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Meeting Outcomes
● Understand 5 common innovation myths

● Learn and practice simple innovation
strategies

● Be ENGAGED and have FUN!
Meeting Impact
● Feel excited and confident about applying
simple innovation strategies in your work
Meet Natasha, knowledge integrator
once designed and managed
products that could blow up...
loves to solve problems and help
people do the impossible…
Meet Jackie, process integrator
once started a company…
loves facilitating group process and
inspiring quality collaboration…
FUNctional Frameworks for bridging the gap
       from creativity to innovation



IN-Vision       Innovation     Leadership
                 Practice
What keeps
 you up at
  night?
Competitive Brand Positions

 ● Innovation
 ● Functions
 ● Price
 ● Quality
 ● Green
 ● Timeless Performance
 ● Technology
 ● Personal (Emotional)
                          Reference: Motorola’s BASP
Where is Target
on innovation?
Calibration
● Where is Target?: 0 (low) to 5 (High)


         FIST (0)          FIVE (5)




          LOW              HIGH
Where are YOU
on innovation?
Calibration
● Where are YOU?: 0 (Novice) to 5 (Guru)


         FIST (0)         FIVE (5)




         Novice           Guru
Innovation Myth #1




                     Only a few
                     people can
                     innovate
INNOVATION = IDEAS + ACTION THAT
        CREATES VALUE
Innovation Value Domains



Personal      Professional    Enterprise


              Self           Corporation
Self
              Colleagues     Association
Family
              Clients        Foundation
Friends
              Vendors        Schools
              Workmates
Anyone can innovate
Everyone is a customer




                                       =

Matt hates standing in line for beer   Created TurboTap (faster pours)


Outcomes: Taste fresher; Installed in 60% of professional
                       stadiums
Innovators are
  Integrators
Commit to doing simple value-added
       innovation activities

                               Download

                               Innovations
                               BYTES
                               10-minute
                               practice guide




      http://mindfulinnovation.com/resources/
Innovation Myth #1




                     Only a few
                     people can
                     innovate
Fear factor?
How comfortable are you
      exploring new ideas?

Mindset: “Notice without judgment”
On the continuum:
  ● 1 = Risk Avoidant
  ● 2 = Cautious
  ● 3 = Curious
  ● 4 = Cliff Diver



         1                       4
Innovation Myth #2
                     Lots of ideas
                     is THE way to
                     innovation
THE way to
innovation is
through a
disruptive or
different idea
Idea Generation
    Exercise
Think of GOOD IDEAS
Think of CRAZY IDEAS
Think of STUPID IDEAS
Think of FUNNY IDEAS
What happens in your brain?
● Good Ideas – Information
  dump of what you know
● Crazy Ideas – Left brain
● Stupid Ideas – Right brain
● Funny Ideas – Both sides of
  brain (most innovative)



  Reference: Business Innovation in the 21st Century by Praveen Gupta
Combining two or more
       ideas uniquely takes time


 Thinking
Time (min)
 Per Idea



                    Good            Crazy           Stupid      Funny

                               Extent of Innovation


  Reference: Business Innovation in the 21st Century by Praveen Gupta
What stops us from discovering
       disruptive ideas?
Creating a Tradition of Innovation
                                            Important to
                                            ● Manage fear
                                            and risk taking
                                            ● To be able to
                                            fail faster
1. Vision
2. Foresight
3. Stretch Goals
4. Hire Good People and Trust Them
5. Open and Extensive Communication
6. Recognize and Reward Innovation

by Dr. William Coyne past VP of R&D of 3M
Fear Factor?
Innovation Myth #2
                     Lots of ideas
                     is THE way to
                     innovation
Where are you
on ME to WE?
Where are you on ME to WE?
Mindset: “Notice without judgment”
On the continuum:
  ● 1 = Best work by myself
  ● 2 = Best work by myself with some collaboration
  ● 3 = Best work in team(s) with some by myself
  ● 4 = Best work in diverse team(s)




         1                           4
Innovation Myth #3   The BEST
                     problem
                     solving is
                     typically
                     done alone
Synergy is the energy of innovation
Optimal Team Size
                       Creating an Invention
      More
      Intense
                                Solving a Problem

                                            Action Planning
Activity
                                                             Scheduling

       Less                                                        Sharing
                                                                   Information
       Intense
                       1       3           5                10                   18
                                         Group Size
Reference: Team Talk: The Power of Language in Team Dynamics by Anne Donnellon
Collaboration
Factor?
Innovation Myth #3   The BEST
                     problem
                     solving is
                     typically
                     done alone
Innovation Myth #4
                     Innovation is “to
                     build a better
                     mousetrap” of
                     products and
                     services
The Ten Types of Innovation™
● Innovation category: Finance
  ● Business model
  ● Networks and alliances
● Innovation category: Process
  ● Enabling process
  ● Core processes
● Innovation category: Offerings
  ● Product performance
  ● Product system
  ● Service
● Innovation category: Delivery
  ● Channel
  ● Brand
  ● Customer experience

