This document discusses TAL's innovation ecosystem and initiatives to promote innovation within the company. It describes TAL's Innovation Society with over 200 active members that holds regular networking events. It also details TAL's annual Innovation Challenge that engaged over 700 employees on 72 teams who submitted over 900 proposals. The document concludes with three key takeaways around starting with a well-defined business problem, embracing uncertainty and adapting based on feedback in order to promote innovation.

2. Dan Canham
Strategy & Innovation World Forum 2019

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Helping TAL Leap…

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5. Source: https://www.reforge.com/brief/a-framework-for-evaluating-growth-problems-worth-solving

6. Source: https://dschool.stanford.edu/

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Innovation @ TAL

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TAL
Innovation
Ecosystem
Innovation
Lead
Delivery
Engineer
Operations
Lead
Customer &
Proposition
Analyse
Data
Engineer
Data
Scientist

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Innovation Society
• 204 Active members
• Regular networking events
• Highly engage Workplace Group

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Annual Innovation Challenge
730
employees
engaged
Workshops
with 72 teams
930
Submissions

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The importance of structure & governance
From problem to validated proposition in 16 weeks

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Do you have a growth mindset?

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Keep it simple

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Use the right tools

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Case Study…

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Real world Incubator initiatives

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Global Recognition

18. • Over 70 start-ups applied for the Insurtech Program
• Top 3 start-ups invited to work with TAL:
1. PERX HEALTH: Developed a platform to remind,
educate and monitor medical adherence
2. RUNDL: Focused on connecting and collaborating
professional services
3. KNOWLEDGE GLOBAL: Developed technology to
personalise bill comparison in seconds.

19. Source: https://leanstartup.co

20. Source: http://theleanstartup.com/principles

21. Source: https://www.gv.com/sprint/

22. Source: https://www.gv.com/sprint/

23. Source: https://www.gv.com/sprint/

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Three Key Takeaways
1) Start with an actual Business Problem; Define it; Gain senior leadership
sponsorship; Hold regular showcases.
2) Embrace the uncertainty and celebrate successes along the journey.
3) Be prepared for real world (customer) feedback and adapt or pivot.
And allocate time and space to innovate!
Thanks