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Innovation Circuit February 2010 IC Engelbrecht

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Page 1: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Innovation Circuit February 2010

IC Engelbrecht

Page 2: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Why is innovation important? What do we have to do (innovation capability) How do we do it (circuit in motion) Some examples Open and collaborative innovation Some lessons learnt

Today’s Objectives

Page 3: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Why innovation is important

Excellence

“Implemented change”

Turning Knowledge into Business Value!

• Customer Satisfaction

• Integrity

• Innovation

Page 4: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

ChallengesIntellectual

Assets

What do we have to do? (Innovation Capability)

e.g 40%

Implement & Measure

Strategy Alignment

Management Support

IT & Appl.

Culture

BASELINE PILLARS

InnovationCircuit

Page 5: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Strategic Intent & Challenges

Intellectual Capacity

Innovation capability improvement journey

FEB 2009 FEB 2010 FEB 2011 ??

%

100

45

40

55

20

CURRENT CAPABILITY

Page 6: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Innovation Circuit in Motion

# Ideas Submitted# Projects in

Pipeline

# Projected Benefits

Projected ROI

# Implemented Projects Projects Parked Actual ROI Training

# RegisteredUsers

Man HourParticipation

Platform

Customer Satisfaction Index

CommunicateCase Studies

Page 7: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

IC S

UP

PO

RT Terence Govender

S&I

Eskom Board Game

Develop an energy efficiency board game for DSM education campaign. Educational games are non-intrusive and users internalise knowledge without realising It.

MODERATION

OPP

SC

Jonathan-IC

Sipho-IC

Nkateko-IC

FEASIBILITY

PILOT

BUSINESS CASE

Jonathan-IC

Dali-IC

Terence-S&I

Innovationlab

IMPLEMENTATION

AWARENESS

ACTUAL ROI

AWARENESSREWARD

Page 8: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

The board game

Page 9: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Project title: Circuit breaker support

IDEA:

Increase length of circuit breaker support to minimise wastage

Status:

Implemented

Benefits:

Savings Achieved

R375 000 P/annum

Over 10 years projected savings = R3 750 000

Page 10: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Project title: Cash-O-Meter

IDEAThe idea was to provide all employees with a platform to participate in the cost saving initiative. Each employee will be able to log their daily or monthly saving and how they achieved this on the Innovation Circuit website. These savings will be collaborated and showcased on both the Eskom intranet and the Innovation Circuit homepage by means of a savings

meter.

MAJOR DELIVERABLE/S functional, user friendly and easily accessible platform

TIMEFRAME AND STATUS1 month – Implemented

BENEFIT TO ESKOM provide the business with solutions to the cash flow

challenge employee participation (Culture change) Actual ROI thus far =R13 million +, Projected ROI R100

million +

Page 11: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Eskom Power Series

A collection of world class, reference books, compiled by local and international industry specialists, which serve as a source of technical information and practical experience related to the power supply industry.

Page 12: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

23-04-21 12

Knowledge is Power (Cont…)

Page 13: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Circuit in Motion

FEB 2010 FEB 2011 FEB 2012 FEB 2013

100

55

50

40man support

Turning knowledge into Business Value

Page 14: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

14

Open and collaborative innovation (OCI) pilot:

Confirm that Eskom can stimulate external innovation by setting clear goals and objectives in a specific area of need

Stimulate innovation activity in the energy market through:

collaboration and by

mobilising external innovation stakeholders such as public and

private funders, research institutions, inventors, academics,

innovation and business support entities, etc

Page 15: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Typical available networks

Page 16: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Open and Collaborative Innovation

Seeker Challenge Definition

Eskom

SolversAcademia, Industry

Customers, EntrepreneursInnovation Platform

ScreeningModeration

Business Case

DST, MicrosoftInnovation HubInnovation Fund

Solutions that are needed

Page 17: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Open innovation- the vision

March 2010 March 2011 March 2012 March 2013

100

50

10

1

process

culture

implement

improve

Turning knowledge into Business Value

Page 18: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Some of the lessons learned

Courage and action (lot’s of it) Communication is key (create hero’s &show value) Personal touch- IC interaction with users Originators should preferably drive ideas (with

support from the IC-Find passion) Innovation implementation roadmaps Holistic approach (all elements are important) Platform to facilitate the innovation process (25%) Sound ideation sub processes (Including

moderation) Funding

Page 19: Innovation Circuit February 2010 IC Engelbrecht.  Why is innovation important?  What do we have to do (innovation capability)  How do we do it (circuit

Questions and discussion