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INNOVATION IN LARGE ENTERPRISES @lucamerolla

Innovation in Large Enterprises

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INNOVATIONIN

LARGE ENTERPRISES

@lucamerolla

1

WHY INNOVATION?

WHY INNOVATION?

THEY WERE THE ONLY ONES?

IN WHAT THEY HAVE FAILED?

IN WHAT THEY HAVE FAILED?

CHANGE & ADAPT

WHY THEY HAVE FAILED?

WHY THEY HAVE FAILED?

BUSINESS SCENARIOEXPERTS

CUSTOMERS

2

FROM STARTUPS TO LARGE ENTERPRISES

STARTUPLARGE ENTERPRISE

BUSINESS MODEL

SEARCHING VS EXECUTING

THE RISE OF THE INTRAPRENEUR

THE ROLE OF THE INTRAPRENEUR IS TO

DRIVE CHANGE AND INNOVATION

WHAT IS AN INTRAPRENEUR?

NO

BETTER AT THEIR EXISTING JOBS

YES

CREATE SOMETHING NEW THAT DOES NOT

CURRENTLY EXIST

3

GROW A CULTURE OF INNOVATION

COMPETITIVE ADVANTAGE IS REPRESENTED BY REPEATED INNOVATION

COMPANY CULTURE +

ORGANIZATION PROCESSES=

ENVIRONMENT

INNOVATION-FRIENDLY ENVIRONMENT GOAL IS TO PROMOTE

VALIDATION AND LEARNING PROCESSES.

INNOVATION EVENTS

CULTURE-ORIENTED

TIME-BOXED

PROCESS-ORIENTED

BROAD SCOPE

NEW IDEAS INTRODUCE CHANGES

CULTURE-ORIENTED EVENTS

FEDEX DAYSSTARTUP WEEKENDSINNOVATION SPRINT

PROCESS-ORIENTED EVENTS

20% TIMEINTRAPRENEURSHIP BOOTCAMP

20% TIME

VALIDATION POINTS

WEEKS20 6 - 8

PEOPLE

1

2

3 PITCH / DEMO

TEAM OF 2

TEAM OF 1

TEAM OF 3+

4

SWISSQUOTE BATTLE DEVS

24 HOURS

AUTONOMYCREATIVITY

INNOVATIONFUN!

MEANING

INNOVATION TO DEV. DEPTSHARED BACKGROUND

MAJOR CHALLENGES

PREVIOUS INNOVATION EVENTTIME-BOXED

COMMUNICATION (24H)

2014

LOCATIONS

PARTICIPANTS

IDEAS

96 101

2015

PROJECTS

3 3

49 33

21 21

BUSINESS 34% 100%

LESSON LEARNED

CLEAR RULESEVALUATION

FEEDBACKTHEMEPRIZE

5

INNOVATION METRICS

CURRENT ENTERPRISE METRICSFOCUS ON EXECUTION OF THE CORE BUSINESS

WE NEED DIFFERENT METRICS FOR THE INNOVATION ACTIVITIES

REPORTING KPIs

GOVERNANCE KPIs

GLOBAL KPIs

IDEATIONEXPERIMENTSHYPOTHESIS

REPORTING KPIs

COST PER LEARNINGKNOWLEDGE-TO-ASSUMPTION RATIO

EXPERIMENTING VELOCITY

FOCU

SEX

AMPL

ES

BOARD DECISION

INVESTMENT TO RIGHT IDEAS

GOVERNANCE KPIs

PROBLEM SOLUTION FITPRODUCT-MARKET FIT

FOCU

SEX

AMPL

ES

COMPANY STRATEGYSHAREHOLDERSPROFITABILITY

GLOBAL KPIs

INNOVATION CONTRIBUTIONINNOVATION CONVERSION

FOCU

SEX

AMPL

ES

INNOVATE ?

CHALLENGE THE STATUS QUO ?

DRIVE THE CHANGE?

CALL TO ACTION

NORMAL ROUTINE?

THANK YOU