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Sime Darby Plantation: A Top-Down Approach to Innovation Management in a State-Owned, Globally Integrated Plantation Company

In: Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard

Author

Listed:
  • Suraya Sulaiman
  • Azim Pawanchik
  • Law Zhi Xiong
  • Syakiratul Ezwana Shahrul Niza

Abstract

Based in Malaysia and operating in 16 countries, Sime Darby Plantation (SDP) is the world’s largest oil palm plantation company. Its drivers to innovate include the sustainability focus and reducing dependency on foreign labour. As a 100-year-old large company, SDP operates in a hierarchical manner, relying on top-down decisions in their day-to-day operations. The study explores the challenges it faced in implementing a systematic innovation management process while drawing parallels to the ISO 56002 components to highlight how these were vital in ensuring the company’s success in innovation. SDP’s innovation journey begins from the inception of its Group Innovation Strategy Department in 2016, followed by new initiatives after its de-merger from the Sime Darby Group and its new innovation efforts in response to the recent COVID-19 pandemic. Several successful top-down initiatives are highlighted in this study, including the Innovation and Productivity Charter to create the urgency of achieving its goals, the Review Panel to oversee all innovation activities and the Value Creation process aimed at commercialising new ideas.

Suggested Citation

  • Suraya Sulaiman & Azim Pawanchik & Law Zhi Xiong & Syakiratul Ezwana Shahrul Niza, 2022. "Sime Darby Plantation: A Top-Down Approach to Innovation Management in a State-Owned, Globally Integrated Plantation Company," World Scientific Book Chapters, in: Joanne Hyland & Magnus Karlsson & Ingrid Kihlander & John Bessant & Mats Magnusson & Jimmi Kristians (ed.), Changing the Dynamics and Impact of Innovation Management A Systems Approach and the ISO Standard, chapter 19, pages 313-329, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781800612105_0019
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    More about this item

    Keywords

    Innovation Management System; Innovation Management; Innovation; Standards; System;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O36 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Open Innovation
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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