Innovation management

Strategy Crowd
Strategy CrowdInnovation and strategy specialist, business book geek, speaker, writer, maverick, CEO of Bookbuzz and co-founder of SBC
Innovation management
@orangemanta
+353-85-1006307
Structure
 Innovation management
 Lens
 Trend watching
 Books
 Exponential
 Guru’s
 Trends
 Techniques
 Sources 2
Innovation
 What does innovation mean to you?
Innovation management
Context
 Market
 Clients
 Funding
 Business model
 Resources
 Strategy
THE LENS
 Values
 Passion
 Vision
 Mission
 Positioning
 Resourcing
SPOTCHECK
Level of ongoing product development
 The number of planned new products/services introduced in the next 3 years
 Planned feedback systems
 How systematic is the company's approach to innovation.
Innovation as strategic focus
 The budget made available for innovation
 The management time planned to be spent on innovation.
Involvement of staff
 Promoters' attitude towards staff involvement in innovation/product development
 Planned reward schemes for innovative ideas
 Training.
Portfolio of ideas for product development
 The number of ideas under consideration
 Their stage in the development process
 What action is planned to progress them.
Manager(s) responsible for innovation
 Qualifications
 Experience
 Organisational ability
 Planning ability.
TRENDWATCHING
 Look for changes in food, new products, trendy restaurants
 Look at the introduction of new products (failures and successes)
 Changes in wording
 Read science fiction
 Books
 Think changes through into their extremes!!!!
OPPORTUNITY?
Exponential
VUCA GURUS
 Our gurus
 Richard Watson
 Ray Kurzweil
 Jason Silva
 Faith Popcorn
 Chris Anderson
 Jack Black
 Naseem Taleb
 Brian Solis
 Ken Robinson
 Seth Godin
 Brett King
 Kevin Kelly
 Tim Ferris
Moore’s law
 Moore’s Law
▪ ICT
▪ Social media
▪ Data
▪ Internet of things
▪ Sensors
▪ Virtual reality
▪ 3D-4D printing
▪ Nano
▪ Genetics
▪ Biology
▪ Physics
▪ Material science
▪ AI
Combination of all of the above!!!
Techniques
 Brainstorming
 Attribute listing*
 Who, what, where, when, why, how*
 Mind mapping
 Random words
 Discontinuity/serendipity
 Doodle
 Dream
 Meditate
 Entrepreneurship
 XBOX
TOOLS
 Bandwidth
 Constant idea generation
 Passion and purpose
 Technology as an enabler
 Story telling
 Entrepreneurship
 Organisational structure
Bandwidth
 TED
 Springwise
 Tech crunch
 Stanford
 MIT
 Singularity University
 LinkedIn
 McKinsey
 Strategy+Business
 Smartbrief
 Books 
Innovation management
 Active innovation versus passive innovation
 Ideas portfolio*
 Future proofing
 Anthropology
 Culture
 Serendipity*
 Lenses of provocation*
 Biology
 Role play
Innovation management
 What would MacGuyver do
 Move to the fringes*
 People*
 Passion
 Focus
 Let a 1000 flowers bloom
 20% rule
 Co-creation
 Soft balance sheet
Innovation management
 Return On Destruction (ROD vs ROI)
 Innovate to kill
 Organisational structure
 Infinitive possibilities*
 Clock speed
 Capability mapping
 Simplify
 Open vs closed
 Wide lens*
Innovation management
 Maverick in residence
 Dissenting voices
 Reverse mentoring
 Procrastinate
 Coalition of the willing
 Rookie advantage
 Use of language
 Failure fund*
 Metrics*
 TRIZ
Innovation management
 Feeling, seeing, dreaming, making, learning
 Metaskills
 Mastery
 Future vision*
 Constructive controversy
 Sense making
 Purpose
 Design
 Small shocks
 Questioning
Digital development lines
• Reality
• Augmented reality
• Physical virtuality
• Mirrored virtuality
• Warped reality
• Alternate reality
• Augmented virtuality
• Virtuality
TRIZ
1. Segmentation
2. Extraction
3. Local Quality
4. Asymmetry
5. Combination
6. Universality
7. Nesting
8. Counterweight
9. Prior Counteraction
10. Prior Action
11. Cushion in Advance
12. Equipotentiality
13. Inversion
14. Spheroidality
15. Dynamicity
16. Partial, overdone or
excessive action
17. Moving to a new
dimension
18. Mechanical vibration
19. Periodic action
20. Continuity of useful
action
21. Rushing through
22. Convert harm into
benefit
23. Feedback
24. Mediator
25. Self-service
26. Copying
27. Inexpensive short life
28. Replacement of a
mechanical system
29. Use pneumatic or
hydraulic systems
30. Flexible film or thin
membranes
31. Use of porous
materials
32. Changing the colour
33. Homogeneity
34. Rejecting and
regenerating parts
35. Transforming
physical or chemical
states
36. Phase transition
37. Thermal expansion
38. Use strong oxidisers
39. Inert environment
40. Composite materials
1 of 21

