Lean Innovation: How to Become an Effective Innovator

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What is innovation? What is "not" innovation? What makes innovation lean? What are the characteristics of an innovator? How can an innovator work within a big company? All these questions are answered in this presentation!

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  • Lean Innovation: How to Become an Effective Innovator

    1. 1. lean innovationhow to become an effective innovator by @ielshareef
    2. 2. I want my innovation back ...
    3. 3. what is innovation?
    4. 4. in·no·va·tion (n.) /ˌinəˈvāSHən/ “There are risks and costs to action. But they are far less than the long range risks of comfortable inaction.” - John F. Kennedy
    5. 5. in·no·va·tion (n.) /ˌinəˈvāSHən/ “If youre not failing every now and again, its a sign youre not doing anything very innovative.” - Woody Allen
    6. 6. in·no·va·tion (n.) /ˌinəˈvāSHən/ “Innovation comes from people meeting up in the hallways or calling each other at 10:30 at night with a new idea.” - Steve Jobs
    7. 7. in·no·va·tion (n.) /ˌinəˈvāSHən/ is not ideation
    8. 8. in·no·va·tion (n.) /ˌinəˈvāSHən/ is not research
    9. 9. in·no·va·tion (n.) /ˌinəˈvāSHən/ is not invention
    10. 10. +
    11. 11. +
    12. 12. +
    13. 13. +
    14. 14. in·no·va·tion (n.) /ˌinəˈvāSHən/ ?!
    15. 15. in·no·va·tion (n.) /ˌinəˈvāSHən/is creativity + execution + biz value + evolution
    16. 16. in·no·va·tion (n.) /ˌinəˈvāSHən/is creativity + execution + biz value + evolution
    17. 17. in·no·va·tion (n.) /ˌinəˈvāSHən/is creativity + execution + biz value + evolution
    18. 18. in·no·va·tion (n.) /ˌinəˈvāSHən/is creativity + execution + biz value + evolution
    19. 19. in·no·va·tion (n.) /ˌinəˈvāSHən/is creativity + execution + biz value + evolution
    20. 20. inventor +innovator
    21. 21. inventor +innovator
    22. 22. in·no·va·tion (n.) /ˌinəˈvāSHən/ so
    23. 23. who is an innovator?
    24. 24. NOT
    25. 25. 1.dreamer
    26. 26. 2.fighter
    27. 27. 3.doer
    28. 28. invention? orinnovation? or both!
    29. 29. - patent-heavy- assumed business value
    30. 30. - patent-heavy- assumed business value- great invention- failed innovation
    31. 31. innovating the lean way.
    32. 32. leanwhat is innovation?
    33. 33. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ is creativity + execution + biz value (?) + evolution
    34. 34. lean in·no·va·tion (n.) /ˌinəˈvāSHən/?? = high uncertainty
    35. 35. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ you think you know what people want but you don’t really know.
    36. 36. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ a series of discovery & failure
    37. 37. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ a series of validated guesses aka hypotheses
    38. 38. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess 1 guess 6 guess 2 guess 7 guess 3 guess 8 guess 4 guess 9 guess 5 ....
    39. 39. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ product has min. features to validate your guess
    40. 40. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess
    41. 41. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP
    42. 42. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP
    43. 43. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess
    44. 44. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess MVP
    45. 45. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess MVP
    46. 46. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess guess MVP
    47. 47. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess guess MVP MVP
    48. 48. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ guess MVP guess guess MVP MVP
    49. 49. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ follow the green path
    50. 50. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ if all guess are invalidated: pivot OR keep going
    51. 51. corporate leaninnovationhas its ownchallenges
    52. 52. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ in the corporate world pros cons
    53. 53. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ in the corporate world pros cons people funding support
    54. 54. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ in the corporate world pros cons people people funding roadmaps support resources
    55. 55. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ in the corporate world time is not on your side
    56. 56. lean in·no·va·tion (n.) /ˌinəˈvāSHən/ in the corporate world know your tools
    57. 57. measure everything
    58. 58. find yourallies
    59. 59. most importantly
    60. 60. one moreimportantthing...
    61. 61. SELL IT
    62. 62. to recap ...
    63. 63. innovation is: vision plus execution plus biz value plus evolution
    64. 64. innovation requires: trust plus learning plus focus plus storytelling
    65. 65. remember
    66. 66. you will fail
    67. 67. you will fail if you don’t .. you’re not innovating
    68. 68. @ielshareef thank you
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