Mastering Innovation Essentials
Accelerating Growth and Performance
Through Enterprise Agility, Innovation, and Technology
How can visual summaries improve innovation?
Innovation happens in bursts. When an idea sparks your imagination, you have to act fast to see whether it will succeed. Visual summaries help you do just that: They let you capture ideas visually without having to write them down first. You don’t have to worry about losing important details because you’re not writing anything down yet. And once you decide to pursue an idea further, you can easily share it with others.
Visual summaries also help you think creatively. If you want to come up with new ways to solve problems, brainstorming alone won’t cut it. You need to get creative while thinking through solutions. Mastering innovation essentials is even more important now than before and it is the key to unlock future growth.
How do visual summaries affect creativity?
It has been shown that the human mind processes visual stimuli quicker than verbal stimuli. It takes longer to read or hear what we already know. Therefore, by presenting our thoughts visually, we allow ourselves to be open-minded enough to consider new perspectives.
Why should I learn how to make visual summaries?
You probably already know this but here goes anyway: The best way to remember things is to visualize them. By making visualizations, you increase the chances of remembering those things later. Moreover, visualization techniques can enhance learning. If you’ve ever tried drawing a diagram or map, then you understand the power of visualization.
When people create visual summaries, they often find themselves coming up with more original ideas. This may seem counterintuitive since creating visuals requires time and effort. However, studies show that the brain is better able to process pictures than words.
As a result, using visuals helps people generate novel insights. For instance, researchers found that students were much more likely to suggest improvements after viewing a picture rather than reading a description of their peers’ suggestions. In addition, participants generated more unique ideas when asked to draw something instead of typing responses into a computer program. You need to get creative while thinking through solutions.
So many methodology and tools – what do they all mean?
Lean Startup methodology focuses on building minimum viable products, often starting with a single customer segment. This allows teams to learn more about their potential markets faster than traditional projects would allow. Once they’ve learned enough, they can pivot to target different segments. The technique includes continuous integration, test automation, and other practices designed to eliminate delays caused by bottlenecks.
Agility refers to iterative development cycles. It emphasizes quick feedback loops and short iterations. The goal is to release software frequently enough to keep users happy but small enough to avoid wasting too many resources.
Kanban is an old Japanese word meaning “signal”. In kanban systems, cards represent items being worked on. They get moved through the process using signals called “stickies”, which indicate progress towards completion. When the item reaches the end of the line, it gets shipped out.
Pull Systems use pull requests instead of stickies. A request goes to whoever wants to complete it first. If multiple people want to finish at once, then everyone pulls together until only one person remains. Then he finishes his part and sends back the rest of the team.
Scrum is a framework that helps you plan work into manageable chunks. Each sprint consists of user stories that describe features to build. At the beginning of each sprint, you estimate how long it’ll take to implement each story. Afterward, you check if any of the stories were completed late, and adjust accordingly.
The Relationship between Lean and Agile
Combining Agile and Lean offers benefits such as:
- Reduced costs through better processes, reduced cycle time and increased productivity.
- Improved quality by reducing defects and increasing reliability.
- Increased flexibility in response to changing requirements.
- Better communication with customers because you are more responsive to their needs.
- A lean approach can be applied to any type of project or business activity but it’s particularly useful when dealing with complex projects where there may be many stakeholders involved.
What are the benefits of continuous improvement?
Your goal should always be to improve things continuously so they get better over time. If something isn’t improving then change it!
Simplicity: Keep everything simple – don’t complicate things unnecessarily. Make sure all decisions have been made based on facts, not opinions.
Transparency: Be open and honest with everyone including yourself. Don’t hide anything from anyone.
Respect: Treat others the way you want them to treat you.
How does visual management improve communication and processes?
Use visuals whenever possible to communicate information clearly and effectively.
- Focus on results: When making changes make sure you know exactly what will happen before starting work.
- Measurement & Feedback: Always measure progress against goals and keep track of performance using metrics.
- People First: Put people at the heart of every decision.
- Ownership: Take responsibility for whatever happens within your team.
In general, “visual” means something visible or tangible – not necessarily pictures. So, when we talk about visual management, we mean having visibility over things like who did what, how much was spent, whether everything went according to schedule, etc.
There are two main approaches to visual management:
1) Use paper-based tracking.
2) Use electronic tracking.
Both have advantages and disadvantages. Paper-based tracking requires people to physically move around stuff while electronic tracking makes it easier to update information without moving anything. Both also require someone to take care of keeping up with them.
So, in summary, both have pros and cons depending on your situation. You should choose one based on its strengths and weaknesses relative to your particular circumstances.
How to overcome failure & setbacks – Darrell Evans – Episode 28
Setbacks in life are inevitable. You can choose to view them as positive lessons instead. We should learn from our mistakes, but we shouldn’t dwell on them. Minor setbacks can help us grow stronger and get closer to reaching our goals.
How Recognition Increases Employee Engagement and Productivity
Appreciation for employees is one of the most important things any business owner can give their Employees who feel appreciated and recognized for making an impact at work tend to be more engaged and committed to their jobs.
Vulnerability in the workplace is the root of authentic leadership – Zoe Routh – Episode 27
It’s a well-known fact that people who are vulnerable are more likely to be liked, trusted, and respected. They make better leaders because they are open to feedback, willing to admit mistakes, and able to connect with others on an emotional level.
Innovation readiness is a critical issue for any organization – Michael Haynes – Episode 26
It’s easy to think of innovation as something that happens only in the lab or in small start-ups. Yet innovation is a key component of every business strategy.
The Four P’s to Entrepreneurial Business Success – Peter Mohr – Episode 25
In order to become an entrepreneur, you must have entrepreneurial freedom. Entrepreneurship is not a choice, it is a necessity. If you choose to start a business, you must have the right products, processes, and people to make it successful.
Design Thinking – it starts with empathy every time – Gabriel Yoder – Episode 24
Problem solving is an essential part of life. It’s how we get through everyday challenges and solve problems. Problem solving skills are also critical for success in the workplace. Design Thinking is an approach to innovation that combines creativity and critical thinking to solve problems.
Transparency in leadership is an essential component of effective management – Lauren Winans – Episode 23
Transparency in the workplace is an effective way to create a positive company culture and foster employee loyalty and engagement. Leaders who practice transparency in the workplace reap many rewards, including increased productivity, improved morale, and better customer service.
How to inspire leaders to change their approach to innovation in the corporate landscape – Ally Muller – Episode 22
Innovation requires risk-taking, but it also demands that we learn how to fail well. Due to the pace and scale of change are accelerating organizations must adapt to survive which means businesses need to evolve faster than ever to remain relevant and successful. It’s important to open innovation up to everyone to spark curiosity.
When implementing a change, you’re asking people to go into the unknown with you – Flip Brown – Episode 21
Change is inevitable in the workplace, but it doesn’t have to be disruptive or chaotic. In fact, there are many ways to implement organizational changes that will lead to success for your organization.