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Innovation Leaders RoundtableBalance Incremental & Transformational Innovation
www.mti2.eu
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
Innovation Leaders at the Roundtables
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?
INCREMENTAL VS. TRANSFORMATIONAL
How to balance between incremental versus transformational
projects
KEEPING MOMENTUMHow to keep momentum in order
to establish sustainable innovation
This Presentation: Balance
BALANCE
How to balance incremental versus transformational
innovation projects?
Balance Your Innovation Efforts
IncrementalInnovation
Strategy
TransformationalInnovation
StrategyMulti-Disciplinary
Teams
Business Budget
DecisionMaker A
Central Budget
DecisionMaker B
$$ $$
$ $$$
Talent Governance OutcomeStrategy
Strategy: Set a Clear Intent
Objectives need to be clearly set: core (incremental) or transformational or both?
Continuous re-evaluation needed (moving target)
Innovation process to be continuously re-evaluated
Talent: It Starts with the People
Can you hire for disruption? Make teams more multi-disciplinary!
Know your company: where do idea clusters form? Who are the disruptors?
Hire outside your company for new and fresh disruptive ideas
Innovation campaigns teach the company what lives in the organization – critical input to management on strategic domains
Governance: Different Organization
Organizing for transformation is different than for incremental innovation
Transformational innovation needs a central budget (independent from the business)
Need different decision makers for each strategy
Hire intrapreneurial talent focused on execution
Central Budget
DecisionMaker B
$ $$$
Business Budget
DecisionMaker A
$$ $$
Innovation Leaders RoundtableBalance Incremental & Transformational Innovation
www.mti2.eu