Igniting Innovation
Igniting Innovation
Igniting Innovation
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<strong>Igniting</strong> <strong>Innovation</strong><br />
Thinking Differently to Drive Change and Create New Value<br />
futurethink<br />
www.getfuturethink.com<br />
1
Think Differently<br />
Change one thing to make this<br />
equation work:<br />
IX = VI<br />
2
Think Differently<br />
Change one thing to make this<br />
equation work:<br />
SIX = VI<br />
IX ≠ VI<br />
3
Think Differently<br />
Move one circle so that there<br />
are 4 circles in just two rows:<br />
4
Think Differently<br />
Move one circle so that there<br />
are 4 circles in two rows:<br />
5
Think Differently<br />
How could you reduce the<br />
number of parking violations<br />
for 2 hour parking spots?<br />
6
Think Differently<br />
How could you reduce the number of<br />
parking violations for 2 hour parking<br />
spots?<br />
7
THE PROBLEM WITH PROBLEM SOLVING<br />
“understanding the problem, is the solution” - anonymous<br />
“When we all think alike,<br />
then no one is thinking.”<br />
8
Top CEOs agree that creativity is the most<br />
important leadership quality<br />
•Creativity listed as most<br />
important leadership quality<br />
for the next five years.<br />
Top Leadership Qualities<br />
•Given current economy,<br />
"creativity itself has been<br />
elevated to a leadership<br />
style”.<br />
Source: IBM Global Chief Executive Officer Study, 2010<br />
9
Creative CEO’s score higher on innovation capabilities<br />
• IBM found creative leaders to be much more prepared to<br />
innovate<br />
• Creative CEO’s were between 10-20% more likely to pursue<br />
innovation through business model change – not incremental<br />
improvements.<br />
+17%<br />
Source: IBM Global Chief Executive Officer Study, 2010<br />
10
Too Much Focus on BAU<br />
Most companies don’t have the time or tools to look<br />
at what’s next for their business.<br />
11
<strong>Innovation</strong> Is About Striking a Balance<br />
Really innovative companies know they need to<br />
think about innovation along a spectrum….<br />
12
<strong>Innovation</strong> Is About Striking a Balance<br />
Exploit<br />
Explore<br />
Really innovative companies know they need to<br />
think about innovation along a spectrum….<br />
13
Leaders Know Creativity and <strong>Innovation</strong> Are Critical<br />
<br />
Involves<br />
<br />
Everyone<br />
<br />
<strong>Innovation</strong><br />
<br />
They<br />
a high tolerance for risk and change—<br />
not everything is a winner<br />
should be involved—internally and externally<br />
is a strategic priority – not an event or contest.<br />
expect people to think differently.<br />
14
Develop a stream<br />
of original ideas<br />
tied to real<br />
business needs<br />
1. Forward Thinking: Think Forward, Think BIG<br />
2. Collaborative Thinking: Partnering to Get Better Ideas<br />
to Market Faster<br />
15
Develop a stream<br />
of original ideas<br />
tied to real<br />
business needs<br />
1. Forward Thinking: Think Forward, Think BIG<br />
2. Collaborative Thinking: Partnering to Get Better Ideas<br />
to Market Faster<br />
16
“The best way to predict the future is to<br />
create it.”<br />
– Alan Kay<br />
17
FORWARD THINKING<br />
“If I’d asked people what<br />
they wanted, they would<br />
have told me a faster horse.”<br />
--Henry Ford, founder Ford Motor Company<br />
18
Role Model – Think Forward, Think Big<br />
Siemens’ Pictures of the Future utilizes<br />
scenario planning to look far into the<br />
future to determine Siemens’ place within<br />
Are<br />
it. As<br />
you<br />
part of the<br />
open<br />
effort, Siemens<br />
to<br />
publishes<br />
magazines and reports with in-depth<br />
studies and predictions<br />
BIG ideas?<br />
19
Jet Engine<br />
Pointy Thing<br />
Propeller<br />
Wing<br />
20
Yes/And, Yeah/But, What Else?<br />
21
Jet Engine<br />
Pointy Thing<br />
Propeller<br />
Wing<br />
22
Discuss.<br />
27
―This 'telephone' has too many shortcomings to be<br />
seriously considered as a means of communication.<br />
The device is inherently of no value to us.‖<br />
– Western Union internal memo, 1876<br />
28
Develop a stream<br />
of original ideas<br />
tied to real<br />
business needs<br />
1. Forward Thinking: Think Forward, Think BIG<br />
2. Collaborative Thinking: Partnering to Get Better Ideas<br />
to Market Faster<br />
29
Role Model: Collaborative Thinking<br />
Internal ‘Tagging’ Systems<br />
to Find Company Zeigeist!<br />
Video Communication<br />
Oracle Sun<br />
Smart Grid<br />
economy<br />
solar<br />
Retirement<br />
Tag Cloud<br />
30
Role Model: Collaborative Thinking<br />
31
Discuss:<br />
In what ways could you better<br />
collaborate?<br />
32
SHARE AN IDEA<br />
33
You are the IRS.<br />
How can you become the most innovative<br />
department within the US government?<br />
34
You are Starbucks.<br />
How can you expand your business to<br />
appeal to pet owners?<br />
