Induct is an international open innovation company with branches around the world. Their vision is to spread innovation globally by becoming the main partner for organizations seeking to innovate. They provide an open innovation platform developed with Dr. Henry Chesbrough that allows companies to build innovation capabilities and create sector innovation hubs. Most CEOs believe innovation is critical for future success but idea generation is the easiest part, while Induct helps manage the entire innovation process from challenges to implementation. Their flagship projects in healthcare have increased applications by over 50% through their online tools and specialist networks.

1. Let’s innovate!
INDUCT – THE OPEN INNOVATION COMPANY

2. 90% of CEO’s at international leading companies
think innovation is a key success factor for the
future of their organizations.
+66% of CEO’s at the most innovative international
companies consider idea generation the easiest part
of the innovation process.
20% of Spanish companies actually do some kind
of innovation.
READY FOR THIS JOURNEY?
© 2013 INDUCT SEA

3. INDUCT
• Born in 2007, Induct is an international leading
company developing innovation initiatives all over
the world
• International branches: Oslo (Noruega), Boston
(USA), Beijing (China), Bangalore (India), Berlin
(Germany), London (UK), Sao Paulo (Brazil ) &
Barcelona (Spain)
• Vision: to spread the innovation movement all over
the world
• Mission: to become the main allied for organizations
in the public and private sector in their process to
become more innovative
• Unique value: Inducts provides the only extreme-to-
extreme open innovation platform supported by Dr.
Henry Chesbrough. Through the platform, we are
able to build the innovation capabilities within
companies and create sectorial innovation hubs
© 2013 INDUCT SEA

4. OPEN INNOVATION
“Open innovation is the intentional use of both the internal
and external knowledge in order to speed up innovation and
expand markets. This implies that organiaztions must use
internal and external ideas, teams, and insights, in order to
make innovation happen.”
Henry Chesbrough (“Open Innovation: the new imperative”), Dean at the Haas Business
School at Berkeley, and President at Induct¡’s Counceling Commitee.
Open Innovation is a CO-spirit process!
© 2013 INDUCT SEA

5. OI SAAS
Challenges. Ideas. Projects. Impulses. Groups. Innovation library. Innovation processes.
© 2013 INDUCT SEA

6. FLAGSHIP PROJECTS
Impact
(Disseminate)
Best Actual
Practices Standard
of Care
Ideas &
Challenges  Insight
Challenge
Proposal Work-
Process  groups 
 Stimulate world leading specialists Impact CIMIT
 Prioritize applications with conditions and potentials
Products/ Planner  Connector Challenges
Services & Needs
 Enable collaboration between specialist environments Clinical Best
Impact Practice
Dashboard Curator
Solution Implement Funding Invent
&
Finder
 Research Proposal Campaigns Find
 Online ranking/review by selected groups of specialists Ideas & Enabling
 Advanced search technology to stimulate learning Prototypes Opportunities Technologies
Results Innovate
 Number of applications increased more than 50%
 Bug-free technical implementation
 High customer satisfaction among gatekeepers & users
Process
 In January 2011, CIMIT announced a call for
FY2012 pre-proposals in its Innovation Grant program
 Over 300 multidisciplinary teams responded,
a 50 percent increase over last year
 One hundred fifty-five pre-proposals have been selected to advance
to the full proposal stage and compete for CIMIT Innovation Grants «The overall general feedback is very positive.
of up to $100,000 They find it easy to use, best yet!»
 http://www.cimit.org/news/Record-Number-FY2012-CIMIT- Diane S. Spiliotis, CFO/CIO, CIMIT
Innovation-Preproposals.html © 2013 INDUCT SEA

7. HEALTHCARE
NHS Innovations London Stimulates Innovation in Health Service
Through New Offering
Oslo University Hospital Proposes Open Healthcare Innovation Zone to
Include All Stakeholders
Helping Norway, Sweden, and Denmark Form EU-Funded
Open Healthcare Innovation Zone
Innovation network with Bangalore
187.000 employees and collaborators
First implementation in Spain, other will come soon
© 2013 INDUCT SEA

8. INNOVATION AT WORK
Strategy
4. 1.
Reward Encourage
Benefits Goals
The
Innovation
Indicators
ecosystem Culture
Structure Governance
3. 2.
Measure Manage
© 2013 INDUCT SEA

9. 1. ENCOURAGE
• Generate awareness
• Create and show the management’s commitment (online &
offline communications)
1.
• Create participation opportunities (make it easy to generate Encourage
ideas)
• Motivate (not only the 10% of natural innovators)
• Involve innovation champions: employees, customers,
wholesalers, etc.
• Set up a culture of innovation
“The more
visionary CEOs
understand that
innovation is as
much about
purpose and
culture.”
Michael van Hove,
Strategos
© 2013 INDUCT SEA

10. 2. MANAGE
“The limits to
innovation have
nothing to do
with technology
or creativity.
It’s all about
management
capability”
Ray Sata, CEO at
Analog Devices
• Define your Innovation types (challenges, ideas, proposals, groups)
• Define stages and tasks
• Manage your end-to-end innovation processes
• Set up your innovation organization and teams
• Collaborate 2.
Manage
• Design a calendar
• Decide which are your ideas evaluation criteria
• Follow your innovation Innovation funnel © 2013 INDUCT SEA

11. 3. MEASURE
“Innovation is
ultimately
about Return on
Investment”
Robert Brands,
Innovation coach
• Define innovation kpi’s
• Create stage and process scorecards to filter ideas and take
3. better decisions
Measure • Learning process based on results
• Improvement your innovation processes whenever is
needed
© 2013 INDUCT SEA

12. 4. REWARD
• Celebration
• Professional recognition
4. • Remuneration on objectives
Reward
• Talent detection
• Career development based on “innovativeness”
“Many workplaces
are enclaves of
aiding and abetting
immature,
disrespectful, even
harmful behavior.”
Deborah Mills,
Mills - Scolfield
© 2013 INDUCT SEA

13. INNOVATION ROAD MAP
Communities
Strategy
Benefits Goals
The
Innovation
Open Innovation
ecosystem
Indicators Culture
Structure Governance
Businesses
1. Design your 2. Set up your 3. Manage your
innovation framework OI platform communities
© 2013 INDUCT SEA

14. WELCOME ABOARD
The new leadership requirements:
Openness
Standards
Collaboration
These three elements are key to your company’s
long-term strategy and road-map to success.
© 2013 INDUCT SEA

15. LET’S STAY IN TOUCH
Joan Ras
Mob:+34 654 56 60 01
joan.ras@inductsoftware.com
Ignasi Clos
Mob : +34 659 55 14 01
ignasi.clos@inductsoftware.com
Alf Martin Johansen
Mob: +47 90 17 94 35
amj@inductsoftware.com
Encourage. Manage. Measure. Reward.
www.inductsoftware.com
© 2013 INDUCT SEA

16. Let’s innovate!
INDUCT – THE OPEN INNOVATION COMPANY