How to Be More Innovative in 2014

©2012 www.reinventioninc.com chicago • coronado 312.635.1350 • 619.342.4411

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COMMERCIALIZING INVENTIVENESS™

http://www.reinventioninc.com/


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©2013 RE:INVENTION, inc. | www.reinventioninc.com | chicago • coronado | 312.635.1350 • 619.342.4411 page 2

simplify it make it more intuitive

speed it up extend the experience

make it beautiful

socialize it add emotion enhance the quality

make it indispensable

make it radically new

Ten Ways to Make Anything MORE INNOVATIVE



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How to REINVENT AND DISRUPT Your Business Model



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©2013 RE:INVENTION, inc. | www.reinventioninc.com | chicago • coronado | 312.635.1350 • 619.342.4411

openers energizers closers idea generators

idea selectors

brainstorming games & software

online brainstorming

TRIZ SIT six thinking hats

A Front End of Innovation TOOLKIT

• Photo Intro • Keychain Intro • Your Innovation • Sequence Game • Mix it Up • Trash Can

• Appreciations and Compliments

• Horse Race • Swing to the

Beat • In Touch

• Pinpoint Directions • With Ketchup? • Salt N Pepper • Pros & Cons • Multi-Criteria • My Valentine

• Customer Friction • SCAMPER • Flower Association • Biomimicry • Comic Book Hero • Silly Things • WWAD? • Trends Dance

• The Theory of Inventive Problem Solving and its 40 Principles

• Ideagenerator • RE:INVENTION

Blueprint

• Try On Different Hats -- A Technique Developed by Edward de Bono

• Free the genie • Knowbrainer • Innovative Whack • IDEO cards • Metaforio • CREAX • Flashbrainer

• An Israeli systematic ideation and problem solving technique



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HOW TO BUILD AN EVERYDAY INVENTIVE AND REINVENTIVE COMPANY.

Ten GUIDING PRINCIPLES of Everyday Inventive Companies



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1. ADAPT AND EMBRACE CHANGE

Simplification, reinvention, change-ups, subtle pivots, improvising, initiative, and incremental continuous improvements can all drive value and long term growth. Change is a force of possibility. Taking small steps every day can achieve big goals and sustain progress.



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2. DELIGHT CUSTOMERS (AND NON-CUSTOMERS)

Engage with them, collaborate with them, listen to them, build their trust and lifetime loyalty. Obsessively mine knowledge about your customers – even non-customers – until you develop broad and deep insights. Then give them what they don’t yet know they need.



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3. PRIORITIZE YOUR PEOPLE

Employees are as important (if not more important) than your customers. Employee engagement leads to productivity gains. And great employee experiences drive great customer experiences.



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4. PROMOTE DIVERSITY

Diverse teams solve problems more creatively than homogeneous teams. Diversity delivers competitive advantage and encourages non-conventional thinking. Gender diversity, ethnic diversity, age diversity, diversity of experiences and perspective. In addition to promoting team diversity, you need knowledge of diversity issues in a global context. Think globally.



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5. MINE AND LEVERAGE HIDDEN ASSETS

Using what you've got in unexpected ways delivers surprise utility. Look beyond the obvious. Consider resurrecting ideas that were once tabled. What hasn't worked in the past may very well work now. A Bain & Company study found that 9 out of 10 companies that revived growth after a downturn did so by mining hidden assets.



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6. ENCOURAGE EXPERIMENTATION AND A CULTURE OF PLAY

Invite imagination, inspire questions, and reward/incentivize both success and failure. Encourage internal cross-functional collaboration, productive friction, good-spirited competition, and creative destruction – punishing only inaction.



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7. COLLABORATE EXTERNALLY AND BRIDGE BOUNDARIES

Open ethos cross-industry collaboration -- partnerships, alliances and coalitions -- can create favorable opportunities and sustainable advantage. Successful companies don't just reconstruct boundaries, they bridge them. A 2009 Duke University study funded by the National Science Foundation found that smaller companies, in particular, can dramatically increase their innovation competence through external collaboration -- enabling them to even outperform their strongest and largest competitors.


http://bit.ly/JfOIRz

http://bit.ly/JfOIRz


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8. RESIST RIGID PROCESSES/METHODOLOGIES

Inject planning and discipline without locking into or mandating ridged processes and methodologies. By using agile/responsive approaches and flexible/adaptive frameworks, you inspire practical solution finding from the bottom ranks of the organization up.



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9. PLACE LOTS OF LITTLE BETS THEN DOUBLE DOWN

Be comfortable with uncertainty and adopt Darwinism when faced with risk. Track, monitor, and measure. Summarize progress. Then advance what adds value, discarding or tabling the rest.



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10. AVOID RELYING ON ONE IDEA OR STRATEGY

Don't go "all-in" on one idea. Sustained growth requires a balanced portfolio of strategies and the management capabilities to implement them.



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Take RE:INVENTION’s diagnostic test now!

Is your company's CHECK ENGINE light on?

GET YOUR SCORE

Is Your Company Innovative? Take Our DIAGNOSTIC TEST.


http://www.everydayinventive.com/#test

How to Be More Innovative in 2014

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