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Weapons of Mass Innovation
                 Prof. Raphaël Cohen, PhD

            rc@getratex.ch or raphael.cohen@unige.ch
                    Mobile +41-79-6262383
                     Tel    +41-22-3469900
                 www.winning-opportunities.org

                                                        1




         Invest in the future because

        “Only paranoiacs survive” (Andy Grove, Intel)

          “Somewhere out there is a bullet with your
          company’s name on it. Somewhere out there
           is a competitor, unborn or unknown, that will
              render your strategy obsolete. You can’t
             dodge the bullet – you are going to shoot
            first. You are going to have to out-innovate
                           the innovators”
                            (Gary Hamel)




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   1
                       September 2012
Comparing
           startups and existing organizations
       Resource             Startups   Existing Organizations
       Money                  No                Yes
       Access to market       No                Yes
       Experience             No                Yes
       Equipment              No                Yes
       Network                 No                 Yes
       Equipment               No                 Yes
       Staff                   (?)                Yes
       Passion                 Yes                No
       Launching big idea      Yes                No




              Impact on job creation

                       Existing
                                       Startups
                      Entreprises




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com       2
                       September 2012
Sources of Innovation




        Employees have many ideas
           but very few are implemented…


           Why?
           Employees
            lack confidence in the idea
            are afraid of forgetting one parameter
            are afraid of refusal
            do not know how to sell a concept/project
               Insufficient business savvy




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   3
                       September 2012
Oracle Software Experience
               (within one 1000 people division)

         56% of the participants
         have initiated new projects
         that they would not have started without
         attending the IpOp Model workshop
         The IpOp Model tools have been used by 87%
         of the participants in their daily work

            Suitable tools are innovation enablers




            The IpOp Model toolbox
       Leads employees to seek opportunities
          that bring real competitive advantages
       Improves the success/failure ratio
          fewer aborted projects
          better use of resources
       Boosts pro active behavior to find solutions
       Increases employees’ engagement and retention




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   4
                       September 2012
Download
        free of charge
      www.winning-opportunities.org




       (retail price: USD 89)




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   5
                       September 2012
Teaching
                        business savvy
                           + agility




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   6
                       September 2012
AgilityBoosterTM approach

          Internal talent development program
          Toolbox for change agents (intrapreneurs)
          Real innovation project that must:
              be identified by the participants
             obtain resources and authorizations
             … be implemented




         Nestlé Africa business savvy
         New business model for the supply chain
           Significantly reduce retail price
           Increase market share
           Increase volume
           Maintain profit margin per unit
           Double farmers’ income
             Microcredit for farmers
             Partnering with Bill Gates Foundation
             ……..by unqualified engineers
             ….… as a side project (in addition to job)




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   7
                       September 2012
AgilityBooster results
        Out-of-the-box bottom-up innovations
        + 100 million in new business
           Measurable return on investment
           Training = Profit center
        Turns employees into proactive change agents
        Generates competitive advantages
        Lasting effect on innovation (ex HUG)
        Horizontal cooperation = breaks silos
        Builds network and peer support groups
        Higher engagement + retention




                    Why it works
            Trainers = ‘entrepracademics’
            (role models)
            Customized content to culture
            Long term coaching + team building
            Toolbox focusing on business agility
               Gives permission
               Increases self-confidence
               empowers people to seize opportunities




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   8
                       September 2012
You are seating
                   on a goldmine:
                    your employees

                  It is time to extract!




              Executive education
       Since executive education has to be
       provided anyway,
       Kill two birds with one stone:
           Use internal customized training as the vector for
              Boosting innovation
              Making money with a measurable output
              Developing people
              Turning them into change agents




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com       9
                       September 2012
To achieve sustainable growth

                 Main driver = innovation
                Followed by internationalization

                 Adaptability & Agility
               = key to future success




            Empower your people:

            by giving them tools to
          - test the merits of their idea
          - eliminate weak ideas
          - convince management




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   10
                       September 2012
The rule of the 5 P’s
       Give them Permission



       Protect innovators

                                   Power
                                     &
        Inspire with Passion    performance



       Process for innovation




                 Corporate innovation
         All innovation strategies deliver some results
         No single strategy is better than the others
         No strategy can be replaced by another
         The more concurrent innovation channels
         = the more innovation
         Each innovation channel
         creates synergies with the others (1+1 = 3)
         The most successful organizations are agile
         and constantly experimenting




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   11
                       September 2012
The entrepreneurship education
               …mistake
          Teaching how to launch a start-up and
          implement a project
          rather than teaching how
          to identify and validate opportunities

          Not only to potential entrepreneurs
          but to every engineer and scientist




         Plant seeds: teach the art of
           identifying opportunities
         Bridge science and business
         = business savvy without a full MBA

       ex: Swiss Federal Institute of Technology (EPFL):
         56 hours for the fundamentals
         taught by real entrepreneurs
         to students, Ph. D, assistants and professors
         No ambition to become managers
         Fun and entertaining




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   12
                       September 2012
Teaching business savvy
         Demystifies
         Inspires!!!
         Opens the mind to the possibility of
         identifying opportunities
         Shows that there are many roles
            No need to change career
         Delivers better cooperation
         inside organizations
            Career booster




            Agility + business savvy
                  are the secret
        For your employees
        For your potential entrepreneurs
        For your scientific/engineering students


