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InnovationToo busy with day to day activities, you can’t solve your hardest problem?

CIO Academy 2017

Cathy Cleek & Josh Nisbet

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Is this you?

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Transport to another place…..

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The basics…

Innovation is the CREATION

of a VIABLE NEW

OFFERING.

Innovation requires IDENTIFYING the PROBLEMS THAT

MATTER and moving through them

systematically to deliver ELEGANT

solutions. Source: “Ten Types of Innovation”, Keeley

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“Reasonable-Sounding” Reasons Not to Innovate

1.We’re too inwardly focused.2.We know our industry better than anyone. 3.Our culture is too risk averse. 4.We don’t know how to be creative or generative, only

analytical and evaluative.5.We find it difficult to brings ideas from concept to

delivery.6.Innovation is easier in a smaller organization.

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Astro Teller

Great dreams aren't just visions. They're visions coupled to strategies for making them real.

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https://www.ted.com/talks/astro_teller_the_unexpected_benefit_of_celebrating_failure

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Astro Teller’s Moonshot Factory’s Three Steps

1.Identify a huge/hard problem.

2.Using Breakthrough Technology/Exponential Technology

3.Identify a Radical Solution

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Step 1: Identify a huge/hard problem that need to be

solved

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Tip from Michelangelo

The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.

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Step 1: Identify a huge/hard problem that needs to be solved.

1.

2.X

3.x

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Step 2: Use Breakthrough Technology/Exponential

Technology

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Why exponential technology?

LINEAR EXPONENTIAL

INCREMENTAL (5%)

STEP 1

STEP 2

STEP 30

Difference between steps 29 & 30

1 Meter

1 Meter

1 Meter

30 Meters >1,000,000,000 Meters(26X around the planet)

2 Meters1.05 Meters

1 Meter

71 Meters

1 Meter

4 Meters 500,000,000 Meters

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Ideas from Vivek Wadhwa

Breakthrough Technologies aka Exponential Technologies1. Computers – Moore’s Law2. Artificial Intelligence3. Medicine4. Robotics5. 3 D Printing6. IOT7. Social Media (PROLIFERATION)

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Step 3: Identify a radical solution

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Tip from Astro Teller

The world is not limited by IQ. We are limited by bravery and creativity.

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Tip from Tom Peters

Almost all improvement comes via simplification of design, manufacturing, layout, processes, and procedures.

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Example

Driverless Car

What pieces do I need?

Eyes

Ears

Arms

Hands/Feet

Brain

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Group Exercise

1. Groups of three2. Share problem. 3. Brainstorm solution.4. Share with group.

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Sharing of solutions with group

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Step 4: Identify the first step in your plan to solve this

problem

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Tip from Lily Tomlin

I always wondered why somebody didn't do something about that and then I realized I am somebody.

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Tip from Steve Maraboli

Rise to the challenge of bringing your dreams to life! Do not be discouraged by resistance, be nourished by it. Success is the experience of rising to the level of your true greatness.

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Cathy’s Observations Tips

Don’t take no for an answer. Change the question. When you get no. Start listening. “Seek first to understand.”

Understand the concern(s). When discussing options. Use “power of the pen”. Put options in

writing. If you sense fear. Break solution into smaller steps. Crawl. Walk.

Run. Remember, there is not one way to solve a problem.

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Josh’s 2 Observations…

1. Capability Over Culture… Work on the one and the other will take care of itself!

Approach / Organization / Resources / Metrics & Incentives

2. Sponsors Catalyze Innovation… Overcome inertia and set the conditions!

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One more thought from Astro Teller

When you attack a problems as though it were solvable, even though you don’t know how to solve it, you will be shocked with what you come up with. It’s 100 times more worth it. It is never 100 times harder.

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Challenge

All of you have identified a major problem in your organization that needs to be solved. Please make this an hour of your time well spent.

Challenge: Leave today being committed to working on solving that problem.

Be closer to a solution one year from now…

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Questions?