The Innovative Workforce
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What do Stanley Black & Decker, Newell Rubbermaid and Intel have in common? They all are cooking up a new recipe for innovation, one of the highest priorities for executives today and an area where workforce leaders often struggle. Join us for a webinar on how to foster innovation in the workforce. Three experts talk about new approaches to creativity: Hal Gregersen, professor of Innovation and Leadership at INSEAD and co-author of The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators. Todd Henneman, freelance writer and author of a recent Workforce cover story about innovation in the workforce. Ed Frauenheim, senior editor at Workforce and co-author of a forthcoming book about innovation strategy in America. You’ll hear stories about companies on the cutting-edge, and we’ll share results from our exclusive research on the most effective strategies for cultivating creativity.
Transcript of The Innovative Workforce
You can listen to today’s webinar using your computer’s speakers or you may dial into the teleconference.
If you would like to join the teleconference, please dial 1.650.479.3208 and enter access code: 923 826 592 #.
You will be on hold until the seminar begins.
Speakers: Hal GregersenProfessor of Innovation and LeadershipINSEAD
Todd HennemanFreelance WriterWorkforce
Moderator: Ed FrauenheimSenior EditorWorkforce
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1. Will I receive a copy of the slides after the webinar?YES
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Please allow up to 2 business days to receive these materials.
Speakers
• Ed Frauenheim, author and senior editor, Workforce
• Todd Henneman, writer and author of Workforce cover story on Innovation
• Hal Gregersen, INSEAD professor and co‐author of The Innovator’s DNA
Agenda
• The Context: Innovation’s Importance
• The Innovator’s DNA
• Best Practices
• Our Research on the Innovative Workforce
• Q&A
Innovation Matters to CEOs
• #3 CEO Challenge in 2013
• #1 Challenge in 2012
Source: The Conference Board CEO Challenge® 2013
Innovation Matters Less to Workforce Leaders
Source: 2012 Workforce survey involving 1,018 respondents
But They Are Getting the Message
Source: 2012 Workforce survey involving 1,018 respondents
Innovation Anxiety
• 4 in 10 organizations see themselves as ineffective at fostering innovation
Source: 2012 Workforce survey involving 1,018 respondents
TheInnovator’sDNA
HAL GREGERSENINSEADThe Business School for the WorldTwitter: @halgregersen
Mastering the Five Skills of Disruptive Innovators
fivediscovery
skills
CatalyticQuestioning
Start with
Observing
Networking
Experimenting
Get to work with
DeepObserving
new ideaNetworking
Not like me
Profession or Education
Organization function
Organization
Industry
Gender
Age
Nationality
Political group
Religious group
Socio‐economic group
Marc BenioffFounder and CEO, Salesforce.com
ActiveExperimenting
Try out new experiences
Take apartproductsprocessesideas
Mir ImranChairman & CEO, InCube Labs and InCube Ventures
Test ideas
rapid pilotsrapid prototypes
AssociationalThinking
Finish with
Steve Jobs
“Creativity is connecting things.”
iPod
Help Wanted Ads
Help Wanted Ads
360 degree feedback
Help Wanted Ads
360 degree feedback
fivediscovery
skills
Everyone has more
creative capacity
than they think.
act different(ly)
think different(ly)
make a difference
the project
Best Practices for Innovation
Today’s formula
• Define innovation
• Communicate strategy
• Nurture trust
• Broaden perspectives
• Tap technology
• Embrace failure
• Reward collaboration
• Look at a lab: Xylem Inc.
Define Innovation
Communicate the strategy
Nurture trust
Broaden perspectives
Tap technology
Embrace failure
Reward collaboration
Case: Rise of Xylem’s innovation lab
Workforce Research on Workforce Innovation
Employees Are Key to Creativity
Source: 2012 Workforce survey involving 1,018 respondents
The Most Effective Strategies
CollaborationAutonomyExpertiseTechnology
Source: 2012 Workforce survey involving 1,018 respondents
The Mismatch
Many Employers Don’t Provide Autonomy
Source: 2012 Workforce survey involving 1,018 respondents
Innovation Often Isn’t Measured
Source: 2012 Workforce survey involving 1,018 respondents
Your Questions
Thank You!
Ed Frauenheim
@edfrauenheim
Workforce package on Innovation:
http://www.workforce.com/section/innovation
Join Our Next Workforce Webinar The Social Software and Business Value:
The Case for Talent Acquisition
Wednesday, April 3, 2013WorkforceWebinars start at 2 p.m. Eastern / 11 a.m.
Pacific
Register for upcoming Workforce Webinars at www.workforce.com
