01/03/15 Unleash the Spark of Innovation with Jugaad! A One-Day Workshop Session 4: Stretching Your Mind – The 7 Rules of Innovation
Jul 17, 2015
01/03/15
Unleash the Spark of Innovation with
Jugaad!A One-Day Workshop
Session 4:
Stretching Your Mind – The 7 Rules of Innovation
01/03/15
Framework for the Workshop
Post-Lunch
MindspaceIDEO, 7 Rules
Manpower10 Faces
Pre-Lunch
MethodsNABC ExerciseSCAMPERMarketspaceTilt
4Ms: Methods, Marketspace, Mindspace, Manpower
01/03/15
Making Innovation Work
7 Innovation Rules of good innovation project management
1. Exert strong leadership on the innovation strategy and portfolio decisions.
2. Integrate innovation into the company’s basic business mentality.
1. Align the amount and type of innovation to the company’s business.
4. Manage the natural tension between creativity and value capture.
5. Neutralize organizational antibodies. They kill off good ideas by status quo thinking
6. Recognize that innovation is a network that includes people and knowledge -- both inside and outside the organization.
2. Create the right metrics and rewards for innovation.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of Innovation
Rule 1
Exert strong leadership on portfolio decisions and encourage significant value creation.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of Innovation
Rule 1
Exert strong leadership on portfolio decisions and encourage significant value creation.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of InnovationRule 2
Integrate innovation into the company's basic business mentality.
Make it a core competency.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of InnovationRule 2
Integrate innovation into the company's basic business mentality.
Make it a core competency.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of InnovationRule 2
Integrate innovation into the company's basic business mentality.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of InnovationRule 2
Why is Innovation so Often “Hit or Miss? http://bit.ly/1zhyzAV
Tier 1
• Loosely defined (Innovation is loosely tagged or non-existent)
• Special Event (Innovation due to a specific need or by random occurrence)
• Departmentalized (i.e., R&D, assigned to a particular department)
Tier 2
• Functional (functions like accounting, finance, and marketing)
• Strategic (Chief Innovation Officer – plans and projects)
• Integrated (full integration into the organizational culture and value system)
Integrate innovation into the company's basic business mentality.
01/03/15
The 7 Rules of InnovationRule 3
Align the amount and type of innovation to the company's business.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of InnovationRule 3
Align the amount and type of innovation to the company's business.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of Innovation
Rule 4
Manage the natural tension between creativity and value capture so that the company generates successful new ideas while gaining the maximum return on its investment.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
The 7 Rules of Innovation
Rule 4
Put simply, innovation is about creativity and then capturing value from the range of ideas that you chose to develop and pursue.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
Neutralize organizational antibodies that kill off good ideas because they're different from the status quo.
The 7 Rules of InnovationRule 5
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
Organizational antibodies that kill off good ideas can be given otherprojects – or kept busy with theroutine work.
The 7 Rules of InnovationRule 5
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
Recognize that the fundamental building blocks of innovation are networks that include people and knowledge -- both inside and outside the company boundaries.
The 7 Rules of InnovationRule 6
01/03/15
Recognize that the fundamental building blocks of innovation are networks that include people and knowledge -- both inside and outside the company boundaries.
The 7 Rules of InnovationRule 6
01/03/15
Recognize that the fundamental building blocks of innovation are networks that include people and knowledge -- both inside and outside the company boundaries.
The 7 Rules of InnovationRule 6
01/03/15
The 7 Rules of InnovationRule 6
The partnership will help developers build digital healthcare applications, such as collaboration software for doctors, diagnosis apps for patients, or to aid in the delivery of
treatment between doctors and patients.
Recognize that the fundamental building blocks of innovation are networks that include people and knowledge -- both inside and outside the company boundaries.
01/03/15
Create the right metrics and incentives to foster innovation.
The 7 Rules of InnovationRule 7
01/03/15
Create the right metrics and incentives to foster innovation.
The 7 Rules of InnovationRule 7
01/03/15
Create the right metrics and incentives to foster innovation.
The 7 Rules of InnovationRule 7
3M rewards employees for outstanding work, based on pre-established goals.
3Mers take pride in discoveries that lead to real-world products. Management reinforces this by fostering a dual-career ladder so veteran researchers can continue to move up without becoming managers. It also honors hundreds of employees — nominated and selected by their peers — for scientific achievements every year.
And it gives the top 20 overachievers and their spouses a four-day holiday at 3M’s corporate retreat.
01/03/15
7 Rules of
Innovation
1. Strong Leadership
2. Integrate into Business Model
3. Align Type& Amount
4. Manage theTension
5. Netralize Antibodies
6. Recognize Networks
7. Metrics & Incentives
Source: Making Innovation Work (Davila, Epstein, Shelton)
2
1 3 5 7
4
6
01/03/15
Framework for the Workshop
Post-Lunch
MindspaceIDEO, 7 Rules
Manpower10 Faces
Pre-Lunch
MethodsNABC ExerciseSCAMPERMarketspaceTilt
4Ms: Methods, Marketspace, Mindspace, Manpower
01/03/15
Making Innovation Work
7 Innovation Rules of good innovation project management
1. Exert strong leadership on the innovation strategy and portfolio decisions.
2. Integrate innovation into the company’s basic business mentality.
1. Align the amount and type of innovation to the company’s business.
4. Manage the natural tension between creativity and value capture.
5. Neutralize organizational antibodies. They kill off good ideas by status quo thinking
6. Recognize that innovation is a network that includes people and knowledge -- both inside and outside the organization.
2. Create the right metrics and rewards for innovation.
Source: Making Innovation Work (Davila, Epstein, Shelton)
01/03/15
7 Rules of Innovation
1. Strong Leadership
Source: Making Innovation Work (Davila, Epstein, Shelton)
1
Does Sonia see the need for a new innovation culture
supported by exerting strong leadership?
01/03/15
7 Rules of Innovation
Source: Making Innovation Work (Davila, Epstein, Shelton)
How will Sonia integrate innovation into Frooti’s
business model?
2. Integrate into Business Model
2 What if she brings back Digen Verma?
01/03/15
7 Rules of
Innovation
3. Align Type& Amount
3
How should Sonia align type and amount of innovation into Frooti’s
product portfolio?
Should she keep old
products or launch new
ones?
01/03/15
7 Rules of
Innovation
4. Manage theTension
4
How should Sonia manage the tension between new and old
values?
01/03/15
7 Rules of
Innovation
6. Recognize Networks
6
Is anyone in Frooti aware of what’s happening outside the
company?
01/03/15
7 Rules of
Innovation
7. Metrics & Incentives
7
How should Sonia build incentives for innovation?
01/03/15
Harnessing Creativity
Creativity is best seen to flourish when there is a combination of expertise in a domain, creative thinking skills (developed by training in creative techniques) and a clear motivation to express ideas
7 Rules of
Innovation