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GEARING UP FOR A TSUNAMI OF INNOVATIONS

One key theme at KONE has involved moving away

from a centralized approach to scouting for innovation

opportunities. “We need to immerse ourselves in

opportunities,” says Pihkala. For KONE, this means

inspiring all of its 50,000 employees to use their personal

and professional networks to prospect for ideas.

“We started getting many good partner proposals from

countries, but I want to see a bigger tsunami,” says Pihkala,

whose ambitions are not restricted to certain geographies.

“We need to tap into Silicon Valley, into southern India and

into Shanghai,” he says drawing a quick wish list for KONE.

The ultimate compass for the company’s innovation

journey is its innovation strategy. At KONE, this has also

brought about improvements in areas such as sales, finance

and other key functions that make the company more

competitive and improve customer value. /

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