Innovation Culture

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    Innovation Culture - Presentation Transcript

    1. Innovation Culture David Weekly, PBwiki Tecnológico de Monterrey August 18, 2008
    2. The Mentality of the Successful Entrepreneur
      • Confidence
        • Knowing you will succeed where others failed.
      • Humility
        • Knowing you have more to learn.
      • Energy
        • The stamina to run a long, hard race & inspire.
      • Insight
        • Through training, seeing what others cannot.
      • Curiosity
        • Wanting to know WHY.
    3. Ideas are Cheap!
      • Innovation: 1% inspiration, 99% perspiration.
        • E=MC^2 doesn’t mean you can make a nuke.
        • Value is execution: EBay, Google, Wikipedia.
      • Don’t hide ideas. Make them valuable.
        • Talking about an idea will help you hone it & make it valuable.
    4.  You’re a Failure! 
      • Most of your ideas will be bad.
      • It will take a lot of hard work to find this out.
      • You will feel bad.
      • You will feel stupid.
    5.  You.
    6.  You’re a Failure! 
      • The key to success in any discipline?
        • Rapid, safe failure
        • Learning how to fall without hurting yourself
        • Learning how to recover from an error
      • You need this in order to train @ 100%!
      • Embracing failure will let you be more aggressive in vetting bad ideas.
        • Which will let you find the good ones.
    7. Expectation Management
      • Paint a very humble picture
        • … then try to knock it out of the park!
      • Exceeding low expectations is great
        • Makes you look & feel like a rockstar.
        • Helps people believe in you.
      • So expect the worst, hope for the best.
    8. Technology Lets You Fail Fast
      • Vetting technology ideas is faster, cheaper, and easier than ever.
      • CPU, storage, RAM, bandwidth = cheap
        • 8gb quad-core: $1600->$1150 in 9 months!
      • Cloud compute & services = easy
      • Rapid-prototype frameworks (Rails, PHP, Python) = fast
    9. Advisers Let You Fail Fast
      • If you need advice, ask for it, from whomever you think is ideal.
      • You don’t need an introduction, just make be clear who you are, what your question is, and why you’re ask them.
      • Make an Advisory Board
      • This is surprisingly effective!
    10. Why Does Silicon Valley Work?
      • Value capability over everything
        • versus your parents, GPA, school…
      • Failure-tolerant culture
        • From Gold Rush days
        • Hard work buys you the right to fail.
      • Hippy culture
        • Rapid peer distribution of best practices
        • Lack of formalism in peer connectivity
    11. Steal Those Good Ideas!
      • Practice Meritocracy
      • Embrace Failure
      • Connect with Others
        • Facebook, LinkedIn, Hi5, Twitter, your blog
        • Read others’ FriendFeeds, blogs
        • Create meetups to get to know others nearby
    12.  
    13. Guide to this Talk
      • Start an innovative business.
      • Build a culture of innovation.
      • Profit!
    14.  
    15. Tips for Innovative Cultures
      • Work should be fun!
        • Helps retention
        • People work harder!
        • That’s when the best work gets done.
      • Focus on results.
        • Office hours, dress code, working location?
        • Four Hour Work Week & Getting Things Done
        • Encourage vigorous experimentation with internal processes, backed by data.
          • Offsite? (To Thailand?)
          • Does your team work better in cubes or offices?
    16. Avoid Mediocrity
      • Bad people are easy to toss out, okay ones are very, very difficult.
      • A-listers hire A, B-listers hire C.
      • Great people attract great people!
        • 100x performance from good coders.
      • Hire people who are smarter than you.
    17. Avoid Mediocrity
      • Be comfortable firing people.
      • Set clear performance requirements.
      • Shouldn’t be a surprise.
      • This is good for them.
    18. Avoid Mediocrity
      • Learn how to spot Good People
        • Confidence + Humility + Energy + Insight + Curiosity
        • People who do useful things for fun .
      • Stick with them / stay in touch!
        • …even if you can’t hire them right now.
    19. Build a Thriving Culture
      • Focus on making users happy.
      • Collect good ideas from everyone
        • A PBwiki is a good way to do this. 
      • Encourage respectful dissent
        • “ Yes” people contribute nothing.
        • @PBwiki you get fired for not disagreeing!
      • Eat your own dogfood!
    20. Build a Thriving Culture
      • Can young people have good ideas?
        • Most big ideas were had before 30.
          • Einstein, Galois, Newton, Nash, Brin+Page, Zuck
      • Can women have good technical ideas?
        • Ada Lovelace – first programmer: 1850!
        • Admiral Grace Hopper – invented the first computer programming language .
      • Can regular workers have good ideas?
        • Why are Toyota & Honda killing Ford & GM?
          • People who build cars have ideas about how to do it better!
    21. Prove Your Success
      • Record Everything.
      • Learn or hire data warehousing.
      • Be careful about explaining away failure or success – almost everything has a reason.
      • If you don’t know why it went up, it will come down just as predictably.
      • Regularly review metrics
        • Even better: success dashboard
    22. Guide to this Talk
      • Found an innovative business.
      • Build a culture of innovation.
      • Profit!
    23. Want a job? Want to give me feedback on this talk? [email_address] http://DavidWeekly.org http://twitter.com/dweekly

    + David WeeklyDavid Weekly, 2 years ago

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    A talk given by David Weekly on 8/18/2008 at Tec de more

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