“Creating an innovation entity” by Richard Hababou, Chief Innovation Officer at Société Générale

Richard Hababou is Head of Innovation Group atSociété Générale (Banking industry). He’s an acknowledged specialist in integrating new technologies in Banking Information System, shaping innovative services powered by IT.

Following conversation on “elementary particles of innovation“, Richard tells us about the set-up and the management of an Innovation entity.
An innnovation entity, what for ?

Société Générale Innovation Division was created in 2009 while the company needed to transform itself. Setting-up an entity dedicated to innovation was a way to instill “innovation thinking” within the company. The main goals were as follows:

develop an innovation culture, make innovation thinking a natural habit through Collaborative Innovation activities including set-up innovation contests and prize;
capture disruptive innovation through specific market intelligence andlab activities, and pass relevant information to business lines.

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Richard Hababou is Head of Innovation Group atSociété Générale (Banking industry). He’s an acknowledged specialist in integrating new technologies in Banking Information System, shaping innovative services powered by IT.

Following conversation on “elementary particles of innovation“, Richard tells us about the set-up and the management of an Innovation entity.

An innnovation entity, what for ?

Société Générale Innovation Division was created in 2009 while the company needed to transform itself. Setting-up an entity dedicated to innovation was a way to instill “innovation thinking” within the company. The main goals were as follows:

Reflections on Open Innovation and Intellectual Property

Intellectual property rights (IPR) used to be the key topic at open innovation conferences a few years back. Although still an important topic, this is no longer the case as companies mature on open innovation and find ways to solve these issues.

This development led me to downplay the significance of IPR when it comes to open innovation. Maybe I went a bit too far on this. I am reflecting on this after a session in my Danish network group in which we had a great visit by Jørn Vestergaard-Jensen, a Danish lawyer with good insights on IPR issues for open innovation.

Here I share some of the insights gained and reflections made by myself and the other participants.


by Stefan Lindegaard
http://www.innovationexcellence.com/blog/2011/12/10/reflections-on-open-innovation-and-intellectual-property/

Reflections on Open Innovation and Intellectual PropertyIntellectual property rights (IPR) used to be the key topic at open innovation conferences a few years back. Although still an important topic, this is no longer the case as companies mature on open innovation and find ways to solve these issues.

This development led me to downplay the significance of IPR when it comes to open innovation. Maybe I went a bit too far on this. I am reflecting on this after a session in my Danish network group in which we had a great visit by Jørn Vestergaard-Jensen, a Danish lawyer with good insights on IPR issues for open innovation.

Here I share some of the insights gained and reflections made by myself and the other participants.

Business Before Legal

I was glad to hear that Vestergaard-Jensen had a business mindset. One of his key points was that the business case should take lead over legal issues, not the other way around. He also said that in his world – the lawyer community – good/skilled people have this mindset implicating that less skilled people might focus on reducing risks rather than seeing opportunities in open innovation. I suspect we could agree that there are less good/skilled people than the opposite…

Don’t Be Too Naive

We had an interesting discussion on how “naïve” you can afford to be in open innovation partnerships. Many people in the Nordic region (myself included) take pride in our fairly open and trusting approach in which we believe in the best of people and do not always see reasons to be suspicious and thus protect yourself legally. Some cultures – probably led by the US – have a different mindset on this.

I still believe that the open minded approach is the best in the long run as innovation is moving from a more transactional to a relationship-based approach, but the discussion did prompt several of the participants to consider whether their approach to legal protection should be adjusted. Leer más “Reflections on Open Innovation and Intellectual Property”

Four Innovation Predictions for 2011

For those of you who receive our newsletter, these predictions are the same ones we made in our December 2010 edition. For those who don’t know about the newsletter or our yearly predictions about innovation, please read ahead.

Keeping with the publishing traditions that demand that most articles in December relate to a “top ten” list from the year just past or predictions about the near future, each year we boldly stake out several predictions about the future of innovation. Each year we also recap the predictions we got right, and wrong, from the previous year. For 2011, we’re making the following predictions about innovation:

1. Ideas come from everywhere – “open” innovation is ubiquitous
2. Experience is more important than product – the outcomes change from new products to new experiences
3. Timeframes shorten – while organizations are getting better at generating ideas, the timeframe from idea to commercialization hasn’t changed.
4. Creativity re-enters the workforce.

