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Creativity is thinking up new things. Innovation is doing new things.
– Theodore Levitt
In.no.va.tion
Invention does not equal Innovation
Innovation = Ideas + Execution + Adoption
Ideas Execution Adoption
Types of Innovations
• Disruptive
• Sustained
Domains of Innovation
Business
Domains
Revenue
Generating
Cost
Saving
Business
Process
Business
Model
Leaders in Innovation
What can we learn from them?
75%
48% 45% 59%
33%
36%
45%
Innovation Premium. Forbes, Aug 2011
Employee Ideas
Sources of Innovation
Vision Driven
• Information rich, Orderly,
Large… often aligned with
customer needs
Idea Driven
• Interaction rich, Chaotic,
Incremental… often aligned
with customer’s wants
Top Down
Bottom Up
Sources of Ideas
0 10 20 30 40 50
R&D
Consultants
Customers
Partners
Employees
Economist Oct 2007 - IBM Global CEO Study
Innovation in Service Industry
Service is a Promise…
Promise cannot be touched, held, seen…
BUT,… felt through the services your employees provide
Give Voice to Employees
Create means for employees to contribute
It’s often the employees—rather than outside consultants—
who know a company’s products and processes best…
(Wall Street Journal, 2011)
Teach Employees How to Spot, Nurture, and Develop Ideas
M.A.S.T.E.R. Innovation Program
6-Step M.A.S.T.E.R. Innovation Program
1. Mobilize for a Purpose
2. Amass Ideas in a Central Repository
3. Support and Educate Employees
4. Triage Ideas for Validity
5. Execute Valid Ideas
6. Recognize Employees for their Contributions
It is not enough to be industrious; so are the
ants. What are you industrious about?
— Henry David Thoreau
Mobilize
Mobilize Employees for a Cause
• Vision & Purpose
• Areas of Focus
Every composer knows the anguish and
despair occasioned by forgetting ideas which
one had no time to write down.
— Hector Berlioz
Amass
System to Amass Ideas
MY BIG IDEA
The difference between “involvement” and
“commitment” is like an eggs-and-ham breakfast: the
chicken was “involved”—the pig was “committed.”
— Anonymous
Support
Support and Encourage Employees
• Time
• Seed Capital
• Encouragement
All that glitters is not gold.
— William Shakespeare
Triage
Triage and Refine Ideas
•Idea Screening Team
Validate and Refine
•Executive TeamPrioritize
•Implementation TeamImplement
An idea is worthless unless you use it.
— John Maxwell
Execute
Plans to Execute Ideas
Timely implementation of ideas encourages more ideas…
Appreciation is a wonderful thing: It makes what is
excellent in others belong to us as well.
— Voltaire
Recognize
Recognize Employees
• Prop
for accepted ideas
• Wall of Fame
for implemented ideas
Mix of intrinsic and extrinsic rewards… but, emphasize intrinsic rewards
Program Rollout
• Sell it to Employees
• Recruit Idea Screening Team Members
• Create Recurring Meetings
• Recognize Contributors and Promote the
Program
• Solicit Feedback to Refine the program
Lessons Learned
Lead With Passion
Not Another Initiative
You Can’t be an Olympian in a Day
Innovation has a Shelf Life
Novelty
Quality
Commodity
Exclusivity
Ideas are Just the Beginning
1% inspiration and 99% Perspiration – Edison
It’s a Journey
• Small Wins
• Prototype
• Fail Frequently, Fail Early
• Test, Refine, Implement, Refine…
• Continuous Learning
Step-by-Step Guide for Starting A Bottom-up
Innovation Program
Daniel Pink: “The Bright Idea Box is part
inspiration, part workbook, part resource, and a
book everyone can learn from.”
Brian Tracy: “This powerful, practical book
shows you how to motivate, inspire, and get the
very best out of each person in your company.”
Marshall Goldsmith: “The Bright Idea Box
teaches you how to create practical, viable
programs that will transform the company and
the bottom line!”
Much Admired Book of the Year!
Thank you!
Jag Randhawa
Author of THE BRIGHT IDEA BOX
www.TheBrightIdeaBox.com
http://www.amazon.com/dp/B00HMTDQDK

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