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Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers: how to spend the money the best! Conception of ideas Systematical generation of ideas From idea to business Cases Meetings: send a mail to [email protected]

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Page 1: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

OPPORTUNITY DRIVEN

CREATIVITYAgenda: • Stardust DTU• Assistant teachers: how to spend the money

the best!

• Conception of ideas• Systematical generation of ideas• From idea to business• Cases

Meetings: send a mail to [email protected]

Page 2: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

LAST Mail addresses:Following are returned – unknown:

[email protected][email protected][email protected]

Page 3: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Nothing in this World is stronger than an Idea whose Time has come

(Victor Hugo)

Victor Hugo tells us, that preconditions define the strength of ideas: thus, timing is essential.

Example: industrial revolution: everything is subject to mass production – including sewing – hence Singer invents the needle with the hole in the pointed end; he overcomes a major technical obstacle to mechanical sewing, and conquers the market for sewing machines for a generation.

Page 4: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Ideas seem to Emerge as a Logic Consequence of

Needs (?)

This theorem explains why good ideas seem to pop up simultaneously – when we are ready for them

Example: The telegraph had been around for some years, when Graham Bell submitted his patent application on the telephone, February 14, 1876 – same day as Elisha Gray.

Internet related inventions such as online auctions, matchmaking and dating, telephone, search engines, news, booking, community services etc. etc. pop up in less than a decade – all driven by an enabling telecom infrastructure – just like the telephone followed as a logic consequence of the telegraph.

Page 5: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

It’s the Early Bird that catches the Worm:

A business idea is like a comet – it materializes out of nothingness.

The one that captures it is the one who knows how to detect comets - and is at the look-out all the time

(My own)

I try to emphasize that you do not capture ideas unless you know what to look for.

Identifying ideas with a commercial potential is a skill, which can be developed and enhanced by learning and training!

Page 6: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Elitist View on Creativity:• A rare talent• Unable to be taught• Irrelevant to most employees• An individual process

Developmental View on Creativity:• Available to all• Released through training and development of

personal potential• Within the scope of all jobs• Encouraged or discouraged within groups

according to their climate• Escapes from personal stuckness

Page 7: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Conceiving Ideas• The ”Pain” is recognized:

” What is the Problem?”• Demand is formulated• Solutions occur

Page 8: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

The Engineering Approach

Information

Demand recognition

Problem formulated

FUSION!

Information

Mastering technology

Conceptual solutions

Innovative idea

Innovative idea

Innovative idea Innovative idea

Innovative idea

Innovative idea

Demand Technology

Page 9: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

Ideas are created when the unconscious layers are provoked by the conscious layers not being able to produce solutions to specific urgent problems. (Frustration prevails)

The unconscious layers return myriads of ideas which are filtered in the boundery layers between the conscious and the unconscious

Sigmund Freud 1865 - 1939

Sigmund’s Personality Model

Super Ego

Ego

ID

Unc

onsc

ious

laye

rs

Culture Norms

Rules

Common sense Rationale Logics

Feelings Intuition Impulse Instincts

Cons

ciou

s

laye

rs

Page 10: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Points from Freud’s Personality Model:

TheoremThe sub-conscious layers can be

provoked into generating ideas by being fed with problems

Creativity as related to our objective thus requires:• A correct formulation of the problem• Stimulation (frustration, incentives, frequent

provocation)• An open filter• Time

Page 11: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

An appropriate filter:Keep the mesh open: don’t kill strange ideas

Suitable criteria for filtering, first run:• Address a market in transition and development

• Stay within procurable limits

• There must be a customer with a real pain

• Build upon your personal competencies

• Must be interesting: an idea that you are willing to invest your time and attention in.

• Eccentric, funny and crazy - is OK at this point

Page 12: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

An appropriate filter:Second run: tighten the knots

• Many customers

• Wealthy customers

• A lot of pain

• Bang for the Buck = a real pain-killer

• Niching opportunities: an asset

• Knowledge: an entry barrier

Page 13: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Preconditions that spur Creativity:Personal incentives:

• You desperately want to set up a company• You want your company to become a succes• Hence you need good busines ideas

Preconditions, creating good Business Ideas• Domain knowledge• Business acumen• Training• Systematic diligence• Repetition

Page 14: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

Seven Means to increase Creative Production• Start a company and see what happens

The Job-shop• Use your eyes and phantasy - with a purpose

Inventor and Merchant

• Break out – make a spin-out Find opportunities

in your domain• Be disciplined and productive

one idea per person per day

• Be a spy build on others’

success• The top-down approach

from mega-trends to idea

• The Forest Gump ApproachBe there – be

visible - act

Page 15: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

BREAK

Page 16: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

From Idea to Business IGet to know the marketMichael Porter´s Five Forces is a good entry• The buyers• The suppliers• The competitors• Competition: what is important?• Where are your niches• What strategies will work for you?

• The sleeping Lion• Riding the Tiger• The Trojan Horse• Let Mr. BIG lead you by the hand• Numskull Jack (Klods Hans)• The moving Target

Page 17: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

From Idea to Business IIAssessing your business model:

The early proof of business• Sparring and consultancy• Analysis: rough estimates and calculations• Analysis of market and competitors: use the web• Experimental work

• Technology: a prototype• Response: invite customers to your lab• Market: go out there, speak to customers, set up

collaborative testing. Se how your product really works!

• Plan how to execute – and do it!

Page 18: Institut for Produktion og Ledelse Danmarks Tekniske Universitet John Heebøll VÆKSTHUS+ OPPORTUNITY DRIVEN CREATIVITY Agenda: Stardust DTU Assistant teachers:

Institut for Produktion og LedelseDanmarks Tekniske Universitet

John Heebøll

VÆKSTHUS+

QUESTIONS?