SlideShare a Scribd company logo
1 of 38
Download to read offline
IT-enabled Business    Colin Ashurst & Alison Freer
                                Innovation   8th July 2011

Friday, 8 July 2011
Workshop Objectives, to gain:

       • Insight into specific opportunities for business innovation
         to deliver benefits for your organisation

       • The ability to adopt practices that contribute to
         successful innovation

       • The opportunity to participate further in research project
         interviews.




Friday, 8 July 2011
Friday, 8 July 2011
Innovation is NOT just invention
Friday, 8 July 2011
Innovation = ideas successfully applied




Friday, 8 July 2011
Friday, 8 July 2011
How do we improve
       cash-flow?

       • Global IT services business


       • 40 countries


       • 90000 employees




Friday, 8 July 2011
How do we prioritise
       our R&D Investment?

       • Global business


       • Multiple suppliers with
         expertise


       • High competition


       • Time critical




Friday, 8 July 2011
How do we better
       exploit our IP?

       • Software services SME


       • Lots of expertise


       • Lots of ideas


       • Need to diversify




Friday, 8 July 2011
How do we manage
       employee expenses?

       • Large public body


       • 1000s employees


       • Multiple systems


       • New IT system most likely
         solution?




Friday, 8 July 2011
Innovation doesn’t come from the usual ‘busy few’
Friday, 8 July 2011
Ask the crowd - the ‘Pull’
Friday, 8 July 2011
Sponsorship and Commitment - the ‘Push’
Friday, 8 July 2011
How do we improve
       cash-flow?

       • What can we do with
         collaboration technology?


       • Piloted smaller scale innovation
         projects


       • Engaged people who weren’t
         the usual innovators


       • CEO sponsored Finance with 1
         challenge per year


       • On-line virtual campaign
         yielded $128M savings from
         ideas submitted

Friday, 8 July 2011
How do we maximise
       our R&D expertise?

       • Entrepreneurial leader, driven to
         capitalise on R&D expertise


       • Started small with a few R&D
         staff, some reticence as scope
         increased


       • Innovation Days with speakers
         from IBM etc


       • Won over hearts & minds


       • ‘Open Innovation’ campaign
         with 3rd party suppliers = 90
         new R&D ideas

Friday, 8 July 2011
How do we better
       exploit our IP?

       • Held a series of ‘FedEx days’
         to permit creativity and flesh
         out conceptual ideas


       • ‘Deep dive’ sessions with key
         clients and collaborators


       • Prioritised 2 new product
         development projects


       • 1 new product going to market
         in less than 6 months




Friday, 8 July 2011
How do we manage
       employee expenses?

       • IT paused to consider before
         saying ‘yes’ to the request


       • IT initiated a Benefits Planning
         Session


       • 20 people from around the
         organisation all experts in
         expenses admin


       • Decided refining other
         processes a bigger priority, no
         need to invest in expenses
         system



Friday, 8 July 2011
Ideation - the process of forming and relating ideas
Friday, 8 July 2011
Open Innovation

       • Innovation processes, enabled
         by technology


       • Collaborative - connecting the
         many


       • Everyone can see, comment
         and deepen ideas


       • Focused questions


       • Rapid campaigns and decision
         making



Friday, 8 July 2011
“ The limits to innovation in large
       organisations have nothing to do with
       creativity and nothing to do with
       technology. They have everything to do
       with management capability”.

                              Govindarajan and Trimble (2010)
                               Harvard Business School Press




Friday, 8 July 2011
Innovation Debate

       • What examples of (IT-enabled)
         Innovation can you identify
         from your own experience?


       • Describe the factors that
         ‘enabled’ the innovation to be
         successfully applied.


       • Describe the factors that got in
         the way


       • 1 point per post-it please.




Friday, 8 July 2011
Coffee Break




Friday, 8 July 2011
An Innovation Toolkit




Friday, 8 July 2011
Challenge: Develop innovative uses of technology
       & create customer demand to cross the ‘Chasm’

                      566.7&0.*'$     )&*+,$&-./0#*'$   )&*+,$(&1.*20,$   3&0#$(&1.*20,$   3&44&*-'$




                             !"#$%&'()*+',-'./01,./2'
                              +$'3".$--'+)/'")*-456'




                                             !"#$
                                            %"&'($
Friday, 8 July 2011
Innovation Tool #1: IT & Change Portfolio

                                 Strategic!             Exploratory!

