10 Vital Teachings on Innovation from Saul Kaplan

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we help you discover smarter ways to think, grow, and live. 10 Things we learned from Saul Kaplan’s

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Saul Kaplan is the founder and chief catalyst of the Business Innovation Factory (BIF), a real-world laboratory for exploring and testing new business models and social systems. BIF has attracted a global community of over 5,000 innovators and organizes the internationally renowned BIF Collaborative Innovation Summit. He's also a regular contributor to the Harvard Business Review, Fortune, and Bloomberg Businessweek.

Transcript of 10 Vital Teachings on Innovation from Saul Kaplan

Page 1: 10 Vital Teachings on Innovation from Saul Kaplan

we help you discover smarterways to think, grow, and live.

10 Things we learned from Saul Kaplan’s

Page 2: 10 Vital Teachings on Innovation from Saul Kaplan

This presentation consists of 10 highlights from the interview with Moe Abdou,

founder & host of 33voices®.

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Saul KaplanSaul Kaplan is the founder and chief catalyst of the Business Innovation Factory (BIF), a real-world laboratory for exploring and testing new busi-ness models and social systems. BIF has attracted a global community of over 5,000 innovators and organizes the internationally renowned BIF Col-laborative Innovation Summit. He’s also a regular contributor to the Har-vard Business Review, Fortune, and Bloomberg Businessweek.

@skap5

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What often gets in the way of innovation

is not technology, it’s you.Change it by reinventing any stubborn system you have.

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You’re not getting better if you’re not failing -

failure is intentional iteration.

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Innovation isn’t about some sexy new solution;it’s more about solving a problem in the real world

in a different way.

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The best way to innovate in your organization

is to foster a community that’s passionate about doing transformational things.

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You’ll learn the most when you’re examining different industries and disciplines.

live out on the edge

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Expect to iterate at least 3-6 times before you’ll get your model right.Put it out, see if it works, tweak it, and scale it.

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The most important innovations today start with reimagining your business models.

Remember what Netflix did to Blockbuster?

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It doesn’t matter what tool you use.Be able to tell the story behind your business model -

How you create, deliver and capture value

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Those who treat their end consumer today as an integral part of their value creation process,

will always have an edge over their rivals.

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The most important metrics to measure are:The time to get your idea to a working prototype

and in the hands of your initial customers.

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The most important metrics to measure are:The lessons you’ll learn from the marketplace

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The most important metrics to measure are:Financial metrics should come after everything,

on scaling and being repeatable.

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How do you imagine, prototype and test a new business model - especially when it

might disrupt your current model?

REALLY REFLECT