1. INNOVATION IMPORTANCE OF INNOVATION KEY SUCCESS FACTOR
SHORTER PRODUCT LIFE CYCLES
SPEED OF CHANGE

2. INNOVATION MAIN DIRECTIONS Adjustment; small changes
Modification; maintaining technology, different function
Renovation; same function, different technology
Product, process or organisation

3. INNOVATION STATE OF MIND SUITS SME’S Quick Flexible
Close to networks (suppliers/customers/staff)
PROBLEM
Finance
Organisation

4. NOT INNOVATING INACTION IS BUSINESS SUICIDE NOT READY FOR RAPID CHANGE
GRADUAL REDUCTION (Frog)
NICHE TAKEN OVER
INACTION IS BUSINESS SUICIDE

5. Developing your idea THE WAY WE THINK First stage thinking Attitudes
Knowledge
Skills
Values
Attitude/disposition
Second stage thinking
JUMPING !!!
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6. Developing your idea BARRIERS Thinking in straight patterns
Looking for 1 solution for the problem
Giving the answer which is expected
Automatically reject new and weird ideas
Prejudice
Fear

7. Developing your idea Intelligence Linguistic Musical Kinesthetic
Spatial
Logical
Emotional
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8. DEVELOPING YOUR IDEA Stages of creative thinking: 1. Move away:
2. Bring back into the world

9. DEVELOPING YOUR IDEA
RUBISH IN, RUBISH OUT

10. BANDWIDTH Agriculture Media Banking Medicine/Health Construction
Education
Government
Hospitality IT
Utilities
Media
Medicine/Health
Military
Retail
Telecommunication
Trade
Transportation

11. BANDWIDTH Technology bandwidth
How much on your computer makes sense to you?
Attention bandwidth
How much do you remember?
How much do you talk?
How much do you listen?
People bandwidth
Who do you know?

12. DEVELOPING YOUR IDEA TECHNIQUES Brainstorming Attribute listing
6 prompts
Mind mapping
Random words
Discontinuity/serendipity
Parallel thinking
Doodle
Dream!!!!!

13. DEVELOPING YOUR BUSINESS
Parallel thinking
Information (white)
Feelings/intuition/emotions (red)
Risk assessment/caution (black)
Optimism/how getting it done (yellow)
Creativity/alternatives/ideas (green)
Overview/managing the process (blue)

14. DEVELOPING YOUR BUSINESS
YOUR OFFICE
True commitment (do you want your staff to be smarter than you?)
Humour
Allow mistakes
Share ideas (sharing is caring)
Reward
Brainstorm
Hire unusual people
Identify the joker

15. EVALUATE What is good about it? Why, why, why
What is needed for implementation?
What data do we need?
Business plan process
You
Idea
Formal
Marketing
Process
People
Finance

16. SPOT CHECK What it the quality of your innovation planning
Level of ongoing product development
Innovation as strategic focus
Involvement of staff
Portfolio of ideas for product development
Manager(s) responsible for innovation

17. Level of ongoing product development
The number of planned new products/services introduced in the next 3 years
Feedback systems in place
How systematic is the company's approach to innovation.
Innovation as strategic focus
The budget made available for innovation
The management time planned to be spent on innovation.
Involvement of staff
Promoters' attitude towards staff involvement in innovation/product development
Planned reward schemes for innovative ideas
Training.
Portfolio of ideas for product development
The number of ideas under consideration
Their stage in the development process
What action is planned to progress them.
Manager(s) responsible for innovation
Qualifications
Experience
Organisational ability
Planning ability.

18. RECAP STATE OF MIND PART OF BIGGER PICTURE DO OR DIE BLOW YOUR MIND
TECHNIQUES
BUSINESS PLAN

19. Ideas generation Not enough time is spend on idea development:
Extend horizons
Brainstorming
Attribute listing
6 prompts
Aim is to develop portfolio of ideas
Innovation is life blood
Buys time in future
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