        Transformational   critical to!            may be important!
        change / doing
                           achieving strategic !   in achieving future!
        new things!
                           objectives!             success!



          Improving
          the current      critical to existing    valuable but!
          business!        business                not critical to!
                           operations!             success!

                           Core Operations!            Support!


Friday, 8 July 2011
Innovation Tool #2: Technology Funnel




     From Innovating through IT by Joe Peppard
Friday, 8 July 2011
Innovation Tool #3: Phased Benefits Delivery
       (AGILE)




Friday, 8 July 2011
Innovation Tool #4: Benefits Planning
           Why do we want!
           improvement?!


           What improvement do!
           we want/could we get?!

             Where will the benefit       Can it be !                Can it be !          Can a financial !
             occur (for each benefit)?!   measured?!                 quantified?!          value be put on it?!

            Who is responsible for!
            its delivery?!

           What changes are!
           needed?!


           Who will be affected?!


           How & when can !
           changes be made?!
                                                        BENEFIT REALIZATION PLAN!


                                                               Benefits Delivery!
       Based on Benefits Management
                                                       Benefits Review: Benefits Achieved? !
       (2006) Ward and Daniel!
                                                       More Benefits Possible? Further Actions?!


Friday, 8 July 2011
Innovation Tool #5:
       Design-led Approach

       •Vision & Ideation

       •Observation

       •Prototyping




Friday, 8 July 2011
Innovation Tool #6: Design Showcase
Friday, 8 July 2011
Innovation Tool #7:
       Open Innovation

       • IBM ‘Idea Jam’


       • 104 countries: employees,
         universities, customers..


       • 40,000 ideas


       • 10 new business ventures


       • $70M investment


       • $300M new revenue in 2 years




Friday, 8 July 2011
Innovation Tool #8:
       Big Chief Innovator

       • Idea Portfolio Manager


       • Chief Growth Officer


       • Chief Acceleration Officer


       • Chief Inspiration Officer


       • Chief Imagination Officer


       • Chief Detonator


       • Chief Lizard Wrangler


Friday, 8 July 2011
Innovation Tool #9:
       Personality Mix
       • Anthropologists

       • Experimenters

       • Cross-Polinators

       • Hurdlers

       • Collaborators

       • Directors

       • Experience Architects

       • Set Designers

       • Care-givers
                            The Ten Faces of Innovation,
       • Storytellers                 Tom Kelley (2007)
Friday, 8 July 2011
Innovation Tool #10: Collaboration Technologies
Friday, 8 July 2011
‘Step Back’ Activity

       • In your table group identify 1
         innovation opportunity that
         exists for one of your
         organisations


       • One person explains the
         scenario to the group (1 minute)


       • Rest of group generates as
         many options and innovation
         tools as possible - whilst
         originator listens. (10 minutes)


       • Originator gives their reaction &
         feedback.

Friday, 8 July 2011
Next Steps.........

Friday, 8 July 2011
Ideas Successfully Applied....

       • What are the priorities for the research

       • Take part in the research - innovations stories from
         your organisations

       • Engage in the debate and innovate together -
         Innovation Forum?




Friday, 8 July 2011
Contacts
       colin.ashurst@durham.ac.uk
       alison@leadandtransformit.com

       www.leadandtransformit.com

       Photography credits:
       www.redboatcreative.com
       Google Images




Friday, 8 July 2011

More Related Content

What's hot

Scott anthony may 2010 the black box, cracked
Scott anthony may 2010 the black box, crackedScott anthony may 2010 the black box, cracked
Scott anthony may 2010 the black box, cracked
bizalum
 
Neo4j Innovation Lab - Accelerate Innovation through Graph Thinking
Neo4j Innovation Lab - Accelerate Innovation through Graph ThinkingNeo4j Innovation Lab - Accelerate Innovation through Graph Thinking
Neo4j Innovation Lab - Accelerate Innovation through Graph Thinking
Neo4j
 

What's hot (14)

