as well as Forum Nokia & Developer Community and Compatibility & Industry Collaboration. She is also responsible for managing certain operational elements of the integrated company and in this role oversees Nokia IT. Mary is a member of the Nokia Group Executive Board, a position held since 2004. She is a frequent public speaker on topics including mobile and Internet industry convergence, open ecosystems, strategy leadership, and consumer centricity.

Mary joined Nokia in 2004 as Executive Vice President and General Manager of Enterprise Solutions, with responsibility for the development and go-to-market of Nokia’s range of enterprise products and solutions. These included Nokia Eseries mobile devices, mobility software, as well as security and mobile connectivity solutions. She was named of the 10 “Top Women in Wireless” in July 2008 by Fierce Wireless.

A 17-year veteran of HP-Compaq, Mary has a successful track record in building new business and is widely respected as an industry innovator. Prior to joining Nokia, Mary served for five years as Senior Vice President and General Manager of Industry-Standard Servers at Hewlett Packard and Compaq, a multi-billion dollar business and the world’s largest server franchise.

In this role, Mary had worldwide P&L responsibility for HP’s ProLiant server business, which held the number one position in a highly competitive market for over a decade. Previously she held a variety of senior management roles. She joined Compaq as a systems engineer in 1986. Mary holds a bachelor’s degree in computer science from the University of Illinois.

Professor Ron AdnerRon Adner is Associate Professor of Business Administration at the Tuck School of Business at Dartmouth College. Prior to joining Tuck, he was the Akzo-Nobel Fellow of Strategic Management and Associate Professor of Strategy and Management at INSEAD, where he served on the faculty for ten years.

Professor Adner’s research and teaching focus on innovation, strategy, and entrepreneurship. His work introduces a new perspective on the relationship between firms, customers, and the broader ‘innovation ecosystems’ in which they interact to create value.

His academic research has been published in Management Science, the Strategic Management Journal, the Rand Journal of Economics, the Academy of Management Review, Advances in Strategic Management, and in edited book chapters. His managerial articles have been published in the Harvard Business Review, the Sloan Management Review, the California Management Review, Forbes, and the Financial Times. Professor Adner is a speaker, consultant, and executive education instructor to companies around the world. He is an accomplished teacher and has won INSEAD’s Outstanding Teacher award five times (2000, 2002, 2003, 2004, 2005) for his MBA electives on innovation strategy. His pioneering HBR article “Match Your Innovation Strategy to Your Innovation Ecosystem” is assigned reading in over 40 global MBA programs.


Interview with Mary McDowell, EVP & CDO, Nokia

Interviewed by CDS Fellow, Daniel Hawkins T’10

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