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息 Imaginatik plc 2013 | www.imaginatik.com
How to map out an innovation career path
Innovation Masters Series
September 23, 2013
Deb Arcoleo, The Hershey Company
Chris Townsend, Imaginatik
1 息 Imaginatik plc 2013 | www.imaginatik.com
Why the Innovation Masters Series?
 Hear about innovation best practices from real-world practitioners
 Advance the state of the art of innovation discipline
 Share your perspectives and learn in a community setting
2 息 Imaginatik plc 2013 | www.imaginatik.com
Business is different in the 21st century
Relentless global
competition
Technology
advances
Uncertain
regulatory
environment
Todays organizations
operate in the rapidly-
changing, information-rich
world of the 21st century
meaning they must
constantly adapt and respond
to new competitive pressures,
customer needs, and
technology advances
Changing
customer needs
3 息 Imaginatik plc 2013 | www.imaginatik.com
The new normal: Innovate or Die
Didnt adapt to
streaming video
Result:
BANKRUPT
Didnt adapt to
digital photography
Result:
BANKRUPT
Didnt adapt to
eCommerce
Result:
BANKRUPT
4 息 Imaginatik plc 2013 | www.imaginatik.com
The Age of Innovation: a new corporate rhythm
Operational Excellence
In the 20th century,
corporations competed
primarily on the ability to be
supremely efficient in
making the same products,
sold to the same
customers, using the same
or similar technologies.
Innovation Capability
In the 21st century, operational
excellence is necessary, but not
sufficient, for success.
Companies must ALSO be
fundamentally innovative  due
to constant change in products
and services, competitive
dynamics, customer needs, and
supporting technologies.
The Modern Enterprise
+
5 息 Imaginatik plc 2013 | www.imaginatik.com
43% of global
companies now have
a senior executive
accountable for
innovation.
Wanted: Innovation Leaders
6 息 Imaginatik plc 2013 | www.imaginatik.com
Our company needs
market breakthroughs
within 6 monthsor else.
Make it happen.
We have no idea how
innovation really works. You
tell us what funding /
resources you need.
Common support from the CEO / Board
Innovation Leadership is Hard
7 息 Imaginatik plc 2013 | www.imaginatik.com
Typical enthusiasm across the organization
Middle-mgmt
buy-in
Innovation
strategy
Proven
business
results
Motivation &
incentives
Engagement &
participation
Business as
usual
Culture
change
Not-invented-here Corporate
objectives
I dont have
time for this.
Creativity in
the workplace?
Innovation = flavor
of the month
Innovation Leadership is Hard
8 息 Imaginatik plc 2013 | www.imaginatik.com
Todays topic: Mapping an Innovation Career Path
Entrepreneurship
career aids
?
Degree-granting programs
Professional development
Corporate Innovation
career aids
9 息 Imaginatik plc 2013 | www.imaginatik.com
Deb Arcoleo | Director, Adjacency Innovation
Todays speaker
Management
consulting
Career transition /
change management
consulting
Consumer packaged
goods innovation
10 息 Imaginatik plc 2013 | www.imaginatik.com
How to map an
innovation career
Deb Arcoleo
Director, Adjacency Innovation
The Hershey Company
11 息 Imaginatik plc 2013 | www.imaginatik.com
 Why is a career in innovation so difficult?!
 Innovation team types, skills and characteristics
 Navigating a career in innovation
Innovation career paths
12 息 Imaginatik plc 2013 | www.imaginatik.com
1. Innovation has many different meanings
Crowd sourcing
Co-development
Technology search CULTURE
13 息 Imaginatik plc 2013 | www.imaginatik.com
Obviously, the most common meaning is a new
product or service offering to customers
14 息 Imaginatik plc 2013 | www.imaginatik.com
Defined more broadly, innovation can cover
a wider slice of the value chain
Source: Doblins Ten Types of Innovation
Business
model
Networking Enabling
process
Core
process
Product
performance
Product
system
Service Channel Brand Customer
experience
FINANCE PROCESS OFFERING DELIVERY
15 息 Imaginatik plc 2013 | www.imaginatik.com
Culture, capabilities,
leadership behaviors,
etc.
Process, business
model, etc.
