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case in point

DBSA:
Pulse of innovation in Southern Africa
Innovation and Entrepreneurship (I&E) is one of the eight key strategic thrusts of the
Development Bank of Southern Africa (DBSA). The Bank identified a real need to develop a
widely accepted strategic approach towards innovation to address development challenges.

Naidoo recently completed a research study that was


aimed at identifying the key drivers for innovation and
entrepreneurship within the DBSA as part of her MBA
studies. The research study found that the key drivers
are Management Support, Performance Management
with specific focus on Reward, Innovation Capacity and
Time Availability.
The I&E function of the DBSA does, however, not stop
with the above-mentioned functions. It has also been
tasked to identify I&E champions and equip them with
the relevant tools, techniques and skills, to host regular
idea generation sessions that will bring in new ideas of-
fering better services or products to the Bank, to provide
advisory services on I&E for Public Service Organisa-
tions, to ensure a system of open innovation within the
DBSA that allows all staff to participate and share best
practices, to ensure reward and recognition mechanisms
are in place for staff and champions for innovative efforts,
to engage stakeholders, both within the DBSA and exter-
nally, in finding innovative solutions for organisational
and socio-economic challenges, to provide a centre of
expertise that promotes collaboration and best practice
that ensures replication and to identify corporate entre-
preneurship in practise and promote replication.
Naidoo, who initially joined the Bank as Manager:
Group Strategy, has launched the I&E function of the
DBSA. “The country’s innovation environment is largely
influenced by mandate, strategic regulations and plans,
Jayshree Naidoo, Manager: Innovation and Entrepreneurship strategic leadership, management policies and prac-
tices. There is recognition that forces of innovation are

“D
uring the 2008/9 financial year, the Bank largely driven by its employees, client demands, other
established an Innovation and Entrepre- development finance suppliers and new market en-
neurship function to foster a culture of Inno- trants,” she says.
vation and Entrepreneurship in the Bank and to introduce According to Naidoo, the I&E function will have a direct
a different approach to build capacity,” says DBSA’s I&E impact on the Innovation and Corporate Entrepreneurship
Manager, Jayshree Naidoo. thrust, as well as an indirect impact on the following:

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case in point

Strategic Focus and Alignment


Alignment to Corporate Strategy (one of the eight strategic thrusts), delivering on Develop-
ment Agenda, addressing binding constraints and priority sectors and embedding a culture of
Innovation and Entrepreneurship within the DBSA.

Idea Generation
Building internal capacity by equipping I&E champions and staff with idea generation skills
and knowledge through Innovation Circles. To host regular Idea Generation Sessions with cham-
pions and staff that address development challenges.

Innovation
Hosting of dialogues, think tanks and workshops that are aimed at identifying possible innova-
tions, both internally and externally, and the creation of project piloting opportunities.

Knowledge Management
Synthesise key outcomes of workshops and discussions and distill lessons from innovation
projects identified for dissemination internally and externally through the knowledge facilitation
function.

Entrepreneurship Development
Ensuring project sustainability through the application of entrepreneurial principles within
the DBSA and ensure alignment in monitoring and evaluation principles and practices.

Strategic Partnerships
Building partnerships with external innovation and entrepreneurial organisations to create
platforms for collaboration.

Enterprise Development and Support


Optimising the use of the Enterprise development Pillar, which is part of the BBBEE frame-
work, to support initiatives and the inclusion of projects that are internally focused or those that
could impact externally (Municipalities, State-owned enterprises).

Project Origination
Innovative project origination that addresses key development challenges at a grass root level.
Incubation of new ideas in order to grow them into them in sustainable projects within DBSA.

According to Naidoo one way in which the DBSA is key stakeholders and industry leaders at internal and ex-
contributing towards achieving this was through their ternal events,” Naidoo adds.
‘champions model’. “Champions are DBSA staff mem- The DBSA has created the Inno-Pulse room – a vi-
bers from various business units, who participate in I&E brant space to spark innovative thinking. “The decor of
activities and have allocated a percentage of their work- the room is themed according to the different tools that
ing day to this deliverable on their performance plans. will be used within the DBSA to enhance creativity and
Champions receive formal training on various innovation idea generation. The colours are that of Six Thinking Hats
tools and techniques and have a common understanding – an Edward De Bono Tool that has been adopted for use
of the role of innovation,” she explains. within the DBSA for Innovation facilitation. The room is a
She elaborates that these champions play an advo- space available to all staff that aim to stimulate idea gen-
cacy role by driving an I&E culture in their respective eration, solve problems and plan for projects in a crea-
divisions in the various business areas of the Bank. The tive environment. This space will give champions the op-
champions have been identified and trained on practi- portunity to interact with their units and divisions in a fun,
cal tools and techniques that will assist them in facilitat- yet productive manner,” Naidoo explains.
ing discussions by identifying projects and initiatives The Inno-Pulse room is modelled on similar spaces in
that aid in innovation and corporate entrepreneurship other organisations that have proven to add value to the In-
delivery. “In addition to the formal training received the novation Process by employing entrepreneurial thinking
champions also have the opportunity of engaging with and negotiating with the various divisions and stakeholders.
case in point

