Welcome to IAM Talking, a periodic podcast interview series, with your host, Dan Keldsen, Chief Innovation Officer at Information Architected, Inc. (IAI).

Today IAM Talking with Noah Kagan, the Chief Sumo (CEO) of AppSumo, and we’ll be talking about understanding your market or community, testing assumptions, and understanding why people buy (or for an enterprise spin – do [or not] anything).

AppSumo provides Daily Deals for Web Geeks – and I stumbled onto both AppSumo and Noah in parallel, both as a customer (listen to the podcast to hear more), and in following with his personal activities in marketing and psychology through Ramit Sethi.

It *all* matters… but you need to get started first…

I’d summarize our conversation here, but to be honest, it was quite freewheeling, and one of the most entertaining and honest discussions I’ve captured in recent years.

You’ll find that Noah is very action oriented, which would be easy to view as an addiction to an “ooh, squirrel!” approach to life. But no, Noah can and does dive very deep into experiment in many aspects of his business, and the world of selling online specifically, to rapidly build up solutions.

We didn’t cover his role at Mint in this interview, but if you have any doubts as to what understanding customers pre-launch of an initiative, read about the pre-launch marketing plan for Mint (circa 2007).

Strap in, and hit play below – I guarantee you’ll find some interesting ideas to put into action.

Comments or Questions?

How are you defining your audience, community or market? How do you target? Do you build a product/service for sale to the world before talking to and understanding your customers? How do you target enterprise solutions, if you’re building/buying for employees? Comment below, and we’ll answer and discuss together.

Listen now!

Today, the topic is about redefining innovation – Hint: You’re not starting from Ground Zero.

Welcome to IAM Talking, a periodic podcast interview series, with your host, Dan Keldsen, Chief Innovation Officer at Information Architected, Inc. (IAI).

Today IAM Talking with Ken Tencer, the CEO of Spyder Works Inc. and co-author of the book “The 90% Rule” which we’ll be discussing in this episode.

Ken’s company, Spyder Works, is a branding + innovation firm that enables clients to look at themselves more strategically… to imagine themselves differently in the marketplace. Find out more about Spyder Works at spyderworksdesign.com, and more about the book at 90percentrule.com.

Thanks goes out to Tom Martin of Tom Martin Media, Ken’s PR guy (and a common friend between Ken and I), for making the introduction, and arranging for a soft copy of the book to arrive at my office in advance of the interview.

Key Concepts of the 90% Rule

There is so much attention given to the 80/20 rule (Pareto’s Rule) – which is typically phrased that 80% of returns come from 20% of the appropriately targeted efforts – that immediately the 90% Rule caught my eye.
The core concept of the 90% Rule aligns perfectly with what I’ve been promoting for several years – stop thinking of innovation as THE NEXT BIG THING! (what I call “BIG I INNOVATION”) and focus more time on leveraging what you’ve already done – that 90% of the repeatable core of your business/products/services that you can use to pivot to your next piece of business.

It’s continuous improvement (or what I call “small i innovation”) and offers far more bang for the resource buck than people seem to give credit for.

Ken has some great examples of these pivots or extensions in the interview (listen below) and of course in the book, directly.

As you’re listening to the interview, we briefly discuss the Six Steps to Creating a Culture of Continuous Innovation, and which Ken was kind enough to provide the infographic we discuss, as eye candy to go with the discussion.

Six Steps to Creating a Culture of Continuous Innovation

The end-to-end process and infographic from the book:

Breaking down the six steps, we have:

Step One:  

Revisiting your company’s origins and identify where you want to take it long-term

Step Two: 

Exploring what you *can* be, not just what you are (Note from Dan: We hone in on this step in the interview)

Step Three: 

Building a relevant brand rooted in customer-centric thinking.

Step Four: 

Maximizing leverage by outlining your best opportunities and the criteria upon which to assess them (Note from Dan: decision making and critical thinking lags in almost every organization I run across – ideas are only part of the battle, folks)

Step Five: 

Building an opportunity matrix to determine the human and financial resources required for moving ahead.

Step Six: 

“Speaking” to be heard clearly by all your audiences. (Note from Dan: If you’ve done your work up front in this Design Thinking approach to Innovation, you already know your audience quite well – and now it’s time to reflect that knowledge right back)

Comments or Questions?

How are you defining innovation? How do you target? Are you building on your 90% base, or going for disruptive innovation opportunities? Comment below, and we’ll answer and discuss together.

Listen now!

More details on our practices related to Innovation can be found at:

• Innovation Management Workshops and Coaching/Consulting

Today, the topic is Taking Open Innovation to a Global Organization.

In this episode, I am interviewing Jon Bidwell, the Chief Innovation Officer for Chubb & Son.

