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Innovation & Social Entrepreneur

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pulipati shailesh avinash

on 22 January 2013

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Transcript of Innovation & Social Entrepreneur

INNOVATION METHOD MYTHS INTRODUCTION What is a 'myth'? Scott Berkun What is 'innovation'? External factors and problems Secondary
factors 1st Myth To achieve success we have to be aware of external issues Problem solving? Problem finding! If I had 20 days to solve a problem it would take 19 to define it. What do we have? EPIPHANY · New perspective
· Comparison
· Make a prototype
identify their needs 2nd Myth PEOPLE LOVE NEW IDEAS 3rd Myth YOUR BOSS
KNOWS MORE THAN YOU 4th Myth THE BEST IDEAS ALWAYS WIN Relative advantage 1 Compatibility 2 Complexity 3 4 Trialability 5 Observability ? Creative marketing 6 The importance of following a method "All the greatest innovators in history experienced more failures than successes." The challenges of innovation 1. Finding an idea
2. Developing a solution
3. Sponsoring & Funding
4. Reproduction
5. Reaching potential customers
6. Beating competitors
7. Timing
8. Keeping the lights on Finding paths of innovation 1 Gaining self-knowledge
2 Rewarding interesting failures
3 Be intense, but step back
4 Grow to size
5 Honor luck at the past Fear of new things Authority ≠ Talent · Subjective value
· Meritocracy fraud
· Conformism and naivity THE MANAGER ROLE Facing challenges
so the team succeeds · Life of ideas
· Environment
· Protection
· Execution
· Persuasion He maintains the team
united, focused and motivated.
This marks the difference
between success and failure. Culture Dominant designs Tradition Economics Politics Future impact What value does the new thing have compared to the old? How much effort is required to transition from the current thing to the innovation? What are we missing? Comprehension Solutions Accidents happen!
It depends on what we do with the chance CREATIVE
THINKING Creation or modification of a product, and its introduction into a market. DEFINITION Where do the ideas come from? How much learning is required to apply the innovation? How easy is it to try the innovation? How visible are the results of the innovation? Intuitive Simplicity You are not selling an object, you are selling values · Success comes with work and critical points of view · Leadership and making the most of our environment · Marketing TEAMWORK!! 1. Think about your every day activities and the items you use. 2. Focus on an item that could be improved. 3. Propose improvements or alternatives. OBSERVATIONS - Work can supply inspiration - Is this enough? Selling the idea - It's about what we need, not about markets Our
Understanding of Innovation !! Thinking differently,
Insight fully Redefining Old Technology
With New applications Gain more from Less Add Value To The Society And his/her breakthrough ideas and action Social Entrepreneur
Really understands the social issue and the needs of disadvantaged groups Seeing the potential Seeing solutions Meaningful business Own experience Passionate to change WHO WHY Cooperation HOW Many social issues -> huge market for the SE Solves social problems with entrepreneurial principles Innovator Risktaker People are looking for something meaningful to do Success measured by social impact - Sourcing ideas, finance and people from different sources Passion Co-creation Inspiring Vision and Mission Redistributing Profit The Social Enterprise!
Doing good & doing well
-> Creating value for society WHAT Communication flow Delivering the good news Motivation Business doing nothing useful for society will "die" Charity is not the right solution for many issues Innovative solution Delivering the promise Secondary One What is our school's Emerging Niche? Answer Secondary Two Give one example of innovation and social entrepreneurship in our school ? Answer VIP cafe is an example of our school niche.It provides a practicle platform to practice social skills and creative thinking to the students. Secondary Three How do we apply innovation and social entrepreneurship in our dialy life? Answer We can apply to the problems that we face every day through Innovative Ideas that will in turn benefit the community Secondary Four and Five Why do you think it is important to practice innovation and social entrepreneurship? Answer It is important because it extents and strengthens our position in the civil society.Not only that it also opens mental creativity which involves fluency and flexibelity from wide range of displine. Q & A section Innovation and social entrepreneurship
(ISE) Hint: -
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