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Common Challenges in Transforming Corporate Culture

18/4/2019

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Common Challenges in Transforming Corporate Culture
According to BCG’s Global Innovation Study, the biggest obstacles standing in the way of innovation are often related to company culture.

Culture consists of various different aspects, such as ethics, values, collective beliefs, assumptions, working methods and standards, to name a few. Because culture is such an all-encompassing concept, it’s no surprise that many leaders face challenges when trying to shape their cultures to be more innovative.

Although it can be almost impossible to avoid every hurdle in the process, what matters more is the ability to identify the most common bottlenecks to cultural change and to find ways to remove them.
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We’ve previously held a webinar to help you transform your company culture with innovation practices and have also written an article about this topic. This post extends the topic even more and focuses on introducing some of the common challenges companies face in cultural transformations, as well as practical tips for overcoming them.
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What is a culture of innovation?

Although innovation means different things to different people, there are certain traits innovative teams share. According to The 2018 Global Innovation 1000 study, the high-leverage innovators have the following key characteristics:
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1. They closely align innovation strategy with business strategy.
2. They create company-wide cultural support for innovation.
3. Their top leadership is highly involved with the innovation program.
4. They base innovation on direct insights from end-users.
5. They rigorously control project selection early in the innovation process.

The best innovators excel at each of these first five characteristics and can integrate them to create unique customer experiences that can transform their market.

What comes to company culture, you can tell a lot about a company and its culture by observing how people behave – especially when the boss isn’t around.

Culture of innovation emphasizes on generating and implementing new ideas and is focused on making constant improvement in various areas of the business. Innovation is all about making progress on a company level as well as on a personal level. Therefore, the ideal culture for innovation supports constant learning and experimentation.
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Because culture is mainly shaped by people, often the most common challenges are also related to them.
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1. Resistance to change

Shaping peoples’ mindsets and attitudes can be challenging. Often, people have their own, fixed ways of seeing and doing things. While there isn’t necessarily anything wrong with that, those underlying beliefs and assumptions can sometimes hinder innovation.
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When things have been done in a certain way for a long time, it becomes the norm. This easily leads to people becoming blind to possible inefficiencies in their own work and commonly used processes.

Things that have worked well in the past aren’t necessarily guaranteed to work in the future, which is why it’s important to constantly challenge your assumptions, be open to change and look for ways to improve the way you and your team work. Getting too content with how things are now has already proven to backfire in the long run.

In addition to this, people can be resistant to change because they are afraid of failure. Being afraid of making a mistake is only natural as no one really wants to be responsible for something that didn’t go quite as planned.
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These types of attitudes, however, can be changed by creating an environment that embraces the “fail fast mentality”. Innovation involves almost always a certain amount of risk and uncertainty. Because not all ideas can be successful, it’s important to communicate that not all ideas are expected to work and it’s ok to fail as long as people are learning from it.
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Start with small victories

Getting started with changing mindsets is often the hardest part. To succeed, it’s important to understand why people are against change.

Often, the reason is that they don’t understand what change means for them. They might, for example, see innovation only as a requirement to work more but don’t necessarily see the possible positive impacts it can have on their work.

Your job is to communicate how these changes affect your team in practice and most importantly, what’s in it for them. Help people understand why change is necessary for the continuity of the business and the well-being of the team.

You can start by making small, gradual changes to the way your team works and focus on getting positive results fast. Consider picking those so called “low hanging fruits” first before announcing any major company-wide reforms.
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One way to start is to open the conversation by organizing an idea challenge, for example. Once you’ve gathered a few first positive experiences, people can see the upsides and are more likely to have a more open attitude towards improvements and new opportunities.
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2. Not communicating the purpose

Most of our time awake is spent at work. Without a larger purpose for what we’re doing, people can easily start seeing their job as just another pay check. It can also be difficult to get people give their best at all times. Without purpose, there’s no direction, and without direction, there’s really no chance of reaching your destination.

By communicating purpose I’m not referring to giving a motivational speech or hanging inspirational quotes on the office walls. For people to find real fulfillment and meaning in their jobs, they must feel they are an important part of something that makes a real difference.
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In the context of creating an innovative culture, it’s important that people know why change is inevitable. If, for example, you’re operating in a declining industry, you simply have to renew in order to survive. It’s your responsibility to communicate what needs to be changed as well as what each individual should do for making this change happen.
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Create a movement

Communicating the purpose starts with clarifying your vision and turning that vision into a compelling story people are keen to be a part of. This helps convince people to align their actions towards the common goal and join the “movement”.

