About the client:
A leading industrial company in the field of communication, with more than $100 billion revenue with aggressive growth of some businesses. The company has changed its strategy and put an emphasis on innovation, and was (and still is) committed to change and adaptability, dedicated and eager to learn.
The client's mission was to be a constant growth engine ; Develop advanced R&D for emerging businesses ; Develop technologies in support of current business ; Create effective collaborations.
The project
The project approach included:
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As-Is Analysis / Benchmarking: Learn advanced practices while maintaining current strengths
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Mini workshops: Practice in pilot scale to test applicability
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To-Be Envisioning - Define process attributes for effectiveness and flexibility
We created new processes and simplified existing processes. Strategy, Plan, Funding, Goal and Measurement processes were improved.
To implement successfully, Phased approach and Accountability are critical with underlying Change Management activities.
Key Messages About Innovation Management
Innovation is about change
Innovation and Research are different from Development
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Managing Research as Development is counterproductive
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R is about learning, D is about performance, R should encourage “surprises†while D should be tied to a “specâ€
Organizations innovate successfully when:
People innovate successfully when they:
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Interact with the environment, and involved in diverse tasks
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Get autonomy, and rewards for learning and trying as well as for performance |