“THE HEART AND SOUL OF THE COMPANY IS CREATIVITY AND INNOVATION”
Bob Iger, Chairman and chief executive officer of The Walt Disney Company
USING THESE FIVE SECRETS TO REAL INNOVATION COULD MAKE ALL THE DIFFERENCE
1. Separate your innovators from the company: Your innovation teams need to interact with potential suppliers, partners, and current managers in the company.
2. Follow the Design Thinking process: Maybe some innovation happens by mistake. Think about the penicillin story. But luck is not a solid strategy to use when it comes to new product/service development.
By using a Design Thinking approach your probability of success will increase exponentially.
3. Bring in a catalyst: This seems to be a key missing piece in unsuccessful innovation projects. They go through the Design Thinking process – or something similar – but the output (prototypes) just doesn’t wow the target users. The problem is that everyone on the team is afraid to ask the hard questions.
4. Include mentors from inside and outside the company: No innovation team can possibly have the depth and breadth of skills, talents, and abilities to create effective innovations. There will always be blind-spots and/or gaps in expertise or experience. A panel of mentors needs to be recruited to help the team for a few hours each week.
5. Top Management Buy-in: This one should probably be number one on this list. Innovation is not a diversion for a company. It is the life-blood and is the only means for long-term survival. If top management is not totally committed to the innovation initiative, then you should just cancel the program.
LATEST INNOVATIVE DESIGN THINKING TOOLS
Here are a few tools to help you get things done smarter and faster and with more Wow!
WHAT DOES REAL INNOVATION LOOK LIKE?
For good ideas and true innovation,
you need human interaction,
conflict, argument, debate.
you need human interaction,
conflict, argument, debate.
– Margaret Heffernan
Entrepreneur, CEO, writer and TED speaker
Entrepreneur, CEO, writer and TED speaker