Innovation

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Part of a presentation I recently used on innovation

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  • This has implications. You have to manage both parts separately. Invention is about brainstorming, wild ideas, and free thinking. Application is about Discipline
  • Bureaucracy: Big is badZero internal marketing: If you build it, they will not comeBad timing: Don’t try to sell the idea when the ship is burning
  • Innovation

    1. 1. INNOVATION<br />A Working Man’s Interpretation<br />
    2. 2. Innovation: What is it ?<br />in·no·va·tion  (n-vshn)n.<br />1. The act of introducing something new.<br />2. Something newly introduced.<br />Dictionary.com<br />
    3. 3. Is this Innovative ?<br />(It’s certainly new)<br />
    4. 4. Showed up at work with self made Iron Man Costume. <br />PS: Was asked to go home<br />Meet Mr. Wang Kang – Innovator ?<br />
    5. 5. Let’s try again !<br />“Traditionally, people think innovation is just about creativity, about being able to create ideas. In fact, it’s a very disciplined area. Companies really can manage innovation in the ways that they manage quality.”<br />Esther Baldwin, Intel (Quoted in SMR)<br />
    6. 6. A Process ? Really ?!<br />"Innovation is the multi-stage process whereby organizations transform ideas into improved products, service or processes, in order to advance, compete and differentiate themselves successfully in their marketplace.”<br />Baregheh A, Rowley J and Sambrook S.(2009) Towards a multidisciplinary definition of innovation, Management decision, vol. 47, no. 8, pp. 1323–1339<br />
    7. 7. It’s really two things<br />
    8. 8. Let’s take a detour<br />
    9. 9. Competitive Advantage<br />
    10. 10. Staying ahead<br />
    11. 11.
    12. 12. How is it done ?<br />Barriers to Innovation<br />
    13. 13. The Deadly Enemies of Creativity<br />
    14. 14. Success<br />
    15. 15. Inertia<br />
    16. 16. Caveman R & D<br />
    17. 17. Going Solo<br />
    18. 18. Mismatched passions<br />
    19. 19. Problem Solving<br />
    20. 20. The Deadly Sins of Delivery<br />
    21. 21. Bureaucracy <br />
    22. 22. Broken Innovation Process<br />
    23. 23. Internal Selling<br />
    24. 24. Impatience<br />
    25. 25. NPVs, IRRs, and other Evils<br />
    26. 26. Innovation in Telecom<br />
    27. 27. Is Telecoms an innovative industry ?<br />What happened to<br />MMS ?<br />Mobile Advertising ?<br />WAP Portals ?<br />Location based services ?<br />Push to talk ?<br />Video calling (network based)<br />All are there, but none made it to blockbuster status<br />
    28. 28. Who ate the Telecom lunch ?<br />Why didn’t telecoms get these right ?<br />Social Networking / Facebook <br />Media Sharing / Youtube, Flickr, blogging<br />Geographical service / Foursquare<br />Video Calling / Skype<br />In each case a new company came along and did better what telecoms had been trying to do<br />
    29. 29.
    30. 30. farid98@gmail.com<br />Thank you<br />

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