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10 Commandments of Innovation
VadiK
Inventor
Author
Founder
Teaching by Example
I created 3 world-changing innovations (e-Coach, InnoBall, Innompics) and many smaller soft innovations.
Here are my 10 rules that help me innovate relentlessly.
① Have a Big Dream
Create a daring and inspiring vision of the desired future you want to create.
Develop a vision-focused innovation strategy.
Focus on your core competences and sustainable competitive advantage.
② Inspire Your Team
Communicate your daring strategic intent and lead towards it by example.
Inspire, empower and energize people.
Create an inspiring culture, make business fun.
③ Focus on Customers
Strive to create innovative value for your customers.
Preach and practice customer-driven innovation to create customers.
Involve customers as partners in your new product development process.
④ Be Amazingly Different
Surprise to win: think outside the box and break rules. Play simulation games with disruptive ideas.
Introduce radical innovations and change the name of the game.
Differentiate yourself and your product.
⑤ Question Everything
Challenge assumptions, ask "Why?" and "What If?" questions constantly.
Ask a lot of searching questions, create a culture of questioning.
Ask learning SWOT questions and reassess past decisions
⑥ Synergize
Build your cross-functional expertise and systems thinking skills.
Cross-pollinate ideas, leverage diversity, create synergies.
Build and lead a passionate, entrepreneurial and synergistic cross-functional innovation team.
⑦ Establish the Process
Think A-to-Z. Provide strategic alignment and weighted guiding principles.
Design a business model; establish rules, structure, and a measuring system. Encourage jazz-like improvisationwithin a guiding structure.
⑧ Take Risk
Break rules, take entrepreneurial action – nothing venture, nothing win.
Experiment and learn from market feedback. Learn from failures to start again smarter.
⑨ Lead Change
Create a mindset of creative dissatisfaction to reduce resistance to change. Lead by example, demonstrate entrepreneurial-leadership attributes. Adapt to rapid internal and external change, create positive change.
⑩ Be Entrepreneurial
Develop and practice entrepreneurial creativity daily, learn continually, be persistent. Look for opportunities everywhere and pursue them – with speed. Overcome obstacles, solve problems creatively, turn problems to opportunities.
Innovation is actually a very simple phenomenon.
Innovation is about love – love what you do and love your customers.
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Contacts vk@1000ventures.com
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