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InnovationDavid Stein
TORSTAR HR Learning Day, Oct 13.10
“Innovation distinguishes
between
a leader and a follower”
background
David Steinworkbrain co-founder + chief strategist
rypple co-founder + co-ceo
innovation defined
Innovation meanscreative solutions to real problems
result from study and experimentation
can actually be implemented
rypple innovations
3 areas we innovateProduct
DesignBusiness model
rypple innovations
“Game changing management idea”
Social software that
makes feedback easy
rypple innovations
rypple innovations
Performance reviews suck
rypple innovations
People wanteasy, social, feedback.
rypple innovations
Easyminimal features
no expensive training
quick adoption
rypple innovations
Socialwhat you already do
how you really work
fun to use
how we innovate
Embed innovationprime directive: fail fast, fail hard, fail often
embrace failure but learn from it
autonomy to experiment
how we innovate
Feedback/learning culturecontinuous learning
trust and openness
innovative and agileCompetitive advantage
how we innovate
Lessonsdata keeps things objective (egos are fragile)
anonymous feedback helps avoid bad ideas
revisit experiments periodically & cull
how we innovate
It isn’t for everyone
how we innovate
It is for companies that…move fast, and want to stick around
resources
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