Innovation – A Destination and a Journey Valeria Mihalache, Xilinx Voices 2015 - www.globaltechwomen.com Mon March 9 9:00 PST Mon March 9 12:00 EST Mon March 9 16:00 UTC Tue March 10 21:30 IST Tue March 10 3:00 Sydney Session Length: 1 Hour We live in a time when change happens at lightning speed, all around us. The only way for companies to be competitive is to innovate, not only with respect to their product offering, but also with respect to their marketing and to their work processes. Moreover, all organizations need innovation in order to stay ahead in the game. Non-profit organizations need to bring innovation in their processes to attract more donors; schools need to innovate with respect to the teaching methods, as well as with respect to the programs they offer, for instance to take advantage of the latest technologies available, or to engage the students more in the learning process. In this presentation we will focus on innovation and on its two good companions, creativity and invention. We will talk about the differences between the three, while also showing the intrinsic connection between them. Giving real-life examples, we will talk about different types on innovation. We recognize that innovativeness is an elusive trait, that one cannot predict how innovative somebody will be in his or her position. Nevertheless, there are certain things that organizations can do to allow for and to stimulate the innovativeness of their employees/members. We will talk about processes that organizations can use in order to inspire and foster innovation.