2. Innovative Culture
Many companies make incremental improvements
to their products, processes and operations.
However only a few succeed in creating an
innovative culture that generate new ways to
improve operations, reshape existing processes
and create new products
3. An Innovations Model
Model from Innosight LLC
Value proposition
A product that helps
customers to more
effectively,
conveniently, and
affordably do a job
they’ve been trying
to do
Resources
People, technology,
products, facilities,
equipments, brands,
and cash that are
required to deliver
this value
proposition to the
targeted customers
Profit formula
Assets and fixed cost
structure, the
margins and velocity
required to cover
them
Processes
Ways of working
together to address
recurrent tasks in a
consistent way:
training,
development,
manufacturing,
budgeting, planning,
etc..
Priorities Capabilities
4. How to start a change
1. Plan
a. Build a plan
b. Launch a plan
2. Get those Ideas !!
a. Capture Ideas
b. Prioritise
c. Track against business goals
d. Build a team around it
3. Refine (the ideas)
a. Crowd Select
b. Estimate
c. Present
d. Fund
4. Execute (the ideas)
e. Do
f. Report
g. Adapt
5. 1. Plan
“Innovation has nothing to do with how many R&D dollars you
have. … It’s about the people you have, how you’re led and how
much you get it.” -Steve Jobs
● Build it
● Launch it
6. Build it !
Plan to collect ideas and turn them
into value propositions
7. Plan pillars
● Impact : Internal customers , contractors, team members to final customer. Focus on processes,
products and innovations that improve the experience in a way to have the biggest impact on the
enterprise.
● Direction : Set Goals that align to the overall enterprise strategy. Don’t set generic goals or
templates and assume they will work for your organisation. What works for some may not work for
others, and there is nothing wrong with that.
● Balance : When Planning ahead remember to balance current or past innovations and
improvements . Be aware of the resources to maintain those changes.
● Goals : Set the goals for your plan, what will your plan accomplish ?
● Determine : Management , stakeholder, personal, resources and budget to make it happen !!
8. Some things to consider
Incremental Changes
● 70% of Innovations efforts focus on
core/incremental change*
● Incremental changes return of investment
average is 10%*
Transformative Changes
● 10% of Innovation efforts focus on
transformational change*
● Transformational changes return of investment
average is 70%*
*Harvard Business Review Statistics 2016
Incremental and Transformative
…...or Disruptive
9. Beware and expect
Roadblocks
Potential Roadblock
● Value proposition not clear
● “if it's not broke, don't fix it” mentality
● Seasonal Impact in your industry
● Economic changes
● Political events
● Resistant to change
● Organisation competing priorities
● Lack of engagement
And more
11. Promote your plan to all
Stakeholders
● Build a high level pitch
● Purpose, Approach, Model
● Be available to answer questions
● Involve everyone
● Create transparent and collaborative
environment
12. Use available technologies
solutions to your
Advantage
Some options out there …
Communications
● Slack
● Hipchat
Ideas log
● Brightideas
● Sipigit
Enterprise Social Network
● Yammer
● Workplace by Facebook
Stand alone Project Management
● Asana
● Trello
And many more….
13. 2. Get those Ideas !!
“Ideas come from curiosity”-Walt Disney
● Capture Ideas
● Prioritise
● Track against business goals
● Build a team around it
15. …Capture Ideas…
Ideation (Ideas Generation)
● Receive and register all ideas (log)
● Publish. share, communicate and discuss
● Connect similar ideas and opportunities
17. …(strategic)innovation
business goals...
Strengthening
A strong core
business start with
first class products
and services.
Grow
People, technology,
facilities and
equipment to deliver
products and services
to grow target
markets
Digitalisation
Focus in the customer
(internal & external)
and the velocity of
delivery
Technology
Regardless of the
starting point.. Aim to
lead in technology
Priorities Capabilities
18. …build a balanced team
around it .
Leadership
A person can turn a
plan into coherent
outcomes
Experience
Advisors, subject
matter expers
Culture
Translate plans into a
sensitive way to see
the world
Technical
People with the niche
or specific skill set
Priorities Capabilities
19. 3. Refine
“No idea is so outlandish that it should not be considered”
-Winston Churchill
● Crowd Select
● Estimate
● Present
● Fund (Money and Resources)
21. Share, communicate and vote.
Crowd Select the starting ideas
Crowd Selection
● Transparent ideas log
● What ideas are tracking more attention
● What ideas are generating conversations
23. Sell each idea like a Startup
fighting for funds!
Problem
Clearly define the
problem
Return
Why should the idea
be funded and what
would it deliver
(bang for buck)
Solution
Clearly defined
solution
Team
What and why the
team is perfect for the
execution
Priorities Capabilities
24. Once ideas are funded the
execution begins
● Impact
○ Keep all stakeholders informed
○ Maintain flow of ideas and feedback
● Cost
○ Resources
■ Keep track of all resources
■ Invest in the right equipment for
each task
■ Be lean
○ Techology
■ Keep up to date
■ Lead the use of it
■ Show other the benefits
○ Time
■ Milestones
■ Deliverables
■ Recorded roadblocks
● Benefits
○ On each deliverable quantify benefits
○ Record savings, growth, findings,
productivity improvements, new
innovations, and more..
Keynotes
27. To DO is when an idea becomes
an innovation
Build, Design or Develop fast...
● Minimal Viable Product or Process (MVP)
● Challenge it
● Implement it
Record and acknowledge challenges
● Receive feedback, and suggestions
● Define the challenges
● Measure and Analyse them
Rebuild, Re-Design, Redevelop
● Implement new finding to your MVP
● Implement it again
This wheel may spin a few times….
28. Report to record the journey
Idea
Always remember the
original idea and
vision
Challenges
People, technology,
facilities, equipment
and others. How dealt
with and overcome
Status
Be clear and
transparent on stags
of the process and
track outcomes
Results
Focus on how it’s
benefiting the
customers (internal &
external)
Priorities Capabilities
29. Changes happen, don’t stop
ADAPT
● Be aware of potential changes
● Be ready to re-invent
● Embrace the challenge
● Communicate with your team
