Innovation is fun and deadly serious! breakfast july 2014

transcript

WELCOME

Business Innovation Can we really innovate our business?

9th July 2014

HOUSE KEEPING

Future Events with

– 9th July: Business Innovation – can we innovate service?

– 10th September: Finance readiness –what’s good practice when seeking funding?

– 15th October: Woking means Business

– 12th November: Sales – tips and techniques

Register at succeed@connect2innovation.co.uk to be kept updated

Our speakers today

Nigel Biggs -

Triin Udris -

• Deliver your 1 min business pitch

– who you are

– what you do

– what makes you unique

– what are your current goals

• Make sure you hand out your business cards

It’s your turn

Assistance?

“Growth through Innovation” & “Growth

Accelerator”

are both subsidised government schemes to

assist SME business which can help realise IP

and business potential

Enterprise Europe Network

Our Speaker can help you – take the opportunity &

discuss your business issues with them today

Innovation? Or make money by

doing things differently?

Business Challenges:

Increase revenue

Grow the customer base

Raising brand awareness and improving image

Innovation

“The world is getting smaller and

busier every day.

The average western consumer sees

more than 3,000 marketing messages

a day.

How can [we] possibly compete for

people’s attention in such a crowded

environment?

........Matt McNeil CEO of Sign-Up.to

Always

be innovating

Unfair, but firm

•We need to innovate and improve our offering(s)

continually, or

someone else will either steal our market or leave us

working

hard for pennies, as a commodity supplier.

We are in business to make money?

•Studies show that it pays to be innovative.

•So, why not target 30%, or more, of sales from new

products or services annually

Quotes

“I cannot understand why people are frightened of new ideas – I am frightened of the

old ones!”........... John Cage composer

“Innovation is the ability to see change as an opportunity – not a threat.”

........ Steve Jobs – CEO of Apple

“The greatest danger for all of us is not that our aim is too high and we miss it ,

but it is too low and we reach it!”.....Michelangelo

Over to Nigel

Email: succeed@connect2innovation.co.uk

Follow us on Twitter: @Connect2Innov

Join our Linked In group: Connect 2 Innovation

Telephone: 01483 743024

Nigel Biggs

Founder, Pixology plc

and now Passionate Innovation Ltd

Entrepreneur-in-Residence at

University of Surrey

Innovation is FUN –

and deadly serious for

your business!

... and so is BREAKFAST!

... is Black Forest Gateau for

BREAKFAST!

... be different for BREAKFAST!

Tom Peters said ....

Never waste a lunch!!!! Lunch

is 5 opportunities per week, 220

opportunities per year to get to

know interesting outsiders,

folks from other functions,

customers, vendors, frontline

staffers.

So let’s not waste breakfast....

LET’S TRY

ROOMSOURCING

Grab a sheet of A4 paper

Write name on top area and 10

keywords to describe your business &

market, your hobbies and a current

NOW LISTEN!

WHO HERE INNOVATES?

Lesson 1: Try It! Do it now!

Darwin rules. More stuff goin’ on, more

interesting-good stuff happenin’.

Innovation is to a large extent a “numbers

game”: He-she who tries the most stuff

wins. (Astonishingly true.)

Tom Peters: Innovate or Die: The Innovation 121

A Menu of [Essential] Innovation Tactics

WHAT IS ...

NEW IDEAS to

IMPLEMENTATION

NEW IDEAS – WHY, WHEN, HOW?

NEW IDEAS – WHEN?

In the shower ? On your own?

With your team? Brainstorming?

With other colleagues?

With new contacts?

Planned away day?

Away Hour????

NEW IDEAS – HOW?

P I L O T

How can we

........................?

P: Pursue the Problem

Is it too wide? Make more

focused?

How can we

........................?

P: Pursue the Problem

Choose one business

from your group.

5 mins to explain the

problem.

On your own

3 minutes

1 idea per post-it note

Be adventurous!

Pass over. Do again.

I: Input Ideas

View the ideas.

With time we would ....

Share the ideas

Sort/De-dupe. Chase more.

Categorise (Green/Yellow/Red)

Choose/Vote

L: Locate the Likely

Check with others (Will they buy?)

Does it work financially?

Does it work in time?

O: Open to the Outside

Start small even free

Get feedback

T: Test & Trial

Do it for another

business?

Innovate or Die!

Darwin said:

“It is not the strongest of the

species that survives, nor the

most intelligent, but the one most

responsive to change.”

Opportunities Missed

ViewFinder

Red Eye

The “Away Hour”

Invest the Time. Use a Process!

ROOMSOURCING

The “Away Hour”

Email: nigel@passionateinnovation.com

Tel: 01483 827301

Mob: 07860 873717

Twitter: @nigelb22

Skype: rnigelbiggs

Web: www.passionateinnovation.com

Questions?

•Enterprise Europe Network

•Connect2Innovation

•09.07.2014

WHAT WE DO?

The world’s largest B2B network

Free services

International matchmaking

Access to Funding

Snapshot of Oxford Innovation’s

clients

• Utilities software developer finds Spanish, Greek and Lithuanian

partners to jointly supply 17 technologies to a university in China

• An automotive manufacturer finds German, Spanish and Italian

partners to apply for Horizon 2020 to develop a flywheel

• An SME developing an UAV receives a letter of support for their

Horizon 2020 application from a large EU rail operator

• Cosmetics company secures contracts in Ireland and China

European Funding

Horizon 2020 Understand how it works

• €79bn 2014-2020

• Up to 100% funding

• Up to €2.5m for SMEs

Help building a consortium

Application support

What to keep in mind?

What have we achieved?!

• 80 000 companies have received support

to finance their project

• Over 9000 businesses have found

international partners

Thank You!

Triin Udris

Oxford Innovation Services

t.udris@oxin.co.uk

www.een.ec.europa.eu

Innovation is fun and deadly serious! breakfast july 2014

Small Business & Entrepreneurship