Recognition, A Powerful Underutilized Tool for Strategy Execution:

1. Recognition, A Powerful Underutilized Tool for Strategy Execution: Leveraging your existing programs to build corporate capabilities Dr Carol Pletcher, President PLETCHER, INC. Co-Founder The Global Center of Recognition Former Cargill Innovation Officer Business Week Magazine 2006 Innovation Champion

2. Welcome List of things your CEO would like to know Get out a business card. Find someone you don’t know. Introduce yourself. Discuss your answer to the question. Write your answer on the card. Dr. Carol Pletcher, Ph.D. PLETCHER, INC carol.pletcher@comcast.net

3. Agenda: Learning How to Do More with the Recognition You Have Welcome and Engage Objective Building Capabilities The Innovation Case Study What do we have? How to build more of what we need? Why This Works

4. Objective To show how to use the recognition program to assess, build and develop capabilities for the enterprise

5. Strategy is the plan; execution is the challenge Start with the end in mind: Enabling Strategy Execution

6. Building Capability for Strategy Execution

7. Building Capability for Strategy Execution

8. Do you have the innovation capability to create Fruitini Squeezie? Know Your Capabilities

9. Innovation Capability Start with the most expensive ingredient to cut costs If you want to make apple sauce, start with pears

10. Innovation Capability in The Plant

11. Innovation Capability Exists Everywhere

12. Do we have enough? • Let’s count

13. Do we have variety? • Let’s count

14. Assessing Corporate Capabilities How to get started Extracting additional value from the programs in place. • List 2-3 corporate initiatives. • What would your CEO like to know about these initiatives? • What can you extract from your recognition program which is relevant to these initiatives?

15. Do we have the capability? Team Tools and Techniques Innovation Tools and Techniques Customer Involvement Recognition Programs Intellectual Property Issues Open Innovation Approach • Team Size • Project Duration • Use of Project Management Tools • Cross BU Collaboration

16. Team Tools and Techniques • Nominees must be core contributors defined as team members who provided a significant contribution to the development and deployment of the achievement. Include yourself if you are part of the core team.

18. Do we have the capability? Team Tools and Techniques Innovation Tools and Techniques Customer Involvement Recognition Programs Intellectual Property Issues Open Innovation Approach • Team Size • Project Duration • Use of Project Management Tools • Cross BU Collaboration

19. Assessing a corporate capability • The Submission Inventory • Snapshot of the best • Documents the current state • Reflects what people believe are the priorities • Portfolio of the future

20. What kind of Innovation do we have?

21. What kind of innovation do we have?

22. Submission Portfolio, Assessing a Corporate Capability Types of Innovation Dependable ROI Work O O OO Game Changing Work O High Business Performance Day-to-Day Work O O Clever Work OO O OO O OO OOOO O OO OOOOOO O O OO O O OO Low Low High Novelty Note: Source:

23. Building Corporate Capabilities How to get started Recognition is a powerful underutilized tool • Assess the effort • Revamp the criteria • Showcase the best examples • Create training • Link recognition efforts to strategy execution

25. Do you have the innovation capability to create Fruitini Squeezie?

26. Know Your Capabilities Dr. Carol Pletcher, Ph.D. PLETCHER, INC carol.pletcher@comcast.net