Evening event about innovation management ...

Thanks to https://pixabay.com/en/light-bulb-leaf-chlorophyll-green-2631864/ 

Yesterday evening I did participate in another Meetup about Innovation, this time organized by HEINRICH HEINE CONSULTING (Duesseldorf's first student management consultancy, https://hhc-duesseldorf.de/) and the IMP³rove – European Innovation Management Academy (https://www.improve-innovation.eu/). The hourly or daily rates of the student consultants are obviously below market standard, but no details shared 😉.

IMP³rove is offering an Innovation Assessment based on the A.T. Kearny "House of Innovation" (see http://www.innovationmanagement.se/2012/12/19/how-to-deal-with-innovation-management-when-you-are-small/ for more details). Their house has basically 5 levels - Strategy, Organization/Culture, Lifecycle/Process, supporting factors and results, BUT when you do a small WWW search you will quickly realize that there are much more Innovation Frameworks out there in the field. Just some examples below, to have some choices:

• Doblin: Ten Types of Innovation   https://www.doblin.com/ten-types 
• Infographic: 9 Types of Innovation                                http://www.48innovate.com/infographic-9-types-of-innovation/ 
• The eight essentials of innovation                                      https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/the-eight-essentials-of-innovation 
• Outcome-Driven Innovation®                                                      https://strategyn.com/outcome-driven-innovation-process/ 

The number of levels seems to be differently, but in the end everybody has to find the personal best model or framework anyway. And never forget to take your people with you!! Technology, processes and tools are not the issue in most cases 😙.

Some notes with respect to the question - What are the best innovators making differently?

• Do less, but more focused
• Use the innovation network better than average
• Search for and find ideas outside of your own company
• Creating the right environment, ways of thinking and working
• Use 15% of the available time for own projects
• Shorter innovation cycles, agile innovation processes
• Offer online platforms or virtual marketplaces for employee ideas
• Some examples to look at:
  • Airbnb: https://blog.adioma.com/how-airbnb-started-infographic/
  • General Electric: https://gereports.ca/fastworks/ and https://firstbuild.com/
  • Whirlpool: https://www.managementexchange.com/story/inside-whirlpools-innovation-machine

Running the Innovation assessment is free of charge and could be a good first indication for you and your company? In the side discussions after the presentation the following topics came up. Could be interesting as well? Check it out.

• Award winning Lean Startup board game!   https://www.playinglean.com/ 
• Eigenland  is a brilliant mix between a think-tank and a workshop  http://www.eigenland.de/en/idea 
• For the live questionnaire we used   https://sendsteps.me/ 

As I am an Engineer by profession and to close for today, my favorite Dilbert video in English and German. Enjoy the show:

• https://www.youtube.com/watch?v=g8vHhgh6oM0 (English)
• https://www.youtube.com/watch?v=dPjwLGJaKp4 (German)