Fostering Innovation is a presentation given by Timothy Allan on how you can apply Innovation into your business.

1. Creating a Culture of Innovation
Fostering Innovation in Your Business

2. Why should a normal company bother
with Innovation?
Why take it on as a core part of your
business?
What is Innovation?
www.locusresearch.com

3. Invention discover
Innovation to alter/renew
www.locusresearch.com

4. Think of innovation as a process
or structure to make changes to
something established.
www.locusresearch.com

5. Make it a core part of your business
Make it relevant to your business
Make your team feel it
www.locusresearch.com

6. Research
Understanding
Insight
www.locusresearch.com

7. Research
Understanding
Insight
Ideas
Implementation
www.locusresearch.com

8. Encourage Research & Understanding
Capture Insights & Ideas
Process & Review Ideas
Implement the Best
Review & Improve.
www.locusresearch.com

9. Document it & Communicate it
www.locusresearch.com

10. Culture is Key
www.locusresearch.com

11. Research, process & record
Encourage research and understanding
www.locusresearch.com

12. Capture/Ideas/Context
www.locusresearch.com

13. Document review & assess
www.locusresearch.com

14. Steps to Implementation
www.locusresearch.com

15. Practice make perfect
www.locusresearch.com

16. Measures of Innovation
Customer satisfaction
Market expansion
Earnings/profit margins
Growth in revenue from new products/services
Overall revenue growth
Employee recruitment/retention
www.locusresearch.com

17. Helpful Books & Resources
Blue Ocean Strategy Rework
The Accidental Creative The Art of Innovation
Thinking Fast & Slow Anything by Dan Roam
Let My People Go Surfing Wool to Weta (NZ Book)
Cradle to Cradle Steve Jobs Autobiography
The Google Story
http://locusresearch.com/bookshop
www.locusresearch.com