the implementation dilemma - fst · 2015-03-30 · creativity x execution = 6 8 x 1 = 8 6 x 3 = 18...
TRANSCRIPT
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The Implementation Dilemma How to Build a Sustainable Innovation Engine
Dr Munib Karavdic Director of Design & Innovation
Conjoint professor at UNSW
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“ Innovation distinguishes between
a leader and a follower.”
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The further out your idea is, the harder it is to bring into the
organisation
cold fusion incremental change
The Scary zone
The Scary Zone
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And scary zone ideas don’t play nice with structure
How do we make our
toasters faster
and cheaper?
How do we make a
better toaster?
What are new ways to
toast bread?
What are the
attributes of toasted
bread and are there
better way to achieve
these attributes?
Fit within existing structures
Ambition of a new idea
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Capacity to innovate
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Creativity X Execution
= 6
8 X 1 = 8
6 X 3 = 18
The Other Side of Innovation: Solving the Execution Challenge
X 1 6
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The implementation dilemma
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Use tradition way of delivering
Create new environment for delivery
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Traditional way of delivering – Go to Market
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The implementation solution
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1. Move from spreadsheet to prototype
2. Build a MVO incubator
3. Develop a portfolio of MVOs
4. Create a new BAU environment
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The implementation solution
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New ideas - new environment for delivery
1. MVO Incubator 2. Team training
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Principle 1. Bring in the right people, dedicated full time
Legal expert
Product
Manager
Marketing
Director
IT
Director
Consumer
Insights
Expert
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Principle 2. Use a Build-Test-Learn approach
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Principle 3. Create a high fidelity front end
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Principle 4. Use a ‘duct tape and bailing wire’ back end
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Principle 5. Measure for desirability and viability
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Principle 6. Socialise like Kim Kardashian
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Design & Innovation at AMP
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The space for collaboration
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We talked to people, developed insights…
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…built prototypes and…
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…launched minimum viable offers (MVOs)
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Onboard relevant business functions
HCD Practitioners Program
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• Emphasise making it real
• Maintain intent
• Avoid Australian Idol
• Buy some time
• Minimise organisational disruption
• Minimise cost of failure
Key learnings
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