2. Contents
Innovation Inspiring
About IDB
@IDBG Innovation
Vision IDB Innovation Gardening
Priority Areas Framework Innovation
Structure IDB Innovation Scoping
Member Enablers Challenges
- Leadership
Countries Workable plans
- process
Projects,
- Culture
REFORM - roles
- technologies
- networking
3. About IDB
Vision
Priority Areas
Structure
Member Countries
Projects,
REFORM
4. Innovation in the IDBG
About the Islamic Development Bank
Vision 1440H (2020)
“ By the Year 1440H (2020) IDB shall have become a world-class
1440H (2020) world-
development bank, inspired by Islamic principles, that has helped
significantly transform the landscape of comprehensive human
development in the Muslim world and helped restore its dignity.”
Mission Statement
“ We are committed to alleviating poverty, promoting human
development, science & technology, and Islamic banking & finance, and
enhancing cooperation among member countries, in collaboration with
development partners”
4
5. Innovation in the IDBG
About the Islamic Development Bank
IDB: Six Priority Areas
Human Development
Agriculture Development and Food Security
Infrastructure Development
Intra-
Intra-trade Among Member Countries
Private Sector Development
Research and Development in Islamic
Economics, Banking and Finance
5
6. Innovation in the IDBG
About the Islamic Development Bank
The 2020 Vision: Key Strategic Thrusts
• Reform IDB
• Alleviate poverty
• Promote health
• Universalize education
• Empower women
• Prosper the people
• Expand the Islamic financial industry
• Facilitate integration of IDB Member Countries
• Improve the image of the Muslim world
7. IDB Group BOARD OF
Organizational GOVERNORS
Structure
BOARD OF EXECUTIVE
DIRECTORS
IRTI ICIEC
1981 1994
IDB Group
President
ICD ITFC
1999 2008
VP
VP VP
(Corp Chief
(Fin.) (Opr.)
Serv.) Econ.
8. Innovation in the IDBG
About the Islamic Development Bank
Islamic
Development
Bank (IDB)
Islamic
Corporation for Islamic Research
Insurance of & Training
Investment & Institute
Export Credit IDB
Group
Islamic
Corporation International
for the Islamic Trade
Development Financing
of the Private Corporation
Sector
8
9. Innovation in the IDBG
About the Islamic Development Bank
Growth in Membership
Europe: 2 Asia: 26
Africa: 27
Latin America: 1
• A Unique Model of South-South Cooperation
• 56 members spreading over 4 continents
• 22 countries in 1975 → 56 countries in 2009
9
10. Innovation in the IDBG
About the Islamic Development Bank
IDB Group Products and Services
• Financing of Projects (Public and Private)
• Promoting the Islamic Financial Industry
• Trade Finance and Promotion
• Capacity Building and Technical Cooperation
• Risk Insurance
• Research and Training
• Fund/ Asset Management
10
11. Innovation in the IDBG
About the Islamic Development Bank
IDB Group Special Activities
• NGOs and Women-In-Development (WID)
• Scholarship Programs
• Science & Technology Program
• Investment Promotion Technical Assistance Program
(ITAP)
• Trade Cooperation & Promotion Program (TCPP)
• Special Assistance
11
12. Innovation in the IDBG
About the Islamic Development Bank
Cumulative Sectoral Distribution
(Projects & TAs from OCR)
12
13. Innovation in the IDBG
About the Islamic Development Bank
IDB Reform Aspirations
FROM TO
Finance Focused Development Focused
Infrastructure Centric People Centric
Traditional Economic Innovation & Knowledge
Development Programs Intensive Economic Dev
Internal Driven Partnership
Follow Lead (Facilitate)
Output Oriented Impact Oriented
14. Innovation in the IDBG
About the Islamic Development Bank
Proposed Reform: Repositioning IDB Group
Results Scaled up
Oriented
Leveraging A New IDB Focused
Partnerships Group
Responsive to Knowledge-
Clients Oriented
14
16. Innovation in the IDBG
Types of Innovation
Product/Services
Innovation
Process innovation
Management Innovation
17. Innovation in the IDBG
IDBG Innovation Framework
IDBG Internal Market need & Innovation in the Member
Operational Excellence Offerings countries
• Market needs, trend
Focus • Strategic realignment based solutions • IDBG -Idea incubator
• Improved processes • New channels, paths • Collect, evaluated and
