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Innovation Happens

How do you operationalize innovation ... No, that is not an oxymoron.
by

Sheridan Foster

on 14 June 2011

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Transcript of Innovation Happens

Create success against the odds
Innovation Happens When ...
Breakthrough Strategy
Tactical Excellence
Choose Wisely
Live the Vision
Get Revenue Flowing
Whether self-funded, corporate sponsored, or venture-backed,
earlier revenue will provide traction.
A business model is more important than a business plan - explore multiple streams.
You must have both!
MEETS
Strategy without tactics is the slow road to victory.
Tactics without strategy is the noise before defeat.
- Sun Tzu, "Art of War"
Nine-tenths of tactics are certain, and taught in books: but the irrational tenth is like the kingfisher flashing across the pool, and that is the test of generals.
- T. E. Lawrence
Set Sail
Forge the Right Team
Plan the Ascent
The mountain will not be conquered in a day.
Map out the stages where you will demonstrate progress.
The team will suceed or fail together.
The links must all serve their function.
Get the boat underway!
There is never perfect data or perfect analysis.
Have the foresight to anticipate changing conditions,
and the strength to maintain momentum while course correcting.
Clearly articulate the destination,
to yourself, your employees, your partners, your backers, ...
Embody the vision, day in and day out.
http://www.flickr.com/photos/carl_blake/2279251382/
Set the Bar High
Make the goals achievable yet challenging.
This maintains energy and creates superior results.
http://www.flickr.com/photos/grafixer/3180236074
http://www.flickr.com/photos/dominicspics/1127762669/
http://www.flickr.com/photos/darwinbell/697998644/
Consensus does not drive innovation.
Cultivate a diverse set of inputs and ideas.
Then make your bet!
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