Digital Identity is Under Attack: FIDO Paris Seminar.pptx
Five ways to ruin your innovation process
1. FIVE WAYS TO RUIN YOUR
INNOVATION PROCESS
For additional information about Innovation
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There are many ways that companies unknowingly sabotage their own
innovation process.
When there are so many external challenges already, making sure that
you have a good innovation process that you maximize will provide the
best results.
Here are five ways to ruin your innovation process and what you can do
to change turn them around.
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1. INNOVATION IS TOO EPISODIC
Innovation requires consistent resources and working the process. Too
many companies get excited about implementing new innovative ideas
that end up failing because they don’t have a great innovation process
to ensure their success.
This method rarely produces good innovations and usually serves to
waste resources that could have been used to test and innovate
effectively within a good innovation process.
By setting a regular budget and working it into the regular workflow,
sparks of innovation will occur as a regular part of business.
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2. RESOURCES DON’T FLOW THROUGH THE
INNOVATION PROCESS
In most organizations the resources flow to the most powerful
departments and the innovation process usually doesn’t get the regular
resources that it requires.
By feeding the innovation process and realizing that not every
implementation is going to be successful your innovation process will
improve over time and eventually be able to innovate solutions on
demand.
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3. YOU’RE TRYING TO FIT INNOVATION INTO THE
OLD STRUCTURE
Most large organizations have habits, just as people do, and they tend
to resist change.
When businesses just try to apply innovation processes to the
structures that they have in place, they often don’t work as intended.
Instead a different approach needs to be taken where the innovation
process takes the status quo and looks to turn it on its head. Innovate
and iterate on the process and people often.
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4. TOO LITTLE DIVERSITY OF THOUGHT; NOT
ENOUGH CREATIVITY
Too many organizations try to implement an innovation process with
just a few key creative team members, while ignoring the creative
capacity of everyone around the company.
Every staff member is a source of creativity and you shouldn’t stop
there. By looking to your customers and competitors for inspiration and
data for your innovation process you have an endless supply of ideas to
test through the process and will find a winner sooner or later.
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5. TREATING ASSUMPTIONS LIKE KNOWLEDGE
The assumptions that people make, even based on the best
intelligence, are rarely how an innovation or process work out in the
real world.
Being too assumptive with the process causes organizations to rely on
their instincts instead of the data.
Changing the innovation process to operate off of data and testing the
assumptions often will yield the best results and prevent the
consequence of being caught off-guard when an innovation doesn’t go
according to plan.
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8. GROWING BUSINESS WITH INNOVATION
For additional information about Business Innovation
please visit www.InnovationGrow.com