Exploring Best Practices in Organizational Structures for Innovation



Similar documents
Consulting Performance, Rewards & Talent. Making Employee Engagement Happen: Best Practices from Best Employers

DEVELOPING AN EFFECTIVE INTERNAL AUDIT TECHNOLOGY STRATEGY

EMC PERSPECTIVE. Information Management Shared Services Framework

Federal Enterprise Architecture and Service-Oriented Architecture

Drive to the top. The journey, lessons, and standards of global business services. kpmg.com

CEB s Workforce Surveys & Analytics

Achieving the next level of excellence in innovation

IDC MaturityScape Benchmark: Big Data and Analytics in Government. Adelaide O Brien Research Director IDC Government Insights June 20, 2014

Project Management Office Best Practices

The Talent Management Framework

Principles of Execution. Tips and Techniques for Effective Project Portfolio Management

MANAGING THE EMPLOYEE LIFECYCLE

STRATEGIC HR REVIEW FROM SHARED SERVICES TO PROFESSIONAL SERVICES

Talent & Organization. Change Management. Driving successful change and creating a more agile organization

IT Governance. What is it and how to audit it. 21 April 2009

Linking Risk Management to Business Strategy, Processes, Operations and Reporting

The Fundamentals of Modern Talent Management for Business and HR Professionals

Enterprise Data Governance

Software Lifecycle Management in the Consumption-Based Model. Dipesh Biswas, PricewaterhouseCoopers Director, Technology Practice

Accenture Advanced Enterprise Performance Management Solution for SAP

TALENT MANAGEMENT AND PREDICTIVE ANALYTICS

HOW WORLD-CLASS ORGANIZATIONS DELIVER MORE VALUE. Presented to: National Consortium for Continuous Improvement in Higher Education

Increasing IT Value and Reducing Risk. More for Less with COBIT5. IT Governance and Strategy

Report on the Agency-Advertiser Value Survey

Leadership and Innovation

STRATEGIC POSITIONING OF HR IN THE NEW WORLD OF WORK

IDC MaturityScape Benchmark: Big Data and Analytics in Government

Ideapreneurship- HCL s Culture. Copyright 2012 HCL Technologies Limited

Telecom at a Crossroad, The Role of Innovation Catherine Bentley, Senior Consultant, Innovation 360 November 2014

Enabling IT Performance & Value with Effective IT Governance Assessment & Improvement Practices. April 10, 2013

Independent Insight for Service Oriented Practice. An SOA Roadmap. John C. Butler Chief Architect. A CBDI Partner Company.

Best Practices in adopting a Shared Services Model August YYYY

RISK MANAGEMENT OVERVIEW 2011 RISK CONFERENCE SPONSORED BY THE FEDERAL RESERVE BANK OF CHICAGO AND DEPAUL UNIVERSITY

Career Management. Making It Work for Employees and Employers

BIG DATA + ANALYTICS

The IBM Solution Architecture for Energy and Utilities Framework

Developing the edge or scaling the core through corporate venturing Internet of Things. Daan Witteveen

as a key driver of their financial performance, can be influential in realizing on that objective. SMART HR Manager By : Irene

ISO JTC 1 SGBD Mtg and ACM Workshop

CUPA HR Strengthen Leadership Development and Succession Planning Practices

Compliance & Internal Audit Collaboration

Table of contents. Best practices in open source governance. Managing the selection and proliferation of open source software across your enterprise

Talent DNA that drives your business

Enterprise Risk Management: From Theory to Practice

Strategic Key Account Management

Information Governance Workshop. David Zanotta, Ph.D. Vice President, Global Data Management & Governance - PMO

DevOps: The Key to Delivering High Quality Application Services Faster

Maximizing Your IT Value with Well-Aligned Governance August 3, 2012

CSR / Sustainability Governance and Management Assessment By Coro Strandberg Principal, Strandberg Consulting

Elements of Technology Strategy:

Managing HR on a Global Scale

Leveraging Information For Smarter Business Outcomes With IBM Information Management Software

