There are so many different things companies can do to promote innovation. I was recently asked to list our 10 best practices… here they are...

2. There are so many different things companies can do
to promote innovation.
We were recently asked to list our 10 best practices…
here they are…

3. 1.Assessment
2.Executive alignment
3.How to (Training)
4.Show it is important
5.Making change stick
6.Ongoing inspiration
7.Systems
8.Moments of truth
9.Ecosystem development
10.Acceleration programs

4. You need to know where you are, to decide what to do next…
1 Overall Score 11 People processes
2 Desire / Hunger 12 Organizational Design
3 Philosophies 13 Customer Focus
4 Autonomy 14 Co-creation
5 Competitive 15 Ecosystem Management
6 Creativity 16 Speed / Results focus
7 Risk Taking 17 Systems to select ideas
8 Proactivity 18 Commitment to Learning
9 Structure 19 Knowledge Sharing
10 Strategy alignment 20 Open Minded
Our Assessment:
http://tiny.cc/Slides_innov_ready
How Innovative Is Your
Company’s Culture?
http://tiny.cc/bainassess
http://tiny.cc/tellisassess

6. CIBAM (Benovate)
1 day
C level focus
Life cycle/ business
analysis to set key
priorities
Deliverable: Innovation
portfolio
Executive program (IE)
1.5 day
C level focus
Indiv. company or several
companies
Day 1: “How to”
Day 2: “We need”
Deliverable: skills to
manage, 4-6 blue cards
AFCE
3 Day
Mixed group
Intensive introduction to
lean Start-up with choice
of first projects
Deliverable: Projects for
the next 3 months
KSFs: Strategy from within, linking alignment with actions

8. 2 Hours
Leadership
Meeting CREATEStimulus
Mining
2 Hours
IE Workshops
CRE<ATE
COMMUNICATE
COMMERCIALIZE
2 Hours Each or I Full Day 4 Hours
- Choose and Finalize Blue Card
- Those Already Trained Join Here
Watch Video Before
Mine on VIP or VIO
Week 7 - 12
MonthlyWeekly
Weekly Project
Updates
Fail FAST
Fail CHEAP
‘work’
Quarterly
Decide on Next
VIO/VIS Wave
GREEN
BELT
Certification
Celebration
1.5 Hour
.5 Hour
Week 1 Week 2,3,4 Week 5 Week 6
Process Check In
1 Hour
What’s Working?
What’s Not?
Innovate Process
2 Hours
Define Ideas

11. Tell them it is important, but more importantly
show it
• 555 program (5000 * 5 people * 5 days to make a
prototype)
• 1000 and a box (see video)
• Start-up weekend (see video)

12. https://www.youtube.com/watch?v=VU4XYGuUh_0&inde
x=3&list=PL6K5SZuzYX_FE3tfE-ditlB0Yt1GDs2l_
12

13. https://www.youtube.com/watch?v=
QFqjRTWi22c
13

14. • Train the trainer programs
• Ongoing coaching and development
• Mentoring programs

15. • Lots of content
• Lots of diverse content and people
• = A recipe for new ideas
• If you’re a bank don’t ask banker to s
peak, ask artists
• Best in class google talks
(inspired from P&G)
• Search “google talks” in YouTube

17. • Javelin
• Innovation Engineering
• Yambla
KSFs: simple, action focused, learning based

18. Almost anything works faster with a
deadline
• Inspiration days
• Pitch events (with internal / external
judges)
• Hackathons
Up and running in
82 cities. Moments
of truth (they call
them forcing
moments) are the
foundation.
Graduates 80%
success, 52%
funding

19. If you want to move fast, it is usually not what you know,
but who you know that makes the difference
• Meet and greet sessions with Entrepreneurs
• Events with entrepreneurs pitching ideas for your
business challenges
• Attendance at external events (eg Inacademy, The
Founder Institute)

21. Week 1:
Problem-solution fit
(there is problem)
Week 2:
Product-Market Fit
(you have a solution)
Week 3:
Business Model Fit
(you can do it
profitably and scale)

22. Objectives A weekly learning cycle every week for 10 weeks
10 ideas for new users/ uses of their product
At least 80 new ideas, with 60 killed, 10 merged and 10 in progress
Alignment Every Monday… what next now
Build ideas Each Friday a brain-storming session (with new external people)
Communicate
Check
Systems Identify death threats/ work on death threats
Kill all weak ideas where death threats not resolved in 2 weeks
An 10 minute standing meeting every morning
Write and document work done each week
One person writes up the ideas/ Another lists the death threats
External experts to validate/ give feedback on all ideas

23. Fast Innovation World Other
Bridge Engineering Class Programs
1 Assessment Innovation readiness Limited None Innovation readiness Dartmouth, Bain assessment Depth of assessment/ proven
CIBAMworkshop 1.5 day program 3 Day 1.5 day program Strategy consultants
Coaching Coaching Workshops Coaching Independent consultants
Solvay Innovation 3 Day Training 3 Day Training 3 Day Training Hands on during
Program How to Lean Enterprise How to Hands on after
Coaching Certification Certification Certification
Project Acceleration Project Acceleration Project Acceleration
(Death threat focus) (Step by Step) (Step by Step)
6 Ongoing Monthly events Blog None Monthly events Too many to list A network of speakers
Yambla Innov. Engineering None TBD Cognistreamer Simplicity
(Javelin would fit) (need to fit internal Bespoke systems Training to fit the systems
systems)
8
Moments of
truth
Corporate Events
Dates in acceleration
programs
Project milestones
Corporate Events
+ milestones
Too many to list
Fit with your company,
experience with events, Founder
Institute experience
9
Ecosystem
Development
Misc. TBC An established network
10
Acceleration
Programs
Coaching/Mentoring TBC
Coaching for innovation vs.
project management
Our Advantage
Meet and greet sessions, Events with entrepreneurs
Attendance at external events (eg Inacademy, The Founder Institute)
Kick box, Events, Startup weekend, Customized events
Kick box, Events, Startup
weekend, Customized
events
University programs
Focus: we are innovation experts
(Strategy ≠ Innovation)
Tools, methods, systems to coach
innovation projects (and the right
people)
Fit with your company
Experience with events
Coaching/Mentoring
Best practices: Innovation Development
Too many to list
Too many to list
Executive
Alignment
How to
(Training)
Show
Innovation is
Important
Support/
Making change
stick
System
2
4
7
5
3
AFCE
(Moves the Needle)
Summary
Best
Practices

24. “ The hurrier you
go, the behinder
you get…”

25. A study by Economist intelligence with 312 companies
split into 2 groups:
1. Go, go, go
2. Think, go , think, go (paused at strategic moments)
The companies with strategic pauses achieved:
40% higher sales, 52% higher profits

26. There is lots you can do.. The important things is to do
something and if possible do things step by step
Two Key recommendations:
1. Start before you think you need to start.. It takes
time to build cultural change (there are no miracle
solutions !)
2. Don’t reinvent the wheel… copy best practices

28. How to be meaningfully unique with 17 thousands management consultants
just in Belgium ?
“Companies are tired of paying for advice, but are willing to pay for business
results.”
The Fast Bridge Solution
• A focus on new business development
• The right people. Senior people with different skills
• The right methods. Fact based, using the best from around the world
• Whenever possible, results based compensation

30. For questions about this presentation or request for a meeting please contact
Bryan Cassady
Bryan@fast-bridge.com
+32-475-860-757
Links to external company references in this presentation:
Innovation Engineering www.innovationengineering.org
The Founder Institute www.fi.co
European Innovation Academy www.inacademy.eu
AFCE www.afce.co