Does your business need an Innovation Lab?
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12-Sep-2014 -
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Transcript of Does your business need an Innovation Lab?
Do Housing Associations need Innovation Labs?
Paul Taylor
@paulbromford
Innovation Coach
Don’t get involved in delivery
Keep It Simple Stupid
Create prototypes that are safe to failEmbed a culture of innovation
Our learning - The best innovation functions:
The Innovation Lab is a creative space that tests concepts and ideas before they
become projects.
The Lab uses the principles of Open
Innovation. the practice of merging your internal assets
and resources with those outside your organisation
`The Lab is hosted by Bromford and will
contain Bromford colleagues and customers – it will also work with Universities, Think
Tanks, and Entrepreneurs
It’s a network not a team
We want our innovation work out in the open. Anyone can pop in and see what we are working on.
It’ll have a lot of visuals – from drawings on walls to actual models people can have a look at and play with. .
. We want to be able to help colleagues “green-house“ ideas and turn them into practical models and business solutions. We also
want to be able to host visitors who could help Bromford solve big problems that need fixing.
IncrementalThese are small easily achieved, but often
significant “new and improved” ways of doing things
This work would account for about 30% of the Labs time.
Colleague Check In – Claiming expenses/Lone Worker Safety eliminated
through development of mobile app
Breakthrough
This is a truly meaningful change in the way we do business
This work will be approximately 50% of Lab time
Open Source Communities:Using software and simple applications such as the
Wikihouse model and WikiCommunity to allow customers to start
developing and creating
Transformational
We are inventing something completely new
The Lab would never spend more than 20% of time on these due to the low conversion rate.
The £500 Primark home
Disposable living
Do Housing Associations need Innovation Labs?
Paul Taylor
@paulbromford
Innovation Coach