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1 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation.

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Presentation on theme: "1 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation."— Presentation transcript:

1 1 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation Techniques”

2 2 Everybody’s Talking About “Innovation”!

3 3 Innovation?!

4 4 Confused??!!

5 5

6 6 Innovation Out Of Control!

7 7 Why Study Innovation??!!

8 Change

9 9 Competition

10 ?? Revenue (Millions) Innovation and Top-Line Growth Today Anticipated 5-Year Growth Target Base Revenue Market Expansion M & A New Products In Pipeline Growth Gap

11 “Innovate, Or Die!!”

12 Values of Innovation 12 Teaching Innovation (Helicopter View)

13 13 1. What ShouldWeInnovate?

14 EVERYTHING Is Open To Innovation!! Products, Services, Ideas, Processes, Environments

15 15 Make Version 2.0

16 2. Encourage True Diversity

17 17 Creative Friction Celebrate & Learn From Diversity

18 18

19 3. Get Intimate With Customers

20 20 The Walker Project Use Empathic Study!

21 21 4. Think Visually – Culture of Prototyping

22 22 Mindmapping

23 23 Paper Prototypes

24 24

25 25 5. Temporarily Remove Traditional Tools

26 6. Study Failure 26

27 7. Set Impossible Objectives Together!

28 Too many people…

29 29

30 30

31 31 Non-CommittalLove!!!Retch!!! Urge Polarizing Decisions

32 32 9. Push For Quantity, THEN Quality

33 33 10. Teach Innovation Courage

34 34

35 Differentiation And Innovation Are Now Essential 35

36 36

37 37 Dr. Gary Oster Regent University School of Global Leadership & Entrepreneurship Entrepreneurship Education Forum Norfolk, VA “Teaching Successful Innovation Techniques”


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