           To prepare the future (= innovation)
           To adapt to a changing environment




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   13
                       September 2012
Climate-makers are
          responsible for the climate

                 Give permission to explore
                 Teach the innovation process
                 Expand students’ horizon
                 Create supporting conditions




                                    Our mission:




                        From caterpillars...
                        …to agile butterflies




© Raphael Cohen rc@getratex.ch www.ManagementBoosters.com   14
                       September 2012

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Weapons of Mass Innovation

  • 1. Weapons of Mass Innovation Prof. Raphaël Cohen, PhD rc@getratex.ch or raphael.cohen@unige.ch Mobile +41-79-6262383 Tel +41-22-3469900 www.winning-opportunities.org 1 Invest in the future because “Only paranoiacs survive” (Andy Grove, Intel) “Somewhere out there is a bullet with your company’s name on it. Somewhere out there is a competitor, unborn or unknown, that will render your strategy obsolete. You can’t dodge the bullet – you are going to shoot first. You are going to have to out-innovate the innovators” (Gary Hamel) © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 1 September 2012
  • 2. Comparing startups and existing organizations Resource Startups Existing Organizations Money No Yes Access to market No Yes Experience No Yes Equipment No Yes Network No Yes Equipment No Yes Staff (?) Yes Passion Yes No Launching big idea Yes No Impact on job creation Existing Startups Entreprises © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 2 September 2012
  • 3. Sources of Innovation Employees have many ideas but very few are implemented… Why? Employees lack confidence in the idea are afraid of forgetting one parameter are afraid of refusal do not know how to sell a concept/project Insufficient business savvy © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 3 September 2012
  • 4. Oracle Software Experience (within one 1000 people division) 56% of the participants have initiated new projects that they would not have started without attending the IpOp Model workshop The IpOp Model tools have been used by 87% of the participants in their daily work Suitable tools are innovation enablers The IpOp Model toolbox Leads employees to seek opportunities that bring real competitive advantages Improves the success/failure ratio fewer aborted projects better use of resources Boosts pro active behavior to find solutions Increases employees’ engagement and retention © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 4 September 2012
  • 5. Download free of charge www.winning-opportunities.org (retail price: USD 89) © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 5 September 2012
  • 6. Teaching business savvy + agility © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 6 September 2012
  • 7. AgilityBoosterTM approach Internal talent development program Toolbox for change agents (intrapreneurs) Real innovation project that must: be identified by the participants obtain resources and authorizations … be implemented Nestlé Africa business savvy New business model for the supply chain Significantly reduce retail price Increase market share Increase volume Maintain profit margin per unit Double farmers’ income Microcredit for farmers Partnering with Bill Gates Foundation ……..by unqualified engineers ….… as a side project (in addition to job) © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 7 September 2012
  • 8. AgilityBooster results Out-of-the-box bottom-up innovations + 100 million in new business Measurable return on investment Training = Profit center Turns employees into proactive change agents Generates competitive advantages Lasting effect on innovation (ex HUG) Horizontal cooperation = breaks silos Builds network and peer support groups Higher engagement + retention Why it works Trainers = ‘entrepracademics’ (role models) Customized content to culture Long term coaching + team building Toolbox focusing on business agility Gives permission Increases self-confidence empowers people to seize opportunities © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 8 September 2012
  • 9. You are seating on a goldmine: your employees It is time to extract! Executive education Since executive education has to be provided anyway, Kill two birds with one stone: Use internal customized training as the vector for Boosting innovation Making money with a measurable output Developing people Turning them into change agents © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 9 September 2012
  • 10. To achieve sustainable growth Main driver = innovation Followed by internationalization Adaptability & Agility = key to future success Empower your people: by giving them tools to - test the merits of their idea - eliminate weak ideas - convince management © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 10 September 2012
  • 11. The rule of the 5 P’s Give them Permission Protect innovators Power & Inspire with Passion performance Process for innovation Corporate innovation All innovation strategies deliver some results No single strategy is better than the others No strategy can be replaced by another The more concurrent innovation channels = the more innovation Each innovation channel creates synergies with the others (1+1 = 3) The most successful organizations are agile and constantly experimenting © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 11 September 2012
  • 12. The entrepreneurship education …mistake Teaching how to launch a start-up and implement a project rather than teaching how to identify and validate opportunities Not only to potential entrepreneurs but to every engineer and scientist Plant seeds: teach the art of identifying opportunities Bridge science and business = business savvy without a full MBA ex: Swiss Federal Institute of Technology (EPFL): 56 hours for the fundamentals taught by real entrepreneurs to students, Ph. D, assistants and professors No ambition to become managers Fun and entertaining © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 12 September 2012
  • 13. Teaching business savvy Demystifies Inspires!!! Opens the mind to the possibility of identifying opportunities Shows that there are many roles No need to change career Delivers better cooperation inside organizations Career booster Agility + business savvy are the secret For your employees For your potential entrepreneurs For your scientific/engineering students To prepare the future (= innovation) To adapt to a changing environment © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 13 September 2012
  • 14. Climate-makers are responsible for the climate Give permission to explore Teach the innovation process Expand students’ horizon Create supporting conditions Our mission: From caterpillars... …to agile butterflies © Raphael Cohen rc@getratex.ch www.ManagementBoosters.com 14 September 2012