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Innovation Act. 22 Aug 2017

Innovation Club Colombia gathers at BBVA Innovation Center

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Last 16 April we hosted a session of the Innovation Club Colombia. The aim of this club is to share the best practices in innovation, and bring together innovation managers and executives from different areas who are in charge of heading innovation efforts in the most successful companies in Colombia.

The Meeting was opened by the vice president of Digital Banking, Fabiola Acosta, who shared BBVA's open innovation model with the participants, and described how this is one of the levers for developing the objectives of Digital Banking. Open innovation aims to attractdifferent and innovative ideas that have an impact on BBVA's business. These ideas are captured through the innovation ecosystem by a series of methodologies and initiatives:

1. Methodologies of co-creation with external actors

2. Open competitions and challenges

3. Creating meeting spaces with the ecosystem actors (entrepreneurs, developers, companies, universities, business schools, employees and customers)

This session looked at the subject of "How to create an innovation culture inside organizations", applying different methodologies and drawing the comparison with “an epidemic”. Why an epidemic? Because in epidemics viruses spread and infect people, and what we want to do with an innovation culture is precisely to ensure that the habits, values, behaviors and practices that encourage innovation are spread. The ultimate goal is to generate a clear and systematic model of innovation whose final result is innovations that are measurable in time, thereby achieving the strategic objectives that the organization has set itself.

The work session served to show how to take the innovation culture from theory to practice by looking at success stories like the one shared with us by the members of the Bogota Chamber of Commerce.

Participating companies:

Casa Editorial El Tiempo

Direct TV

Cemex

Takami

Cámara de Comercio de Bogotá

Bancoldex

Familia

Colmédica

Laboratorios Procaps

Ministerio de Comercio, Industria y Turismo

CredibanCo

Bavaria

Casa Luker

Jardines de Paz

Independance

Colombina

Belcorp

Discovery

Autoniza

Apiros

Compensar

Programa de Transformación Productiva

Terpel

Ramo

Surtigas

Alpina

Meridean

Sigra

Prime Business School

Alfa

Ecopetrol

Suppla