By: Vadim Kotelnikov
Inventor, Author, and Founder of:Ten3 Business e-Coach – Inspiration and Innovation Unlimited!
|
"Every organization – not just business – needs one core competence: innovation." – Peter Drucker |
|
|
Yourself & Your Team |
Your Organization & Processes Sustainable Innovation Organization Managing Innovation by Cross-functional Teams |
Your Strategies Sustainable Competitive Advantage Radical vs Incremental Innovation |
|
PowerPoint |
Inspirational Quotes |
|
Innovation is the conversion of new knowledge into new products and services. Innovation is about creating value and increasing productivity, and therefore growing your business.
Success in business doesn't come from feeling comfortable. With many markets becoming more and more competitive as a result of new competitors from global or deregulated markets, those who innovate best will win in the future. You need to accept risk, measure performance, and embrace innovation. In today's technology-driven world, business life cycles have accelerated exponentially, but good innovation management basics always apply. The challenge is to keep a step ahead of changing market conditions, new technologies and human resources issues. To remain competitive, today's companies need to do more than simply deliver products or services that are better or cheaper than those of their rivals. They must also add features, improve performance, and reduce prices more quickly. They must be faster to launch new lines. To grow, they may need to create entirely new markets and develop venture strategies.
To jazz up your ability to innovate, turn to
jazz –
the improvisation-driven model
for innovation project
management.
This model doesn’t discard structure, just as there
is a clear structure to good jazz. In innovation, this structure is created
through
roadmaps,
guiding principles,
business processes, systems and organizational
charts.
Strategic planning
and road-mapping processes cannot guarantee brilliant flashes of creative
insight, but they can prepare minds and increase the odds that such flashes
occur in real time. Thus structure, as chords do in jazz, serves as a basis
for improvisation, experimentations,
discoveries
and
innovation...
More
Leaders: Lead improvisation. Managers: Provide structure. New Era of Systemic Innovation Innovation used to be a linear trajectory from new knowledge to new product. Now innovation now is neither singular nor linear, but systemic. It has different forms. It arises from complex interactions between many individuals, organizations and environmental factors. Innovation is not divisible – ‘good in parts’ is no good at all... More
Lessons from Silicon Valley Firms Deciding If Your Innovation Portfolio Has Enough Stretch Adapted from Relentless Growth, Christopher Meyer
Innovation Management Team: "Few great men would have got past personnel." – Paul Goodman...Operational Plan: "The secret to creativity is knowing how to hide your sources." – Albert Einstein... More
DOs and DON'Ts of a Successful Innovator By: Peter Drucker DOs: Start small – try to do one specific thing... DON'Ts: Don't undershoot, or you will simply create an opportunity for competition... More 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... More
Best Practices Google: 10 Golden Rules Encourage creativity. Google engineers can spend up to 20 percent of their time on a project of their choice. There is, of course, an approval process and some oversight, but basically we want to allow creative people to be creative. One of our not-so-secret weapons is our ideas mailing list: a companywide suggestion box where people can post ideas ranging from parking procedures to the next killer app. The software allows for everyone to comment on and rate ideas, permitting the best ideas to percolate to the top... More The Art of Innovation: 9 Truths By: Guy Kawasaki
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... More 5 Factors that Make a Project Successful To be successful, a project must have4:
Innovation Process: Diversion and Conversion of Ideas... Specific Mindset and Skill Requirements... Systematic Approach to Innovation... Systems Thinking... Creative Leadership... Strategy Innovation... Process Innovation... Value Innovation... E-ventures... Case in Point Dell Computer Corporation... Case in Point General Electric... Case in Point Nike... Case in Point Charles Schwab... Case in Point Bunsha... Case in Point Thermo Electron... Case in Point Corning... Case in Point GE... Case in Point Half.com... Case in Point Silicon Valley Firms... Case in Point Microsoft...
|
|
References:
|
25 slides
|
