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.
Why Strategic Product Management Matters – Steve Johnson – Episode 48
Strategic product management is critical to any company’s long term growth and success. Without it, companies will never have the ability to plan their future effectively. Product managers must understand the entire value chain from conception through launch and beyond.
Why project management is a behavioral discipline – Marcus Glowasz – Episode 47
The world of data analytics is changing at warp speed. New technologies are emerging every day, and we’re seeing unprecedented amounts of data being generated. This means that we need to be able to analyze this data quickly and efficiently.
Effective Leadership – how to tackle difficult conversations – Jerry Fu – Episode 46
Difficult conversations are inevitable in any organization. They happen every day, and they are often unavoidable. Listen to Mind The Innovation Podcast where Jerry Fu is talking about how to tackle difficult conversations.
Why Trust Between Leaders and Employees is Crucial for Innovation and Growth – Episode 45
Trust is essential to any relationship. It’s also critical to employee engagement and productivity. In this episode, we have guest Dr. Toby Travis, Founder of TrustED® and Executive Consultant with the Global School Consulting Group.
Why Manufacturing Reps Need To Be Prepared With Digital Tools – Tim Paulus – Episode 05
As a manufacturer representative, you need to be ready to take on any task that comes your way. Whether it’s answering customer service inquiries, responding to emails, or managing inventory, you need to be equipped with the right tools to help you complete each job quickly and accurately.
I invited Tim Paulus and asked him to share some insights into his business and how manufacturing reps need to be prepared with digital tools.
Company Culture In A Hybrid Environment – Why It is Important – Josh Levine – Episode 44
Company culture is what makes your company unique. It’s what sets your company apart from other companies. It’s the foundation upon which everything else is built.
Collaboration across the full value chain – Andrew Schwarz – Episode 04
The manufacturer and distributor of the future will be collaborators. The new normal will be far more technology-driven than it is today. In fact, distributors are already collaborating with suppliers on new products and services that they can offer their customers.
Entrepreneur or corporate explorer? A new choice for innovators – Andy Binns – Episode 43
Corporate explorers are people who use their experience within a corporation to help launch new ventures. The biggest difference between corporate explorers and entrepreneurs is speed.
Why manufacturers need to focus on their digital marketing strategy – Bridget Kane-Ferrigan – Episode 03
Today’s manufacturers need to compete in today’s marketplace in order to survive. That means they must adopt new technologies, processes, and strategies to remain competitive. One area where manufacturers need to focus their attention is digital marketing.