Recommended

Innovation management by
Innovation managementInnovation management
Innovation managementDeepika Malhotra
113.1K views31 slides
Innovation Mangement by
Innovation MangementInnovation Mangement
Innovation MangementVikas Luthra
782 views29 slides
Innovation management by
Innovation managementInnovation management
Innovation managementiiciebusiness
1.2K views14 slides
What is Innovation Management? by
What is Innovation Management? What is Innovation Management?
What is Innovation Management? Mindjet
4.2K views15 slides
Innovation process & models by
Innovation process & modelsInnovation process & models
Innovation process & modelsVijayKrKhurana
137.8K views37 slides
Why innovation is important to business success by
Why innovation is important to business successWhy innovation is important to business success
Why innovation is important to business successFrank Reynold
1.5K views3 slides

More Related Content

What's hot

Innovation management by
Innovation managementInnovation management
Innovation managementVijayKrKhurana
11.6K views32 slides
Creativity and Innovation by
Creativity and InnovationCreativity and Innovation
Creativity and InnovationSharifah Nur Syahidah Aljufree
6.7K views25 slides
Invention vs Innovation by
Invention vs InnovationInvention vs Innovation
Invention vs InnovationTrina Desuyo
15.6K views24 slides
The Concept of Innovation and Innovation Management by
The Concept of Innovation and Innovation ManagementThe Concept of Innovation and Innovation Management
The Concept of Innovation and Innovation ManagementNadia Lushchak
8.6K views22 slides
Creating an Innovation Strategy by
Creating an Innovation Strategy Creating an Innovation Strategy
Creating an Innovation Strategy Arikrishnan Subramanian
3.2K views22 slides

What's hot(20)

Invention vs Innovation by Trina Desuyo
Invention vs InnovationInvention vs Innovation
Invention vs Innovation
Trina Desuyo15.6K views
The Concept of Innovation and Innovation Management by Nadia Lushchak
The Concept of Innovation and Innovation ManagementThe Concept of Innovation and Innovation Management
The Concept of Innovation and Innovation Management
Nadia Lushchak8.6K views
Innovation and Entrepreneurship by Alar Kolk
Innovation and EntrepreneurshipInnovation and Entrepreneurship
Innovation and Entrepreneurship
Alar Kolk16.5K views
2016 - 1. The concept of Innovation and Innovation Management. The type of in... by Nadia Lushchak
2016 - 1. The concept of Innovation and Innovation Management. The type of in...2016 - 1. The concept of Innovation and Innovation Management. The type of in...
2016 - 1. The concept of Innovation and Innovation Management. The type of in...
Nadia Lushchak3.4K views
Introduction to Innovation by Shameem Ali
Introduction to InnovationIntroduction to Innovation
Introduction to Innovation
Shameem Ali10.1K views
Best Practices for an Effective Innovation Process by Mindjet
Best Practices for an Effective Innovation ProcessBest Practices for an Effective Innovation Process
Best Practices for an Effective Innovation Process
Mindjet5.9K views
Innovation-Reverse innovation by Roy by Divyanshu Roy
Innovation-Reverse innovation by RoyInnovation-Reverse innovation by Roy
Innovation-Reverse innovation by Roy
Divyanshu Roy1K views
Innovation by biya05
InnovationInnovation
Innovation
biya05228 views
Innovation Strategies by Leo Barella
Innovation StrategiesInnovation Strategies
Innovation Strategies
Leo Barella3.5K views
Innovation by i4VC
InnovationInnovation
Innovation
i4VC650 views

Similar to Innovation management

Future proof you by
Future proof you Future proof you
Future proof you Strategy Crowd
490 views20 slides
Creativity and innovation by
Creativity and innovationCreativity and innovation
Creativity and innovationTimothy Holden
758 views57 slides
From idea to start up by
From idea to start upFrom idea to start up
From idea to start upMurray Hunter
2.2K views305 slides
Driving Digital Change by
Driving Digital ChangeDriving Digital Change
Driving Digital ChangeJeroen Spierings
2.2K views51 slides
The Innovation Journey @ ProductTank SG by
The Innovation Journey @ ProductTank SGThe Innovation Journey @ ProductTank SG
The Innovation Journey @ ProductTank SGScott Bales
1.5K views52 slides

