Fostering Companies Innovation

7/30/2019 Fostering Companies Innovation

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Various Existin

Companies

Innovation

Fostering

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Contents

1- Diversity& Inclusion

2- ERGs

3- IntelsSystemic

Innovation4- Lean

Six Sigma(LSS)

6- Intels LSS& SystemicInnovation

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DIVERSITY + INCLUSION = INNOVATION & SUCCESS (LOra

Harnessing Employees Diverse Perspectives for Innovation

Example: Stimulate a passionate point (telenovelas) in one of its Core Customer Grocommunity) by creating an innovating program (Club de Noveleras or CDN)with Telemundo

1 - Diversity & Inclusion

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Employee Resource Groups drive Innovation (Mattel, AT&T,

Providing specific advices & guidance for Marketing & Product Devteams through the launch of new products

Example:

Before launching a new line of dolls addressed to African-American girls, semanagement requested help from MAAF (Mattels African-American EmploGroup) to advise Mattels Marketing team

2 - Employee Resource Groups

(ERGs)

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The systemic innovation initiative allows us to manage innovculture in the same way that we manage quality and safety.

3 - Intels Systemic Innovation (Ea

Life)

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Innovation Intranet Site

Rewards and RecognitionProgram

Innovation Self-Assessment


Life)

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Innovation Toolkit Innovation training class

Innovation engine

Innovation assignments andventures


Life)

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Number of innovation related rewards

and recognitions Numbers from various feedback

mechanisms, showing employeeacceptance and understanding of theinitiative

Results from the innovation selfassessment capability maturity

framework (survey measuring fivelevels of maturity related to innovationbehavior)

Number of ideas generated in specificinnovation harvesting campaigns

Number of white papers published

Percentage of bud

innovation, researexploration of emtechnologies

Shareholder valueinnovation activiti

Shareholde

IT Efficiencies + provided to the

Number of ideas hcampaigns and tuimplementable pr

Number of Intel p

Measuring

Evidence of

Innovation

by:


Life)

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2006 - IBM Global CEO Study on765 corporate and governmentleaders worldwide

Biggest identified obstacle forinnovation success = anunsupportive culture and climate

- ean xSigma (LSS) for

Innovation

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Used in the past primarily foroperational improvement,Lean Six Sigma aimseffectiveness, not justefficiency.

Companies must

not just imp


Innovation

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Lean = focus on reducing costthrough process optimization

Six Sigma = meeting customer

requirements and stakeholderexpectations, and improvingquality by measuring andeliminating defects

Companies must

not just imp


Innovation

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5 LSS l t I ti t


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5- LSS gave legs to Innovation at

Caterpillar

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20001997

Flat Revenues

JAN 2001

GOAL:Continuous,

Customer-drivenInnovation

27 Business Units

> 72,000

employees

6 continents

Vision of Cat

for 2020Customers

Data

Market

Data

CATs

Capabilities

Apply LSS

V

ChangeR&D

Develop NewMining

Truck

Proj

>1

spaw

Init


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6 - Intels LSS &

Systemic Innovation

LSS = a five-step process thatnarrows the field of inputsdown to the few key processinput variables (KPIVs)

SIfT = multi-step processdesigned to help understandthe What, Why & How of aproblem and then develop aninnovative solution.

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Thank you!

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Fostering Companies Innovation

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