the innovation process: how to manage innovation

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The Innovation Process: The Innovation Process: how to manage innovation how to manage innovation Saskia van Stroe-Biezen Saskia van Stroe-Biezen Professor of Innovation Management Professor of Innovation Management

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The Innovation Process: how to manage innovation. Saskia van Stroe-Biezen Professor of Innovation Management. The innovation process in short. Creativity. P roduct. M arket. POM. O rganisation. Define the opportunity area. Know your customer. Idea generation. - PowerPoint PPT Presentation

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Page 1: The Innovation Process:  how to manage innovation

The Innovation Process: The Innovation Process: how to manage innovationhow to manage innovation

Saskia van Stroe-BiezenSaskia van Stroe-BiezenProfessor of Innovation ManagementProfessor of Innovation Management

Page 2: The Innovation Process:  how to manage innovation

CreativityCreativity

The innovation process in shortThe innovation process in short

Triple diamond process

Insight activation

Define the opportunity

area

Know your customer

Idea generation

Innovation funnel

Three times diverging and converging

POM

Product Market

Organisation

Page 3: The Innovation Process:  how to manage innovation

Innovation funnel:

1.Ideation phase (triple diamond)2.Feasibility phase3.Capability phase4.Launch phase5.Post-Launch phase

Ideation phase

Feasibilityphase

Capabilityphase

Post-launchphase

Launchphase

Trends, IdeasMarket infoCompetitor infoetc

Page 4: The Innovation Process:  how to manage innovation

Sustainable innovation to the core

Ist:

Page 5: The Innovation Process:  how to manage innovation

Sustainable innovation to the core

Ist: sustainable innovation is a buzz word

Soll:

Page 6: The Innovation Process:  how to manage innovation

Sustainable innovation to the core

Ist: sustainable innovation is a buzz word

Soll: sustainable innovation is a core competence

Page 7: The Innovation Process:  how to manage innovation

1. Could you describe your company’s core corporateinnovation system?

2. Does your top management regard every employee as an innovator?

3. Have you been trained as a business innovator?

4. Is innovation important in your own performance metrics and in your variable pay?

5. Would it be easy to get small amounts of experimental capital to test a new idea?

6. Do you know where to find coaches and mentors to help you push your idea forward?

7. Do the management processes (strategy planning, budgetting etc) support your work as innovator?

Sustainable innovation as core competence

Page 8: The Innovation Process:  how to manage innovation

Create preconditions for Sustainable innovation

1. Creating time and space(e.g. Google: 70/20/10 rule)

Page 9: The Innovation Process:  how to manage innovation

Create preconditions for Sustainable innovation

2. Maximize diversity of thinking(old/young, experienced/imaginative, analytical/creative, inside/outside etc)

Page 10: The Innovation Process:  how to manage innovation

Create preconditions for Sustainable innovation

3. Foster connection and conversation(make serendipity happen, make innovation democracy happen)

Page 11: The Innovation Process:  how to manage innovation

Looking at the world from a fresh perspective!

Page 12: The Innovation Process:  how to manage innovation

Looking at the world from a fresh perspective!

Four lenses:

1. Challenge orthodoxies

Page 13: The Innovation Process:  how to manage innovation

Looking at the world from a fresh perspective!

Four lenses:

2. Be aware of changes/new trends

Page 14: The Innovation Process:  how to manage innovation

Looking at the world from a fresh perspective!

Four lenses:

3. Leveraging competencies and strategic assets

Page 15: The Innovation Process:  how to manage innovation

Looking at the world from a fresh perspective!

Four lenses:

4. Understanding unarticulated needs Customer Insight!

Page 16: The Innovation Process:  how to manage innovation

LeadershipandStructure

ProcessesandTools

People andSkills

CultureandValue

The organisation as an oiled innovation machine