Deloitte And John Kao Will Train Peoples' Innovation Muscles

Deloitte and John Kao launch the Institute for Large Scale Innovation (ILSI), a non governmental organization created to mobilize and coordinate innovation capability around the world and to address macro level challenges by bringing fresh perspectives to the field of

By None

Deloitte and John Kao launch the Institute for Large Scale Innovation (ILSI), a non-governmental organization created to mobilize and coordinate innovation capability around the world and to address macro-level challenges by bringing fresh perspectives to the field of innovation. The ILSI defines large-scale innovation in terms of regional, national and global systems.

The Institute will focus on three agendas:

-What should innovation stewardship look like at a global level, and how can it best be supported and enabled?

-How can innovation be fostered most effectively at the level of a society (country, region, city)?

-How can methods and perspectives developed around large-scale innovation address global problems, and how can they be applied in explosively growing new areas of high-tech innovation such as synthetic biology and clean tech that require international collaboration and alignment?

With Deloitte as the founding sponsor, the ILSI will support the development of a global network of innovation leaders and define metrics that will allow meaningful comparisons among countries and regions.

It will train a new generation of innovators and provide useful management practices for those responsible for innovation in their home countries. It will also underwrite research that increases our understanding of an emerging global innovation economy.

“Wealth should be defined as the capability to continuously realize the future you want, and therefore should not only be measured on a balance sheet,” says Kao. “In my view, wealth is the sum of innovation muscle, foresight, leadership, agility, risk appetite and our ability to experiment. The mission of the ILSI is to contribute to building the wealth of the 21st century.”

“Deloitte’s support of this project is a reflection of our firm’s commitment to driving progress through innovation on a global scale,” says John Levis, chief strategy officer, Deloitte LLP. “We appreciate the opportunity to be a part of this effort and look forward to drawing on the breadth and depth of our knowledge, capabilities and relationships to support Dr. Kao and the global stewardship of innovation.”

L.D.

«