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Sustainability, Corporate
Responsibility and Innovation
February 26th 2015
Lecturer: Tobias Webb
Tobiaswebb.blogspot.com
Innovation and sustainable business
1. What is innovation? How is it defined?
2. How does sustainable innovation apply to
business?
1. Examples: Interface / Phillips / DSM / Nike
2. Challenges of scaling sustainable innovation in
large companies
1. Future outlook
What is innovation? How is it defined?
The ‘Traditional’ sense
Innovation. Noun: the action or
process of innovating. "innovation
is crucial to the continuing success
of any organization”
synonyms: change, alteration, revolution,
upheaval, transformation, metamorphosis,
reorganization, restructuring, rearrangement,
recasting, remodelling, renovation, restyling,
variation; More a new method, idea, product, etc.
plural noun: innovations
"technological innovations
designed to save energy"
Innovation: An overused term? Hell yes
How does innovation apply to business?
Sustainability / modern sense
Let’s take a look.
Interface
A module flooring
company that sees
itself as:
"In the business of
creating change"
Podcast on SI at Interface
Podcast on Strategy at Interface
Philips: Let’s take a look.
Royal DSM: Let’s take a look.
Nike
Video
Factory engagement
Targets
Governance (what has
this to do with
Innovation? A lot)
Challenges of scaling sustainable
innovation in large companies
• Definitions
• Financial timescales
• Process and systems
changes
• Customer acceptance
/ commercial success
• Partnership challenges
Future outlook
• Key drivers solid - demographics, trends, etc
• Bumpy ride so far. Lots of challenges remain
• Collaboration should drive scale but policy frameworks,
incentives, customer interest and competitive behaviour by
companies means evolution rather than revolution
• Technology!!!

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Lecture Eight - Sustainability, Corporate Responsibility and Innovation

  • 1. Sustainability, Corporate Responsibility and Innovation February 26th 2015 Lecturer: Tobias Webb Tobiaswebb.blogspot.com
  • 2. Innovation and sustainable business 1. What is innovation? How is it defined? 2. How does sustainable innovation apply to business? 1. Examples: Interface / Phillips / DSM / Nike 2. Challenges of scaling sustainable innovation in large companies 1. Future outlook
  • 3. What is innovation? How is it defined? The ‘Traditional’ sense Innovation. Noun: the action or process of innovating. "innovation is crucial to the continuing success of any organization” synonyms: change, alteration, revolution, upheaval, transformation, metamorphosis, reorganization, restructuring, rearrangement, recasting, remodelling, renovation, restyling, variation; More a new method, idea, product, etc. plural noun: innovations "technological innovations designed to save energy"
  • 4. Innovation: An overused term? Hell yes
  • 5. How does innovation apply to business? Sustainability / modern sense Let’s take a look.
  • 6. Interface A module flooring company that sees itself as: "In the business of creating change" Podcast on SI at Interface Podcast on Strategy at Interface
  • 8. Royal DSM: Let’s take a look.
  • 9. Nike Video Factory engagement Targets Governance (what has this to do with Innovation? A lot)
  • 10. Challenges of scaling sustainable innovation in large companies • Definitions • Financial timescales • Process and systems changes • Customer acceptance / commercial success • Partnership challenges
  • 11. Future outlook • Key drivers solid - demographics, trends, etc • Bumpy ride so far. Lots of challenges remain • Collaboration should drive scale but policy frameworks, incentives, customer interest and competitive behaviour by companies means evolution rather than revolution • Technology!!!