GB-Richmond: BIG Creative Collision

Description

Intrapreneurship creates improved growth and profitability for companies and is a feature of successful organisations, including the growth of small to medium-sized enterprises (SMEs). BIG Creative Collision will provide a low-risk/high-yield environment for businesses and organisations to stimulate and encourage intrapreneurship amongst their staff members and identify and drive forward incremental innovation. South London businesses and organisations will send teams of staff to participate in the bootcamp programme. This will allow them to test, as a team, if their ideas have a genuine value proposition which can be validated and be incorporated into a successful business model. The focus will be on promoting incremental innovative behaviours and securing growth in the existing business base but will be open to supporting innovation in business models (process innovation) and new market opportunities (market innovation). BIG: Creative Collision will be designed for organisations who want to transform their business performance and for employees who want to have impact and lead innovation in an organisation. The programme will look to develop the skills, knowledge, and networks to understand how to innovate within complex structures and drive change. It will cultivate the shared, collaborative entrepreneurial mindset that is essential, not only for those starting their own businesses, but for those seeking to understand how to implement innovative solutions/change within large, complex structures. Via the introduction of the BIG Creative Collision, we hope not only to introduce a high-quality professional team development programme but establish and encourage a network of programme alumni who continue to collaborate and engage well after their formal involvement in the programme is completed. In addition, given that the programme will be open to public and private sector organisations we would envisage several public and private sectors collaborations will spin-out from involvement in the programme (forecasts based upon analysis of other such models) and that the initiative creates a sustainable network or community of professional practice (potentially on a sectoral/geographic basis) across South London. Additional information: The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

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