leading global innovation for international market success...

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SVPMA Monthly Meeting January 9, 2018 Karina R. Jensen, PhD Founder and Managing Director, Global Minds Network Practice Director, Centre for Leadership and Effective Organisations Professor, Global Innovation and Leadership NEOMA Business School, France Leading Global Innovation for International Market Success

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Page 1: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

SVPMA Monthly MeetingJanuary 9, 2018

Karina R. Jensen, PhD

Founder and Managing Director, Global Minds Network

Practice Director, Centre for Leadership and Effective Organisations

Professor, Global Innovation and Leadership

NEOMA Business School, France

Leading Global Innovation for

International Market Success

Page 2: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front
Page 3: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Achieving Global Performance

The inability of leaders to facilitate global

innovation and collaboration affects

organizational performance:

• Concept design

• Strategic planning

• Marketing

• Operational efficiency

• Customer connection

• Global sales performance

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Multicultural Collaboration Challenges

Understanding & Support of Global Strategy

Interactive Dialogue

Team Participation

Trust-building

A majority (88%) listed culture as a predictive element in global team work.

Source: Global Innovation & Collaboration Study, Dr. Karina Jensen, 2014

Page 5: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Leading Global Innovation

Creation

Planning

Validation

Go to Market

Performance

Vision

Leadership &

Strategy

Multi-cultural Collaboration

Space

Organizational

Culture & Climate

Dialogue

Knowledge-

sharing & Cross-

cultural Learning

Source: Multicultural Innovation Framework, Dr. Karina

Jensen, Global Minds Network, 2018

Page 6: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Vision

Leadership &

Strategy

Space Dialogue

Page 7: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Leadership Style

Creation

Planning

Validation

Execution

Multicultural Team

Performance

Source: Leading Global Innovation,

Dr. Karina Jensen, 2017

Page 8: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Product Innovation Process

R&D Product Design Go-to-Market

NPD - New Product Dev

GTM - Go-to-Market

PlanningCreation ValidationLaunch Preparation

Worldwide Introduction

Discovery

Definition

Design

Testing

Feedback

Strategy

Market

Research

Analysis

Business Case

Development

of Product

Features,

Pricing,

Messaging,

Marketing

Announce

Deliver

Front End Innovation

70% indicate that trust-building and creativity occur during front-end phase.

Market potential and trends

Market requirements

Product localization needs

Local competition

Customer knowledge,

validation, and expectations

Budget and resource allocation

Source: Global Innovation & Collaboration Study, Dr. Karina Jensen, 2014

Page 9: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global or Local Strategy?

70% of study participants indicated that front-end activities are centralized.

Source: Global Innovation & Collaboration

Study, Dr. Karina Jensen, 2014

Page 10: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Local to Global Strategylocal market knowledge as competitive advantage

HQGlobal Value

Creation

Sub 1 Asia Role

Sub 2 AsiaRole

Sub 1 Europe

Role

Sub 2 Europe

Role

Sub 1 Americas

Role

Sub 2 Americas

Role

Sub 1 Africa/

Middle EastRole

Local value

creationLocal value

creation

Source: Leading Global Innovation,

Dr. Karina Jensen, 2017

Page 11: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Leadership and Strategic

Co-creation in Practice…

Page 12: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Vision

Space Dialogue

Knowledge-

sharing &

Learning

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Knowledge-sharing Across Cultures

▪ Structure

▪ Communication context

▪ Power

▪ Knowledge status

▪ Openness

▪ Building on ideas

▪ Initiative

▪ Recognition and support

▪ Response

▪ Feedback process

88% believe that national culture affects knowledge-sharing behaviors.

Page 14: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Collaborative

Dialogue

DialogueRespondListen

• Facilitation

• Open

Communication

• Social Networking

• Knowledge-

sharing

• Cross-cultural

Learning

Source: Leading Global Innovation,

Dr. Karina Jensen, 2017

Page 15: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Knowledge-sharing and Learning

Global Teams

Social Networking

Knowledge-sharing

Cross-cultural Learning

• Knowledge facilitator

• Effective platform

• Interactive workflows

• Collaborative tools

• Live forums and

communities

• Spontaneous

sharing

Source: Leading Global Innovation,

Dr. Karina Jensen, 2017

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Knowledge-sharing and Learning

in Practice…

Page 17: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Vision

Space

Organizational

Culture &

Climate

Dialogue

Page 18: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Innovation Culture & Climate

Cultural

Empathy

Global Teamwork &

Cultural Diversity

Creativity

Global Ideation &

Innovative

Thinking

Collaboration

Transparency &

Knowledge-

sharing

Agile

Performance

Page 19: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Innovation Culture and Climate

in Practice…

Page 20: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Global Collaboration Drivers

VISION

DIALOGUESPACE

Leadership & Strategy

Organizational Culture & Climate

Knowledge-sharing & Communication Process

Create a common vision, values,

and language.

Develop an open and

collaborative team climate.

Create dynamic and

interactive conversations.

• Leader as knowledge facilitator

• Engage team members in front end

• Practice strategic co-creation

• Establish on site and virtual collaboration space

• Ensure time and place for ideation

• Create transparency for project collaboration process

• Listen and respond to local market voices

• Promote frequent interactions, live and virtual

• Understand and promote culturally diverse views

Source: Global Minds Network, 2017-18

Page 21: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Q&A

Your thoughts or questions about

leading global product innovation?

Page 22: Leading Global Innovation for International Market Success …svpma.org/wp-content/uploads/2018/01/Seminar-SVPMA-K... · 2019. 7. 2. · Messaging, Marketing Announce Deliver. Front

Thank you and Merci!

Questions?

Dr. Karina R. Jensen

Managing Director, Global Minds Network

Em: [email protected]

Professor, Global Innovation & Leadership

Practice Director, Center for Leadership and Effective Organisations (CLEO)

NEOMA Business School, France

Em: [email protected]