hacking innovation: what innovators really do with chad mcallister, phd

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www.TheEverydayInnovator.com WHAT INNOVATORS REALLY DO HOW BUSINESS OWNERS AND PRODUCT PROFESSIONALS INNOVATE

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Chad McAllister, PhD, Author, Innovation Hacker, Professor, Discusses Product Development And Innovation Insights From Interviews With Product Professionals And Business Owners From Large And Small Businesses What do innovators really do? This is the question our speaker had in mind. To investigate answers, he set out on the road, traveling the US in an RV. Tune in to hear the insights and secrets gained from business leaders, innovators, and product development professionals. "I'm excited to be in the San Francisco Bay Area to meet with passionate product people concerned with product excellence and innovation. Its an honor to be the first speaker to launch the Startup Product Silicon Valley community," says Chad.

TRANSCRIPT

Page 1: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

www.TheEverydayInnovator.com

WHAT INNOVATORS REALLY DO

HOW BUSINESS OWNERS AND PRODUCT PROFESSIONALS

INNOVATE

Page 2: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

www.TheEverydayInnovator.com

THANK YOU FOR ATTENDING!

EVERYONE – RECEIVE PRODUCT INNOVATION EBOOK

3 RANDOMLY SELECTED PARTICIPANTS – RECEIVE $845 E-COURSE AT NO COST TO

PREPARE FOR THE AIPMM “CERTIFIED INNOVATION LEADER”

(CERTIFICATION EXAM REQUIRES A FEE PAID TO AIPMM)

Page 3: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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YOU’RE DOING WHAT?

• RV road trip

Page 4: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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YOU’RE DOING WHAT?

• RV road trip + interviewing innovators, product professionals, and business owners

Page 5: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

www.TheEverydayInnovator.com

YOU’RE DOING WHAT?

• RV road trip + interviewing innovators, product professionals, and business owners

– Business owners of large and small organizations

– Executives responsible for innovation

– Entrepreneurs

– Many happy encounters

Page 6: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

www.TheEverydayInnovator.com

YOU’RE DOING WHAT?

• RV road trip + interviewing innovators, product professionals, and business owners

– Business owners of large and small organizations

– Executives responsible for innovation

– Entrepreneurs

– Many happy encounters

Page 7: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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WHY?

• An itch to scratch

Page 8: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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WHY?

• An itch to scratch• Opportunity to learn from a variety of

practitioners in different contexts– Larger– Small– Entrepreneurs

• Share insights

Page 9: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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About Chad

• Electrical Engineering• Software Development• Project Manager• Product Manager• Project, Product, Innovation

Certifications (PMI, PDMA, AIPMM)• PhD – Requirements and

Expectations• Educator• www.ProductInnovationEducators

.com

Page 10: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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MOST FREQUENTLY ASKED QUESTIONS

• Where have you been?

• What is your favorite place?

• What is your RV?

• Do you still like each other?

Page 11: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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6 QUESTIONS TO SHAPE INTERVIEWS

1. An example of innovation in your company? What makes this innovative?

2. Where did the ideas come from? Is that normal or are there other sources of ideas also?

3. What made it successful?

4. What is the most innovative person in your organization like?

5. Advice for business owners to be more innovative?

6. What else is important to innovation?

Page 12: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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SETTING THE STAGE

• Innovation is…

Page 13: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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SETTING THE STAGE

• Innovation is…

Page 14: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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SOME LESSONS

• Three areas of innovation focus:– Customer– Process– Differentiation

• Culture• Swim with the best

Page 15: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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SOME LESSONS

• Three areas of innovation focus:– Customer– Process– Differentiation

• Culture• Swim with the best

My goal…

provide you with at least one tangible action you can start doing today to be more

successful with innovation.

Page 16: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: CUSTOMER FOCUS

• Can’t control the tangible product?

Page 17: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: CUSTOMER FOCUS

• Can’t control the tangible product?

• Innovate the customer experience.

Page 18: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: CUSTOMER FOCUS – MCDONALD'S

Page 19: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: CUSTOMER FOCUS

• An aggressive focus on customers• Know your customers

– The task or job they want to accomplish– Their perception of value– Make connections

• How can you simply change the customer experience to create a higher value?

Page 20: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: PROCESS FOCUS – LAUNDROMAT OWNER & SOFTWARE MOGUL

Page 21: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: PROCESS FOCUS

• Know what the job is• Hire the right people and let them run• Do the right things at the right times

• Do you know what the problem or objective really is?

Page 22: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: DIFFERENTIATION FOCUS – TIFFIN MOTORHOMES

Page 23: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: DIFFERENTIATION FOCUS – TIFFIN MOTORHOMES

Page 24: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: DIFFERENTIATION FOCUS

• Know what customers want• Offer something that competitors are not• Stay ahead of trends – see what is coming next

• When customers think of your product (goods or services), what stands out to them?

Page 25: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: CULTURE SUBTEXT

• Culture answers:– What is honored?– What is avoided?– What is not tolerated?

• “More important than any of the individual elements, however, is the role played by corporate culture — the organization’s self-sustaining patterns of behaving, feeling, thinking, and believing…” (Booz & Co Global 1000 Report, 2011)

Page 26: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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Page 27: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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Culture Through the Eyes of Kids

Tiffin Motorhomes

Vs

Winnebago Industries

Page 28: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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Culture Through the Eyes of Kids

Tiffin• Smiling faces• Craftsmen• Transparent• Personal• Not repeatable• Family operation

Winnebago• Neutral faces• Hourly employees• Secretive• Assembly line• Solid processes• Public corporation

Page 29: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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Influence of Culture on Innovation

Tiffin Winnebago

Business Strategy Extraordinary customer service

Minimize quality errors

Culture We are family Consistency

Innovation Service Centers Manufacturing Process

Page 30: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: SWIM WITH THE BEST

Page 31: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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LESSON: SWIM WITH THE BEST

• Find the best people in your industry you can get unbiased guidance from. 

• Look for ways to be sharpened and to sharpen others.

• Don’t just learn your trade, master it.

Page 32: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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PRODUCT INNOVATION EBOOK

16 Chapters Covering…

It is in editorial review. To receive it when it is published,

register at:

www.theeverydayinnovator.com/win

Page 33: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

www.TheEverydayInnovator.com

CONNECT WITH MEWWW.LINKEDIN.COM/IN/CHADMCALLISTER/

[email protected]

BLOG: WWW.THEEVERYDAYINNOVATOR.COM

TRAINING: WWW.PRODUCTINNOVATIONEDUCATORS.COM

Page 34: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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THANK YOU

Page 35: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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A FEW RECURRING THEMES

• Trends: SWOTT anyone?• Safety net• Prototype - test - refine - validate• Necessity• Slack time – stepping back

Page 36: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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Culture – A Tasty Example

Page 37: Hacking Innovation: What Innovators Really Do with Chad McAllister, PhD

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CULTURE – KEY TO INNOVATING AS A CHOCOLATE MAKER

• 45 artisan chocolate makers in the US. Problem – how to stand out?

• Apply 3 Ps:1. Personal: the mission is personally motivating2. Powerful: the story is bigger than themselves3. Persuasive: create raving fans that recommend the

business

• What is the story behind your product?