At Ideacomb, we had conducted a survey of HR and Talent Management professionals about Role of HR in Innovation. We received comprehensive inputs from professionals across the industry verticals and we are very thankful to all for their time in participating this survey. Find herewith the slides SpadeWorx shared during a Webinar conducted on September 27, 2012.
5. WHAT DRIVES INNOVATION?
Source: http://suite101.com/article/working-as-a-group-or-a-team--teamwork-and-group-work-defined-a397857
6. “There are only three measurements that tell you nearly
everything you need to know about your organization’s
overall performance: employee
engagement, customer satisfaction, and cash
flow…It goes without saying that no company, small or
large, can win over the long run without energized
employees who believe in the mission and understand
how to achieve it…”
- Jack Welch, former CEO of GE
7. What is Employee
Engagement?
Team lunches
Offsite meetings
Performance Bonus
None of this results in consistently super-
charged, energized & engaged workforce
8. #1
Know Them
Know what’s most important to
people.
- from “Closing the Engagement Gap”
9. #2
Grow Them
Help them develop new skills
and advance their careers.
- from “Closing the Engagement Gap”
10. #3
Inspire Them
Embody your organization’s
values, and show concern
about employees’ well-being.
- from “Closing the Engagement Gap”
11. #4
Involve Them
Inform employees how they
contribute to the organization’s
performance, and involve them
in business processes.
- from “Closing the Engagement Gap”
12. #5
Reward Them
Appreciate their efforts, and
reward them for work well done.
- from “Closing the Engagement Gap”
19. Ideacomb conducted an online survey of HR & Talent
Management professionals across different Industry verticals
www.surveymonkey.com was used for the purpose of capturing
responses
Over 100+ HR and Talent Management executives within North
America participated in the survey
93% of the respondents believe that HR & Talent Management
executives have a role in fostering the culture of innovation.
Here are our findings
21. Industry Vertical
0% 1% 1% Agriculture, Mining
5% Construction
24% Finance, Insurance, Rea
l Estate
Government
1% 31%
1% Health Care
14% Internet
Manufacturing
9% 11%
2%
Retail, Wholesale
22. Who is accountable for
Innovation?
33% have a department
or function accountable
for innovation
CEO
Yes 6% 4%
33% Head of R&D
No Marketing
67% 46%
27%
Human
Resources
Learning &
9%
9% Development
Chief Innovation
46% believe innovation is Officer
the CEO’s responsibility
23. Do executives believe in
employee driven innovation?
How Important is employee-driven innovation to
the success of your organization?
Least Important Important Very Important
11%
21%
68%
Though…..
24. Innovation in Performance Review
Is "Innovation" one of Do innovation objectives
the key performance translate into "goals" for
objectives in the each employee?
performance review Yes No Not sure
process? 8%
Yes 31%
36%
No 62%
64%
OPPORTUNITY
25. What Motivates employees?
Team Progress 28.00%
Customer recognition 21.50%
Recognition by Management 65.60%
Opportunity to contribute in meaningful
52.70%
innovation
Financial Rewards 46.20%
26. Investment in Tools & Processes
Do you plan to invest in tools and processes to
enhance your innovation pipeline in 2012?
Yes No Undecided
30%
41%
29%
27. Conclusions
Innovation is not just a CEO’s job or R&Ds
Top down cultural change drives bottoms up
innovation
Transparency in Communication cultural
change
INTENT is there , what about ACTION ?
28.
29. Culture
Transparency in operations :
Senior leadership adopting social
media tools
Trust in employees, partners : Seek
contributions
Throw challenges. institutionalize
risk taking & rewards
30. Process
Innovation objectives & Goals for the
organization
Capture employee contributions
(ideas, achievements) throughout the
year
Embrace Feedback crowdsourcing -
feedback from across the organization
, not just manager inputs, in performance
reviews.
31. Tools
Idea capture and crowdsourcing
Instant feedback & Recognition thru
peer-reviews
Collaboration & Messaging
Employee blogs, wikis, Find Experts
– Proactive insights in your Talent
pool
32. Summary
Strategically drive
cultural change starting
Tools with executive
leadership
Process
Employ process model
that encourages
Innovation
Culture
Deploy tools to bring in
visibility
Get your Innovation engine humming!
33. At Ideacomb our focus is on providing
TOOLS to improve “employee
engagement” & drive Innovation in an
enterprise!
40. www.ideacomb.com
Ideate * Harvest * Emerge
Send your Comments/Feedback:
shekhar.dhongade@spadeworx.com
Shekhar Dhongade
Chief Operating Officer
SpadeWorx Software Services, Inc.
Hinweis der Redaktion
Disruptive/Revolutinary innovation drives …improved quality of life, - iPhone 1 has been revolution in the world of smart phonesEvolutionary innovation drives incremental value adds – iPhone 5 continues to drive incremental innovation, though leadsBoth are important for organizations to succeed
This led us to launch a survey of HR and Talent management professionals to seek their perspective on what role they play.Do HR and Talent management professionals have a role in driving innovation objectives in an organization.
Thank you for joining me today. I am very excited to see you have given your valuable hour for this webinar and I hope this gives you some of our perspectives on how Innovation is driving Change in our lives.
I live in sunny california…in the heart of silicon valley. As you might have guessed already….I love taking pictures of golden gate bridge from various angles.
This is the company I run. A team of individuals passionate about UX in enterprise scale applications and making your workplace a “social workplace”
68% Believe in employee-driven innovation
This where we see HR and Talent management professionals have opportunity to drive Innovation in an enterprise.
68% respondents felt employee-driven innovation is Important, while 70% do not have plans to implement any tools/processes, or are undecided about itUsage of social collaboration tools and processes can be a significant incentive for promoting the culture of innovationMetrics like “Organization Innovation Index” (Innovation goals met Vs Planned) will be of value. A running summary of such metrics incentivizes employees to contribute more. - 82% of survey respondents do not have such metrics99% of respondent believe “capturing & nurturing employee ideas can improve Talent Management Process”HR & Talent Management executives certainly have a larger role in fostering culture of innovation in an enterprise -------------there lies an Opportunity!