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Innovation Team Topic01 3 Innovator Types

Building an Innovation Team: 3 Types of Innovators. Framing Presentation for 12 November 2009 session of #innochat [link in presentation]

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BUILDING AN INNOVATION TEAM

3 TYPES of INNOVATORS

             Julian Keith Loren
              November 2009
     Framing Presentation for #innochat


         http://www.innomgmt.com
 http://www.linkedin.com/in/juliankeithloren
3 TYPES of INNOVATORS




              An innovation team requires innovators.




11/12/2009   ©2009, Innovation Management Institute. All Rights Reserved.                2
3 TYPES of INNOVATORS




             But not all innovators have the same focus …




11/12/2009    ©2009, Innovation Management Institute. All Rights Reserved.                3
3 TYPES of INNOVATORS




                               … or aptitudes.




11/12/2009   ©2009, Innovation Management Institute. All Rights Reserved.                4
3 TYPES of INNOVATORS




             In building strong and effective innovation teams,




11/12/2009      ©2009, Innovation Management Institute. All Rights Reserved.                5
3 TYPES of INNOVATORS




             In building strong and effective innovation teams,




11/12/2009      ©2009, Innovation Management Institute. All Rights Reserved.                6

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Innovation Team Topic01 3 Innovator Types

  • 1. BUILDING AN INNOVATION TEAM 3 TYPES of INNOVATORS Julian Keith Loren November 2009 Framing Presentation for #innochat http://www.innomgmt.com http://www.linkedin.com/in/juliankeithloren
  • 2. 3 TYPES of INNOVATORS An innovation team requires innovators. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 2
  • 3. 3 TYPES of INNOVATORS But not all innovators have the same focus … 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 3
  • 4. 3 TYPES of INNOVATORS … or aptitudes. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 4
  • 5. 3 TYPES of INNOVATORS In building strong and effective innovation teams, 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 5
  • 6. 3 TYPES of INNOVATORS In building strong and effective innovation teams, 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 6
  • 7. 3 TYPES of INNOVATORS I’ve found it beneficial to distinguish between 3 types of innovators. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 7
  • 8. 3 TYPES of INNOVATORS I’ve found it beneficial to distinguish between 3 types of innovators. (Even though some innovators fit more than 1 type) 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 8
  • 9. 3 TYPES of INNOVATORS Type #1: Domain Innovator 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 9
  • 10. 3 TYPES of INNOVATORS Type #1: Domain Innovator • Deep Domain Knowledge 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 10
  • 11. 3 TYPES of INNOVATORS Type #1: Domain Innovator • Deep Domain Knowledge • Aware of the “Devilish Details” 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 11
  • 12. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 12
  • 13. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator • Broad Cross-Domain Knowledge 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 13
  • 14. 3 TYPES of INNOVATORS Type #2: Multi-Disciplinary Innovator • Broad Cross-Domain Knowledge • Aware of the Big Picture Issues 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 14
  • 15. 3 TYPES of INNOVATORS Type #3: Paradigm Innovator 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 15
  • 16. 3 TYPES of INNOVATORS Type #3: Paradigm Innovator • Strategic Vision and Informed Prediction 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 16
  • 17. 3 TYPES of INNOVATORS Type #3: Paradigm Innovator • Strategic Vision and Informed Prediction • Aware of the Potential Risk and Reward 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 17
  • 18. 3 TYPES of INNOVATORS Team for complex, large-scale innovation initiatives: 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 18
  • 19. 3 TYPES of INNOVATORS Team for complex, large-scale innovation initiatives: Many Domain Innovators (from different domains) 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 19
  • 20. 3 TYPES of INNOVATORS Team for complex, large-scale innovation initiatives: Many Domain Innovators (from different domains) Several Multi-Disciplinary Innovators 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 20