Similar to Innovation management(20)

From idea to start up by Murray Hunter
From idea to start upFrom idea to start up
From idea to start up
Murray Hunter2.2K views
The Innovation Journey @ ProductTank SG by Scott Bales
The Innovation Journey @ ProductTank SGThe Innovation Journey @ ProductTank SG
The Innovation Journey @ ProductTank SG
Scott Bales1.5K views
Innomantra viewpoint -The End of CXOs Innovation Peekaboo by Innomantra
Innomantra viewpoint -The End of CXOs Innovation Peekaboo Innomantra viewpoint -The End of CXOs Innovation Peekaboo
Innomantra viewpoint -The End of CXOs Innovation Peekaboo
Innomantra 172 views
HR Trends Update by Tom Haak
HR Trends UpdateHR Trends Update
HR Trends Update
Tom Haak217 views
Introduction To The Killer Innovation Approach Ver 5 by Phil McKinney
Introduction To The Killer Innovation Approach Ver 5Introduction To The Killer Innovation Approach Ver 5
Introduction To The Killer Innovation Approach Ver 5
Phil McKinney9.9K views
Norris Nciia 2009 Pp Ts by the nciia
Norris Nciia 2009 Pp TsNorris Nciia 2009 Pp Ts
Norris Nciia 2009 Pp Ts
the nciia296 views
Innomantra - Create the Future - Product Portfolio 2022 v1.0F by Innomantra
Innomantra - Create the Future - Product Portfolio 2022 v1.0FInnomantra - Create the Future - Product Portfolio 2022 v1.0F
Innomantra - Create the Future - Product Portfolio 2022 v1.0F
Innomantra 130 views
Foresight For Profitable Futures Mark Ostryn by Mark Ostryn
Foresight For Profitable Futures   Mark OstrynForesight For Profitable Futures   Mark Ostryn
Foresight For Profitable Futures Mark Ostryn
Mark Ostryn435 views

More from Strategy Crowd

Climate change as a risk and an opportunity by
Climate change as a risk and an opportunityClimate change as a risk and an opportunity
Climate change as a risk and an opportunityStrategy Crowd
518 views23 slides
Opportunity or threats, innovation do or die by
Opportunity or threats, innovation do or dieOpportunity or threats, innovation do or die
Opportunity or threats, innovation do or dieStrategy Crowd
74 views1 slide
Dublin Climathon Flyer by
Dublin Climathon FlyerDublin Climathon Flyer
Dublin Climathon FlyerStrategy Crowd
87 views2 slides
2 degree catalyst programme by
2 degree catalyst programme2 degree catalyst programme
2 degree catalyst programmeStrategy Crowd
276 views2 slides
Climate launchpad explained by
Climate launchpad explainedClimate launchpad explained
Climate launchpad explainedStrategy Crowd
229 views18 slides
Finding ways to be innovative and creative by
Finding ways to be innovative and creativeFinding ways to be innovative and creative
Finding ways to be innovative and creativeStrategy Crowd
1.5K views11 slides

More from Strategy Crowd(20)

Climate change as a risk and an opportunity by Strategy Crowd
Climate change as a risk and an opportunityClimate change as a risk and an opportunity
Climate change as a risk and an opportunity
Strategy Crowd518 views
Opportunity or threats, innovation do or die by Strategy Crowd
Opportunity or threats, innovation do or dieOpportunity or threats, innovation do or die
Opportunity or threats, innovation do or die
Strategy Crowd74 views
Finding ways to be innovative and creative by Strategy Crowd
Finding ways to be innovative and creativeFinding ways to be innovative and creative
Finding ways to be innovative and creative
Strategy Crowd1.5K views
The business support model is broken by Strategy Crowd
The business support model is brokenThe business support model is broken
The business support model is broken
Strategy Crowd697 views
Future proofing your business by Strategy Crowd
Future proofing your businessFuture proofing your business
Future proofing your business
Strategy Crowd374 views
IMEX presentation Monday 18 May by Strategy Crowd
IMEX presentation Monday 18 MayIMEX presentation Monday 18 May
IMEX presentation Monday 18 May
Strategy Crowd594 views
Strategy and Social media by Strategy Crowd
Strategy and Social media Strategy and Social media
Strategy and Social media
Strategy Crowd620 views
Guest lecture at Trinity University by Strategy Crowd
Guest lecture at Trinity UniversityGuest lecture at Trinity University
Guest lecture at Trinity University
Strategy Crowd430 views
Presentation at start up exhibition 12 October by Strategy Crowd
Presentation at start up exhibition 12 OctoberPresentation at start up exhibition 12 October
Presentation at start up exhibition 12 October
Strategy Crowd426 views

