Innovation Leaders RoundtableBalance Incremental & Transformational Innovation

www.mti2.eu

Our Inspiration Journey 15.30-16.00 Welcome Coffee 16.00-16.10 Welcome by MTI2 (prof.dr. Stefan Stremersch & dr. Isabel Verniers) 16.10-16.40 From Seeding to Impactful Ideas in R&D

(dr. Sabine Leclercq, R&D Site Director, Baxter R&D Europe &

dr. Patricia Meijers, Sr. Research Scientist, Baxter R&D Europe) 16.40-17.10 Engaging the Crowd to Address Disruptive Business Models

(prof.dr. Isabel van Driessche, Ghent University) 17.10-17.40 Successfully Incubating New Venture Teams Outside the Core Business

(Pedro Costa, Incubator Michelin) 17.40-18.00 Break 18.00-19.00 Roundtable Discussions19.00-21.30 Dinner & Wrap-up

31 May 2016de Pastorale, Reet

Innovation Leaders Roundtable Seminar & Dinnerby MTI2

Innovation Leaders at the Roundtables

Top Three Learnings from Roundtable Discussions

INCREMENTAL VS. TRANSFORMATIONAL

How to balance between incremental versus transformational

projects?

SUSTAINHow to keep momentum in order

to establish sustainable innovation?

ENGAGEHow to make your employees the

biggest ally in your innovation efforts?

INCREMENTAL VS. TRANSFORMATIONAL

How to balance between incremental versus transformational

projects

KEEPING MOMENTUMHow to keep momentum in order

to establish sustainable innovation

This Presentation: Balance

BALANCE

How to balance incremental versus transformational

innovation projects?

Balance Your Innovation Efforts

IncrementalInnovation

Strategy

TransformationalInnovation

StrategyMulti-Disciplinary

Teams

Business Budget

DecisionMaker A

Central Budget

DecisionMaker B

$$ $$

$ $$$

Talent Governance OutcomeStrategy

Strategy: Set a Clear Intent

Objectives need to be clearly set: core (incremental) or transformational or both?

Continuous re-evaluation needed (moving target)

Innovation process to be continuously re-evaluated

Talent: It Starts with the People

Can you hire for disruption? Make teams more multi-disciplinary!

Know your company: where do idea clusters form? Who are the disruptors?

Hire outside your company for new and fresh disruptive ideas

Innovation campaigns teach the company what lives in the organization – critical input to management on strategic domains

Governance: Different Organization

Organizing for transformation is different than for incremental innovation

Transformational innovation needs a central budget (independent from the business)

Need different decision makers for each strategy

Hire intrapreneurial talent focused on execution

Central Budget

DecisionMaker B

$ $$$

Business Budget

DecisionMaker A

$$ $$

Innovation Leaders RoundtableBalance Incremental & Transformational Innovation

www.mti2.eu