harnessing business innovation

Manchester Awarded Most Admired Knowledge City Region 2009

Harnessing Business Leadership

Dr Cathy GarnerChief Executive Officer,Manchester : Knowledge Capital


• 2007 – Stakeholder Groups (usual suspects/predominantly public sector/usual analysis)

• 2008 – Innovation Teams (unusual suspects/private sector/new ideas) (70 leading business people specially selected: external challenge)

– Digital

– Creative Industries

– 21st C Logistics

– Advanced Manufacturing

– Sport

– Health and Life Sciences

Define the Opportunities

• Orient team

members• Define desired

Outcomes• Discuss strategic

Recommendations • Begin prioritization

[PAIN]

Form Business Plans

• Select priorities• Identify

timeframes• Identify cross-

cutting issues• Identify critical

resources• Identify

sustainable champion

[AGONY]

Finalize & Execute

• Gain consensus on each element of plans

• Select performance metrics

• Finalize implementation direction and goals

[DELIGHT]

Leadership or Team member org. implements

Non- Team/ Committee member org. implements

Cross-cutting partnership implements

Finish DateStart Date

Interim Meeting Assignments

Innovation Teams present business plans to Leadership Team

Our Approach to Consensus Building: Innovation Teams

A disciplined process for achieving significant progress in an accelerated timeline: Innovation Teams of 10-15 individuals with senior expertise and know-how

© M:KC/ NES


Key:

Public

Private

Academic

Charity/ NFP

Image & analysis by Daniela D’Andreta


Innovation Boardroom


• Innovation Manchester Network– Growing the Network – deliberate actions (Innovation Activist);

Enlightened Self Interest;

– Maintaining the Network (Social Media strategy)

– Leveraging the Power of the Network for Economic Growth: Examples:• Members reaching into M:KC as/for partners;• Improved networks inside the universities;• Airport; Chamber of Commerce Awards and RAW2010;• Major corporates reaching into MCR for links to supply chains and

customers for open innovation;• Entrepreneurs inspired by involvement to set up own funds in MCR• Direct spin-offs from projects

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• Summary on Engaging Business Leadership for Innovation and Economic Growth:

1. Create a community - HOW you do this is vital – the WHAT will follow

2. Innovation Process is structured AND creative

3. Get the right PEOPLE to help

4. Keep up the Momentum and Refresh/use social media

5. Ingredients are necessary but not sufficient

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