• Cost cutting to reach out reward good ideas
• Teamwork and • Innovative ideas to • Finance implementation
partnering address development of ideas
needs
Enablers
• Leadership support • Roles, Technologies, Tools
• Innovation Management Processes • Innovation sourcing and
• Innovation Climate partnerships
18. Enablers
Leadership
Innovation in the IDBG
Innovation Mgt Process
Innovation Climate
Culture of creativity
Innovation
Tools, Technologies & Roles
Partnership & Networking
Capacity
19. Innovation in the IDBG
Innovation Enablers : :
Leadership support
IDB Group President Dr. Ahmad Mohamed Ali launched the
Innovation Program by calling a Town-Hall meeting with all staff
The Advisors of the President closely monitor the program
The program is placed under the Office of the President
All Department Heads are aware and encouraged to support
innovation and creativity at the workplace
20. YOUR WORLD, THEIR WORLD CAN BE BETTER….
BREAK THE STATUS-QUO,
MAKE BOTH WORLDS A BETTER PLACE
06 JUNE 2010
21. Innovation in the IDBG
Leadership support
The ground work for the innovation program was started in April 2010
with the appointment of the Innovation Facilitator.
On June 6, 2010, The President launched the program inviting all staff
in a town hall gathering. All the Senior Management were present in
that meeting.
The Town-hall was a big blast as it introduced few new items for IDB:
- A week-long electronic promotions of the event
- Colorful Banners along with bulb cuts
- Video interviews of the staff on innovation
- Presentation of IDB’s own innovation case studies
- A multimedia show
- The plans for Innovation@IDBG
22. Innovation in the IDBG
Leadership support
We want each individual of the IDBG to
‘ be a Think Tank. I say this as I am
confident that each one can contribute.
Each one of us should be a part of the
development of IDB to be a knowledge
institution and this can only be done by
innovation.
’
Dr. Ahmad Mohamed Ali
President - IDB Group
23. Innovation in the IDBG
Leadership support
The President
Office of the
Advisors
President
Innovation
Facilitator
VP Corporate
VP Finance VP Operations
Services
24. Innovation in the IDBG
Innovation Enablers : :
Innovation management process
Conception Implementation Marketing
Idea Funding, Adaptation
Generation, Workforce, Value
Collection, Testing Creation
Evaluation Support Acceptance
25. Innovation in the IDBG
Innovation Enablers : :
Innovation management process
Three major stages in innovation management- Conception, Implementation,
Marketing
IDB’s current focus is in Conception and Implementation; still drafting
guidelines on Marketing
Clearly defined Idea Management workflow; Including the President
in the workflow gives staff a sense of trust and assurance
Implementation at this stage belongs to the Departments but team-based
project implementation will be introduced soon.
26. Innovation in the IDBG
Innovation management process
Idea Management Workflow
Initial Screening
Idea
Innovation The President; Department
Screening
Facilitator Vice Presidents Head
Team
Compiles submissions The team consists of Following the Department(s) study the
sent through the Advisors of the President President’s guidance, ideas in terms of feasibility,
IDEAS Email-box and and randomly chosen staff the ideas are sent to the implementability and cost
floor mail box and from various complexes concerned departments and sends feedback to
presents to the idea screen ideas and submit to through the VPs and the management for decision.
evaluation team the President. CE
27. Innovation in the IDBG
Innovation management process
Idea Management Workflow
Idea Implementation- mostly internal improvement ideas
Department
Management
Head
Approved ideas will go to the Department concerns start implementation
Dept Head through the VP process. They may consult the originator of
concerned and the CE the ideas and form a team for developing
project implementation plan
28. Innovation in the IDBG
Contribute
Idea Management Flowchart
ideas in
Staff IDEA MGT
SYSTEM
Review and
Send ideas to Dept/Team
dept/ team
Innovation
Facilitator
Study
ideas -
value
The
added?
