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the “new”
and the “best”
in teaching innovation...

                           Alfons Cornella
                           founder & president
Infonomia 2007
                           Infonomia.com
                 © Infonomia.com 2006            1
Infonomia 2007   © Infonomia.com 2006   2
our
             standpoint?
Infonomia 2007   © Infonomia.com 2006   3
infonomia =
       idea editors,
   & innovation services
        since 1995
Infonomia 2007   © Infonomia.com 2006   4
knowledge
   innovation                             innovation
     editors        projects                services
                   resources
how companies                                    how you
  do innovate                                  can innovate



  Infonomia 2007   © Infonomia.com 2006                 5
mission, in brief

                     understanding,
                 explaining & fostering
                       innovation
                    in organizations


Infonomia 2007          © Infonomia.com 2006   6
how
     1) by detecting
      the best ideas
 and experiences, both in
   Spain and the World

Infonomia 2007   © Infonomia.com 2006   7
innovators
at cities




 Infonomia 2007   © Infonomia.com 2006   8
innovators
at sectors




 Infonomia 2007   © Infonomia.com 2006   9
how
        2) by explaining new
       ideas and experiences
        in different formats:
        web, journal, books,
          events video, etc
Infonomia 2007   © Infonomia.com 2006   10
Infonomia 2007   © Infonomia.com 2006   11
Infonomia 2007   © Infonomia.com 2006   12
Infonomia 2007   © Infonomia.com 2006   13
how
  3) by connecting people
           to act
      on what’s next…


Infonomia 2007   © Infonomia.com 2006   14
a network
of 15000 restless
business minds,
in Spanish
(“unquiet” people)

Infonomia 2007   © Infonomia.com 2006   15
Infonomia 2007   © Infonomia.com 2006   16
how

    4) by designing and
 developing projects with
 actual companies to help
  them foster innovation
Infonomia 2007   © Infonomia.com 2006   17
so far, we have
                  documented
                     600
    innovative experiences
           in Spain
Infonomia 2007        © Infonomia.com 2006   18
we have learned
         some things
   although we have done
     no serious scientific
          research…

Infonomia 2007   © Infonomia.com 2006   19
what
  management is
Infonomia 2007   © Infonomia.com 2006   20
management =
 f: resources                                 results

 Management aims at transforming resources into results;
         that is into value for a whole set of agents.
So it converts complexity and specialization into performance
Infonomia 2007         © Infonomia.com 2006               21
resources




                                                  market



                 product
Infonomia 2007             © Infonomia.com 2006            22
academic setting: narrow specialization ?




 Infonomia 2007                    http://www.rotman.utoronto.ca/integrativethinking/
                  © Infonomia.com 2006                                       23
resources




                                                  market



                 product
Infonomia 2007             © Infonomia.com 2006            24
resources




                                                  market



                 product
Infonomia 2007             © Infonomia.com 2006            25
resources




                                                  market



                 product
Infonomia 2007             © Infonomia.com 2006            26
business problems are now (very) messy
and require a miscellaneous approach




Infonomia 2007                    http://www.rotman.utoronto.ca/integrativethinking/
                 © Infonomia.com 2006                                       27
resources

need for
a balanced                                 MGMT
management
mindset                                           market



                 product
Infonomia 2007             © Infonomia.com 2006            28
www.rotman.utoronto.ca
Infonomia 2007   © Infonomia.com 2006                         29
www.rotman.utoronto.ca
Infonomia 2007   © Infonomia.com 2006                         30
www.rotman.utoronto.ca
Infonomia 2007   © Infonomia.com 2006                         31
manufacturing mindset
MFG
                 marketing mindset
                 MKG

                                      innovation mindset
                                      INN
Infonomia 2007        © Infonomia.com 2006                 32
so, the question may well be
not to insist on wedging innovation
into current management programs,
but to make management programs
buy into the (new) innovation mindset

