Leading Innovation<br />How can you encourage your team to innovate?<br />It’s helpful first to be sensitive to what can <br />discourage innovation<br /> <br />A new idea is delicate, it can be killed by a sneer or a yawn; it can be stabbed to death by a quip and <br />worried to death by a frown on the right man’s brow. <br />[Charles Brower]<br /> <br />
Who wants to hear actors talk?<br />HM Warner, Warner Brothers, 1927<br />I think there’s a world market for about five computers<br />Thomas Watson, Chairman of IBM, 1943<br />Computers in the future may weigh no more than 1.5 tons<br />Popular Mechanics, 1949<br />There is no reason anyone would want a computer <br />in their home.<br />Ken Olson, Head of Digital Equipment, 1977<br /> <br />
Victor Kiam was offered a chance to buy Velcro for $25,000<br />but failed to see its potential.<br />Everything that can be invented has been invented<br />Charles Duell, Office of Patents 1899<br />The ‘telephone’ has too many shortcomings to be seriously considered as a means of communication.<br />Western Union Memo 1876<br /> <br />
Factors which enhance the creativity of organisations include –<br /> <br />Innovation is valued & encouraged <br />Results not hours <br />Freedom to experiment & Own projects <br />IP Ownership! <br /> A large number of stimuli e.g. tools & equipment <br />Listen to your employees <br />Hands on/Hands off – End goal <br />Flexible hours. E.g. Friday afternoons @ 3M & 15% & CSL <br />
To innovate, organisations need a high level of communication & networking activity<br />e.g. 2 people working on a similar project & the coffee machine effect.<br />If you are not failing you are not trying and without trying you won’t get new <br />opportunity’s [Muzyka & Churchill 2000]<br />Success is made of 99% failure [James Dyson]<br /> <br />
Companies need to manage the risk –<br /><ul><li> Limit the amount they will lose if the innovation does not work.