David Stein discusses innovation and how his company Rypple innovates. He defines innovation as creative solutions to real problems that result from study and experimentation and can be implemented. Rypple innovates in their product, design, and business model. Their innovations include social software that makes feedback easy and challenges the traditional performance review model. Rypple focuses on innovations being easy, social, and quick to adopt. They embed innovation in their culture by embracing failure as a learning opportunity and allowing autonomy to experiment.

1. Innovation
David Stein
TORSTAR HR Learning Day, Oct 13.10

2. “Innovation distinguishes
between
a leader and a follower”

3. David Stein
workbrain co-founder + chief strategist
rypple co-founder + co-ceo
background

4. Innovation means
creative solutions to real problems
result from study and experimentation
can actually be implemented
innovation defined

5. 3 areas we innovate
Product
Design
Business model
rypple innovations

6. “Game changing management idea”
rypple innovations

7. Social software that
makes feedback easy
rypple innovations

8. Performance reviews suck
rypple innovations

9. People want
easy, social, feedback.
rypple innovations

10. Easy
minimal features
no expensive training
quick adoption
rypple innovations

11. Social
what you already do
how you really work
fun to use
rypple innovations

12. Embed innovation
prime directive: fail fast, fail hard, fail often
embrace failure but learn from it
autonomy to experiment
how we innovate

13. Feedback/learning culture
continuous learning
trust and openness Competitive advantage
innovative and agile
how we innovate

14. Lessons
data keeps things objective (egos are fragile)
anonymous feedback helps avoid bad ideas
revisit experiments periodically & cull
how we innovate

15. It isn’t for everyone
how we innovate

16. It is for companies that…
move fast, and want to stick around
how we innovate

17. resources