10 vital teachings on innovation from saul kaplan
DESCRIPTION
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
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10 Things we learned from Saul Kaplan’s
This presentation consists of 10 highlights from the interview with Moe Abdou,
founder & host of 33voices®.
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
1
What often gets in the way of innovation
is not technology, it’s you.Change it by reinventing any stubborn system you have.
2
You’re not getting better if you’re not failing -
failure is intentional iteration.
3
Innovation isn’t about some sexy new solution;it’s more about solving a problem in the real world
in a different way.
4
The best way to innovate in your organization
is to foster a community that’s passionate about doing transformational things.
5
You’ll learn the most when you’re examining different industries and disciplines.
live out on the edge
6
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.
7
The most important innovations today start with reimagining your business models.
Remember what Netflix did to Blockbuster?
8
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
9
Those who treat their end consumer today as an integral part of their value creation process,
will always have an edge over their rivals.
10
The most important metrics to measure are:
10
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.
10
The most important metrics to measure are:The lessons you’ll learn from the marketplace
10
The most important metrics to measure are:Financial metrics should come after everything,
on scaling and being repeatable.
How do you imagine, prototype and test a new business model - especially when it
might disrupt your current model?
REALLY REFLECT
