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Innovation Matters Through the Eyes of a Career Management Consultant

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Title: Innovation Matters Through the Eyes of a Career Management Consultant


1
Innovation Matters Through the Eyes of a Career
Management Consultant
  • Steve Harrison
  • Chairman, Lee Hecht Harrison

2
WHY ME?
3
As Career Management Consultants
  • Were observers of corporate cultures ...
    especially leadership
  • We handle the people impact of innovation
  • Job creation
  • Job change
  • Job loss

4
Innovate (Websters Dictionary)
  • To make changes, to do something in a new way.
  • From ancient French word Innovacyon
    renewal, or a new way of doing things.
  • So
  • Its not just inventing the next big thing

5
Innovations GiftCreating Need!(Sometimes when
need doesnt really exist!)
6
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7
Lessons from the Dry Cereal Shelf!
8
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9
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10
Innovations Role in Job Creation
  • Need Creation Product Variation
  • Demand Stimulation Supply Expansion
  • Resource Expansion Jobs Expansion

11
Innovation is a Business Imperative
  • The basis for
  • Competitive advantage
  • Growth
  • Productivity
  • Some companies get it
  • and some dont

12
Companies that Dont Get It
  • Dont include innovation in their values
  • Are tolerant of the NIH syndrome
  • Resist a failure-tolerant culture
  • Dont install a system-wide process of idea
    management
  • Dont budget resources for innovation

13
Companies that Dont Get It
  • Dont build diversity and collaboration into the
    process
  • Dont sustain innovation endeavor
  • Dont walk the think-outside-the-box talk
  • Are not creative around reward, recognition
    celebration
  • Dont value innovation in leadership

14
Companies that Get It
  • Ensure a sustained
  • innovation process culture
  • The Trick
  • Institutionalize Innovation

15
Clues to Innovative Companies
  • Do they
  • Communicate innovation as a cultural and
    strategic priority?
  • Create a failure-tolerant environment?
  • Protect innovators from bureaucracy?
  • Provide psychic income?
  • Encourage innovation during the good times? (If
    it aint broke, break it.)

16
Clues to Innovative Companies
  • Do they
  • Kill the mindset that innovation is only about
    inventing the Next Big Thing?
  • Build a culture where there is no such thing as a
    bad idea?
  • Start small keep it simple? Peter Drucker

17
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18
2002
1872
19
Clues to Innovative Companies
  • Do they
  • Kill the mindset that innovation is only about
    inventing the Next Big Thing?
  • Build a culture where there is no such thing as a
    bad idea?
  • Keep it focused keep it simple? Peter Drucker
  • Value diversity collaboration?
  • Make it fun?

20
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21
Creativity Culture
Corporate culture The playing field of
innovation
22
Global Innovation Leaders The Worlds Top
Innovators
  • Honeywell
  • Toyota
  • Samsung
  • Nestle
  • Kimberly Clark
  • Microsoft
  • Medtronic
  • Canon
  • Merck
  • Speedo
  • Nokia

23
Innovative Innovators!
  • Bose Reinvests 100 earnings into innovation
  • Williams Sonoma Customer Care Centers
  • Kraft Creates annual innovation budgets
  • Bristol-Meyers Squibb Conducts ideathons
  • Polaroid Creativity Labs
  • Franklin Covey Collaboration Rooms
  • Gore-Tex Innovation Democracy

24
Innovative Innovators!
  • Whirlpool Mandatory course on innovation
  • Dupont Center for Creativity and Innovation
  • Microsoft Microsoft Research
  • Airco Conducts Brainstorms
  • IDEO Consultants in the Art of Innovation
  • The Body Shop DODGI (Department of
    Damned Good Ideas)

25
Beyond Caprice Serendipity Failure as the
Mother of Invention!
  • Post-It Notes
  • Jacuzzi
  • Champagne
  • Urethane Sponge

26
Beyond Caprice Serendipity Failure as the
Mother of Invention!
  • Post-It Notes
  • Jacuzzi
  • Champagne
  • Urethane Sponge
  • Viagra

27
Building a Bridge Between the Workplace of the
Future Our Underprepared Workforce
  • Mandatory core course Navigating the New World
    of Work
  • More live exposure to the corporate world
  • Early skills assessments
  • Internships co-op programs
  • States Partner with, reward, and publicize
    the most innovative companies

28
LEADERSHIP
29
Innovation Like Nailing Jello to the Wall!
  • but
  • We still need a Declaration of Innovation
  • to
  • Harvest the Invisible Intelligence
  • and to
  • Seek the Beneficial Surprise

30
To Avoid This
  • A banker to Thomas Edison
  • Get that _at_! toy out of my office!

31
HAPPY NEW YEAR!
  • Heres to an Innovative 2005!
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