How to Create a Culture of Innovation

11
by Faisal Hoque founder of HOW TO CREATE A CULTURE OF INNOVATION “An innova1ve culture begins with accep1ng that the world really has changed and being open to more changes to come.” [Cover image: Flickr user Jameel Winter]

Transcript of How to Create a Culture of Innovation

Page 1: How to Create a Culture of Innovation

by  Faisal  Hoque founder  of

HOW TO CREATE A CULTURE OF INNOVATION

“An  innova1ve  culture  begins  with  accep1ng  that  the  world  really  has  changed  and  being  open  to  more  changes  to  come.”

[Cover  image:  Flickr  user  Jameel  Winter]

Page 2: How to Create a Culture of Innovation

•  It’s important to understand that sustained innovation is a journey, not a destination.

•  Discipline and innovation are not opposites, but complements.

•  Successful organizations manage innovation from concept to commercialization.

Page 3: How to Create a Culture of Innovation

LISTEN “Members  of  an  organiza1on’s  internal  and  external  community  oDen  have  tremendous  insights  and  ideas  that  lead  to  new  innova1ons.”

1

Page 4: How to Create a Culture of Innovation

UNDERSTAND “Who  your  actual  and  poten1al  customers  are,  what  they  want  and  need,  what  they  will  need,  and  why  those  needs  have  not  yet  been  met.”

2

Page 5: How to Create a Culture of Innovation

ORGANIZE “Organize  the  resources  and  investments  needed  to  address  the  problem.”

3

Page 6: How to Create a Culture of Innovation

CREATE “Create  an  environment  and  capability  for  innova1on  by  giving  the  team  the  ability  to  fail.”

4

Page 7: How to Create a Culture of Innovation

EXPERIMENT “Experiment  and  learn  from  failure.  Conduct  many  experiments  in  parallel.”

5

Page 8: How to Create a Culture of Innovation

LISTEN AGAIN “Listen  to  what  could  go  wrong,  but  don’t  let  the  devil’s  advocate  take  control.”

6

Page 9: How to Create a Culture of Innovation

DESIGN “Design  the  concepts  to  address  customer-­‐centric  values  like  cost,  intui1ve  use,  ease  of  change,  and  sense  of  enhancement.”

7

Page 10: How to Create a Culture of Innovation

IMPLEMENT “Implement  the  final  go/no-­‐go  decision.  Consolidate  or  eliminate  compe1ng  alterna1ves  to  a  manageable  number.”

8

Page 11: How to Create a Culture of Innovation

About Me Founder  of  Shadoka  and  other  companies.  Shadoka  enables  entrepreneurship,  growth,  and  social  impact.  

Formerly  of  GE  and  other  global  brands.  Author  of  several  books,  including  Everything  Connects  –  How  to  Transform  and  Lead  in  the  Age  of  Crea<vity,  Innova<on  and  Sustainability  (McGraw  Hill,  Spring  2014)  and  Survive  to  Thrive  –  27  Prac<ces  of  Resilient  Entrepreneurs,  Innovators,  And  Leaders  (Mo1va1onal  Press,  2015).

Follow  me  @faisal_hoque.

faisalhoque.com  |  shadoka.com