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Innovation 101 Workshop

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An introductory workshop on innovation delivered on May 19 2103 to Bedaya Center, Doha, Qatar. The objective was to explore the understanding of innovation using stories, examples and interactive exercises. The workshop was a great success and received excellent reviews filled by the attendees.

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Innovation 101 Workshop

  1. 1. Emad SaifProperty of Emad Saif© 2013101Presented to:
  2. 2. INNOVATIONINNOVATIONMythsImportance
  3. 3. WHAT ISINNOVATION
  4. 4. Something NewEconomic GrowthInventorsEntrepreneursTechnologyResearchCreating ValueIdeasMoney$COOL!Products&ServicesBIG COMPANIESArtCulture
  5. 5. “Implementing newideas that createvalue”INNOVATION is …- Innovation Network, USA
  6. 6. So how isINVENTION ?INNOVATIONdifferent than
  7. 7. INVENTIONCreatingsomething new(i.e. product/service)INNOVATIONPlacing product/servicein a new contextto create valueCycles
  8. 8. Example The Story of the Zipper• Elias Howe Patent for “AutomaticContinuous Clothing Closure”• Focused on sewing machine invention1851• Sundbäck received patent for "SeparableFastener” & manufactured at UFC• B. F. Goodrich Company used it on itsrubber boots & tobacco pouches• Renamed the device “Zipper”1917• Defeated the “button” forpromoting self-reliance forchildren & ease of use• Zipper started being used inclothes & fashion1937• Became a standard in clothing,luggage & leather goods• Most recent innovation ofzippers opens from both endsToday• Judson invented “Clasp Lockers”• Walker, a business man helped him build “Universal FastenerCompany” (UFC) & Judson improves design to “C-curity”1893
  9. 9. Forms of InnovationProductProcessServiceValueBusinessModelMarket
  10. 10. Types of InnovationNew MarketExisting MarketExistingTechnologyNewTechnologyIncremental/SustainingInnovationDisruptiveInnovationDisruptiveInnovationBreakthroughInnovationMARKETTECHNOLOGY
  11. 11. IMPORTANCEOFINNOVATION
  12. 12. Economic GrowthInnovation creates economic growth
  13. 13. Creates better products & services
  14. 14. Increases productivity & lowers cost
  15. 15. Improves quality of life
  16. 16. Reduces waste in the environment
  17. 17. Explores new possibilities
  18. 18. Engages employees & unleashes creativity
  19. 19. Incubators&Accelerators&InnovationCentres
  20. 20. GROUP EXERCISE
  21. 21. INNOVATE the PIZZA!ProductBusiness ModelValueMarketServicesProcessInnovate your pizza business using any form(s) of innovationHow it generatesrevenue?What’s the idea &form(s) of innovation?What value is addedto customer?1 2 3DELIVERABLES:
  22. 22. COMMON MYTHSABOUTINNOVATION
  23. 23. MYTH #1: Moment of Epiphany
  24. 24. Accumulated observations and trial & error
  25. 25. WD-40 =Water displacement40th attempt
  26. 26. MYTH #2: The Lone InventorThomas Edison (1847-1931)
  27. 27. PreviousInventionsChosen HeroInvention from inspiration & collaboration
  28. 28. MYTH #3: Method for Innovation
  29. 29. CUSTOMERSMARKETPROTOTYPESUPPLIERSIDEAINDUSTRY REGULATIONSLUCK TECHNOLOGYFUNDINGINTELLECTUAL PROPERTYMARKETINGINVESTORSTEAMTIMINGInnovation is experimental & non-methodological
  30. 30. MYTH #4: All Innovation is GoodAlfred Nobel (1833-1896)
  31. 31. Safer Explosives in Mining War DestructionInnovation creates value, but to whom?!
  32. 32. MYTH #5: People Love New IdeasGalileo Galilei (1564-1642)
  33. 33. INNOVATIONRejection Adoption• Fear of trying new things• Costly to change• Politics• Time (20+ years)• Early Adopters• Solves their problem• Majority of Users• Proven to workPeople naturally resist change
  34. 34. LESSONSFROMINNOVATION
  35. 35. Innovation offers value tocustomers in return for a reward
  36. 36. Innovation needs collaboration
  37. 37. Innovation takes time
  38. 38. Innovation needs hard work
  39. 39. Innovation faces rejection
  40. 40. Innovation needs love & faith
  41. 41. Innovation brings hope
  42. 42. “Never doubt that a small group of thoughtful,committed people can change the world.”Margaret Mead
  43. 43. THANKYOU!Emad Saifwww.emadsaif.comemadsaif@gmail.comProperty of Emad Saif© 2013

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