Applying Innovation in Software Development
Applying Innovation in Software DevelopmentApplying Innovation in Software Development
Applying Innovation in Software Development
 
Scott anthony may 2010 the black box, cracked
Scott anthony may 2010 the black box, crackedScott anthony may 2010 the black box, cracked
Scott anthony may 2010 the black box, cracked
 
The Technology is the Easy Part - APTA 2010 Annual Meeting
The Technology is the Easy Part - APTA 2010 Annual MeetingThe Technology is the Easy Part - APTA 2010 Annual Meeting
The Technology is the Easy Part - APTA 2010 Annual Meeting
 
The Importance of Innovation for SMEs
The Importance of Innovation for SMEsThe Importance of Innovation for SMEs
The Importance of Innovation for SMEs
 
Npd 2 0 Product Camp
Npd 2 0 Product CampNpd 2 0 Product Camp
Npd 2 0 Product Camp
 
Updated: You Have An Idea ... Do You Have A Business?
Updated: You Have An Idea ...  Do You Have A Business?Updated: You Have An Idea ...  Do You Have A Business?
Updated: You Have An Idea ... Do You Have A Business?
 
How Companies Innovate
How Companies InnovateHow Companies Innovate
How Companies Innovate
 
A User's Perspective: Innovating Smarter with Invention Machine Goldfire
A User's Perspective: Innovating Smarter with Invention Machine GoldfireA User's Perspective: Innovating Smarter with Invention Machine Goldfire
A User's Perspective: Innovating Smarter with Invention Machine Goldfire
 
Innovation workshop
Innovation workshopInnovation workshop
Innovation workshop
 
Open innovationintuit npuc
Open innovationintuit npucOpen innovationintuit npuc
Open innovationintuit npuc
 
Neo4j Innovation Lab - Accelerate Innovation through Graph Thinking
Neo4j Innovation Lab - Accelerate Innovation through Graph ThinkingNeo4j Innovation Lab - Accelerate Innovation through Graph Thinking
Neo4j Innovation Lab - Accelerate Innovation through Graph Thinking
 
The First Mile Overview
The First Mile OverviewThe First Mile Overview
The First Mile Overview
 
8 steps to innovation: in action
8 steps to innovation: in action8 steps to innovation: in action
8 steps to innovation: in action
 
SIT - Innovation Consulting - Methodology
SIT - Innovation Consulting - MethodologySIT - Innovation Consulting - Methodology
SIT - Innovation Consulting - Methodology
 

Similar to IT-enabled Business Innovation Workshop 8 July 2011

Innovation management speaker notes
Innovation management speaker notesInnovation management speaker notes
Innovation management speaker notes
Jean Pаoli
 
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
Alan McSweeney
 
Practical ideas for innovation
Practical ideas for innovationPractical ideas for innovation
Practical ideas for innovation
Stan Garfield
 
Leading the Way to Innovation Success
Leading the Way to Innovation SuccessLeading the Way to Innovation Success
Leading the Way to Innovation Success
Tarun Khurana
 
Transforming Innovative Products Into Profit
Transforming Innovative Products Into ProfitTransforming Innovative Products Into Profit
Transforming Innovative Products Into Profit
AIPMM Administration
 
LeanLaunchPad @ Singapore - NUS Enterprise
LeanLaunchPad @ Singapore - NUS EnterpriseLeanLaunchPad @ Singapore - NUS Enterprise
LeanLaunchPad @ Singapore - NUS Enterprise
joserojasnus
 
Fostering innovation in mature enterprises
Fostering innovation in mature enterprisesFostering innovation in mature enterprises
Fostering innovation in mature enterprises
Dave Litwiller
 

Similar to IT-enabled Business Innovation Workshop 8 July 2011 (20)

Innovation management speaker notes
Innovation management speaker notesInnovation management speaker notes
Innovation management speaker notes
 
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
The I Word: Moving Innovation from Research and Development (R&D) to Ideation...
 
