Fostering Innovation in Your Business

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Fostering Innovation is a presentation given by Timothy Allan on how you can apply Innovation into your business.

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Fostering Innovation in Your Business

  1. 1. Creating a Culture of Innovation Fostering Innovation in Your Business
  2. 2. Why should a normal company botherwith Innovation?Why take it on as a core part of yourbusiness?What is Innovation? www.locusresearch.com
  3. 3. Invention discoverInnovation to alter/renew www.locusresearch.com
  4. 4. Think of innovation as a processor structure to make changes tosomething established. www.locusresearch.com
  5. 5. Make it a core part of your businessMake it relevant to your businessMake your team feel it www.locusresearch.com
  6. 6. Research Understanding Insight www.locusresearch.com
  7. 7. Research Understanding Insight Ideas Implementation www.locusresearch.com
  8. 8. Encourage Research & UnderstandingCapture Insights & IdeasProcess & Review IdeasImplement the BestReview & Improve. www.locusresearch.com
  9. 9. Document it & Communicate it www.locusresearch.com
  10. 10. Culture is Key www.locusresearch.com
  11. 11. Research, process & recordEncourage research and understanding www.locusresearch.com
  12. 12. Capture/Ideas/Context www.locusresearch.com
  13. 13. Document review & assess www.locusresearch.com
  14. 14. Steps to Implementation www.locusresearch.com
  15. 15. Practice make perfect www.locusresearch.com
  16. 16. Measures of InnovationCustomer satisfactionMarket expansionEarnings/profit marginsGrowth in revenue from new products/servicesOverall revenue growthEmployee recruitment/retention www.locusresearch.com
  17. 17. Helpful Books & ResourcesBlue Ocean Strategy ReworkThe Accidental Creative The Art of InnovationThinking Fast & Slow Anything by Dan RoamLet My People Go Surfing Wool to Weta (NZ Book)Cradle to Cradle Steve Jobs AutobiographyThe Google Story http://locusresearch.com/bookshop www.locusresearch.com

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