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Ten Types of Innovation: Multiple Ways To Change The Game and Win
Ten Types of Innovation: Multiple Ways To Change The Game and Win
Kirk Froggatt
Sr. Fellow and Gemini Chair in Technology Management
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Today’s Agenda
MS in Management of
TLI develops Technology
business leaders
for technology-intensive
organizations MS in Medical Device
Innovation
MS in Security
Technologies
CSE develops
strong engineers and
scientists
Graduate Minor in
Management of Technology
MOT 4001
and MIN-Corps
4
Technical
Expertise"
5
True or False?
Source:
The Ten Types of Innovation: The Discipline of Building Breakthroughs
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Key Takeaways?
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Financials:
What revenue model and pricing structure will be attractive to customers?
What cost structure will be competitive and sustainable?
Product-Market Fit
Key Takeaways?
The invisible enemy of innovation is cultural inertia.
Cultural inertia begins and ends with(in) ME!
Political
Cognitive Challenge
Challenges Realigning
Denial and talent and
status quo traps capital
Ideological
Unconscious Challenges
incompetence Embracing new
principles
Over-reliance
on strengths
Strategic Challenge
Generating new strategic options
Source:
Gary Hamel, “Leading the Revolution” …..too often becomes the vicious cycle of inertia.
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4a.
1a.
What business model will
What is the problem that
enable success
matters?
(value creation +
For whom, specifically?
efficiency)?
1b.
4b.
What is our proprietary
Can we sustain profitable
technology or application?
growth?
3.
What macro-trends will support
or constrain success?
! What are 2 insights you will take away from today’s discussion?
“Don’t let what you cannot do interfere with what you CAN do.”
Former UCLA coach John Wooden
Additional Resources
www.doblin.com/tentypes
www.steveblank.com
Free online course (Udacity.com):
How to Build a Startup
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