does your business need an innovation lab?

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Do Housing Associations need Innovation Labs? Paul Taylor @paulbromford Innovation Coach

Post on 12-Sep-2014

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Should your organisation consider a formalised approach for innovation? And should it commit to an Innovation Lab approach? Originally presented at the Chartered Institute of Housing Annual Conference in Manchester, England.

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Page 1: Does your business need an Innovation Lab?

Do Housing Associations need Innovation Labs?

Paul Taylor

@paulbromford

Innovation Coach

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Don’t get involved in delivery

Keep It Simple Stupid

Create prototypes that are safe to failEmbed a culture of innovation

Our learning - The best innovation functions:

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The Innovation Lab is a creative space that tests concepts and ideas before they

become projects.

 The Lab uses the principles of Open

Innovation. the practice of merging your internal assets

and resources with those outside your organisation

 `The Lab is hosted by Bromford and will

contain Bromford colleagues and customers – it will also work with Universities, Think

Tanks, and Entrepreneurs

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It’s a network not a team 

We want our innovation work out in the open. Anyone can pop in and see what we are working on.

It’ll have a lot of visuals – from drawings on walls to actual models people can have a look at and play with. .

.  We want to be able to help colleagues “green-house“ ideas and turn them into practical models and business solutions. We also

want to be able to host visitors who could help Bromford solve big problems that need fixing.

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IncrementalThese are small easily achieved, but often

significant “new and improved” ways of doing things

This work would account for about 30% of the Labs time.

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Colleague Check In – Claiming expenses/Lone Worker Safety eliminated

through development of mobile app

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Breakthrough

This is a truly meaningful change in the way we do business

This work will be approximately 50% of Lab time

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Open Source Communities:Using software and simple applications such as the

Wikihouse model and WikiCommunity to allow customers to start

developing and creating

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Transformational

We are inventing something completely new

The Lab would never spend more than 20% of time on these due to the low conversion rate.

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The £500 Primark home

Disposable living

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Do Housing Associations need Innovation Labs?

Paul Taylor

@paulbromford

Innovation Coach