What's Open Innovation and Induct?

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What's Open Innovation and Induct?

  1. 1. INDUCT – THE OPEN INNOVATION COMPANY Let’s innovate!
  2. 2. 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
  3. 3. • 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
  4. 4. “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
  5. 5. © 2013 INDUCT SEA OI SAAS Challenges. Ideas. Projects. Impulses. Groups. Innovation library. Innovation processes.
  6. 6. 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
  7. 7. 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
  8. 8. © 2013 INDUCT SEA INNOVATION AT WORK The Innovation ecosystem Strategy Goals Structure Governance Benefits Indicators Culture 1. Encourage 2. Manage 4. Reward 3. Measure
  9. 9. 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
  10. 10. © 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
  11. 11. 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
  12. 12. 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
  13. 13. 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
  14. 14. 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
  15. 15. LET’S STAY IN TOUCH © 2013 INDUCT SEA Encourage. Manage. Measure. Reward. Joan Ras Mob:+34 654 56 60 01 joan.ras@inductsoftware.com Ignasi Clos Mob : +34 659 55 14 01 ignasi.clos@inductsoftware.com Alf Martin Johansen Mob: +47 90 17 94 35 amj@inductsoftware.com www.inductsoftware.com
  16. 16. INDUCT – THE OPEN INNOVATION COMPANY Let’s innovate!

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