Innovation Festivalv2

Jayshree Naidoo

Innovation in Action:

Case Study 3

who are we?

The Development Bank of Southern Africa is a development finance institute (DFI), that invests in assets both hard (physical) and soft (human & institutional)

our mission

The DBSA’s mission is to advance development impact in the region by expanding access to development finance and effectively integrating and implementing sustainable development solutions

strategic goals

1. Co-deliver social and economic infrastructure

2. Build human & institutional capacity

3. Promote broad based economic growth, job creation,

cooperation, integration and prosperity

4. Serve as a centre of excellence for development

financing, effectiveness & good governance

5. Engender sustainability, external and internal

strategic thrusts

1 - Broadening & DeepeningDevelopment Impact

7. PerformanceRecognition

& Reward

3. KnowledgeManagement

4. SmartPartnerships

5. Innovation & CorporateEntrepreneurship

6. Responsible Risk Taking& Risk Management

2. BB Black Economic Empowerment

8. Alignment of Strategy, Structure,

Processes & Culture

strategic thrusts

1 - Broadening & DeepeningDevelopment Impact

7. PerformanceRecognition

& Reward

3. KnowledgeManagement

4. SmartPartnerships

5. Innovation & CorporateEntrepreneurship

6. Responsible Risk Taking& Risk Management

2. BB Black Economic Empowerment

8. Alignment of Strategy, Structure,

Processes & Culture

who are we?

www.dbsa.org

the dbsa

journey ….

2007

/200

8 Corporate Strategy Portfolio expanded to include Innovation

2006

/200

7 Budget for Corporate Entrepre-neurship Ventures Approved

2005

/200

6 Internal Focus on Corporate Entrepre-neurship & Innovation

2008

/200

9 New Unit Created to Focus on Innovation and Entrep-neurship

an evolving focus

research focusthe key drivers for innovation delivery

1. Management Support 2. Performance Management with a specific focus

on Reward3. Innovation Capacity and4. Time Availability

the journey in detail

• Staff Awareness Campaigns

• Staff Nominations

• Selection of Champions

• Communicate details of Champions Bank wide

• Contract deliverables, 10% weighting on performance plans, induction

• Creativity Training, Six Thinking Hats

• Innovation training

• Entrepren-eurship training

Feb 09 – Mar 09 Apr 09 – May 09 Jun – Jul 09

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Creating a

brand• Internal Launch

Aug – Sep 09

Timeline

• 1st Awards Event

• 1st I & E Conference

• Youth Conference

• University Conference

• Champions Site visit and team building event at Soweto Towers

• Collaboration discussions

• Wits Symposium

Oct– Nov 09 Dec 09 Jan – Feb 10

• Leadership Breakfast

• Lateral Thinking Training

• Champion close out breakfast and certification ceremony

Mar …..

Timeline

the journey in detail

creating an awareness can be fun…

• Staff Awareness Campaigns

• Staff Nominations

• Selection of Champions

Feb 09 – Mar 09

generating hype …(hi champ!!)all levels…no titles… you are more than your job title

• Communicate details of Champions Bank wide

• Contract deliverables, 10% weighting on performance plans, induction

Apr 09 – May 09

leadership buy-inmanagement approval

Apr 09 – May 09

• Communicate details of Champions Bank wide

• Contract deliverables, 10% weighting on performance plans, induction

training and a chance to engage – use of specialists (S2S)

• Creativity Training, Six Thinking Hats

• Innovation training

• Entrepren-eurship training

Jun – Jul 09

role of the champion

• Understand Innovation and Entrepreneurship in the context of DBSA• Facilitate discussions that identify initiatives:

• Within division• With other divisions if needed• At dialogue sessions – with internal and/or external participants

• Actively participate in initiatives planned by the I & E Unit• Promote and understanding of I & E within the DBSA (Championing)• Use tools and skills received in Workshops to actively engage with staff on

identifying projects and initiatives that could be selected for the annual awards

• Identify future I & E Champions• Assist with embedding a culture of innovation and entrepreneurship within

the DBSA

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Internal Launch

Aug – Sep 09

inno-pulse room using entrepreneurial principles and a theme

create your own internal languageuse the tools in your creative process

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Creating a

brand• Internal Launch

Aug – Sep 09

create your own internal languageuse the tools in your creative process

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Creating a

brand• Internal Launch

Aug – Sep 09

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Internal Launch

Aug – Sep 09

internal launch .. numbers count – award and reward !!

• Innovation Summit

• Creativity Space• Idea Generation

Portal• Internal Launch

Aug – Sep 09

keeping it fun… (any excuse to celebrate)

is it implementable ?

• 1st Awards Event

• 1st I & E Conference

• Youth Conference

• University Conference

Oct– Nov 09

i & e conferenceplatforms for collaboration – the multi helix

• 1st Awards Event

• 1st I & E Conference

• Youth Conference

• University Conference

Oct– Nov 09

make it an adventure !!link to focus (tourism)

• Champions Site visit and team building event at Soweto Towers

Dec 09

the framework

Strategic Focus and Alignment

Knowledge Management

Idea Generation(ideation – tools)

Entrepreneurship Development

Enterprise Development & Support (BBBEE)

InnovationDe Bono, SAINe, Sense2Solve, I & E Week, Impumelelo, CPSI, TIA, NACI, Gibs (SE), Wits

Strategic Partnerships; e.g. JASA, SIFE, GEW (Endeavour), SAINe, I & E Week

Extern

al Focu

s

Project Origination to address development challenges and internal processes

Internal Focus

1

2

3

4

5

6

7

8

saine …

SAINe provides a platform for learning, sharing and collaborating on innovation. SAINe was created as a result of the Cofisa’s ISLP programme. All existing steering committee members were part of the original ISLP group.

The DBSA is one of the founding members of the South African Innovation Network.

Education is essential for sustainable development. The DBSA has created strategic partnerships with two institutions through the Innovation Unit that focuses on youth development. Recent discussions have resulted in the support of additional initiatives through introductions.

• Financial sponsorship of 3 programmes – Entrepreneurial Training of Youth, Grade 10 and above

• Sponsor development of a creativity board game

• Created linkages with COJ as part of the I & E Week – Youth Day

• Provide platform at all Innovation Events hosted at DBSA

• Ongoing support through introductions and advice

• Financial sponsorship • Partnered with SIFE to host University

day to equip students with practical entrepreneurial skills

• Presented to SIFE representatives on Lateral Thinking Tools and Innovation Concepts

• Provide a platform for SIFE at all Innovation Events hosted at DBSA

• Ongoing support through introductions and advice

strategic partnerships

The DBSA through the Innovation Unit tries to provide ongoing support for initiatives sponsored financially in the past. This includes an ongoing strategic partnership with Impumelelo Innovation Awards Trust. • The launch of the 2010 Sustainability Awards and the

Environmental Replication Workshop was hosted by the DBSA.

• The DBSA will provide ongoing support to Impumelelo to replicate innovations that have been awarded

strategic partnerships

the power of the network

collaboration at work

For more information or to be included on our database:

[email protected] 011 313 3374

contact us