If you were uncertain of the continuity of your business, you’d want to make sure your people understand that they need to keep improving their skills and knowledge on an individual level too.
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Even if your situation wasn’t as critical, you should still try to constantly learn more about your employees and what energizes and motivates them. Also, when hiring new people to your team, instead of only emphasizing skill, always look for qualities that can help advance your grand vision.
Common Challenges in Transforming Corporate Culture

3. Rigid organisational structures

​Organizational structures are typically quite hierarchical, especially in larger organizations. Although having some form of hierarchy is necessary, it might also cause some bottlenecks for innovation if it restricts information flow.

Often, middle management, which controls the information flow to and from the front line, ends up as that kind of a bottleneck. Even if managers would want to hear ideas from the front line, they are often too busy and thus end up prioritizing their current tasks over innovation.
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Typically, this sends a signal that the employees’ input isn’t appreciated, which again leads to decreased motivation to share any new ideas.

Move decision-making closer to the front-line

​Innovation should happen at all levels of the organization. When ideas need to go through several levels of management, there’s a risk that the feedback and evaluation process will slow down and become ineffective. For this reason, too high organizational barriers and hierarchy will eventually kill innovation.

Communication shouldn’t just flow up but also down and across the organization. If middle managers have too much on their plate, they often only see short-term goals and constant pressure to hit their performance metrics, which leaves little room for long-term improvement.

One way to overcome this challenge is to move decision making closer to the front-line. Managers could tell more about innovation from a larger perspective and direct the right type of activity by setting goals that support the right kind of change.

To do that, managers need to trust their employees and let them execute their ideas but also provide them with certain limits in order to stay focused. Creating an innovative culture requires just the right amount of freedom and control.
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So, instead of having managers make all the decisions, you should give more responsibility to those who are willing to take it and are passionate about moving things forward.
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4. Lack of commitment and reinforcement

Another reason why innovation culture efforts fail is low levels of managerial commitment. If innovation is seen as just an “extracurricular activity”, it easily gets in the way of daily tasks and routines. If management isn’t committed, employees aren’t likely to be either.
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Innovation isn’t just an activity for times when there’s nothing else to do. You need innovation to reach your goals now and in the long term.

Innovation is like a habit; it takes time and effort to form one, but once it’s learned and integrated in the daily life, you’ll eventually start seeing desired results. Just like acquiring any positive habit, scattered and short-term efforts don’t last. Change rarely happens overnight and especially innovation requires a true shift in mindset as well as constant reinforcement.
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Although employees are coming up with new ideas all the time, the real challenge is to constantly harness those ideas to create more value. Keep offering interesting challenges to increase activity and excitement. If active employee involvement isn’t encouraged, you really can’t expect to see outstanding results because often, the amount of activity correlates with the outcomes.

Tie innovation to actual ways of working and reward active participation

To get the best possible results, innovation should be tied to the actual ways of working and projects your teams are currently working on. This ensures that people are always making progress and learning while doing what they’re supposed to do.

Introducing a few simple performance metrics can encourage people to keep improving the way they work. Be clear about the common company goals as well as how the input of each team and individual contributes to the big picture.

Executive level is also eventually responsible for keeping the conversation active. Inspiring and innovative environment encourages rapid exchange of ideas both vertically and horizontally and constantly provides people with the right kinds of challenges.
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In order to keep the ideas flowing, always remember to reward the most active participants. Give credit for great effort and never underestimate the power of positive feedback.
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Conclusion

Brian Chesky, the Co-founder and CEO of AirBnb, once said that culture is simply a shared way of doing something with passion. I think we can all agree, as it’s the people who have the real ability to make a culture great.

Improving company culture should be everyone’s responsibility. Your culture doesn’t only concern those working for the company but has an impact on your customers as well. To be able to better serve your existing and potential clients, you want to keep your standards high and work hard towards creating better solutions and services for them because that’s what innovation is ultimately about.
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Although you might not be able to avoid all challenges when shaping your culture, you should try to approach them systematically. If you fail to see positive change, look for possible obstacles that might be standing in the way of innovation and start removing these obstacles one by one.


This is the first part of Viima’s guest post series for KISMC. Stay tuned for the next article in which we’ll talk more about how the right tools and practices can help succeed in driving innovation in your organization.