Let’s look at each of these in turn and describe why we think they’ll occur and why they matter…


Thnxs to Blogging Innovation | http://www.business-strategy-innovation.com
Hosted by
Braden Kelley

 

by Jeffrey Phillips

Four Innovation Predictions for 2011For those of you who receive our newsletter, these predictions are the same ones we made in our December 2010 edition. For those who don’t know about the newsletter or our yearly predictions about innovation, please read ahead.

Keeping with the publishing traditions that demand that most articles in December relate to a “top ten” list from the year just past or predictions about the near future, each year we boldly stake out several predictions about the future of innovation. Each year we also recap the predictions we got right, and wrong, from the previous year. For 2011, we’re making the following predictions about innovation:

  1. Ideas come from everywhere – “open” innovation is ubiquitous
  2. Experience is more important than product – the outcomes change from new products to new experiences
  3. Timeframes shorten – while organizations are getting better at generating ideas, the timeframe from idea to commercialization hasn’t changed.
  4. Creativity re-enters the workforce.

Let’s look at each of these in turn and describe why we think they’ll occur and why they matter… Leer más “Four Innovation Predictions for 2011”

Leadership and management

The approaches that we do, to meet the challenges inherent in organizational culture, when we turn to outside, to open innovation put some leadership questions.

Executives on strategic functions when they want to embrace open innovation can face the future with lack of security. But managing the tension between control and collaboration between technical contributions and management can resolve personal and organizational conflicts.

This leadership, i.e. the members of the organization which plays such a role, in addition to establish the direction that developers should follow must ensure that the resources meet the needs of planned activities.


The five dimensions of Meta-leadership as deve...

Thnxs to   abaldaia.wordpress.com | Intuinovare

The approaches that we do, to meet the challenges inherent in organizational culture, when we turn to outside, to open innovation put some leadership questions.

Executives on strategic functions when they want to embrace open innovation can face the future with lack of security. But managing the tension between control and collaboration between technical contributions and management can resolve personal and organizational conflicts.

This leadership, i.e. the members of the organization which plays such a role, in addition to establish the direction that developers should follow must ensure that the resources meet the needs of planned activities. Leer más “Leadership and management”

10.10.10 and 01.01.01 Good readings !!

And You Can read today 10/10/10:

Modernizers, preservationists and Innovation by Tim Kastelle

Adam Thierer wrote a terrific post today exploring his theme optimists and pessimists major ongoing Comparing Internet. Has he written a very interesting series of posts Assessing the arguments of the pessimists That Think That the impact of the Internet on society is Generally bad (eg Nick Carr, Andrew Keen, Jaron Lanier), and the optimists think That That the Internet is transformational , and positive (eg, Clay Shirky, Kevin Kelly, all the guys Cluetrain Manifesto).

How to fight the confirmation bias by Jorge Barba

Aha! you got an idea and you want to add the research to know if you’re idea has wings. You set up google alerts, hashtags on twitter about related topics, follow people in the know, join related groups on Linkedin, etc.. .. You know the drill!

The future of open innovation by Oliver Gassmann, Ellen Enkel & Henry Chesbrough via @ ralph_ohr

Institutional openness is becoming Increasingly popular in practice and academia: open innovation, open R & D, and open business models. This special issue builds on the concepts, underlying Assumptions and Implications discussed in two previous R & D Management Special Issue (2006, 2009).

The Power Of Storytelling by chrisbrogan via @ Ariegoldshlager

Storytelling is the most powerful way to put ideas into the world today.
-Robert McKee


Por jabaldaia
http://abaldaia.wordpress.com/2010/10/10/10-10-10-and-01-01-01-good-readings/

In 01/01/2001

Welcome to the 2001 Weblog Awards™. I’m Nikolai Nolan, and I’ll be your host for this month.

The Bloggies ™ are publicly-chosen Weblog Awards Given to Those related to writers and weblogs in 30 categories. And not much more introduction is necessary. Here are the rules:

Best article or essay about weblogs

What the Hell Is a Weblog? And why leave me alone Will not They? By Derek M. Powazek

I fell in love with the web to long time in August It entered my bloodstream Like a virus, took root, and changed my life forever. And, Almost Immediately, the virus spread to HAD.

I made piles of homepages, the oldest of Which are lost forever in the digital ether. I did my college thesis online. I got a job in the biz. I started with lofty goals vague projects like “doing it right.” I cared too much.

And You Can read today 10/10/10:

Modernizers, preservationists and Innovation by Tim Kastelle

Adam Thierer wrote a terrific post today exploring his theme optimists and pessimists major ongoing Comparing Internet. Has he written a very interesting series of posts Assessing the arguments of the pessimists That Think That the impact of the Internet on society is Generally bad (eg Nick Carr, Andrew Keen, Jaron Lanier), and the optimists think That That the Internet is transformational , and positive (eg, Clay Shirky, Kevin Kelly, all the guys Cluetrain Manifesto).

