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Sparks to fire up your innovation combustion

This coaching session discusses the different levels of innovativeness.

Starring: Inna (Innovation Leader in a large Pharma corporation) and Wim (coach for Innovation Leaders). [Transcription far below]

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Transcript

Inna:

⁃ Hi Wim, can you discuss more in depth the criteria for innovations?

Wim:

⁃ Sure! As mentioned, for me, the most important criteria for innovations are: 1. that they are new and 2. that they create value for our company and/or for our customer

Inna:

⁃ Can you elaborate more about “new”?

Wim:

⁃ There are multiple levels of innovations. We used to look at innovations in 3 steps: New for the company; New for the industry; New, never done before – the sky is the limit. Let me explain:

⁃ 1. New for the company. As an example, this innovator created an adherence program for a chronic medication. This was inspired by similar programs developed by other Pharma companies.

⁃ 2. New for the industry. For example, to directly engage with patients, we added a QR code on packaging. This was inspired by QR codes used by consumer goods companies.

⁃ 3. New, never seen before. This is of course the most difficult, but also potentially the most rewarding level. An example is a Pharma company that secures investment from governments to develop, at very high risk, a much needed medication. We saw this recently happen for the development of the covid-19 vaccines and a similar approach has also been proposed for the development of new antibiotics.

Inna:

⁃ That’s straightforward! Should I focus on the 3rd level ones?

Wim:

⁃ Not necessarily. Each level has it’s own value. You may want to allow level 1 innovations when starting up an innovation program. This will help to create confidence with employees and will generate quick wins. Then you will have a good base to move the focus towards level 2 and 3 innovations.

Inna:

⁃ Thanks!

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