Best Innovator Competition 2013/2014 In partnership with: www.bestinnovator.com
This year, A.T. Kearney will again hold its well-known Best Innovator competition in Russia. The Best Innovator competition aims to identify national leaders in innovation and strengthen Russia s Erik R. Peterson, managing director of position as the center of international innovation A.T. Kearney s Global activities. The better the operating efficiency of Business Policy Council domestic companies, the sooner the country will be able to establish its competitive advantage in foreign markets. Last year s Best Innovator competition was a great success as it revealed the most innovative companies, products, and services, says Sergei Guriev, a judge of the Best Innovator 2012/2013 contest. In addition, the contest helped determine the most efficient business processes and control systems. Soeren Grabowski, principal, A.T. Kearney In the 10 years since Best Innovator was established, more than 1,500 companies from 15 countries have taken part in the competition and, as a result, have found new ways to excel in innovation management. The Best Innovator has become an annual event that gives participants an opportunity to compare achievements in innovation against relevant benchmarks in the European and global markets. A.T. Kearney is holding the contest in Russia for the second time in partnership with Forbes magazine, RVC, RIA Novosti, New Economic School, and Skolkovo Institute of Science and Technology. How is the winner selected? 1. Your team completes the online application At the first stage, innovations are evaluated based on quantitative and qualitative criteria. There is also an opportunity to submit additional information regarding specific innovation approaches taken by your company or department. The panel of experts and judges analyzes the results and selects the finalists. 2. Experts conduct on-site visits with the finalists After reviewing the applications, the experts visit all finalists. Each visit takes about two hours. Winners are selected based on a structured evaluation encompassing analysis of the applications and the results of expert visits. 2
3. Each finalist receives individual feedback and winners are announced at an awards ceremony in December Survey analysis and results of expert visits are included in the package of confidential information delivered to each participant once the contest has ended. The winner and other contestants that have demonstrated outstanding achievements in certain areas are spotlighted in the media and receive their awards during an official closing ceremony in December. What are the evaluation criteria? Contestants are evaluated on five criteria: 1. Is the innovation strategy developed and implemented by top management? 2. Is a culture of innovation firmly embedded within the organization as a key factor in innovation competence? 3. Do rigorous innovation life cycle management processes increase profit margins? 4. Does the company leverage enabling factors to successfully implement innovations? 5. Is innovation continuous and is it implemented successfully? Who can take part in the contest? The contest is open to Russian companies and foreign businesses with registered legal entities in Russia. All departments responsible for product group development are eligible to take part in the contest. The term product group refers to a collection of homogeneous products or services with a similar design or structure, development process, and functional capabilities. Figure Methodology: Overview 3 4 2 Idea funnel management 1 Innovation strategy Innovation organization and culture Innovation life cycle management Innovation development Continuous improvement Enabling factors (such as key performance indicators, intellectual property, knowledge management, HR management, controlling) Strategic vision, commitment to innovations Strategy implementation Roles and responsibilities Organizational structure Innovation culture and environment Idea generation, product and process development Launch and continuous improvement Approach to project management Product and process improvement management Incentives and compensation system Knowledge management and IT 3
Panel of Judges Igor Agamirzian, CEO and Head of the Management Board, RVC Andrei Movchan, Chief Executive Officer, Third Rome Group Anna Belova, Professor, Vice Dean, Higher School of Management Boris Nemsic, Former CEO, OJSC Vimpelcom Serguei Beloussov, Founder and Senior Partner, Runa Capital Olga Podoinitsyna, Board member, Managing Director, Global Head of Communications and Marketing, VTB Capital Denis Bugrov, Senior Vice President, Sberbank Irina Rapoport, Chief Executive Officer, RUSNANO Capital LLC Ksenia Yolkina, Head of Startup Research Group, Yandex Andrey Romanenko, Chairman of the Board of Directors, QIWI Group Alexander Galitsky, Co-founder and Managing Partner, Almaz Capital Partners Oleg Tinkov, Founder and Chairman of the Board, Tinkoff Credit Systems Edward F. Crawley, President, Skolkovo Institute of Science and Technology Regina von Flemming, CEO, Axel Springer Russia Misha Lyalin, Chairman and CEO, ZeptoLab Yan Yanovskiy, Managing Partner, First Nation Societe Bancaire Svetlana Myronyuk, Chief Editor, RIA Novosti 4