Recently uploaded

Assignment 4: Reporting to Management.pptx by
Assignment 4: Reporting to Management.pptxAssignment 4: Reporting to Management.pptx
Assignment 4: Reporting to Management.pptxBethanyAline
17 views20 slides
Rangell Auto Detailing by
Rangell Auto Detailing Rangell Auto Detailing
Rangell Auto Detailing rangellautodetailing
13 views8 slides
Accounts Class 12 project cash flow statement and ratio analysis by
Accounts Class 12 project cash flow statement and ratio analysisAccounts Class 12 project cash flow statement and ratio analysis
Accounts Class 12 project cash flow statement and ratio analysisJinendraPamecha
22 views42 slides
sample.potx by
sample.potxsample.potx
sample.potxMaryna Yurchenko
14 views3 slides
SUGAR cosmetics ppt by
SUGAR cosmetics pptSUGAR cosmetics ppt
SUGAR cosmetics pptshafrinn5
63 views9 slides

Recently uploaded(20)

Assignment 4: Reporting to Management.pptx by BethanyAline
Assignment 4: Reporting to Management.pptxAssignment 4: Reporting to Management.pptx
Assignment 4: Reporting to Management.pptx
BethanyAline17 views
Accounts Class 12 project cash flow statement and ratio analysis by JinendraPamecha
Accounts Class 12 project cash flow statement and ratio analysisAccounts Class 12 project cash flow statement and ratio analysis
Accounts Class 12 project cash flow statement and ratio analysis
JinendraPamecha22 views
SUGAR cosmetics ppt by shafrinn5
SUGAR cosmetics pptSUGAR cosmetics ppt
SUGAR cosmetics ppt
shafrinn563 views
Monthly Social Media Update November 2023 copy.pptx by Andy Lambert
Monthly Social Media Update November 2023 copy.pptxMonthly Social Media Update November 2023 copy.pptx
Monthly Social Media Update November 2023 copy.pptx
Andy Lambert16 views
CORPORATE COMMUNICATION.pdf by AKarthikeyan8
CORPORATE COMMUNICATION.pdfCORPORATE COMMUNICATION.pdf
CORPORATE COMMUNICATION.pdf
AKarthikeyan812 views
Top 10 IT Tasks Small Businesses Can Entrust to Offshore Professionals by altafhsayyednimetler
Top 10 IT Tasks Small Businesses Can Entrust to Offshore ProfessionalsTop 10 IT Tasks Small Businesses Can Entrust to Offshore Professionals
Top 10 IT Tasks Small Businesses Can Entrust to Offshore Professionals
The Talent Management Navigator Performance Management by Seta Wicaksana
The Talent Management Navigator Performance ManagementThe Talent Management Navigator Performance Management
The Talent Management Navigator Performance Management
Seta Wicaksana21 views
Why are KPIs(key performance indicators) important? by Epixel MLM Software
Why are KPIs(key performance indicators) important? Why are KPIs(key performance indicators) important?
Why are KPIs(key performance indicators) important?
Bloomerang_Forecasting Your Fundraising Revenue 2024.pptx.pdf by Bloomerang
Bloomerang_Forecasting Your Fundraising Revenue 2024.pptx.pdfBloomerang_Forecasting Your Fundraising Revenue 2024.pptx.pdf
Bloomerang_Forecasting Your Fundraising Revenue 2024.pptx.pdf
Bloomerang112 views
Navigating EUDR Compliance within the Coffee Industry by Peter Horsten
Navigating EUDR Compliance within the Coffee IndustryNavigating EUDR Compliance within the Coffee Industry
Navigating EUDR Compliance within the Coffee Industry
Peter Horsten41 views
Nevigating Sucess.pdf by TEWMAGAZINE
Nevigating Sucess.pdfNevigating Sucess.pdf
Nevigating Sucess.pdf
TEWMAGAZINE23 views
Pitch Deck Teardown: Scalestack's $1M AI sales tech Seed deck by HajeJanKamps
Pitch Deck Teardown: Scalestack's $1M AI sales tech Seed deckPitch Deck Teardown: Scalestack's $1M AI sales tech Seed deck
Pitch Deck Teardown: Scalestack's $1M AI sales tech Seed deck
HajeJanKamps417 views

