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Even within innovative companies such as ours, this type
of approach is not common. Drive to Perform,
as a team development opportunity, was one of those occasions that should be recommended
for both its objectives and its achievements. The learning experience has lead us toward
greater success.
Being
#1 or #2 in the world in what you do probably means that you have solid strategy, extreme
capabilities, bleeding-edge technology, many proven best practices and that
your acquisition for top talent is a no brainer-- right?
Of course you have a large pipeline of new opportunities and lots of R&D
money for the next best thing. A
given, for sure.
No, you
say. It doesnt work like that. Even with the industrys largest market share,
double-digit profitability, the expense line under control, and new product launches
waiting in the wingsyour organization is scrambling because the competition is
taking new and virulent forms. Your industry
is convulsing with break neck demands and there are unprecedented changes in how the
leaders in your industry (and, thats YOU!) are learning to accelerate
speed-to-market cycles and work in tandem with new strategic alliances and partners. Your latest
and greatest (just three months ago when it got all the accolades and even a Performance Excellence Award from the CEO) is but a
faint memory. You must find something else fast.
Ask any
pro athlete or competition team and they will tell you that the best has to keep getting better. Being #1 or #2 is one thingstaying there is
everything else.
One of
Innolects primary clients (in the Fortune 50) explained that they needed to double
their revenue in five years and that they knew they had to get very creative with their
talent. Despite capturing and holding the lead
in several product lines for many years, disciplined cost cutting, leveraging resources,
and a hefty commitment to R&D to assure a steady pipeline of new products, this client
knew instinctually that something radical had to
shift in how they were doing business in order to make the gains in the time allotted.
Innolect
was pulled into strategy discussions with the client to capture the Big Picture and became part of the SWAT Team. The
challenge was to develop innovative ways to engage the organization in change that would
produce the results the company needed. Innolect
worked closely with senior leaders and then collaborated with a few select teams in the
organization to pilot some new approaches. This
case study focuses on one team.
The
R&D team had very steep objectives realizing that discovery and corporate growth were
on their shoulders. Review R&Ds
objectives as they were identified for Innolect and the actions that we helped design and
facilitate. The resulting learnings and
intended strengthening and development of new competencies are also recognized.
Objectives |
Action |
Learnings/New or Strengthened Competencies |
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Objectives |
Action |
Learnings/New or Strengthened Competencies |
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Okay
can you just project yourself into our clients world and feel the pain?
Innolect believes that people are smart and actually have the capability
already inside to accomplish a great deal. Most
people just need to be asked to reflect to find out what both their gut and experience
lead them to believe.
Innolect
uses an approach called Innovative Intelligence
which guides people through a process that begins with curiosity and wonder where creative
insights lead to new ideas. This new thinking
begins to gel and form breakthroughs to try new things.
People become more comfortable with taking risks that often lead to a
discovery or innovation that opens a path toward new products, work processes, or a
significant strategic alliance. People become
engaged in trailblazing amidst constant change and uncertainty. They increase their confidence in decision making
and action. They learn to support one another
for making such inspired choices. They take a
profound interest in the success of their new ideas and learn why things work or why they
dont. Mostly, they learn to think and
act quickly and in unison and keep focused on the higher ground.
We
collaborated with the R&D team in designing a series of interventions that included
the following:
Innolect
designed many ways to assist the R&D team in making strides to achieve the corporate
challenge for growth and profitability. One of
the most significant goals for the R&D leader was to enhance cooperation and achieve real collaboration among three significant teams
within the organization related to identifying and managing the pipeline opportunities. Teamwork and mutual commitment were essential to
increase the odds of converting pipeline opportunities into profits. Emergent technologies had increased the odds for
more success. However, time-consuming and
costly parts of the R&D process depended much more on the discipline and dedication of
peopleas well as their agility to make wiser and earlier decisions about which
opportunities to pursue and which to cut loose.
There
was an increasing trend in the industry for companies (as large as our client) to shift
some of the product development to alliance partners.
The larger companies needed to move more quickly into other aspects of
product development such as securing strong product launches to accelerate market
acquisition and creating a highly successful alliance partner management process.
In
fact, identifying, building, and managing key stakeholder relationshipsinternally
and externallybecame more and more significant to our clients success. Yet, to get there the R&D leader had to engage
his cohorts in a radical change of how they worked together to achieve the phenomenal
success they needed.
The key
challenge was how to encourage these bright people who already knew a great deal about
being successful to take the next leap and go after even greater collaboration, even
smarter strategy, new ways to work, and new
alliances to accelerate profits. Enter
Innolects latest creation of innovative learning experiences-- Driven to PerformThe Richard Petty Driving
Experience and The Pit Crew Challenge- developed with our alliance partners The Richard Petty Driving School and Pit Instruction and Training 5 Off 5 On. The
following is an account from our client of what they experienced during and after Driven to Perform.
Ø
The NASACR environment proved the perfect arena to enhance the
team experienceit was fun, provocative, logical, inviting, and safe. Driven to Perform prompted us to achieve a deeper
personal understanding of ourselves and colleagues and how we operate in teams by learning
to look through a totally different lens. This enhanced awareness of one another and how
we think and work has resulted in strategic insights and action plans related to the
challenges and opportunities that we face.
Ø
This exciting experiential learning experience helped us raise
interesting questions, provided an opportunity to offer new perspectives, and suggest new
linkages. Driven to Perform unleashed new
insightsthe foundation of creativity and strategyand triggered internal
knowing that will definitely increase our speed to marketthats the
bottom line.
Ø
In addition to the actual Pit Crew Challenge and weighing in on
the driving challenge to take the racer around the track, a critical element of Driven to Perform was the second day to reflect
and build on connections and parallels to the real job. Accomplishments were real,
building on the teamwork and achievements from the track and resulting in a number of
concrete and collaborative action plans.
Ø
We have worked hard and remained focused on building a
highly cooperative, flexible operation despite the challenges presented to us. Driven to
Perform offered us an opportunity to discover more of our own assets, identify
exciting new opportunities, and to leverage them and our own teamwork for greater success.
It is
that fourth competency be creative! Shift
your lens and experience your own deep knowing. It is the new insights, breakthrough ideas, risk
taking, innovations, and teamwork that propel a company to be #1 or #2and, stay
there.
For more information call your corVISION representative 877-364-7485.