Say 'Yes!' to Innovation

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  1. 1. SAYYES! TOINNOVATION ImagebyJulienTromeurTedChan 2011ThinkingTrendsLLP-Allrightsreserved.
  2. 2. Change is inevitable Growth is optional
  3. 3. WhyInnovate? Becauseitspurposeistocreateacustomer,thebusinessenterprise hastwobasicfunc=ons:Marke=ngandInnova=on. Marke=ngandinnova=onproduceresults; alltherestare'costs.Initssimplestform, Innova=onisimplemen=ngnewideastocreatevalue. PeterDrucker,People&Performance
  4. 4. WhyInnovate? CompeBBon Customersdemand Fallingmarketshare Fallingrevenue Risingcost Productlifecycle MeeBnggovernment standards/regulaBons Createnewmarket Increasemarketshare Improvequality Improveservice Expandproductrange Increaserevenues Enhancebrand MoBvateemployees IncreaseproducBvity
  5. 5. WhatisInnova=on?
  6. 6. Inven=onvs.Innova=onInven@onInnova@on
  7. 7. Innova=onisthe protable implementa=on ofideas
  8. 8. Innova=on& Produc=vity CourtesyofJuliaFreeman-WoolpertRewirefor crea=vity&growthEngineofGrowth
  9. 9. DimensionsofInnova=on Oerings PlaWorm SoluBons Customers CustomerExperience ValueCaptureSawhney,WolcoQandArroniz, 12DierentWaysforCompaniestoInnovate Processes OrganizaBon SupplyChain Presence Networking Brand
  10. 10. Innova=onApproaches Incremental WindowsOS,SonyWalkmanBreakthrough Mouse,WWW,SearchEngineNew-to-the-Market IPhone Disrup=ve KawasakiandHondaMotorcycles
  11. 11. SomeMythsofInnova=on Innova=on beginswith brainstormingInnova=on requirescrea=ve peopleGeraldH.Gaynor,Innova@onbyDesignIndividualsdrive innova=onAninnova=ve processwillprovide theresults
  12. 12. WhoseBusinessisitAnyway? ServiceTeamMarke=ngS! ES SIN BU E ON RY VE SE ITManagementResearchandDevelopmentProductDevelopment
  13. 13. Step1: Denethe OpportunityStep2: Discoverthe IdeasProcessof Innova@onStep4: Demonstratethe Innova=onStep3: Developthe Solu=ons
  14. 14. Letstrythis Whatisthe JobToBeDone inyourorganiza=on?
  15. 15. WhyCompaniesdontInnovate Denytheneed Donthaveresources Dontknowhowto!
  16. 16. Paradoxof Success Peoplefailisthat theirpastandpresent success blindsthemtotheir vulnerabili@es andrendersthemallbut incapableofsustainingthe success thattheyarefornow enjoying JohnONeil,ParadoxofSuccess
  17. 17. Whathappenedtothesecompanies?
  18. 18. Cri=calSuccessFactors Culture Leadership BusinessStructure Resources Customers
  19. 19. LookingBeyond NextGenera@onInnova@on Buildingacustomer- centricculture Buildingbeyonda productorservice Leveragingon borderlesseconomy
  20. 20. SAYYES!TOINNOVATION
  21. 21. Justasenergyisthebasisoflifeitself,andideasthe sourceofinnovaBon,sois!nnovaBonthevitalspark ofallhumanchange,improvementandprogress.
  22. 22. Areweready?
  23. 23. .com nds gtre kin .com thin nds gtre an@ d ch inkin te w.th it ww Vis