innovation circuit february 2010 ic engelbrecht. why is innovation important? what do we have to...
TRANSCRIPT
Innovation Circuit February 2010
IC Engelbrecht
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
Why innovation is important
•
Excellence
“Implemented change”
Turning Knowledge into Business Value!
• Customer Satisfaction
• Integrity
• Innovation
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
Strategic Intent & Challenges
Intellectual Capacity
Innovation capability improvement journey
FEB 2009 FEB 2010 FEB 2011 ??
%
100
45
40
55
20
CURRENT CAPABILITY
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
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
The board game
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
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 +
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.
23-04-21 12
Knowledge is Power (Cont…)
Circuit in Motion
FEB 2010 FEB 2011 FEB 2012 FEB 2013
100
55
50
40man support
Turning knowledge into Business Value
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
Typical available networks
Open and Collaborative Innovation
Seeker Challenge Definition
Eskom
SolversAcademia, Industry
Customers, EntrepreneursInnovation Platform
ScreeningModeration
Business Case
DST, MicrosoftInnovation HubInnovation Fund
Solutions that are needed
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
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
Questions and discussion