Infonomia 2007   © Infonomia.com 2006   33
Infonomia 2007   © Infonomia.com 2006   34
a challenge
                        individuals            organization
                            persona             organización

                      productive               manufacturing
      productivity                                 line
        productividad individuals


                        imaginative               systematic
       innovation
           innovación    individuals              innovation



Infonomia 2007          © Infonomia.com 2006                   35
what
          innovation is
Infonomia 2007   © Infonomia.com 2006   36
innovation =
     f: ideas                 value

       innovation transforms ideas into value
       for customers, and so bringing a profit
   that has to be sustainable for the company37
Infonomia 2007       © Infonomia.com 2006
The Carolina Entrepreneurial Initiative
helps UNC students, faculty and staff learn
to transform ideas into sustainable enterprises
that create value.



                                         www.unc.edu/cei
Infonomia 2007    © Infonomia.com 2006                     38
results



                 ideas      mgmt                value


Infonomia 2007           © Infonomia.com 2006           39
resources


                             results

                                             value   market
                             mgmt
                     ideas

                 product
Infonomia 2007             © Infonomia.com 2006               40
Now,
all management may become
innovation management

Infonomia 2007   © Infonomia.com 2006   41
so much for
    the theory…
Infonomia 2007   © Infonomia.com 2006   42
what really happens
 to the innovator out there?

Infonomia 2007   © Infonomia.com 2006   43
www.entre-ed.org/_teach/tp00.htm
Infonomia 2007   © Infonomia.com 2006                                44
Infonomia 2007   © Infonomia.com 2006   45
what really NEEDS
    the innovator out there?

Infonomia 2007   © Infonomia.com 2006   46
Infonomia 2007   © Infonomia.com 2006   47
Infonomia 2007   © Infonomia.com 2006   48
Infonomia 2007   © Infonomia.com 2006   49
results                            tools
                                                    skills
                                                  contacts
                 mgmt
   ideas                      value
                                                     tips

Infonomia 2007             © Infonomia.com 2006          50
results



   ideas         mgmt         value


        tools to
discover opportunities…
Infonomia 2007             © Infonomia.com 2006   51
discovering
                    problems
                     looking
                 for a solution…
Infonomia 2007       © Infonomia.com 2006   52
rather than
                     solutions
                      looking
                 for a problem…
Infonomia 2007       © Infonomia.com 2006   53
Infonomia 2007   © Infonomia.com 2006   www.leatt-brace.com
                                                          54
Infonomia 2007   © Infonomia.com 2006   www.leatt-brace.com
                                                          55
Infonomia 2007   © Infonomia.com 2006   www.leatt-brace.com
                                                          56
results



   ideas          mgmt        value


                     tools for
Infonomia 2007
                 value analysis…
                           © Infonomia.com 2006   57
needs   approach         benefits      competitors




Infonomia 2007            © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006
                          Innovation, the five                                 58
Infonomia 2007   © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006
                 Innovation, the five                                 59
Needs
                 Approach
                 Benefits
                 Competitors

Infonomia 2007     © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006
                   Innovation, the five                                 60
tools for networking
      and matchmaking…


Infonomia 2007   © Infonomia.com 2006   61
composietenteam.nl
Infonomia 2007   © Infonomia.com 2006                  62
www.elegantembellishments.net
Infonomia 2007   © Infonomia.com 2006                          63
www.carriere.es
Infonomia 2007   © Infonomia.com 2006               64
new energy stems from
connecting “free radicals”




Infonomia 2007   © Infonomia.com 2006   65
Infonomia 2007   © Infonomia.com 2006   66
www.demo.com
Infonomia 2007   © Infonomia.com 2006             67
www.pecha-kucha.org
Infonomia 2007   © Infonomia.com 2006                         68
www.vator.tv
Infonomia 2007   © Infonomia.com 2006            69
results



   ideas         mgmt         value


       tools for
payback management…
Infonomia 2007             © Infonomia.com 2006   70
Infonomia 2007   © Infonomia.com 2006   71
Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006)
Infonomia 2007                © Infonomia.com 2006                                        72
Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006)
Infonomia 2007                © Infonomia.com 2006                                        73
iridium




