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Is Franchising an Innovation Killer or Promoter?. Osama Ghanim. Founder and CEO. Big Mac. Jim Delligatti , an early McDonald's franchisee, invented McDonald's Big Mac sandwich in 1967.
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Is Franchising an Innovation Killer or Promoter? Osama Ghanim Founder and CEO
Big Mac Is Franchising an Innovation Killer or Promoter?
Jim Delligatti, an early McDonald's franchisee, invented McDonald's Big Mac sandwich in 1967. Delligatti said that inventing the Big Mac “wasn’t like discovering the light bulb. The bulb was already there. All I did was screw it in the socket.” Is Franchising an Innovation Killer or Promoter?
OBAMA!2009 Is Franchising an Innovation Killer or Promoter?
OBAMA in 25th Jan 2011: Obama’s answer to the US-crisis “Go all in for innovation” and “out-innovate the rest of the world” Is Franchising an Innovation Killer or Promoter?
Why Innovation? Is Franchising an Innovation Killer or Promoter? Everybody have copied what everybody else have done. All ideas have already been consumed.
Innovation Improves Corporate Value In a tough economy, the most innovative companies have outperformed the S&P 500 as well as the S&P Global 100. The index is derived from a combination of two rankings from the top 50 most innovative companies. The first is a qualitative ranking based on the company's position in the annual BusinessWeek/BCG survey. The second is a quantitative ranking based on three factors used to estimate a company's innovation—three-year earnings growth; three-year sales growth, and R&D as a percentage of sales. Is Franchising an Innovation Killer or Promoter?
On the Rise Accelerating Demand for Innovation • “America is confronting a major economic threat as US firms face a crushing tidal wave of innovation demand.”Forrester Analyst “We are pursuing too many things simultaneously, and our organization can’t successfully build and commercialize them all. Yet … we don’t want to miss the next big thing.” Boston Consulting Group "Where once we optimized our organizations for efficiency and quality, now we must optimize our entire society for innovation."Council on Competitiveness Is Franchising an Innovation Killer or Promoter?
Recent Study with 1500 CEO Is Franchising an Innovation Killer or Promoter?
Recent Study with 1500 CEO Is Franchising an Innovation Killer or Promoter?
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.Alvin TofFleR Is Franchising an Innovation Killer or Promoter?
My favorite quote Is Franchising an Innovation Killer or Promoter? “Whatever made you successful in the past, WON’T in the Future” Lew Platt VD HP
Red Ocean Compete in crowded markets Blue Ocean Create and capture new market space Is Franchising an Innovation Killer or Promoter?
What is INNOVATION? started with an IDEA ended with a VALUE Is Franchising an Innovation Killer or Promoter?
Creativity = Innovation Is Franchising an Innovation Killer or Promoter?
Creativity is Imagination* * In sense of being one way of getting ideas Is Franchising an Innovation Killer or Promoter?
Albert Einstein (55 min formulating the question) “If I had an hour to solve a problem I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions.” Is Franchising an Innovation Killer or Promoter?
Innovation = Innovation Management Is Franchising an Innovation Killer or Promoter?
IPOD Innovation …. Is Franchising an Innovation Killer or Promoter?
Innovative Human do ….see the linkages between seemingly thought by most to be unrelated issues. Is Franchising an Innovation Killer or Promoter?
Tony Fadell • The iPod originated with a business idea dreamed up by Tony Fadell, an independent inventor. • Fadell's idea was to take an MP3 player, build a Napster music sale service to complement it, and build a company around it. • Apple hired Fadell in early 2001 and assigned him a team of about 30 people, including designers, programmers and hardware engineers. Is Franchising an Innovation Killer or Promoter?
The Creative The Innovative The creative … and the Innovative … • Sees the value • Takes the risk • DOER • Imaginative beyond the rest • Relates things differently Is Franchising an Innovation Killer or Promoter?
Born or Learned?Innovation is a skill that you can learn, practice and become proficient at. Is Franchising an Innovation Killer or Promoter?
Creativity is a mind issueInnovation is a system issue Is Franchising an Innovation Killer or Promoter?
