A PATH TO GROWTH英.ppt

UNICON Fall Conference Darden Business School 2010 INNOVATION: A PATH TO GROWTH IN EXECUTIVE EDUCATION 1 AGENDA A conversation about Innovation Best Practices with a focus on 2 critical innovation processes: Strategic Reframing & Learning Launches 3 Hours of workshops where you apply these concepts 2 / 岩棉板 岩棉管 硅酸盐保温涂料 硅酸铝 INNOVATION BEST PRACTICES These research findings are derived from successful growth and innovative organizations Innovation and consistent growth are the exceptions not the rule Innovation and growth are hard Innovation and growth requires change 3 WHY IS INNOVATION SO HARD? Innovation is ANTITHETICAL to every person’s neural hardwiring Innovation is ANTITHETICAL to the objectives of most organizations Hard-wiring: Cognitive blindness, Cognitive dissonance, and Cognitive biases Organizational objectives: Predictability, reliability, standardization, minimization of variance & risks 4 THE REALITY OF INNOVATION Innovation is change Innovation is thinking differently Innovation is customer-centric not product centric Innovation results from experimental learning Innovation results in mistakes and failures Innovation is not a linear, mechanistic process 5 INNOVATION REQUIRES Right leadership Right environment Right processes That reduce individual and organizational deterrents to innovation 6 INNOVATION SYSTEMS An enabling environment that institutionalizes time and tools to innovate and rewards participation in the innovation process These systems produce a portfolio of innovation initiatives These systems institutionalize strategic reframing, experimental learning, constructive debate, constructive paranoia, and customer centricity 7 INNOVATION BEST PRACTICES Diversity of perspectives & backgrounds Non-judgmental exploration Constructive critical inquiry & debate Constructive paranoia- what are you missing Bottom-up processes Customer co-creation 8 INNOVATION BEST PRACTICES Testing new ideas: Small bets , fast Learning, iterating, co