4. *
*Original Question “Everyone has some notion of
what the Innovation Journey is like, and they
are not sure what they should expect.”
*The Correct Question - “If we analyse 100+
Innovation(s) and break up their
Workflows/Journey into parts and tag and
histogram them… we will be able to draw a
mental model of the Innovation Workflow…
Allow me to show you.”
6. *
Foundation Pre-Idea Imagination
- Idea
Projection
Creativity -
Idea
Manifestation
Innovation
Leverage
Ecosystem &
Pre-Work
Purpose &
Questions
Quality Benefit (Delivering) Value
7. *
1. Foundation: Status Quo, Supporting work (5-15years)
2. Pre-Idea: Purpose, Questions, Chutzpah, Shastrartha, Needs, Necessity, Problems,
Pain, Timing, Competitors
3. Heretics, Delinquents, Radical’s, Silent Revolutionaries
4. Blind, Shooting in the dark, Mistakes, Failures, Guts, Instincts, Intuition, Accidents,
Curiosity, Creative, Derivative, Experimentation, Clarity, Ambiguity
5. Alternatives , Hit & Trial, Trying, Testing, Choice Multiplicity, Selection, Discarding,
Re-Selection, Baby Steps
6. Learning, Unlearning & Relearning
7. Betting or Changing Course
8. Hit the Doldrums, Put on the backburner, Deprioritize, Situation or the World
Changes, Resume
9. Discipline, Rigor, Autonomy, Mindset, Incremental & Iterative, Agility
10. Sociology, Change (& Survival Wars), Consensus
8. *
11. Passion, Drive, Expression, Self Promotion, Messaging, Announce, Perseverance, or
Burnout
12. Poverty, Misery, Paradox, Confusion, Complexity, Simplification, Structure,
Depression, Desperation, Harassment, Rejection, Unhappiness, Barriers, Politics,
Whimsicality,
13. Economics – Of Creation and of Business Operations, Resources, Prospects/Returns,
Risks
14. Failure, Costs, Survival, Lost Opportunities, Ray of Hope, Sponsor, Budget, Critical
Mass
15. Diffusion, Transmission, Replication, Scaling, Multiplier Effect and/or Disruption
16. Knowing in your mind you have already won, its just a matter of time!!!
17. Success, Glorification, Anecdotes, Stories, Vision Articulation, Born Genius's,
Hyperbole!!!
18. Teach, Mentor, Coach, Preach, Write, Speak, Profess, Guide
19. Capitalize in any and every way possible
20. Followers grow. Religious Worshipping Starts!!!
*** Top Attributes from a Statistical Analysis of 100’s of Innovations in History
9. *
* Faster - Delivery of Value
* Better - Delivery of Value
* Fill a void in the ValueNet
* Geography,
* Visibility,
* Availability,
* Choices,
* Experience,
* Perception,
* Rationality,
* Preference
* …
* This arbitrage opportunity is why Startups Exist!
10. *
* Innovation is an Orchestration of
* Novelty
* Agility
* Problem Space
* Ideas
* Delivery Mechanisms
* Execution
* Learning
* Knowledge and Capability
* Resources
* Possible Impact & Utility
* Economy - regulations, barriers, protection, policies, regulations, patents
* Economics & Finance - viability, costs, profitability, margins, returns...
* Product and/or Service
* Business models
* Process
* Technology – feasibility
* Experience
* Complimentary Assets
* Market - size, maturity stage
* Changes in any of the above can trigger a Dormant Infeasible Innovation into a Ready & Viable Innovation
* The Timing Of Innovation is an important concept to be explored
11. *
*Internal view: capacity economics & risk
pipeline/funnel
*Innovation Health Check: quality, volume and speed of
flow through the Innovation Funnel
*Enablers: iterative and incremental execution,
balanced risk, learning, no personal downside to
failure
*The Process: QBV
*Valuation
* By Effort if Results are too far away cannot be easily and
accurately measured, or
* Measure Results if that’s possible