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Innovator: 8 Winning Habits |
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10 Ways To Murder
Creativity
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Ask for a
200-page document to justify every new idea
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Effective Innovation Process
7 Lessons from
Silicon Valley Firms |
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Seed new knowledge about innovation, including reinventing the
innovation process itself.
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Creating Competitive
Disruption
7 Strategies |
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Find new ways to improve
customer satisfaction
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Find opportunities through
understanding trends of change
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3 Primary Criteria to Assess
Your Innovation Portfolio |
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Besides assessing each initiative
individually for risk, investment, return, and timing, assess your
total portfolio to ensure that you have the right initiatives in it:
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Stretch
and strategic fit.
How much does your portfolio push the industry frontiers, and
how well does it fit with your business goals and
strategy?
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29 Obstacles To Innovation
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5 Strategies for
Creating a Culture for Innovation
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Inspire:
Provide an inspiring vision; lead innovation; emphasize
opportunities, not problems;
trust
your people ...
More
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6 Organizational Models that Support Innovation |
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Innovation Project Team
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Expert Network.
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Innovation
Defined
To innovate means to make changes in anything
established and introduce something new...
More
Renewed Emphasis on
Innovation
"Out
there in some garage is an
entrepreneur who's forging a bullet with your
company's name on it. You've got one option now
– to shoot first. You've got to out-innovate the
innovators." ~
Gary Hamel
Shift to the
new
knowledge-based economy, combined with a dramatic increase in highly
capable global competition, demands a renewed emphasis on innovation. Rapid
changes in the competitive environment create the new world of competition - "a
fierce contest set in truly global context, with more capable players, higher
stakes, and vastly different rules of engagement from those that we have enjoyed
to date."3 This new economy is led by those who innovate –
create, find and/or combine knowledge into new products, services, and
distribution methods –
faster
than their competitors. Innovation is above all spurred by
entrepreneurial action, aimed at creating value through the application of
knowledge.
Different
Forms of
Innovation
Until recently innovation has been seen as the means to turn
research results into commercially successful products or services.
Today,
while research keeps playing its critical role as a major contributor to
innovation, many new forms of innovation have emerged. They include
→
system's approach to integration of new technologies and processes from other fields,
new
→
Business Models and ways of doing
business, and new ways of
→
reaching and servicing
customers.
Technological Innovation Alone Is Not Enough
Facing a tidal wave of global economic,
technological and social change, you are not going to survive in the new rapidly
globalizing economy through
technological innovation alone. If you are going to withstand relentless
global competition, you need to radically change
the way of doing business.
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Climate for
Innovation
Management's task is to generate the right climate that encourages
experimentation,
creativity,
rule-breaking,
and individualism. Avoid rigid management that rules out experiment and
trial and error...
More
Modern
Systemic Approach to Innovation
Until recently innovation has been seen
principally as the means to turn research results into commercially
successful products, but not all research leads to innovation and not all
innovation is research-based.
Innovation
is systemic.
It arises from complex interactions between many individuals,
organizations and their operating environment. Firms which are successful in
realizing the full returns from their technologies and innovations are able
to match their technological developments with complementary expertise in
other areas of their business, such as manufacturing, distribution, human
resources,
marketing, and
customer service. ..
More
3 Strategies of Market Leaders
The market leader is dominant in its industry
and has substantial market share.
If you want to lead the market, you must
be the industry leader in developing new
business models and new products
or services. You must be on the
cutting edge of
new technologies and innovative
business processes. Your
customer value proposition must offer a superior solution to a
customers' problem, and your product must be well
differentiated...
More
Strategic Innovation
Strategic Innovation is the creation of
growth
strategies,
new product categories, services or
business models that change
the game and generate significant
new value for customers and the
corporation.
16 Ways to Avoid the Hassle of Commercializing University
Technology
By: Terry Collison
If you have a technology policy and a procedure, make sure nobody
in the university community actually understands what it is.
Complexity is good
Blue Ocean Strategy:
6 Principles
Blue Ocean Strategy is about
revolutionary
value innovation.
The six principles drive the successful
formulation and
execution of Blue Ocean Strategy.
These principles attenuate the six risks
The Art of Innovation: 9 Truths
By: Guy Kawasaki
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Jump to the next curve. Too many companies duke it out on the
same curve. If they were daisy wheel printer companies, they think
innovation means adding Helvetica in 24 points. Instead, they should
invent laser printing. True innovation happens when a company jumps to
the next curve – or better still, invents the next curve, so set your
goals high.
Creating a
Culture for Innovation
The question for leaders today isn’t if
culture is important for success but how culture can drive successful
innovation – and what, specifically, leaders can do to influence the
kind of culture that leads to behavior that’s truly innovative.
Leadership-Management Synergy
Leaders: Lead improvisation.
Managers: Provide structure.
►
Resulting synergy:
Jazz of Innovation
Inspirational Leadership:
10
Roles
Inspirational leaders
create an
inspiring culture
within their organization.
They supply a shared
vision
and
inspire people to achieve more than they may ever have dreamed possible.
They are able to articulate a shared vision in
a way that inspires others to act.
People do what they have to do for a
manager, they do their best for an inspirational leader
You Innovate To...
Forms and Sources of
Innovation...
Innovation: A Paradigm Shift...
Hard vs. Soft Innovation...
Principles for Driving Growth Through Innovation...
Diverse Routes to Innovation...
Strategy,
Product, and Process Innovation...
Leading
Innovation...
Value Innovation...
Business Innovation...
Strategy Innovation...
Product / Service
Innovation...
Process Innovation...
Technology Innovation...
Organizational Innovation...
Marketing
and
Presentational Innovation...
Creative Marketing...
The Power of Taking a
Different View...
Entrepreneurial Action
–
the Engine of Innovation...
Entrepreneurial Creativity...
Managing
Innovation by Cross-functional Teams...
Radical
Project Management...
Case in Point
IDEO...
Case in Point
AT&T: Developing New Credit Card Service...
Case in Point
Silicon Valley Companies...
Case in Point
British Petroleum...
Case in Point
Quantum...
Case in Point
Charles Schwab...
Case in Point
Apple's Innovation Strategies...
Case in Point
Fun4Biz...
Case in Point
Innovarsity...
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References:
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Driving
Growth Through Innovation, Robert B. Tucker
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Communication on Innovation Policy, European Commission,
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Relentless
Growth, Christopher Meyer
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1001 Ways to Take Initiative,
Bob Nelson
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Effective Innovation, John
Adair
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Making a Difference, Bruce
Nixon
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The
Art of Innovation, Tom Kelley
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Tom Peters, Foreword for the The Art of Innovation, Tom Kelley
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20 Breakthrough Ideas for 2005, Harvard Business Review
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Value innovation: The Strategic logic of high growth, W. Chan
Kim and Renee Mauborgne
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Lateral
Thinking Skills, Paul Sloane
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The
Leader's Guide To Lateral Thinking," Paul Sloane
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Improve
Your Lateral Thinking: Puzzles To Challenge Your Mind, Paul Sloane
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Innovation
and Entrepreneurship,
Peter Drucker
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Venture Catalyst : The Five Strategies for Explosive Corporate Growth, Donald L. Laurie
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Radical
Innovation, Harvard Business School
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The Open Innovation Marketplace, Alpheus Bingham, Dwayne
Spradlin
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It's not the BIG and eats the SMALL... it's the FAST that eats
the SLOW, J. Jennings & L. Haughton
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The
Innovative Enterprise, Harvard Business Review
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Real Time Business Development
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