LI notes with relevant examples

Page 1

LEADESHIP & INNOVATION Table of Contents Day-1 Day 2 – L&I: Intro Innovation Day 3 – L&I: Technology Push innovation Day 4 – L&I: Innovation of Meaning Day 5 – L&I: Technology Epiphany + Market–Pull Innovation Day 6 – L&I: Leadership Theories Day 7 – L&I: Leadership Theories Day 8 – L&I: New Leadership Theories Day 9 – L&I: Platform technology Day 10 – L&I: Platform thinking Data Day 11 – L&I: Self Leadership Day 12 – L&I: Sustainable Innovation Day 13 – L&I: Humans reaction to change Day 14 – L&I: Motivation Day 15 – L&I: Team Management Day 16 – Exam Simulation Concepts Day 2 – L&I: Intro Innovation •Defining Innovation Scope of innovation Innovation vs Invention Innovation as a broker •Winning with Innovation Complementary Assets First Mover vs Fast Follower Defending innovation Innovation as a Repicable Process •Product Service System (PSS) Service Package and Kano Model •Types of Innovation (Classification) Defining Innovation Innovation is fundamentally about the implementation of a new or significantly improved idea. A key distinction is that it's not considered an innovation until there's a first commercial transaction (Freeman 1974) or it's implemented and used. It can manifest as a new product (goods or services), process, marketing method, or organizational method. •The Oslo Manual defines innovation as "the implementation of a new or significantly improved product (good or service), process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations”. •Schumpeter (1934) viewed innovation as the implementation of new combinations. •Freeman (1974) defined invention “an idea, a sketch or a model for a new or improved device, product, process or system Innovation (in the economic sense) = “it is…