Mr. Bidwell is currently responsible for the development and deployment of Chubb’s global innovation platform, designed to engage employees and distribution in the collaborative development of new products, services and process improvements and has been with Chubb since 1983.

Jon and I had first met in Boston at an Imaginatik User Conference – where the sheer speed and completeness of both Jon (and Chubb’s) vision and execution truly stunned me. There is always room for innovation improvement, but as you will hear in this interview, building a strong innovation foundation has given them confidence that the future seeds of innovation have already been planted, sowing both short-term and long-term innovation success.

Key Concepts in Scaling Open Innovation

Scalability is a relative term, and the speed with which you can scale out, in this case to employees on a global scale, is not something that the vast majority of organizations have any experience with. If tapping more than the R&D or marketing departments for innovative ideas is of interest to you, then stay tuned…

Listen now!

Is your Information Architected for Innovation? for Open Innovation? to engage employees, partners, and ultimately, the world?

Contact us at 
617-933-9655 to discuss how you can put in place systematic tools, techniques and yes, technology to make the most of the strengths of the people within AND outside of your organization.

More details on our practices related to Collaboration and Innovation can be found at:

• Innovation Management Workshops and Coaching/Consulting

So that said – here goes.  in keeping with tradition, I  have rolled-up my impression of the conference into an acronym.  This year the conference is characterized as

FAME

OK, to explain the acronym – lets start at the end;

E is for ENERGETIC

More so than ever before, I could not help but feel the energy level of the crowd (Yes crowd, this may have been the most popularly attended E2.0 conference yet), as the spilled out of sessions and milled around the hallways. MAybe it was all that fine Starbucks coffee that was being served – but I think not. Read on…

Now, back to the beginning;

F is for FUNDED

I came away with the impression that most of the attendees were not there for theoretical or introductory eduction – but practical insight on how to succeed with Enterprise 2.0.  Most seemed to be working on real and funded programs, (Which likely was the root of the aforementioned energy level).  I could not help but pick up on this during the various Q and A sessions and one-on-ones that I had.  Indeed, for the first time in 2 years I walked away with no less than 3 real leads – i.e. individuals seeking proposals for targeted consulting.

A is for APPLICATION-focused

The conference responded to the attendees’ focus on real-world issues with a nice mix of case studies, all focused on the leveraging of E2.0 functionality to specific business applications – many presentations in the form of real-world case studies.  My favorite was a group of three panelists all discussing how innovation was managed as a process within their respective organizations, partially based on collaborative software. Innovation Management was a popularly discussed business application at the conference, overall, including 2 of the keynotes.  The crowd was also coached several times by those pioneers of E2.0, the 2.0 Adoption Council members. Their experiences are always a conference highlight.

Lastly,

M is for MATURE

This is perhaps reflective of the other letters in the acronym.  Presentations were far more grounded in real-word examples, workshops were provided by industry veterans, and attendees came seeking practical advice to move funded project forward.  The market has matured.

Both of my presentations focused on implementation issues, each illustrated by real-world examples. The first looked at how culture impacts the implementation of E2.0. (Download slides)

My second presentation, based on a study done with the 2.0 Adoption Council, provided insights into deploying E2.0 in a controlled environment (in this case focusing on privacy issues in the European Union).

In the presentation I broadened the definition and scope of E2.0 (See slide 4) – positioning it within an integrated Enterprise Content Management (ECM) strategy.  (ECM – at least the way I define it.)

In the end, I would have to say that Maturity was the big take away for me this year. In fact,  as I was presenting  E2.0 and Privacy it struck me, and I stated, that I believe the success of the E2.0 show – characterized by the maturing of its focus and audience,  will be the demise of the show or at least the label Enterprise 2.0. Typical of many nascent technologies – they are couched in definitions and frameworks that position them as  business applications. I draw the analogy to imaging. Circa 1990 imaging was discussed as if it were a business application.  People spoke in phrases such as “we do imaging”;  “I am the manager of our imaging application” . It may seem odd to think of scanning technology as a business application,  as opposed to a way to create and share content within business applications – but I assure you that was the case.  Imaging too had a trade show built entirely around it – less we forget that AIIM stands for the Association for information and IMAGE management.

The focus, attitudes and energy surrounding E2.0 are changing.  I do think that the success of E2.0  will be the demise of the conference, as we know it.  But this is a good thing, and it is actually critical. In its nascent state the market focused on E2.0 as an application: “Does your organization have an E2.0 project, budget, leader/champion?”.   This will fade into obscurity as we realize you don’t “do E2.0″, . you leverage this genre of capabilities to facilitate and strengthen and redefine business applications.  This was perhaps foreshadowed in the subtext of this year’s conference title,  “Business Powered by Collaboration.”

