bof americas 2011: innovate like edison
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America’s Greatest Innovator, Thomas Edison: 1847-1931
Miller/Edison Heritage
Robert Anderson Miller Mina Miller Edison
Lewis Miller
Edison Created New Markets
• Pioneered 6 industries:
– Document duplication (1873)
– Telecommunicat’ns (1876) – Recorded sound (1877) – Electrical power (1879) – Motion pictures (1893) – Portable power (1905)
Edison’s Innovation Culture
• Edison set the innovation “climate”
• Employees owned the culture
• Dynamic interaction between leaders, employees
Five Competencies of Innovation™
1. Solution-centered Mindset
2. Kaleidoscopic Thinking
3. Full-spectrum Engagement
4. Master-mind Collaboration
5. Super-value Creation
Edison Innovation Literacy Blueprint™ ©2007 – 2011 Sarah M. Caldicott
Solution-Centered Mindset
Kaleidoscop-ic Thinking
Full Spectrum
Engagement
Master Mind
Collaboration Super-Value
Creation Align Your
Goals to Your Passions
Maintain a Notebook
Intensity & Relaxation
Recruit for Chemistry &
Results
Link Market Trends With Core
Strengths
Cultivate Charismatic
Optimism
Practice Ideaphoria
Seriousness & Playfulness
Design Multi-
Disciplinary Collaboration
Teams
Tune Into Your Target
Audience
Seek Knowledge Relentlessly
Discern Patterns
Sharing & Protecting
Inspire an Environment of Open Exchange
Apply the Right Business
Model
Experiment Persistently
Express Ideas Visually
Complexity & Simplicity
Reward Collaboration
Understand Scale-Up Effects
Pursue Rigorous Objectivity
Explore the Road Not
Taken
Solitude & Team
Become a Master
Networker
Create an Unforgettable
Market-Moving Brand
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Edison believed that nature expressed itself in precise mathematical patterns. His belief in the omnipresence of these patterns gave him unshakeable confidence that he could ultimately decipher Nature’s codes.
E4. Experiment persistently
E9. Express ideas visually
Edison used drawings as a
way to capture his
intellectual property, and
communicate in a diverse
environment.
E14. Complexity and simplicity
“Nothing is less productive than
to make more efficient that
which should not be done in the
first place.”
- Peter Drucker
E18. Inspire open exchange
“He conversed, argued and
disputed with us all as
though he were a colleague
on the same footing.” - Dyer and Martin
E23. Apply the right business model
“Until there’s a viable business
solution there is no opportunity.”
- Carlson and Wilmot
TEDxPeachtree Speech
• November 4th, 2011
• Atlanta, GA
• On YouTube!
• e-Book from Wiley Publishing
• “What Would Thomas Edison Be Doing Today?”
Contact Information Sarah Miller Caldicott
The Power Patterns of Innovation 7115 North Ave, Suite 312
Oak Park, IL 60302 T: 708-445-9335 C: 954-328-0384
W: www.powerpatterns.com E: [email protected]