  Resource: http://www.doblin.com/AboutInno/innotypes.html
VoIP for free
1. Business model
2. Enabling process
3. Core processes
4. Channel




 Outcomes: 309 Million Users and $125M in 2008
Designer T-shirt contest
1. Business model
2. Networks and alliances
3. Product system
4. Customer experience




                                 Vote by     Designer wins
       Designer    Submit Idea
                                 customers   money and
       has idea
                                             recognition
                  Outcome: $43 M in 2008
How many types
of innovation are
YOU doing?

… is Target doing?
The Ten Types of Innovation™
● Innovation category: Finance
  ● Business model
  ● Networks and alliances
● Innovation category: Process
  ● Enabling process
  ● Core processes
● Innovation category: Offerings
  ● Product performance
  ● Product system
  ● Service
● Innovation category: Delivery
  ● Channel
  ● Brand
  ● Customer experience

  Resource: http://www.doblin.com/AboutInno/innotypes.html
Innovation Myth #4
                     Innovation is “to
                     build a better
                     mousetrap” of
                     products and
                     services
Innovation Myth #5   Figuring out
                     the solution
                     takes most of
                     the innovation
                     effort
Figuring out the PROBLEM takes
    most of innovation effort
95% of the effort
Define    should be in
          defining the
Explore
          problem
Solve        MOST ENTER HERE

Analyze
Develop
Prepare
Execute
Define    How can you do a
Explore
          better job defining
          the problem?
Solve
Analyze
Develop
Prepare
Execute
Need “Fresher” in Frozen Foods




  Joan Chow

   Outcomes: 2008 3rd largest new consumer
    packaged goods (CPG) product at 95M
How much time
and effort do YOU
spend creating
“White Space?”

… does Target
spend?
Innovation Myth #5   Figuring out
                     the solution
                     takes most of
                     the innovation
                     effort
What will YOU
do to innovate?
Questions and
 Comments?
Thank You!
               Presentation at
http://www.slideshare.net/mindfulinnovation




     Natasha Tong                 Jackie Levin
     C:612.770.7110               C:612.759.7549
     E: ntong01@gmail.com         E: jlevin4dream@gmail.com

                MINDFUL INNOVATION, INC.
                 www.mindfulinnovation.com

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Innovation Myth Buster at Target's Innovation Network Nov 2009