Define Innovation in two words only? VALUE IDEA from “innovation is value from idea” osama ghanim * In the coming book “:value from idea” Is Franchising an Innovation Killer or Promoter?
Pre-Idea and Post-Idea Is Franchising an Innovation Killer or Promoter?
Creativity …. To .... Innovation The healthy balance between the three makes innovative organization Value Creation How to get value from the most fruitful ideas. i.e. Highest ROI Atmosphere & Motives What drives people to use their imagination to get creative ideas? Creativity Otherwise ….. Innovation may happen and not sure to happen Is Franchising an Innovation Killer or Promoter?
Pre-Idea and Post-Idea Is Franchising an Innovation Killer or Promoter?
I am helping to put a man on the moon Yes it is a CULTURE Is Franchising an Innovation Killer or Promoter? President Kennedy NASA early 1970s
Creativity Techniques Brainstorming Random Word Association Forced Combination Negative Idea Generation What If? The Dream Trip Lab Work Visual Confetti Headline Mania 6-3-5 Fishing Stories Idea Propping Merlin Your Creative Idol The Relay Baton Zooming Out The Lotus Blossom Trend storming Upside Down The Brain Pool Is Franchising an Innovation Killer or Promoter?
As per Wikipedia 7 7 Step Model A AIDA ARIZ Adaptive Reasoning Advantages, Limitations and Unique Qualities Algorithm of Inventive Problem Solving Alternative Scenarios Analogies Anonymous Voting Assumption Busting Assumption Surfacing Attribute Listing B Backwards Forwards Planning Bodystorming Boundary Examination Boundary Relaxation BrainSketching Brainstorming Brainwriting Browsing Brutethink Bug Listing BulletProofing Bunches of Bananas C CATWOE Card Story Boards Cartoon Story Board Causal Mapping Charrette Cherry Split Chunking Circle Time Circle of Opportunity Clarification Classic Brainstorming Cognitive Acceleration Collective Notebook Comparison tables Component Detailing Concept Fan Consensus Mapping Constrained BrainWriting Contradiction Analysis Controlling Imagery Crawford Slip Writing Creative Problem Solving - CPS Criteria for idea-finding potential Critical Path Diagrams D DO IT Decision seminar Delphi Dialectical Approaches Dimensional Analysis Disney Creativity Strategy Do Nothing Drawing E Escape Thinking Essay Writing Estimate-Discuss-Estimate Exaggeration Excursions F F-R-E-E-Writing Factors in selling ideas False Faces F cont. Fishbone Diagram Five Ws and H Flow charts Focus Groups Focusing Force-Field Analysis Force-Fit Game Free Association Fresh eye G Gallery method Gap Analysis Goal Orientation Greetings Cards H Help-Hinder Heuristic Ideation Technique Hexagon Modelling Highlighting I Idea Advocate Idea Box Ideal Final Result Imagery Manipulation Imagery for Answering Questions Imaginary Brainstorming Implementation Checklists Improved Nominal Group Technique Interpretive structural modeling Ishikawa Diagram K KJ-Method Keeping a Dream Diary Kepner and Tregoe method L Laddering Lateral Thinking Listing Listing Pros and Cons M Metaplan Information Market Mind Mapping Morphological Analysis Morphological Forced Connections Multiple Redefinition N NAF NLP Negative Brainstorming Nominal Group Technique Nominal-Interacting Technique Notebook O Observer and Merged Viewpoints Osborn's Checklist Other Peoples Definitions Other Peoples Viewpoints P PDCA PIPS PMI Paired Comparison Panel Consensus Paraphrasing Key Words Personal Balance Sheet Pictures as Idea Triggers Pin Cards Plusses Potentials and Concerns Potential Problem Analysis Preliminary Questions Problem Centred Leadership Problem Inventory Analysis - PIA Problem Reversal Productive Thinking Model P cont. Progressive Hurdles Progressive Revelation Provocation Q Q-Sort Quality Circles R Random Stimuli Rawlinson Brainstorming Receptivity to Ideas Reciprocal Model Reframing Values Relational Words Relaxation Reversals RoleStorming S SCAMMPERR SCAMPER SDI SODA SWOT Analysis Sculptures Search Conference Sequential-Attributes Matrix Similarities and Differences Simple Rating Methods Simplex Six Thinking Hats Slice and Dice Snowball Technique Soft Systems Method Stakeholder Analysis Sticking Dots Stimulus Analysis Story Writing Strategic Assumption Testing Strategic Choice Approach Strategic Management Process Successive Element Integration SuperGroup SuperHeroes Synectics Systematic Inventive Thinking T TILMAG TRIZ Talking Pictures Technology Monitoring Think Tank Thinkx Thril Transactional Planning Trigger Method Trigger Sessions Tug of War U Unified Structured Inventive Thinking Using Crazy Ideas Using Experts V Value Brainstorming Value Engineering Visual Brainstorming Visualising a Goal W Who Are You Why WhyWhy Wishing Working with Dreams and Images Creativity Techniques Is Franchising an Innovation Killer or Promoter?
