Weapons of Mass Innovation                 Prof. Raphaël Cohen, PhD            rc@getratex.ch or raphael.cohen@unige.ch   ...
Comparing           startups and existing organizations       Resource             Startups   Existing Organizations      ...
Sources of Innovation        Employees have many ideas           but very few are implemented…           Why?           Em...
Oracle Software Experience               (within one 1000 people division)         56% of the participants         have in...
Download        free of charge      www.winning-opportunities.org       (retail price: USD 89)© Raphael Cohen rc@getratex....
Teaching                        business savvy                           + agility© Raphael Cohen rc@getratex.ch www.Manag...
AgilityBoosterTM approach          Internal talent development program          Toolbox for change agents (intrapreneurs) ...
AgilityBooster results        Out-of-the-box bottom-up innovations        + 100 million in new business           Measurab...
You are seating                   on a goldmine:                    your employees                  It is time to extract!...
To achieve sustainable growth                 Main driver = innovation                Followed by internationalization    ...
The rule of the 5 P’s       Give them Permission       Protect innovators                                   Power         ...
The entrepreneurship education               …mistake          Teaching how to launch a start-up and          implement a ...
Teaching business savvy         Demystifies         Inspires!!!         Opens the mind to the possibility of         ident...
Climate-makers are          responsible for the climate                 Give permission to explore                 Teach t...
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Weapons of mass innovation | By Raphael H. Cohen | Costa Rica handout

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Professor Raphaël Cohen, PhD, brought this presentation to Costa Rica in September, 2012.

He made ​​this presentation at the forum entitled "Invention, innovation and intellectual property", on September 5, 2012 at the Radisson Hotel in San Jose, Costa Rica.

This activity was organized by the Council for the Promotion of Competitiveness and the Ministry of Justice and Peace in Costa Rica.
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El profesor PhD. Raphaël Cohen realizó esta presentación en Costa Rica el 5 de Setiembre, 2012, durante el foro "Invención, innovación y propiedad intelectual", celebrado en el Hotel Radisson de San José, Costa Rica.

Esta actividad fue organizada por el Consejo de Promoción de la Competitividad y el Ministerio de Justicia y Paz de Costa Rica.

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Transcript of "Weapons of mass innovation | By Raphael H. Cohen | Costa Rica handout"

  1. 1. Weapons of Mass Innovation Prof. Raphaël Cohen, PhD rc@getratex.ch or raphael.cohen@unige.ch Mobile +41-79-6262383 Tel +41-22-3469900 www.winning-opportunities.org 1 Invest in the future because “Only paranoiacs survive” (Andy Grove, Intel) “Somewhere out there is a bullet with your company’s name on it. Somewhere out there is a competitor, unborn or unknown, that will render your strategy obsolete. You can’t dodge the bullet – you are going to shoot first. You are going to have to out-innovate the innovators” (Gary Hamel)© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 1 September 2012
  2. 2. Comparing startups and existing organizations Resource Startups Existing Organizations Money No Yes Access to market No Yes Experience No Yes Equipment No Yes Network No Yes Equipment No Yes Staff (?) Yes Passion Yes No Launching big idea Yes No Impact on job creation Existing Startups Entreprises© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 2 September 2012
  3. 3. Sources of Innovation Employees have many ideas but very few are implemented… Why? Employees lack confidence in the idea are afraid of forgetting one parameter are afraid of refusal do not know how to sell a concept/project Insufficient business savvy© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 3 September 2012
  4. 4. Oracle Software Experience (within one 1000 people division) 56% of the participants have initiated new projects that they would not have started without attending the IpOp Model workshop The IpOp Model tools have been used by 87% of the participants in their daily work Suitable tools are innovation enablers The IpOp Model toolbox Leads employees to seek opportunities that bring real competitive advantages Improves the success/failure ratio fewer aborted projects better use of resources Boosts pro active behavior to find solutions Increases employees’ engagement and retention© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 4 September 2012
  5. 5. Download free of charge www.winning-opportunities.org (retail price: USD 89)© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 5 September 2012
  6. 6. Teaching business savvy + agility© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 6 September 2012
  7. 7. AgilityBoosterTM approach Internal talent development program Toolbox for change agents (intrapreneurs) Real innovation project that must: be identified by the participants obtain resources and authorizations … be implemented Nestlé Africa business savvy New business model for the supply chain Significantly reduce retail price Increase market share Increase volume Maintain profit margin per unit Double farmers’ income Microcredit for farmers Partnering with Bill Gates Foundation ……..by unqualified engineers ….… as a side project (in addition to job)© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 7 September 2012
  8. 8. AgilityBooster results Out-of-the-box bottom-up innovations + 100 million in new business Measurable return on investment Training = Profit center Turns employees into proactive change agents Generates competitive advantages Lasting effect on innovation (ex HUG) Horizontal cooperation = breaks silos Builds network and peer support groups Higher engagement + retention Why it works Trainers = ‘entrepracademics’ (role models) Customized content to culture Long term coaching + team building Toolbox focusing on business agility Gives permission Increases self-confidence empowers people to seize opportunities© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 8 September 2012
  9. 9. You are seating on a goldmine: your employees It is time to extract! Executive education Since executive education has to be provided anyway, Kill two birds with one stone: Use internal customized training as the vector for Boosting innovation Making money with a measurable output Developing people Turning them into change agents© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 9 September 2012
  10. 10. To achieve sustainable growth Main driver = innovation Followed by internationalization Adaptability & Agility = key to future success Empower your people: by giving them tools to - test the merits of their idea - eliminate weak ideas - convince management© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 10 September 2012
  11. 11. The rule of the 5 P’s Give them Permission Protect innovators Power & Inspire with Passion performance Process for innovation Corporate innovation All innovation strategies deliver some results No single strategy is better than the others No strategy can be replaced by another The more concurrent innovation channels = the more innovation Each innovation channel creates synergies with the others (1+1 = 3) The most successful organizations are agile and constantly experimenting© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 11 September 2012
  12. 12. The entrepreneurship education …mistake Teaching how to launch a start-up and implement a project rather than teaching how to identify and validate opportunities Not only to potential entrepreneurs but to every engineer and scientist Plant seeds: teach the art of identifying opportunities Bridge science and business = business savvy without a full MBA ex: Swiss Federal Institute of Technology (EPFL): 56 hours for the fundamentals taught by real entrepreneurs to students, Ph. D, assistants and professors No ambition to become managers Fun and entertaining© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 12 September 2012
  13. 13. Teaching business savvy Demystifies Inspires!!! Opens the mind to the possibility of identifying opportunities Shows that there are many roles No need to change career Delivers better cooperation inside organizations Career booster Agility + business savvy are the secret For your employees For your potential entrepreneurs For your scientific/engineering students To prepare the future (= innovation) To adapt to a changing environment© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 13 September 2012
  14. 14. Climate-makers are responsible for the climate Give permission to explore Teach the innovation process Expand students’ horizon Create supporting conditions Our mission: From caterpillars... …to agile butterflies© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 14 September 2012

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