Raising innovation in Ontario
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Half day open training event for HR professionals and managers on improving levels of innovation in the workplace held in Toronto.
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Raising innovation in Ontario
- 1. Raising innovation in Ontario by Toronto Training and HR May 2013
- 2. CONTENTS 5-6 Definitions 7-9 Drivers of innovation 10-11 Major categories of innovation 12-13 Skills to lead innovation 14-15 An innovative culture 16-17 Innovation in multi-invention contexts 18-19 Drill 20-21 Members of a team and innovation 22-23 Mediating team processes 24-25 Practices which set innovative organizations apart 26-27 High-performing organizations and innovation 28-30 In-hand innovation 31-32 Managing empirical innovation at J & J 33-34 Business innovation indicators in Canada 35-36 Performance indicators to measure motivation in Canada 37-38 Measurable elements of GDP per capita 39-41 How does Canada compare? 42-43 Innovation pathways in Canada 44-45 AIMS for innovation in Canada 46-47 Comparing Canada to the US 48 Case studies Page 2
- 4. Page 4 Introduction to Toronto Training and HR Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden 10 years in banking 10 years in training and human resources Freelance practitioner since 2006 The core services provided by Toronto Training and HR are: Training event design Training event delivery Reducing costs, saving time plus improving employee engagement and morale Services for job seekers
- 6. Definitions • Innovation • Invention • Creativity • Theories of innovation Page 6
- 7. Page 7 Drivers of innovation
- 8. Drivers of innovation 1 of 2 • Skilled workers • Capable managers • Scientific and engineering talent • Investments in technology • Vigorous competitors • Clusters of people and businesses • Balanced regulatory environment Page 8
- 9. Drivers of innovation 2 of 2 • Pressure • Support Page 9
- 10. Page 10 Major categories of innovation
- 11. Major categories of innovation • Finance • Process • Delivery • Offering Page 11
- 12. Page 12 Skills to lead innovation
- 13. Skills to lead innovation • Associating • Questioning • Observing • Experimenting • Networking Page 13
- 14. Page 14 An innovative culture
- 15. An innovative culture • Leaders visibly promote new ideas from all areas of the organization • Entrepreneurial and risk-taking behaviors are encouraged • Growth as a result of innovation is considered as important a goal as cost reduction • Learning from mistakes is important, with toleration for failure Page 15
- 16. Page 16 Innovation in multi- invention contexts
- 17. Innovation in multi-invention contexts • ARM • Kentron Technologies • RIM Page 17
- 18. Page 18 Drill
- 19. Page 19 Drill
- 20. Page 20 Members of a team and innovation
- 21. Members of a team and innovation • Creative team members • Conformist team members • Attentive-to-detail team members Page 21
- 22. Page 22 Mediating team processes
- 23. Mediating team processes • Task conflict • Team potency • Adherence to standards Page 23
- 24. Page 24 Practices which set innovative organizations apart
- 25. Practices which set innovative organizations apart • They have diverse teams • The work best without barriers • They encourage employees to share and nurture their passions at work-within reason Page 25
- 27. High-performing organizations and innovation • Sources of innovation • Recognition of innovation as a competency • Learning strategies that foster innovation • Roadblocks that inhibit innovation Page 27
- 29. In-hand innovation 1 of 2 • Innovations that were previously developed but never launched, owing to circumstances that may have changed • Features of past products that may meet newly critical customer needs • Existing offerings that should be repositioned, because customers like them for unforeseen reasons Page 29
- 30. In-hand innovation 2 of 2 • Elements of bundled offerings that could stand alone • New combinations of elements, in which the bundled value to customers is greater than the sum of the parts • Overdesigned offerings that could be pared down for less-demanding customer segments Page 30
- 31. Page 31 Managing empirical innovation at J & J
- 32. Managing empirical innovation at J & J • Focus • Shape • Persist Page 32
- 33. Page 33 Business innovation indicators in Canada
- 34. Business innovation indicators in Canada • Expenditure on research & development, as a % of GDP • Direct and indirect government funding of business research & development, as a % of GDP • Investment in machinery and equipment, as a % of GDP • Venture capital, relative to GDP Page 34
- 35. Page 35 Performance indicators to measure innovation in Canada
- 36. Performance indicators to measure innovation in Canada • Talent • Research and development • Innovation Page 36
- 37. Page 37 Measurable elements of GDP per capita
- 38. Measurable elements of GDP per capita • Profile • Utilization • Intensity • Productivity-industry mix, cluster mix, cluster effectiveness, urbanization, education, capital investment and productivity residual Page 38
- 39. Page 39 How does Canada compare?
- 40. How does Canada compare? 1 of 2 • Higher education performance of R&D • Intensity of R&D • R&D share of value added in industry • Distribution of business performance by R&D by revenue size of organization • ICT capital intensity • IT services intensity • Cross-border trademarks per million population Page 40
- 41. How does Canada compare? 2 of 2 • Graduation rates from tertiary education • Graduates of doctoral (advanced research) programs per million of population • Total number of degrees granted in doctoral (advanced research) programs • Private internal rate of return for an individual obtaining tertiary education as part of initial education Page 41
- 42. Page 42 Innovation pathways in Canada
- 43. Innovation pathways in Canada • Research • Talent • Development and commercialization • Government support • Sales and marketing Page 43
- 44. Page 44 AIMS for innovation in Canada
- 45. AIMS for innovation in Canada • Attitudes • Investment • Motivations • Structures Page 45
- 46. Page 46 Comparing Canada to the US
- 47. Comparing Canada to the US • GDP per capita • Prosperity gap • Labour effort • Productivity • Real GDP annualized quarterly growth rate • Participation rates • Unemployment rates • Venture capital Page 47
- 49. Page 49 Conclusion and questions
- 50. Page 50 Conclusion and questions Summary Videos Questions