Each organization needs to decide on the scale and
scope of its innovation strategy
Products/
services
16 息 Imaginatik plc 2013 | www.imaginatik.com
2. Unlike other professions, innovation has no guide book
17 息 Imaginatik plc 2013 | www.imaginatik.com
Ph.D. Program in Human Resources
Cornell Universitys ILR School: A world
leader in Human Resource Management
How do you spot a profession?
18 息 Imaginatik plc 2013 | www.imaginatik.com
3. It takes a different breed
19 息 Imaginatik plc 2013 | www.imaginatik.com
Ill be happy to give you innovative thinking.
What are the guidelines?
A different way of thinking
20 息 Imaginatik plc 2013 | www.imaginatik.com
Innovation has a thousand
enemies: inertia, ignorance,
resistance to change,
stupidity, etc. etc. . .
if innovation were easy, more
people would do it.
- Guy Kawasaki
21 息 Imaginatik plc 2013 | www.imaginatik.com
QUESTIONS?
22 息 Imaginatik plc 2013 | www.imaginatik.com
 Why is a career in innovation so difficult?!
 Innovation team types, skills and characteristics
 Navigating a career in innovation
Innovation career paths
23 息 Imaginatik plc 2013 | www.imaginatik.com
Chief
Innovation
Officer
Assistant Small Staff
Chief Innovation Officer
24 息 Imaginatik plc 2013 | www.imaginatik.com
BU 1
Marketing
Market
Research /
Insights
BU2
Marketing
Market
Research /
Insights
Cross-functional
partners
Cross-functional
partners
Product innovation teams
25 息 Imaginatik plc 2013 | www.imaginatik.com
Platform A
Research
Engineering
Platform B
Research
Engineering
Open
Innovation
Technology innovation focused teams
26 息 Imaginatik plc 2013 | www.imaginatik.com
Center of
Excellence
Capabilities/
Training
Rewards/
Recognition/
Engagement
Culture/
Leadership
Process / Tools
Infrastructure focused teams
27 息 Imaginatik plc 2013 | www.imaginatik.com
Needed skills depend on the role 
 but there are commonalities
28 息 Imaginatik plc 2013 | www.imaginatik.com
Strategic foresight
29 息 Imaginatik plc 2013 | www.imaginatik.com
Deep understanding of the business
30 息 Imaginatik plc 2013 | www.imaginatik.com
Organizational influence
31 息 Imaginatik plc 2013 | www.imaginatik.com
Stakeholder management
32 息 Imaginatik plc 2013 | www.imaginatik.com
Ability to spot patterns
33 息 Imaginatik plc 2013 | www.imaginatik.com
Master storyteller
34 息 Imaginatik plc 2013 | www.imaginatik.com
 Persistent
 Courageous / experimenter
 Passionate / energetic
 Intensely curious
 Empathetic
 Creative AND pragmatic
 Tolerant of ambiguity
 Agile and flexible
My very unscientific list of characteristics/ traits
that I want among my team
35 息 Imaginatik plc 2013 | www.imaginatik.com
QUESTIONS?
36 息 Imaginatik plc 2013 | www.imaginatik.com
 Why is a career in innovation so difficult?!
 Innovation team types, skills and characteristics
 Navigating a career in innovation
Innovation career paths
37 息 Imaginatik plc 2013 | www.imaginatik.com
 Assess your goals and aspirations against the
realities of an emerging profession
 Be open-minded about what the role looks like
 Find a senior sponsor
 Hone your change management and influencing
skills
 Become a master communicator and story-teller
 Build habits that stimulate your thinking
 Build a network of fellow innovators
 Consider that you may have to change
companies to progress
Setting the stage for an innovation career
38 息 Imaginatik plc 2013 | www.imaginatik.com
When you win,
make sure everyone knows!!
39 息 Imaginatik plc 2013 | www.imaginatik.com
Never doubt that a small group of
thoughtful, committed citizens can
change the world; indeed, it's the
only thing that ever has.
- Margaret Mead
Remain hopeful
40 息 Imaginatik plc 2013 | www.imaginatik.com
Imaginatik plc
Thank you!
