This is a story about a duck, how he got rich and what we can learn from that

1. This is a story about ducks, hypes and bright ideas

2. His lucky dime

3. He made his fortune in Klondike

4. Klondike, Dawson City, Yukon territory, northern Canada

5. The inspiration for the character Scrooge mcDuck: “Skookum” Jim Mason

6. One guy inspired a million people to make plans

7. a 100.000 actually set out to do so

8. By the time people reached Dawson City, 60.000 had died

9. Of the 40.000 that reached Dawson City, only 4.000 found gold

10. The rest went home broke

11. Chew on this for a while …  1.000.000 made plans  100.000 – 10% ventured out  60% of the adventurers failed at the attempt  Only 40% reached their destination  Of which only 10% struck gold But who really made the money?

12. Gold rush: Gartner’s hype cycle

13. Technology adaption: psychographic profiles differ

14. Hype cycle examples: Internet bubble eCommerce: bubbled in 2001, went through the trough and emerged on the plateau

15. Virtual worlds

16. Social networks: a new gold rush

17. Freelance marketplaces. Before the peak

18. More on the curve, according to Gartner ? ? Idea management

19. How to recognize the signals

20. So when to get on the band wagon ! ? ! ! ? If we want to be on the left side, we need to adopt a culture which supports entrepreneurs.

21. We are in a recession and are very hungry for change As a consequence we are pulling up windmills in each direction the wind comes from

22. But we tend to keep ideas to ourselves ! Innovation is about Open and Sharing and Collaborating . We need to bring about this culture change

23. What we need is a bottom’s up approach combined with a top down structure

24. Because innovation is not about being lucky Hundreds of similar definitions can be found in the literature. Here is the one adapted from various sources: “innovation is the process of ensuring a profitable implementation of ideas coming from the crowd” It’s about managing innovation as a business process similar to CRM or ERP Innovation is not about finding this one disruption that is going to change the market. It’s about the process of ideation, selecting and executing ideas .

25. It can be managed as a business process Sales Purchasing Innovation ERP ? CRM

26. Where ideas will go through a funnel of stages and gates The ideas funnel A community: To stimulate ideation and help refine ideas A funnel: To route, rank and refine ideas that makes sure the best ideas continue into our pipeline An organisation: To help ideas go from concept to business case and presentation

27. The innovation funnel

28. Stages and gates

29. Engagement through challenges Activity Time Focus on process Focus on challenges

30. The path to become more innovative Managing challenges Building a community Managing a community Single Challenges Multiple challenges More innovative Time Emergent innovation community Mature innovation community