Innovation Summit Dbsa Jayshree Naidoo


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DBSA Presentation Innovation Summit 2009

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Innovation Summit Dbsa Jayshree Naidoo

  1. 1. Development Bank of Southern Africa Jayshree Naidoo Creating a Capacity for Innovation A Case in Point
  2. 2. Evolving Role of Innovation @ DBSA 2007/2008 Corporate Strategy Portfolio expanded to include Innovation 2008/2009 New Unit Created to Focus on Innovation and Entrep-neurship 2006/2007 Budget for Corporate Entrepre-neurship Ventures Approved 2005/2006 Internal Focus on Corporate Entrepre-neurship & Innovation
  3. 3. Strategic Focus and Alignment Knowledge Management Idea Generation Entrepreneurship Development Enterprise Development & Support (BBBEE) Innovation De Bono, SAINe, ISPL, I & E Conf Strategic Partnerships; e.g. JASA, BSE, GEW, Impumelelo External Focus Project Origination to address development challenges Internal Focus 1 2 3 4 5 6 7 8 Framework for Innovation
  4. 4. Steps in Creating a Capacity for Innovation <ul><ul><li>May 09 – Jun 09 </li></ul></ul><ul><ul><li>Creativity Training, Six Thinking Hats </li></ul></ul><ul><ul><li>Innovation training </li></ul></ul><ul><ul><li>Entrepren-eurship training </li></ul></ul>July Onwards <ul><ul><li>Creativity Space </li></ul></ul><ul><ul><li>Idea Generation Portal </li></ul></ul><ul><ul><li>I & E Conference </li></ul></ul><ul><ul><li>Internal Awards </li></ul></ul><ul><ul><li>Dialogues </li></ul></ul>Apr 09 – May 09 <ul><ul><li>Contract deliverables, 10% weighting </li></ul></ul><ul><ul><li>Communicate details of Champions </li></ul></ul><ul><ul><li>Champion Induction </li></ul></ul>Feb 09 – Apr 09 <ul><ul><li>Staff Awareness Campaigns </li></ul></ul><ul><ul><li>Staff Nominations </li></ul></ul><ul><ul><li>Selection of Champions </li></ul></ul>
  5. 5. <ul><li>Embed a culture of Innovation and Entrepreneurship within the DBSA </li></ul><ul><li>Identify I & E Champions and equip them with the relevant tools, techniques and skills </li></ul><ul><li>Identify and communicate themes for project identification </li></ul><ul><li>Ensure a system of open innovation within the DBSA that allows all staff to participate through simple processes </li></ul><ul><li>Ensure reward and recognition mechanisms are in place for staff and champions – Bi – annual awards </li></ul><ul><li>Create opportunities for champions to interact with specialists </li></ul><ul><li>Create platform for discussions on entrepreneurship and innovation through dialogues, seminars and the annual conference </li></ul><ul><li>Identify strategic partnerships and support initiatives that deliver on mandate </li></ul>Role of the I & E Unit
  6. 6. <ul><li>Understand Innovation and Entrepreneurship in the context of DBSA </li></ul><ul><li>Facilitate discussions that identify initiatives: </li></ul><ul><ul><li>Within division </li></ul></ul><ul><ul><li>With other divisions if needed </li></ul></ul><ul><li>Actively participate in initiatives planned by the I & E Unit </li></ul><ul><li>Promote and understanding of I & E within the DBSA (Championing) </li></ul><ul><li>Use tools and skills received in Workshops to actively engage with staff on identifying projects and initiatives that could be selected for implementation </li></ul><ul><li>Identify future I & E Champions </li></ul><ul><li>Assist with embedding a culture of innovation and entrepreneurship within the DBSA </li></ul><ul><li>  </li></ul>Role of the Champions
  7. 7. DBSA Innovation Champions
  8. 8. <ul><li>Internal </li></ul><ul><li>A common, group wide understanding of Innovation </li></ul><ul><li>A shared vision towards solutions </li></ul><ul><li>Reward and recognition that fosters and promotes delivery </li></ul><ul><li>Implemented projects </li></ul><ul><li>Embedded culture and support for activities </li></ul><ul><li>Platforms available for idea submission </li></ul><ul><li>External </li></ul><ul><li>Enabled identification and creation of strategic partnerships </li></ul><ul><li>Allowed for platform for collaboration – I & E Week and two day conference : 16-21 November 2009, and dialogues </li></ul><ul><li>Creates the foundation for and Open Innovation System </li></ul>What do we aim to achieve? – So What..
  9. 9. <ul><li>Internal </li></ul><ul><li>1 st Innovation Awards at end of second quarter </li></ul><ul><li>Community garden project for staff and community </li></ul><ul><li>Launch creativity space </li></ul><ul><li>Identify new champions </li></ul><ul><li>External </li></ul><ul><li>Host successful Innovation & Entrepreneurship Week and Conference </li></ul><ul><li>Host Dialogues that promote collaboration </li></ul><ul><li>Develop strategy for open innovation system </li></ul><ul><li>Identify strategic partners </li></ul>Next Steps – Now What….
  10. 10. A creativity space for staff
  11. 11. A transformation is needed !!
  12. 12. Adding a touch of color
  13. 13. Hands on @ the DBSA !!
  14. 14. Champions making their mark !!
  15. 15. Placing the final touches ….
  16. 16. And the end Result
  17. 17. Time to Celebrate !!
  18. 18. <ul><li>For more information contact: </li></ul><ul><li>innovation @ </li></ul>