Sessions D & J: Igniting Innovative Thinking & Action (parts one and two) presented by Jeanne Larson, president, The Incubator.

1. Innovation=Creativity * Risk Taking FORWARD 2011 RETURN TO INNOVATION & GROWTH Jeanne Larson, MBA September 20, 2011

2. Igniting Innovative Thinking & Action…. http://www.youtube.com/watch?v=jp_oyHY5bug&feature=related

3. Risk taking---Exercise in new thinking & doing You have 3 minutes to introduce yourself to each other at your table or across tables in a new & different way! Now draw a picture of your neighbor in 2 minutes!

4. The most valuable organizations of the future will be rich in ideas, embody a culture where innovation is a core capability and value, and will embrace new and unusual ways of fostering innovation. PriceWaterhouse Coopers

5. Entrepreneurs & Intrapreneurs Because entrepreneurs have had the courage to ask questions and take risk—wheels were invented, humans learned to fly, machines were made to work more efficiently and the world moved forward. The spirit to invent and innovate lies at the heart of true entrepreneurship.Janine de Nysschen (blog)

7. How to use things in ways that have never been done before.

9. The telephone has too many short comings to be seriously considered a means of communication. Western Union Internal Memo, 1876 There is no reason for any individuals to have a computer in their home. Ken Olson, President of DEC, 1977 Airplanes are interesting toys but of no military value. Marshall Ferdinand Foch, Professor of Strategy, Ecole Superiere de Guerre

10. 1984

11. 1949

12. 1970’s

13. No one ‘envisioned search-engine optimizers or web designers or executive coaches or nano technologists… When we’re cabined in the present, we suffer from a certain poverty of imagination. We massively underestimate the human ingenuity and resilience. The future will bring industries we can’t imagine and jobs which we lack the vocabulary to describe. Daniel Pink as interviewed by Geoffrey Colvin, CNN Money .com What I’m actually saying is that when the world is flat, the biggest competition is between you and your imagination. Thomas Friedman

14. Imagine it is 1995 I’m going to describe two new encyclopedias –one just out, the other to be launched in a few years. You have to predict which one will be more successful in 2010. The first encyclopedia comes from Microsoft. Microsoft will fund this encyclopedia, pay professional writers and editors to craft articles on thousands of topics. Microsoft will sell it on CD-roms. The second encyclopedia won’t come from a company. It will be created by tens of thousands of people who write and edit articles for fun. Participants will contribute their labor. The encyclopedia will be on-line and free—no charge to anyone. Which one will be successful and which one will go defunct? Story in the book, DRIVE, by Daniel Pink

15. How are you at this.... No idea is so outlandish that it should not be considered. Winston Churchill

16. Why is innovation important? Greater efficiencies Increased revenues Better ways of delivering services New services/product ideas Improved service to customers and clients Results……Better, Faster, Cheaper

17. starts with you! innovation

18. Two key assumptions Every individual has the capacity to innovate...& to be more innovative than they currently are! Every leader can foster greater creativity, risk taking and innovation in those around them.

19. IN SHORT The capacity to innovate is about the ideas we think about, creativity, and the risks that we’re willing to take to bring those ideas into reality.

20. They are ill discoverers that think there is no land, when they can see nothing but sea. Sir Francis Bacon if you are always focused on the predictable..you may miss the opportunity...

21. Examples of innovation in your organization or industry?

22. Creativity & Risk Taking are the fundamental competencies needed by individuals and organizations to create the accelerated change and directional shifts necessary for growth and renewal. Richard Byrd, Ph.D.

23. Creativity–Exercise in new thinking & doing There are 3 objects: Top Hat Wheel Barrow Fishing Rod As a group, answer the following question: What are the similarities amongst these 3 items?

24. The Creatrix FEI EventCreativity Score: 133Risk Taking Score: 158GroupOrientation: Modifier

25. What is interesting about these results? Advantages & Disadvantages?

26. What about your own results?

27. Do these results fit for you? Why? Why not? Who do you like best to work with/supervise? Least to work with/supervise? Pair up....any other insights from others?

28. Teams, Teams, Teams Before you can select the right team members for innovative problem solving, you need to understand: What you are trying to achieve with the team—What result are you looking for? and then….. What are the right Creatrix Orientations to include on that team?

29. Creativity & Risk-Taking Drivers Creativity Drivers Ambiguity Independent Inner-Directed Uniqueness Risk-Taking Drivers Authentic Resilient Self-Accepting

31. The 3 Risk-Taking Drivers? Authenticity- “Resolved, that the women of this nation in 1876, have greater cause for discontent, rebellion and revolution than the men of 1776”. Susan B Anthony Resiliency-“Many of life’s failures are people who did not realize how close they were to success when they gave up”. Thomas Edison Self-acceptance- “Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves”. Marie Curie

32. FEI Event Drivers

33. Practices for YOU, as a leader

35. “The illiterate of the future are not those who can’t read and write but those that cannot learn, unlearn, and re-learn.” Alvin Toffler, Future Shock Contact information: jlarson@incubatorinc.com 218-663-7423

36. What if….? You had 7 fingers Each day for 30 min gravity ceased to exist Discuss & write down your ideas in your group

37. What if…..? Think about your ‘what if’ for your work and organization and write them down. Now pass around each of your ‘what ifs’ to each member of your group and they write down their ideas to your ‘what if’ – Result? What have you just created and can take action on when you return to your community?

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