  • 21. 3 TYPES of INNOVATORS Team for complex, large-scale innovation initiatives: Many Domain Innovators (from different domains) Several Multi-Disciplinary Innovators One Paradigm Innovator 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 21
  • 22. 3 TYPES of INNOVATORS Contributions: 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 22
  • 23. 3 TYPES of INNOVATORS Contributions: Domain Innovators: Product, Service, and Technology Innovation 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 23
  • 24. 3 TYPES of INNOVATORS Contributions: Domain Innovators: Product, Service, and Technology Innovation Multi-Disciplinary Innovators: Business Model and Process Innovation 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 24
  • 25. 3 TYPES of INNOVATORS Contributions: Domain Innovators: Product, Service, and Technology Innovation Multi-Disciplinary Innovators: Business Model and Process Innovation Paradigm Innovator: Industry Model and Paradigm Innovation Disruptive Innovation Goals / “Blue Oceans” 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 25
  • 26. 3 TYPES of INNOVATORS Contributions: Domain Innovators: Product, Service, and Technology Innovation Multi-Disciplinary Innovators: Business Model and Process Innovation Paradigm Innovator: Industry Model and Paradigm Innovation Disruptive Innovation Goals / “Blue Oceans” 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 26
  • 27. 3 TYPES of INNOVATORS Practical Tip #2: Present Some Complex Design Problems 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 27
  • 28. 3 TYPES of INNOVATORS Practical Tip #2: Present Some Complex Design Problems Domain Innovators Will answer the question creatively. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 28
  • 29. 3 TYPES of INNOVATORS Practical Tip #2: Present Some Complex Design Problems Domain Innovators Will answer the question creatively. Multi-Disciplinary Innovators Will question the question, or ask for clarification. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 29
  • 30. 3 TYPES of INNOVATORS Practical Tip #2: Present Some Complex Design Problems Domain Innovators Will answer the question creatively. c Multi-Disciplinary Innovators Will question the question, or ask for clarification. Paradigm Innovator: Will question the assumptions underlying the question. (Which is why you only want one of them on your team) 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 30
  • 31. 3 TYPES of INNOVATORS There are many other important factors for Innovation Team-Building 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 31
  • 32. 3 TYPES of INNOVATORS There are many other important factors for Innovation Team-Building But balancing the 3 innovator types in your team, 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 32
  • 33. 3 TYPES of INNOVATORS There are many other important factors for Innovation Team-Building But balancing the 3 innovator types in your team, Is a vital factor which is often missed. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 33
  • 34. 3 TYPES of INNOVATORS There are many other important factors for Innovation Team-Building But balancing the 3 innovator types in your team, Is a vital factor which is often missed. To discuss why it matters, please join #innochat on Thursday, November 12, 2009 at 12PM Eastern. 11/12/2009 ©2009, Innovation Management Institute. All Rights Reserved. 34
  • 35. 3 TYPES of INNOVATORS BRAIN-DUMP SLIDE: OTHER FACTORS A few additional factors to consider when putting together an innovation team: 1. Team Breadth: Having Differing Disciplines + Perspectives Represented. 2. Beyond the Core Team: Identifying and Engaging Liaisons + Critics. 3. Balancing Mandates: Dealing with the Tensions Between Operational Mandates (Stability, Reliability) and Innovation Mandates (Change, Differentiation). [Some team members may have both mandates!] 4. Pride Investment Portfolio: Sharing a Focus on the Team and the Result [Introduced in this Presentation: http://bit.ly/prideip ] 5. Real Elements of Innovator Compensation: Scope of Innovation’s Impact may trump Salary. 6. When Neither “Generalist” nor “Specialist” Fits: The Top Innovator’s Expertise at being an Expert. I’m working on a book on Innovation Teams & Culture that covers these topics and more. If you’d you like to contribute, or have interest in peer reviewing chapters, please let me know! jkl@innomgmt.com 11/12/2009 © 2009, Innovation Management Institute. All Rights Reserved. 35