                 Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006)
Infonomia 2007                © Infonomia.com 2006                                        74
iPod




                 Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006)
Infonomia 2007                © Infonomia.com 2006                                        75
conclusions

Infonomia 2007      © Infonomia.com 2006   76
a different
            style is coming…


Infonomia 2007   © Infonomia.com 2006   77
Infonomia 2007   © Infonomia.com 2006   78
Infonomia 2007   © Infonomia.com 2006   www.ycombinator.com
                                                         79
http://localglobe.blogspot.com/2007/02/y-europe-can-seed-growth-of-its-new.html

Infonomia 2007                   © Infonomia.com 2006                                  80
from
       learning innovation
                  to
         living innovation

Infonomia 2007   © Infonomia.com 2006   81
Infonomia 2007   © Infonomia.com 2006                82
                                        www.krabbesholm.dk
innovation
                 is innovators…


Infonomia 2007       © Infonomia.com 2006   83
new critical verbs:
                find
               value
              match
Infonomia 2007   © Infonomia.com 2006   84
different tracks for
   different profiles and
           goals:
    art, science, social
         innovation
Infonomia 2007   © Infonomia.com 2006   85
the context
                  is critical…


Infonomia 2007      © Infonomia.com 2006   86
Infonomia 2007   © Infonomia.com 2006                       87
                           J.M. Zabala, Expansion 04sep07
Infonomia 2007   © Infonomia.com 2006   88
we try…



Infonomia 2007    © Infonomia.com 2006   89
public                                                             private
open                                                               on demand
free                                                               fee

1                    2                    3                  4




   we                      we                   we                we
 WATCH                   FEED you         CONNECT you          HELP you
what’s next               smartly         to opportunities   act upon them

    DETECTING        EXPLAINING               CONNECTING         PROJECTS
    Infonomia 2007             © Infonomia.com 2006                     90
infonomia.com
                       cada día, una idea
                   a new day, a new idea




