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Radiant Innovation - Helping You Uncover The Secrets of Everything.

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Radiant Innovation - Helping You Uncover The Secrets of Everything.

  1. 1. © Radiant Innovation Limited 2014
  2. 2. WHAT IS THE POINT OF INNOVATION ? OR CHANGE ? AND ARE THOSE BOTH THE SAME THING ? © Radiant Innovation Limited 2014
  3. 3. THE CONTEXT OF EVERYTHING (1) INVESTORS, FUNDERS, REGULATORS, EXPERTS, EXISTING EMERGING PARENTS … CUSTOMERS SUPPLIERS © Radiant Innovation Limited 2014 COMPETITORS With Acknowledgement to Professor Michael Porter
  4. 4. THE CONTEXT OF EVERYTHING (2) INDIVIDUAL INTERNAL EXTERNAL GROUP COMMUNITY TRIBE ORGANISATION PURPOSES RIGHTS and EXPECTATIONS ENVIRONMENTS AND SYSTEMS REGULATION, CONTROL and SUPPORT BEING - NATURE BEHAVIOURS and RIGHTS NEEDS JOURNEYS AND PATHWAYS Look OUT and AROUND you Look IN TO YOURSELF and ASSESS HONESTLY © Radiant Innovation Limited 2014
  5. 5. STRATEGY AND PLANNING EXECUTION RESULTS / MEASURES © Radiant Innovation Limited 2014
  6. 6. STRATEGY EXECUTION RESULTS / MEASURES MARKET AND CUSTOMER INPUTS MARKET AND CUSTOMER INPUTS WHAT ? WHY ? HOW ? WHO ? WHERE ? WHEN ? © Radiant Innovation Limited 2014
  7. 7. STRATEGY EXECUTION RESULTS / MEASURES MARKET AND CUSTOMER INPUTS MARKET AND CUSTOMER INPUTS EXPERTISE AND REGULATION © Radiant Innovation Limited 2014
  8. 8. STRATEGY EXECUTION RESULTS / MEASURES MARKET AND CUSTOMER INPUTS MARKET AND CUSTOMER INPUTS EXPERTISE AND REGULATION “DYNAMIC” PEOPLE LIKE TO FOCUS HERE … © Radiant Innovation Limited 2014
  9. 9. STRATEGY EXECUTION © Radiant Innovation Limited 2014 RESULTS / MEASURES MARKET AND CUSTOMER INPUTS MARKET AND CUSTOMER INPUTS EXPERTISE AND REGULATION INNOVATION IS KEY HERE … ( ONLY ) … STRATEGY TO ACTION PLANING AND SOME SUB-PROCESSES OF EXECUTION … IT’S ABOUT HOW YOU DO THINGS …
  10. 10. © Radiant Innovation Limited 2014 It’s really the detail of HOW you do things … And maybe a little bit of when, with whom using what tools, techniques and so on, and precisely “where”, with what controls etc. And finding the right balance for all of that … But not WHY. And not how well … ( v. target / v. competition ) That’s with Strategy, Marketing, and Finance …
  11. 11. © Radiant Innovation Limited 2014 EXCEPTION – ENTIRELY NEW PRODUCT LINES - MIGHT BE “WITH” MARKETING For a while, and then MAIN BOARD for APPROVAL, PRODUCTION, SALES AND DISTRIBUTION, etc…
  12. 12. THE DOUBLE FUNNEL OF INNOVATION GENERATE ( MANY ) MORE NEW IDEAS SELECT BEST FEW TO ACTUALLY WORK ON © Radiant Innovation Limited 2014
  13. 13. STRATEGY EXECUTION RESULTS / MEASURES INNOVATION IS KEY HERE … ( ONLY ) © Radiant Innovation Limited 2014
  14. 14. WELL ! SIX THINGS THAT YOU NEED TO BE DOING TO BE INNOVATIVE © Radiant Innovation Limited 2014
  15. 15. “GROUP PERSPECTIVE” BASICS OF INNOVATION REALITY CHECKS – MEASURE ; ASK OPINIONS TRIAL AND ERROR - REPEAT – ( BUT WITH A CLEAR ENOUGH EXIT STRATEGY ) MANY PERSPECTIVES NOT THE SAME OLD, SAME OLD FOCUS AND BUILD UPON THE POSITIVE TAKE APPROPRIATE RISKS CONNECT TO INNOVATE QUESTION ALL ASSUMPTIONS “INDIVIDUAL PERSPECTIVE“ © Radiant Innovation Limited 2014
  16. 16. HEALTH CHECK © Radiant Innovation Limited 2014 - DO PEOPLE HERE REALLY THINK ABOUT DOING THINGS BETTER ? - DO YOU HAVE A CLEAR, VISIBLE WAY TO CAPTURE THEIR IDEAS ? - DO YOU HAVE A WAY TO OBJECTIVELY ASSESS THEM ? - DO YOU HAVE STRUCTURED, BALANCED METHODS TO PRIORITISE WHAT TO REALLY DO ? HOW TO MANAGE THE RISKS ? - DO YOU HAVE STRUCTURED WAYS TO START UP PROJECTS ? - RESOURCE THEM PROPERLY ? People, Tools, Spaces, Cash ? - COMPARE WITH EXTERNAL BEST PRACTICE ? - ABANDON THEM TO PROTECT RESOURCE/ REPUTATION,IF NECESSARY ?
  17. 17. IF YOU SCORE HIGHLY ON ALL OF THESE THINGS, CONSISTENTLY THEN YOU DON’T HAVE A PROBLEM … © Radiant Innovation Limited 2014
  18. 18. A FEW SENSE CHECKS ON THAT THOUGH … - What was your last new product ? - What was your last process change that customers would see ? - What was your last process change that suppliers would see ? - What is your standing relative to competitors ? - What is your standing with investors ? - What could damage / eliminate your industry ? © Radiant Innovation Limited 2014
  19. 19. What we can help you with … © Radiant Innovation Limited 2014 - Promoting innovative attitudes and cultures - Helping people to behave appropriately to support this - Helping relevant key managers to define processes to help manage the innovation diamond - Helping train facilitators to help you do this for real - Help you run some workshops to radically improve your brainstorming/ problem solving - Provide some resources/skills transfer to help your teams do this in future
  20. 20. Thank You http://www.radiantinnovation.wordpress.com/about/ WWW.RADIANTINNOVATION.COM © Radiant Innovation Limited 2014

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