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Thales' innovative business incubator

Seminar / Training - Thales' innovative business incubator
Seminar / Training

By : Ecole de Paris du Management

Date : 2009

Location : France / Paris

PDF 23p
Description :

The seminar topic was Thales' innovative business incubator known as the Emerging Business Initiative (or EBI). It has a very fast turn-around time of 48 hours during which projects are reviewed, approved and can get started.

Keywords :

innovation management, management of change, failure management,

Keywords inside documents :

paris ,thales ,innovation ,management ,projects ,project ,école ,projets ,projet ,business ,division ,groupe ,group ,people ,systèmes ,également ,systems ,market ,system ,personnes

Thales has a considerable R&D potential. Its R&D department employs 25,000 people out of a total workforce of 68,000 employees. However, the varied nature of its activities, arranged into six divisions and divided equally between civil and military operations, runs the risk of producing a 'silo effect' (whereby there is a lack of communication and objectives between related management systems in the same organisation) which is not very favourable to disruptive innovations. Thales' innovative projects' incubator, known as the Emerging Business Initiative (or EBI), was created four years ago. It has a very fast turn-around time of 48 hours during which projects are reviewed, approved and can get started. These projects have an innovative character ; are aimed at markets which show prospects of rapid growth ; have teams which are multitalented and have expertise in numerous areas of interest ; and are compatible with the group's activities. The EBI scheme involves a small number of people (20 teams chosen from 50), but nevertheless has helped to change the culture of the group and has highlighted the fact that innovation involves risk-taking and knowing how to manage potential failure.


About the speaker: Marko ERMAN


PhD : graduate of the École polytechnique and the École Nationale Supérieure des Télécommunications. He is the research and technology director at Thales. Prior to this, he was in charge of technical and strategic operations at Alcatel and Philips. He is a member of the Académie des technologies.

 

Presentation from Marko ERMAN followed by Q&A session.

 

The document is a report of the speaker presentation and the Q&A Session.


 

Compte-Rendu du séminaire "Un incubateur pour les business émergents"

Company Description : Le rapport inclut un compte-rendu de l'intervention ainsi qu’une session de Questions/Réponses. (12 pages)

Product Type : Conference Summary

Author : Élisabeth BOURGUINAT

PDF 12p

Languages : French

Report from "Thales' innovative business incubator" Seminar

Company Description : The document is a report of the speaker presentation and the Q&A Session. (11 pages)

Product Type : Conference Summary

Author : Élisabeth BOURGUINAT

PDF 11p

Languages : English

Organizer : Ecole de Paris du Management

The École de Paris du management was created in 1993. Under its auspices, researchers and professionals talk about subjects which open the way for discussion ensuring a high quality of oral and written work. Although short-term concerns are the basis for these exchanges, the approach adopted reflects long-term issues. These include helping change the views which researchers, participants and public opinion have of the way in which private and public affairs are conducted