37. VISION
Be recognized by clients & staff as a innovation leader in our market space
WHERE WE
WANT TO GO
HOW WE GET
THERE
OUR
COMPASS
Leverage both incremental and disruptive innovation to drive client delight, excite our brand,
develop new revenue streams, slash the cost base, and inspire and engage employees
APAC Innovation Program Strategic Intent (2018)
37
We define Innovation as the commercialization of ideas. Our Innovation may be small and
incremental or large and game changing. Innovation is often unsuccessful, and failure must be
encouraged too. While it may be shepherded by a small group of designated evangelists,
innovation must be owned by everyone at all levels or it will not become part of the firm’s DNA.
KEY OBJECTIVES
• Reboot operating model to facilitate & govern process
• Make a real, visible commitment – marketing messages & budget /
resource allocation
• Develop and launch controlled Ideation program
• Back 3-5 internal ventures
• Develop open innovation program, focusing on FinTech start-ups
VALUES
Engagement, Commercial, Disciplined
38. Ensure a fertile landscape for innovation
STRATEGY INFRASTRUCTURE CULTURE RESOURCING
GOALS
Define and communicate
a clear vision of why
innovation matters, where
we aspire to be because
of innovation, and what
success means tangibly.
Agree on, indoctrinate,
and live out the values
that drive innovation.
Agree on, rollout, and
monitor a practical tactical
mission and plan that will
help us deliver our vision.
ACTIVITIES
• Define Strategic Intent
(Vision, Mission,
Values) aligned to
platform and business
goals
• Define & execute
Comms Plan
• Align operational
tactical plans to
strategy
• Measure / monitor
strategy execution
GOALS
Ensure that the environment
is as conducive to innovation
as possible.
ACTIVITIES
• Budget and resourcing
allocation
• Innovation Labs
• Ideation & Collaboration
Tools
• Incentives & other
policies
• Physical environment
GOALS
Create a culture that
encourages innovative
behavior.
ACTIVITIES
• Identify and coach out
derailing behaviors
• Formally celebrate /
communicate success
& failures
• Propagate stories /
legends
GOALS
Ensure that we have enough
intrapreneurs with the right
diversity of capabilities and in
the right organizational roles
(seniority & coverage) to
instigate and drive change
and remove staff who would
derail the program.
Also, ensure that we have
the right partner set and
sensing processes to drive
innovation from the outside.
ACTIVITIES
• Organizational Design,
role definition, & diversity
strategy
• Sourcing
• Screening
• Induction
• Training
• Mobility
• Pruning
39. Support the whole innovation lifecycle
39
INCULCATE IDEATE INCUBATE INNOVATE
GOALS
Use Culture, Staffing,
Comms, Environment, &
Infrastructure to drive day-to-
day innovative thinking and
behavior by empowering
employees.
They can do it. They have
authority to do it. They have
the space and time to do it.
They have the tools and
training to do it. They have
the organizational tolerance
of failure to do it.
ACTIVITIES
• Innovation Culture
stewardship
• Coordinate with staffing
& leadership dev
• Innovation &
collaboration tools
identification &
deployment
• Reporting & other
communications
• Intrapreneurial coaching
& mentorship support
GOALS
Ensure a fluid, rapid flow of
ideas from inside and outside,
from top to bottom, and across
the organization’s business
lines and functions.
Make it easy for anyone to find
out to whom new ideas should
go. Provide an infrastructure
that allows the organization to
ponder, capture, share, filter &
qualify good ideas and to save
ideas that are good, but not
ready to incubate.
ACTIVITIES
• Manage ideation &
collaboration tools &
programs (and archive)
• Problem statement
definition & qualification
• Drive External Innovation
(competitors, customers,
universities, wild cards,
etc) program, linkages, and
agreements
GOALS
Create space, budget, and
project management support
to convert good ideas into
practical prototypes and pilots.
Track, measure, and monitor
projects and spend to ensure
efficient and effective
deliverables.
ACTIVITIES
• Manage R&D Labs
• Manage skunk works
projects & internal
ventures
• Lobby for and manage
venture budget
• Execute stage-gate and
governance processes to
qualify and monitor
venture projects
GOALS
Transform the right set of
prototypes into commercial
change. Launch new products
to market or implement
organizational change on a
wide scale.
ACTIVITIES
• Facilitate front-to-back
business sponsorship from
ideation stage through
commercialization)
• Oversee productionization
/ commercialization and
change management
• Internal sales and
marketing
• Track business benefits
40. How we do it – business transformation plan (sample)
40
STRATEGY INFRASTRUCTURE CULTURE RESOURCING
INCULCATEIDEATEINCUBATEINNOVATE
INITIATIVES
Project A Q4 LL
Project B Q4 LL
Project C Q4 AR
INITIATIVES
Project J DONE ET
INITIATIVES
Project S Q4 ET
Project T Q4 ET
INITIATIVES
Project N DONE ET
Project O Q4 ET
INITIATIVES
Project H DONE ET
Project I Q4 ET
INITIATIVES
Project D DONE SP
INITIATIVES
Project E DONE SP
INITIATIVES
Project K DONE SP
Project L DONE ET
Project M Q4 ET
INITIATIVES
Project P DONE PS
INITIATIVES
Project G DONE KY
INITIATIVES
Project F Q4 ET
INITIATIVES
Project Q DONE PS
INITIATIVES
Project W DONE ET
INITIATIVES
Project U DONE ET
INITIATIVES
Project R Q4 ET
INITIATIVES
Project V Q4 PS
41. Clarify your scale
Widen your scope
Use all your tools
Get dirty
Be integrative, holistic,
iterative
43. SHARE THIS DECK
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