Infrastructure Asset Management Report

CIOs: How to Become the CEO s Business Partner

CASE-IN-POINT: AVAYA'S SUPPLY CHAIN TRANSFORMATION - ENABLED BY A VISION FOR PEOPLE, PROCESS, AND TECHNOLOGY

Job Architecture and a Career Framework Empower Employees at Piedmont Healthcare

Master Data Management. Zahra Mansoori

Tools for Managing and Measuring the Value of Big Data Projects

Oracle Cloud: Enterprise Resource Planning

Project Management Office: Seeing the Whole Picture

Strategic HR Development

QA Engagement Models. Managed / Integrated Test Center A Case Study

Texas State University University Library Strategic Plan

Process-Based Business Transformation. Todd Lohr, Practice Director

The Cloud-Centric Organization. How organizations realize business benefits with a mature approach to Cloud

Effective Onboarding at BMS Following an Acquisition

How To Standardize Itil V3.3.5

Wilhelmenia Ravenell IT Manager Eli Lilly and Company

Presented By: Leah R. Smith, PMP. Ju ly, 2 011

LEADING AN ORGANIZATION THROUGH CHANGE A DISCUSSION

BRIDGE. the gaps between IT, cloud service providers, and the business. IT service management for the cloud. Business white paper

How To Grow At Tech Fort Worth

Explore the Possibilities

Closing the Business Analysis Skills Gap

Change is happening: Is your workforce ready? Many power and utilities companies are not, according to a recent PwC survey

A brief primer on Increasing Valuations for B2B Technology VAR s and Outsourcing

Cisco Unified Communications and Collaboration technology is changing the way we go about the business of the University.

An Effective Approach to Transition from Risk Assessment to Enterprise Risk Management

Cloud based, Continuous Employee Performance Management Software

The case for Centralized Customer Decisioning

Value Based Management for the New Economy

GLOBAL BUSINESS SERVICES

Treasure Trove The Rising Role of Treasury in Accounts Payable

Enterprise Data Management

The Enterprise Project Management Office

Principles of IT Governance

Managing & Mastering Organizational Change Sirota Science Webinar Series

Advanced Topics for TOGAF Integrated Management Framework

Procurement must be more than just cost cutting

Approaches for Survey Feedback and Action Planning

Transcription:

Exploring Best Practices in Organizational Structures for Innovation Dr. Gina Colarelli O Connor Associate Professor Director, Radical Innovation Research Program Rensselaer Polytechnic Institute Pitts 2nd Floor 110 8th Street Troy, NY 12180 (518) 276-6842 oconng@rpi.edu Copyright 2005, Dr. Gina O Connor, Rensselaer Polytechnic Institute. Reprinted by Product Genesis with Permission

A Little Bit of History But Not Much RI Phase I: 1995-2000 Longitudinal Study of 12 Radical Innovation Projects in Ten Mature Firms Definition of Radical Innovation Radical Innovation Lifecycle 4 Dimensions of Uncertainty, not 2 7 Challenges RI Maturity RADICAL INNOVATION: How Mature Companies Can Outsmart Upstarts

Defining Radical Innovation Projects had an identified team and budget, and were perceived as having the potential to offer either New to the world performance features Significant (5-10x) improvement in known features Significant (30-50%) reduction in cost

A Radical Innovation Project Lifecycle: DUPONT BIOMAX 1990 1999 1996 1993 D1 D2 Diaper tapes D3 D4 D5 Shell material for disposable diapers Technology in search of market applications Project in limbo. Development work suspended. New flurry of development activity for agricultural applications. D6 D7 D8 New applications sought through major corporate PR campaign. Project transferred to business unit. Multiple applications are pursued. D9

Comprehensive Framework for Managing Radical Innovation Technical Uncertainty Resource Uncertainty Market Uncertainty Organization Uncertainty Challenge 1: Capturing Breakthroughs Challenge 2: Living with Chaos Challenge 3: Market Learning Challenge 4: Business Model Challenge 5: Resource Acquisition Challenge 6: Transition Management Challenge 7: Individual Initiative

