More Related Content Similar to Towards more innovative industrial sector Similar to Towards more innovative industrial sector (20) More from Jamil AlKhatib (20) 2. Opening Questions
• How can I be an innovator?
• How can I use innovation to grow my
sales and profits?
• How can I convert innovation to JD/$?
• Where do you see potential wasted?
• What are the main barriers to
innovations Jordanian industry face?
Copyrights © 2011 Jamil Alkhatib 2
3. Jamil Alkhatib
• Founder of IBTECAR
• (Innovation, Business, Technology, Entrepreneurship and Creativity for the Arab Region)
• MSc. Technology & Innovation Management
• BSc. Electrical Engineering
• Consulting:
– Change and innovation management
– SME Development
– Technology commercialization
– Product and technology strategy planning
– Early stage venture assistance ideas2market
– Creativity techniques
Copyrights © 2011 Jamil Alkhatib 3
5. Content
• What is innovation and why it matters
• Managing innovations in organizations
• Barriers to Innovation
• Building an innovative organization
• Recommendations
Copyrights © 2011 Jamil Alkhatib 5
9. Innovation & Reputation
Innovation Ranking 2008 Reputation Ranking 2008
Rank Company Country Rank Company Country
1 Apple USA 1 Toyota Motor Japan
2 Google USA 2 Google USA
3 Toyota Motor Japan 3 IKEA Sweden
4 General Electric USA 4 Ferrero Italy
5 Microsoft USA 5 Johnson & Johnson USA
6 Tata Group India 6 Tata Group India
7 Nintendo Japan 7 Kraft Foods USA
8 Procter & Gamble USA 8 Novo Nordisk Denmark
9 Sony Japan 9 Grupo Bimbo Mexico
10 Nokia Finland 10 Mirgos Switzerland
11 Amazon.com USA 11 General Mills USA
12 IBM USA 12 Walt Disney USA
13 Research in Motion Canada 13 Haier Corporation China
14 BMW Germany 14 InfoSys Tech. India
15 Hewlett-Packard USA 15 UPS USA
Source: BusinessWeek, 2008 Source: Reputation Institute, 2008
9
Copyrights © 2011 Jamil Alkhatib
10. Innovation is not Fantasy
It is a must
New emerging markets
Preferred Partnership
Globalized Markets
Changing Customers Behavior
New Technologies
Short Life-cycle
Fund Raising Gaining new customers
Publicity
Attract the best employees/experts
New competitors
Overcoming Recession
Emerging Disrupting Technologies
Brand name
Impress Stake holders
Growth Opportunity
Copyrights © 2011 Jamil Alkhatib 10
13. SO WHAT IS INNOVATION
Copyrights © 2011 Jamil Alkhatib 13
15. Innovation Definition
Innovation 1.0 – idea, product, sell
Problem
Problem Solution
Recognition
Solving
Exploitation Innovation
(Invention)
"Anything that won't sell, I don't want to invent."
Thomas Edison
Copyrights © 2011 Jamil Alkhatib 15
18. A Business Model...
...describes the rationale of how
an organisation creates,
delivers and captures value
• Customers • Infrastructure
• Offer • Financial viability
19. Business Model Canvas
value
key activities customer
proposition
relationships
customer
segments
key partners
cost key revenue
structure channels streams
resources
Copyrights © 2011 Jamil Alkhatib 19
20. Customer Development
Product Development
Concept/ Product Alpha/Beta Launch/1st
Bus. Plan Dev. Test Ship
Innovation 2.0 – idea, share w/ customer, improve, market
test, keep refining the business model (Value)
Copyrights © 2011 Jamil Alkhatib 20
22. What is common to these
Companies
Copyrights © 2011 Jamil Alkhatib 22
24. Open Innovation
• All the best people do not work here
• Is about communication
• Global Shift towards ecosystem
• Every business participate
• Innovation is about more than just products.
• Control or contribution?
• Big corporations can drain a smaller company.
Copyrights © 2011 Jamil Alkhatib 24
25. Innovation 3.0
Idea, collaborate (local/global), test, refine global market test, refine, build
ecosystem (market solutions)
build
Idea refine,
ecosystem
global
collaborate
market test
test refine
Copyrights © 2011 Jamil Alkhatib 25
26. Innovations
Innovation 1.0 – idea, product, sell
Innovation 2.0 – idea, share w/ customer, improve,
market test, keep refining the business model
(Value)
Innovation 3.0 – Idea, collaborate (local/global), test,
refine global market test, refine, build ecosystem
(market solutions)
Copyrights © 2011 Jamil Alkhatib 26
28. Innovation Management
Innovation Management
Invest in Invest in
Innovation Innovation
Hope Expect**
Occasional Regular
Innovative
Success Results 28
Copyrights © 2011 Jamil Alkhatib
29. Innovation Management
Impact
Competitive Advantage
Innovation Management
Quality
Productivity
Time
Today
Copyrights © 2011 Jamil Alkhatib 29
30. So can we really manage
innovations?
