Showing posts with label opportunity. Show all posts
Showing posts with label opportunity. Show all posts

Monday, September 12, 2011

Innovation - What's In It For Me?

Employees love success so start talking about it - all of the time. Above all, people ask 'what's in it for me?' The answer does not have to be money, think of it in terms of value where value can be one or more of:
  • recognition from the business or organisation
  • recognition from management and peers
  • monetary rewards
  • the opportunity to help others (and feel good)
  • creating a feeling of belonging
  • the opportunity to use infrequently used skills
  • the opportunity to collaborate and learn
  • the opportunity to bring something completely new into the world
It is difficult to address all of the above but your Innovation initiative can be designed to meet more than one. The number and type of benefits you cover will depend on your organisation and possibly national cultural issues.

Innovation, particularly Open Innovation is a social activity so networking activities such as using Social Media can be used to provide benefits and also to spread news of your success. Others will then be more inclined to join in and contribute. The more minds you connect, the greater the value you can generate for your business whether you seek new products and services or just process improvement.

Apart from asking themselves the question 'what's in it for me?' people will also wonder 'how painful will it be?' or 'how much effort will it take?'. All interactions involve a degree of friction or tension so let us go with this engineering metaphor and consider how we might 'oil the wheels' of our Innovation project or programme to ensure things run as smoothly as possible.

All of your contributors will take value from the project in their own way so you will need to ensure that you generate and distribute value in as many ways as possible. It is also good practice to ensure that the personal values of individuals are aligned with the values of the business.

People can also be aligned with your aims (hence pulling in the same direction) if you create a clear and compelling story about your Innovation challenge that will resonate with all of your participants. Such a story can also be used to set out goals, definition of success and rules of engagement which will help you to manage expectations. Do the groundwork first and success will follow!

Monday, July 12, 2010

What is it that you are not seeing?

Many of you will be familiar with Scott Adams’ naive and downtrodden cartoon character Dilbert who sits in a small cubicle all day working for a tyrannical boss. If you have not seen Dilbert before then take a look at www.dilbert.com. On last year’s calendar there was a scene where Dilbert and Dogbert were looking out over a panoramic scene. Dilbert said “wow look at that!” and Dogbert’s reply was “look at what?”.

There are times when we look at an issue with our colleagues and wonder why they cannot see the same things that we do. Have you ever been house hunting with someone who raves about the kitchen whilst you rave about the workshop or games room? This is much the same thing, we can all look at the same thing and see different facets or sometimes, like Dogbert, nothing at all.

Albert Einstein remarked that we are unable to solve problems in the same frame of reference in which they were created. So, to solve problems or make headway in a difficult business situation we need to re frame or change the way we look at things. These need not be dramatic changes. For instance:

  • This piece will not fit – try turning it through 90 degrees or maybe upside down
  • My customers are not buying the things I make – ask the question ‘Am I making the things that my customers want?’
  • Traffic lights – are they designed to stop accidents or manage traffic flow
  • I want to write upside down – do I need to design a pressurised pen or will a pencil do?
So try changing the way you look at the world and marvel at the increased opportunities.

Saturday, May 09, 2009

Innovation - There's a head in my shed, starting out from scratch

Many fledgling businesses do actually start out from a shed at the bottom of the garden. Hewlett Packard started this way and many other technological breakthroughs too (remember Marconi?). The shed is, however, just a metaphor for that inappropriate and often cluttered place that we find ourselves in with our good ideas. We are simply a 'head in a shed'!

It does not matter whether you are a lone inventor who really does have a shed at the bottom of their garden or you work for a large organisation and your 'shed' is your office or laboratory. You have the same problems either way.

Take a look at this news article. The student in question is obviously talented but so what? She has very neatly illustrated our problem but in reverse. We are so familiar with the appearance of our shed, its contents and immediate surroundings that we see nothing else. We need a fresh perspective, new glasses (ditch the rose tinted ones) and a new mode of thinking. To go back to the first article in this newsletter and the concept of putting animals in places where they are not supposed to go - we have an elephant in our shed with us. It is an idea that has barged in and seems too big and well formed to be moved. We must replace it with a giraffe, something more suited to the marketplace, but how? And why a giraffe?

To continue using metaphors for a moment, the elephant is the easy option. Our minds often conjure up ideas that our egos build up into great and unbeatable business opportunities. These then take over our lives and we try to turn them into reality at all costs. These have barged into our lives like a stampeding elephant into our shed. In the world of inventors, elephants are ten a penny and we find them difficult to shake off. The giraffe is altogether more elegant and not so common, but how do we replace one by the other?

Here is a list of questions that we might ask ourselves:
  1. Do I really want to do this or am I just running away from something else?
  2. Is my idea well formed?
  3. Is this really different, does it solve a problem, has it been done before?
  4. Do I know what I am talking about, do others get it when I tell them about my idea(s)?
  5. Do I really understand the target environment/marketplace?
  6. Do I wish to retain ownership, am I willing to share?
  7. Have I sought views/opinions from others?
  8. How will I put this into practice/production?
  9. Have I got the right skills?
  10. Have I/we got the right environment?

Unlike the case of the disappearing car in the news article, you should now be more aware of what you are trying to do. Your grey elephant should have turned into something more elegant and more well formed. Why not take a look at some past newsletters and use some creative techniques to help investigate your new ideas in case you have missed something?

Good luck with your transformation!