Introduction to Innovation

2,583 views 32 slides Oct 10, 2019
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About This Presentation

Looks at what is innovation, why is there so much focus on innovation today as well as who in your organisation should innovation.


Slide Content

Introduction to Innovation Introduction to Innovation

Format Title/Author Books The Startup Way (2017) (Eric Ries) Blue Ocean Shift (2017) (Mauborgne & Kim) The Innovators DNA (2011) (Dyer, Gregersen & Christensen) Competing Against Luck (2016) (Clayton Christensen) The Lean Startup (2011) (Eric Ries) Business Model Generation (2010) ( Oste rw alder & Pigneur) Value Proposition Design (2014) (Osterwalder & Pigneur ) The Startup Owner’s Manual (2012) (Steve Blank) The Three Box Solution (2016) (Vijay Govindarajan ) Designing for Growth (2011) ( Liedtka & Ogilvie) The Ten Faces of Innovation ( 2005) ( Tom Kelley) The Innovators Dilemma (1997) (Clayton Christensen) The Innovators Hypotheses (2014) (Michael Schrage ) Lean Analytics (2014) ( Croll & Yoskovitz ) Running Lean (2010) (Ash Maurya) Originals : How Non-Conformists Move The World (2016) (Adam Grant ) Videos/ Podcasts / Websites YouTube ‘The Innovators DNA’ and hundreds of others on Google Podcast ‘Innovation Ecosystem’ , ‘Masters of Scale’, ‘Innovation Show ’ Goto /Subscribe www.innovationinsider.com , www.strategy ser.com and www.boardofinnovation.com

“If you don’t have a common vernacular, if you don’t have a common culture, if you don’t have the same frame of reference…then you lose the scalability and the impact of having one program, one mindset and one social movement” Dan Seewald , Senior Director of Worldwide Innovation at Pfizer and Head of the Dare to Try Initiative

What is Innovation?

Creativity is Applied Imagination Innovation is Applied Creativity

Innovation = Invention + Exploitation

Inn o vation is a new or different way of doing things that creates value

Why Innovate?

@FergalBrophy

Innovation Was Innovation Is Product-focused (R&D) Business Model and Process Responsibility of Specialist R&Ds Everyone is Responsible Coaching the Chosen Few Cascade Coaching Everywhere Periodic Continuous Failure is Bad Failure is Necessary Closed ‘Go-it-Alone’ Open ‘Go-it-in-Partnership’ Waterfall/Scientific Problem-Solving Methodology Design Thinking/Business Model/Lean Startup/Agile

“ “Our economy is not static, but we act as if it is. Your position in the world is defined by what you instigate, how you provoke, and what you learn from the events you cause. In a world filled with change, that's what matters - your ability to create and learn from change” Seth Godin, Poke The Box

W ho Should Innovat e ?

If you think you are too  small   to make a difference,  try going to bed  ​ with a mosquito ​

Types of Innovation

Innovation Ambition Matrix

Innovation Landscape Map

The Lorenzian effect is where a strategy of pursuing less ambitious innovations have greater impact on growth

I nnov atio n Killers Recommended Reading: ‘Creative People Must Be Stopped: 6 Ways to Kill Innovation’ by David Owens

Introduction to Innovation Introduction to Innovation
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