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Challenge Driven Innovation Helen Goulden 5 th March 2013
18
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Challenge Driven InnovationHelen Goulden5th March 2013

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Challenge

• Costs of long term health conditions

• Ageing population

• Depletion of natural resources

• Changing climate

• Cuts to public funding

• Financial crisis & Unemployment

• Competition from emerging markets

Societal

Environmental

Economic

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The Evolution of…

…aligned to these wider trends

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• Business Innovation trends

• Public & Social Innovation trends

• System innovation as an organising principle when addressing complex challenges

Next 15 Minutes

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Customer Crowdsourcing

Open Call for Ideas

Prototype the best

Reward The

Winners

“Help us reduce packaging” “Help us mitigate climate change”

• Strategic Marketing• Corporate Responsibility Engagement• Product development

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Some customers are more useful than others…

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Open Innovation

www.openinnovation.eu

Sharing Data & Researchwith non-competitors

Users, Developers & VirginCo-designing new services

Online community developingnew fundraising products

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Stimulating

Engageme

nt

Greater

Involvemen

t in Decisi

ons

Co-Production

Crowdsourcing ideasWidening perspectives

e.g. Participatory Budgeting

User centred design

e.g. Co-delivery of public services with

service users

Opening up Public & Social Challenges

Alongside mechanisms with explicit focus on Challenge/ desired outcomes:

# Social Impact Bonds# Outcomes Based Commissioning# Payment by Results# Forward Commitment Procurement

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Do we understand the system well enough?

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System Challenge: Ageing

Ageing Population

Promote self-management

Services that build social fabric

Outcome-orientedFunding tools

Recognition of social as well as biomedical

factors

Asset-Based approach

Markets that cover creating informal

care networks

People & Professionals