​About the author
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Julia Myllylä
Julia represents Viima, the best way to collect and develop ideas. Viima’s innovation management software is already loved by thousands of organizations all the way to the Global Fortune 500. She’s passionate about helping leaders drive innovation in their organization and frequently writes on the topic, usually in Viima’s blog.

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IoT Nuggets Kick Off Project Meeting in Sofia

29/3/2019

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The first transnational meeting of the “Internet of Things security nuggets” - a strategic partnership co-funded by the Erasmus plus programme of the European Commission, took place on 9-10 October 2018 in Sofia and was hosted by University of Library Studies and Information Technologies (ULSIT), the project coordinator.

Partners in the project are: 
  • University of Library Studies and Information Technologies (ULSIT), Bulgaria
  • Knowledge, Innovation and Strategies Management Club, Bulgaria
  • IDEC: Aintek symvouloi epicheiriseon ypsilis technologias ekpaidefsi anonymi etaireia, Greece
  • The University of Deusto, Spain
  • Dlearn: European Digital Learning Network, Italy
  • GAIA: Asociacion de industrias de conocimiento y technologia, Spain
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The project aims at developing a new methodology and framework with a model of digital competence for the Security of the Internet of Things (IoT) ecosystem including security and privacy to face the challenges that cybersecurity put in place.​
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It is targeting VET providers and trainers in the ICT field, software engineers and programmers who want and need to update their competences, skills, and knowledge in cyber security of the ecosystem of IoT. And, ICT entrepreneurs who have, want, and/or would like to start a business in the IoT field.
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IoT security nuggets: 2018-1-BG01-KA202-047919 is an Erasmus + project.

​For more information about the project, 
read here.
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10 Economic Benefits from Work-based Learning & Apprenticeships for SMEs

27/3/2019

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10 Economic Benefits of Work-based Learning & Apprenticeships for SMEs
Did you know that SMEs represent 99% of all businesses in the EU? Or that statistics from the European Commission (EC) outline that in the past five years SMEs have created around 85% of new jobs and have provided two-thirds of the total private sector employment in the EU?
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The availability of skilled labour is an important prerequisite to the SMEs’ prosperity, however, there is a mismatch between the skills the labour market demands and those that the education and training system provides. In order to tackle this mismatch, the EC has identified that quality work-based learning (WBL) and apprenticeships can be an efficient way of addressing labour market imbalances.
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What is work-based learning?

​“Acquisition of knowledge and skills through ‘carrying out – and reflecting on – tasks in a vocational context, either at the workplace (such as alternance training) or in a VET (vocational education and training) institution”. 
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What is apprenticeship?

 “Systematic, long-term training alternating periods at the workplace and in an educational institution or training center. The apprentice is contractually linked to the employer and receives remuneration (wage or allowance). The employer assumes responsibility”.
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In countries, where there is a well-established apprenticeship system, such as UK, Austria and Germany, SMEs contribute strongly to the training of the future workforce through their involvement in work-based learning and apprenticeship schemes. On the contrary, in countries with more school-based systems such as Slovakia, Spain, Portugal, Greece and Bulgaria, the engagement of SMEs in the supply of placements is more challenging as they lack the support systems and fail to realize both the financial and social benefits.
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Based on this need, the project - “Return on Investment of Work Based learning and apprenticeships” (project N°: 2017-1-SK01-KA202-035375) suggests the development of a return on investment (RoI) model and digital tool that will allow European SMEs to calculate and visualize how investment on WBL and apprenticeships can manifest to multiple benefits, especially economic benefits, which you can have a glimpse on below. 
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 10 Economic benefits for SMEs

  1. Positive impact on the organisation’s performance
  2. Reducing the cost of external recruitment and internal induction of staff into a new job/ organisation
  3. Enhancing the company’s image and reputation
  4. Increasing staff retention and work satisfaction
  5. Providing an effective way for adequate supply of skills
  6. Better employee candidate pool, leading to lower future training costs
  7. Availability of skilled workers by investing in the future workforce
  8. Enhancing the organisation’s profitability
  9. Increasing the levels of innovation – trainees bring innovation into the experience (digital skills and open innovation)
  10. Knowledge of the latest trends, i.e. young people bring fresh ideas and challenge old habits
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Conclusion

In conclusion, there are a number of key benefits of work-based learning and apprenticeships for SMEs, which are not always considered by the companies. If you are leading one of the 99% of SMEs in the EU, wouldn't you want to increase your productivity and innovation capacity? Or strengthen your brand as an employer, develop your talent in-hose and increase your retention rate? Overall, wouldn't you want to decrease your talent acquisition costs?

