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Always Be Innovating
Innovation is super important in a long-term business success. It's what comes after the initial success.
Innovation Methods elements
Open innovation: Use external and internal ideas.
Design thinking: Create empathy with the context of the problem.
Managed innovation process: Open system, allows a rapid use of suggestions.
Strategic foresight: Functional view for the future. It prepares for everything.
Innovation engine elements
Scenarios.
Corporate assets: valuable intellectual property.
Customer insight.
Organizational red lines.
Disciplined implementation.
Strategic alignment.
Why is it important?
Demonstrates leadership
Strong learning and development
Without innovation there's no innovation:
https://www.forbes.com/sites/forbescoachescouncil/2017/05/08/why-innovation-is-crucial-to-your-organizations-long-term-success/#43e021a93098
We innovate and create with:
Body
Heart
Mind
3 Keys to innovation:
Be unique
Be different
Be first
Innovation is the future always
The Five Rules for Startup Innovation
https://eobham.com/5-essential-rules-of-business-innovation/
The Five Habits of Great Startup Innovators
https://www.startuprealm.com.au/blog/33-main/employers/20-five-habits-of-successful-innovators.html
Design Thinker
10 Components of and open innovation culture
Dynamic people
Outside ideas
Value failure
Shared knowledge
Winning colaborations
Balancing R&D
Risk taking
Intellectual murkiness
Building trust
Being better not first