radiant innovation - helping you uncover the secrets of everything

WHAT IS THE POINT

OF INNOVATION ?

OR CHANGE ?AND ARE THOSE BOTH THE SAME THING ?


THE CONTEXT OF EVERYTHING (1)INVESTORS, FUNDERS, REGULATORS, EXPERTS,

SUPPLIERSCUSTOMERS

EXISTING

EMERGING

PARENTS …


COMPETITORS

With Acknowledgement to Professor Michael Porter

INDIVIDUAL

GROUPCOMMUNITYTRIBEORGANISATION

INTERNAL

EXTERNAL

PURPOSES RIGHTS and EXPECTATIONS

ENVIRONMENTS AND SYSTEMSREGULATION, CONTROL and SUPPORT

BEING - NATUREBEHAVIOURS and RIGHTS

NEEDSJOURNEYS AND PATHWAYS

THE CONTEXT OF EVERYTHING (2)

Look OUT and

AROUND you

Look IN TO YOURSELF

andASSESS HONESTLY


STRATEGY AND

PLANNINGEXECUTION RESULTS /

MEASURES


STRATEGY EXECUTION RESULTS / MEASURES

MARKET AND

CUSTOMERINPUTS

MARKETAND

CUSTOMERINPUTS

WHAT ?WHY ?

HOW ? WHO ?WHERE ?WHEN ?



MARKET AND

CUSTOMERINPUTS

MARKETAND

CUSTOMERINPUTS

EXPERTISEAND

REGULATION



MARKET AND

CUSTOMERINPUTS

MARKETAND

CUSTOMERINPUTS

EXPERTISEAND

REGULATION

“DYNAMIC”PEOPLE LIKETO FOCUS HERE …



MARKET AND

CUSTOMERINPUTS

MARKETAND

CUSTOMERINPUTS

EXPERTISEAND

REGULATION

INNOVATION IS KEY HERE … ( ONLY ) … STRATEGY TO ACTION PLANING

AND SOME SUB-PROCESSES OF EXECUTION

… IT’S ABOUT HOW YOU DO THINGS …


It’s really the detail of HOW you do things …

And maybe a little bit of when, with whomusing what tools, techniques and so on, andprecisely “where”, with what controls etc.

And finding the right balance for all of that …

But not WHY. And not how well … ( v. target / v. competition )

That’s with Strategy, Marketing, and Finance …


EXCEPTION – ENTIRELY NEW PRODUCT LINES

- MIGHT BE “WITH” MARKETING

For a while, and then

MAIN BOARD for APPROVAL, PRODUCTION,

SALES AND DISTRIBUTION, etc…


THE DOUBLE FUNNEL OF INNOVATION

GENERATE ( MANY ) MORE NEW IDEAS

SELECT BEST FEW TO

ACTUALLY WORK ON



INNOVATION IS KEY HERE … ( ONLY )


SIX THINGS THAT YOU NEED TO BE DOING TO BE INNOVATIVE

WELL !


REALITY CHECKS – MEASURE ; ASK

OPINIONS TRIAL AND ERROR- REPEAT –

( BUT WITH A CLEAR ENOUGH EXIT

STRATEGY )

MANYPERSPECTIVES

NOT THE SAME OLD, SAME

OLD

FOCUS AND BUILD UPONTHE POSITIVE

TAKE APPROPRIATE RISKS

QUESTION ALLASSUMPTIONS

CONNECTTO

INNOVATE

BASICS OF INNOVATION “GROUP PERSPECTIVE”

“INDIVIDUAL PERSPECTIVE“ © Radiant Innovation Limited 2014

HEALTH CHECK- DO PEOPLE HERE REALLY THINK ABOUT DOING THINGS BETTER ?

- DO YOU HAVE A CLEAR, VISIBLE WAY TO CAPTURE THEIR IDEAS ?

- DO YOU HAVE A WAY TO OBJECTIVELY ASSESS THEM ?

- DO YOU HAVE STRUCTURED, BALANCED METHODS TO PRIORITISE WHAT TO REALLY DO ? HOW TO MANAGE THE RISKS ?

- DO YOU HAVE STRUCTURED WAYS TO START UP PROJECTS ?

- RESOURCE THEM PROPERLY ? People, Tools, Spaces, Cash ?

- COMPARE WITH EXTERNAL BEST PRACTICE ?

- ABANDON THEM TO PROTECT RESOURCE/ REPUTATION,IF NECESSARY ?


IF YOU SCORE HIGHLY

ON ALL OF THESE THINGS,

CONSISTENTLY

THEN YOU DON’T HAVE A PROBLEM …


A FEW SENSE CHECKS ON THAT THOUGH …

- What was your last new product ?

- What was your last process change that customers would see ?

- What was your last process change that suppliers would see ?

- What is your standing relative to competitors ?

- What is your standing with investors ?

- What could damage / eliminate your industry ?© Radiant Innovation Limited 2014

What we can help you with …

- Promoting innovative attitudes and cultures

- Helping people to behave appropriately to support this

- Helping relevant key managers to define processes to helpmanage the innovation diamond

- Helping train facilitators to help you do this for real

- Help you run some workshops to radically improve your brainstorming/ problem solving

- Provide some resources/skills transfer to help your teams do this in future


Thank You


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radiant innovation - helping you uncover the secrets of everything

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