Copyrights © 2011 Jamil Alkhatib 30
31. Can innovation be managed?
• Innovation is complex and uncertain process
• Developing of new products is bumpy road
• Problems in creating new business models
• Convincing stakeholders: investors, and staff
• Support of family & friends during process
• Different goals and expectations
• The difference between the lab and the market
Copyrights © 2011 Jamil Alkhatib 31
32. Innovation Management
• Management is not about control or
mechanisms it is about creating the conditions
• On the other hand management of innovation
has to do with resources to be committed and
the decisions to be taken and coordination
among players Copyrights © 2011 Jamil Alkhatib 32
33. Innovation Management
Dimensions
Structure “Successful innovation
requires
choosing, building, and
preparing the right
organization and the right
people for executing and
People
Innovation
Process scaling the innovation.”
Mgmt
Clayton M. Cristensen & Tara
Donavan
Strategy
Copyrights © 2011 Jamil Alkhatib 33
35. Process Characteristic
Efficiency / Order
Creativity/ Chaos
Copyrights © 2011 Jamil Alkhatib 35
Adopted from Ebner and Walti
36. Innovation Process
Copyrights © 2011 Jamil Alkhatib 36
Source: http://www.jpb.com/innovation/index.php
39. Traditional Arguments
• “This stuff doesn’t work in the real world…”
• “We don’t have time to mess with this theoretical
stuff…”
• “No one will buy it”
• “Our business is fine we do not need to change”
• “Too Risky Investment”
• “We do not know what might happen”
Copyrights © 2011 Jamil Alkhatib 39
40. Innovation Resistance
Novelty and
Resistance are
two sides of the
Coin
Copyrights © 2011 Jamil Alkhatib 40
41. Creative Thinking
http://www.yout
ube.com/w
atch?v=xXr
IoF-
sVi8&NR=
1
• IBM I Man
Yelling
Copyrights © 2011 Jamil Alkhatib 41
42. Innovation Culture
Engagement
Humor Ideas
Innovation
Risk Freedom
Culture
Copyrights © 2011 Jamil Alkhatib 42
43. Risk Taking
“Success is a lousy teacher. It seduces
smart people into thinking they can’t lose”
Bill Gates
“If you're not failing every now and again,
it's a sign you're not doing anything very
innovative.”
Woody Allen
Copyrights © 2011 Jamil Alkhatib 43
44. Freedom
• Google engineers are required to allocate
20 percent of their time working on any
project idea of their choosing
• 3M's “Friday time” or 15% of their time to
pursue independent projects
Copyrights © 2011 Jamil Alkhatib 44
45. Innovation Barriers
Can not Not
Do Willing
Do not Not
Know Allowed
Innovation
Barriers
Copyrights © 2011 Jamil Alkhatib 45
46. Innovation Barriers –
looking for solutions….
• Cash – it takes $ for inventions & products
• Time – of the inventor and team
• Test bed – objective lab for feedback
• Market – where the real answers are
• Founder’s financial stability – innovation
takes time to become $$ so part time job or?
• Problem – good innovations solve problems
• Sales – start local grow regional/global
Copyrights © 2011 Jamil Alkhatib 46
48. Innovation
• Innovation is the ability to respond to
changes in the environment and
• Learn to adapt
• You can not develop your business model
alone,
• You can only with the feedback of
customers
Copyrights © 2011 Jamil Alkhatib 48
49. Recommendation to the
managers
• Commitment to innovation
• Lean approach (utilize what we have and
continue building on it)
• Hire infected people
• be crappy and ship as soon as you can
• Kill the cash cows
Copyrights © 2011 Jamil Alkhatib 49
50. Recommendations to
the staff (innovators)
• Put the company first
• Stay under the radar
• Seek forgiveness (if it comes to this), not
permission.
• Collect and share data
• Remember you will get in trouble if you
are a good innovator
• Be ready for success
Copyrights © 2011 Jamil Alkhatib 50
51. Innovation is all about…
People
Managers
People
Customers People
Employees
Innovation
Innovation
Copyrights © 2011 Jamil Alkhatib 51
52. Thank You
www.ibtecar.me
http://www.ibtecar.me
http://ibtecar.blogspot.com/
http:// www.slideshare.net/jamilkhatib
Copyrights © 2011 Jamil Alkhatib 52
Editor's Notes - Story: Problem Identification- Story: Innovation / Change http://www.15inno.com/2009/10/07/sme/ Innovations are done now using Trial and Errors Photo: http://www.harvardbusinessmanager.de/heft/artikel/grossbild-599698-1403271.htmlhttps://www.harvardbusinessmanager.de/heft/artikel/grossbild-599549-1403241.html - Culture of Accepting failures - Organizations doing well may not able to innovateRemember:Success truly is the result of good judgment. Good judgment in the result of experience, and experience is often the result of bad judgment.
