like minds 2011, "innovation adoption and diffusion", john w lewis

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Innovation Adoption and Diffusion Strategic Opportunity John W Lewis holosoft

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Page 1: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

InnovationAdoption and Diffusion

Strategic Opportunity

John W Lewisholosoft

Page 2: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Why do you doanything different?

“Insanity is continuing to do the same things,and expecting a different outcome.”

Albert Einstein

“Different is not always better,but better is always different.”

Marshall Thurber

Page 3: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation

How do we improve?

Continuous improvement

Discontinuous improvement

How can we do better? ... much better!

Can we be more effective?

How ?

Page 4: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 5: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 6: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Why do you innovate?

What is innovation?

Can you manage innovation?

Innovation

Page 7: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation

What is innovation?

Improvement

... discontinuously ... in jumps

... with no way back ... with more risk

“People putting ideas into valuable action”

“Behaviour in the presence of novelty”

Page 8: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation

Can we manage innovation?

Can we understand it?

Can we measure it?

Can we repeat it?

Can we manage it?

Yes, we can!

Page 9: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 10: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

AdoptionWhat do you do?

Why choose something new?

When do you adopt it?

What are you criteria?

Page 11: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Adoption

It’s about you!

Knowinformation

Likeadvantage

Trustbenefit

Buyneed+money

Replace/Drop

no need/no money

Page 12: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 13: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Diffusion

It’s about products

Features

Advantages

Benefits

Popularity

Longevity

Page 14: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

DiffusionThrough a population

InnovatorsEarlyAdopters

EarlyMajority

LateMajority

Laggards

Adopter categories

ValueAdvantage

Benefit Popularity

LongevityFuturistic

Page 15: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Diffusion...with a glitch !!

InnovatorsEarlyAdopters

EarlyMajority

LateMajority

Laggards

Adopter categories

ValueAdvantage

Benefit Popularity

LongevityFuturistic

Chasm

Page 16: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Diffusion(Gartner) Hype Cycle

Innovation trigger

Peak ofInflated

Expectations

Trough ofDissillusionment

Slope ofEnlightenment

Plateau ofProductivityPositive

hype

Negativehype

Page 17: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 18: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Strategy

About organisations

In the context of the outside world

Choices of suppliers and customers

Related to internal structure

Page 19: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

StrategyContext

Organisation

Suppliers

Customers

NeedValue

Tactical

Tactical

Product specification

Strategic

Strategic

Marketing

Engineering

- Sales

- Purchases

Outbound

“Product”innovation

“Process”innovationInbound

Page 20: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Strategy

Relationship to tacticsTactics:

Open or closed

Pull or push

Collection and communication

Evaluation and selection

All require criteria based on strategic objectives

Page 21: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Strategy

CriteriaPossible choices:

Technology

Finance

Customers

Best choice?:

Brand!

Page 22: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

StrategyPick your target

InnovatorsEarlyAdopters

EarlyMajority

LateMajority

Laggards

Adopter categories

Value Advantage Benefit Popularity LongevityFuturistic

Page 23: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 24: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Opportunity

About us:

Opportunity / Problem

motivation / perception / sequence

Page 25: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity

Our route plan

Adoption Strategy+ = Capability

Diffusion = Understanding

Opportunity+ = EffectivenessInnovation

Page 26: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

Innovation+Opportunity= Effectiveness

We can be

goal-oriented => Short term

journey-oriented => long term

We can manage innovation!

Page 27: Like Minds 2011, "Innovation adoption and diffusion", John W Lewis

InnovationAdoption and Diffusion

Strategic Opportunity

John W Lewisholosoft