I give the conference 2 – 3 years tops,  before it either fades into history, or morphs into something related – but bigger.  This is not a reflection on the show, but market maturity.  In fact once again, Steve Wylie and crew are to be congratulated for their skillful orchestration and attention to detail.  The show was a huge success, but with success will come obscurity (and likely something bigger and better.)

Today, the topic is Business Model Innovation – White Space and You.

In this episode, I am interviewing Mark Johnson, the author of a new book, Seizing the White Space: Business Model Innovation for Growth and Renewal.

Mark is chairman of Innosight, a strategic innovation consulting and investing company with offices in Massachusetts, Singapore, and India, which he cofounded with Harvard Business School professor Clayton M. Christensen. He has consulted to Global 1000 and start-up companies in a wide range of industries—including health care, aerospace/defense, enterprise IT, energy, automotive, and consumer packaged goods—and has advised Singapore’s government on innovation and entrepreneurship.

Mark’s most recent work has focused on helping companies envision and create new growth, manage transformation, and achieve renewal through business model innovation.

Find copies of his new book, Seizing the White Space: Business Model Innovation for Growth and Renewal, at your favorite online or brick and mortar book store. The official website for the book is www.seizingthewhitespace.com.

Key Concepts Covered on White Space Innovation

We cover several of the key concepts, including a deep dive into the Customer Value Proposition (CVP) and the “job to be done” mindset that Innosight typically uses in their work, which is part of an overall trend in innovation management that focuses on the outcomes that customers are searching for, rather than the products, services, or solutions-based approach, which is rapidly becoming a dated and dangerous approach.

We also discuss several aspects of innovation maturity – both from the standpoint of innovation practices, product innovation vs. process innovation vs. white space or business model innovation, as well as maturity in skillsets and personnel to execute on a variety of innovation initiatives.

Listen now!

Listen to the Interview: IAM Talking with Mark Johnson – Business Model Innovation – White Space and You

Reference Materials for White Space Innovation

For reference, two of the figures or graphics referenced from the book, can be found below.

The Four-Box Business Innovation Model

And the Stages of Business Model Implementation

Closing Review

Whether you are just getting started with innovation management, or are already a seasoned innovator, I would readily recommend Seizing the White Space as a worthy addition to your innovation toolkit. Business Model Innovation may be the latest flavor of innovation to get air time, but not without good reason. By re-thinking the fundamentals of at least SOME aspect of your innovation portfolio, to make way for White Space Innovation opportunities, you will be in far better shape than your “head in the sand” competitors.

Is your Information Architected for Innovation? for White Space discovery?

Contact us at 
617-933-9655 to discuss how you can put in place systematic tools, techniques and yes, technology to make the most of the strengths of the people within your organization

More details on our practices related to Collaboration and Innovation can be found at:

• Innovation Management Workshops and Coaching/Consulting

Collaboration – it’s all the rage, and to some it is “new.”

Yet for any project, whether it is assembling a sales proposal in response to a Request For Proposals (RFP), to the collaboration and coordination necessary to build an aircraft carrier, or any size or style of collaboration in between, there are several questions to consider when it comes to modern day collaboration, what many are calling Enterprise 2.0, or for those with a longer history in business collaboration, Knowledge Management 2.0.

Do you believe that your organization has pulled together a suitably versatile and agile collaboration toolkit?

Are your collaboration tools built for distributed teams, or for localized teams?

Are the tools involved well-integrated into the flow of collaborative work (search, research, document, refine, revise, publish, re-use, etc.), or do you as a user of the toolkit have to remember what tool or application to use at various stages within the context of collaboration?

While management may say that “we need more collaboration,” are you measured based on collaborative contributions, or in the end are you actually penalized for team contributions if it gets in the way of your individual work and personal performance measures?

Join us for a discussion (continue discussion in comments below or twitter via #iaie20) on the current and future state of collaboration – and what it takes to ensure that your culture, skills, and technical tools are up to the task of real-time, flexible online collaboration. Not all collaboration efforts or outcomes are the same – make sure you are setting yourself up to succeed.

Watch the Video archive of Webinar

Is your Information Architected for Collaboration? for Innovation? to leverage the strengths of the workers and teams within the organization?

Contact us now at 
617-933-9655 to discuss our Collaboration-focused assessments, consulting or workshops, and to schedule a private 30-minute executive briefing on how we can most effectively work together. You can quickly jump-start or re-start your collaboration efforts, and we can show you how.

Schedule a private executive briefing now

Target your collaboration pains now, details on our consulting practices related to Collaboration and Innovation can be found at:

• Collaboration and Enterprise 2.0 Workshops, Coaching and Consulting
• Innovation Management Workshops and Coaching/Consulting

Driven from the Top

This is the type of interview (audio, video or “just” text) that we typically do with Enterprise 2.0 customer engagements. The “soft” efforts that it takes to actively sow and reap Enterprise 2.0 needs all of the bottom-up AND top-down efforts you can bring to bear – while I’m a big proponent of emergent behavior, there’s nothing like stated dedication to an ongoing effort like a change of management thinking to Enterprise 2.0 to ACTUALLY (rather than theoretically) make change happen.

