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10 Lessons of Innovation
Experience from the field.




                                                 Idris Mootee
                                                 Author, Speaker and New Venture Strategy Advisor
                                                 SVP Strategy and Innovation Blast Radius Inc.
                                                 www.mootee.typepad.com




A Presentation at Global Innovation Forum March 2007
Innovation is like Ping Pong



                  “I think Innovation is like Ping Pong
                  where ideas are often bounced back
                  and forth and the most interesting
                  games were those played by
                  opponents with totally different training
                  and background.”

                                            - Idris Mootee
Lesson from Meg Whitman (ebay)
  The 5 Principles that drive Innovation at eBay:

  1. Innovation is a mindset. We strive to ensure that everyone in
  the company is focused on Innovation.

  2. Innovation is in the DNA. We build new products with
  Innovation from the inside-out.

  3. Cannibalization does not scare us. We would rather cannibalize
  ourselves than someone else cannibalizing us.

  4. Some people are gifted disruptive innovators. We call them
  "Baby Tigers". We make it a point to nurture them and give them
  the room to succeed.
Serendipity! Sometimes creative ideas simply occur
  5. There can only be so much structure to creating innovations.
                    to the prepared mind.
  We are always open to new ideas and serendipitous finds.
10 Lessons of Innovation



                       Idris Mootee
#1 A big part of Innovation is about
selling, not just inventing
#2 Innovation needs brainstorming and
brainstorming needs rules




                        IDEO rules
                        - Defer judgment
                        - Build on the ideas of others
                        - Only one conversation at a time
                        - Stay focused on the topic
                        - Encourage wild ideas
#3 Creativity is not innovation. Innovation
is built upon creative assets.
#4 There’s no “clear” path or “clean”
solution
#5 Innovation occurs at the intersection of
previously unconnected and unrelated
planes of thought
#6 Innovation is like fencing. You need to
learn to fight like a gentleman




Innovation happens when people respect each other -- but fight like
crazy over their ideas. It’s for fencers only.
#7 Innovation requires a few grumpy
people




They are good at finding flaws and better at pulling the plug and
stopping organizations from throwing good money after bad
#8 Innovation requires its own visual
verbal language




A drawing and picture says a thousand words. A journal to put down
your thoughts visually will allow you to think about your ideas from
various angles, and create clarity of thought.
#9 Prototype a lot, fail often, and fail early
#10 Money should never come first




“People engage in radical innovation not because they get paid for
it, but because they want to.”
                                        - Gene Meieran, Intel Fellow
Thank you.


             innovation playground
             www.mootee.typepad.com

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10 lessons-of-innovation-idris-mootee-keynote3950

  • 1. 10 Lessons of Innovation Experience from the field. Idris Mootee Author, Speaker and New Venture Strategy Advisor SVP Strategy and Innovation Blast Radius Inc. www.mootee.typepad.com A Presentation at Global Innovation Forum March 2007
  • 2. Innovation is like Ping Pong “I think Innovation is like Ping Pong where ideas are often bounced back and forth and the most interesting games were those played by opponents with totally different training and background.” - Idris Mootee
  • 3. Lesson from Meg Whitman (ebay) The 5 Principles that drive Innovation at eBay: 1. Innovation is a mindset. We strive to ensure that everyone in the company is focused on Innovation. 2. Innovation is in the DNA. We build new products with Innovation from the inside-out. 3. Cannibalization does not scare us. We would rather cannibalize ourselves than someone else cannibalizing us. 4. Some people are gifted disruptive innovators. We call them "Baby Tigers". We make it a point to nurture them and give them the room to succeed. Serendipity! Sometimes creative ideas simply occur 5. There can only be so much structure to creating innovations. to the prepared mind. We are always open to new ideas and serendipitous finds.
  • 4. 10 Lessons of Innovation Idris Mootee
  • 5. #1 A big part of Innovation is about selling, not just inventing
  • 6. #2 Innovation needs brainstorming and brainstorming needs rules IDEO rules - Defer judgment - Build on the ideas of others - Only one conversation at a time - Stay focused on the topic - Encourage wild ideas
  • 7. #3 Creativity is not innovation. Innovation is built upon creative assets.
  • 8. #4 There’s no “clear” path or “clean” solution
  • 9. #5 Innovation occurs at the intersection of previously unconnected and unrelated planes of thought
  • 10. #6 Innovation is like fencing. You need to learn to fight like a gentleman Innovation happens when people respect each other -- but fight like crazy over their ideas. It’s for fencers only.
  • 11. #7 Innovation requires a few grumpy people They are good at finding flaws and better at pulling the plug and stopping organizations from throwing good money after bad
  • 12. #8 Innovation requires its own visual verbal language A drawing and picture says a thousand words. A journal to put down your thoughts visually will allow you to think about your ideas from various angles, and create clarity of thought.
  • 13. #9 Prototype a lot, fail often, and fail early
  • 14. #10 Money should never come first “People engage in radical innovation not because they get paid for it, but because they want to.” - Gene Meieran, Intel Fellow
  • 15. Thank you. innovation playground www.mootee.typepad.com