This presentation was given at the Innovation Summit in Chicago during October of 2011. The summit was held on the campass of Illinois Institute of Technology.

1. Leadership for
Profitable Innovation
Kathie Topel
Managing Partner/Author
IMPACTinsights
Renaissance EXECUTIVE FORUMS www.impactinsights.com
The Next Level is Closer Than You Think

2. Definition
Something
new or
different
introduced
NOT Invention

3. Hype Cycle of Emerging Technologies, 2010
Leadership Impact
Source : Gartner (2010)

4. PROPERTY OF THE CIO EXECUTIVE COUNCIL - VISIT : COUNCIL.CIO.COM

5. Innovate …..ME???
5

6. Innovation Fear
• I’m not creative enough to innovate
• I’m not qualified to innovate
• My idea might be rejected
• I don’t know how to invent anything
• Where do I get ideas
• What if I can’t think of something new
• Will I have to implement my idea
• Is this part of my performance review 6

7. Innovation Pressure
Frustration Disengagement
Forced Ideas
Push Back
7

9. Key To Innovation Success
COLLABORATION

10. Culture
For
Innovation
Success

11. Maximize Innovation Impact
Step 1 – Definition / Guidelines

12. I
M
P
A
C
T
“Set the guardrails for the future. Identify objectives for
the innovation process to Maximize Impact.”

13. Innovation Quadrants
NEW/NEW X NEXT X
New Offering
Revolutionary
Risk, Value, Differentiation
Evolutionizer Q3 Synthesizer Q4
Existing Offering
X
NEW NEW/NEW
Q1 Evolutionizer Q2
Existing Users New Users
Trust Trust not Established

14. Maximize Innovation Impact
Step 2 - Process

16. Innovation Process Management
Capture Formulate Evaluate Pilot Select Deliver
Innovation Facilitator
Collaborate for Refine Details Form a POC Finalize Strategic Evaluate Develop Sales
Ideas Get Peers team. Company for Success of Pilot Incentive Plan
Brainstorm involved Develop POC Delivery Present Impact Develop
Document Idea Determine Analyze POC for Preliminary Intro to and Value to Marketing Plan
Champion impact and value sales Exec Team Finalize Delivery
Review with Pilot Formal Recruit
Executive Team Develop Delivery Announcement Client Support
Model 16

22. Maximize Innovation Impact
Step 3 – Culture of Collaboration

23. Collaboration Methods

24. Collaboration
 Idea sharing groups. Community of Practice
 Teams of Technicians
 Brainstorm sessions
 Special Interest Groups within Professional
Organizations
 Following Industry Blogs
 Reviewing case studies
 Applying past knowledge to current technology
 Focusing in on a particular area (Example :
Mobile)
 Customers

25.  Organize a group EXAMPLE
 Identify a meeting location that is open and
promotes thought generation
 Identify the client or market (Target) Innovation
 Identify the customer profile now and future for For
(Target)
 Identify industry needs of the (Target) that need Impact
to be met Session
 Identify the competition of the (Target) market
 Identify the technology that we can bring to the
(Target) market EXAMPLE : Cloud, Mobile
 High Power Brainstorming – Saving all ideas
 Mind Mapping Collaboration to assemble ideas
into categories
 Formulate possible solutions – Talk Value
 Enter Idea for Consideration

26. Culture
For
Innovation
Success

27. 1.Everyone understands
Mission, Vision, Brands
and Business Value
2.Understand Risk is
acceptable
3.Determine Type of
Innovation
4.Determine Definition of
Innovation
5.Process to Capture and Act
on Ideas
6.Creative Thinking
7.Sustainable Innovation

28. THANK YOU!!
Questions:
Kathie.Topel@impactinsights.com
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