Lecture 3: Innovation and Leadership Flashcards
Give an example of environmental innovation?
Tesla
Who built the first tidal energy farm?
Blue water
What are the five stages of the product lifecycle?
1) development
2) introduction
3) growth
4) maturity
5) decline
What are Dyer, Gregersen & Christensen’s five innovation skills?
1) associating
2) questioning
3) observing
4) experimenting
5) networking
How to create an innovative culture?
Behaviour: practice 5 innovation skills Principles: walk the talk People: diversity and difference Environment: creative spaces and meetings Attitude: be positive and constructive
What are googles 9 principles of innovation?
1) it comes from anywhere
2) focus on user
3) aim to be 10 times better
4) bet on technical insight
5) ship and iterate
6) give employees 20% time
7) default to open processes
8) fail well
9) have a mission that matters
Who said ‘innovation distinguishes between a leader and a follower?’
Steve Jobs