1st Edition

Chance or Choice Unlocking Innovation Success

By Greg McLaughlin, Vinny Caraballo Copyright 2013
    219 Pages 19 B/W Illustrations
    by Productivity Press

    219 Pages
    by Productivity Press

    Twenty-first century advances in technology, transportation, and business models have enabled companies of all sizes to enter markets once thought to be the exclusive domain of giant enterprises. In this environment, innovation has emerged as the competitive differentiator that will propel companies to become global leaders.

    Supplying practical guidance for integrating innovation throughout the organization, Chance or Choice: Unlocking Innovation Success introduces the authors’ proprietary ENOVALE methodology. ENOVALE is a blueprint that provides leaders and managers of any organization with a strategic framework to initiate and maintain innovation and achieve a sustainable competitive advantage.

    What makes this book different is that it originates from decades of experience, cutting-edge research, and empirical evidence. The results come from the authors’ work on Project Impact, an ongoing multiyear global study to measure attitudes, opinions, and disposition of different cultures towards innovation. Expanding on the current definition of innovation, the book:

    • Spells out a detailed "how-to" approach for those responsible for innovation leadership
    • Outlines practical solutions and time-tested strategies
    • Emphasizes the role of the individual as the ultimate innovator
    • Presents concepts that are applicable across a range of industries, including the services industry

    Rather than relegating innovation to the R&D and engineering functions, the book extends the ENOVALE framework into all functions of your organization. It also details a project strategy useful for any type of innovation to help you lead your teams in leveraging the innovative capabilities valued by your customers and users. Throughout the book, the authors outline the tools and concepts you will need to move your organization from simply surviving to thriving in today’s brutally competitive global environment.

    The Innovation Conundrum
    Background
    The Innovation Conundrum
    Project Impact
    Globalization Drives Innovation
    The Final Step
    Summary

    Individuals and Innovation
    Defining How Individuals Perceive Innovation
    Defining the "Means" of Innovation
    Influencing Perceptions of Innovation
    Summary

    The Innovation Business Ecosystem
    Introduction
    Tier 1
    Tier 2
    Summary

    ENOVALE® Solutions
    Introduction
    Summary

    "E" Envision the Need
    Introduction
    Envisioning the Need
    Do Ideas Drive Innovation?
    Unfulfilled Needs
    Discussion Questions
    "New" Innovations
    "Improved Innovations"
    "Change Innovation"
    Summary

    "N" Nominate
    Introduction
    Selecting the Correct Individuals—Understanding of Innovation
    Selecting the Correct Individuals—Values Assessment
    Selecting the Team—Overall Perceptions of the Work Environment
    Keep the Project Objective Focus—Ongoing
    Assembling the Project Team
    Aligning Perceptions
    Summary

    "O" Objectify
    Introduction
    Outcomes
    Outcome Refinement Matrix
    Summary

    "V" Validate
    Introduction
    Evaluating Outcomes
    Using the Success/Risk Evaluation Model Tool
    The Cookie Example
    Summary

    "A" Align and Adapt
    Introduction
    Values and Project Success
    Expectations
    Summary

    "L" Link to Performance
    Introduction
    Performance and Innovation
    Performance Measures
    Global Targeting, Inc.—Proprietary Measurements
    Summary

    "E" Execute the Project
    Introduction
    ENOVALE Solutions
    Final Stage
    Next Steps

    ENOVALE® Strategies—Seven Steps for Innovation Project Success
    Introduction
    Establish a Plan
    Negotiate the Concept
    Operational Profile
         New Innovations
         Improvement
         Innovative Change
    Validate Performance
    Align or Adapt
    Link to Final Performance Measures
    Evaluation and Release
    Summary

    Achieving Success
    Introduction
    Certification
    Long-Term Commitment
    Summary
    References
    Index

    Biography

    Vinny Caraballo, Greg McLaughlin