This document discusses why innovation is difficult in large, established companies and provides keys to overcoming this challenge. It recommends that management be committed to innovation and that companies develop a strategy to make their operational and innovation worlds live and evolve together through collaboration and open innovation. It also outlines how one company, BBVA Innovation, is transforming itself by working in cross-functional teams on an open innovation model and digital business development to stay relevant in a disruptive environment.

1. Disrupt before being disrupted

2. 1
Why is so difficult to
innovate in big companies

3. Operational
World
Innovation
World
Large & established
companies

4. Operational
World
Innovation
World
Start-ups

5. Operational
World
Innovation
World
Ideal balance

6. 5 Keys

7. 1) Management
commitment

8. 2) Strategy is a
must

9. 3) Transformation
Objectives

10. 4) Make them live
and evolve
together

11. 5) Collaboration,
Open innovation

12. 2
BBVA Innovation

13. Open
Platforms
Big
Data
DisruptionNew opportunitiesNearby innovation
Native
Banking
Develop new
Digital Business
Transform today’s
business into digital

14. Classified Project
portfolio,
prioritization

15. EEUU
MEXICO
AdS
SPAIN
Turquia
ASIA
DIGITAL
BANK

16. Working in cross-functional teams

17. Project Metrics

18. Open Innovation
Model
Spin Off
Knowledge
- Ideas
- Technologies
External
platform
Venturing
Co-Development
Design
thinkers

19. Open Innovation practices

20. 3
Transforming your
company

21. Motivated, challenged & connected employees:
Knowledge-based business development.
Digital business: social and why not,
fun working!