Finance Skills Development FSD Innovation and Creativity Workshop
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Innovation and Creativity 15 th July 2015
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Transcript of Finance Skills Development FSD Innovation and Creativity Workshop
Innovation and Creativity
15th July 2015
2013
If NHS is to survive another 65 years!
• Population is ageing• Significant increase in people with long
term conditions• Increased demand and rising costs threaten
financial stability and sustainability of NHS• Means fundamental changes to how we
deliver and use health care services
If NHS is to survive another 65 years!
‘This is not about unnecessary structural change, it is about finding ways of doing
things differently, harnessing technology to fundamentally improve productivity, putting people in charge of their own
health and care services.....’
If NHS is to survive another 65 years!
‘We are all committed to the values that underpin the
NHS and we know this new future cannot be developed
from the top down...’
What do we mean by Innovation
If NHS is to survive another 65 years!
• The NHS must change to survive• Doing nothing is not an option!• Funding is unlikely to increase• Won’t contemplate cutting or
charging for core NHS services
Change quotes…
"If you are doing business today the same way as you did business yesterday, the chances are that you won’t be doing business tomorrow"
Peter F Drucker
Today’s business reality…
10 years ago...
The pace of change
Barriers to Innovation
What are some of the barriers to innovation that we have experienced?
Barriers to Innovation
Innovation in action
suggestions per employee annually
% ideas adopted
Ideas implemented peremploy annually
Innovation in action
suggestions per employee annually
% ideas adopted
Ideas implemented peremploy annually
0.8
9
Innovation in action
suggestions per employee annually
% ideas adopted
Ideas implemented peremploy annually
0.8 25
9 85.7
Innovation in action
suggestions per employee annually
% ideas adopted
Ideas implemented peremploy annually
0.8 25 0.2
9 85.7 7.7
Innovation in action
suggestions per employee annually
% ideas adopted
Ideas implemented peremploy annually
0.8 25 0.2
9 85.7 7.7
75+ 85 63
Innovation in action
2 million ideas/year
7 million ideas/year
Minnesota Mining and Manufacturing Company
Innovation in action
• 50,000 products in its range
• Sets target of delivering 1/3rd of its sales from products introduced in the last 3 years!
What’s the common theme in all these businesses?
5 stages in workplace innovation1. Innovation is random and occasional2. Organisation attempts to mobilise
involvement3. High involvement capability is coupled with
strategic goals of the organisation4. High- involvement produces profit.
Individuals and teams are empowered to innovate on their own initiative
5. Everyone is involved in experimenting with new ideas, become a learning organisation
Ask yourself...
How well does our organisation promote
innovation?
Let’s test our creativity and innovation
Idea fluency
Squares
The classic nine dots problem
The classic nine dots problem
The classic nine dots problem
The classic nine dots problem
Is there really a green circle?
Two Perspectives
Whatever happened to....?
We are living in exponential times!
Types of Innovation
Types of Innovation
Incremental Product
innovation
Radical Product
innovation
Incremental Business Model
innovation
Radical Business Model
Innovation
Incremental Process
Innovation
Radical Process
innovation
Incremental Market
innovation
Radical Market
innovation
Beware of the Paradigm Effect!
How often do you hear...?
The business of paradigms
The thinking mechanism
Left Brain
Right Brain
The thinking mechanism
Page 15 in your manual
Page 15 in your manual
Page 15 in your manual
Page 15 in your manual
Page 15 in your manual
Page 15 in your manual
Page 15 in your manual
Acceptance Finding
Acceptance Finding
Innovation and Creativity
15th July 2015
