InnovationDavid Stein

TORSTAR HR Learning Day, Oct 13.10

“Innovation distinguishes

between

a leader and a follower”

background

David Steinworkbrain co-founder + chief strategist

rypple co-founder + co-ceo

innovation defined

Innovation meanscreative solutions to real problems

result from study and experimentation

can actually be implemented

rypple innovations

3 areas we innovateProduct

DesignBusiness model

rypple innovations

“Game changing management idea”

Social software that

makes feedback easy

rypple innovations

rypple innovations

Performance reviews suck

rypple innovations

People wanteasy, social, feedback.

rypple innovations

Easyminimal features

no expensive training

quick adoption

rypple innovations

Socialwhat you already do

how you really work

fun to use

how we innovate

Embed innovationprime directive: fail fast, fail hard, fail often

embrace failure but learn from it

autonomy to experiment

how we innovate

Feedback/learning culturecontinuous learning

trust and openness

innovative and agileCompetitive advantage

how we innovate

Lessonsdata keeps things objective (egos are fragile)

anonymous feedback helps avoid bad ideas

revisit experiments periodically & cull

how we innovate

It isn’t for everyone

how we innovate

It is for companies that…move fast, and want to stick around

resources