35
You are Porsche.<br />
How can you become the<br />
‘healthiest’ car company?<br />
36
Share an Idea<br />
As a group, determine<br />
your top idea<br />
Generate a Great Idea<br />
You have 7 minutes<br />
37
Building On and Improving the Great Idea<br />
As a group, build on the<br />
idea to make it more<br />
successful<br />
ROTATE: Improve on It<br />
You have 7<br />
minutes<br />
38
Final Thoughts…<br />
As a group, reading<br />
through the input so far,<br />
list any additional<br />
thoughts to enhance<br />
this idea<br />
Final Thoughts<br />
You have 5<br />
minutes<br />
39
Discuss:<br />
What was it like to share your ideas?<br />
Was it easy or hard to give them up?<br />
To inherit them?<br />
40
Incremental Thinking<br />
Small improvements can make a big difference<br />
“Anyone that thinks small<br />
improvements can’t make a<br />
big difference should<br />
remove the cup holders<br />
from their car.”<br />
--Engineer, General Motors<br />
41
40 NEW OPPORTUNITIES<br />
42
ENHANCE ACTIVITY<br />
40 OPPORTUNITIES<br />
• Instructions:<br />
1) Look at your flipchart and the Opportunity assigned to you<br />
2) Grab handful of BLUE post-its<br />
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YOU OWN A<br />
MOVIE THEATER<br />
44
HOW CAN YOU<br />
CREATE MORE<br />
VALUE FOR<br />
YOUR BUSINESS?<br />
45
1. Alternative Uses:<br />
• What else can we do with a theater?<br />
• How do we use our ‗unused‘ capacity to make money?<br />
• How can we better use less popular times for other things?<br />
2. Self-Service:<br />
• What opportunities exist for customers to self-serve?<br />
• What can we stop controlling?<br />
• What parts of the process can be ‗do it yourself‘?<br />
46
GREAT IDEAS<br />
5 Min.<br />
47
No Rules<br />
Ideas<br />
5 Min.<br />
48
OUTRAGEOUS<br />
FUN<br />
Ideas<br />
5 Min.<br />
49
PICK TOP 2<br />
2 Min.<br />
50
Ideas!!!<br />
51
Alternative/Off-Season Uses<br />
Lowes Cinemas runs a Reel Moms program to allow new mothers to bring their<br />
babies (free of charge) to the movies during the day, when regular<br />
attendance is low.<br />
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Alternative/Off-Season Uses<br />
53
IDEAS<br />
Push it!<br />
Push it further!<br />
TIME<br />
54
Develop a stream<br />
of original ideas<br />
tied to real<br />
business needs<br />
1. Forward Thinking: Think Forward, Think BIG<br />
2. Collaborative Thinking: Partnering to Get Better Ideas<br />
to Market Faster<br />
55
How innovative are you?<br />
56
How innovative are you?<br />
How many questions can you answer “YES” to?<br />
1. We’re continually coming up with or seeking out new ideas.<br />
2. We seek out innovative ideas from all levels & divisions of my organization.<br />
3. We try to partner with people/firms outside the company to develop new ideas.<br />
4. I encourage myself and my team to try new things when it comes to our innovation efforts.<br />
5. My team knows where to go to learn more about innovation and trends.<br />
6. We often look at what other industries are doing to learn from them.<br />
7. We actively support a culture of curiosity and open dialogue within our company.<br />
8. We have the tools in place to better collaborate and get ideas to market faster.<br />
9. People in our organization are encouraged to take risks within certain boundaries, and<br />
they/we know what those boundaries are.<br />
10. (I) Leadership actively participates in finding the future (not just talking about it)<br />
57
How innovative are you?<br />
58
How innovative are you?<br />
How many questions can you answer “YES” to?<br />
1. We’re continually coming up with or seeking out new ideas.<br />
2. We seek out innovative ideas from all levels & divisions of my organization.<br />
3. We try to partner with people/firms outside the company to develop new ideas.<br />
4. I encourage myself and my team to try new things when it comes to our innovation efforts.<br />
5. My team knows where to go to learn more about innovation and trends.<br />
6. We often look at what other industries are doing to learn from them.<br />
7. We actively support a culture of curiosity and open dialogue within our company.<br />
8. We have the tools in place to better collaborate and get ideas to market faster.<br />
9. People in our organization are encouraged to take risks within certain boundaries, and<br />
they/we know what those boundaries are.<br />
10. (I) Leadership actively participates in finding the future (not just talking about it)<br />
59
How innovative are you?<br />
How many questions can you answer “YES” to?<br />
1. We’re continually coming up with or seeking out new ideas.<br />
2. We seek out innovative ideas from all levels & divisions of my organization.<br />
3. We try to partner with people/firms outside the company to develop new ideas.<br />
4. I encourage myself and my team to try new things when it comes to our innovation efforts.<br />
5. My team knows where to go to learn more about innovation and trends.<br />
