Netcetera Innovation Summit 2016: The Past 12 Months - What's New & Exciting
What's Open Innovation and Induct?
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INDUCT – THE OPEN INNOVATION COMPANY Let’s innovate!
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Transcript of What's Open Innovation and Induct?
INDUCT – THE OPEN INNOVATION COMPANY
Let’s innovate!
90% of CEO’s at international leading companies think innovation is a key success factor for the
future of their organizations.
+66% of CEO’s at the most innovative international companies consider idea generation the easiest part
of the innovation process.
20% of Spanish companies actually do some kind of innovation.
READY FOR THIS JOURNEY?
© 2013 INDUCT SEA
• Vision: to spread the innovation movement all over the world
• Mission: to become the main allied for organizations in the public and private sector in their process to become more innovative
• Unique value: Inducts provides the only extreme-to-extreme open innovation platform supported by Dr. Henry Chesbrough. Through the platform, we are able to build the innovation capabilities within companies and create sectorial innovation hubs
• Born in 2007, Induct is an international leading
company developing innovation initiatives all over
the world
• International branches: Oslo (Noruega), Boston
(USA), Beijing (China), Bangalore (India), Berlin
(Germany), London (UK), Sao Paulo (Brazil ) &
Barcelona (Spain)
INDUCT
© 2013 INDUCT SEA
“Open innovation is the intentional use of both the internal and external knowledge in order to speed up innovation and expand markets. This implies that organiaztions must use internal and external ideas, teams, and insights, in order to make innovation happen.”
Henry Chesbrough (“Open Innovation: the new imperative”), Dean at the Haas Business
School at Berkeley, and President at Induct¡’s Counceling Commitee.
OPEN INNOVATION
Open Innovation is a CO-spirit process! © 2013 INDUCT SEA
© 2013 INDUCT SEA
OI SAAS
Challenges. Ideas. Projects. Impulses. Groups. Innovation library. Innovation processes.
FLAGSHIP PROJECTS
Challenge Stimulate world leading specialists Prioritize applications with conditions and potentials Enable collaboration between specialist environments
Solution Research Proposal Campaigns Online ranking/review by selected groups of specialists Advanced search technology to stimulate learning
Results Number of applications increased more than 50% Bug-free technical implementation High customer satisfaction among gatekeepers & users
Process In January 2011, CIMIT announced a call for
FY2012 pre-proposals in its Innovation Grant program
Over 300 multidisciplinary teams responded,
a 50 percent increase over last year
One hundred fifty-five pre-proposals have been selected to advance
to the full proposal stage and compete for CIMIT Innovation Grants
of up to $100,000
http://www.cimit.org/news/Record-Number-FY2012-CIMIT-
Innovation-Preproposals.html
«The overall general feedback is very positive.
They find it easy to use, best yet!»
Diane S. Spiliotis, CFO/CIO, CIMIT
Actual Standard of Care
Impact (Disseminate)
Challenges & Needs
Insight
Prototypes
Innovate
Products/ Services
Implement
Best Practices
Ideas & Opportunities
Invent &
Find
Enabling Technologies
Work- groups
Proposal Process
Funding Finder
CIMIT Connector
Impact Planner
Clinical Impact
Dashboard
Best Practice Curator
Ideas & Challenges
© 2013 INDUCT SEA
HEALTHCARE
NHS Innovations London Stimulates Innovation in Health Service Through New Offering
Oslo University Hospital Proposes Open Healthcare Innovation Zone to Include All Stakeholders
Helping Norway, Sweden, and Denmark Form EU-Funded Open Healthcare Innovation Zone
187.000 employees and collaborators
Innovation network with Bangalore
First implementation in Spain, other will come soon
© 2013 INDUCT SEA
© 2013 INDUCT SEA
INNOVATION AT WORK
The Innovation ecosystem
Strategy
Goals
Structure Governance
Benefits
Indicators Culture
1. Encourage
2. Manage
4. Reward
3. Measure
1. ENCOURAGE
• Generate awareness • Create and show the management’s commitment (online &
offline communications) • Create participation opportunities (make it easy to generate
ideas) • Motivate (not only the 10% of natural innovators) • Involve innovation champions: employees, customers,
wholesalers, etc. • Set up a culture of innovation
1. Encourage
“The more visionary CEOs understand that innovation is as much about purpose and culture.”
Michael van Hove, Strategos
© 2013 INDUCT SEA
© 2013 INDUCT SEA
2. MANAGE
• Define your Innovation types (challenges, ideas, proposals, groups) • Define stages and tasks • Manage your end-to-end innovation processes • Set up your innovation organization and teams • Collaborate • Design a calendar • Decide which are your ideas evaluation criteria • Follow your innovation Innovation funnel
2. Manage
“The limits to innovation have nothing to do with technology or creativity. It’s all about management capability” Ray Sata, CEO at Analog Devices
3. MEASURE
• Define innovation kpi’s • Create stage and process scorecards to filter ideas and take
better decisions • Learning process based on results • Improvement your innovation processes whenever is
needed
3. Measure
“Innovation is ultimately about Return on Investment” Robert Brands, Innovation coach
© 2013 INDUCT SEA
4. REWARD
• Celebration • Professional recognition • Remuneration on objectives • Talent detection • Career development based on “innovativeness”
4. Reward
“Many workplaces are enclaves of aiding and abetting immature, disrespectful, even harmful behavior.” Deborah Mills, Mills - Scolfield
© 2013 INDUCT SEA
INNOVATION ROAD MAP
The Innovation ecosystem
Strategy
Goals
Structure Governance
Benefits
Indicators Culture Open Innovation
Communities
Businesses
1. Design your innovation framework
2. Set up your OI platform
3. Manage your communities
© 2013 INDUCT SEA
WELCOME ABOARD
The new leadership requirements:
Openness
Standards
Collaboration
These three elements are key to your company’s long-term strategy and road-map to success.
© 2013 INDUCT SEA
LET’S STAY IN TOUCH
© 2013 INDUCT SEA
Encourage. Manage. Measure. Reward.
Joan Ras Mob:+34 654 56 60 01
Ignasi Clos Mob : +34 659 55 14 01
Alf Martin Johansen Mob: +47 90 17 94 35
www.inductsoftware.com
INDUCT – THE OPEN INNOVATION COMPANY
Let’s innovate!
