This weekend I came across an interesting job posting: Innovation Facilitator.
Måltidets hus (Norwegian Centre of Expertise: NCE Culinology) is hiring an innovation guru.
“The Innovation Facilitator will be a driving force and coordinator for innovation. In the area of industrial gastronomy, starting with consumer insight, process optimalization and open innovation”. By Norwegian standards, this is pretty radical. Here we see a public organization running innovation programs, developing open innovation processes and actively facilitating innovation processes. This job posting is far ahead of most comparable private firms in the area. Many of them could learn from this.
It’ll be exiting to follow this job as it get s filled. CEO Ellen S. Math Henrichsen is running an interesting innovation hub at http://www.nceculinology.no/index.cfm
Norwegian trade with Brazil rose by 49 % from 2009 to 2010. Growth in 2011 has been even stronger so far.
The number of Norwegian companies operating in Rio rose from 60 to 150+.
How’s that for a growth market?
But as always, culture, understanding and lack of networks and contacts hinder business success. Various bodies, including Intsok, NBCC and Greater Stavanger are facilitating value networks as we speak. Will we see a Value Network analysis for the Brazilian market soon? #vernallee ‘s framework could be a powerful eye-opener for companies going into the market.
U.S. Based bank Capital One purchased game-changing online bank ING direct US for $9 bn.
$9 bn. For 7 million customers. You do the math!
What Capital one gets is a well-running online banking business model. ING is built around an online consumer model. With only seven outlets in the US – all built as coffeshops – there is little in terms of traditional banking outlets. But probably more important is the culture Capital One is buying. ING Direct has always been a game-changer, a challenger, an innovator. That’s what’s worth paying a premium for.
But can you really buy culture? Knowing that between 50 – 7 % of m&a’s fail, what can be expected from this one? Keep your eyes on the likely fallout as cultures crash and the innovation engine that was worth paying $9 bn. for walks out the door and takes the innovation capacity with them…… Will this be another banking m&a down the drain?
Check out the picture series of ING Direct’s banking cafes.
Been working on developing the program for our upcoming Brazilian management camp. A Norwegian oil & gas company is going into a deep dive learning process.
Brazilian history, culture, business and strategy is on the menu. Local speakers and companies are lining up as we speak. It is going to be a powerful learning experience.
Will post the entire program and cases once it is ready to publish.
Over the last weeks I’ve been discussing an issue; innovation is much more of a change management issue than the literature normally addresses. Yes, focus has been moved from the “great ideas” to the “execution challenge”, and therein lies the issue.
The field of innovation should look closely to leading research on change management to make innovation happen. As Hamel talks about “innovation being everybody’s job”, well, quite a lot has to change before this is becomes an accepted, established truth.
Over the coming months, follow, debate and dicuss as we explore the issues around Innovation = change management + strategy
A few weeks ago I asked
“Imagine a iPad App that helps executives, managers,
creative employees, non-creative happy people and students lead innovation.
A app that lets you structure, faciliate and radically increase innovation.
A interactive app that creates a shared model and a shared language around innovation.
A app that’s fun, easy to understand, but still built on the latest research and theory on innovation.
Wouldn’t that be cool?”
Well, Tuesday, I am meeting a group of like-minded individuals ranging from Apple experts to
experienced industrial designers.
By Wednesday, our work should be of to a running start.
Just finished the 2010 production The Inside Job: a closer look at the financial meltdown.
It’s a two hours documentury/crime about the events (i.e. deregulations) that led up to the 2008 meltdown. Narrated by Matt Damon and filled with hard-hitting, easy-to-grasp statistics, the movie gives a hard, tough look at what really caused the financial crisis. A fan of Roubini’s book, Crisis Economics, this movie makes a lot of complex material easily accessible.
The movie – and book – should be on any MBA programs core curriculum.