Innovation
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Innovation

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Part of a presentation I recently used on innovation

Part of a presentation I recently used on innovation

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  • This has implications. You have to manage both parts separately. Invention is about brainstorming, wild ideas, and free thinking. Application is about Discipline
  • Bureaucracy: Big is badZero internal marketing: If you build it, they will not comeBad timing: Don’t try to sell the idea when the ship is burning

Innovation Innovation Presentation Transcript

  • INNOVATION
    A Working Man’s Interpretation
  • Innovation: What is it ?
    in·no·va·tion  (n-vshn)n.
    1. The act of introducing something new.
    2. Something newly introduced.
    Dictionary.com
  • Is this Innovative ?
    (It’s certainly new)
  • Showed up at work with self made Iron Man Costume.
    PS: Was asked to go home
    Meet Mr. Wang Kang – Innovator ?
  • Let’s try again !
    “Traditionally, people think innovation is just about creativity, about being able to create ideas. In fact, it’s a very disciplined area. Companies really can manage innovation in the ways that they manage quality.”
    Esther Baldwin, Intel (Quoted in SMR)
  • A Process ? Really ?!
    "Innovation is the multi-stage process whereby organizations transform ideas into improved products, service or processes, in order to advance, compete and differentiate themselves successfully in their marketplace.”
    Baregheh A, Rowley J and Sambrook S.(2009) Towards a multidisciplinary definition of innovation, Management decision, vol. 47, no. 8, pp. 1323–1339
  • It’s really two things
  • Let’s take a detour
  • Competitive Advantage
  • Staying ahead
  • How is it done ?
    Barriers to Innovation
  • The Deadly Enemies of Creativity
  • Success
  • Inertia
  • Caveman R & D
  • Going Solo
  • Mismatched passions
  • Problem Solving
  • The Deadly Sins of Delivery
  • Bureaucracy
  • Broken Innovation Process
  • Internal Selling
  • Impatience
  • NPVs, IRRs, and other Evils
  • Innovation in Telecom
  • Is Telecoms an innovative industry ?
    What happened to
    MMS ?
    Mobile Advertising ?
    WAP Portals ?
    Location based services ?
    Push to talk ?
    Video calling (network based)
    All are there, but none made it to blockbuster status
  • Who ate the Telecom lunch ?
    Why didn’t telecoms get these right ?
    Social Networking / Facebook
    Media Sharing / Youtube, Flickr, blogging
    Geographical service / Foursquare
    Video Calling / Skype
    In each case a new company came along and did better what telecoms had been trying to do
  • farid98@gmail.com
    Thank you