Lecture on innovation management for HPSU's as part of New Frontiers programme.

1. Innovation management
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2. Structure
 Innovation management
 Lens
 Trend watching
 Books
 Exponential
 Guru’s
 Trends
 Techniques
 Sources 2

3. Innovation
 What does innovation mean to you?

4. Innovation management
Context
 Market
 Clients
 Funding
 Business model
 Resources
 Strategy

5. THE LENS
 Values
 Passion
 Vision
 Mission
 Positioning
 Resourcing

6. SPOTCHECK
Level of ongoing product development
 The number of planned new products/services introduced in the next 3 years
 Planned feedback systems
 How systematic is the company's approach to innovation.
Innovation as strategic focus
 The budget made available for innovation
 The management time planned to be spent on innovation.
Involvement of staff
 Promoters' attitude towards staff involvement in innovation/product development
 Planned reward schemes for innovative ideas
 Training.
Portfolio of ideas for product development
 The number of ideas under consideration
 Their stage in the development process
 What action is planned to progress them.
Manager(s) responsible for innovation
 Qualifications
 Experience
 Organisational ability
 Planning ability.

7. TRENDWATCHING
 Look for changes in food, new products, trendy restaurants
 Look at the introduction of new products (failures and successes)
 Changes in wording
 Read science fiction
 Books
 Think changes through into their extremes!!!!

8. OPPORTUNITY?

9. Exponential

10. VUCA GURUS
 Our gurus
 Richard Watson
 Ray Kurzweil
 Jason Silva
 Faith Popcorn
 Chris Anderson
 Jack Black
 Naseem Taleb
 Brian Solis
 Ken Robinson
 Seth Godin
 Brett King
 Kevin Kelly
 Tim Ferris

11. Moore’s law
 Moore’s Law
▪ ICT
▪ Social media
▪ Data
▪ Internet of things
▪ Sensors
▪ Virtual reality
▪ 3D-4D printing
▪ Nano
▪ Genetics
▪ Biology
▪ Physics
▪ Material science
▪ AI
Combination of all of the above!!!

12. Techniques
 Brainstorming
 Attribute listing*
 Who, what, where, when, why, how*
 Mind mapping
 Random words
 Discontinuity/serendipity
 Doodle
 Dream
 Meditate
 Entrepreneurship
 XBOX

13. TOOLS
 Bandwidth
 Constant idea generation
 Passion and purpose
 Technology as an enabler
 Story telling
 Entrepreneurship
 Organisational structure

14. Bandwidth
 TED
 Springwise
 Tech crunch
 Stanford
 MIT
 Singularity University
 LinkedIn
 McKinsey
 Strategy+Business
 Smartbrief
 Books 

15. Innovation management
 Active innovation versus passive innovation
 Ideas portfolio*
 Future proofing
 Anthropology
 Culture
 Serendipity*
 Lenses of provocation*
 Biology
 Role play

16. Innovation management
 What would MacGuyver do
 Move to the fringes*
 People*
 Passion
 Focus
 Let a 1000 flowers bloom
 20% rule
 Co-creation
 Soft balance sheet

17. Innovation management
 Return On Destruction (ROD vs ROI)
 Innovate to kill
 Organisational structure
 Infinitive possibilities*
 Clock speed
 Capability mapping
 Simplify
 Open vs closed
 Wide lens*

18. Innovation management
 Maverick in residence
 Dissenting voices
 Reverse mentoring
 Procrastinate
 Coalition of the willing
 Rookie advantage
 Use of language
 Failure fund*
 Metrics*
 TRIZ

19. Innovation management
 Feeling, seeing, dreaming, making, learning
 Metaskills
 Mastery
 Future vision*
 Constructive controversy
 Sense making
 Purpose
 Design
 Small shocks
 Questioning

20. Digital development lines
• Reality
• Augmented reality
• Physical virtuality
• Mirrored virtuality
• Warped reality
• Alternate reality
• Augmented virtuality
• Virtuality

21. TRIZ
1. Segmentation
2. Extraction
3. Local Quality
4. Asymmetry
5. Combination
6. Universality
7. Nesting
8. Counterweight
9. Prior Counteraction
10. Prior Action
11. Cushion in Advance
12. Equipotentiality
13. Inversion
14. Spheroidality
15. Dynamicity
16. Partial, overdone or
excessive action
17. Moving to a new
dimension
18. Mechanical vibration
19. Periodic action
20. Continuity of useful
action
21. Rushing through
22. Convert harm into
benefit
23. Feedback
24. Mediator
25. Self-service
26. Copying
27. Inexpensive short life
28. Replacement of a
mechanical system
29. Use pneumatic or
hydraulic systems
30. Flexible film or thin
membranes
31. Use of porous
materials
32. Changing the colour
33. Homogeneity
34. Rejecting and
regenerating parts
35. Transforming
physical or chemical
states
36. Phase transition
37. Thermal expansion
38. Use strong oxidisers
39. Inert environment
40. Composite materials