10 Vital Teachings on Innovation from Saul Kaplan
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Transcript of 10 Vital Teachings on Innovation from Saul Kaplan
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10 Things we learned from Saul Kaplan’s
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This presentation consists of 10 highlights from the interview with Moe Abdou,
founder & host of 33voices®.
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Saul KaplanSaul Kaplan is the founder and chief catalyst of the Business Innovation Factory (BIF), a real-world laboratory for exploring and testing new busi-ness models and social systems. BIF has attracted a global community of over 5,000 innovators and organizes the internationally renowned BIF Col-laborative Innovation Summit. He’s also a regular contributor to the Har-vard Business Review, Fortune, and Bloomberg Businessweek.
@skap5
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1
What often gets in the way of innovation
is not technology, it’s you.Change it by reinventing any stubborn system you have.
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2
You’re not getting better if you’re not failing -
failure is intentional iteration.
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3
Innovation isn’t about some sexy new solution;it’s more about solving a problem in the real world
in a different way.
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4
The best way to innovate in your organization
is to foster a community that’s passionate about doing transformational things.
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5
You’ll learn the most when you’re examining different industries and disciplines.
live out on the edge
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6
Expect to iterate at least 3-6 times before you’ll get your model right.Put it out, see if it works, tweak it, and scale it.
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7
The most important innovations today start with reimagining your business models.
Remember what Netflix did to Blockbuster?
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8
It doesn’t matter what tool you use.Be able to tell the story behind your business model -
How you create, deliver and capture value
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9
Those who treat their end consumer today as an integral part of their value creation process,
will always have an edge over their rivals.
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10
The most important metrics to measure are:
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10
The most important metrics to measure are:The time to get your idea to a working prototype
and in the hands of your initial customers.
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10
The most important metrics to measure are:The lessons you’ll learn from the marketplace
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10
The most important metrics to measure are:Financial metrics should come after everything,
on scaling and being repeatable.
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How do you imagine, prototype and test a new business model - especially when it
might disrupt your current model?
REALLY REFLECT