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Keeping the Momentum - Innovation Leaders Roundtable by MTI²

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Our team at MTI² is proud to reach an important milestone as we held our first invitation-only Innovation Leaders Roundtable on May 31st 2016. Several times, we had received the explicit request to bring innovation leaders in our network together to share their experiences. The atmosphere we wanted to set was a limited scale roundtable to create great potential in making connections and sharing experiences. As all good things, it ultimately became a bit bigger than we anticipated… We were delighted to host thought leaders from companies such as a.s.r, Ageas, Baloise, Bank of New York Mellon, Baxter, Bekaert, Bentley Motors, Caesar Groep, Callebaut&Co, Dell, Evonik, Fibersail, Ghent University, Heraeus, Hoge Raad Diamant, Johnson & Johnson, Kom op tegen Kanker, Komatsu, Michelin, Nokia, Proximus, Puratos, Renolit, UCB, Unilin and VRT.
As a setting, we chose the Pastorale in Reet for a couple of reasons. First, it reminds us of the small Flemish town in the country side we are located ourselves to service clients globally. Second, the Pastorale is one of the most creative settings among Belgium’s many fine dining opportunities. Third, given our intense collaboration with Michelin and its presence as a presenter, it seemed befitting to pick a place the Michelin Red Guide writes raving reviews about.
We saw inspiring presentations from Pedro Costa, sharing his experience as head of Michelin’s Incubator in Europe, Sabine Leclercq, R&D Site Director at Baxter R&D Europe and prof. Isabel van Driessche, sharing the experience of Ghent University with their Innoversity Challenge.
Enthused by these stimulating talks, we then came together in roundtables, to discuss the most important innovation topics relevant to our participants. While many different topics where discussed, the most frequently mentioned ones that emerged from discussions included the people aspect of innovation, the balance between incremental versus transformational projects, and keeping momentum to establish sustainable innovation.
As it is proven that writing down resolutions makes you more likely to succeed (and on top of that, increases your overall happiness), we asked participants to form actionable insights and write down resolutions they would act upon in the next couple of days, weeks or months. We also made resolutions ourselves of course. As a way of following up on one of our own resolutions, we will provide more information on the learnings in the upcoming weeks, so make sure to stay tuned.

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Keeping the Momentum - Innovation Leaders Roundtable by MTI²

  1. 1. Innovation Leaders Roundtable Keeping the Momentum www.mti2.eu
  2. 2. Our Inspiration Journey 15.30-16.00 Welcome Coffee 16.00-16.10 Welcome by MTI2 (prof.dr. Stefan Stremersch & dr. Isabel Verniers) 16.10-16.40 From Seeding to Impactful Ideas in R&D (dr. Sabine Leclercq, R&D Site Director, Baxter R&D Europe & dr. Patricia Meijers, Sr. Research Scientist, Baxter R&D Europe) 16.40-17.10 Engaging the Crowd to Address Disruptive Business Models (prof.dr. Isabel van Driessche, Ghent University) 17.10-17.40 Successfully Incubating New Venture Teams Outside the Core Business (Pedro Costa, Incubator Michelin) 17.40-18.00 Break 18.00-19.00 Roundtable Discussions 19.00-21.30 Dinner & Wrap-up 31 May 2016 de Pastorale, Reet Innovation Leaders Roundtable Seminar & Dinner by MTI2
  3. 3. Innovation Leaders at the Roundtables
  4. 4. Top Three Learnings from Roundtable Discussions INCREMENTAL VS. TRANSFORMATIONAL How to balance between incremental versus transformational projects? SUSTAIN How to keep momentum in order to establish sustainable innovation? ENGAGE How to make your employees the biggest ally in your innovation efforts?
  5. 5. INCREMENTAL VS. TRANSFORMATIONAL How to balance between incremental versus transformational projects KEEPING MOMENTUM How to keep momentum in order to establish sustainable innovation This Presentation: Sustain Sustain How to keep momentum in order to establish sustainable innovation?
  6. 6. Sustain Innovation Efforts Build to Last Communication Innovation Process start end gates cycles learn design sustain innovate the innovation process Clear Expectations Innovation Leader sustainable innovation process
  7. 7. Build to Last  Build innovation processes that fit the company strategy  Build the foundations to last: set up a dedicated organization and allocate sufficient resources  Build a process first, then run a pilot and optimize over time
  8. 8. The Role of the Innovation Leader  The face of innovation  The task of an innovation leader cannot be delegated  Communication ensures engagement
  9. 9. Set Clear Expectations  Set clear goals and expectations in line with strategy  Clearly communicate innovation goals  Run, get feedback, learn and improve  Refuse/reject ideas that do not fit the set goals
  10. 10. Design Sustainable Innovation Process  Too little or too much innovation may kill you  Start with pilot, then expand, don’t overburden your organization  Don’t transfer grassroots innovation too early nor too late to the business units  Find the best rhythm for your company; think about how frequently to organize a cycle
  11. 11. Change is the New Normal  Turn your process into culture  Innovate the innovation process: expose yourself to fresh insights from inside and outside your industry  Importance of governance at all levels: know roles and responsibilities of each
  12. 12. Innovation Leaders Roundtable Keeping the Momentum www.mti2.eu

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