Infonomia 2007         © Infonomia.com 2006   91

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Alfons Cornella

  • 1. the “new” and the “best” in teaching innovation... Alfons Cornella founder & president Infonomia 2007 Infonomia.com © Infonomia.com 2006 1
  • 2. Infonomia 2007 © Infonomia.com 2006 2
  • 3. our standpoint? Infonomia 2007 © Infonomia.com 2006 3
  • 4. infonomia = idea editors, & innovation services since 1995 Infonomia 2007 © Infonomia.com 2006 4
  • 5. knowledge innovation innovation editors projects services resources how companies how you do innovate can innovate Infonomia 2007 © Infonomia.com 2006 5
  • 6. mission, in brief understanding, explaining & fostering innovation in organizations Infonomia 2007 © Infonomia.com 2006 6
  • 7. how 1) by detecting the best ideas and experiences, both in Spain and the World Infonomia 2007 © Infonomia.com 2006 7
  • 8. innovators at cities Infonomia 2007 © Infonomia.com 2006 8
  • 9. innovators at sectors Infonomia 2007 © Infonomia.com 2006 9
  • 10. how 2) by explaining new ideas and experiences in different formats: web, journal, books, events video, etc Infonomia 2007 © Infonomia.com 2006 10
  • 11. Infonomia 2007 © Infonomia.com 2006 11
  • 12. Infonomia 2007 © Infonomia.com 2006 12
  • 13. Infonomia 2007 © Infonomia.com 2006 13
  • 14. how 3) by connecting people to act on what’s next… Infonomia 2007 © Infonomia.com 2006 14
  • 15. a network of 15000 restless business minds, in Spanish (“unquiet” people) Infonomia 2007 © Infonomia.com 2006 15
  • 16. Infonomia 2007 © Infonomia.com 2006 16
  • 17. how 4) by designing and developing projects with actual companies to help them foster innovation Infonomia 2007 © Infonomia.com 2006 17
  • 18. so far, we have documented 600 innovative experiences in Spain Infonomia 2007 © Infonomia.com 2006 18
  • 19. we have learned some things although we have done no serious scientific research… Infonomia 2007 © Infonomia.com 2006 19
  • 20. what management is Infonomia 2007 © Infonomia.com 2006 20
  • 21. management = f: resources results Management aims at transforming resources into results; that is into value for a whole set of agents. So it converts complexity and specialization into performance Infonomia 2007 © Infonomia.com 2006 21
  • 22. resources market product Infonomia 2007 © Infonomia.com 2006 22
  • 23. academic setting: narrow specialization ? Infonomia 2007 http://www.rotman.utoronto.ca/integrativethinking/ © Infonomia.com 2006 23
  • 24. resources market product Infonomia 2007 © Infonomia.com 2006 24
  • 25. resources market product Infonomia 2007 © Infonomia.com 2006 25
  • 26. resources market product Infonomia 2007 © Infonomia.com 2006 26
  • 27. business problems are now (very) messy and require a miscellaneous approach Infonomia 2007 http://www.rotman.utoronto.ca/integrativethinking/ © Infonomia.com 2006 27
  • 28. resources need for a balanced MGMT management mindset market product Infonomia 2007 © Infonomia.com 2006 28
  • 29. www.rotman.utoronto.ca Infonomia 2007 © Infonomia.com 2006 29
  • 30. www.rotman.utoronto.ca Infonomia 2007 © Infonomia.com 2006 30
  • 31. www.rotman.utoronto.ca Infonomia 2007 © Infonomia.com 2006 31
  • 32. manufacturing mindset MFG marketing mindset MKG innovation mindset INN Infonomia 2007 © Infonomia.com 2006 32
  • 33. so, the question may well be not to insist on wedging innovation into current management programs, but to make management programs buy into the (new) innovation mindset Infonomia 2007 © Infonomia.com 2006 33
  • 34. Infonomia 2007 © Infonomia.com 2006 34
  • 35. a challenge individuals organization persona organización productive manufacturing productivity line productividad individuals imaginative systematic innovation innovación individuals innovation Infonomia 2007 © Infonomia.com 2006 35
  • 36. what innovation is Infonomia 2007 © Infonomia.com 2006 36
  • 37. innovation = f: ideas value innovation transforms ideas into value for customers, and so bringing a profit that has to be sustainable for the company37 Infonomia 2007 © Infonomia.com 2006
  • 38. The Carolina Entrepreneurial Initiative helps UNC students, faculty and staff learn to transform ideas into sustainable enterprises that create value. www.unc.edu/cei Infonomia 2007 © Infonomia.com 2006 38
