talent management october 2015
TRANSCRIPT
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All you wanted to know about talent management in the workplace
by Toronto Training and HR
October 2015
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CONTENTS3-4 Introduction5-6 Definitions7-9 Types of innovation10-11 Stages of the innovation process12-13 Competitiveness of countries regarding innovation and technology14-15 A protocol for innovation16-17 The early phase of the diffusion of innovation18-19 Direction of innovation flow20-21 Building a minimum viable innovation system22-23 Chief Leaning Officers and innovation24-26 HR practices to boost innovation27-28 Perceptions of an innovation-focused HR system29-30 The innovation ecosystem model31-32 Checklist for running a business experiment33-34 A sample innovation path35-36 Looking through an innovator’s lens37-38 Generating and sustaining everyday innovation39-41 Increasing the ability of individuals to innovate 42-45 Ways to promote innovation46-47 Propensity to innovate48-49 Innovation in Silicon Valley50-51 Conclusion, summary and questions
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Introduction
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Introduction to Toronto Training and HR
Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden
10 years in banking
15 years in training and human resources
Freelance practitioner since 2006
The core services provided by Toronto Training and HR are:
Training event design
Training event delivery
HR support with an emphasis on reducing costs, saving time plus improving employee engagement and morale
Services for job seekers
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Definitions
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Definitions • Innovation
• Creativity
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Types of innovation
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Types of innovation 1 of 2
Finance
• Business model
• Networking
Process
• Enabling process
• Core process
Offering
• Product performance
• Product systems
• Service
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Types of innovation 2 of 2
Delivery
• Channel
• Brand
• Customer experience
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Stages of the innovation process
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Stages of the innovation process
• Initiation
• Implementation
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Competitiveness of countries regarding
innovation and technology
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Competitiveness of countries regarding innovation and technology
• USA 9.01
• China 7.36
• Japan 6.4
• Germany 4.32
• Singapore 3.69
• France 3.62
• Canada 3.30
• UK 3.23
• Finland 3.10
• Australia 3.02
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A protocol for innovation
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A protocol for innovation
• Idea generation
• Impact
• Incubate
• Invest
• Integrate
• Improve
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The early phase of the diffusion of innovation
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The early phase of the diffusion of innovation
• Phase one
• Phase two
• Phase three
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Direction of innovation flow
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Direction of innovation flow
• Outside-in
• Inside-out
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Building a minimum viable innovation system
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Building a minimum viable innovation system
The first 90 days
• Day 1-30
• Day 20-50
• Day 20-70
• Day 45-90
• Questions to ask
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Chief Learning Officers and innovation
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Chief Learning Officers and innovation
• Motivation
• Continuous learning
• Mobile/performance support
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HR practices to boost innovation
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HR practices to boost innovation 1 of 2
• People
• Performance and reward
• Work and organization
• Communication and information
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HR practices to boost innovation 2 of 2
• Ability
• Motivation
• Opportunity
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Perceptions of an innovation focused HR
system
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Perceptions of an innovation focused HR system
• Recruitment and selection
• Training and development
• Performance management
• Compensation
• Teamwork and job characteristics
• Employee participation
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The innovation ecosystem model
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The innovation ecosystem model
• Creativity
• Education rates
• R&D
• Capital access and government programming
• Market conditions and business attitudes
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Checklist for running a business experiment
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Checklist for running a business experiment
• Purpose
• Buy-in
• Feasibility
• Reliability
• Value
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A sample innovation path
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A sample innovation path
• Ethnographic research
• Participatory research
• Evaluative research
• People and systems
• Patterns and priorities
• Problem framing
• Concept ideation
• Modelling and prototyping
• Design rationale
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Looking through an innovator’s lens
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Looking through an innovator’s lens
• Acknowledge
• Reframe
• Connect
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Generating and sustaining everyday innovation
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Generating and sustaining everyday innovation
• Brand
• Assess
• Spark
• Implement
• Sustain
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Increasing the ability of individuals to innovate
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Increasing the ability of individuals to innovate 1 of 2
• Discovery-associational thinking
• Delivery-linear thinking
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Increasing the ability of individuals to innovate 2 of 2
• Associating
• Questioning
• Observing
• Experimenting
• Networking
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Ways to promote innovation
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Ways to promote innovation 1 of 3
• Seek out the right people
• Recognize that everybody has a part to play in driving innovation
• Have an innovation process, while remembering there is no one ‘right’ process for every organization
• Communicate and listen
• Don’t just say no
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Ways to promote innovation 2 of 3
• Think strategically and keep your radar turned on at all times
• Look for collaboration opportunities everywhere
• Make sure creative efforts are valued and rewarded
• Don’t scare away innovation with a steep price for mistakes or failures
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Ways to promote innovation 3 of 3
• Be open to small-scale experiments
• Learn from people both inside and outside the organization
• Don’t neglect social media
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Propensity to innovate
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Propensity to innovate
Case study-robotic surgery in Italy
• Openness to innovation
• Fascination with new technology
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Innovation in Silicon Valley
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Innovation in Silicon Valley
• Components
• Behaviours
• Other economic regions around the world
• Lessons for businesses, entrepreneurs and venture investors
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Conclusion, summary and questions
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Conclusion, summary and questions
Conclusion
Summary
Videos
Questions