Managing innovation - creating value from ideas

John Bessant

Innovation doesn't just happen. It's not like the cartoons - a lightbulb flashes on above someone's head and that's it. No - it's a journey and we need to understand how best to prepare for that journey, whatever kind of value we are trying to create. This podcast is about some useful lessons we might take on board to help develop our capabilities.For more, see my website:https://johnbessant.org

  1. Fighting a Different Kind of War: Inside the WFP Innovation Accelerator

    FEB 19

    Fighting a Different Kind of War: Inside the WFP Innovation Accelerator

    In a world that has moved beyond "VUCA" (volatile, uncertain, complex and ambiguous) to become BANI—Brittle, Anxious, Non-linear, and Incomprehensible—the old ways of tackling global crises are broken. While world leaders gathered at the Munich Security Conference to discuss traditional defence, a few blocks away, the World Food Programme (WFP) was hosting its annual Innovation Forum to tackle a different security threat: the silent conflict of global hunger. In this episode, we dive into how the WFP is moving beyond "big hearts and good intentions" to build a high-performance innovation engine. We explore how they use a systematic approach—mapped to the ISO 56002 international standard—to transform "glimmers of ideas" from internal and external entrepreneurs into life-saving reality. We take a closer look at: Innovation as a System: How the WFP Innovation Accelerator uses venture capital models, incubators, and boot camps to reach over 104 million people annually. High-Tech vs. Frugal Tech: From Building Blocks (a blockchain-based aid system saving millions in fees) to Clean Cooking (heat-retention bags that cut energy needs by 70%). The Scale Challenge: Why most "promising pilots" fail and how the WFP’s Scale Enablement Programme helps them grow. Based in Munich, the Accelerator has supported over 500 ventures across 90+ countries and was recognized by Fast Company as one of the world’s "Most Innovative Companies". Amongst its success stories we look at: ShareTheMeal: The fundraising app that has shared over 220 million meals. H2Grow: Low-tech hydroponics allowing refugees to grow food in deserts using 90% less water. SMP PLUS: An AI tool that generates nutritious, cost-optimized school menus in minutes rather than weeks. SCOUT: A forecasting engine that has already saved $6 million in logistics costs.

    24 min

About

Innovation doesn't just happen. It's not like the cartoons - a lightbulb flashes on above someone's head and that's it. No - it's a journey and we need to understand how best to prepare for that journey, whatever kind of value we are trying to create. This podcast is about some useful lessons we might take on board to help develop our capabilities.For more, see my website:https://johnbessant.org