Traditional accounting methods are used to measure, monitor and manage innovation. However, it is also considered as a major innovation blocker.
PwC’s study from November 2018 highlights: ‘there is no statistically significant relationship between how much a company spends on its innovation efforts and its sustained financial performance’ (Global Innovation 1000 study)
The job of Innovation Accounting is to change just that, it maximises the bets an organisation can place to create new sustainable business models. It demands meaningful metrics to monitor progress, holds intrapreneurs accountable and gives them the necessary freedom and agility to succeed.
Join us and take your first step to building your Innovation Ledger.
Who is this for? Corporate Intrapreneurs; Innovation Executives; Startups founders; Change Managers; (Digital) Transformation Managers
What will you take away?
A new approach to funding projects and portfolios
A new approach to measuring team performance
The fundamentals of relating learning to financials
About Elijah Eilert – Lean Startup Coach (currently based in Melbourne/Adelaide) Elijah grew up in Germany and has worked in various industries across six countries.
His passion for an evidence-based approach to entrepreneurship evolved from the frustration of applying traditional business planning and project management to his first Startup – which he co-founded in China in 2007.
Elijah has worked with large organisations such as Microsoft, research institutes like Fraunhofer and federal government bodies overseas. The vision and scientific approach that Lean Startup and subsequently Lean Innovation contributes to innovation is where his interest and passion lies.
Friday 30 November 2018, 11:30am – 2pm @QUT foundry
P-Block, Gardens Point Campus, 2 George St, Brisbane
Really excited to facilitate the first Playing Lean 2 in Australia after its globally official release!
Playing Lean is the world’s first management game that teaches the Lean Start-up concept and experience in innovation and business development.
Similar to version 1, in Playing Lean 2, each team takes charge of start-up that compete to reach the final goal as selling to the majority market.
In order to succeed, the teams need to run experiments to find customer demand, develop product features relevant to target customers and expand the market share.
Based on the Value Proposition Canvas, Playing Lean 2 builds new concepts and ideas such as Talent Auction at the beginning of each round, which helps to upgrade your company and earn competitive advantage in the market.
Team players have learnt a lot with practical models and real examples from innovation world when Joeri (Yuri) Timmermans explains the concept at each experiment.
Special thanks to Marc, Geoff, Ash, Maria, Justin, Randall, Gerarda, Mark and Neil for joining and making the game enjoyable and informative!
We can’t wait to introduce this game in innovation workshops in the future.
‘Results Not Embroidery’ | Corporate Innovation as Management Practice
This interactive workshop and round table discussion will be facilitated by Peter Glasheen, Head of Faculty Innovation360 Group AB of Stockholm and Principal of Stratovation (this workshop is not a sales pitch!).
During this session Peter will focus on:
– Corporate Innovation Maturity/Capability Assessments and metrics
– Helping you get a better understanding of why and how organisations around the globe (private and public) are able to assess and measure their strengths and weaknesses of their innovation capabilities.
– How these assessments help guide organisation’s strategies, decisions and resource allocation for increasing their chances to succeed with their innovation efforts.
Peter will be using the Innovation360 framework and InnoSurvey® for assessing innovation capabilities that bridges science and business through AI, data driven analysis and insights from over 6000 organizations in over 60 countries. It is one of the largest databases of organisational capabilities available globally, allowing benchmarking against best in class innovators across all regions and industries.
This event is for you if you are:
Entrepreneur or researcher that wish to understand more about corporate innovation
a person that wishes to understand more about corporate innovation, how to assess and improve
This session will help you to sell to your first 10 customers, and then how to adjust as you sell to your next 90 customers.
This event is ideal for companies that are selling to their first 100 customers and are SaaS based (Software as a Service).
About the presenter, Paul provides assistance to startups to upgrade their sales skills. Paul has been an enterprise sales executive for the past 18 years and has personally sold over $40M in transactions. His industry background is software, technology and ICT consulting.
Winner of the 2018 Management Book Of The Year Award for Innovation and Entrepreneurship
How can companies overcome major innovation challenges? This event will give you insight into Dan Toma’s unique perspective on ideation, business transformation and the current innovation climate in different parts of the world.
– Dan Toma –
Innovation Expert | Author | 12 years digital product ownership experience | MBA | certified lean startup coach
Dan comes from an entrepreneurial background – he has been involved with technology startups across the world. Puzzled by the questions ‘why are innovative products mainly launched by startups?’, he focuses on enterprise innovation strategy – specifically on the changes blue-chip organizations need to make to allow for new ventures to be built in a corporate setting.
In this capacity he worked with companies like DNB Bank, World Bank, GroupDeutsche Telekom, Bosch, Jaguar Land Rover, Bayer, John Deere, Allianz, BMW. Dan has also worked with various government bodies, in Asia and Europe, helping developing national innovation ecosystems and implement national innovation strategies.