Innovation

An internal organisational program, based on
a systematic scalable model, that allows each employee to submit, pitch and execute valuable ideas in order to achieve meaningful business outcomes.

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Innovation Program

Main Steps
1
Executive Challenge
Each quarter a different
strategic challenge is on the spotlight and all employees are encouraged to submit their ideas.
2
Inno-Leaders
A designated team that undergoes special training to guide initiators on how to formulate and build a value proposition for their ideas.
3
Inno-Committee
A quarterly executive
meeting to filter out ideas, based on set criteria, and to decide which ones go up to execution phase.
Execution Phase
A status meeting with relevant decision makers for each chosen idea to follow-up and monitor all execution processes.
1
Executive Challenge
Each quarter a different
strategic challenge is on the spotlight and all employees are encouraged to submit their ideas.
2
Inno-Leaders
A designated team that undergoes special training to guide initiators on how to formulate and build a value proposition for their ideas.
3
Inno-Committee
A quarterly executive
meeting to filter out ideas, based on set criteria, and to decide which ones go up to execution phase.
Execution Phase
A status meeting with relevant decision makers for each chosen idea to follow-up and monitor all execution processes.

Core methodologies & skills

  • Design Thinking Methodology
  • SCAMPER: Creative Thinking Tools
  • TRIZ: Inventive Problem-Solving Method
  • Problem Analysing RCA method
  • Lean Canvas and Value Proposition
  • Execution Work Plan
  • Harnessing partners for your venture
  • 5 Minutes Pitch
125
Ideas
On average per organisation per year
80
Initiators
On average per organisation per year
4
Executions
On average per organisation per year
/

Questions & answers from the Quatro Team


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How do you measure success in innovation?

4 criteria for success:

  1. Number of employees who suggested ideas in a year.
  2. Number of valuable ideas that were accepted in a year.
  3. Number of projects that reached to the execution phase.
  4. Length of time between an idea was submitted by an employee and the employee getting a Go/No Go decision from the relevant decision maker.
What do employees get out of this?

Why should employees take an active role and suggest ideas?
Here are a few reasons:

  1. Every employee who wants to pitch an idea gets personal
    mentorship and gains valuable entrepreneurial skills.
  2. Employees have an opportunity to present to high-level decision
    makers and improve their personal branding in the organisation.
  3. The process of formulating and implementing an idea gives each
    employee the opportunity for new experiences that boost
    motivation and passion.
How do you make sure that ideas are being executed?

The execution stage is crucial. When the management team gives a green light to an idea to go to execution, the team needs to also approve the execution plan, which includes: a budget, who the owner of the project is, what are the deadlines for each milestone, and which interfaces are involved.
Once every 2 months there is a status meeting with all execution stage teams to make sure that they are on track.

Does the program create incremental or disruptive innovation?

The innovation program aims to create business value through revolutionary ideas and the creation of new ground-breaking opportunities, but also through meaningful improvements to existing products/services/work processes. The challenges presented by managers, as well as their openness to allocating resources in cases of uncertainty, will often dictate what kind of innovation will be the result of this program.