“We have also decided to leverage off existing IT in- students and initiated the entrepreneurship skills work-
frastructure and not invest in costly software for the pur- shop for the day. The workshop was based on a skills pro-
poses of collecting and evaluating ideas from staff. The gramme developed by Business Education Design (Pty)
Innovation team engaged with internal developers to Ltd titled ‘Give yourself a Job’.
use the SharePoint platform to create a form system were The youth conference was sponsored by City of Johan-
ideas could be submitted by staff using the Six Thinking nesburg & co-hosted by Junior Achievement South Africa
Hats methodology and evaluated using Lateral Thinking (JASA). “The purpose of JASA is to prepare young people
harvesting criteria, all champions have been trained on for life after school by raising their awareness of economic
both these De Bono tools,” she adds. issues, teaching them entrepreneurial and life skills, pro-
On an external basis, a two-day Conference on Innova- viding them with an understanding of the business world
tion and Entrepreneurship was hosted during the Global and enhancing their sense of personal responsibility
Entrepreneurship Week in November 2009. A total of 100 through practical business experience,” Naidoo explains.
guests attended the conference, which entailed 23 presen- “Operational in all South African provinces, JASA not only
tations from senior Innovation and Entrepreneurship lead- aims to develop entrepreneurial and business skills in
ers that represented private, public and the academic sec- young people but also to provide the life skills required
tors. The opening address was delivered by the Deputy to become active citizens, through a range of programme
Minister of Science and Technology, Mr. Derek Hanekom. interventions. Students are encouraged to exercise their
The week also included a day conference for Youth, aged rights as well as their responsibilities in a balanced way.
15 to 18, a University conference and a DBSA staff day. The students played a Financial Literacy Board Game in
The University conference was co-hosted by Students teams, the board game was named: ’More than Money’
in Free Enterprise SA (SIFE). The aim of this conference and was designed to teach young people how to manage
was to introduce and inform the university students their money. The second phase of the programme was a
about SIFE as well as educate them on varied entrepre- talk titled ‘My Money Business’ that taught the students
neurship and innovation skills and techniques. Some of how to save and spend their money.”
these universities included: The University of Cape Town, The staff day was aimed at creating an awareness of
The University of Johannesburg, The University of Preto- the Innovation and Entrepreneurship week by running
ria, Durban University of Technology, Walter Sisulu Uni- idea jam sessions with staff. The sessions used Lateral
versity and The Design School of South Africa, to name a Thinking Tools to get staff to solve for operationally fo-
few. Business Education Design (Pty) Ltd addressed the cused problems by coming up with innovation ideas.

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case in point

During the past year, the Innovation team has en- we came up with ideas roles and commitments on how to
gaged with many external stakeholders involved in In- take main learning points, like collaboration and build-
novation and Entrepreneurship. The intention of these ing innovation, networks further,” she adds.
engagements was to assist with capacity creation and “Government’s focus on innovation is aimed at estab-
replicate the DBSA model were possible. “The Bank has lishing a vision and framework for supporting and en-
hosted several public sector organisations providing in- couraging a drive towards becoming a more innovative
sight into the practical application of the methodology country. Innovation carries the potential for introducing
used to create a focus on Innovation and Entrepreneur- ideas for new products, services and solutions to address
ship. The DBSA case study has also been presented at some of the challenges faced and we at the DBSA are do-
several conferences and linkages are made on an ongo- ing our part in facilitating such innovative thinking.”
ing basis to effectively provide a platform for collabora- “According to the National Advisory Council on In-
tion,” Naidoo elaborates. novation (NACI), science, technology and innovation can
DBSA is one of the founding members of the South contribute significantly to economic growth and to the
African Innovation Network (SAIN) – which was founded improvement of the quality of life of people. NACI further
in July 2009 - and provides a platform for learning, shar- argues that South Africa has to manage a dual innovation
ing and talking innovation. “SAIN aims to activate the system. On the one hand, it has to promote innovation for
triple helix principle in South Africa where government, international competitiveness (like highly industrialised
academia and industry come together and collaborate countries) and on the other hand, it also has to utilise in-
to find new solutions and create real value. This network novation for combating national development challenges
aims to become the ultimate innovation standard-setting such as poverty, educational deprivation and unemploy-
platform in South Africa. The main aim of the activities ment among large sections of the population. “Both these
associated with the innovation network is to remedy the aspects tie in closely with the DBSA’s strategy towards a
current lack of reliable data on innovation related topics prosperous and integrated region progressively free of
as well as contribute to information on progress made in poverty and dependency,” Naidoo says.
South Africa on innovation,” says Naidoo. In 2010 the DBSA is planning to focus specifically on
Naidoo herself was nominated to participate on the building close ties with the public sector in order to in-
Innovation Systems Leadership Programme piloted by crease capacity for innovation. “We will also be looking
the Cooperation Framework on Innovation Systems be- at more sustainable solutions to deliver innovation to mu-
tween Finland and South Africa (COFISA). “At the event nicipalities in South Africa,” she concludes.

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