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Introduction: Warm Up

The innovation imperative: quick self test




  Review a number of situations that represent common
  barriers in companies.


  Pick three statements that relate to the innovation
  capability of your company




                                                        1
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?



                                                        Let the
                                                   new guy do
                                                 innovation, he is
                                                  young, he should be
                                                       creative!




                                                                                  2
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?



                                                            Don’t
                                                    ask the consumer!
                                                “If I had asked the
                                                consumer, a Ford would
                                                   have
                                                             a




                                                                                  3
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?



                                           “All right, if you think your
                                         idea is better...

                                         let’s ask the consumer which idea
                                          is the best.”




                                                                                  4
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                                    His first day in office,
                                                 the new CEO hung a
                                                banner in the canteen:
                                                   “We are going to re-
                                                  invent ourselves!”




                                                                                  5
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                                “Our innovation is perfectly
                                                aligned around clear goals.”




                                                                                  6
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?


                                              The innovation team
                                          steers their ideas through the 7
                                        step process, until the CEO sees a
                                        first design:
                                          “I don’t think that can be done,
                                         haven’t you thought of X, Y and
                                              Z?!”




                                                                                  7
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?


                                                       “We
                                           have direct access to the latest
                                           scientific work at university
                                               labs.”




                                                                                  8
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                           The innovation budget sits under
                                           the marketing managers budget.




                                                                                  9
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?


                                                We expect 15% of our
                                           growth to come from
                                         innovations,
                                           but spend less then 1% of our
                                             revenue on it




                                                                                  10
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?


                                           The Finance Director is head of
                                          the innovation steering committee




                                                                                  11
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                         “our execution standards are
                                        second to none”




                                                                                  12
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                            “We tried that, it didn’t work,
                                          the guy spent thousands.
                                            No wonder he got fired.”




                                                                                  13
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?



                                   3 out of the 57 projects we run on
                                  innovation have been successful.
                                  That’s quite good.
                                  Look how many new products fail in the
                                   market!




                                                                                  14
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                         “Great, its done, lets see what the
                                         retailer thinks of it!”




                                                                                  15
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                            “We have a diverse team
                                         looking at
                                         innovation from all possible
                                            angles”




                                                                                  16
1. Which statement do you identify most with?
Which common innovation failure is implied? Does it apply to your organisation?




                                          “I know I have that information
                                        somewhere,
                                          but where-o-where?”




                                                                                  17

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10 + Innovation corporate chararteristics

  • 1. Introduction: Warm Up The innovation imperative: quick self test Review a number of situations that represent common barriers in companies. Pick three statements that relate to the innovation capability of your company 1
  • 2. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? Let the new guy do innovation, he is young, he should be creative! 2
  • 3. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? Don’t ask the consumer! “If I had asked the consumer, a Ford would have a 3
  • 4. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “All right, if you think your idea is better... let’s ask the consumer which idea is the best.” 4
  • 5. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? His first day in office, the new CEO hung a banner in the canteen: “We are going to re- invent ourselves!” 5
  • 6. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “Our innovation is perfectly aligned around clear goals.” 6
  • 7. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? The innovation team steers their ideas through the 7 step process, until the CEO sees a first design: “I don’t think that can be done, haven’t you thought of X, Y and Z?!” 7
  • 8. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “We have direct access to the latest scientific work at university labs.” 8
  • 9. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? The innovation budget sits under the marketing managers budget. 9
  • 10. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? We expect 15% of our growth to come from innovations, but spend less then 1% of our revenue on it 10
  • 11. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? The Finance Director is head of the innovation steering committee 11
  • 12. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “our execution standards are second to none” 12
  • 13. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “We tried that, it didn’t work, the guy spent thousands. No wonder he got fired.” 13
  • 14. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? 3 out of the 57 projects we run on innovation have been successful. That’s quite good. Look how many new products fail in the market! 14
  • 15. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “Great, its done, lets see what the retailer thinks of it!” 15
  • 16. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “We have a diverse team looking at innovation from all possible angles” 16
  • 17. 1. Which statement do you identify most with? Which common innovation failure is implied? Does it apply to your organisation? “I know I have that information somewhere, but where-o-where?” 17

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