How to fight the confirmation bias by Jorge Barba

Aha! you got an idea and you want to add the research to know if you’re idea has wings. You set up google alerts, hashtags on twitter about related topics, follow people in the know, join related groups on Linkedin, etc.. .. You know the drill!

The future of open innovation by Oliver Gassmann, Ellen Enkel & Henry Chesbrough via @ ralph_ohr

Institutional openness is becoming Increasingly popular in practice and academia: open innovation, open R & D, and open business models. This special issue builds on the concepts, underlying Assumptions and Implications discussed in two previous R & D Management Special Issue (2006, 2009).

The Power Of Storytelling by chrisbrogan via @ Ariegoldshlager

Storytelling is the most powerful way to put ideas into the world today.
-Robert McKee Leer más “10.10.10 and 01.01.01 Good readings !!”

Great readings about innovations | Por jabaldaia

You have wanted to read about innovation?

http://abaldaia.wordpress.com/

______________________________________________________________________

Rethinking the Role of Human Resources – Design Thinking

Por jabaldaia

Recognize and reward creativity

“Fortunately, companies can now prepare itself for the changed dynamics of hiring that lie ahead. All you have to do is stop acting like big companies bureaucratic and impersonal, and begin to create a fast moving and a vibrant atmosphere. Companies will need to mimic the rise in small businesses and provide entrepreneurial initiatives as a natural thing. Teams will be smaller, flatter organizations , and the values of honesty , informality and innovation should be introduced into the culture. People will need to feel that what they say matters, regardless of the classification and title. Perhaps most important, is that organizations need to understand that when the recovery comes, the stars will no longer wait around for them to be given the authority to make decisions or to be promoted. The alternative of running your own show has a very strong appeal. “- Jack Welsh – Business Week

Is not innocent the meaning behind these words of JW

It’s a warning to all those responsible for Human Resources, which has long been filling his professional life , not just with pictures of discouragement produced by a culture that has always favored the to be rewarded for doing well what was established and never rewarded creativity.

The Human Resources as part of the organizations have been looking at and have been left looking like weak elements in the chain of organizational values.

People involved in the traditional Human Resources feel confronted with more fluid business environments with multiple implications of evaluations, awards and contracts.

_____________________________________________________________________________

HR’s Strategic Role in Innovation by Deb Mills-Scofield

Historically, HR has not played a very strategic role in innovation. This needs to change. HR needs to support the culture change to enable innovation; and the upcoming generation isn’t going to settle for an ‘administrative-only’ role.

On happiness and value innovation by JORGE BARBA

I’ve been thinking about and pounding you in this blog with the idea of not wasting people’s time (also see here). I found out two things today, one is that I’m not the only one thinking about it and second that recent research says that in order for people to be happy we like to spend a certain amount of time on some activities.

Why smaller companies should embrace open innovation by Stefan Lindegaard

Open innovation at small and medium-sized enterprises (SMEs) presents both great opportunities and great challenges. Forming open innovation relationships can give a growing enterprise access to resources that might normally are beyond their reach with the potential for greatly speeding up time to market.

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Will SME feed the large companies in Open Innovation ?

Por jabaldaia

A Portuguese case

Small and medium enterprises, around the world are the drivers of global technological innovation and economic development.

It is likely that its importance has been obscured by the shadow of large multinational companies. In fact the news and exchange of opinion almost always fall into the issues of concern to companies like Microsoft, Apple and IBM among others.

If we imagine that these companies with the size of IBM are large trees in a dense forest, you’ll find around them small businesses that feed and make possible the majestic visibility of companies like Apple or Microsoft.

Are small and medium-sized plants that remain alive and strong the big trees!

These ecosystems are a good analogy with the open innovation with regard to the participation of each firm in the innovation process of a product or service.

SMEs embrace open innovation mainly for reasons related to the market, such as answering customer requirements (often large companies) or to remain in competition with competitors.

To live in an environment of unequal size SMEs face challenges as the most important challenges organizational and cultural issues. These challenges are a consequence of having to deal with the increase of external contacts.

Open innovation can be seen from several perspectives that are based on a combination of absorption and transfer of knowledge and / or technology.

– Companies use licensing of intellectual property as a way of obtaining return.

– Companies set of co-development partnerships as a means to innovate the business model that allows increasing the innovation performance in business.