How will you improve your score by 2?<br />
6. We often look at what other industries are doing to learn from them.<br />
7. We actively support a culture of curiosity and open dialogue within our company.<br />
8. We have the tools in place to better collaborate and get ideas to market faster.<br />
9. People in our organization are encouraged to take risks within certain boundaries, and they/w<br />
know what those boundaries are.<br />
10. (I) Leadership actively participates in finding the future (not just talking about it)<br />
60
Tips & Tricks to Get You Started<br />
61
<strong>Innovation</strong> Resources and Tips<br />
Google the Future<br />
62
Think About:<br />
What topic or industry would you search on?<br />
What time horizon would you use?<br />
63
<strong>Innovation</strong> Resources and Tips<br />
What are you reading?<br />
Cast a wider net if you want to start thinking differently.<br />
• Trendhunter.com<br />
• Trendwatching.com<br />
• futurethinking<br />
• Springwise.com<br />
• <strong>Innovation</strong>watch.com<br />
• Longbets.org<br />
64
Think About:<br />
What 2 new resources will you start to scan<br />
to learn new things?<br />
65
<strong>Innovation</strong> Resources and Tips<br />
Look to different (or even unrelated) industries<br />
• Research a topic you know nothing about and connect the dots to your own<br />
business: What ideas come to mind?<br />
66
Think About:<br />
What unrelated industry could inspire new thinking<br />
for your business or group?<br />
67
<strong>Innovation</strong> Resources and Tips<br />
Create an <strong>Innovation</strong> Advisory Board<br />
• Pick 3 people from outside<br />
• Set up an online forum to centralize discussion<br />
• Create a Topics Calendar to fuel the interaction<br />
•<br />
68
Think About:<br />
What 3 people or organizations would you put on your<br />
innovation advisory board?<br />
69
<strong>Innovation</strong> Resources and Tips<br />
Find a Younger Mentor<br />
Learn about their world, their technology, their ‘communities’.<br />
70
Think About:<br />
Who do you know that could teach you something NEW?<br />
What would you want to learn?<br />
71
<strong>Innovation</strong> Resources and Tips<br />
• Visit a new store, different coffee shop – do something out of the ordinary to<br />
discover the extraordinary<br />
Be the Accidental Tourist<br />
72
What is an Innovative Company?<br />
Think About:<br />
Discuss:<br />
What habits can<br />
•Who<br />
you<br />
are today’s<br />
change<br />
leading<br />
to experience<br />
innovators?<br />
something<br />
different?<br />
•What makes a company innovative?<br />
73
<strong>Innovation</strong> Resources and Tips<br />
Identify Rules to Break or Change<br />
“Kill a Stupid Rule” -- Challenges teams to identify “stupid” banking rules<br />
that fail to satisfy people’s needs<br />
74
<strong>Innovation</strong> Resources and Tips<br />
Nielsen Research<br />
75
What is an Innovative Company?<br />
Think About:<br />
Discuss:<br />
What one rule would you love to<br />
•Who are today’s leading innovators?<br />
KILL •What or CHANGE makes a company in your innovative? company?<br />
76
<strong>Innovation</strong> Resources and Tips<br />
Kill the Company (or Product)<br />
To beat the competition, think like them. Take time with our team to<br />
brainstorm what keeps your competitors up at night. How are they going to<br />
beat you?<br />
77
What is an Innovative Company?<br />
Think About:<br />
Discuss:<br />
If you were your<br />
•Who<br />
competitor,<br />
are today’s<br />
what<br />
leading<br />
two<br />
innovators?<br />
things would you do<br />
to put you out of business?<br />
•What makes a company innovative?<br />
78
<strong>Innovation</strong> Resources and Tips<br />
Listen.<br />
Establish a listening day where you<br />
make an effort to minimize speaking and<br />
just listen<br />
79
What is an Innovative Company?<br />
Think About:<br />
Discuss:<br />
What can you personally start doing tomorrow to<br />
•Who are today’s leading innovators?<br />
create change?<br />
•What makes a company innovative?<br />
80
Which tip will you use<br />
first?<br />
81
How will you think differently to handle change?<br />
futurethink<br />
www.getfuturethink.com<br />
83
Thank you.<br />
Questions?<br />
Visit: www.getfuturethink.com<br />
Email: lbodell@getfuturethink.com<br />
84
BIGGEST takeaway?<br />
Which examples INSPIRED you?<br />
Which TOOL will you use first?<br />
• Yes/And, Yeah But, What else?<br />
• 40 Opportunities<br />
• Share an Idea<br />
85
Develop a stream<br />
of original ideas<br />
tied to real<br />
business needs<br />
1. Forward Thinking: Think Forward, Think BIG<br />
2. Incremental Thinking: Enhance Current Offerings<br />
3. Collaborative Thinking: Partnering to Get Better Ideas<br />
to Market faster<br />
86
“I can't understand why people are frightened of new ideas.<br />
I'm frightened of the old ones.”<br />
– John Cage<br />
87