Think Outside The Box 170411
•
2 likes•1,306 views
Think Outside The Box, Being Entrepreneurial and Leading Innovation
![Being Entrepreneurial Somebody who starts and builds something of long term value, often from practically nothing. [David Hall]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
More Related Content
Recently uploaded
Recently uploaded (20)
Featured
Featured (20)
Think Outside The Box 170411
- 2. Being Entrepreneurial Somebody who starts and builds something of long term value, often from practically nothing. [David Hall]
- 3. Random Idea Generation or Brain Storming
- 5. Leading Innovation How can you encourage your team to innovate? It’s helpful first to be sensitive to what can discourage innovation A new idea is delicate, it can be killed by a sneer or a yawn; it can be stabbed to death by a quip and worried to death by a frown on the right man’s brow. [Charles Brower]
- 7. Who wants to hear actors talk? HM Warner, Warner Brothers, 1927 I think there’s a world market for about five computers Thomas Watson, Chairman of IBM, 1943 Computers in the future may weigh no more than 1.5 tons Popular Mechanics, 1949 There is no reason anyone would want a computer in their home. Ken Olson, Head of Digital Equipment, 1977
- 8. Victor Kiam was offered a chance to buy Velcro for $25,000 but failed to see its potential. Everything that can be invented has been invented Charles Duell, Office of Patents 1899 The ‘telephone’ has too many shortcomings to be seriously considered as a means of communication. Western Union Memo 1876
- 9. Factors which enhance the creativity of organisations include – Innovation is valued & encouraged Results not hours Freedom to experiment & Own projects IP Ownership! A large number of stimuli e.g. tools & equipment Listen to your employees Hands on/Hands off – End goal Flexible hours. E.g. Friday afternoons @ 3M & 15% & CSL
- 10. To innovate, organisations need a high level of communication & networking activity e.g. 2 people working on a similar project & the coffee machine effect. If you are not failing you are not trying and without trying you won’t get new opportunity’s [Muzyka & Churchill 2000] Success is made of 99% failure [James Dyson]
- 12. Keep reviewing the innovation.
- 13. Measure achievement and not just expenditure.
- 14. Innovate Spotting Opportunities/Gaps in the market [UK, USA & China] Higher quality, Smaller, Faster, Easier, Cheaper, More attractive, Work better, ASK, etc
- 15. To help with Brain Storming try to think of some applications for the below ‘worthless’ items Stuck for ideas? - www.linkedin.com/in/fenwickrichard
- 16. Richard Fenwick By