Building an Innovative Enterprise
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Transcript of Building an Innovative Enterprise
Building an Innovative EnterpriseBuilding an Innovative Enterprise
The Key to Creating New Resources and Wealth
Paul Schumann
Glocal Vantage Inc.
Glocal Vantage Inc. 2
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 3
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 4
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 5
Innovation Definition
Innovation is the way of transforming the resources of
an enterprise through the creativity of people into new
resources and wealth.
Glocal Vantage Inc. 6
Innovation Definition
Innovation is the way of transforming the resources of
an enterprise through the creativity of people into new
resources and wealth.
E=MCE=MC22
Glocal Vantage Inc. 7
Innovation Definition
Innovation is the way of transforming the resources of
an enterprise through the creativity of people into new
resources and wealth.
WW∝∝RCRCii22
Glocal Vantage Inc. 8
Results of Innovating
• Create new markets
• Expand existing markets
• Increase market share
• Open existing markets
• Increase profits
• Reduce costs
• Attract & retain the best
Failure
Glocal Vantage Inc. 9
Why Do Innovations Fail?
Glocal Vantage Inc. 10
Why Do Innovations Fail?
• Not anticipating customer needs
• Failure to understand and utilize technology appropriately
• Lack of understanding of competitor strategy and capability
• Misjudging implementation difficulty
• Ineffective implementation
• Timing - too early or too late in the market
• Being stakeholder driven instead of market driven
• Not having the resources for implementation
• Being driven by personal agendas
• Un-supportive organizational culture, or culture driven strategies
• Attempting to cause change rather than exploiting change
Glocal Vantage Inc. 11
Types of Innovation
• Class - how big a change
• Nature - where
Glocal Vantage Inc. 12
Class of Innovation
• Incremental
• Distinctive
• Breakthrough
Glocal Vantage Inc. 13
The S-curve & Innovation
Incremental Time
Pro
duct
ivity
Incremental
Incremental
Incremental
Distinctive
Distinctive
Breakthrough
Glocal Vantage Inc. 14
Nature of Innovation
• Product
• Process
• Procedure
Glocal Vantage Inc. 15
Innovation Map
• Class– Incremental– Distinctive– Breakthrough
• Nature– Product– Process– Procedure
Product
Process
Procedure
Incre
men
tal
Distinc
tive
Break
thro
ugh
Glocal Vantage Inc. 16
Automotive History
• Experimenters & Hobbyists (1820s - 1900s)
• Search & Learn (1900s - 1908)• A Car for Everyone (1908 - 1927)• Living Room on Wheels (1920s -
1950s)• Synthesizing Market Demands (1950s -
1980s)• Life Style on Wheels (1980s - 2000s)
Glocal Vantage Inc. 17
Experimenters & Hobbyists
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 18
Search & Learn
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 19
A Car for Everyone
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 20
Living Room on Wheels
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 21
Synthesizing Market Demands
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 22
Life Style on Wheels
Incremental
Distinctive
Breakthrough
Product
Process
Procedure
Glocal Vantage Inc. 23
Exercise 1
• Use the innovation map to brainstorm potential innovations for your organization.
• Work together in a team if there are more than one from the same organization.
• Place each suggested idea in its appropriate box.
• Have at least one entry in each of the nine boxes.
Glocal Vantage Inc. 24
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 25
Goals for an Innovative Enterprise
• Increase success rate of innovation
• Create wealth
• Achieve regeneration
Glocal Vantage Inc. 26
Regenerative Innovative Enterprise
Resources Wealth
New Resources
Creativity
Glocal Vantage Inc. 27
Innovation Creates Wealth
Stage 1Stage 1Stage 2Stage 2
Stage 3Stage 3
Non-productiveNon-productive
Counter Counter
productiveproductive
Hyper-Hyper-
productiveproductive
75 years75 years
Glocal Vantage Inc. 28
System for an Innovative Enterprise
Market
Strategy
OrganizationStakeholders
Glocal Vantage Inc. 29
Market
Customers
TechnologyCompetition
Demographic
Sociopolitical
Scientific
Economic
EmbeddedSupportiveEnabling
PresentPotentialPossible
DirectIndirect
Structural
Glocal Vantage Inc. 30
Stakeholders
• Stockholders/Owners
• Creditors
• Employees
• Vendors/Suppliers
• Customers
• Society
Glocal Vantage Inc. 31
Strategy
• Vision
• Mission
• Goals
• Strategies
• Plans
Glocal Vantage Inc. 32
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 33
Organization
CultureCulture
ResourcesResources
ProjectsProjects
Glocal Vantage Inc. 34
Resources
PeoplePeople
CapitalCapital
ToolsToolsPartnersPartners
NaturalNatural
KnowledgeKnowledge
FacilitiesFacilities
Glocal Vantage Inc. 35
People
• Creativity
• Personality
• Information
• Skills
Glocal Vantage Inc. 36
Exercise 2
• For each of the resources, identify at least one thing that you could do to utilize or change that resource to improve innovation in your organization.
