Innovation is Evolving from Mindset to Heartset

Innovation as a mindset is about the culture, a well structured and systematic innovation management process and discipline. Core to this is an open innovation philosophy (integral to pre-strategy) where ecosystem collaboration (‘collabovation’) and co-creation/curation with relevant stakeholders is key in getting rapid & positive impact.

The evolution to the Heartset is about the deeper emotional connect and helping focus on areas of higher relevance and impact to humanity. Being able to follow one’s gut and intuition for carrying forward powerful game-changing ideas. It is about social entrepreneurship / impact investment.

Innovation is about inspiration for the idea collection/nurturing stage through to perspiration for the implementation/monitoring phase. Similarly it is about transcending one’s passion to an obsession that is what makes a true entrepreneur.

13 Traits of Innovation

There are some key attributes that define a true Entrepreneur and Innovation Leader, here are some key traits to that effect:

1

Have a Vision for Change

Keep up with the times – develop deep Insights / Foresights

2

Fight the Fear of Change

Step out of your comfort zone

3

Think like a Venture Capitalist

Have a clear roadmap, portfolio, ROI plan and simple contextually adaptable business model.

4

Have a Dynamic Suggestions Scheme

Smart IdeaBox with a review of parked ideas – don’t get bogged down in ‘re-inventing wheels’; deploy a thorough Innovation Management discipline)

5

Break the Rules

Challenge assumptions, Skunkworks approach can be useful for disruptive/ radical ideas

6

Give Everyone Two Jobs

SMEs and ‘big picture’ thinkers; visualize, story-board end-to-end use cases and scenarios; have a diverse / multi-disciplinary experts team

7

Collaborate

‘Collabovation’ with an open spirit - the more you share the more value you get back

8

Welcome Failure

Learn to ‘FLearn’, create a culture to Experiment

9

Build Rapid Prototype

From MVVVP  (Minimum Viable, Validated & Valuable Product) to MLP (Most ‘Lovable’ Product) ; adapt design thinking across the entire journey with fashion and functionality going hand in hand

10

Be Passionate

Build a conducive culture of Innovation – get the entire organisation involved and HR to lead

11

Have a strong Conviction

From Mindset to ‘Heartset’

12

Perform Hard Work

As you evolve from Idea to Execution stage there is a mass shift from inspiration to perspiration

13

Apply the FAT principle

Focus, Attention & Thoroughness

“Simplexity" & “Experiation” drive the next wave of global “Collabovation” @ the intersection of Disruptive/Exponential Technologies

Complex
Made
Simple

Simplexity

Collabovation

Open
Collaborative
Innovation

Experiation

Immersive
Experiential
Storyshowing