innovation vs. best practice

78
Innovation vs. Best Practice Eric Reiss @elreiss Barcelona Startups, 19 September 2013 Barcelona, Catalonia What is it? Why bother? Who cares?

Post on 18-Oct-2014

1.654 views

Category:

Business


4 download

DESCRIPTION

My presentation to the Barcelona Internet Start-up Group on September 19, 2013.

TRANSCRIPT

Page 1: Innovation vs. Best Practice

Innovation vs. Best Practice

Eric Reiss@elreiss

Barcelona Startups, 19 September 2013Barcelona, Catalonia

What is it?Why bother?Who cares?

Page 2: Innovation vs. Best Practice
Page 3: Innovation vs. Best Practice

Source: Financial Times, 6 October 2010

Page 4: Innovation vs. Best Practice

in·no·va·tionnoun

1 : the introduction of something new2 : a new idea, method, or device

Page 5: Innovation vs. Best Practice

best prac·ticenoun

1 : best way of doing a thing2 : a tested idea, method, or device

Page 6: Innovation vs. Best Practice
Page 7: Innovation vs. Best Practice

Best practices representshort-term solutions.

Innovation buildslong -term success.

Page 8: Innovation vs. Best Practice

If you always do it for the so -called gurus ,you will never build our industry !

Page 9: Innovation vs. Best Practice

And if you do it for yourself ,you’re doing it for the wrong reason!

Page 10: Innovation vs. Best Practice

Three bad reasons to innovate

To differentiate your product/serviceTo be “original”To satisfy your ego

Page 11: Innovation vs. Best Practice
Page 12: Innovation vs. Best Practice
Page 13: Innovation vs. Best Practice
Page 14: Innovation vs. Best Practice

“pushing the envelope” ≠ innovation

Page 15: Innovation vs. Best Practice

“chindogu ” ≠ innovation

Page 16: Innovation vs. Best Practice

being “original” ≠ innovation

Page 17: Innovation vs. Best Practice

satisfying your ego ≠ innovation

Page 18: Innovation vs. Best Practice

Rosser Reeves

“Do you want art? Or do you want thef*cking sales curve to go up?”

Page 19: Innovation vs. Best Practice

Experiment

Page 20: Innovation vs. Best Practice

Invention

Page 21: Innovation vs. Best Practice

Invention

Page 22: Innovation vs. Best Practice

Innovation

15 April 1912

Page 23: Innovation vs. Best Practice
Page 24: Innovation vs. Best Practice
Page 25: Innovation vs. Best Practice

to solve a problem!

There is only one reason to innovate…

Page 26: Innovation vs. Best Practice

Law of Innovation #1

If an innovation does not solve a problem, it will create one.

Page 27: Innovation vs. Best Practice

Let’s look at mouthwash ...

Page 28: Innovation vs. Best Practice
Page 29: Innovation vs. Best Practice
Page 30: Innovation vs. Best Practice

Law of Innovation #2

Problems do not exist in isolation.Solutions often have unintendedconsequences.

Page 31: Innovation vs. Best Practice

Enfield M1853

• Technological• Social• Political

Page 32: Innovation vs. Best Practice

Gus the cat

Page 33: Innovation vs. Best Practice
Page 34: Innovation vs. Best Practice
Page 35: Innovation vs. Best Practice

People

Processes

Technologies

Page 36: Innovation vs. Best Practice

User Centered Design

Users

Innovate >

Page 37: Innovation vs. Best Practice

User Driven Design

Users

Innovate >

Page 38: Innovation vs. Best Practice

Important note:

Unhappy customers are dangerous

Page 39: Innovation vs. Best Practice
Page 40: Innovation vs. Best Practice
Page 41: Innovation vs. Best Practice

Law of Innovation #3

Invention may be accidental.Innovation is always planned.

Page 42: Innovation vs. Best Practice

Fact:

Innovators often break the established rules .

Page 43: Innovation vs. Best Practice

Law of Innovation #4

Innovators understand the rules.

This is the difference betweeninnovation and idiocy.

Page 44: Innovation vs. Best Practice
Page 45: Innovation vs. Best Practice

Law of Innovation #5

Intuitive solutions do notneed instructions.

Page 46: Innovation vs. Best Practice
Page 47: Innovation vs. Best Practice
Page 48: Innovation vs. Best Practice
Page 49: Innovation vs. Best Practice
Page 50: Innovation vs. Best Practice
Page 51: Innovation vs. Best Practice

Intuition Instruction

Website Driving a car

Low High

Barrier to entry

Page 52: Innovation vs. Best Practice

Incremental Distruptive

Type of innovation

Page 53: Innovation vs. Best Practice

Do we have a digital revolution?Do we have disruptive innovation?Do we need to start from scratch?

Page 54: Innovation vs. Best Practice

No! We apply old skills in new ways

Page 55: Innovation vs. Best Practice

Law of Innovation #6

Innovation almost always represents the combination oftwo well-known technologies tocreate a new, useful synthesis.

Page 56: Innovation vs. Best Practice
Page 57: Innovation vs. Best Practice

eturn n nvestmentR“My problem is greater than the

effort needed to learn the system”

O I

Page 58: Innovation vs. Best Practice
Page 59: Innovation vs. Best Practice

Best practice is not the same astradition or habit .

Page 60: Innovation vs. Best Practice

Highland Park High School Math Club - 1969

Page 61: Innovation vs. Best Practice

Invention

Innovation Lifecycle

Innovation

Best practice

Habit

Innovation

Best practice

Fashion

Old-fashioned

Time

Pro

gres

s

Page 62: Innovation vs. Best Practice
Page 63: Innovation vs. Best Practice
Page 64: Innovation vs. Best Practice
Page 65: Innovation vs. Best Practice
Page 66: Innovation vs. Best Practice
Page 67: Innovation vs. Best Practice
Page 68: Innovation vs. Best Practice
Page 69: Innovation vs. Best Practice
Page 70: Innovation vs. Best Practice
Page 71: Innovation vs. Best Practice
Page 72: Innovation vs. Best Practice

What are the warning signs offad and fashion ?

Page 73: Innovation vs. Best Practice

Watch out if...

Your solution is only being used in yourlocal market

Your solution is only being used by a singlebranch or industry

Your solution looks like something you alsodid last week

Page 74: Innovation vs. Best Practice

Do we have a community of practice ?

Page 75: Innovation vs. Best Practice

“It’s amazing how much we canaccomplish when you don’t carewho gets the credit.”

Harry S. Truman

Page 76: Innovation vs. Best Practice

If we do not demand good design ,we will never receive it.

Don’t just prevent bad things from happening,you can make wonderful things happen!

Page 77: Innovation vs. Best Practice

Gracias !

Page 78: Innovation vs. Best Practice

You can (usually) find Eric at:The FatDUX Group ApSStrandøre 15DK-2100 CopenhagenDenmark

Office: (+45) 39 29 67 77Mobil: (+45) 20 12 88 44Twitter: @[email protected]