Morgenbooster innovation and sustainability - are they connected
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Morgenbooster innovation and sustainability - are they connected
- 1. Innovation and Sustainability 2019 Findings – Innovation Made Tangible1508™
- 2. How Innovation and Sustainability are related. How you can improve your own practice. 1508™
- 3. Maria Juel Kähler Thomas Busk Speakers 1508™
- 4. Why Innovation & Sustainability together? 1508™
- 5. Introduction How well are companies doing at building their innovation capabilities. Visit InnovationMadeTangible.com for more details 1508™
- 6. 01 02 by 1508 What is Class Leading Innovation all about? 1508™
- 8. Two important dynamics 1. Strategy & Management level 2. Practice level 1508™
- 9. How well is your company doing? 1508™
- 10. What is the innovation maturity in this room? 3 questions 2 pollev.com/strongisland550 3 Type your name or skip submit 4 Wait for questions 1 Grab Phone 1508™
- 11. z
- 14. So how far has companies come since last year? 1508™
- 15. The appetite for innovation is increasing 1508™
- 17. But if you scratch through the surface of the bubble however, you will find that the internal parts of the organizations are still a long way from being truly innovative. 1508™
- 19. Executives – Management – Practitioners
- 20. Put your money where your mouth is 1508™
- 21. 0 2 4 6 3,02 2,19 2,79 4,33 3,4 3,83 INNOV PRAC ATION TICE INNOV STRA ATION TEGY INNOV MANAG ATION EMENT >6%>6%>6% <6%<6%<6% Average scores and % budget spent on innovation
- 22. 0 2 4 6 Capabilities Change Management 2,77 2,92 3,82 4,01 >6%>6% <6%<6% Average scores and % budget spent on innovation
- 23. Embrace failure, and teach your employees to do the same 1508™
- 24. 0 2 4 6 2,1 3,7 <6%>6% Failure celebrated as learning
- 25. So how is innovation and sustainability related? 1508™
- 26. My company has taken action to implement SDGs
- 27. Top 5 1508™
- 30. Innovation Strategy Innovation Management Innovation Practice Capabilitites Change Management 0 2 4 6 4,2 3,7 3,9 3,8 4,1 3,4 2,8 3,1 2,8 3,1 Has taken action on SDGs Has not taken action on SDGs Innovation and sustainability
- 31. Organizations that were leaders in innovation were also leaders in sustainability. 1508™
- 33. A few different perspectives on the love story 1508™
- 34. Innovation and Sustainability are connected because it requires the same type of ambition. 1508™
- 35. Innovation and Sustainability are connected because it requires the same mindset. 1508™
- 36. Innovation and Sustainability are connected because it requires the same type of leadership. 1508™
- 37. Both Innovation and Sustainability requires active change leadership 1508™
- 38. How can you as a leader step up and accelerate your company’s innovation and SDG agenda? 1508™
- 40. Pillar #2 → Pillar #3 → Pillar #4 → Pillar #1 →
Editor's Notes
- Mikkel
- Mikkel
- Mikkel
- Thomas: A growing body of research suggests organizations that develop sustainability practices will also enhance their innovation capabilities (and vice versa). Is there a link between sustainability and innovation leadership? If more organizations gear their efforts towards social good, it will help them also improve their competitive edge (among other benefits)? How to understand the link between sustainability and innovation?
- Thomas: Our goal is to measure, benchmark and report on how well companies are doing at building their innovation capabilities in the digital era. Two specific deep dives this year 1) Change and capabilities and 2) Sustainability. This year we have been so fortunate to have IDA as partner. We are both partners dedicated to helping companies realise their full innovation potential and are working to make innovation tangible for corporate leaders, so they can lead the required change within their organizations. But also to make sure that companies set the bar extremely high when it comes to the SDG goals.
- Thomas: What is Class Leading Innovation all about? Let’s be clear before we start unveiling the survey findings. There are many perspectives on innovation. Try and do a search on Google for Innovation Definition and you will get 1.15 billion results! Our definition of Class Leading Innovation at 1508 is: 01. Your ability to develop continuous pilots, trials and new ventures across your product portfolio. 02. Your ability to lead constant development, learning & change.
