Impact Innovation Culture

This expounds on Innovation Culture that needs to be cultivated in any startup or corporation. Presented at Andela Kenya on 3rd August 2016 by Michael Kimathi.

Transcript

1. IMPACT INNOVATION CULTURE Michael Kimathi t: @mikekimmathi f:michael.plater1 https://web.facebook.com/mkincke/ https://web.facebook.com/impactspacenairobi/
2. WHY? IMPACT INNOVATiON CULTURE
3. AGENDA Impact Innovation Culture • Thought Leadership • World Cafe Presentation 1. Collaboration 2. Ideation 3. Implementation 4. Value Creation
4. COLLABORATION • Silos • Teamwork (Open innovation/Strategic doing) • Listen & explore - What can we do together? • Learn & adjust - How will we learn together? • Focus & align - What should we do together? • Link & leverage - What will we do together? • Collaboration :To work, think & Act together (Relationships),toward (process) something (purpose/outcomes) complex projects.
5. IDEATION • Fresh New Ideas result to innovation • Hospitable and intentional environment is required for this Ideas to thrive • SMEs: • inventory and understand policies and programs that affect entrepreneurs in the community • recognize the contribution of second-stage business • serve businesses at all stages with expansion services • build and enhance entrepreneurship support organization • balance“hunting” and “gardening” resources
6. IMPLEMENTATION • What good are new ideas if they are not put into use? • Engage the best people to champion their ideas and keep those great ideas moving forward • Technology and innovation are the new drivers of economic sustainability. • *note Not Technology or Innovation
7. VALUE CREATION • No value to stakeholdes/customers = No innovation • Effective value delivery • Established (billion dollar/fortune 500) are closing down/ acquired everyday • The purpose of innovation is to create business value • Business vs Innovation business: Culture and timeline
8. TAKE AWAY • Need finding (Core and Edge) • Framing (Important Frame customer experience) • Creative combination ( Gathering concepts to meet customer needs) Diversity is key for strength • Prototyping (Speed is innovation) separated wheat from chuff • Books • The Innovator’s Dilemma - Clayton Christensen • The Paypal Wars- Erick M. Jackson • The Lean Startup - Eric Ries
9. CONSISTENCE BRANDING • Step 1: Brand yourself consistently • Step 2: Brand what you do consistently • Step 3: Rebrand everything redone innovatively • Step 4: Refer to Step 1-3
11. STAY HUNGRY STAY FOOLISH -STEVE JOBS
12. –MK “Only the losers Win.”
13. –Julien Smith ““No one has a problem with the first mile of a journey. Even an infant could do fine for a while. But it isn't the start that matters. It's the finish line.”