Practical ideas for innovation
Practical ideas for innovationPractical ideas for innovation
Practical ideas for innovation
 
How to Establish and Sustain a Culture of Product Innovation
How to Establish and Sustain a Culture of Product InnovationHow to Establish and Sustain a Culture of Product Innovation
How to Establish and Sustain a Culture of Product Innovation
 
Leading the Way to Innovation Success
Leading the Way to Innovation SuccessLeading the Way to Innovation Success
Leading the Way to Innovation Success
 
Innovation 1 nroi
Innovation 1   nroiInnovation 1   nroi
Innovation 1 nroi
 
Leadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul SloaneLeadership of Open Innovation by Paul Sloane
Leadership of Open Innovation by Paul Sloane
 
Validating business ideas through design
Validating business ideas through designValidating business ideas through design
Validating business ideas through design
 
F in es_pp_template-v1 we2
F in es_pp_template-v1 we2F in es_pp_template-v1 we2
F in es_pp_template-v1 we2
 
Lean Startup in the Enterprise
Lean Startup in the EnterpriseLean Startup in the Enterprise
Lean Startup in the Enterprise
 
Human Factor in Project Management
Human Factor in Project Management Human Factor in Project Management
Human Factor in Project Management
 
Transforming Innovative Products Into Profit
Transforming Innovative Products Into ProfitTransforming Innovative Products Into Profit
Transforming Innovative Products Into Profit
 
Google vs Apple
Google vs AppleGoogle vs Apple
Google vs Apple
 
Enabling Innovation: A Strength In Any Economy
Enabling Innovation: A Strength In Any EconomyEnabling Innovation: A Strength In Any Economy
Enabling Innovation: A Strength In Any Economy
 
LeanLaunchPad @ Singapore - NUS Enterprise
LeanLaunchPad @ Singapore - NUS EnterpriseLeanLaunchPad @ Singapore - NUS Enterprise
LeanLaunchPad @ Singapore - NUS Enterprise
 
Opportunity Space at the innogy innovation hub
Opportunity Space at the innogy innovation hub           Opportunity Space at the innogy innovation hub
Opportunity Space at the innogy innovation hub
 
Fostering innovation in mature enterprises
Fostering innovation in mature enterprisesFostering innovation in mature enterprises
Fostering innovation in mature enterprises
 
Matt Howell Teams, Process and Structure | MDW August 2011
Matt Howell Teams, Process and Structure | MDW August 2011Matt Howell Teams, Process and Structure | MDW August 2011
Matt Howell Teams, Process and Structure | MDW August 2011
 
INNOVATION MANAGEMENT.pdf
INNOVATION MANAGEMENT.pdfINNOVATION MANAGEMENT.pdf
INNOVATION MANAGEMENT.pdf
 
Pets: Spectacular Digital Failure or Model for Strategic Innovation
Pets: Spectacular Digital Failure or Model for Strategic InnovationPets: Spectacular Digital Failure or Model for Strategic Innovation
Pets: Spectacular Digital Failure or Model for Strategic Innovation
 

More from Lead & Transform (7)

Competing with IT 15 March 13
Competing with IT 15 March 13Competing with IT 15 March 13
Competing with IT 15 March 13
 
BCS Elite Leeds - Leading IT-enabled Innovation 23 March 2012
BCS Elite Leeds - Leading IT-enabled Innovation 23 March 2012BCS Elite Leeds - Leading IT-enabled Innovation 23 March 2012
BCS Elite Leeds - Leading IT-enabled Innovation 23 March 2012
 
IT enabled innovation for ne change-mgt 27 feb 12
IT enabled innovation for ne change-mgt 27 feb 12IT enabled innovation for ne change-mgt 27 feb 12
IT enabled innovation for ne change-mgt 27 feb 12
 
Bcs elite leeds kowledge worker presentation 3 nov 2011
Bcs elite leeds kowledge worker presentation 3 nov 2011Bcs elite leeds kowledge worker presentation 3 nov 2011
Bcs elite leeds kowledge worker presentation 3 nov 2011
 
Knowledge worker productivity
Knowledge worker productivityKnowledge worker productivity
Knowledge worker productivity
 
Attention Deficit Survey Summary 15 June 2010
Attention Deficit Survey Summary 15 June 2010Attention Deficit Survey Summary 15 June 2010
Attention Deficit Survey Summary 15 June 2010
 
Lead & Transform Presentation to SOCITM NE 23 April 2010
Lead & Transform Presentation to SOCITM NE 23 April 2010Lead & Transform Presentation to SOCITM NE 23 April 2010
Lead & Transform Presentation to SOCITM NE 23 April 2010
 

Recently uploaded

+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
?#DUbAI#??##{{(☎️+971_581248768%)**%*]'#abortion pills for sale in dubai@
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
WSO2
 

Recently uploaded (20)

MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
 
Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)Introduction to Multilingual Retrieval Augmented Generation (RAG)
Introduction to Multilingual Retrieval Augmented Generation (RAG)
 
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHA...
 
Strategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a FresherStrategies for Landing an Oracle DBA Job as a Fresher
Strategies for Landing an Oracle DBA Job as a Fresher
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Platformless Horizons for Digital Adaptability
Platformless Horizons for Digital AdaptabilityPlatformless Horizons for Digital Adaptability
Platformless Horizons for Digital Adaptability
 
Six Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal OntologySix Myths about Ontologies: The Basics of Formal Ontology
Six Myths about Ontologies: The Basics of Formal Ontology
 
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
Navigating the Deluge_ Dubai Floods and the Resilience of Dubai International...
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 AmsterdamDEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
DEV meet-up UiPath Document Understanding May 7 2024 Amsterdam
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
 
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
Apidays New York 2024 - Passkeys: Developing APIs to enable passwordless auth...
 
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
Apidays New York 2024 - APIs in 2030: The Risk of Technological Sleepwalk by ...
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdfRising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
Rising Above_ Dubai Floods and the Fortitude of Dubai International Airport.pdf
 
Corporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptxCorporate and higher education May webinar.pptx
Corporate and higher education May webinar.pptx
 

IT-enabled Business Innovation Workshop 8 July 2011

  • 1. IT-enabled Business Colin Ashurst & Alison Freer Innovation 8th July 2011 Friday, 8 July 2011
  • 2. Workshop Objectives, to gain: • Insight into specific opportunities for business innovation to deliver benefits for your organisation • The ability to adopt practices that contribute to successful innovation • The opportunity to participate further in research project interviews. Friday, 8 July 2011
  • 4. Innovation is NOT just invention Friday, 8 July 2011
  • 5. Innovation = ideas successfully applied Friday, 8 July 2011
  • 7. How do we improve cash-flow? • Global IT services business • 40 countries • 90000 employees Friday, 8 July 2011
  • 8. How do we prioritise our R&D Investment? • Global business • Multiple suppliers with expertise • High competition • Time critical Friday, 8 July 2011
  • 9. How do we better exploit our IP? • Software services SME • Lots of expertise • Lots of ideas • Need to diversify Friday, 8 July 2011
  • 10. How do we manage employee expenses? • Large public body • 1000s employees • Multiple systems • New IT system most likely solution? Friday, 8 July 2011
  • 11. Innovation doesn’t come from the usual ‘busy few’ Friday, 8 July 2011
  • 12. Ask the crowd - the ‘Pull’ Friday, 8 July 2011
  • 13. Sponsorship and Commitment - the ‘Push’ Friday, 8 July 2011
  • 14. How do we improve cash-flow? • What can we do with collaboration technology? • Piloted smaller scale innovation projects • Engaged people who weren’t the usual innovators • CEO sponsored Finance with 1 challenge per year • On-line virtual campaign yielded $128M savings from ideas submitted Friday, 8 July 2011
  • 15. How do we maximise our R&D expertise? • Entrepreneurial leader, driven to capitalise on R&D expertise • Started small with a few R&D staff, some reticence as scope increased • Innovation Days with speakers from IBM etc • Won over hearts & minds • ‘Open Innovation’ campaign with 3rd party suppliers = 90 new R&D ideas Friday, 8 July 2011
  • 16. How do we better exploit our IP? • Held a series of ‘FedEx days’ to permit creativity and flesh out conceptual ideas • ‘Deep dive’ sessions with key clients and collaborators • Prioritised 2 new product development projects • 1 new product going to market in less than 6 months Friday, 8 July 2011
  • 17. How do we manage employee expenses? • IT paused to consider before saying ‘yes’ to the request • IT initiated a Benefits Planning Session • 20 people from around the organisation all experts in expenses admin • Decided refining other processes a bigger priority, no need to invest in expenses system Friday, 8 July 2011
