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.
There are some key attributes that define a true Entrepreneur and Innovation Leader, here are some key traits to that effect:
Have a Vision for Change
Keep up with the times – develop deep Insights / Foresights
Fight the Fear of Change
Step out of your comfort zone
Think like a Venture Capitalist
Have a clear roadmap, portfolio, ROI plan and simple contextually adaptable business model.
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)
Break the Rules
Challenge assumptions, Skunkworks approach can be useful for disruptive/ radical ideas
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
‘Collabovation’ with an open spirit - the more you share the more value you get back
Learn to ‘FLearn’, create a culture to Experiment
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
Build a conducive culture of Innovation – get the entire organisation involved and HR to lead
Have a strong Conviction
From Mindset to ‘Heartset’
Perform Hard Work
As you evolve from Idea to Execution stage there is a mass shift from inspiration to perspiration
Apply the FAT principle
Focus, Attention & Thoroughness