- Thomas
- Thomas: What is Class Leading Innovation all about? Let’s be clear before we start unveiling the survey findings. There are many perspectives on innovation. Try and do a search on Google for Innovation Definition and you will get 1.15 billion results! Our definition of Class Leading Innovation at 1508 is: 01. Your ability to develop continuous pilots, trials and new ventures across your product portfolio. 02. Your ability to lead constant development, learning & change.
- Thomas
- Thomas
- Thomas: To what degree has your company implemented a clear innovation strategy? https://www.polleverywhere.com/multiple_choice_polls/SpJyybQoyVWWXnQRYFTHL
- Thomas: To what degree has your company implemented a structure for managing your innovation? https://www.polleverywhere.com/multiple_choice_polls/KYaFCOinjDCCYZCP3QZ14
- Thomas: To what degree has your company implemented a practice for execution your innovation projects? https://www.polleverywhere.com/multiple_choice_polls/VkiIgLh8yb3w47LlnM4jM
- Thomas: A growing body of research suggests organizations that develop sustainability practices will also enhance their innovation capabilities (and vice versa). Is there a link between sustainability and innovation leadership? If more organizations gear their efforts towards social good, it will help them also improve their competitive edge (among other benefits)? How to understand the link between sustainability and innovation?
- Thomas
- Thomas
- Thomas
- Thomas: There is a disconnect between top management and the rest of the organisation. Middle managers suffers the most and seems to be left with the ungrateful task of balancing portfolios, managing culture and transforming businesses at the same time. Practitioners are in desperate need of guiding, but do not have right kind of support or knowledge for innovation to manifest in their everyday work.
- Thomas
- Thomas: Even though the landscape looks bleak, there are rays of light to be found. There is a significant correlation between companies who invest +6% of their budget in innovation and their innovation capacities. The companies who understand that innovation needs support, both economically and managerially, rate significantly higher in both Strategy, Management and Practice.
- Thomas
- Thomas
- Thomas: Of all the questions we asked, one of the lowest-scoring was about failure. Failure is rarely seen as a learning opportunity and is still regarded as a taboo best avoided. It is eye-opening how extensive differences there are between how Senior Executives and Practitioners perceive failure. You and your company are going to fail. But that is okay and part of the innovation journey.
- Thomas
- Maria
- Maria: When asked which SDGs that represent business opportunities for all the companies (including the ones that have not yet started working to implement the SDGs) the following five are the most selected.
- When asked which SDGs that represent business opportunities for all the companies (including the ones that have not yet started working to implement the SDGs) the following five are the most selected.
- Maria: When asked which SDGs that represent business opportunities for all the companies (including the ones that have not yet started working to implement the SDGs) the following five are the most selected.
- Maria: As it turns out, innovation and sustainability are connected: this is a solid handshake. Companies having a specific focus on SDG also have a significant higher degree of innovation capabilities.
- Maria: When asked which SDGs that represent business opportunities for all the companies (including the ones that have not yet started working to implement the SDGs) the following five are the most selected.
- Maria
- As it turns out, innovation and sustainability are connected: this is a solid handshake. Companies having a specific focus on SDG also have a significant higher degree of innovation capabilities.
- Maria
- Maria: It is a similar type of corporate challenge and opportunity anchored in how to accelerate your company in a meaningful way.
- Maria: Thinking differently can unlock companies’ innovative and sustainability potential - they may see situations from a different point of view, they may reexamine their perspective of what’s important and they can tap into new ideas. Sustainability and innovation requires a different lens of thinking. It helps companies to approach situations differently, either thinking about different subjects (e.g. emissions).
- Maria: Thinking differently can unlock companies’ innovative and sustainability potential - they may see situations from a different point of view, they may reexamine their perspective of what’s important and they can tap into new ideas.
- Maria: The companies with the highest chance of succeeding have a significant amount of leaders that everyday practice what we call “active change leadership”. It is not an easy job being a leader in a fast-changing world. But our message is still clear; you have to take active part of the innovation and make smart investments to facilitate the transition. The same principles can be said about how a company in a structure way succeed with integrating the SDG goals and making smart business.
- Thomas: The companies with the highest chance of succeeding have a significant amount of leaders that everyday practice what we call “active change leadership”. It is not an easy job being a leader in a fast-changing world. But our message is still clear; you have to take active part of the innovation and make smart investments to facilitate the transition. The same principles can be said about how a company in a structure way succeed with integrating the SDG goals and making smart business.
- Thomas
- Thomas
- Thomas
- Thomas
- Thomas
- Thomas
- Thomas