This document summarizes a presentation on mapping an innovation career path. It discusses how innovation careers are difficult because innovation has many meanings and takes a different type of thinker. Innovation teams can focus on products, technology, infrastructure or be cross-functional. Successful innovation careers require skills like strategic foresight, storytelling, and influence. The presentation provides tips for navigating an innovation career such as assessing goals, developing skills, building networks and considering changing companies.
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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
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
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
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
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
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