  • 1.
  • 2. Meeting Outcomes ● Understand 5 common innovation myths ● Learn and practice simple innovation strategies ● Be ENGAGED and have FUN!
  • 3. Meeting Impact ● Feel excited and confident about applying simple innovation strategies in your work
  • 5. once designed and managed products that could blow up...
  • 6. loves to solve problems and help people do the impossible…
  • 7. Meet Jackie, process integrator
  • 8. once started a company…
  • 9. loves facilitating group process and inspiring quality collaboration…
  • 10. FUNctional Frameworks for bridging the gap from creativity to innovation IN-Vision Innovation Leadership Practice
  • 11. What keeps you up at night?
  • 12. Competitive Brand Positions ● Innovation ● Functions ● Price ● Quality ● Green ● Timeless Performance ● Technology ● Personal (Emotional) Reference: Motorola’s BASP
  • 13. Where is Target on innovation?
  • 14. Calibration ● Where is Target?: 0 (low) to 5 (High) FIST (0) FIVE (5) LOW HIGH
  • 15. Where are YOU on innovation?
  • 16. Calibration ● Where are YOU?: 0 (Novice) to 5 (Guru) FIST (0) FIVE (5) Novice Guru
  • 17. Innovation Myth #1 Only a few people can innovate
  • 18. INNOVATION = IDEAS + ACTION THAT CREATES VALUE
  • 19. Innovation Value Domains Personal Professional Enterprise Self Corporation Self Colleagues Association Family Clients Foundation Friends Vendors Schools Workmates
  • 21. Everyone is a customer = Matt hates standing in line for beer Created TurboTap (faster pours) Outcomes: Taste fresher; Installed in 60% of professional stadiums
  • 22. Innovators are Integrators
  • 23. Commit to doing simple value-added innovation activities Download Innovations BYTES 10-minute practice guide http://mindfulinnovation.com/resources/
  • 24. Innovation Myth #1 Only a few people can innovate
  • 26. How comfortable are you exploring new ideas? Mindset: “Notice without judgment” On the continuum: ● 1 = Risk Avoidant ● 2 = Cautious ● 3 = Curious ● 4 = Cliff Diver 1 4
  • 27. Innovation Myth #2 Lots of ideas is THE way to innovation
  • 28. THE way to innovation is through a disruptive or different idea
  • 29. Idea Generation Exercise
  • 30. Think of GOOD IDEAS
  • 31. Think of CRAZY IDEAS
  • 33. Think of FUNNY IDEAS
  • 34. What happens in your brain? ● Good Ideas – Information dump of what you know ● Crazy Ideas – Left brain ● Stupid Ideas – Right brain ● Funny Ideas – Both sides of brain (most innovative) Reference: Business Innovation in the 21st Century by Praveen Gupta
  • 35. Combining two or more ideas uniquely takes time Thinking Time (min) Per Idea Good Crazy Stupid Funny Extent of Innovation Reference: Business Innovation in the 21st Century by Praveen Gupta
  • 36. What stops us from discovering disruptive ideas?
  • 37.
  • 38. Creating a Tradition of Innovation Important to ● Manage fear and risk taking ● To be able to fail faster 1. Vision 2. Foresight 3. Stretch Goals 4. Hire Good People and Trust Them 5. Open and Extensive Communication 6. Recognize and Reward Innovation by Dr. William Coyne past VP of R&D of 3M
  • 40. Innovation Myth #2 Lots of ideas is THE way to innovation
  • 41. Where are you on ME to WE?
  • 42. Where are you on ME to WE? Mindset: “Notice without judgment” On the continuum: ● 1 = Best work by myself ● 2 = Best work by myself with some collaboration ● 3 = Best work in team(s) with some by myself ● 4 = Best work in diverse team(s) 1 4
  • 43. Innovation Myth #3 The BEST problem solving is typically done alone
  • 44. Synergy is the energy of innovation
  • 45. Optimal Team Size Creating an Invention More Intense Solving a Problem Action Planning Activity Scheduling Less Sharing Information Intense 1 3 5 10 18 Group Size Reference: Team Talk: The Power of Language in Team Dynamics by Anne Donnellon
  • 47. Innovation Myth #3 The BEST problem solving is typically done alone
  • 48. Innovation Myth #4 Innovation is “to build a better mousetrap” of products and services
  • 49. The Ten Types of Innovation™ ● Innovation category: Finance ● Business model ● Networks and alliances ● Innovation category: Process ● Enabling process ● Core processes ● Innovation category: Offerings ● Product performance ● Product system ● Service ● Innovation category: Delivery ● Channel ● Brand ● Customer experience Resource: http://www.doblin.com/AboutInno/innotypes.html
  • 50. VoIP for free 1. Business model 2. Enabling process 3. Core processes 4. Channel Outcomes: 309 Million Users and $125M in 2008
  • 51. Designer T-shirt contest 1. Business model 2. Networks and alliances 3. Product system 4. Customer experience Vote by Designer wins Designer Submit Idea customers money and has idea recognition Outcome: $43 M in 2008
  • 52. How many types of innovation are YOU doing? … is Target doing?
  • 53. The Ten Types of Innovation™ ● Innovation category: Finance ● Business model ● Networks and alliances ● Innovation category: Process ● Enabling process ● Core processes ● Innovation category: Offerings ● Product performance ● Product system ● Service ● Innovation category: Delivery ● Channel ● Brand ● Customer experience Resource: http://www.doblin.com/AboutInno/innotypes.html
  • 54. Innovation Myth #4 Innovation is “to build a better mousetrap” of products and services
  • 55. Innovation Myth #5 Figuring out the solution takes most of the innovation effort
  • 56. Figuring out the PROBLEM takes most of innovation effort
  • 57. 95% of the effort Define should be in defining the Explore problem Solve MOST ENTER HERE Analyze Develop Prepare Execute
  • 58. Define How can you do a Explore better job defining the problem? Solve Analyze Develop Prepare Execute
  • 59.
  • 60. Need “Fresher” in Frozen Foods Joan Chow Outcomes: 2008 3rd largest new consumer packaged goods (CPG) product at 95M
  • 61. How much time and effort do YOU spend creating “White Space?” … does Target spend?
  • 62. Innovation Myth #5 Figuring out the solution takes most of the innovation effort
  • 63. What will YOU do to innovate?
  • 65. Thank You! Presentation at http://www.slideshare.net/mindfulinnovation Natasha Tong Jackie Levin C:612.770.7110 C:612.759.7549 E: ntong01@gmail.com E: jlevin4dream@gmail.com MINDFUL INNOVATION, INC. www.mindfulinnovation.com