Unit 1: Innovation Basics Faculty: Dr. Al Segars
Introduction: Three aspects to define innovation: • Innovation as an outcome. • Innovation as a process. • Building an innovation tribe.
What is Innovation? • What have you seen that did NOT result in innovation? The Messiah Model is the idea that one person has a great idea to solve for innovation. • Innovation can be described as several people collaborating in a community to create great ideas. Innovation can be an accident. Innovation can be something new, novel and unique. Will need Leadership to pull people together for innovative ideas. • Example: Innovation of the banjo. Innovation as an Outcome: • Define the outcome for a project. There must be a goal line and a purpose. • Build a compelling vision. • Consistent recognition of unique opportunity. Innovation needs to happen all the time. Recognize innovation to lead, not follow, competitors. Find new opportunities (where, how, evaluate risk).
Innovation as a Process: • Give innovation boundaries. Example: Football field with no lines or goals. • Herb Simon and How We Make Decisions: o Intelligence. Gather, organize, distribute. o Design. What is possible? o Choice. Investing time and effort.
Building an Innovation Tribe: • Build a tribal aspect of a team with a greater purpose . • Tribes are built on:
o Ambition & winning o Driven by process o Powered by teams o Patience & perseverance o Guided by analytics o Always “on the march”
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