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Individual Model of Innovation - Coggle Diagram
Individual Model of Innovation
Empathy
Emotional Intelligence- perceiving and understanding different emotions and being able to effectively process and manage them
Collaboration with others - involves the exchanging of values and requires care and understanding of the other person
Affective perspective taking - learning to understand other people's emotions
The Value
Customer Intimacy
Ensuring your business has a positive relationship with your customer base
Operational Excellence
Having your business run at maximum capacity with great efficiency
Product/Service leadership
Aiming to continue innovating and seeking better solutions for the customers
Elements of Strategy - An approach to winning
Prize - What is the goal and objective?
Playing Field - Which market are we aiming for and what is it like?
Rules - what are the limitations within this market, considering internal and external factors.
Players- Who are your team and what are their skills. Applies for competing firms.
Play - What are the studies and tactics involved.
Innovation Frameworks
Design Thinking- Used to solve complicated problems
Lean Startup- Testing out new ideas even in uncertain conditions and minimising waste
Agile- Being able to withstand the uncertainty and respond to change
The cycle of Grit
Breakthrough- Getting out of a mind blank and diffusing attentions and coming up with ideas.
Rapid Progress- Developing the new ideas quickly as it involves focused attention.
Hitting a Limit- Reaching a point where the development is stopping and ideas are not flowing well.
Prolonged Frustration- Getting back into the mind blank and failing to come up with ways to get out of it
Managing uncertainty
Managing uncertainty- having small and frequent exposures in order to gain the feedback needed for the next prototype
Fish eye lens- use methods such as examining the periphery for future customers, playing devil's advocate and prioritising results
Creativity
Where does it come from - the main two sources are nature and nurture. Nature is based on openness and exploration whereas nurture is founded upon our known experiences
Types of creativity - Mental representation, mental stimulation, action potential and constraint function
Creative process - the process includes incubation, preparation, momentum and creative block
Design thinking
What is design thinking - design thinking involves finding new and improved solutions to problems through methods such as idea generation and reframing the problem
Reframing the problem - this involves trying to look at the problem from multiple angles as a way to generate more unique and potentially effective solutions
Ideation generation - the base methods for generating new ideas and helps innovators visualise the process through the use of things such as brainstorming
Innovation as a strategy
What is it- innovation as a strategy involves generating new ideas for a strategy to 'win'
Playing the odds - this involves knowing when and where to take risks and how to minimise those risks going against your favour
How to be a strategic player - having a plan for both the offensive and defensive will mean you are able to manage any situation that might appear