harnessing business innovation
DESCRIPTION
Dr Cathy Garner , CEO, Manchester Knowledge capital talks about the work M:KC have undertaken on behalf of the city of Manchester to develop and harness business innovation. The presentation was delivered at NESTA's Driving Innovation in Cities - Lessons Learnt from Manchester Event on 22 July 2010TRANSCRIPT
Manchester Awarded Most Admired Knowledge City Region 2009
Harnessing Business Leadership
Dr Cathy GarnerChief Executive Officer,Manchester : Knowledge Capital
Manchester Awarded Most Admired Knowledge City Region 2009
• 2007 – Stakeholder Groups (usual suspects/predominantly public sector/usual analysis)
• 2008 – Innovation Teams (unusual suspects/private sector/new ideas) (70 leading business people specially selected: external challenge)
– Digital
– Creative Industries
– 21st C Logistics
– Advanced Manufacturing
– Sport
– Health and Life Sciences
Define the Opportunities
• Orient team
members• Define desired
Outcomes• Discuss strategic
Recommendations • Begin prioritization
[PAIN]
Form Business Plans
• Select priorities• Identify
timeframes• Identify cross-
cutting issues• Identify critical
resources• Identify
sustainable champion
[AGONY]
Finalize & Execute
• Gain consensus on each element of plans
• Select performance metrics
• Finalize implementation direction and goals
[DELIGHT]
Leadership or Team member org. implements
Non- Team/ Committee member org. implements
Cross-cutting partnership implements
Finish DateStart Date
Interim Meeting Assignments
Innovation Teams present business plans to Leadership Team
Our Approach to Consensus Building: Innovation Teams
A disciplined process for achieving significant progress in an accelerated timeline: Innovation Teams of 10-15 individuals with senior expertise and know-how
© M:KC/ NES
Manchester Awarded Most Admired Knowledge City Region 2009
Key:
Public
Private
Academic
Charity/ NFP
Image & analysis by Daniela D’Andreta
Manchester Awarded Most Admired Knowledge City Region 2009
Innovation Boardroom
Manchester Awarded Most Admired Knowledge City Region 2009
• Innovation Manchester Network– Growing the Network – deliberate actions (Innovation Activist);
Enlightened Self Interest;
– Maintaining the Network (Social Media strategy)
– Leveraging the Power of the Network for Economic Growth: Examples:• Members reaching into M:KC as/for partners;• Improved networks inside the universities;• Airport; Chamber of Commerce Awards and RAW2010;• Major corporates reaching into MCR for links to supply chains and
customers for open innovation;• Entrepreneurs inspired by involvement to set up own funds in MCR• Direct spin-offs from projects
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Manchester Awarded Most Admired Knowledge City Region 2009
• Summary on Engaging Business Leadership for Innovation and Economic Growth:
1. Create a community - HOW you do this is vital – the WHAT will follow
2. Innovation Process is structured AND creative
3. Get the right PEOPLE to help
4. Keep up the Momentum and Refresh/use social media
5. Ingredients are necessary but not sufficient
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Manchester Awarded Most Admired Knowledge City Region 2009