innovation summit dbsa jayshree naidoo
DESCRIPTION
DBSA Presentation Innovation Summit 2009TRANSCRIPT
Jayshree NaidooDevelopment Bank of Southern Africa
Creating a Capacity for Innovation A Case in Point
2007
/200
8 Corporate Strategy Portfolio expanded to include Innovation
2006
/200
7 Budget for Corporate Entrepre-neurship Ventures Approved
2005
/200
6 Internal Focus on Corporate Entrepre-neurship & Innovation
2008
/200
9 New Unit Created to Focus on Innovation and Entrep-neurship
Evolving Role of Innovation @ DBSA
Strategic Focus and AlignmentStrategic Focus and Alignment
Knowledge ManagementKnowledge
Management
Idea GenerationIdea Generation
Entrepreneurship DevelopmentEntrepreneurship Development
Enterprise Development & Support (BBBEE)
Enterprise Development & Support (BBBEE)
InnovationDe Bono, SAINe, ISPL, I & E Conf
InnovationDe Bono, SAINe, ISPL, I & E Conf
Strategic Partnerships; e.g. JASA, BSE, GEW, Impumelelo
Strategic Partnerships; e.g. JASA, BSE, GEW, Impumelelo
Extern
al Focu
s
Project Origination to address development challenges
Project Origination to address development challenges
Internal Focus
11
22
33
44
55
66
77
88
Framework for Innovation
May
09
– Ju
n 0
9 • Creativity Training, Six Thinking Hats
• Innovation training
• Entrepren-eurship training
Ap
r 0
9 –
Ma
y 0
9
• Contract deliverables, 10% weighting
• Communicate details of Champions
• Champion Induction
Fe
b 0
9 –
Ap
r 09 • Staff
Awareness Campaigns
• Staff Nominations
• Selection of Champions
Ju
ly O
nw
ard
s • Creativity Space
• Idea Generation Portal
• I & E Conference
• Internal Awards• Dialogues
Steps in Creating a Capacity for Innovation
• Embed a culture of Innovation and Entrepreneurship within the DBSA
• Identify I & E Champions and equip them with the relevant tools, techniques and skills
• Identify and communicate themes for project identification• Ensure a system of open innovation within the DBSA that
allows all staff to participate through simple processes• Ensure reward and recognition mechanisms are in place for
staff and champions – Bi – annual awards• Create opportunities for champions to interact with specialists• Create platform for discussions on entrepreneurship and
innovation through dialogues, seminars and the annual conference
• Identify strategic partnerships and support initiatives that deliver on mandate
Role of the I & E Unit
• Understand Innovation and Entrepreneurship in the context of DBSA
• Facilitate discussions that identify initiatives:• Within division• With other divisions if needed
• Actively participate in initiatives planned by the I & E Unit• Promote and understanding of I & E within the DBSA
(Championing)• Use tools and skills received in Workshops to actively
engage with staff on identifying projects and initiatives that could be selected for implementation
• Identify future I & E Champions• Assist with embedding a culture of innovation and
entrepreneurship within the DBSA
Role of the Champions
DBSA Innovation Champions
Internal
• A common, group wide understanding of Innovation• A shared vision towards solutions• Reward and recognition that fosters and promotes delivery• Implemented projects• Embedded culture and support for activities• Platforms available for idea submission
External
• Enabled identification and creation of strategic partnerships• Allowed for platform for collaboration – I & E Week and two
day conference : 16-21 November 2009, and dialogues• Creates the foundation for and Open Innovation System
What do we aim to achieve? – So What..
Internal
• 1st Innovation Awards at end of second quarter• Community garden project for staff and community• Launch creativity space• Identify new champions
External
• Host successful Innovation & Entrepreneurship Week and Conference
• Host Dialogues that promote collaboration• Develop strategy for open innovation system• Identify strategic partners
Next Steps – Now What….
A creativity space for staff
A transformation is needed !!
Adding a touch of color
Hands on @ the DBSA !!
Champions making their
mark !!
Placing the final
touches ….
And the end Result
Time to Celebrate !!
For more information contact:
innovation @ dbsa.org