If every employer asks themselves these questions, it appears significantly evident how important it is to review their practices regarding work-based learning and apprenticeships and to better evaluate their future investment. However, more awareness needs to be raised about the benefits of WBL and apprenticeship among SMEs as well as support.
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“Return on Investment of Work Based learning and apprenticeships”, co-funded by the Erasmus+ programme of the European Union has developed a return on investment (RoI) model and digital tool that allows European SMEs to calculate and visualize how investment on WBL and apprenticeships can manifest to multiple benefits. 
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ROI Calculator on Apprenticeships & WBL for SMEs

27/2/2019

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ROI Calculator on Apprenticeships & WBL for SMEs
​The Model for calculating the return on investment (ROI) of worked-based learning and apprenticeship reflects the perspective of the consortium project - “Return on Investment of Work Based Learning and Apprenticeships”, coordinated by Slovakia, with partners from Portugal, Greece, Bulgaria, Cyprus, Italy, United Kingdom and Spain. For more information about the partners in the project, read here.
 
The “RoI of WBL and apprenticeships” is based on the traditional model of calculating ROI, taking into consideration the costs and benefits of the SMEs regarding their investments in WBL and the apprenticeship courses.  
 
The list/menu of key “costs” and “benefits” proposed by the model are based on national research reports, developed for partners' countries (such as Slovakia, Portugal, Greece, Bulgaria, Italy and Spain), highlighted the SMEs' needs and their national apprenticeship system. 
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What is ROI?

ROI is the calculation that compares the value of outcomes (changes as a result of an activity) to the value of the resources needed to create them.
 
Presented as a ratio, the value of outcomes is divided by the value of resources required to create them. The results of the calculation demonstrate the efficiency of an investment or activity. This can support the decision-making process by highlighting if an investment provides a positive return, and if there is more than one option, it can help decide which option provides the greatest return. 
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The return on investment formula is:
ROI = Value of outcomes / Value of investment

​In the above formula, "Value of outcomes” refers to the aggregated value of all of the included outcomes of investing in WBL.
 
As well as presenting results as ROI, the net present value of money can also be used to support the decision-making process. This is calculated by subtracting the value of the investment from the value of the outcomes.
The net present value formula is:
Net present value = Value of outcomes – Value of investment


​Why is ROI important to SMEs?

ROI is an important determining factor as to whether or not an SME or any business is successful. It is essential for any business to understand the costs and benefits of any investment. Having a positive return on investment means that the business is making money; a negative return on investment means that SMEs are losing money. Ensuring profitability is obviously a relevant factor to maintain a sustainable business.
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Based on this need, the “ROI of WBL and apprenticeships” project developed a model that underpins the ROI calculation. This has been designed to allow European SMEs to better appreciate the value of an investment in WBL and apprenticeships. 
The digital tool (calculator) is a free-to-access online facility that can help SMEs to calculate the ROI of engaging with apprenticeships/WBL. 
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Go to calculator

For additional information on ROI and the Calculator, please review the project's resources here.
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KISMC participates in the Internet of Things Security Nuggets project

11/2/2019

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IoT nuggets stand for “Internet of Things security nuggets” and it is a strategic partnership co-funded by the Erasmus plus programme of the European Commission (Bulgarian National Agency).
The project aims at developing a new methodology and framework with a model of digital competence for the Security of the Internet of Things (IoT) ecosystem including security and privacy to face the challenges that cybersecurity put in place.

No one doubts that the Internet of Things (IoT) represents a massive opportunity for businesses and consumers. Most organizations are only just starting to scratch the surface of what they can achieve with IoT solutions. On the other hand, security is what really needs to be designed from the very beginning of developing IoT services and products.

The growing threat of cyberattacks has made governments and companies more aware of the need to defend the computerized control systems of utilities and other critical infrastructure.
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The project is targeting VET providers and trainers in the ICT field, software engineers and programmers who want and need to update their competences, skills, and knowledge in cyber security of the ecosystem of IoT. And, ICT entrepreneurs who have, want, and/or would like to start a business in the IoT field.