Innovation management

  • 2. Structure  Innovation management  Lens  Trend watching  Books  Exponential  Guru’s  Trends  Techniques  Sources 2
  • 3. Innovation  What does innovation mean to you?
  • 4. Innovation management Context  Market  Clients  Funding  Business model  Resources  Strategy
  • 5. THE LENS  Values  Passion  Vision  Mission  Positioning  Resourcing
  • 6. SPOTCHECK Level of ongoing product development  The number of planned new products/services introduced in the next 3 years  Planned feedback systems  How systematic is the company's approach to innovation. Innovation as strategic focus  The budget made available for innovation  The management time planned to be spent on innovation. Involvement of staff  Promoters' attitude towards staff involvement in innovation/product development  Planned reward schemes for innovative ideas  Training. Portfolio of ideas for product development  The number of ideas under consideration  Their stage in the development process  What action is planned to progress them. Manager(s) responsible for innovation  Qualifications  Experience  Organisational ability  Planning ability.
  • 7. TRENDWATCHING  Look for changes in food, new products, trendy restaurants  Look at the introduction of new products (failures and successes)  Changes in wording  Read science fiction  Books  Think changes through into their extremes!!!!
  • 10. VUCA GURUS  Our gurus  Richard Watson  Ray Kurzweil  Jason Silva  Faith Popcorn  Chris Anderson  Jack Black  Naseem Taleb  Brian Solis  Ken Robinson  Seth Godin  Brett King  Kevin Kelly  Tim Ferris
  • 11. Moore’s law  Moore’s Law ▪ ICT ▪ Social media ▪ Data ▪ Internet of things ▪ Sensors ▪ Virtual reality ▪ 3D-4D printing ▪ Nano ▪ Genetics ▪ Biology ▪ Physics ▪ Material science ▪ AI Combination of all of the above!!!
  • 12. Techniques  Brainstorming  Attribute listing*  Who, what, where, when, why, how*  Mind mapping  Random words  Discontinuity/serendipity  Doodle  Dream  Meditate  Entrepreneurship  XBOX
  • 13. TOOLS  Bandwidth  Constant idea generation  Passion and purpose  Technology as an enabler  Story telling  Entrepreneurship  Organisational structure
  • 14. Bandwidth  TED  Springwise  Tech crunch  Stanford  MIT  Singularity University  LinkedIn  McKinsey  Strategy+Business  Smartbrief  Books 
  • 15. Innovation management  Active innovation versus passive innovation  Ideas portfolio*  Future proofing  Anthropology  Culture  Serendipity*  Lenses of provocation*  Biology  Role play
  • 16. Innovation management  What would MacGuyver do  Move to the fringes*  People*  Passion  Focus  Let a 1000 flowers bloom  20% rule  Co-creation  Soft balance sheet
  • 17. Innovation management  Return On Destruction (ROD vs ROI)  Innovate to kill  Organisational structure  Infinitive possibilities*  Clock speed  Capability mapping  Simplify  Open vs closed  Wide lens*
  • 18. Innovation management  Maverick in residence  Dissenting voices  Reverse mentoring  Procrastinate  Coalition of the willing  Rookie advantage  Use of language  Failure fund*  Metrics*  TRIZ
  • 19. Innovation management  Feeling, seeing, dreaming, making, learning  Metaskills  Mastery  Future vision*  Constructive controversy  Sense making  Purpose  Design  Small shocks  Questioning
  • 20. Digital development lines • Reality • Augmented reality • Physical virtuality • Mirrored virtuality • Warped reality • Alternate reality • Augmented virtuality • Virtuality
  • 21. TRIZ 1. Segmentation 2. Extraction 3. Local Quality 4. Asymmetry 5. Combination 6. Universality 7. Nesting 8. Counterweight 9. Prior Counteraction 10. Prior Action 11. Cushion in Advance 12. Equipotentiality 13. Inversion 14. Spheroidality 15. Dynamicity 16. Partial, overdone or excessive action 17. Moving to a new dimension 18. Mechanical vibration 19. Periodic action 20. Continuity of useful action 21. Rushing through 22. Convert harm into benefit 23. Feedback 24. Mediator 25. Self-service 26. Copying 27. Inexpensive short life 28. Replacement of a mechanical system 29. Use pneumatic or hydraulic systems 30. Flexible film or thin membranes 31. Use of porous materials 32. Changing the colour 33. Homogeneity 34. Rejecting and regenerating parts 35. Transforming physical or chemical states 36. Phase transition 37. Thermal expansion 38. Use strong oxidisers 39. Inert environment 40. Composite materials

Editor's Notes

  1. Developed as part of GROWING YOUR OWN BUSINESS workbook Links into online business growth assessment – SPOTcheck – www.spotcheckonline.com