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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 />

43


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 />

52


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

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