Partners in the project are: 
  • University of Library Studies and Information Technologies (ULSIT), Bulgaria
  • Knowledge, Innovation and Strategies Management Club, Bulgaria
  • IDEC: Aintek symvouloi epicheiriseon ypsilis technologias ekpaidefsi anonymi etaireia, Greece
  • The University of Deusto, Spain
  • Dlearn: European Digital Learning Network, Italy
  • GAIA: Asociacion de industrias de conocimiento y technologia, Spain


IoT security nuggets: 2018-1-BG01-KA202-047919 is an Erasmus + project.

For more information about the project, read here.
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13 Interesting Insights to Review from the International Conference 'Digital Skills & Innovation @2030'

23/7/2018

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Digital Skills & Innovation @2030
The international conference "Digital Skills & Innovation @2030" that took place on 11 July 2018 in Sofia, Bulgaria was attended by more than 150 delegates from various countries. The event was organised by the two partners of the "Design Thinking for Digital Innovation' Project - DigiThink No. 2016-1-BG01-KA203-023719 - KISMC and ULSIT, co-funded by the Erasmus+ programme of the European Union.

The conference was organised to reveal the results of the 2-years DigiThink project, where 6 organisations were working together: KISMC - Bulgaria, State University of Library Studies and IT - Bulgaria, University of Deusto - Spain, Tecnalia - Spain, Constantine the Philosopher University in Nitra - Slovakia, Training 2000 - Italy. In addition to that, the international conference "Digital Skills & Innovation @2030" brought together innovation and digital experts, entrepreneurs, investors, academicians, professionals and stakeholders in the innovation and entrepreneurship ecosystem. During the event like-minded people  had the opportunity to exchange views on various topics in the digital, innovation and entrepreneurship space and discuss potential collaboration.
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After months of preparation and hard work during the conference all DigiThink project partners shared the results of the project, whereas the conference had amazing speakers from the UK, Spain, Italy, Romania, the Netherlands, Macedonia and Bulgaria. Moreover, the conference had a workshop panel during which all delegates had a chance to participate in a competition game for design thinking, focused on the digitization and transformation of Sofia into a smart city and during the process they had to generate and share ideas and solutions in this direction.

The event was full of excitement, great networking over glasses of wine and plenty of follow ups bringing potential opportunities for everyone.

​If you didn't have a chance to join us at this illuminating event, we have recapped it in 13 interesting insights from the speakers, therefore please check them out below:
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1. Design Thinking for DigiThink

An approach based on Design Thinking was followed in the “Digithink” Project.
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  • Human Oriented approach: “Empathising”
  • We focus on the “creators” of new digital products and services, their needs and the environment for their activity.
  • In today’s fast developing and increasingly digital world, organizations face many challenges: disruptive technologies, economic pressures, globalization and, mainly, keeping up with changes in customer behaviour.
design thinking university of deusto
Source: University of Deusto


​2. Objectives for "Design Thinking for Digital Innovation"

  • to take students out of their comfort zone of learning to create innovative products and services
  • to encourage students to start their social businesses
  • to develop necessary digital skills for both target groups: student teams - digital business creation and lecturers – open educational resources in courses
  • to develop empathy, ethics, values, and sense of social responsibility.
design thinking for digital innovation unibit
Source: University of Library Studies and IT


​3. Responsible Research & Innovation (RRI)

  • A major part of the current EU Research Framework Programme “Horizon 2020” is dedicated to societal challenges.
  • Challenge-driven programmes are usually interdisciplinary and often cover the entire innovation chain from fundamental research to demonstration.
  • Within the R&I system there have been examples of controversies and failures in fulfilling societal expectations in part because not all key actors were engaged
  • Certain key issues (or policy agendas) need to be taken into account:
    - ethics
    - gender equality
    - governance
    - open access
    - public engagement
    ​- science education
responsible research innovation tecnalia
Source: Tecnalia


​4. Experience Logic Marketing & Design Thinking

Design thinking can help management to build the experience platforms of the organizations, suggesting the best way for the experiences providers.
experience logic marketing design thinking university of urbino
Source: University of Urbino


​5. The Agile School & Scrum Ban Lab for Business

The Scrum Ban Lab for Business with the main experiment of Agile School
  • A lab for experiments for creating didactic instruments based on the toolbox applied in real practice
  • Parents are the stakeholders in the education process and are kind of Product Owners, along with teachers
  • Teachers are moderators, mentors and observe the processes of building the "overall picture" as they are the Product Owners together with the representatives of the companies, organizations and institutions
  • Students self-organize, self-assess (somewhat) and work in teams / clusters
agile school ivan apostolov english school
Source: Ivan Apostolov English School


