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Innovation in Corporate World, case study from JobStreet.com

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Wee Khang Teoh
Wee Khang Teoh

A presentation to college students on business innovation models and what JobStreet.com believes in, what can make innovation sustainable in a company.

BusinessCareer
1 of 27
Innovation in new Global Employment Market National Engineering Student’s Conference 2009, International Islamic University of Malaysia.
 
 
Higher Productivity Means Fewer Engineers ,[object Object],[object Object],[object Object],[object Object],[object Object],Ref: IEEE Today’s Engineer publication, http://www.todaysengineer.org/2005/Oct/commodities.asp
Contents ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Definitions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
JobStreet Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
History ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Online Recruitment Platform ,[object Object],[object Object],Jobseekers More than 6 million SiVA 1. Register career preferences (free) 3. Be matched and notified 4. Apply online 7. Sit online test 2. Post job advertisement (pay flat fee) 5. Receive applications 6. Process apps, request tests, interviews, SMS 8. Receive test results JobStreet Intranet CRM and OSS Systems JobStreet.com Employment Exchange (Internet) LiNa
Sustaining vs Disruptive Innovation ©Clayton Christensen – “Seeing What’s Next” Company improvement trajectory Customer demand trajectory Hypermarket Telephone Photocopy Machines
How to See What’s Next? ,[object Object],Undershot Customers Signs that companies are introducing up-market sustaining innovations. Nonconsumers Signs that companies are introducing new-market disruptive innovations. Overshot Customers Signs that companies are introducing low-end disruptions, displacements, or moving close to consumers. Overshot Customers Signs that nonmarket players are taking action to increase or decrease barriers to innovation 1. Signals of Change Are there any signs that someone is capitalizing on opportunities or change? 2. Competitive Battles 3. Strategic Choices ©Clayton Christensen – “Seeing What’s Next”
Analyzing Industry Competitive Forces Porter, M.E. (1985) "Competitive Advantage", The Free Press, New York, 1985.
Innovation Examples
Innovation Examples
Areas of Innovation ,[object Object]
 
Classifying and Having Right Mix of Projects Building organization and process to support project mix
Balancing Many Needs Resource Required Importance Of Outcome To Customers and Size of relevant Customers High Impact High Resource Low Impact High Resource High Impact Low Resource Low Impact Low Resource ,[object Object],[object Object],[object Object]
Innovation Techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Example of Design Thinking
Motivating Innovation – Nice to Have 
How a company appeals to employees
Motivating Innovation in Corporate – Must Have ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Motivating Innovation in Corporate – Must Have ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Global Innovation Ranking 2008 Research pulication by INSEAD – business school of the world. http://www.insead.edu Where are we? #1 USA #2 Germany #3 Sweden #25 Malaysia #24 Qatar #9 Japan #4 Singapore
Improving Lives Through Better Careers "640K ought to be enough for anybody." Bill Gates, 1981
Thank You Improving Lives Through Better Careers Join JobStreet Forum at http://forum.jobstreet.com discuss career options, seek scholarship opportunities or talk about innovations. Email: wkteoh@jobstreet.com

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