Innovators and Intrapreneurs - Talk in Istanbul, Turkey
-
Upload
stefan-lindegaard -
Category
Business
-
view
253 -
download
2
description
Transcript of Innovators and Intrapreneurs - Talk in Istanbul, Turkey
![Page 1: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/1.jpg)
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
Twitter: @lindegaard
Hey! Free books on 15inno.com!
Innovators and Intrapreneurs
![Page 2: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/2.jpg)
![Page 3: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/3.jpg)
Faster pace, shrinking window of opportunity, less time for cash cows
Open innovation, business model innovation is key for becoming competitively unpredictable!
We need a more holistic approach to innovation!
![Page 4: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/4.jpg)
What is open innovation?
“…a philosophy or a mindset that they should embrace within their organization.
This mindset should enable their organization to work with external input to the innovation
process just as naturally as it does with internal input”
Open innovation as a term will disappear in 5-7 years!
![Page 5: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/5.jpg)
Develop the right conditions and framework
Be competitively unpredictable
Change how we innovate
![Page 6: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/6.jpg)
Free workbook on 15inno.com
![Page 7: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/7.jpg)
Intrapreneurs and innovation culture!
![Page 8: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/8.jpg)
No networking culture? No innovation culture!- future winners get communities to work!
Organizations must embrace experimentation – and the failures that come along with it!
Only a truly burning platform or fully aligned executives can change an innovation culture!
![Page 9: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/9.jpg)
Grass-root: Big potential if supported properly!
Open up: Difficult, but the only way forward!
20% free time: You can’t copy this!
Top-down: Go from event to capability to culture!
![Page 10: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/10.jpg)
Intrapreneurship is an overlooked tool:
“Intrapreneur: a person within a large corporation who takes direct responsibility for
turning an idea into a profitable finished product through assertive risk-taking and
innovation.”
American Heritage Dictionary, 1992
![Page 11: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/11.jpg)
The Man on The Moon competition
• To identify and develop new ventures that creates significant growth and/or strategic advantages
• To spot and develop talent
• To change the culture and establish ”intrapreneurship” as a fourth career path
![Page 12: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/12.jpg)
Discovery – Incubation – Acceleration: Have the right people at the right time!
![Page 13: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/13.jpg)
“…an intrapreneur must have the ability to see and pursue possibilities by piecing together innovations across three or more business functions simultaneously.”
Paul Campbell, former VP, HP
![Page 14: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/14.jpg)
![Page 15: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/15.jpg)
![Page 16: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/16.jpg)
Great paper online (e-mail me!)
![Page 17: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/17.jpg)
A career path for trouble-makers?
“When someone tries to innovate within a traditional organization, few will understand what he/she is doing, but everybody will understand who is a trouble-maker.
After the innovation has been embraced by the organization, few will remember who started it,
but everybody will remember who was a trouble-maker.
This is the dilemma encountered by many intrapreneurs - they risk punishment for success.”
David Nordfos, Stanford
![Page 18: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/18.jpg)
You need a common language / under-standing to frame and work with the issues!
![Page 19: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/19.jpg)
Every corporate culture is innovative! Find the pockets, build the foundation and perception
![Page 20: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/20.jpg)
No networking culture? No innovation culture!- future winners get communities to work!
![Page 21: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/21.jpg)
![Page 22: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/22.jpg)
Networking efforts require direction, training and time. Most executives do not get this.
![Page 23: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/23.jpg)
Organizations must embrace experimentation – and the failures that come along with it!
![Page 24: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/24.jpg)
#1: What kind of failure are we talking about?
#2: Insights from a survey
#3: Impact on the corporate culture
#4: Q&A
Full recorded webinar: www.innocentive.com
![Page 25: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/25.jpg)
System failure (collapse of communism)
Start-up failure (Pets.com going out of business)
Idea failure (Apple Navigator protype, no launch
Product failure (New Coke tanking)
Major firm failure (Enron going out of business)
System component failure (stock market crash)
Credit: Tim Kastelle
![Page 26: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/26.jpg)
“Two types of failure:
- honorable failure is where an honest attempt at something new or different has been tried
unsuccessfully and
- incompetent failure where people fail for lack of effort or competence in standard operations.”
Credit: Paul Sloane
![Page 27: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/27.jpg)
Developing a culture that is constructive about failure requires a new vocabulary.
Smartfailing
When an organization embraces smartfailing, it de-stigmatizes failure internally and uses failure
as an opportunity to learn and to find a better course.
![Page 28: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/28.jpg)
Full survey: http://www.15inno.com/2012/11/08/surveyresults/
![Page 29: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/29.jpg)
![Page 30: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/30.jpg)
![Page 31: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/31.jpg)
![Page 32: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/32.jpg)
There are no quick fixes because the top executives that got us into this mess are not
ready to lead us out of it!
![Page 33: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/33.jpg)
Too much focus on products, technology
Silo rather than collaborative approaches
Poorly defined innovation strategy (if any)
Lack of resources in budget, people, infrastrucure
Unrealistic expectations on time, resources
![Page 34: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/34.jpg)
Develop a better understanding of your situation
Reward behaviors, not outcomes if you want change
Develop processes (learn how to learn)
More transparency, communication, new terms?
![Page 35: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/35.jpg)
Organizations must identify skills and mindset needed for a stronger innovation culture
![Page 36: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/36.jpg)
They lack communication skills and efforts!
They lack the courage to speak up!
They do not innovate on the innovation process!
They do not develop their mindset and toolbox!
![Page 37: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/37.jpg)
![Page 38: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/38.jpg)
![Page 39: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/39.jpg)
1) Intrapreneurial skills
2) Networking talent
3) Communication skills
4) Strategic influencing
5) Adaptive fast learner
6) Balanced optimism
7) Tolerance for uncertainty
8) Passion
![Page 40: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/40.jpg)
It must be a key objective for corporate innovation teams to educate – up as well as down!
![Page 41: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/41.jpg)
A CFO is wary about investing in the training and education of the employees.
He asks the CEO: ”What happens if we invest in developing our people and then they
leave the company?”
The CEO is a bright person and replies: ”What happens if we don’t and they stay?”
![Page 42: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/42.jpg)
If you want to change a culture, you should reward behaviors as well as results!
TBX(O) – Sometimes middle-managers hinder innovation just by doing their job!
People first, processes next, then ideas!
Work the internal and external stakeholders - become better communicators on innovation!
![Page 43: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/43.jpg)
Some exercises / discussion
![Page 44: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/44.jpg)
![Page 45: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/45.jpg)
![Page 46: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/46.jpg)
![Page 47: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/47.jpg)
Get in touch!
www.15inno.com
15inno by Stefan Lindegaard at LinkedIn Groups
Twitter: @lindegaard
Hey! Free books on 15inno.com!
![Page 48: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/48.jpg)
48
Open innovation works!
![Page 49: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/49.jpg)
Source: Open Innovation Executive Survey Frauenhofer and UC Berkeley
![Page 50: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/50.jpg)
Source: Open Innovation Executive Survey Frauenhofer and UC Berkeley
![Page 51: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/51.jpg)
Source: Open Innovation Executive Survey Frauenhofer and UC Berkeley
![Page 52: Innovators and Intrapreneurs - Talk in Istanbul, Turkey](https://reader033.fdocuments.us/reader033/viewer/2022042714/554c6fe8b4c905f76f8b5145/html5/thumbnails/52.jpg)
Source: Open Innovation Executive Survey Frauenhofer and UC Berkeley