  • 39. results ideas mgmt value Infonomia 2007 © Infonomia.com 2006 39
  • 40. resources results value market mgmt ideas product Infonomia 2007 © Infonomia.com 2006 40
  • 41. Now, all management may become innovation management Infonomia 2007 © Infonomia.com 2006 41
  • 42. so much for the theory… Infonomia 2007 © Infonomia.com 2006 42
  • 43. what really happens to the innovator out there? Infonomia 2007 © Infonomia.com 2006 43
  • 45. Infonomia 2007 © Infonomia.com 2006 45
  • 46. what really NEEDS the innovator out there? Infonomia 2007 © Infonomia.com 2006 46
  • 47. Infonomia 2007 © Infonomia.com 2006 47
  • 48. Infonomia 2007 © Infonomia.com 2006 48
  • 49. Infonomia 2007 © Infonomia.com 2006 49
  • 50. results tools skills contacts mgmt ideas value tips Infonomia 2007 © Infonomia.com 2006 50
  • 51. results ideas mgmt value tools to discover opportunities… Infonomia 2007 © Infonomia.com 2006 51
  • 52. discovering problems looking for a solution… Infonomia 2007 © Infonomia.com 2006 52
  • 53. rather than solutions looking for a problem… Infonomia 2007 © Infonomia.com 2006 53
  • 54. Infonomia 2007 © Infonomia.com 2006 www.leatt-brace.com 54
  • 55. Infonomia 2007 © Infonomia.com 2006 www.leatt-brace.com 55
  • 56. Infonomia 2007 © Infonomia.com 2006 www.leatt-brace.com 56
  • 57. results ideas mgmt value tools for Infonomia 2007 value analysis… © Infonomia.com 2006 57
  • 58. needs approach benefits competitors Infonomia 2007 © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006 Innovation, the five 58
  • 59. Infonomia 2007 © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006 Innovation, the five 59
  • 60. Needs Approach Benefits Competitors Infonomia 2007 © Infonomia.com 2006 disciplines, Carlson & Wilmot, SRI 2006 Innovation, the five 60
  • 61. tools for networking and matchmaking… Infonomia 2007 © Infonomia.com 2006 61
  • 62. composietenteam.nl Infonomia 2007 © Infonomia.com 2006 62
  • 64. www.carriere.es Infonomia 2007 © Infonomia.com 2006 64
  • 65. new energy stems from connecting “free radicals” Infonomia 2007 © Infonomia.com 2006 65
  • 66. Infonomia 2007 © Infonomia.com 2006 66
  • 67. www.demo.com Infonomia 2007 © Infonomia.com 2006 67
  • 68. www.pecha-kucha.org Infonomia 2007 © Infonomia.com 2006 68
  • 69. www.vator.tv Infonomia 2007 © Infonomia.com 2006 69
  • 70. results ideas mgmt value tools for payback management… Infonomia 2007 © Infonomia.com 2006 70
  • 71. Infonomia 2007 © Infonomia.com 2006 71
  • 72. Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006) Infonomia 2007 © Infonomia.com 2006 72
  • 73. Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006) Infonomia 2007 © Infonomia.com 2006 73
  • 74. iridium Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006) Infonomia 2007 © Infonomia.com 2006 74
  • 75. iPod Payback, reaping the rewards of innovation. J.P Andrew & H.L. Sirkin (2006) Infonomia 2007 © Infonomia.com 2006 75
  • 76. conclusions Infonomia 2007 © Infonomia.com 2006 76
  • 77. a different style is coming… Infonomia 2007 © Infonomia.com 2006 77
  • 78. Infonomia 2007 © Infonomia.com 2006 78
  • 79. Infonomia 2007 © Infonomia.com 2006 www.ycombinator.com 79
  • 81. from learning innovation to living innovation Infonomia 2007 © Infonomia.com 2006 81
  • 82. Infonomia 2007 © Infonomia.com 2006 82 www.krabbesholm.dk
  • 83. innovation is innovators… Infonomia 2007 © Infonomia.com 2006 83
  • 84. new critical verbs: find value match Infonomia 2007 © Infonomia.com 2006 84
  • 85. different tracks for different profiles and goals: art, science, social innovation Infonomia 2007 © Infonomia.com 2006 85
  • 86. the context is critical… Infonomia 2007 © Infonomia.com 2006 86
  • 87. Infonomia 2007 © Infonomia.com 2006 87 J.M. Zabala, Expansion 04sep07
  • 88. Infonomia 2007 © Infonomia.com 2006 88
  • 89. we try… Infonomia 2007 © Infonomia.com 2006 89
  • 90. public private open on demand free fee 1 2 3 4 we we we we WATCH FEED you CONNECT you HELP you what’s next smartly to opportunities act upon them DETECTING EXPLAINING CONNECTING PROJECTS Infonomia 2007 © Infonomia.com 2006 90
  • 91. infonomia.com cada día, una idea a new day, a new idea Infonomia 2007 © Infonomia.com 2006 91