Best Innovator 2012/2013 Winners Five awards were granted in the Best Innovator 2012/2013 contest: Large Companies: Organizational Model and Corporate Culture Winner: Sberbank of Russia Anna Belova presents award to Sberbank. In Sberbank, a new environment is being established which is open to new information and ideas from both inside and outside the firm. This represents a dramatic shift in corporate culture for the bank and indicates that Sberbank has successfully initiated the necessary mechanisms and processes that encourage creativity and a drive for perfect execution. Efficient processes helped Sberbank reach a new level and become the leader in its segment. Anna Belova, Vice Dean of the Graduate School of Management of the Higher School of Economics and judge of the Best Innovator competition Large Companies: Products and Services Winner: State Corporation Rosatom Rosatom wins in the products and services category. Rosatom, one of Russia s largest companies, is a global player in the world energy industry. SC Rosatom runs a full nuclear energy cycle, from uranium mining to power generation and nuclear engineering, and creates innovative products based on nuclear technologies. Medium Companies: Organizational Model and Corporate Culture Winner: RIA Novosti This award recognizes the innovation and hard work that have transformed RIA Novosti into one of the world s leading news agencies. Regina von Flemming presents the award to RIA Novosti. I believe this award is a reflection of the leadership of chief editor Svetlana Mironyuk. She is a wonderful, talented, and beautiful woman, a true professional. Her hard work and dedication have been instrumental in turning this organization into a modern multimedia information holding. Regina von Flemming, CEO, Axel Springer Russia and a judge of the Best Innovator competition Medium Companies: Products and Services Winner: Speech Technology Center Speech Technology Center wins for its innovative technologies. The company offers products and solutions based on its own unique speech technologies. Because of their quality and functionality, these products are highly valued in all markets the company serves. Small Companies: Products and Services Winner: ZeptoLab ZeptoLab wins for its Cut the Rope app. Creator of Cut the Rope, one of the world s most popular games on itunes, ZeptoLab is recognized for building an innovative environment and culture within the company a culture that was key in the successful development of the Cut the Rope app. 5
Partners Forbes the world s most respected independent business magazine. Forbes provides its readers with quality journalism, accounts of entrepreneurial wins and losses, fresh business and investment ideas, and reliable ratings. Forbes has access to company leaders, politicians, opinion makers, and the most informed sources. The New Economic School is a private graduate school in economics. Founded in 1992 in Moscow, NES s mission is to benefit Russia s private and public sectors through excellence in economics education and research. Its resident faculty of 30 young economists has Ph.Ds in economics and finance from the world s leading universities, including Harvard University, Massachusetts Institute of Technology, Columbia Business School, New York University, London Business School, and The University of Wisconsin at Madison. NES offers three academic programs: a two-year master s in economics, a professional development program in finance, and an undergraduate program performed jointly with Russia s Higher School of Economics. NES also offers policy advice and executive education programs. Russian News & Information Agency RIA Novosti (en.ria.ru) is Russia s leading media holding company with a rich 70-year history. RIA Novosti includes the Russian News & Information Agency, PRIME Business News Agency, RAPSI Russian Legal Information Agency, R-Sport Sports News Agency, Moskovskiye Novosti Publishing House, RIA Rating Analytics Agency, and press centers in Russia and abroad, as well as more than 70 online resources in 14 languages. As of April 2012, the total audience of these websites exceeded 20 million unique visitors per month (Google Analytics). RVC is a government fund of funds and a development institute of the Russian Federation, one of Russia s key tools in building its national innovation system. Established by the Russian government on June 7, 2006, RVC s mission is to ensure faster development of an efficient and globally competitive innovative system through the creation of a self-sustained venture capital industry while working closely with other development institutions, engaging private venture capital, nurturing innovative entrepreneurship and technology business expertise, and mobilizing Russian human resources. The Skolkovo Institute of Science and Technology (Skoltech) is a private graduate research university. Established in 2011 in collaboration with MIT, Skoltech works to educate global leaders in innovation, advance scientific knowledge, and foster new technologies to address critical issues facing Russia and the world. Applying international research and educational models, the university integrates the best Russian scientific traditions with twenty-first century entrepreneurship and innovation. 6
Contact Best Innovator hotline: +7 495 212 0113 Email: best.innovator.russia@atkearney.com Complete the application and learn more about the contest at our website: www.bestinnovator.com. Contest calendar Online applications are available beginning 2 July 2013. The deadline to submit applications is 30 August 2013. 7
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