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  • 1.  
  • 2. The Seeds of Innovation Cultivating the Synergy that Fosters New Ideas AUTHOR: Elaine Dundon PUBLISHER: AMACON DATE OF PUBLICATION: 2002 NUMBER OF PAGES: 241 pages Book pic
  • 3.
      • Organizations must become more innovative as markets become more dynamic and competitive.
      • There are several components in fostering innovation in a corporation --- Creative Thinking , Strategic Thinking , and Transformational Thinking .
    THE BIG IDEA
  • 4. Introduction to Innovation Management
      • The Need for Innovation
      • Innovation is composed of four components - creativity , strategy , implementation , and profitability .
      • Three Types of Innovation
        • Efficiency Innovation
        • Evolutionary Innovation
        • Revolutionary Innovation
      • The Seeds of Innovation
        • Creative Thinking
        • Strategic Thinking
        • Transformational Thinking
  • 5.
    • The Nine Step Innovation Process
    • Three key stages in the process:
      • Understanding
        • Gathering information.
        • Clarifying the Real Problem.
        • Setting Innovation Goalposts.
      • Imagination
      • 4. Seeking Stimuli.
      • 5. Uncovering Insights.
      • 6. Identifying Ideas.
      • Action
      • 7. Developing the Innovation Roadmap.
      • 8. Gaining Commitment.
      • 9. Implementing the Innovation Roadmap.
    Introduction to Innovation Management
  • 6.
    • Believe in Creativity
      • Realize that everybody is creative in their own way.
      • To believe in creativity, one must learn to accept failure.
    • Be Curious
      • Creativity thrives on curiosity.
      • A curious mind acknowledges the fact that there are alternative ideas that exist. Curious minds challenge traditions.
    The Seeds of Creative Thinking
  • 7.
    • Discover New Connections
    • Creative Connection Power Tools:
      • Rummaging the Attic
      • Cultivating Obsession
      • Analyzing Frustrations
      • Identifying Gold Standard
      • Adopting and Adapting
      • Combining Ideas
      • Finding Similarities
      • Breaking Down the DNA
      • Listing and Twisting
      • Become a Visual Thinker
    The Seeds of Creative Thinking
  • 8.
    • Evolving From Brainstorming to Innovation Groups
    • Brainstorming poses several challenges:
      • Lack of process.
      • Lack of skilled facilitator.
      • Lack of skilled participants.
      • Listing of rules.
      • No agreement on problem.
      • Lack of stimuli.
      • Pressure to be creative on queue.
      • Pressure to converge quickly.
      • Lack of follow up.
    The Seeds of Creative Thinking
  • 9.
    • See the BIG Picture
    • Elements in seeing the big picture:
      • Systems Thinking
      • Clarifying the Real Problem
      • Setting Innovation Goalposts
      • Five ways to set Innovation Goalposts:
        • Gather information about various angles of the problem
        • Define the real problem
        • Discuss the ideal solution
        • Decide on the type of innovation to implement
        • Pre-determine the strategic idea criteria.
    The Seeds of Strategic Thinking
  • 10.
      • BIG-Picture Criteria:
        • The idea must be simple.
        • The idea must support the overall business strategy.
        • The idea must be distinctly new and better.
        • The idea must be proven.
        • The idea must be profitable.
        • The idea must be quickly implemented.
    • Look Into the Future
    • Imagination focuses on three steps:
      • Seeking Stimuli - Observing and analyzing:
        • Current states of organization’s business.
        • Customer ideas.
        • Existing solutions available within the category.
        • Current benchmarking excellence in their field.
    The Seeds of Strategic Thinking
  • 11.
    • Look Into the Future
      • Uncovering Insights
      • Four key areas where one should delve into in order to gather insights:
        • Customer needs
        • Emerging technology
        • Marketplace
        • Organizational Needs
      • Identifying Ideas
    The Seeds of Strategic Thinking
  • 12.
    • Do the Extraordinary
      • Target the most profitable customers.
      • Offer something distinctly new and better.
      • Set your innovation priorities.
      • Make sure it’s easy.
      • Pick up the pace.
      • Systemize with modules.
      • Profit from the power of branding.
      • Add credibility.
      • Create a magnet work (network that is the most cost-efficient to your organization).
    The Seeds of Strategic Thinking
  • 13.
    • Seek Greater Awareness
      • Seek Greater Awareness of Self
      • The more aware a person is of himself and his environment, the more he is able to take advantage of opportunities to become innovative.
      • Seek Greater Awareness of the Team
      • Barriers in team innovation due to unawareness of these factors:
        • Effect of one’s attitude towards others.
        • Increasing need for more developed social skills.
        • Need for widespread participation in the innovation initiative.
        • Team’s resistance to change.
    The Seeds of Transformational Thinking
  • 14.
      • Seek Greater Awareness of the Organization
      • Most innovative organizations possess these characteristics:
        • encourage all employees, partners and suppliers to take an active role in innovation.
        • welcome new ideas and new approaches.
        • redefine rules of the game and challenge complacent competitors.
        • embrace new technology to strengthen their competitive advantage.
        • employ internal processes that support innovation.
        • allocate resources to find, develop, and implement new ideas.
        • reward innovative efforts.
        • move quickly.
    The Seeds of Transformational Thinking
  • 15.
    • Ignite Passion
      • Passion at the Individual Level
      • Passion is a behavioral manifestation of one’s individuality – one’s life energy.
      • Passion at the Team Level
      • A slated culture lists desired attributes of its team while the real culture recognizes the personalities and behaviors of its members.
      • Passionate Physical Environment
      • A passionate physical environment has energy flowing through it.
    The Seeds of Transformational Thinking
  • 16.
    • Take Action
      • Developing Innovation Roadmaps
      • First categorize ideas according to their feasibility.
      • Gaining Commitment
      • Three processes in encouraging to be more receptive to change or new ideas:
        • Invalidation
        • Creation of guilt or anxiety
        • Creation of psychological safety
      • Implementation of Roadmaps
      • The innovation leader must apply the right pressure until the plan is fully implemented.
      • Passion, Patience, and Perseverance
      • One must be able to pursue innovative ideas without being easily discouraged.
    The Seeds of Transformational Thinking
  • 17.
    • Organizational Innovation
    • The Innovation Systems Architecture Model
      • Shared Innovation Vision and Strategy
      • Innovation Environment Supports
      • Innovation Resource Allocation
      • Innovation Process Networks
      • Innovation Programs
      • Innovation Skills Development
      • Innovation Rewards and Recognition
      • External Stakeholder Innovation (Customers and Partners)
      • The Innovative Organization Assessment: A Holistic Approach
      • Two ways to measure these efforts:
      • Innovation output
      • Innovation throughput
    The Seeds of Transformational Thinking
  • 18.
    • A common misconception about innovation is that it is synonymous to creativity.
    • Creativity is just a component of innovation; strategy and implementation are also important in the innovation process.
    • The integration of these three seeds of innovation - creative thinking , strategic thinking , and transformational thinking -are all essential and must be practiced by all members of the company in order to achieve success and become an innovative organization.
    Conclusion
  • 19. BusinessSummaries.com is a business book Summaries service. Every week, it sends out to subscribers a 9- to 12-page summary of a best-selling business book chosen from among the hundreds of books printed out in the United States. For more information, please go to http://www.bizsum.com. ABOUT BUSINESSSUMMARIES