• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
What are we learning about Innovation Exchange
 

What are we learning about Innovation Exchange

on

  • 958 views

 

Statistics

Views

Total Views
958
Views on SlideShare
958
Embed Views
0

Actions

Likes
0
Downloads
3
Comments
0

0 Embeds 0

No embeds

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    What are we learning about Innovation Exchange What are we learning about Innovation Exchange Presentation Transcript

    • What are we learning about…
    • What’s the problem?
      • In the public sector, people don’t feel allowed to innovate. In the third sector, they don’t feel supported to innovate.
      • A ‘thousand flowers’ are free to bloom and decision-making is radically distributed. However, that creates barriers to sustaining and scaling innovation.
      It’s hard to scale and sustain third sector innovation
    • Too few third sector innovations change the world Size Age
    • That failure to change the world is largely a systemic failure Someone in the third sector has an idea They write a letter to the Minister The Minister gives the letter to a civil servant The civil servant writes a letter of congratulation
    • There’s no market for third sector innovation Demand Supply
    • As a result, innovators are disconnected from potential collaborators and supporters Commissioners and investors Innovators in the third sector
    • What’s the solution?
    • We need to connect innovators and potential supporters Public service commissioners Social investors Third sector innovators
    • The Exchange first works to identify opportunities for innovation Great third sector innovations Commissioners’ and investors’ needs Advice and support with individual budgets Support to overcome social isolation
    • It then helps people to connect around those opportunities, build alliances and develop their work
    • It seeks to add value by focusing on incentives to develop and grow
      • Focus on new ideas:
      • Immersion
      • Stimulus
      • Horizon-scanning
      Upstream incentives Downstream incentives
      • Focus on scaling up:
      • Brokerage
      • Development
      • Growth
    •  
    • What are we learning?
    • We added a fourth diamond to take account of the market context
    • We are doing more sourcing of innovation than stimulating Identifying Source & sense-check Incubating Accelerating Research Engage stakeholders Seek innovators Scan the horizon Identify demand and supply Market test Broker connections Enable feedback
    • We are trying some new approaches
      • Use of open online tools
      • Importance of video
      • Insight Journeys
    • And we are encountering a set of challenges
      • Open innovation vs secretive match-making
      • Wisdom of crowds
      • Pitching mentality vs co-creation
      • Issues around locality
    • What do you think?
      • And…
      • How does this connect to your work?
      • What advice do you have for us?