Vadim Kotelnikov

Innovation Insights

How to invent and bring new ideas to life

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

Inventor Business e-Coach

Author Innoball

Founder Innompic Games icon

 

 

Innovation is a process of inventing innovative value and taking the invention through to satisfied users.

Innovation is 1% invention plus 99% entrepreneurial action Vadim Kotelnikov quotes

Managing innovation is quite different from managing operations as you always have less information available to make choices.

 

 

   

Advice by Self-made Billionaires

 

 

 

Charles Schwab advice quotes

You've got to start with your gut, with something you are really passionate about, for a good reason.

Charles Schwab

 

Steve Jobs advice quotes

Innovation
distinguishes between a leader and a follower.

Steve Jobs

Apple

 

Estee Lauder advice

Don’t be afraid of the trial-and-error approach.

Estee Lauder

 

Bill Gates advice

Often you have to rely on intuition.

Bill Gates

 

Mark Zuckerberg business advice quotes Facebook

Move fast and break things. Unless you are breaking stuff, you are not moving fast enough.

Mark Zuckerberg

Facebook

 

Larry Ellison quote

The only way to get ahead is to
find errors in conventional wisdom.

Larry Ellison

 

Richard Branson business advice quotes

Turn upside down the way you approach the challenges you are facing and look at them in a brand new entrepreneurial way.

Richard Branson

 

Sam Walton's rules for buiding a great business

Swim upstream. Go the other way. Ignore the conventional wisdom.

Sam Walton

 

Akio Morita advice quotes Sony

From a management standpoint, it is very important to know how to unleash people's inborn creativity.

Akio Morita

 

 

InnoBall entrepreneurial simulation game VadiK startup success rules

Create Breakthroughs

Development of breakthrough solutions requires breakthrough approaches. Any innovation has many enemies. You must know them if you want to outinnovate competitors and win the innovation battle. Innopreneurial simulation game InnoBall is to help you create breakthrough innovations.

 

 

 

 

 

 

IDEO Tom Kelley creativity innovation quotes

New opportunities for innovation open up when you start the creative problem solving process with empathy toward your target audience.

Tom Kelley

IDEO

 

 

 

 

 

 

 

 

  

 

Innovation =
1%
invention +
99% of
entrepreneurial action

Managers succeed by following the rules.
innovators succeed by breaking rules.

Vadim Kotelnikov innovation quotes managers vs innovators

 

 

Value Innovation

Satisfy customer needs and seek to make your competitors irrelevant by creating radically new customer value.

Have an inspiring dream, focus on your customer, establish an innovation system, and be entrepreneurial.

The value created by a high performance innovation team is greater than the sum of individual contributions by its members.

 

  

 

 

 

 

Systemic Innovation

Match technological innovations with complementary business model, strategy, process, organizational, marketing, and other innovations.  >>>

Promote a culture of creative dissatisfaction; train people to think creatively about improvement and innovation all of the time.  >>>

Create innovative synergies. Synergize ideas, diversities, innovations, functions and project portfolio >>>

Synergy formulae 1+1+1=111 synergistic team Kotelnikovs Kotelnikov Vadim Dennis Ksenia KOtelnikova

 

 

 

  

 

 

 

Innovator: 8 Winning Habits

  • Be Different and Make a Difference!.. More

Customer-driven Innovation

7 Practice Tips

  • Involve everyone, require every person, regardless of their position, to spend time on customer contact and services activities. Ask all your employee to get on board with customer-driven innovation. Encourage experimentation and risk taking... More

10 Ways To Murder Creativity

  1. Ask for a 200-page document to justify every new idea

Successfool Innovation

Humorous Business Plan

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.

6Ws of Corporate Growth

  1. Know HOW: know how compete, innovate, organize business processes, win and retain customers... More

 

Competitive Strategies

Survival Strategies

Market Leadership Strategies

Incremental Innovation

Radical innovation & Venture strategies

 

Effective Innovation Process

7 Lessons from Silicon Valley Firms

  1. Seed new knowledge about innovation, including reinventing the innovation process itself.

3 Strategies of Market Leaders

3.  Relentless Innovation

  1. Venture Strategies

  2. Fast Company

  3. Innovation System

Inspirational Leadership

10 Roles

  1. Make relentless innovation a religion

The Jazz of Innovation

11 Practice Tips

The Jazz of Innovation: (A) create a guiding structure and (B) encourage improvisation.

  1. Provide strategic alignment.

  2. Challenge assumptions

  3. Build cross-functional expertise... More

Creating Competitive Disruption

7 Strategies

  1. Find new ways to improve customer satisfaction

  2. Find opportunities through understanding trends of change

3 Primary Criteria to Assess Your Innovation Portfolio

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:

  1. 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?

29 Obstacles To Innovation

  • Lack of ownership by senior leaders

  • Innovation not articulated as a company-wide commitment.

5 Strategies for Creating a Culture for Innovation

  • Inspire: Provide an inspiring vision; lead innovation; emphasize opportunities, not problems; trust your people... More

Strategic Innovation

7 Dimensions

  1. Organizational Readiness the ability to take action.

6 Organizational Models that Support Innovation

  1. Innovation Project Team

  2. Expert Network.

 

 

 

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.

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

  1. 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...

 

Inspirational Innovation Quotes

 
Set Godin advice

Go ahead, do something impossible...

You have everything you need to build something far bigger than yourself.

Set Godin

Albert Einstein quotes

We don't need to think  more,
we need to think differently

Albert
Einstein

 

Jack Welch advice business quotes

You have just got to constantly focus on innovation. Shun the incremental, and look for the quantum leap.

Jack Welch

GE

Edward de Bono creativity advices quotes

Creativity involves breaking out of established patterns in order to look at things in a different way.

Edward de Bono

Max DePree quotes

When you have real innovation,
don't compromise...
More

Max
De Pree

Peter Drucker advice

Every organization – not just business – needs one core competence: innovation >>>

Peter Drucker

 

 

 

References:

  1. Driving Growth Through Innovation, Robert B. Tucker

  2. Communication on Innovation Policy, European Commission,

  3. Relentless Growth, Christopher Meyer

  4. 1001 Ways to Take Initiative, Bob Nelson

  5. Effective Innovation, John Adair

  6. Making a Difference, Bruce Nixon

  7. The Art of Innovation, Tom Kelley

  8. Tom Peters, Foreword for the The Art of Innovation, Tom Kelley

  9. 20 Breakthrough Ideas for 2005, Harvard Business Review

  10. Value innovation: The Strategic logic of high growth, W. Chan Kim and Renee Mauborgne

  11. Lateral Thinking Skills, Paul Sloane

  12. The Leader's Guide To Lateral Thinking," Paul Sloane

  13. Improve Your Lateral Thinking: Puzzles To Challenge Your Mind, Paul Sloane

  14. Innovation and Entrepreneurship, Peter Drucker

  15. Venture Catalyst : The Five Strategies for Explosive Corporate Growth, Donald L. Laurie

  16. Radical Innovation, Harvard Business School

  17. The Open Innovation Marketplace, Alpheus Bingham, Dwayne Spradlin

  18. It's not the BIG and eats the SMALL... it's the FAST that eats the SLOW, J. Jennings & L. Haughton

  19. The Innovative Enterprise, Harvard Business Review

  20. Real Time Business Development