Innovation Mindest

In this talk Matthew discusses the mindset needed to innovate and create value in enterprises drawing inspiration from some unlikely sources.

Transcript

1. An Innovation Mindset © Matthew C. Rogers-Draycott I 2016
2. An Innovation Mindset: A framework which, when applied at any level provides safe spaces for people to pursue opportunities…
3. 7 Key Principles:
4. 1. Knowledge is King
5. 2. Feedback is Healthy
6. 3. Nothing is Finished
7. 4. Everything is on the Table
8. 5. Iteration is Crucial
9. 6. Failure is Always Possible
10. 7. Culture is the Core
11. Implementation: Apply theses principles to every aspect of your business and see what happens!
12. Product Values… Slinky - Well over a Billion pounds in revenue Tamagotchi - multi-millions in revenue Magic 8 Ball - multi-millions in revenue Furby - billions in revenue, still making money nearly two decades later! Pet Rock - Over £10 million in revenue ‘Yellow Smiley’ - Over £99 millions in revenue annually, one of the top 100 licencing companies in the world WD-40 - Net sales of £288 million in 2015 alone! Billy Bob Teeth Inc. - Estimated annual sales in excess of £1.5 million
13. Image Credits, Thank you: Slide 1 - Flickr, Bobby Nicholson, bubz85 Slide 4 - uktamagotchifreinds, advert screen capture (Uncredited) Slide 5 - Flickr, bark Slide 6 Flickr, Amanda, blamethecrane Slide 7 - Fox TV (Uncredited) Slide 8 - Flickr, NEO, w3i_yu Slide 9 - WD40.com (Uncredited) Slide 10 - Flickr, Lora Risley Images,