​6. Gameplay for Inspiring Digital Adoption (GIRDA)

  • GIRDA is using multiplayer touchscreen games to introduce older people to digital technology. The aim is to help them build confidence, motivation and skills in an informal, social setting where there is no pressure to learn.
  • Research has shown how trust and confidence in using the internet grow quickly with first-hand experience - but many older people don’t take the first step.
girda trajkovski partners consulting
Source: Trajkovski & Partners Consulting


7. Design Principles in Higher Education

Ensure that:
  1. The dimensions of wickedness are prevalent in the problem; and
  2. Student tasks are challenging and require them to get involved in the problem. This leads to the (experienced) open-endedness of the problem solving process and the need to cross boundaries.
  3. Ensure alignment between learning goals, coaching, assessment with regard to boundary crossing
  4. Organize milestones.
design principles windesheim
Source: Windesheim University of Applied Sciences


​8. Is Design Thinking the Right Tool?

Is design thinking the right tool for:
  • developing technology enablers?
  • creating startups?
  • easily design products?
design thinking tool university of deusto
Source: Business School, University of Deusto


​9. Cluster & Digital Innovation Hub

The ARIES IT cluster in Cluj-Napoca - a great example for an active cluster that initiated a Digital Innovation Hub in Transilvania - a bottom up approach of the regional stakeholders, aiming to position Cluj and Transilvania on the map of EU network and DIH.

​An important component within the cluster is the development of working groups such as:
digital innovation hub ARIES T
Source: iTech Transilvania Cluster by ARIES T


​10. Design Thinking & Intrapreneurship

How to innovate?
Where to start from?

No, it's not creating ideas...
It is FINDING PROBLEMS.

​Combining empathy, creativity, collaboration and prototyping.
intrapreneurship design thinking mjv technology innovation
Source: MJV Technology & Innovation


​11. Entrepreneurship & Innovation

The relationship between entrepreneurship and innovation:
  1. Entrepreneurs use innovation to drive and achieve change for commercial or socio-economic results
  2. Innovation underpins the differentiator that allows the entrepreneurs to succeed by utilising their unique skills-set and personality
Ewa Galeziowska Entrepreneurship innovation
Source: Ewa Galeziowska


​12. SMEs Innovation & Growth Acceleration

  • SMEs represent 99% of all business in the EU
  • SMEs are the backbone of the economy and have skills they can leverage
  • Start-ups are interesting but risky (96% die before they turn 5 years)
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That is why ​the IXLerator has been designed to take multiple teams in the creation of the
innovation process system and obtaining results in SMEs.
smes innovation growth acceleration ixl center
Source: IXL Center

13. Smart Cities & Accelerating Innovation

​The participants got involved in a competition game based on design thinking and focused on the digitization and transformation of Sofia into a smart city. During the process all attendees were separated into teams and generated and shared ideas and solutions on how to better integrate technology into the capital of Bulgaria for the better lifestyles of citizens. This part of the conference was assisted by Cluster Sofia Knowledge City, which aims at transforming Sofia from a traditional capital to a knowledge and smart city.
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​Conclusion

The keynote speakers and the conference participants did engage in insightful discussion on the 13 topics above and we believe that everyone had a chance to learn something new and interesting that would benefit them.

If you didn't have a chance to attend, don't forget to follow our social media as well as sign up for our Newsletter.
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6 Reasons to Attend the International Conference 'Digital Skills & Innovation @2030' [Sofia, 11 July 2018]

30/6/2018

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6 reasons to attend the international conference 'Digital Skills & Innovation @2030'
get your free ticket for 'Digital Skills & Innovation @2030'
If the news hasn't reached you online or through invitations yet, there's an event not to be missed - the international conference 'Digital Skills & Innovation @2030', which is taking place at Inter Expo Center, Sofia on 11 July, 2018. It will bring together innovation and digital experts, entrepreneurs, investors, academicians, professionals and stakeholders in the innovation and entrepreneurship ecosystem. The perfect place to meet like-minded people and exchange views on various topics in the digital, innovation and entrepreneurship space.

