Innovation Is Not a Department

06.19.14

INNOVATION IS NOT A DEPARTMENT

WE BELIEVE INNOVATION IS THE CREATION OF NOVEL IDEAS

AND METHODS TO MAKE AMAZING THINGS.

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NOT JUST DOING THE SAME THINGS BETTER.

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INNOVATION IS THE RESULT OF THINKING AND DOING

THINGS DIFFERENTLY.

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INNOVATION IS WORK.

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IT TAKES COMMITMENT.

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AND IT’S A HABIT MORE THAN IT’S A JOB.

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WHICH IS WHY WE BELIEVE.

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INNOVATION IS NOT A DEPARTMENT.

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INNOVATIONITMARKETING HR FINANCE

CEO

WE BELIEVE INNOVATION SHOULD NOT BE ASSIGNED.

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INNOVATION SHOULD BE AT THE HEART

OF EVERYONE’S JOB.

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INNOVATION

INVENTION

IMPROVEMENT

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AND THE HEART IS EITHER BEATING OR IT ISN’T

SO HOW DO WE KEEP THE HEART BEATING STRONG?

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THE FIVE HABITS OF INNOVATORS

1. BE INTERESTED.

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THE FIVE HABITS OF INNOVATORS

NOT INTERESTED IN YOURSELF.

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INTERESTED IN WHERE THINGS ARE HEADED AND WHAT IT MEANS.

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INTERESTED IN DOING SOMETHING DIFFERENT.

1. BE INTERESTED.

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THE FIVE HABITS OF INNOVATORS

1. BE INTERESTED.

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2. LOOK OUTWARD.

THE FIVE HABITS OF INNOVATORS

WHEN WE LOSE INTEREST IN THE OUTSIDE WORLD,

INNOVATION DISAPPEARS.

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POLICIES & POLITICS CREATE WALLS

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INNOVATORS NEED FREEDOM TO EXPERIMENT

1. BE INTERESTED.

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2. LOOK OUTWARD.

THE FIVE HABITS OF INNOVATORS

1. BE INTERESTED.

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2. LOOK OUTWARD.

3. INVITE (AND TOLERATE) CREATIVE PEOPLE.

THE FIVE HABITS OF INNOVATORS

COMPARED TO OTHERS, CREATIVE PEOPLE ARE MORE…

HERE’S THE CATCH

• NON-CONFORMING

• DOMINANT

• HOSTILE

• IMPULSIVE

26 Source: http://www.ncbi.nlm.nih.gov/pubmed/15647135

• OPEN TO NEW EXPERIENCES

• SELF-CONFIDENT

• SELF-ACCEPTING

• DRIVEN

• AMBITIOUS

ON THE OTHER HAND

27 Source: http://www.ncbi.nlm.nih.gov/pubmed/15647135

COMPARED TO OTHERS, CREATIVE PEOPLE ARE MORE…

IF

AND

THEN

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COMPANIES

INNOVATION

COMPANIES

BOTTOM LINE

INNOVATION

CREATIVITY

CREATIVE PEOPLE

REQUIRE

REQUIRES

REQUIRE

SO INVITE CREATIVITY TO EVERY ROLE

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CFO

1. BE INTERESTED.

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2. LOOK OUTWARD.

3. INVITE (AND TOLERATE) CREATIVE PEOPLE.

THE FIVE HABITS OF INNOVATORS

1. BE INTERESTED.

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2. LOOK OUTWARD.

3. INVITE (AND TOLERATE) CREATIVE PEOPLE.

4. SUSPEND DISBELIEF.

THE FIVE HABITS OF INNOVATORS

WHEN WE FOCUS TOO MUCH ON HOW NEW IDEAS WON’T WORK…

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WE LOSE SIGHT OF HOW NEW IDEAS MIGHT WORK.

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AND YOU KNOW WHO DOESN’T MAKE THAT MISTAKE?

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THIS

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COMPETITION THAT

THINKS DIFFERENTLY.

1. BE INTERESTED.

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2. LOOK OUTWARD.

3. INVITE (AND TOLERATE) CREATIVE PEOPLE.

4. SUSPEND DISBELIEF.

THE FIVE HABITS OF INNOVATORS

1. BE INTERESTED.

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2. LOOK OUTWARD.

3. INVITE (AND TOLERATE) CREATIVE PEOPLE.

4. SUSPEND DISBELIEF.

5. BET THE GARDEN, NOT THE FARM.

THE FIVE HABITS OF INNOVATORS

THIS

INVEST SMALL IN MANY IDEAS

$1M

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20 X $50K

NOT THAT

BECAUSE MANY IDEAS WILL FAIL

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BUT YOU HAVE TO START SOMEWHERE

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TO DO GREAT THINGS.

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LET’S MAKE SOMETHING GREAT TOGETHER.

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[email protected] @DONSMITHMIER DON SMITHMIER

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WE GROW BUSINESSES. (AS A TEAM)

THANK YOU.

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WE GROW BUSINESSES Dream big. Implement Small. Invent now.

Bet the garden, not the farm.