1. BUILDING AN INNOVATION TEAM3 TYPES of INNOVATORS Julian Keith Loren November 2009Framing Presentation for #innochathttp://www.innomgmt.comhttp://www.linkedin.com/in/juliankeithloren

2. 3 TYPES of INNOVATORS An innovation team requires innovators. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved.2 3. 3 TYPES of INNOVATORSBut not all innovators have the same focus 11/12/20092009, Innovation Management Institute. All Rights Reserved.3 4. 3 TYPES of INNOVATORS or aptitudes. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved.4 5. 3 TYPES of INNOVATORSIn building strong and effective innovation teams, 11/12/20092009, Innovation Management Institute. All Rights Reserved.5 6. 3 TYPES of INNOVATORSIn building strong and effective innovation teams, 11/12/20092009, Innovation Management Institute. All Rights Reserved.6 7. 3 TYPES of INNOVATORSIve found it beneficial to distinguish between 3 types of innovators. 11/12/20092009, Innovation Management Institute. All Rights Reserved.7 8. 3 TYPES of INNOVATORSIve found it beneficial to distinguish between 3 types of innovators. (Even though some innovators fit more than 1 type) 11/12/20092009, Innovation Management Institute. All Rights Reserved.8 9. 3 TYPES of INNOVATORS Type #1:Domain Innovator 11/12/2009 2009, Innovation Management Institute. All Rights Reserved.9 10. 3 TYPES of INNOVATORS Type #1:Domain Innovator Deep Domain Knowledge 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 10 11. 3 TYPES of INNOVATORS Type #1:Domain Innovator Deep Domain Knowledge Aware of the Devilish Details 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 11 12. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 12 13. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator Broad Cross-Domain Knowledge 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 13 14. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator Broad Cross-Domain Knowledge Aware of the Big Picture Issues 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 14 15. 3 TYPES of INNOVATORSType #3: Paradigm Innovator 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 15 16. 3 TYPES of INNOVATORSType #3: Paradigm Innovator Strategic Vision and Informed Prediction 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 16 17. 3 TYPES of INNOVATORSType #3: Paradigm Innovator Strategic Vision and Informed Prediction Aware of the Potential Risk and Reward 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 17 18. 3 TYPES of INNOVATORSTeam for complex, large-scale innovation initiatives: 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 18 19. 3 TYPES of INNOVATORSTeam for complex, large-scale innovation initiatives:Many Domain Innovators (from different domains) 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 19 20. 3 TYPES of INNOVATORSTeam for complex, large-scale innovation initiatives:Many Domain Innovators (from different domains)Several Multi-Disciplinary Innovators 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 20 21. 3 TYPES of INNOVATORSTeam for complex, large-scale innovation initiatives:Many Domain Innovators (from different domains)Several Multi-Disciplinary InnovatorsOne Paradigm Innovator 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 21 22. 3 TYPES of INNOVATORS Contributions: 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 22 23. 3 TYPES of INNOVATORS Contributions: Domain Innovators:Product, Service, and Technology Innovation 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 23 24. 3 TYPES of INNOVATORS Contributions: Domain Innovators:Product, Service, and Technology Innovation Multi-Disciplinary Innovators:Business Model and Process Innovation 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 24 25. 3 TYPES of INNOVATORS Contributions: Domain Innovators:Product, Service, and Technology Innovation Multi-Disciplinary Innovators:Business Model and Process Innovation Paradigm Innovator:Industry Model and Paradigm InnovationDisruptive Innovation Goals / Blue Oceans 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 25 26. 3 TYPES of INNOVATORS Contributions: Domain Innovators:Product, Service, and Technology Innovation Multi-Disciplinary Innovators:Business Model and Process Innovation Paradigm Innovator:Industry Model and Paradigm InnovationDisruptive Innovation Goals / Blue Oceans 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 26 27. 3 TYPES of INNOVATORSPractical Tip #2: Present Some Complex Design Problems 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 27 28. 3 TYPES of INNOVATORSPractical Tip #2: Present Some Complex Design Problems Domain InnovatorsWill answer the question creatively. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 28 29. 3 TYPES of INNOVATORSPractical Tip #2: Present Some Complex Design Problems Domain InnovatorsWill answer the question creatively. Multi-Disciplinary InnovatorsWill question the question, or ask for clarification. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 29 30. 3 TYPES of INNOVATORSPractical Tip #2: Present Some Complex Design Problems Domain InnovatorsWill answer the question creatively.cMulti-Disciplinary InnovatorsWill question the question, or ask for clarification. Paradigm Innovator:Will question the assumptions underlying the question.(Which is why you only want one of them on your team) 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 30 31. 3 TYPES of INNOVATORSThere are many other important factors forInnovation Team-Building 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 31 32. 3 TYPES of INNOVATORSThere are many other important factors forInnovation Team-BuildingBut balancing the 3 innovator types in your team, 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 32 33. 3 TYPES of INNOVATORSThere are many other important factors forInnovation Team-BuildingBut balancing the 3 innovator types in your team,Is a vital factor which is often missed. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 33 34. 3 TYPES of INNOVATORSThere are many other important factors forInnovation Team-BuildingBut balancing the 3 innovator types in your team,Is a vital factor which is often missed. To discuss why it matters, please join #innochat on Thursday, November 12, 2009 at 12PM Eastern. 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 34 35. 3 TYPES of INNOVATORS BRAIN-DUMP SLIDE: OTHERFACTORS A few additional factors to consider when putting together an innovation team: 1. Team Breadth: Having Differing Disciplines + Perspectives Represented. 2. Beyond the Core Team: Identifying and Engaging Liaisons + Critics. 3. Balancing Mandates: Dealing with the Tensions Between Operational Mandates (Stability,Reliability) and Innovation Mandates (Change, Differentiation). [Some team members mayhave both mandates!] 4. Pride Investment Portfolio: Sharing a Focus on the Team and the Result [Introduced in thisPresentation: http://bit.ly/prideip ] 5. Real Elements of Innovator Compensation: Scope of Innovations Impact may trump Salary. 6. When Neither Generalist nor Specialist Fits: The Top Innovators Expertise at being anExpert. Im working on a book on Innovation Teams & Culture thatcovers these topics and more. If youd you like to contribute, or have interest in peer reviewing chapters, please let me know!jkl@innomgmt.com 11/12/2009 2009, Innovation Management Institute. All Rights Reserved. 35