Innovation (Ideation) Cycle Problem Or Need Challenge Combine & Evaluate Ideas Implement Most Promising Ideas VALUE Convert into Innovation Challenge Develop Ideas Ideation & Collaborate Is Franchising an Innovation Killer or Promoter?
Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Stage 6 Gate 1 Gate 2 Gate 3 Gate 4 Gate 5 Gate 6 Innovation Stage-Gate Process Strategic Direction • Stages:Gates: • 1. Strategic Direction Direction Clear • 2. Idea Generation Ideas Scored • 3. Concept Definition Concept Approved • 4. Funding Case Funding Approved • 5. Pilot and Test Launch Approved • 6. Launch Final Evaluation HOW GATES WORK: YES, gate criteria are met, move to next step. NO, criteria are not met, idea is parked.
Traditional vs. Open Innovation * * * Henry Chesbrough, Professor & Executive Director of the Center for Open Innovation, Haas School of Business, UC Berkeley
Innovation Roles Leader Problem/ Challenge identifier Pipeline Controller Criticizer Creative Genius Idea Champion Marketer Collector Is Franchising an Innovation Killer or Promoter?
Block 18 Office 24 3rd Floor OurPartners Is Franchising an Innovation Killer or Promoter?
Osama GhanimFounder and Managing Executive as CEO& Chief Innovation Director Osama Ghanim oghanim@innovabia.com @oghanim www.twitter.com/oghanim http://ae.linkedin.com/in/osamaghanim Is Franchising an Innovation Killer or Promoter?
9am to 5pm (8 hours) Thinking Skills (Knowledge) Doing our job = using brain power via stored skills & knowledge in our brain. Thinking hours we give? Its BRAIN DRAINAGE Is Franchising an Innovation Killer or Promoter?
CLIMATE INNOVATION MODEL Culture Atmosphere Thinkers Media Collectors Innovation Funnel Benefits Beneficiary Organization Growth Customer Signal Capture Image Social Media Marketing Inherited Culture Refine, Discuss Correlate, Combine Vendor Hunt Web Products Image Customer Evaluate, feasibility (Market, Financial etc.) Under Construction Culture Employees Open Innovation Innovation Climate Magnet Pull Prototyping or Trial testing e Public Brain Storming Innovation Weather Execution of the idea Sensor Capture Experts Networks Cost Saving Play with the environment Stimulus Motivation Reward Attitude Skills Media Value Matrix (MVM) Collectors List + Collector Location, strength Quality + Quantity (Enrichment) Stages & Gates Goals and Objectives Peoples Experts MediaExpert Collection Expert Innovation Sponsor Innovation Selection Team Atmosphere Expert Start with the end is pictured in mind Is Franchising an Innovation Killer or Promoter?
European Quality Model (EFQM) Is Franchising an Innovation Killer or Promoter?
Natural Evolution 1980 1899 2008 2012 “Never before in history has innovation offered promise of so much to so many in so short a time.” “Everything that can be invented has been invented” “640K ought to be enough for anybody” • ChalresDuell, Commissioner US Office of Patents Bill gates Bill gates ? Is Franchising an Innovation Killer or Promoter?