– Companies establish cooperation with scientific and technological system. This connection enables the research undertaken in universities and institutes of R & D meets the industrial requirements, allowing the expertise of each entity and hence generate returns for both parties.

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Do not wait for the generation y! Become a design thinker!

Por jabaldaia

(Text in Portuguese after this )

Profound insights

Most companies have had their lives guided by the principles of maximizing of the existing as the best way to get the maximum profit. Their leaders have no concern with what is valid and reject the possibility to take the risk by establishing a dialogue to reach a decision.

Thus these companies will never be able to deliver to the user or consumer products under the brand “Wow!”

Here are three assumptions to develop a response according to Gary Hamel- “W


You have wanted to read about innovation?

http://abaldaia.wordpress.com/


______________________________________________

Rethinking the Role of Human Resources – Design Thinking

Por jabaldaia

Recognize and reward creativity

“Fortunately, companies can now prepare itself for the changed dynamics of hiring that lie ahead. All you have to do is stop acting like big companies bureaucratic and impersonal, and begin to create a fast moving and a vibrant atmosphere. Companies will need to mimic the rise in small businesses and provide entrepreneurial initiatives as a natural thing. Teams will be smaller, flatter organizations , and the values of honesty , informality and innovation should be introduced into the culture. People will need to feel that what they say matters, regardless of the classification and title. Perhaps most important, is that organizations need to understand that when the recovery comes, the stars will no longer wait around for them to be given the authority to make decisions or to be promoted. The alternative of running your own show has a very strong appeal. “- Jack WelshBusiness Week

Is not innocent the meaning behind these words of JW

It’s a warning to all those responsible for Human Resources, which has long been filling his professional life , not just with pictures of discouragement produced by a culture that has always favored the to be rewarded for doing well what was established and never rewarded creativity.

The Human Resources as part of the organizations have been looking at and have been left looking like weak elements in the chain of organizational values.

People involved in the traditional Human Resources feel confronted with more fluid business environments with multiple implications of evaluations, awards and contracts.

_____________________________________________________________________________

HR’s Strategic Role in Innovation by Deb Mills-Scofield

Historically, HR has not played a very strategic role in innovation.  This needs to change.  HR needs to support the culture change to enable innovation; and the upcoming generation isn’t going to settle for an ‘administrative-only’ role.

On happiness and value innovation by JORGE BARBA

I’ve been thinking about and pounding you in this blog with the idea of not wasting people’s time (also see here). I found out two things today, one is that I’m not the only one thinking about it and second that recent research says that in order for people to be happy we like to spend a certain amount of time on some activities.

Why smaller companies should embrace open innovation by Stefan Lindegaard

Open innovation at small and medium-sized enterprises (SMEs) presents both great opportunities and great challenges. Forming open innovation relationships can give a growing enterprise access to resources that might normally are beyond their reach with the potential for greatly speeding up time to market. Leer más “Great readings about innovations | Por jabaldaia”

The Essential Element of Trust in Open Innovation

What are the barriers against building trust and relationships with stakeholders in your ecosystem

* Most organizational structures foster an internal rather than an external perspective.
* Most companies view external partners as someone paid to deliver a specific service rather than a source of co – creation and open innovation.
* Most companies are more focused on protecting their own knowledge and intellectual property rather than opening up and exploring new opportunities. They play defense rather than offense. This should not come as a surprise as one of the main objectives for corporate lawyers is to minimize risk, and it is fair to say that opening up to the outside world increases the risk element.
* Forging strong relationships takes time and personal commitment. We are just too busy to make it happen and it does not help that most companies do not provide the necessary time, resources, and encouragement to make this happen.


by Stenfan Lindeegar
http://www.15inno.com/

What are the barriers against building trust and relationships with stakeholders in your ecosystem

  • Most organizational structures foster an internal rather than an external perspective.
  • Most companies view external partners as someone paid to deliver a specific service rather than a source of co – creation and open innovation.
  • Most companies are more focused on protecting their own knowledge and intellectual property rather than opening up and exploring new opportunities. They play defense rather than offense. This should not come as a surprise as one of the main objectives for corporate lawyers is to minimize risk, and it is fair to say that opening up to the outside world increases the risk element.
  • Forging strong relationships takes time and personal commitment. We are just too busy to make it happen and it does not help that most companies do not provide the necessary time, resources, and encouragement to make this happen.

What should you do to foster an organizational mindset that supports the building of trust?

Read this article:
http://www.15inno.com/2010/10/05/essentialelement/