The Radical Innovation Hub RI Oversight Board RI HUB II RI HUB I Evaluation Bd. RI HUB III Idea Gatherers Project 1 Project 2 Project 3 Project n Idea Hunters Project Advisory Board 1, 2, 3.n Transition Oversight Bds. 1 n

The Radical Innovation Learning Curve Radical innovation maturity is defined as the degree to which the organization has embedded a system for initiating, supporting and sustaining RI activities Average Life Expectancy of an RI system: 4 years

Early vs. Mature RI Capacity: Our Point of Departure Early Executives act as provocateurs, patrons, and champions to compensate for lack of supportive culture. Mavericks try to catch the attention of patrons. There is a lack of infrastructure and systematic approach. Acquisition of resources is ad hoc. Project teams often expect a budget allocation for funding. Completion of RI tasks, project staffing and champions rely on individual initiative. Communication difficulty makes transition difficult, often flounders and relies heavily on intervention of senior management. Mature The firm s leadership sets expectations, develops RI culture, establishes facilitating organizational mechanisms (hubs) and develops goals & reward systems. RI idea hunters seek opportunities. Hubs establish effective evaluation boards. Nontraditional marketing & business creation personnel work with RI technical teams to develop business models. There is a learning orientation to project management Individual managers with authority to provide seed funding and internal VC organizations provide multiple sources of capital for RI. The firm adopts a portfolio approach to funding RI projects. RI hubs work with HR to develop a strategy for identifying, selecting, rewarding and retaining RI champions, experts and team members. Transition team established with funding and senior mgmt support continues development until uncertainty reduced for successful transition.

Objectives of Phase II Research Corporate Competency Development for the Management of Radical Innovation Objective: To understand how organizations can systematically develop, evolve and sustain their radical innovation competencies. What firms are doing to develop and support radical innovation, as a distinctive activity, requiring distinctive management techniques: Leadership and Culture Organizational Structure and Interfaces Governance and Decision Making Specific Processes and Tools Skills Metrics Mechanisms to enhance an organization s RI capability. Most effective implementation techniques for instituting those mechanisms.

Phase I Cohort I 1995 to 2000 Companies in the Study Cohort II 2001-2005 Phase II Cohort III 2004 to 2005 GE IBM Air Products DuPont Analog Devices General Motors Nortel Networks Otis Elevator (UTC) Polaroid Texas Instruments 246 interviews 3M Albany Int l Corning J&J Consumer Kodak Mead-Westvaco Sealed Air Shell Chemicals Bose Dow Corning Guidant H-P Intel P&G PPG Rohm&Haas Xerox

Phase II Key Insights RI capability develops in stages. Organization structures for Radical Innovation The D-I-A model. Organizational capacity. Orchestration.

Phase II Key Insights RI capability develops in stages. Organization structures for RI. The D-I-A model. Organizational capacity. Orchestration.

Evolving a Competency Occurs in Stages Objectives Context Constraints Initiation Evolving Sustaining

Summary of RI Requirements Sustaining Appropriate Metrics Culture and Leadership That Values RI Identifiable Organization Structure RI Requirements Rich Interfaces Connecting Internal and External Powerful Networks Governance at Project, Portfolio and System Level RI Specific Process & Tools RI Specific Skills & Talent

Phase II Key Insights RI capability develops in stages. Organization structures for RI. The D-I-A model. Organizational capacity. Orchestration.

Organization Structure: Idea Generator Technology Board (Decides) RI HUB Idea Creation Idea Development Idea Screening External Scanning Case #1 R&D NBD BU S BU S/Divisions Case #2

Organization Structure: Idea Manager & Incubation R&D Growth Board/Corporate Renewal Team (Advisory) Venture Board/Business Development Council Idea review & elaboration Staffed full time External technology acquisition Incubation/Development Keep white space businesses through to initial commercialization Oversee incubation of aligned opportunities too far out for BU s to handle.

