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Improving Your Innovation Potential Using the Innovation Maturity Model

Improving Your Innovation Potential Using the Innovation Maturity Model. 2009 CII Annual Conference Reno, Nevada. Where Were You 12 Months Ago?. What is Innovation?.

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Improving Your Innovation Potential Using the Innovation Maturity Model

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  1. Improving Your Innovation Potential Using the Innovation Maturity Model 2009 CII Annual Conference Reno, Nevada

  2. Where Were You 12 Months Ago?

  3. What is Innovation? Innovation is the act of introducing improvement in a process, product or system that is novel to the organization and results in increased value for stakeholders

  4. Why Worry About Innovation? • Clear link between most admired, most profitable and most innovative firms • Need for greater speed and specific customer needs • Essential to prosperity and survival

  5. EPC Industry Perception: Key Findings How innovative is the EPC Industry? 74% say Neutral to Highly Non-Innovative Satisfaction with innovation within the company? 55% Neutral to Highly Dissatisfied Where does innovation most easily occur? 71% Individual Projects Where is innovation most needed? 85% Department or Organization-wide practices

  6. Key Attributes of Innovation Leaders • Leadership • Learning • Processes • Collaboration • Culture • Customer focus • Resources • Risk perspective These key attributes form the structure for the Innovation Maturity Model.

  7. Measuring Innovation Attributes

  8. Measuring Innovation Attributes (continued)

  9. Testing the Innovation Model Additional data from CII and Charles Pankow Foundation Members • Southland Industries • WorleyParsons • CH2M HILL • Fluor • CSA • U.S. Army Corps of Engineers interactive case study

  10. Testing the Innovation Model • Hundreds of additional survey responses logged • Results consistent with initial findings but generally more positive

  11. Case Study Insights • It’s not about the numbers. • Use the Model to stimulate in-depth conversation and critical analysis. • Strong connection to lean philosophy.

  12. Key Attributes of Innovation Leaders Leadership Learning Processes Collaboration Culture Customer focus Resources Risk perspective

  13. Clear Common Patterns from Case Studies Areas of strength Opportunities for improvement

  14. Key Opportunities for Improvement • Schedules and budgets are too tight to take a chance on something new • Lack of resources including staff time • Lack of a firm strategy for innovation • Owners do not recognize the value • Risk perspective does not favor innovation • Single event thinking

  15. Attitude Towards Risk • Counter-productive risk perspective • Risk can be profitable if properly syndicated • EPC customs tend to concentrate risk • Attitude towards change • Single event thinking

  16. Implementation Session! 4:30 pm today and 9:30 am tomorrow in Tuscany 8 Where Do We Go from Here?

  17. Where will we be next year?

  18. Implementation Session4:30 pm today Tuscany 89:30 am tomorrow Tuscany 8

  19. 2009 Annual Conference Reno, Nevada July 28-30, 2009

  20. Construction Industry Institute Benchmarking User Award Construction Industry Institute General Motors BE&K, A KBR Company Annual Conference Reno, Nevada July 28-30, 2009

  21. 2009 Annual Conference Reno, Nevada July 28-30, 2009

  22. Construction Industry Institute Implementation Sessions: Wednesday 4:30 p.m. and Thursday 9:30 a.m. Information Integration to Improve Tuscany 9 Capital Project Performance Don’t Gamble with Your Project’s Performance: Tuscany 10CII Benchmarking & Metrics Case Study: U.S. Department of Energy Tuscany 11& Hill International Improving Your Innovation Potential Tuscany 8 Using the Innovation Maturity Model Annual Conference Reno, Nevada July 28-30, 2009

  23. Wednesday Evening 7:00–10:00 pm Welcome Mixer:“The Magic of CII” 8:45 pm The Magic Underground

  24. Construction Industry Institute Implementation Sessions: Wednesday 4:30 p.m. and Thursday 9:30 a.m. Information Integration to Improve Tuscany 9 Capital Project Performance Don’t Gamble with Your Project’s Performance: Tuscany 10CII Benchmarking & Metrics Case Study: U.S. Department of Energy Tuscany 11& Hill International Improving Your Innovation Potential Tuscany 8 Using the Innovation Maturity Model Annual Conference Reno, Nevada July 28-30, 2009

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