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Innovation boost presentation 2013

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Presentation from Innovation Boost, a seminar for business owners, professionals and entrepreneurs held at the University of Hertfordshire on the 7th of December 2013. The presentation is (c) 2013 Nick Whiteley, Innogise
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  • 1. Steps to Successful Innovation and ExecutionInnovation Boost, University of Hertfordshire, 7th of December 2013

2. Agenda 3. Nick Whiteley Technologist Managing Director Author Consultant Entrepreneur 4. PassionNothing great in the world has ever been accomplished without passion. Georg Hegel 5. CollaborationA Better TomorrowTraining often gives people solutions to problems already solved. Collaboration addresses challenges no one has overcome before. Marcia Conner 6. CultureA Better TomorrowOrganizations, by their very nature are designed to promote order and routine. They are inhospitable environments for innovation. T. Levitt 7. VisionA Better Tomorrow"Vision is the art of seeing what is invisible to others. Jonathan Swift 8. 4 EssentialsA Better TomorrowPassion Vision Collaboration Culture 9. Competing Values Leadership: Creating Value in Organizations by Kim S. Cameron, Robert E Quinn, Jeff DeGraff and Anjan V Thakor 10. 1. Does it intersect between your competency and passion? 2. Will it still be relevant in 100 years time? 3. Does it have a value proposition that provides focus and differentiation? 11. Success is a Journey Not a destinationCompanies that last go on successive missions rather than simply defending their ground. Success isnt a destination but an opportunity to embrace successive missions. 12. Self Disrupt Or Self Destruct?Dont be afraid to disrupt your business. None of your competitors will have any such hesitation. 13. Innovation needs a championInnovation can create internal resistance and there needs to be ownership and authority to drive through execution and often this involves every area of the organisation. 14. If at first the idea is not absurd, then there will be no hope for it. 15. Understand the heart of your customerGo further by understanding the needs of their customers too. You need to do more than hear what they say, but understand what they do and how to make their tomorrow better than today. 16. Redefine the ProblemIf Id asked my customers what they wanted, theyd have said a faster horse. Henry Ford 17. Identify the Gaps and Connect the DotsBy filling the gaps you can create an unequal presence in the market by completing the areas no-one else has seen. 18. Remove everything that doesnt add value. Simplify everything else.It takes real focus and ingenuity to remove complexity and simplify. Simplicity and Speed add real value. 19. Creativity is more than just being different. Anybody can plan weird; that's easy. What's hard is to be as simple as Bach. Making the simple, awesomely simple, that's creativity.Charles Mingus 20. Find the Impossible. Then Redefine it.Whatever was impossible yesterday may be possible today. Look at different markets to see if they have solved a similar problem. 21. Failure is part of the processWherever you see a successful business, someone once made a courageous decision. Peter Drucker 22. Fail Quick. Fail Cheap. 23. Avoiding Risk is your greatest RiskIdentify and quantify risks but dont avoid taking them. Innovation is about taking risks, and the greatest risk to any company is to become risk adverse. 24. Small changes on the Innovation Journey can lead to something far more disruptive. 25. Presentation based on Business Innovation: A little book of big ideas by Nick Whiteley Purchase in paperback or kindle from Amazon. Direct link: www.nickwhiteley.co.uk 26. [email protected][email protected] www.linkedin.com/in/nicholaswhiteley

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