However, most of us know, have seen or/and have attended the large number of events that have been taking place in Sofia and Bulgaria in the last 6 months because of Bulgaria holding the Presidency of the Council of the European Union. Despite that, we believe that 'Digital Skills & Innovation @2030' will bring value to you and below you can find 6 reasons why you should attend it.
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Learn more about the conference


​1. Conference programme featuring international panellists

The event will feature panellists from the UK, Spain, Italy, Netherlands, Romania, Macedonia and Bulgaria who have international experience in various industries in the area of digitization, innovation, entrepreneurship and education.
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2. Panels with exciting topics to inspire hot discussions

Our panellists will have the opportunity to present their international experience and get into discussions to encourage everyone to look through different perspectives, exchange ideas and points of view on how entrepreneurship and innovation are changing the world, the importance of digital skills nowadays, managing innovations, design thinking for the software industry, problem solving in higher education, accelerators, agile schools, etc.
Review Conference Programme
Learn more about the panellists


​3. Deeper understanding of Design Thinking for Digital Innovation

Get your hands on the guide for implementation of design thinking for digital innovation and learn more about this exciting project - DigiThink, co-funded by the Erasmus+ programme of the European Union. You would also discover and grasp deeper understanding of the results from the pilot testing done during the project duration.
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4. Practical workshop / Competition game on Design Thinking

Facilitated by Milena Koleva (IMA), Massimo Andriolo (IXL), Ruslan Papazyan (Trelleborg) and other mentors from the Innovation Management Academy, you will have the chance to go through the design thinking process. You will get involved in a competition game for design thinking, focused on the digitization and transformation of Sofia into a smart city and during the process you & your team will generate and share ideas and solutions, based on the model of the Global Innovation Managament Institute and IXL Center.
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​5. Wine Networking

There's no need to mention the importance of networking and meeting like-minded people, especially when you have a glass of wine in hand after a day full of insights on topics such as digital skills, innovation, education, entrepreneurship, etc as well as experiencing games on design thinking for digitizing and transforming the capital of Sofia.
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6. Meet all the project partners/conference organizers for potential future collaboration

And last but not least, SULSIT and KISMC, together with all the DigiThink partners: SULSIT, University of Deusto, Technalia Research & Innovation, Constantine the Philosopher University in Nitra and Training 2000, welcome everyone to join and have a chat about potential projects and partnerships.
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KISMC at the Focus Group on the Social Entrepreneurship Development Model [Bulgaria]

28/2/2018

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sedm kismc baset focus group
On 31 January a group of stakeholders in social entrepreneurship gathered together with the teams of the project coordinator KISMC and the project partner CEED Bulgaria in Sofia, Bulgaria.

The group gathering took place as part of the main project objective of 
BASET: Boost Aid for Social Entrepreneurship through Training which is to establish and maintain a well-developed and a more effective the process of training the trainers of social entrepreneurs (SE).


For more information on the focus group, please read here


The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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Return on Investment of WBL and Apprenticeships [Questionnaire for SMEs]

7/2/2018

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This questionnaire aims at identifying the main success factors, obstacles, successful strategies and approaches to effective work-based learning (WBL) in SMEs in order to motivate and engage them in the higher provision of WBL and apprenticeships.

​The results will provide the base for the elaboration of the digital tool for the calculation of the return on investments (ROI) of WBL and apprenticeships made by SMEs. The research is part of the project “Return on Investment of Work Based learning and Apprenticeships” project N°: 2017-1-SK01-KA202-035375. 
Fill in the questionnaire now


​We would highly appreciate your participation in this study. The research is taking place in all the countries of the project's partnership: Bulgaria, Greece, Italy, Portugal, Slovakia, Spian and the UK. However, with this post we are focussed on Bulgarian SMEs and will take you a few minutes to enourmously help the study.

* In the processing of analysis data, partners will maintain the confidentiality of your response. 
​

Why the ROI Project?

The ROI project promotes open and innovative practices in a digital era. It delivers a web based digital tool accessible also by mobile devices in the form of a Dynamic Demonstrator capable of depicting in a purely visual way how investment in WBL and apprenticeships can manifest to multiple benefits for the company and the local society.

The innovative force of the project is the development of a model of costs and benefits calibrated on the specific needs of small and medium enterprises (SMEs) in order to calculate in advance the return of investments. Differently from traditional ROI analysis, the model presented by the project focuses on both SMEs-related benefits as well as on society-related ones in order to clearly demonstrate the multilevel outcomes derived from work-based learning practices.
​

Your Contribution to the Research Matters

The project will deliver useful tools and your assistance in the research would be much appreciated:

1. Model for Return on Investment of WBL and apprenticeships
2. Digital tool
3. Good practice guide


For more information on the tools, please read here and below you will find useful information from the resources you will have access to when they become available:
  • If you are an SME already involved in apprenticeships, you will gain a model and a practical digital tool to calculate the return on investment from your engagement in the provision of WBL and apprenticeships. You will also benefit from the opportunity to promote your related activities through the Good Practices Guide and the participation in the apprenticeships-friendly enterprises badge. This will allow you to gain visibility on your local and national markets, as a company that cares for their apprenticeships. This visibility will support your company’s’ image and social responsibility.

