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The Innovation Recipe: Six steps to turn your ideas into results

Managing Director at Startup Adelaide. On a mission to help SA to pivot from the industrial to the entrepreneurial age. um Startup Grind
23. Oct 2014
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The Innovation Recipe: Six steps to turn your ideas into results

  1. Introducing The Innovation Recipe Just like cooking, there are no hard and fast rules for innovation, but there are some general principles that can dramatically increase your success rate. The Innovation Recipe can be used for innovations of all shapes and sizes. For a small problem like, ‘How am I going to tell staff about our new sales training?’ You might go through the entire process in 15 minutes. For a major innovation, like a new product or a new system, your process might take 12 months or more. That’s the good thing about a recipe – you can adapt it to suit the situation.
  2. Prepare Illuminate Explore Choose Implement Evaluate
  3. Why six steps?
  4. Prepare Illuminate Explore Choose Implement Evaluate The first four steps in The Innovation Recipe focus on the idea, and the final two steps focus on implementation. Implementation Idea
  5. Typically, more than 90% of time and resources are spent on implementation... Implementation Idea
  6. However, more than 90% of critical mistakes are typically made in the business case or idea phase Implementation Idea
  7. Prepare Illuminate Explore Choose Implement Evaluate Even though steps 1-4 are relatively quick, they play such a critical role in project success that it’s worth stepping through each element mindfully. Implementation Idea
  8. Introducing the six steps
  9. Prepare Illuminate Explore Choose Implement Evaluate
  10. Prepare Illuminate Evaluate  Get clear on the problem and the root cause
  11.  PREPARE Too often we jump straight into solution mode – sometimes this means we select a solution without having a clear picture of what’s causing the problem. It’s incredibly valuable to take a step back and ask some key questions: 1.What’s the problem I’m trying to solve? 2.What’s my goal – what am I trying to achieve? 3.Can I find a solution on my own or do I need a team?
  12. Prepare Illuminate Explore  Ask the right questions
  13.  ILLUMINATE This is where again you need some self-control. Avoid the temptation to jump straight in with the first solution that comes into your head. Avoid the temptation to pick the solution you used last time this problem came up. It may well be that the first solution is the right solution, but take the time to brainstorm your options, either on your own or with your team. Power up your brainstorming! Get away from the computer. Find a whiteboard or pen and paper. Give yourself even just five minutes to identify all the ideas you can think of that might help solve the problem. At this stage, no idea is too ambitious or small. No idea is too silly – just put them all down so that you can better illuminate the problem. or do I need a team?
  14. Illuminate Explore Choose  The easiest, and most influential way to explore is to get out of the office and talk to people
  15.  EXPLORE Take a look at the ideas you’ve formed. Which ideas stand out as the best fit to solve your problem and achieve your goal? Do you need to research some of the alternatives, for example, to find out how much they’d cost? Perhaps phone someone who’s done something similar to see how they went about it.
  16. Explore Choose Implement  Does the Return on Investment stack up?
  17.  CHOOSE Once you’ve done any required research, you’re ready to make a decision. Is the decision a group or a solo one? Perhaps you’re making a recommendation to a manager or client. Some of the questions you might like to revisit or ask afresh are: 1.Does this solve my problem? 2.Will this achieve my goal? 3.Do I have the resources to implement this idea? (the skills and experience, staff, budget, time, tools and equipment) Once you’ve picked your solution, it’s vital to translate that solution into a SMART goal (specific, measurable, achievable, relevant, time bound) so that everyone on your project team is clear about your aims.
  18. Choose Implement Evaluate  •Building your team •Managing the project •Managing the impact •Leading the change
  19.  IMPLEMENT Implementation is critically important, and is often a complex phase of innovation projects. Many project and innovation processes focus a lot more on Implementation than the critical elements of the idea and business case. When you’re a business leader impacted by a major project, you have a critical opportunity to influence the success of projects at that important business case phase. For major projects, you’re much more likely to bring in a professional project team to manage your implementation, and this is why The Innovation Recipe covers Implement as a single step.
  20. Prepare Implement Evaluate  Tracking throughout the life of the project: •On time, on budget •On track to achieve our Return on Investment
  21.  EVALUATE Successful innovation can be measured in two ways: 1.Did we deliver? Did we achieve our original goal? Did we solve our original problem? 2.Did we follow The Innovation Recipe process? What worked well that we’d repeat next time? What would we do next time differently? Even if, you say ‘No’ or ‘Not quite,’ to the first set of questions, if you answer the second set of questions and apply what you’ve learned in your business, you will significantly increase your chances of success next time. In fact, on your next project, a key part of the ‘Prepare’ step is to ask, ‘What similar projects have we done before, and what can we learn from those projects?’
  22. Wait! Don’t turn on the oven yet What if you already have a great idea? When you find yourself in this situation, it’s tempting to jump straight to Implement and start cooking up your brilliant concept. No matter how brilliant your idea is, jumping straight into implementation is always risky. Going through the first four Innovation Recipe steps doesn’t need to be a long process; you can get through all four in under an hour for a small, straightforward project. If you’re just too hungry, there are some critical questions to ask before you jump into implementation.
  23.  Are you confident you’ve clearly diagnosed the problem?  Are you confident you’re attacking the root cause, not just the symptoms?  Are you confident your solution comprehensively addresses the root cause?  Did your team also answer, ‘Yes’ to questions 1–3? Did the sales team also answer, ‘Yes’? Pre-implementation checklist  Are you confident you’ve clearly diagnosed the problem?  Are you confident you’re attacking the root cause, not just the symptoms?  Are you confident your solution comprehensively addresses the root cause?  Did your team also answer, ‘Yes’ to questions 1–3?  Did the sales team also answer, ‘Yes’?  Did the product and marketing teams also answer, ‘Yes’?  Did the operations and customer service teams also answer, ‘Yes’?  Did the leadership team also answer, ‘Yes’?  Did your customers also answer, ‘Yes’?  In choosing your idea, was the robustness of your decision making criteria appropriate to the consequences of your project failing? If you and your teams mostly answered, ‘No’ to these 10 questions, proceeding straight to implement- ation will be risky. You will be much more likely to succeed if you step through all six steps of The Innovation Recipe to ensure your idea is robust before you invest time and resources in implementation.
  24.  Prepare Get clear on the problem and the root cause  Illuminate Ask the right questions  Explore The easiest, and most influential way to explore is to get out of the office and talk to people  Choose Does the Return on Investment stack up?  Implement ● Building your team ● Managing the project ● Managing the impact ● Leading the change  Evaluate Tracking throughout the life of the project: ● On time, on budget ● On track to achieve Return on Investment
  25. Hungry for more? Buy the book, download a chapter sampler, or find more innovation guides and cheat sheets: www.zumbara.com.au/the-innovation-recipe.html
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