Compile President/
Yes No
and VPs
Present
Yes Develop
Prototype Differ
Evaluate & test Idea
Ideas
Ideas –
Screening value
Team added?
Discard
Successful No the
No
implemen Idea
tation?
Send to the originator to
improve, clarify or discard Yes Bank-wide
acceptance
29. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Top mgt Open space
Open and
Encourage provides design,
Sharing
risk taking support, collaboration
Culture
Rewards teamwork
30. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Culture is the biggest challenge for IDB
People avoid risk-taking task/behavior and no proper rewards
scheme for risk-takers
Lack of teamwork and cross departmental collaboration
Office space arrangement creates silos
A number of ‘Change Management’ initiative have been considered
and started implementation
Leveraging the Young Professionals (YPs)
31. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
IDB Demographic Facts Multicultural ( from 65 countries), conservative
workforce and nature of work is still bureaucratic.
700 619 Top 10 Nationalities
600 200 168
Professional
500 150 131
Special
400 100 72 64
General 272 53 45 40 37 34 32
300 50
200 136 0
100
0
Professional Special General
32. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Change Management Roadmap
Rituals &
Level of adaptation
institutionalize
Practice &
Reinforcement
Awareness &
Desire
Year 1-2 Year 2-3 Year 3-4
Time
33. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Change Management Roadmap Awareness & Desire
Branding & Training & Talk Town Hall & IDB Success
Communication Series Innovation Fair Stories
• Innovation Logo
• i-News • Trainings & • Town Hall sessions • Identify IDB
• Posters Workshops for chaired by the Innovation stories
• Stickers staff President • Story presentation
• Innovation Zone! • Series of talks by • IDB Innovation • Story publication
• Monthly Status external speakers Day
report to the
President
• Report to BED
• Dept Briefs
34. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Change Management Roadmap Practice & Reinforcement
Collaboration Innovation Rewards & Innovation in
across Bank Resources Recognition HR
Management
• Innovation CoPs • Innovation • Annual Innovation • Innovation as a
• Enhanced Ambassadors Award competency
Teamwork • Central of • 3-stage incentive • Innovation in
• Cross entities Innovation scheme appraisal
Ideas exchange excellence • Featuring ‘Good • YPs & Innovation
and Best Practice • Innovation Tent! Ideas’ in the portal
sharing • Funding for
innovation
35. Innovation in the IDBG
How to motivate people to
share ideas?
Incentive Program
Encouragement by Senior Management for
contributing any ideas
Provide Incentives- at 3 stages
1. At the inception of ideas
(after submitting ideas in the Idea Mgt
System )
2. When the idea is chosen for pilot test
(Idea evaluation comm will validate idea
and send to specific dept to test)
3. After successful implementation
(Dept successfully tests and implements
Bank-wide)
36. Innovation in the IDBG
Innovation Enablers : :
Innovative Culture
Change Management Roadmap Rituals and institutionalize
Client-centric Innovation as IP /IC policies & Measuring value
new services core values creation from Innovation
• Systematic • Reflection of • Policies to protect • Innovation metrics
approach in innovation in IC • Client satisfaction
u/standing Bank’s strategy • IP sharing policies • Development
client/market • Innovation as core • Increase IP Impact
need values creation
• Team to develop
specific
solutions/services
based on the need
37. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Roles, IT Budget for
Dedicated Collaboration prototype
team, tool, Idea Mgt testing &
committee system, implementation
KM system
38. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Innovation Facilitator; Innovation Set-up Team
Idea Screening Team
Innovation Ambassadors
Templates and forms to study ideas
Idea Management System
Innovation Zone Portal
Budget allocation to run the program
39. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Roles
An official role, Innovation Facilitator to coordinate and inspire all
innovation related activities in the Bank Group, placed under the Office of the
President
The Innovation Set-up Team consists of Volunteers from various
departments, mostly young professionals
Idea Screening Team consists of members from the senior management;
represents HR, Administration, Finance, Operations and REFORM unit
Innovation Ambassadors- Terms and References has been drafted;
ambassadors will be chosen soon.
40. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Tools
Idea Forms- Idea Submission Form, Idea study feedback form, idea
implementation plan form
Brainstorming tools, Mind Mapping, Concept mapping, Idea Spray,
Appreciative enquiry, creativity tools
Project Management tools- forms, templates, software
Budgeting and Financial planning forms, templates
41. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Technologies
Innovation Zone- one-stop information portal based in Sharepoint 2010
Idea Management System- for idea submission, rating and
discussion
Project Management software
42. Innovation in the IDBG
Innovation Enablers : :
Roles, Tools, Technologies
Innovation Portal
43. Innovation in the IDBG
Innovation Enablers : :
Partnership & Networking Capacity
Client ( MC) & Joint Partnership
market Research with Open Source
needs program with development Innovation
assessment Universities organizations
44. Innovation in the IDBG
Innovation Enablers : :
Partnership & Networking Capacity
Partnership with local agencies, organizations to understand clients needs
better
Partnership with other development Banks to conduct joint-research
program, prototype development
Partnership with companies to market newly developed prototypes
Partnership with institutions to organize forums, conferences
Network with other development organizations like the UN, DFID etc to
share ideas, issues and crowdsourcing
46. Innovation in the IDBG
Inspiring Innovation in IDB Member Countries
Inspiring Innovation and creativity in order to confront challenges,
alleviate poverty, achieve social justice and protect the environment
IDB might establish special agencies for innovation to encourage
partnership between Governments and the private sectors to –
o invest in inventions and technology
o tie scientific research to development and investment
o build bridges between professionals and scientists
o increase the capabilities of scientific and research institutions and
o offer stimulants for investment in technology and inventions through the
purchase of pre-paid services and tax relief.
47. Innovation in the IDBG
Inspiring Innovation in IDB Member Countries
Gardening Innovation
Watering ( finance, support to innovators)
Removing weeds ( competition, deregulation)
Nurturing soil ( research, information)
Preparing the ground (education) Source: The World Bank
48. Innovation in the IDBG
Inspiring Innovation in IDB Member Countries
IDB might assist member countries in developing innovation framework,
policies, guidelines.
IDB to support development of regulatory framework, define
performance standards, IP policies guidelines and consult Governments on
related policy matters.
IDB to finance R&D work and also helps in developing R&D infrastructure,
Science park in the member countries.
IDB to provide training programs, learning modules in the schools and/or
set up smart schools in member countries.
IDB to finance prototype development and market new products
49. Innovation in the IDBG
Inspiring Innovation in IDB Member Countries
Challenges in Gardening Innovation
Scope of work doesn’t allow IDB to influence Governments in the MCs
Resource constraints- lack of workforce to initiate such a big agenda,
financial limitations are there
Need to establish networking capacity with international and local
agencies in the MCs
Need to develop a database of innovation capabilities of the MCs
50. Innovation in the IDBG
Inspiring Innovation in IDB Member Countries
Workable plans
Identify the countries that have an innovation framework- policies,
infrastructure, resources- learn and replicate to similar countries
Set up an idea incubator- invite people to send their breakthrough
ideas- evaluate and finance to develop prototype and find partners
to commercialize
Organize conferences, seminars in the MCs to create awareness on
innovation