Deborah Arcoleo
Director, Adjacency Innovation
The Hershey Company
darcoleo@hersheys.com

More Related Content

Imaginatik webinar 2013 - How to map an innovation career

  • 1. 息 Imaginatik plc 2013 | www.imaginatik.com How to map out an innovation career path Innovation Masters Series September 23, 2013 Deb Arcoleo, The Hershey Company Chris Townsend, Imaginatik
  • 2. 1 息 Imaginatik plc 2013 | www.imaginatik.com Why the Innovation Masters Series? Hear about innovation best practices from real-world practitioners Advance the state of the art of innovation discipline Share your perspectives and learn in a community setting
  • 3. 2 息 Imaginatik plc 2013 | www.imaginatik.com Business is different in the 21st century Relentless global competition Technology advances Uncertain regulatory environment Todays organizations operate in the rapidly- changing, information-rich world of the 21st century meaning they must constantly adapt and respond to new competitive pressures, customer needs, and technology advances Changing customer needs
  • 4. 3 息 Imaginatik plc 2013 | www.imaginatik.com The new normal: Innovate or Die Didnt adapt to streaming video Result: BANKRUPT Didnt adapt to digital photography Result: BANKRUPT Didnt adapt to eCommerce Result: BANKRUPT
  • 5. 4 息 Imaginatik plc 2013 | www.imaginatik.com The Age of Innovation: a new corporate rhythm Operational Excellence In the 20th century, corporations competed primarily on the ability to be supremely efficient in making the same products, sold to the same customers, using the same or similar technologies. Innovation Capability In the 21st century, operational excellence is necessary, but not sufficient, for success. Companies must ALSO be fundamentally innovative due to constant change in products and services, competitive dynamics, customer needs, and supporting technologies. The Modern Enterprise +
  • 6. 5 息 Imaginatik plc 2013 | www.imaginatik.com 43% of global companies now have a senior executive accountable for innovation. Wanted: Innovation Leaders
  • 7. 6 息 Imaginatik plc 2013 | www.imaginatik.com Our company needs market breakthroughs within 6 monthsor else. Make it happen. We have no idea how innovation really works. You tell us what funding / resources you need. Common support from the CEO / Board Innovation Leadership is Hard
  • 8. 7 息 Imaginatik plc 2013 | www.imaginatik.com Typical enthusiasm across the organization Middle-mgmt buy-in Innovation strategy Proven business results Motivation & incentives Engagement & participation Business as usual Culture change Not-invented-here Corporate objectives I dont have time for this. Creativity in the workplace? Innovation = flavor of the month Innovation Leadership is Hard
  • 9. 8 息 Imaginatik plc 2013 | www.imaginatik.com Todays topic: Mapping an Innovation Career Path Entrepreneurship career aids ? Degree-granting programs Professional development Corporate Innovation career aids
  • 10. 9 息 Imaginatik plc 2013 | www.imaginatik.com Deb Arcoleo | Director, Adjacency Innovation Todays speaker Management consulting Career transition / change management consulting Consumer packaged goods innovation
  • 11. 10 息 Imaginatik plc 2013 | www.imaginatik.com How to map an innovation career Deb Arcoleo Director, Adjacency Innovation The Hershey Company
  • 12. 11 息 Imaginatik plc 2013 | www.imaginatik.com Why is a career in innovation so difficult?! Innovation team types, skills and characteristics Navigating a career in innovation Innovation career paths
  • 13. 12 息 Imaginatik plc 2013 | www.imaginatik.com 1. Innovation has many different meanings Crowd sourcing Co-development Technology search CULTURE
  • 14. 13 息 Imaginatik plc 2013 | www.imaginatik.com Obviously, the most common meaning is a new product or service offering to customers
  • 15. 14 息 Imaginatik plc 2013 | www.imaginatik.com Defined more broadly, innovation can cover a wider slice of the value chain Source: Doblins Ten Types of Innovation Business model Networking Enabling process Core process Product performance Product system Service Channel Brand Customer experience FINANCE PROCESS OFFERING DELIVERY
  • 16. 15 息 Imaginatik plc 2013 | www.imaginatik.com Culture, capabilities, leadership behaviors, etc. Process, business model, etc. Each organization needs to decide on the scale and scope of its innovation strategy Products/ services
  • 17. 16 息 Imaginatik plc 2013 | www.imaginatik.com 2. Unlike other professions, innovation has no guide book
  • 18. 17 息 Imaginatik plc 2013 | www.imaginatik.com Ph.D. Program in Human Resources Cornell Universitys ILR School: A world leader in Human Resource Management How do you spot a profession?