  • If you are an SME with no previous experience in apprenticeships, you will get familiar and discuss the benefits of apprenticeships for the local development and the progress of your own company. By visualising the benefits for your company, through the provision of WBL and Apprenticeships, you are expected to engage in the provision of such positions thus enhancing the overall VET provision at local level and enhancing access to training and qualifications for all.

  • If you are a VET provider, you will have at your disposal a model and a digital tool to promote to SMEs in order to engage them in the provision of apprenticeships. This way you will be able to find more easily apprenticeship positions for your learners.
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  • If you are a policy maker, you will be able to use the model and the digital tool results in your decision making processes in order to discuss the funding mechanisms for apprenticeships and engage in a dialogue with SMEs, VET providers and social partners for the identification of a sustainable funding formula.
​
Fill in the questionnaire now

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The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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ROI of Work Based Learning and Apprenticeships

15/1/2018

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ROI of Work Based Learning and Apprenticeships
"Return on Investment of Work Based Learning and apprenticeships" (N°: 2017-1-SK01-KA202-035375) is a project co-funded by the Erasmus+ Programme of the European Union*.

* 
Erasmus+ is the European Union’s (EU) programme for education, training, youth and sport, with the EU committing £12 billion to the programme between 2014 and 2020. By 2020 it is expected that over 800,000 education and training staff and youth workers will teach or train abroad across Europe with Erasmus+. Projects provide opportunities for learners and staff to improve their skills, enhance their employability and gain cultural awareness.

Knowledge, Innovation and Strategies Management Club (KISMC) is a partner along with a diverse and complementary mix of organisations - from Slovakia the Technical University of Kosice (TUKE), 3 training organisations active in VET: IDEC - Greece, CECOA - Portugal, PIT - Spain and also from the UK - Social Value UK - a network focusing on social value and social impact, from Italy a network focusing on the promotion of digital learning and use of ICT - DLEARN and an ICT company focusing in ICT-enabled E&T - Cosmic Innovations - Cyprus.
​

Calculate the ROI for Apprenticeships & WBL

The ROI project promotes open and innovative practices in a digital era. It delivers a web based digital tool accessible also by mobile devices in the form of a Dynamic Demonstrator capable of depicting in a purely visual way how investment in WBL and apprenticeships can manifest to multiple benefits for the company and the local society. The digital tools developed in the framework of the project will remain available as open educational resources under Creative Common License.
​
For SMEs with limited financial resources, work based learning (WBL) represents an important tool. The RoI online tool offers:
  • a cost and social benefits model calibrated on specific needs of SME managers and entrepreneurs to calculate the RoI for apprenticeships and WBL supply.
​

ROI Project Objectives

  1. Contribute to the sustainable investment of WBL and apprenticeships by making apparent their benefits for both individual SMEs and the society as a whole
  2. Develop a model for the calculation of RoI of WBL and apprenticeships by SMEs
  3. Design a digital tool that will demonstrate the RoI model in a visual way
  4. Develop a Good Practice Guide addressed to SMEs, giving guidance on how to design, implement and monitor profitable apprenticeship practices which can benefit the enterprise, the apprentice and the entire society
  5. Create and promote an apprenticeship-friendly SMEs badge to increase the engagement of companies in the provision of WBL
  6. Promote a VET – SMEs cooperation, through experimentation and validation of the RoI model
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A Project Designed to Engage

ROI of WBL and apprenticeships has been designed to engage:
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  1. Managers, staff and trainers from SMEs that already host or are interested in providing WBL and apprenticeship;
  2. Staff from VET providers, i.e. VET teachers and trainers, administrative staff dealing with apprenticeships, etc;
  3. Policy makers, representative of stakeholders, VET expert and practitioners, social partners.

In addition to that, long-term beneficiaries such as VET learners who will benefit from the increased provision of WBL opportunities in their local, regional and national area.
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Read more about ROI

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The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
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