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FALL 2012
Class Summary




                December	
  10,	
  2012	
  
•    Course Overview
•    Textbooks
•    Case Studies
•    Group Project
•    Supplement Exercises &
     Materials


                              2
Imagination                            Creativity                              Innovation
The Power of Dreams                     Invention & Building                     Maximizing Value
Imagining what does not yet exist       The use of imagination to invent         The use of resources and
beyond our senses                       and build new things                     processes to diffuse inventions


TEACHING METHODS
Text Books                 Case Studies                 Group Proj                      Supplements
Ideas & Entrepreneurship   Product & Mgt Innovations     Collaboration & Leadership      Guest Speakers, Discussions, Essays




                                                                                                                         3
“Chance favors
                                                       the connected
                                                       mind.”
 Steven Johnson
Where Good Ideas Come
From
The natural history of innovation


Predictable Patterns
Adjacent         Slow          Liquid   Error   Serendipity Platforms   Exaptation
Possible         Hunch         Networks


                                                                                 4
“A startup is an
                                                organization built
                                                to search for a
                                                scalable business
 Steve Blank                                    model”
The Startup Owner’s
Manual
A Step by Step Guide


Advice For Startups
Customer               Minimum Viable   Business Model   Persist OR
Development            Product          Canvas           Pivot


                                                                      5
Students’ reflections on
                                                  what makes an
                                                  innovative product
                                                  varied widely
 Innovative Product
Secondary Research
Finding and reviewing an innovative
product (or company)


Nature of Innovation
Original Product                      Creative Business Model   Impact on Society



                                                                                    6
Students’ gained insight
                                               on the various levers of
                                               innovation
 Innovative Practice
Primary Research
Interviewing leaders & stakeholders of an
innovative practice (mgt innovation)


Levers of Innovation
Company Culture &                   Resource Allocation &   Programs to Foster
Openness To New                     Structures to Support   Internal & External
Ideas                               New Initiatives         Collaboration

                                                                                  7
2. Early                               Discover
                        stage idea
                       development
           1. Idea                                 Accelerate
         generation/                                                       Network
          selection
                           3. Proof of
                            Concept


      FE of Innovation                        DNA Methodology
Front End of Innovation                    Discover, Network & Accelerate
Dealing with uncertainty:                  Vision is the cornerstone of innovation, but so is
Idea generation & selection, early stage   support and execution
development, proof of concept

Major Takeaways
Innovation requires a community of purpose
Collaboration & leadership are hard, but necessary
Diversity & inclusion are highly recommended values
                                                                                                8
Speakers                            Discussions                     Essays
Entrepreneurs                        Peer Reviews                    Contextual Advice
They are people like you!            Important to understand how a   Your learn by doing – do seek
Jenny, Brad, Derek, Stefan, & Mike   generation thinks               advice in context to save time


Major Takeaway
Good to see creativity & innovation from an
entrepreneurial perspective - Even larger
organizations can institutionalize entrepreneurship
                                                                                                      9
Disruption                         Design                             Open
Disruptive vs. Sustaining          User Centric                        Seamless Boundaries
Disruption is usually something    Great things have a deep meaning,   Smart people are everywhere,
easier, more convenient, cheaper   realized around constraints         allow new connections


Major Takeaway
New technologies and new business models allow the
redefining of almost anything (at varying speeds)

                                                                                                      10
“Human salvation lies in the hands
of the creatively maladjusted.”

            Martin Luther King, Jr.




                                      11
THANK YOU!

       Rdossant@mail.sdsu.edu




                                12

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Mgt 453 fall2012 summary

  • 1. FALL 2012 Class Summary December  10,  2012  
  • 2. •  Course Overview •  Textbooks •  Case Studies •  Group Project •  Supplement Exercises & Materials 2
  • 3. Imagination Creativity Innovation The Power of Dreams Invention & Building Maximizing Value Imagining what does not yet exist The use of imagination to invent The use of resources and beyond our senses and build new things processes to diffuse inventions TEACHING METHODS Text Books Case Studies Group Proj Supplements Ideas & Entrepreneurship Product & Mgt Innovations Collaboration & Leadership Guest Speakers, Discussions, Essays 3
  • 4. “Chance favors the connected mind.” Steven Johnson Where Good Ideas Come From The natural history of innovation Predictable Patterns Adjacent Slow Liquid Error Serendipity Platforms Exaptation Possible Hunch Networks 4
  • 5. “A startup is an organization built to search for a scalable business Steve Blank model” The Startup Owner’s Manual A Step by Step Guide Advice For Startups Customer Minimum Viable Business Model Persist OR Development Product Canvas Pivot 5
  • 6. Students’ reflections on what makes an innovative product varied widely Innovative Product Secondary Research Finding and reviewing an innovative product (or company) Nature of Innovation Original Product Creative Business Model Impact on Society 6
  • 7. Students’ gained insight on the various levers of innovation Innovative Practice Primary Research Interviewing leaders & stakeholders of an innovative practice (mgt innovation) Levers of Innovation Company Culture & Resource Allocation & Programs to Foster Openness To New Structures to Support Internal & External Ideas New Initiatives Collaboration 7
  • 8. 2. Early Discover stage idea development 1. Idea Accelerate generation/ Network selection 3. Proof of Concept FE of Innovation DNA Methodology Front End of Innovation Discover, Network & Accelerate Dealing with uncertainty: Vision is the cornerstone of innovation, but so is Idea generation & selection, early stage support and execution development, proof of concept Major Takeaways Innovation requires a community of purpose Collaboration & leadership are hard, but necessary Diversity & inclusion are highly recommended values 8
  • 9. Speakers Discussions Essays Entrepreneurs Peer Reviews Contextual Advice They are people like you! Important to understand how a Your learn by doing – do seek Jenny, Brad, Derek, Stefan, & Mike generation thinks advice in context to save time Major Takeaway Good to see creativity & innovation from an entrepreneurial perspective - Even larger organizations can institutionalize entrepreneurship 9
  • 10. Disruption Design Open Disruptive vs. Sustaining User Centric Seamless Boundaries Disruption is usually something Great things have a deep meaning, Smart people are everywhere, easier, more convenient, cheaper realized around constraints allow new connections Major Takeaway New technologies and new business models allow the redefining of almost anything (at varying speeds) 10
  • 11. “Human salvation lies in the hands of the creatively maladjusted.” Martin Luther King, Jr. 11
  • 12. THANK YOU! Rdossant@mail.sdsu.edu 12