The Stealth Advantage: Unleashing Innovation in Large Organizations with Networks

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Information about The Stealth Advantage: Unleashing Innovation in Large Organizations with...
Business

Published on April 28, 2014

Author: lfsolis

Source: slideshare.net

Description

Innovation advantage is getting harder to achieve. In a global hyper-change environment, CEO's and CINO's (Chief Innovation Officers) are beginning to tap the immense power of people networks inside and outside the enterprise. Deliberate efforts are required. Based on a rich foundation of case materials, the speaker shares lessons, tools and suggested practices for early success.

© Imaginatik plc 2014 |www.imaginatik.com The Stealth Advantage: Your Innovation NETWORK Luis Solis, President – N.A. @innoalchemist Unleashing Innovation Summit NYC March 27, 2014

2 © Imaginatik plc 2014 |www.imaginatik.com ① Networks ② Networks @ Work ③ The Benefits Case ④ Getting Started ① A Word from Your Sponsor Our Agenda Today

3 © Imaginatik plc 2014 |www.imaginatik.com We’ve help large organizations build sustainable innovation discipline since 1998 Our Innovation Central enterprise software platform provides scale, transparency, and data intelligence for your innovation program. Our Innovation Advisors consulting practice provides expertise, methods, and tangible results for your innovation program. We ENABLE Innovation Excellence

4 © Imaginatik plc 2014 |www.imaginatik.com Unleashing Innovation NETWORKS for Giants

5 © Imaginatik plc 2014 |www.imaginatik.com Innovation Programs Imaginatik works with clients to build Innovation Programs that unlock new levels of innovation maturity. Innovation Maturity Framework

6 © Imaginatik plc 2014 |www.imaginatik.com Thank You LINKEDIN

© Imaginatik plc 2014 |www.imaginatik.com

8 © Imaginatik plc 2014 |www.imaginatik.com Relentless Search for Innovation Talent

9 © Imaginatik plc 2014 |www.imaginatik.com Links participants, while maintaining their uniqueness and collaborative autonomy such that knowledge can evolve as networks grow, with potential for emergent, unpredictable patterns and innovative outcomes. Definition: An Innovation Network Source: webtank.org

10 © Imaginatik plc 2014 |www.imaginatik.com What would happen IF…

11 © Imaginatik plc 2014 |www.imaginatik.com Fuzzy Front End in Context Uncertainty Focus • persistence • collaboration • diversity • cross-fertilization Discovery Design Delivery

12 © Imaginatik plc 2014 |www.imaginatik.com Power of Innovation Networks

13 © Imaginatik plc 2014 |www.imaginatik.com • Situation: global energy firm seeks disruptive outcomes from risk-averse, highly siloed organization • Solution: intentionally facilitate a “safe” network for 600 scientists and engineers  Excluded managers  Monitored/rewarded new relationships  Celebrated collaboration  Earmarked innovation time • Outcomes:  71% of engaged innovators made new connections  5 robust solutions advanced to planning Case A: Safe Harbor

14 © Imaginatik plc 2014 |www.imaginatik.com • Situation: multi-national heavy equipment manufacturer doubles-down on velocity, adaptability and efficiency via “diversity” • Solution: fuel formation of 1,000 innovator network from ethnography, marketing, technology, R&D, production and engineering to amplify funnel & outcomes • Outcomes: while in progress, “diversity” plus an innovation network structure appear to offer  Cycle time compression (up to 50%)  Lower cost of failure (perhaps up to 75%) Case B: Forcing Innovation Diversity

15 © Imaginatik plc 2014 |www.imaginatik.com Benefit Case Networksopen up conversations. They create opportunity for hundreds or thousands of actors to meet, seek, engage & contribute.

16 © Imaginatik plc 2014 |www.imaginatik.com How To Harness Networks Declare Project Teams as Insufficient Decide Upon A Strategic Capability Develop Collaborative Mindsets Demand “Diversity”/ Defy Hierarchy Deploy Platform & Rewards

17 © Imaginatik plc 2014 |www.imaginatik.com A Safe Space for ALL Innovator Types Diversity Defined Collaborator Builder Creator Observer Evaluator

18 © Imaginatik plc 2014 |www.imaginatik.com Visualize & Develop Your Innovation Network

19 © Imaginatik plc 2014 |www.imaginatik.com We help large organizations build sustainable innovation discipline. Our Innovation Central enterprise software platform provides scale, transparency, and data intelligence for your innovation program. Our Innovation Advisors consulting practice provides expertise, methods, and tangible results for your innovation program. We ENABLE Innovation Excellence

20 © Imaginatik plc 2014 |www.imaginatik.com Innovation Programs Imaginatik works with clients to build Innovation Programs that unlock new levels of innovation maturity. Innovation Maturity Framework

21 © Imaginatik plc 2014 |www.imaginatik.com Innovation Central Imaginatik’s enterprise software platform powers the innovation lifecycle, from inspiration to tangible outcomes

22 © Imaginatik plc 2014 |www.imaginatik.com Recap: How To Unleash Talent With Networks Stop The Hide and Seek Networks = Freedom and Speed TurbochargeCollaboration Master Diversity

23 © Imaginatik plc 2014 |www.imaginatik.com Imaginatik plc The Sustainable Innovation Capability Company

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