2011 03-i m-breakthrough-makinginnovationrealroundtable
DESCRIPTION
Making Innovation Real Within Your Organization - Round Table DiscussionTRANSCRIPT
Making Innovation Real
iMedia Breakthrough SummitMarch 2011
Interviews: The Innovator’s DNA• Michael Dell, Dell• Pierre Omidyar, eBay• Niklas Zennstrom, skype• Marc Benioff,
salesforce.com
• Scott Cook, Intuit• Peter Thiel, Paypal• Jeff Bezos, Amazon• Michael Lazaridis, RIM
Skills for Discovery• Associating• Questioning• Observing• Experimenting• Networking
Discovery: Associating• Connecting unrelated problems or ideas: Medici
effect• Understanding, categorizing and storing new
knowledge
Discovery: Questioning• Why, why not and what if?• Imagine opposites• Embrace constraints
Discovery: Observing• Scrutinizing common phenomena can produce
uncommon business ideas• Carefully, intentionally and consistently look out for
small behavioral details: customers, suppliers, competitors and potential competitors
Discovery: Experimenting• Doing not just watching• Tinkering is OK• Failures drive successes
Discovery: Networking• Go out of your way to meet people with different
ideas• Test ideas through a diverse network of individuals
Keys to Innovation• Passion for changing the status quo: “putting a ding
in the universe”• Fostering risk taking• Encouraging free thinking: devil’s advocacy• Breaking down silos
Three Key Questions• What are the barriers to innovation within your
organization?• How can you break down those barriers to create a
competitive advantage?• How can you foster a culture of risk taking and
experimentation?
“If the people running Amazon.com don’t make some significant mistakes, then we
won’t be doing a good job for our shareholders because
we won’t be swinging for the fences.”
Curt Viebranz, CEOad summos, Inc.