Lecture 3: Innovation and Leadership Flashcards

1
Q

Give an example of environmental innovation?

A

Tesla

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2
Q

Who built the first tidal energy farm?

A

Blue water

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3
Q

What are the five stages of the product lifecycle?

A

1) development
2) introduction
3) growth
4) maturity
5) decline

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4
Q

What are Dyer, Gregersen & Christensen’s five innovation skills?

A

1) associating
2) questioning
3) observing
4) experimenting
5) networking

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5
Q

How to create an innovative culture?

A
Behaviour: practice 5 innovation skills
Principles: walk the talk
People: diversity and difference
Environment: creative spaces and meetings
Attitude: be positive and constructive
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6
Q

What are googles 9 principles of innovation?

A

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

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7
Q

Who said ‘innovation distinguishes between a leader and a follower?’

A

Steve Jobs

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