This document outlines Nesta's approach to innovation which includes 7 stages: 1) research and analysis through various methods to understand problems, 2) ideation and creative thinking through crowdsourcing and design tools, 3) experimentation through rapid prototyping and testing, 4) business case development to validate ideas, 5) replication to scale impact, 6) scaling up successful solutions, and 7) creating systemic impact through changed behaviors, laws, markets and interactions. The stages involve various techniques like ethnography, challenges, randomized controlled trials and organizational growth.

3. Source: Nesta

4. 1. Research and analysis
- Micro-narratives
- Ethnography
- Big data: smoke signals
- Evidence mapping
- Horizon scanning
- Market intelligence
- Systems mapping
- Service safaris
7. Systemic impact
- Changing behaviour
- Changing laws and regulations
- Calibrating markets
- Understanding interaction of
technologies
2. Ideation and fostering
creative thinking
- Crowdsourcing
- Challenges
- Design tools
- Creativity methods
- Open innovation
6. Scale-up
- Organisational growth
- Spreading ideas
- Transferring practice
- Legislation
- Licensing
- Franchising
3. Experiment
- Rapid prototyping
- Service and process design
- User-design
- Co-design
- Behavioural insights
- Light-touch evaluation
- Randomised Control Trials
- Cost-benefit modelling
4. Business case development
- Market sizing and validation
- Business case analysis
- Independent replication of
evaluation
5. Replication of impact
- Policy design
- Programme design
- Business modelling
- Organisational design
Source: Nesta

5. Bi-weekly meeting
cafe

6. “The future is
already here — it's
just not very evenly
distributed”
- W. Gibson

7. Horizon Scanning
Scan and
Investigate
Action
Connect
Sensemake
Source: @stugreulich

8. Development Impact Bonds
• You have five minutes to find a definition and
three experts…
• In a Development Impact Bond, investors provide
finance for social interventions in developing
countries. The money is channeled to local public
and private service providers. Once independently
verified evidence shows that results have been
achieved, the government and donors repay the
investors their principal plus a financial return
linked to performance.
• http://www.youtube.com/watch?v=leLZv0I-1nk

9. Horizon Scanning
Scan and
Investigate
Action
Connect
Sensemake
Source: @stugreulich

10. Horizon Scanning
• Quiz time: how quickly can you find…
• Think structure:
- Web searches
- Social media
- Magazines and journals
- Webinars
- Academics
- Roadmaps
- Pyramiding
• Lots of data available, but…
• Speak to people, go see for yourself, try it…
• Find dissonant voices as well as mainstream
• Follow up, re-connect, feed your network
Source: @stugreulich

11. Promises & Challenges of Foresight
PROMISES
• Creates Anticipatory
Awareness
• Challenges organisations
and management to think
• Drives innovation,
entrepreneurship, social
change
• Good strategy for dealing
with uncertainty
•
•
•
•
•
CHALLENGES
Too theoretical & abstract
Always methodologically
constrained
Disconnected from real
politik
Disconnected from
operations
People and organisations
are educated to demand
certainty?
Source: @stugreulich

12. cafe

13. Next time… RCTs
Don’t forget to bring some ideas of your own…