Allyis was kind enough to host me for 3-days last week in their offices in Kirkland, WA, for two separate sessions – one to continue sowing the seeds of Enterprise 2.0 Thinking (and Doing) with their executive and management team in a 2-day hybrid course of the Enterprise 2.0 Specialist course that Carl and I had developed for AIIM while we were the Market Intelligence unit of AIIM, and a 3rd day which I’ve been describing as a day-long Enterprise 2.0 keynote (I *think* that’s a good thing) largely for clients and the local contacts of Allyis to continue discussing and learning about Enterprise 2.0.

Engagement and 2.0 Nirvana

Fascinating discussions, and very interesting to hear how technology and/or culture lead and lag each other across various departments within companies, or across different organizations. Still a long way to go Enterprise 2.0 Nirvana, but I have to say I was VERY heartened to engage all of the people of Allyis and their peers in the Washington state area.

Hear what Ethan Yarbrough, President of Allyis had to say about the start of their journey, and the ongoing work they are doing to push to the front of the Enterprise 2.0 curve.

What are YOU doing in your business to BE Enterprise 2.0? Let us know – transparency, participation, feedback – no progress without reflection and refinement.

Any efforts that you’ve used to market, sell, educate on Enterprise 2.0 within your organization, chime in  – we’re using these materials to build up the story around the 2.0 Adoption Council. More stories = better.

(Downloadable MP4 version)

Is your Information Architected for Innovation? for Collaboration? to leverage the strengths of the workers and teams within the organization?

Contact us at 
617-933-9655 to discuss how you can put in place systematic tools, techniques and yes, technology to make the most of the strengths of the people within your organization

More details on our practices related to Collaboration and Innovation can be found at:

• Innovation Management Workshops and Coaching/Consulting
• Collaboration and Enterprise 2.0 Workshops, Coaching and Consulting

After all, without a strategy, how are you going to making the changes to your business that you need to make, in order to survive the economic storm, and (if you move quickly and intelligently) to be well positioned to blow past your competition as the economy improves?

But strategy isn’t enough…

Yes, companies need an innovation strategy – and ideally, that innovation strategy is no different from the business strategy at large.

As very smart, and quite wealthy friend of mine once said in doing the upkeep on his home – “if you aren’t fixing it up, it’s breaking down.” And that most certainly applies to businesses and business models as well as it does to homes.

So, innovation strategy should either be your business strategy, or a sub-set of the overall organizational strategy, but strategy, even very deep, extremely well planned strategy will not do a SINGLE thing to move your company forward.

Execution is what counts – the rest is theory

There is an IBM commercial from the early 2000s that I frequently reference, that goes something like this:

A business managers has a room full of his team, and he’s proudly showing off the 3-inch thick paper binder with the “strategy that took us 12 months and 3 million dollars to create. It’s the most cutting-edge strategy we’ve ever had, and we’re extremely excited by this. My question to all of you is… can we do it?”

(dead silence for 10 seconds)

No! Absolutely not! No way!

(the manager is stricken, deathly pale as the team lampoons the strategy)

Strategy needs to connect to reality

By connecting to reality, I mean that while the goal may be to “think out of the box” – you need to take into account how your business operates now, what skills, technical capabilities, existing technology investments, partnerships, clients, etc. exist RIGHT NOW.

Connecting the dots between the current-state of the business, with the future-state of the business, means that the hard work to actually walk that path from here to there, needs to happen, and THAT is all about execution.

Is your team ready? Is your business ready? All of it? A certain piece of it?

Humans are adaptable creatures by nature, but some are more adaptable than others – which is why recommend taking a more scientific approach to understanding which people are equipped to create the brilliant, disruptive ideas, who can run them to actually delivery as a new product or service, who SHOULD be paired up to solve problems, who absolutely should NOT be working on similar teams, and so on. Measure their problem-solving and decision-making strengths, and take the best of the best for each type of problem that comes up, and the odds of successfully solving and executing on the solutions are that much more likely.

While it’s far easier to identify the weaknesses of teams or business models, leveraging the strengths is for many, quite difficult. And while some companies can “turn on a dime” or instigate rapid change throughout the organization, more often, there is a leading and a trailing edge to certain areas of the organization that are likely to make the jump to the future first.

Lead and Pull

Leverage the adapative leaders and pull-through to the rest of your organization, and you just might be able to make your innovation strategy turn into reality.

Interested in finding out how to equip your team with the tools to make innovation happen?

Learn More Two Innovation Training and Assessment Offerings are available