Fostering innovation in industry · FOSTERING INNOVATION IN INDUSTRY MOHAB ANIS, PHD, MBA CEO. ......
Transcript of Fostering innovation in industry · FOSTERING INNOVATION IN INDUSTRY MOHAB ANIS, PHD, MBA CEO. ......
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FOSTERING
INNOVATION
IN INDUSTRY
MOHAB ANIS, PHD, MBA
CEO
A Unique Heritage of Consulting & Management Education
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Management EducationInnovation Department Heads of Graduate Business Schools
1985
2004
Management ConsultingInnovation Practice Leaders at
Arthur D. Little and Monitor Group
Innovation Management Capability Building
2002
1964
2009
Founded 2007
2009
2005
Founded 2010
2015
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Innovation Interventions
Tech. Transfer Innovation Readiness Assessment
InnovationStrategy
Innovation CultureOnline & Mobile
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Innovation Health Check1
Description
Innovation Strategy• Vision and strategic focus on innovation• Implementation of strategy
Organisation and Culture• Roles and responsibilities• Organisational structure• Organisational culture and climate
Innovation Life Cycle Processes• Idea management • Product/Process and Service Development• Launch and Continuous Improvement
Enabling Factors• Project management• Human Resources and Incentives• IT and Knowledge Management
Innovation Results
Org 3
Org 2
Org 11
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Innovation Results
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Enabling Factors
Innovations-Organisation and Culture
Innovation Strategy
Idea management
Product/Service/Process development
Launch/ Continuous Improvement
Innovation Lifecycle Processes
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“A.T. Kearney House of Innovation”
Assess and benchmark your innovation capabilities and pin-point the root cause
Innovation Readiness Assessment
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Innovation Health Check1
Innovation Readiness Assessment
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Innovation Readiness Assessment
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Innovation Strategy2
Eureka! Workshop
Pursuit Teams
Realization Teams
New Field of Play
Innovation Pipeline
Business Concepts Business CasesIdeas Artifacts, Experiments, and Business Plans
PROTOTYPE
Generate Better NewBusiness Concepts
Build More Compelling Value
Propositions and Business cases
Develop Actionable Plans for Faster
Launch and Scale-up
Identify your growth areas, to generate new ideas, develop new projects, launch new services or choose the right program
Innovation Strategy
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You need more dots and a structure to look at the dots
Your Company
Competitors & Adjacencies
Up-and-Down the Value Chain
Changing Needs
Future Trends
Multisource To Get Lots of Dot Organized on a Business
Opportunity Map (BOM)
Innovation Strategy
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To define a clear innovation focus requires five steps, each with a set of activities and outputs associated with it
Set Objectives and targets
Organize + Connect the Dots
Generate Ideas Prioritize + Refine
ConceptsSet the Action
Plans
OU
TPU
TS
Next StepsBusiness
Opportunity Map
Strategic Innovation
Focus
Business Concepts / Initiatives
Prioritized Concepts / Initiatives
Innovation Strategy
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The type of concept generated is based on which dots are used to form the concepts
• Concepts where all dots are from within the core
Incremental Concept
• Internal Employees
Breakthrough Concept
• Concepts where at least 2 of the dots are within core
• Actionable concept because of dots within the core
• Internal Employees• External partners
Radical Concept
• Concepts where all dots are from out of the core
• R&D team• Out-of-the-box, visionary
or imaginative people
1 2 3
De
fin
itio
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ho
Innovation Strategy
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Energy efficiency SegSegmentation Segmentation
Privacy, Customization
Dorm students, GCC labor
Innovation Strategy - Case Study
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New Field of Play
Innovation Strategy – Case Study
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Scouting & Evaluation
Development Commercialization
During the Research Phase
1. Technology
Scouting
2. Technology &
Market
Evaluation
3. Utilize
Technologies
that are Available
1. Valuate
Technologies to be
Acquired and
negotiate Licensing
Terms
2. Acquire
Technologies that
Improve your
Products
1. Market Business
Plans
2. Implemented
Digital Strategy
3. Sell Product to
Create New
Revenue Streams
Technology Transfer
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Technology Transfer: Case Study
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Culture of Innovation
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• Innovation can be learnt.
• Work on innovation culture, while the broken education system is slowly being fixed
• Empower youth / SMEs and your job as policy makers will become easier. Policies can sometimes be rigid and not interesting
• Use Technology – Targeted, Inexpensive, scalable & sustainable
• Let the private sector manage & execute programs
Last Points
Egypt (IXL-Center Cairo Office)
Alcatel-Lucent Building, 3rd FloorBuilding 7, Street 22, Smart VillageGiza, 12577, EgyptTel: +202 35370251Fax:+202 35370252
Boston – United States
110 Cambridge StreetCambridge, MA, USA 02141Tel: +1 617 [email protected]