Low Risk Innovation

Low risk innovation

Wednesday 15 July 2009

The Innovation of Hope

Low risk innovation

Low risk innovation:


The need for innovation
Rate of change blah blah blah


Be more aware • be more focussed


Stroke correction
We all want to grow
Proactive or reactive

Your business strategy
Growth


Growth
Acquisition
Organic

Video: Saviours in waiting


Video: Outsource your life


The best marketing strategy is to destroy
your industry before somebody else does
– Seth Godin


Do the impossible


Reactive or proactive?
It's all innovation – are you setting the pace or are you
trying to catch up?

The Future is already here. It's just not
evenly distributed.
– William Gibson


Things get better over time


This child will have a better life than her parents and grandparents
But she will still be a misunderstood teenager. She will have her heart broken because she
doesn't have the latest iPod or whatever.
Unlike her peers 100 years ago whose hearts were broken because they didn't have a dress to
wear to the party. Or 30 years ago because they didn't have the latest Barbie doll.

Innovation half-life
What is innovation worth in your strategy? (in Rand)


The best way to realise your
dreams is to wake up!
– Hilary Ford


If my dream is bigger than yours,
you can't lead me
– somebody on Twitter


Stroke correction


You can't do stroke correction yourself. You need a coach.
And a bit of stroke correction goes a LONG way.
And the stroke correction you need now is:
Morale
Hope
Communication
Put it into place
Evolve.

Things you need
A Goal • Skills • Processes • Culture


Innovation at Mondi 1997-2005
7,000

6,190
5,250

3,500

1,750

44 170 356 443 641 768 1,471 3,213
0
1997 1998 1999 2000 2001 2002 2003 2004 2005


Innovation at Mondi 1997-2005
2%
New Product and Process Development 2%
Work, Safety & Health 22%
Environment
Quality
Efﬁciency
Simpliﬁcation of processes 27%

36% 6%
6%

© Catalyst Consulting 2007


What is Today's goal?
Keynote: Low Risk Innovation (www.pepper.co.za)
Global Partnerships (Avaya)
Urban Dominance (Quest)
The SA Labour Landscape (Global Business Solution)
Co-Opetition with India (Aegis BPO Service)
SA's Good News (Steuart Pennington)
The Global Story (IBM)


Skills
Play


How to fold a shirt
For the women in the audience, courtesy of the men


How to fold a shirt (really)
For the men in the audience (courtesy of the women)


Play – a pet problem
Look for the hacks


DVD shopping is broken: pickup on scooter, automatic recommendation
Rubbish bins in cars such that there are people at robots now
Car servicing.

Stroke correction
Narrow your focus
Fix the little things

Processes /
policies

How do you know
which is a good idea?


Culture
Can you implement these ideas?


Never underestimate the power
of a small group of committed people to
change the world: indeed it is the only thing
that can.
– Margaret Mead


You alone can do it.


But you can't do it alone.
– Aletta Lampen


You alone can do it.
But you can't do it alone.
– Aletta Lampen


Stroke correction
Be more aware • be more focussed


Low risk innovation: The Innovation of hope

Strategy  Innovation  Implementation

www.pepper.co.za

Low Risk Innovation

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