  • 19. 18 息 Imaginatik plc 2013 | www.imaginatik.com 3. It takes a different breed
  • 20. 19 息 Imaginatik plc 2013 | www.imaginatik.com Ill be happy to give you innovative thinking. What are the guidelines? A different way of thinking
  • 21. 20 息 Imaginatik plc 2013 | www.imaginatik.com Innovation has a thousand enemies: inertia, ignorance, resistance to change, stupidity, etc. etc. . . if innovation were easy, more people would do it. - Guy Kawasaki
  • 22. 21 息 Imaginatik plc 2013 | www.imaginatik.com QUESTIONS?
  • 23. 22 息 Imaginatik plc 2013 | www.imaginatik.com Why is a career in innovation so difficult?! Innovation team types, skills and characteristics Navigating a career in innovation Innovation career paths
  • 24. 23 息 Imaginatik plc 2013 | www.imaginatik.com Chief Innovation Officer Assistant Small Staff Chief Innovation Officer
  • 25. 24 息 Imaginatik plc 2013 | www.imaginatik.com BU 1 Marketing Market Research / Insights BU2 Marketing Market Research / Insights Cross-functional partners Cross-functional partners Product innovation teams
  • 26. 25 息 Imaginatik plc 2013 | www.imaginatik.com Platform A Research Engineering Platform B Research Engineering Open Innovation Technology innovation focused teams
  • 27. 26 息 Imaginatik plc 2013 | www.imaginatik.com Center of Excellence Capabilities/ Training Rewards/ Recognition/ Engagement Culture/ Leadership Process / Tools Infrastructure focused teams
  • 28. 27 息 Imaginatik plc 2013 | www.imaginatik.com Needed skills depend on the role but there are commonalities
  • 29. 28 息 Imaginatik plc 2013 | www.imaginatik.com Strategic foresight
  • 30. 29 息 Imaginatik plc 2013 | www.imaginatik.com Deep understanding of the business
  • 31. 30 息 Imaginatik plc 2013 | www.imaginatik.com Organizational influence
  • 32. 31 息 Imaginatik plc 2013 | www.imaginatik.com Stakeholder management
  • 33. 32 息 Imaginatik plc 2013 | www.imaginatik.com Ability to spot patterns
  • 34. 33 息 Imaginatik plc 2013 | www.imaginatik.com Master storyteller
  • 35. 34 息 Imaginatik plc 2013 | www.imaginatik.com Persistent Courageous / experimenter Passionate / energetic Intensely curious Empathetic Creative AND pragmatic Tolerant of ambiguity Agile and flexible My very unscientific list of characteristics/ traits that I want among my team
  • 36. 35 息 Imaginatik plc 2013 | www.imaginatik.com QUESTIONS?
  • 37. 36 息 Imaginatik plc 2013 | www.imaginatik.com Why is a career in innovation so difficult?! Innovation team types, skills and characteristics Navigating a career in innovation Innovation career paths
  • 38. 37 息 Imaginatik plc 2013 | www.imaginatik.com Assess your goals and aspirations against the realities of an emerging profession Be open-minded about what the role looks like Find a senior sponsor Hone your change management and influencing skills Become a master communicator and story-teller Build habits that stimulate your thinking Build a network of fellow innovators Consider that you may have to change companies to progress Setting the stage for an innovation career
  • 39. 38 息 Imaginatik plc 2013 | www.imaginatik.com When you win, make sure everyone knows!!
  • 40. 39 息 Imaginatik plc 2013 | www.imaginatik.com Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has. - Margaret Mead Remain hopeful
  • 41. 40 息 Imaginatik plc 2013 | www.imaginatik.com Imaginatik plc Thank you! Deborah Arcoleo Director, Adjacency Innovation The Hershey Company darcoleo@hersheys.com