keeping the momentum - innovation leaders roundtable by mti²

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Innovation Leaders Roundtable Keeping the Momentum www.mti2.eu

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Page 1: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Innovation Leaders RoundtableKeeping the Momentum

www.mti2.eu

Page 2: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

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

Page 3: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Innovation Leaders at the Roundtables

Page 4: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

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?

Page 5: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

INCREMENTAL VS. TRANSFORMATIONAL

How to balance between incremental versus transformational

projects

KEEPING MOMENTUMHow to keep momentum in order

to establish sustainable innovation

This Presentation: Sustain

Sustain

How to keep momentum in order to establish sustainable

innovation?

Page 6: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Sustain Innovation Efforts

Build to Last

Communication

Innovation Process

startendgates cycles

learn design sustain

innovate the innovation process

Clear Expectation

s

Innovation Leader

sustainable innovation process

Page 7: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Build to Last

Build innovation processes that fit the company strategy

Build the foundations to last: set up a dedicated organization and allocate sufficient resources

Build a process first, then run a pilot and optimize over time

Page 8: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

The Role of the Innovation Leader

The face of innovation The task of an innovation

leader cannot be delegated Communication ensures

engagement

Page 9: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Set Clear Expectations

Set clear goals and expectations in line with strategy

Clearly communicate innovation goals

Run, get feedback, learn and improve Refuse/reject ideas that do not fit the

set goals

Page 10: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Design Sustainable Innovation Process

Too little or too much innovation may kill you

Start with pilot, then expand, don’t overburden your organization

Don’t transfer grassroots innovation too early nor too late to the business units

Find the best rhythm for your company; think about how frequently to organize a cycle

Page 11: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Change is the New Normal

Turn your process into culture Innovate the innovation

process: expose yourself to fresh insights from inside and outside your industry

Importance of governance at all levels: know roles and responsibilities of each

Page 12: Keeping the Momentum - Innovation Leaders Roundtable by MTI²

Innovation Leaders RoundtableKeeping the Momentum

www.mti2.eu