Organization Structure: Holistic Sequential Model CTO - Commercial Senior Leadership Governance Team Portfolio Governance Council (Middle Mgmt) New SBU New Business Discovery Idea Generation New Business Incubation Project teams Project adv boards/ri staff Other idea sources (R&D, New Ventures, BU s ) New Business Accelerator Project teams Project adv boards RI staff SBU1 (Accel r) SBU2 (Accel r). SBU n (Accel r)

Organization Structure: Corporate Venturing Model CEO Venture Review Board (CEO, CTO, COO, BU VPs) New Division BU NEW VENTURES Business 1 Business 2 Business 3 President R&D BU Related Projects (1,2, n) Ventures Technology

Organization Structure: R&D Management System Portfolio Governance Board (CTO, EVPs, & BU Leadership) Exploratory Marketing Exploratory Research R&D Directors Projects 1, 2, 3.n Incubator for unaligned business BU s aligned projects caught by BU development group Inventory, Bench

Organization Structure: Self Similar Model Corporate Strategy Governance Board Strategy, Technology, Finance Corporate RI Hub staffed full time (Projects 1.n) Funded in BUs Divisional Hub -staffed full time -project 1.n Divisional Hub -staffed full time -project 1.n Divisional Hub -staffed full time -project 1.n..

Org. Structure: Mirrored Model CEO CTO R&D Staff (Ops, funding, personnel mgmt.) RI Program 1 & Team RI Program 2 & Team RI Program 3 & Team RI Program 6 & Team BU1 Acceleration activity mirror BU2 Acceleration activity mirror BU3 Acceleration activity mirror Planned Acceleration activity mirror

Phase II Key Insights RI capability develops in stages. Organization structures for RI. The D-I-A model. Organizational capacity. Orchestration.

Not just one competency.but 3 Oversee Transitions/Interfaces Discovery Creation, recognition, elaboration, articulation of opportunities. Incubation Evolving the opportunity into a business proposition Acceleration Ramping up the business to stand on its own Exploration Experimentation Exploitation Basic Research Internal Hunting External Hunting /License/Purchase /Invest Technical Market Learning Market Creation Strategic domains Focus Respond Invest

Stunning Realization: DIA is not Linear! Three RI Competencies must be managed as a system Incubation Discovery Acceleration

Phase II Key Insights RI capability develops in stages. Organization structures for RI. The D-I-A model. Organizational capacity. Orchestration.

Organizational Capacity for RI External Influences strained stock market economic expansion new competition Internal Influences I Sr. leadership declares need for more innovation CAPACITY 1 financial stress of company lawsuit CEO change refocus on innovation industry consolidation poor earnings D A Internal Influences culture, history of innovation CAPACITY 2 External Influences pace of technological change global economic expansion TIME

Phase II Key Insights RI capability develops in stages. Organization structures for RI. The D-I-A model. Organizational capacity. Orchestration.

DIA Must Be Orchestrated in Dynamic External and Internal Environments Incubation Discovery Acceleration

Applying RI Insights to Higher Uncertainty Innovation Lower Uncertainty Higher Uncertainty Type of Innovation Incremental [-----------------------------] Major Innovation: Platform and Breakthrough/Radical Strategic Drivers New Products to Extend Existing Business [-----------------------------] New Business Models and Advanced Technologies for Growth and Renewal Opportunity Selection Customer Driven and Analytical Tools [-----------------------------] Vision/Possibilities Tied to Strategic Intent Market Focus Existing Base [-----------------------------] New Customers, Applications and Unknown Areas to be Discovered Process Stage Gate and Concurrent Engineering [-----------------------------] Discovery Driven Processes and Learning Models Transition Readiness Fast Track to Lines of Business [-----------------------------] Incubation, Acceleration, Interface Management

Going Forward Radical Innovation Field Research = Insights Translated into Best Practices Internal Venturing/Corporate Entrepreneurship/New Business Development = System for Managing Higher Uncertainty Innovation Thank You! www.radicalinnovation.com