During this first day of 2015, I would like to wish everyone: “happy new year 2015”.
777: 7 wishes for 7 days on 7
1. May this year be full of innovations
2. Creativity better released in businesses and companies
3. Error really allowed by the management
4. Failure an opportunity to learn
5. More people able to think out-of-the-box and start over
6. Digital age taken as an opportunity and not as a tragedy
7. Unthinkable ideas allowed to anybody anywhere…
I thank everyone who helps me every day with their creativity through their knowledge, their ability to go beyond the yellow line, to update this web site and to promote innovation whether technological, industrial, organizational , structural or moral.
I also thank the detractors, those who question our thoughts, our ideas, our views, and that helps me to see things differently, with a different angle or with new analyzes.
To all, a very good year 2015.
How companies can nurture innovation and motivate their talents to bring innovations forward?
Each company is destined to get the results it gets. What I mean by this is that poor organization, lack of solid and sustainable innovation culture lead to poor results, and more than before, to a company’s trouble or death.
Smart business leaders shape the culture of their company to drive innovation. Success and constant positive results come from the implementation and execution of strategies, business models, structure, processes, technologies and incentive systems that encourage innovation.
1. Define your company’s mission around innovation
Many companies don’t have a mission statement, but for those which do, often times statements use generic terms, such as “best product in the world”, “best customer service”… They do not inspire employees to innovate. A strong and inspiring vision should be framed around how the company works to change its customer’s world, for the better.
2. Create the structure to allow employees to experiment new ideas with unstructured time
Successful innovative companies give time to their employees to get away from their daily tasks, to work on personal or company projects not directly related to their work. Then tap into this creative process.
3. Recognize employees’s contribution to the innovation process
Some companies offer monetized incentives. It is hard to assign a $ value to innovation; this is good for sales teams. Some companies give annual innovation awards; it is a good initiative for a short term, but it creates more competition than it encourages collaboration and creates emulation.
4. Return to the past
No new idea is completely original. Some concepts may not have materialized for various reasons, but it is always good to look at the past and understand why it did not work out. You avoid future mistakes, you can find ways to better the products (new technology, new process, new skill…). Start-up companies which by definition don’t have a past can look at what’s be done in the industry, what did not find success, and bounce off this to create something new.
5. Pay attention to culture, not trends
Culture is mass ideology – a system of values and beliefs that runs so deep we don’t question it. There’s an American belief in personal invention and reinvention. You see that in social products like Snapchat and Instagram, which allow us to invent ourselves in the moment. They may seem like a trend. But they reflect a deep underlying value.
6. Continuous education
Self-development is the key to employee’s success. In the same system where company should create a structure for unstructured time, those same companies should create time for continuous education. Allow employees to seek new interests, learn and develop new skills.
7. Allow failure
The essence of innovation is that it takes multiple experiments to successfully create new products, solutions, services. Failure is part of the innovation process. When employees are not afraid of failure, they will feel empowered to take risks and be “crazy”.
The medium-sized companies are becoming fashionable. Helping the crisis, their long-term vision has transformed these organizations ideal company. They are called innovative but ultimately knows how badly it is organized in this area. Analysis.
Do you know the “Global Niche players”? These businesses, often family, who managed to impose itself on the world market by cultivating excellence in a very specific area. This category is called the Mittelstand in Germany or ETI (midsize) in France, all show a system very similar values. They cultivate the art of long-term independence (including financial), love of work well done and are very attached to the mastery of skills (they prefer when it is “homemade”).
These “guidelines” have clearly shaped the culture of innovation in these companies. Several things make it unique compared to large groups. Highly specialized, these companies focus, for example, their efforts in R & D technology and a single. This feature could be deadly but instead stimulates the creativity of the teams. These last are always looking for new uses, new developments to expand the scope of the technology.
Develop performance for the customer
Management “good father” of these companies also impacts the way we consider the return on investment in innovation. Financing capacity is limited, ensure all develop applications more than concepts. SNF, a polymer specialist based in Saint-Étienne (France) providing chemical solutions including hydraulic fracturing, this “constraint” requires chemists to house state of the art scientific literature before making their new polymer and complete the project in six months to prove the concept.
This very applied creativity also requires businesses to include the end user of their product very early in the design. The goal is not to co-develop but to understand what competitive advantages they expect the products they sell them. Rational, a German manufacturer of kitchen equipment group, sells its customers ovens and cooking systems but places great emphasis on saving space that allows for innovation in the kitchen.
First film I have seen on the Google glasses. Interesting.
- Google to open stores for Google Glass? (geeky-gadgets.com)
- Casinos banning Google Glass over cheating threat (slashgear.com)
- Google Glass App for Facebook (kisaso.com)
- SNL ridicules Google Glass (drinkteabesocial.com)
- Wear it well: Time to establish Google Glass etiquette (nbcnews.com)