Innovation

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This presentation covers the concept of innovation, types of innovation, observations on the pattern of innovation, and innovation development.

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Innovation

  1. 1. Innovation Paul Schumann Glocal Vantage Inc.
  2. 2. Innovation <ul><li>Way to Gain Competitive Advantage </li></ul><ul><li>Innovation Endows Resources With a New Capacity to Create, or it Creates a New Resource </li></ul><ul><li>Innovation is the Result of the Implementation of New Ideas </li></ul><ul><li>Innovation is the Way of Turning Ingenuity Into Realities </li></ul>Glocal Vantage, Inc.
  3. 3. Innovation <ul><li>Innovation Can </li></ul><ul><ul><li>Cause Change </li></ul></ul><ul><ul><li>Exploit Change </li></ul></ul><ul><li>Innovation Can Be </li></ul><ul><ul><li>Accidental </li></ul></ul><ul><ul><li>Systematic </li></ul></ul><ul><li>Systematic Innovation That Exploits Change is Generally the Most Effective </li></ul>Glocal Vantage, Inc.
  4. 4. Class of Innovation Glocal Vantage, Inc. Breakthrough Distinctive Incremental
  5. 5. Glocal Vantage, Inc. Incremental Time Productivity Incremental Incremental Incremental Distinctive Distinctive Breakthrough
  6. 6. Types of Innovation <ul><li>Nature </li></ul><ul><ul><li>Product </li></ul></ul><ul><ul><li>Process </li></ul></ul><ul><ul><li>Procedure </li></ul></ul><ul><li>Class </li></ul><ul><ul><li>Breakthrough </li></ul></ul><ul><ul><li>Distinctive </li></ul></ul><ul><ul><li>Incremental </li></ul></ul>Glocal Vantage, Inc.
  7. 7. Innovation Map Product Process Procedure Incremental Distinctive Breakthrough Glocal Vantage, Inc.
  8. 8. Examples Glocal Vantage, Inc.
  9. 9. Observations <ul><li>It’s the Pattern of Innovation </li></ul><ul><ul><li>Matches Customer Needs </li></ul></ul><ul><ul><li>Provides Competitive Differentiation </li></ul></ul><ul><ul><li>Is Organization Dependent </li></ul></ul><ul><ul><li>Changes Over Time </li></ul></ul><ul><ul><li>Can Anticipate and Delight </li></ul></ul><ul><ul><li>Ultimately Driven by the Culture </li></ul></ul><ul><li>Must Involve Everyone </li></ul>Glocal Vantage, Inc.
  10. 10. Innovation Development <ul><li>Identify a Market </li></ul><ul><li>Discover the Innovation Opportunities and Threats in the Market </li></ul><ul><li>Understand the Innovation Desires of the Stakeholders </li></ul><ul><li>Assess the Innovation Capability and Capacity of the Organization </li></ul>Glocal Vantage, Inc.
  11. 11. Innovation Development (cont.) <ul><li>Create an Innovation Strategy </li></ul><ul><li>Align the Innovation Focus of the Organization Through the Strategy to the Future Market (customers, competition & technology) </li></ul><ul><li>Develop the Organization to Effectively and Efficiently Implement the Strategy </li></ul><ul><li>Utilize a Common Language of Innovation Throughout </li></ul><ul><li>Involve Everyone </li></ul>Glocal Vantage, Inc.
  12. 12. Glocal Vantage, Inc. <ul><li>PO Box 161475 </li></ul><ul><li>Austin, TX 78716 </li></ul><ul><li>(512) 632-6586 </li></ul><ul><li>[email_address] </li></ul><ul><li>www.glocalvantage.com </li></ul><ul><li>http://incollaboration.com </li></ul><ul><li>Twitter: innovant2003 </li></ul>Glocal Vantage, Inc.
  13. 13. Paul Schumann <ul><li>Futurist and innovation consultant </li></ul><ul><li>Application of web 2.0 to market & strategic intelligence systems </li></ul><ul><li>Web 2.0 tools & technologies </li></ul><ul><li>Application of web 2.0 to democratic processes </li></ul><ul><li>Broad perspectives on the future </li></ul><ul><li>Services </li></ul><ul><ul><li>Strategic market research & technology forecasting </li></ul></ul><ul><ul><li>Intelligence systems consulting </li></ul></ul><ul><ul><li>Seminars, webinars & presentations </li></ul></ul>Glocal Vantage, Inc.
  14. 14. This work is licensed under the Creative Commons Attribution license. You may distribute, remix, tweak, and build upon this work, even commercially, as long as you credit me for the original creation as Paul Schumann, Glocal Vantage Inc, www.glocalvantage.com. Glocal Vantage, Inc.

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