Part of a presentation I recently used on innovation

1. INNOVATION A Working Man’s Interpretation

2. Innovation: What is it ? in·no·va·tion (n-vshn)n. 1. The act of introducing something new. 2. Something newly introduced. Dictionary.com

3. Is this Innovative ? (It’s certainly new)

4. Showed up at work with self made Iron Man Costume. PS: Was asked to go home Meet Mr. Wang Kang – Innovator ?

5. Let’s try again ! “Traditionally, people think innovation is just about creativity, about being able to create ideas. In fact, it’s a very disciplined area. Companies really can manage innovation in the ways that they manage quality.” Esther Baldwin, Intel (Quoted in SMR)

6. A Process ? Really ?! "Innovation is the multi-stage process whereby organizations transform ideas into improved products, service or processes, in order to advance, compete and differentiate themselves successfully in their marketplace.” Baregheh A, Rowley J and Sambrook S.(2009) Towards a multidisciplinary definition of innovation, Management decision, vol. 47, no. 8, pp. 1323–1339

7. It’s really two things

8. Let’s take a detour

9. Competitive Advantage

10. Staying ahead

12. How is it done ? Barriers to Innovation

13. The Deadly Enemies of Creativity

14. Success

15. Inertia

16. Caveman R & D

17. Going Solo

18. Mismatched passions

19. Problem Solving

20. The Deadly Sins of Delivery

21. Bureaucracy

22. Broken Innovation Process

23. Internal Selling

24. Impatience

25. NPVs, IRRs, and other Evils

26. Innovation in Telecom

27. Is Telecoms an innovative industry ? What happened to MMS ? Mobile Advertising ? WAP Portals ? Location based services ? Push to talk ? Video calling (network based) All are there, but none made it to blockbuster status

28. Who ate the Telecom lunch ? Why didn’t telecoms get these right ? Social Networking / Facebook Media Sharing / Youtube, Flickr, blogging Geographical service / Foursquare Video Calling / Skype In each case a new company came along and did better what telecoms had been trying to do

30. farid98@gmail.com Thank you