• Work together in groups if more than one from your organization.
Glocal Vantage Inc. 37
Organizational Culture
Beliefs
Values
Behaviors
Results
Consequences
Glocal Vantage Inc. 38
Innovation Values (Vitality)
• Self development• Communication• Awareness• Multiple skills• Teamwork
• Vision• Leadership• Creativity• Innovativeness• Knowledge
Glocal Vantage Inc. 39
Innovation Values (Quality)
• Achievement• Effectiveness• Appropriate
technology• Service• Productivity
• Efficiency• Control• Pioneering progress• Community• Self actualization
Glocal Vantage Inc. 40
Service
Community
Productivity
Self Development
Achievement
Multiple Skills
Teamwork
Values Example
Glocal Vantage Inc. 41
Organizational Scenario Example
This organization is driven by the desire to meet goals and expectation established within the company but outside of the organization. At the same time, the members feel the need to protect their own futures through self improvement. This tension provides the energy to accomplish the results desired by the organization. The members of this organization are motivated to make a contribution through their work. In order to do so, they think that they require a broad perspective and several expert skills. The members of this organization require a strong sense of community. They want to build community through teamwork and the shared desired to make a significant contribution through their work.
Glocal Vantage Inc. 42
Innovation Map
PRODUCTPROCESS
PROCEDURE
INCREMENTAL
DISTINCTIVE
BREAKTHROUGH
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
20.00
Percent of Effort
Nature of Innovation
Class of Innovation
Glocal Vantage Inc. 43
Exercise 3
• Check the three most important vitality values and the four most important quality values in your organization now.
• Repeat this for what you think that they should be in five years.
• Are there any differences?
• What do the differences mean to you?
Glocal Vantage Inc. 44
Innovation Enablers
EducationEducation CommunicationCommunication
InfrastructureInfrastructure IncentivesIncentives
MeasurementsMeasurements
Glocal Vantage Inc. 45
Exercise 4
• How can you increase innovation in your organization?
• For each of the enablers, list 1 to 3 things that you could do in your organization that would increase the amount of innovation.
Glocal Vantage Inc. 46
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 47
Innovation Commons
A space (physical or virtual) that enables
innovation through the mutual and
interdependent creativity of its
members
Glocal Vantage Inc. 48
Innovation Commons (cont.)
• Open system (bounded)• Everyone contributes• Everyone can use the results• Members who don’t contribute
are shunned or excluded• Fluid & flexible• An abundant resource system
Glocal Vantage Inc. 49
Innovation Commons Boundaries
Competitors
Company
Partners
Vendors/Suppliers
Customers
Stakeholders
Project
Glocal Vantage Inc. 50
Open Source Principles
• Transparency• Vetting of participants only after
they’ve gotten involved• Low cost and ease of engagement• A legal structure and enforcement
mechanism• Leadership
Glocal Vantage Inc. 51
Open Source Principles (cont.)
• Common standards• Peer review and feedback loops• A shared conception of goals• Incrementalist - small players
can make useful contributions• Powerful non-monetary
incentives
Glocal Vantage Inc. 52
Topics
• Introduction
• Innovation
• Enterprise Innovation
• Organizational Development
• Innovation Commons
• Getting Started
Glocal Vantage Inc. 53
How to Build an Innovative Enterprise
UnderstandUnderstand
AssessAssess
ForecastForecast
InterpretInterpret
CreateCreate
PlanPlan
MeasureMeasure
Glocal Vantage Inc. 54
Principles of an Innovative Enterprise
• Ennoble
• Enable
• Empower
• Encourage
Glocal Vantage Inc. 55
Regenerative Innovative Enterprise
Resources Wealth
New Resources
Creativity
Glocal Vantage, Inc. 56
Glocal Vantage, Inc.
• PO Box 161475
• Austin, TX 78716
• (512) 632-6586
• www.glocalvantage.com
• http://incollaboration.com
• Twitter: innovant2003
Paul Schumann
• Futurist and innovation consultant• Application of web 2.0 to market & strategic
intelligence systems• Web 2.0 tools & technologies• Application of web 2.0 to democratic processes
• Broad perspectives on the future• Services
– Strategic market research & technology forecasting
– Intelligence systems consulting
– Seminars, webinars & presentations
Glocal Vantage, Inc. 57
•This work is licensed under the This work is licensed under the Creative Commons Attribution Creative Commons Attribution
license. You may distribute, remix, license. You may distribute, remix, tweak, and build upon this work, tweak, and build upon this work,
even commercially, as long as you even commercially, as long as you credit me for the original creation credit me for the original creation as Paul Schumann, Glocal Vantage as Paul Schumann, Glocal Vantage
Inc, www.glocalvantage.com.Inc, www.glocalvantage.com.