  • 18. Ideation - the process of forming and relating ideas Friday, 8 July 2011
  • 19. Open Innovation • Innovation processes, enabled by technology • Collaborative - connecting the many • Everyone can see, comment and deepen ideas • Focused questions • Rapid campaigns and decision making Friday, 8 July 2011
  • 20. “ The limits to innovation in large organisations have nothing to do with creativity and nothing to do with technology. They have everything to do with management capability”. Govindarajan and Trimble (2010) Harvard Business School Press Friday, 8 July 2011
  • 21. Innovation Debate • What examples of (IT-enabled) Innovation can you identify from your own experience? • Describe the factors that ‘enabled’ the innovation to be successfully applied. • Describe the factors that got in the way • 1 point per post-it please. Friday, 8 July 2011
  • 24. Challenge: Develop innovative uses of technology & create customer demand to cross the ‘Chasm’ 566.7&0.*'$ )&*+,$&-./0#*'$ )&*+,$(&1.*20,$ 3&0#$(&1.*20,$ 3&44&*-'$ !"#$%&'()*+',-'./01,./2' +$'3".$--'+)/'")*-456' !"#$ %"&'($ Friday, 8 July 2011
  • 25. Innovation Tool #1: IT & Change Portfolio Strategic! Exploratory! Transformational critical to! may be important! change / doing achieving strategic ! in achieving future! new things! objectives! success! Improving the current critical to existing valuable but! business! business not critical to! operations! success! Core Operations! Support! Friday, 8 July 2011
  • 26. Innovation Tool #2: Technology Funnel From Innovating through IT by Joe Peppard Friday, 8 July 2011
  • 27. Innovation Tool #3: Phased Benefits Delivery (AGILE) Friday, 8 July 2011
  • 28. Innovation Tool #4: Benefits Planning Why do we want! improvement?! What improvement do! we want/could we get?! Where will the benefit Can it be ! Can it be ! Can a financial ! occur (for each benefit)?! measured?! quantified?! value be put on it?! Who is responsible for! its delivery?! What changes are! needed?! Who will be affected?! How & when can ! changes be made?! BENEFIT REALIZATION PLAN! Benefits Delivery! Based on Benefits Management Benefits Review: Benefits Achieved? ! (2006) Ward and Daniel! More Benefits Possible? Further Actions?! Friday, 8 July 2011
  • 29. Innovation Tool #5: Design-led Approach •Vision & Ideation •Observation •Prototyping Friday, 8 July 2011
  • 30. Innovation Tool #6: Design Showcase Friday, 8 July 2011
  • 31. Innovation Tool #7: Open Innovation • IBM ‘Idea Jam’ • 104 countries: employees, universities, customers.. • 40,000 ideas • 10 new business ventures • $70M investment • $300M new revenue in 2 years Friday, 8 July 2011
  • 32. Innovation Tool #8: Big Chief Innovator • Idea Portfolio Manager • Chief Growth Officer • Chief Acceleration Officer • Chief Inspiration Officer • Chief Imagination Officer • Chief Detonator • Chief Lizard Wrangler Friday, 8 July 2011
  • 33. Innovation Tool #9: Personality Mix • Anthropologists • Experimenters • Cross-Polinators • Hurdlers • Collaborators • Directors • Experience Architects • Set Designers • Care-givers The Ten Faces of Innovation, • Storytellers Tom Kelley (2007) Friday, 8 July 2011
  • 34. Innovation Tool #10: Collaboration Technologies Friday, 8 July 2011
  • 35. ‘Step Back’ Activity • In your table group identify 1 innovation opportunity that exists for one of your organisations • One person explains the scenario to the group (1 minute) • Rest of group generates as many options and innovation tools as possible - whilst originator listens. (10 minutes) • Originator gives their reaction & feedback. Friday, 8 July 2011
  • 37. Ideas Successfully Applied.... • What are the priorities for the research • Take part in the research - innovations stories from your organisations • Engage in the debate and innovate together - Innovation Forum? Friday, 8 July 2011
  • 38. Contacts colin.ashurst@durham.ac.uk alison@leadandtransformit.com www.leadandtransformit.com Photography credits: www.redboatcreative.com Google Images Friday, 8 July 2011