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Innovation is not a one night stand | Philip Vyt | TEDxVlerickBusinessSchool


hello good evening everyone it’s really

exciting to standing on this stage and

this is actually a very great view I’m

going to be very honest with you from

the beginning

my introduction will probably be a bit

more different and quite explicit a

little bit x-rated if you will and if

you read my title then probably a lot of

you are frightened of this question but

I’m going to ask it anyway who have you

ever had a one-night stand come on don’t

be afraid okay so I see some smile in

your faces I see some people that really

are thinking back of that memory and I’m

happy that I could deliver that for you

but also see some people that are a bit

more doubting that are a bit more afraid

and then I see a third group of people

and this third group maybe doesn’t know

what I’m talking about or doesn’t really

want to know what I’m talking about but

that’s no problem I’ll take my time and

I’ll try to explain what a

one-night-stand this because you will

see that this method fool will be used

as we go along in my presentation first

of all a one-night stand is a special

event it’s some kind of a momentum so

it’s a special event but in another way

it’s a very simple a very elementary

build-up and I’ll take you through this

one first of all of course you meet

somebody you meet somebody new you meet

somebody excited and besides food

there’s probably quite some drinking

involved to this in most cases there’s a

lot of drinking involved but the night

proceeds and you start dancing there’s

some music it really gets fun it’s this

high energy and at a certain point you

realize that you run the same pace you

realize that you have the same energy

you realize that there’s some kind of

yeah as I said a momentum but it’s more

than talks a one-night stand is not just

about talks there’s a sexual build-up

step by step this sexual tension becomes

bigger until the moment where you reach

the climax and if you’re really lucky

you reach

– okay fun part done I’ll quickly take

you to a time hub five six hours later

you wake up different story your mouth

is dry you have a headache you really

feel different and you look to your

right you look to your left

she’s not there she’s actually gone you

just realized that you’re all alone you

SMS her you send a text message you call

her you go on LinkedIn on Facebook all

of the channels but there’s no response

there’s only uh Terr

silence next time up five to six months

later you meet your friends your

partners in crime the people that really

put you through all this and when you

get together you have a few drinks and

they come with a new question they asked

you the question did you ever meet her

again do you know what happened to her

did you had the chance to speak with her

did you had a chance to meet her again

face to face do you actually know what

she is doing and then you think you step

back and you think about all the text

message you said all the calls and you

have to admit I don’t have a clue where

she is I completely lost track of her

and this is where I really want you to

stand still for a moment and think about

that because I’m going to switch from

storytelling to something deadly serious

I’ve been talking about one-night stands

and it’s the fun thing and basically

what it is it builds up tension you go

step by step you go to a sexual peak and

then all of a sudden it plummets it’s

something what we call the souffle

effect and we see the souffle effect we

see it in innovation nowadays because

innovation is such a hot topic

everybody’s talking about it everybody

wants to do it and everybody wants to do

it fast and if you would be a CEO today

innovation would be amongst the top

three priorities because if it wouldn’t

you would be a bit strange you would be

very different

than other CEOs but what we see is that

innovation is currently handled from a

very much standpoint as an event

business its entertainments it’s a one

night stand and I’ll quickly explain how

we observe this today I’ll take it to a

short story if you would be a CEO you

probably would group your management

team together and you would send them on

an off-site probably to the audience and

you would have a very expensive

consultant to join them you would pack a

bunch of post-its put them on the table

and you will start building a team

atmosphere and the people they will grow

closer together and they will dream

where their company could go in two or

three or four years and posters go on

the wall ideas grow and when you end

these exercises you can end up with 350

ideas a customer of ours did an

innovation they global 350 ideas were on

the table then those people go back to

their jobs and on Monday they realize

that they have a number of emails piled

up of their normal work their day-to-day

job they go back to meetings they missed

they check in with people and four to

five months later they look back and

they think we really had a really nice

management team back in the audience

remember that the CFO got drunk yeah the

student was really good and what did we

do with those ideas and then in most

cases it’s really silent because those

350 ideas are probably on somebody’s

desk and nothing has happening and this

is what we’re struggling with this is

where I want to take a next step and say

that innovation requires a strategy if

you consider innovation to be an event

business entertainment inspiration then

you don’t have value and this is where I

want to get your attention with three

pragmatic tips three trap pragmatic

pointers and the first one will be a

very specific guideline the second one

will be a bit more on the organization

and process level and the third one will

be more on how you look at innovation

and what

Livas what is a kind of philosophic note

at the end the first one you need to

think beyond the posted exercise if you

look at innovation of just being a

brainstorm then you end up with nothing

innovation is about execution and of

course those brain storms are fun and

it’s really excited to be in one room

and to grow closer together but what you

really want to have is execution power

you want to realize stuff because in the

end if you get a good idea it doesn’t

get you a medal you do not get a price

for a good idea actually and this is

very straightforward and blunt a good

idea is worth nothing

you can ask legal it’s worth nothing but

what you do need is execution power you

want to make things happen so what I

want you to do is before you initiate

yourself in an innovation program before

you start off on these inspiring tracks

of building the new company is that you

think on execution you should rethink

what you’re capable of doing 350 ideas

impossible why don’t we make three and

deliver on three and really execute them

so when I normally introduce this I get

some questions from the audience and say

okay Philip we got a message we need to

think we need to be prepared and we need

to consider what we’re capable of doing

make sense but I have a problem and the

problem is that my organization is not

capable of working with these ideas and

getting them towards execution and this

is where I want to discuss my second tip

and this is what we’re doing actually at

our core we are institutionalizing

innovation so this brings me back to the

process and organizational side of

innovation if I would asked you who’s

got a full time job or who is about to

engage in a full time job normally all

of the hands go up and if I then ask for

who of you a full time job means working

more than 9:00 to 5:00 all of those

hands go up as well and this is where

I’m actually challenging that if you’re

working as a performance engine which is

everybody working in the company the

favoring on sales delivering on targets

and really executing your job function

and we add those 350 ideas when are you

going to deliver and this is really the

bottom line we realized from experience

that you cannot match short-term

performance a lot of you are customer

facing as well as short-term performance

to match that with long term innovation

it’s almost impossible not only from a

capacity level but also from mindset

consider this one innovation very vague

you know you think where you’re heading

but you’ll probably end up in that way

it’s about being comfortable with the

uncomfortable very different than being

efficient and highly performant at a

specific task at a specific task and

this is where we introduced something

new something new to help companies

build and gain execution power and this

is something you already know we call it

a year cycle and a few years a few weeks

from now you see these year cycles

popping up in companies and I’ll briefly

explain that within a few weeks probably

marketing will start doing their

research marketing will start doing

their research to build their marketing

plan 2017 and that’s from July and

August the sales teams will be start

working really hard on using these

marketing insights to build their sales

plan 2017 because by September and

October a lot of companies are building

their budgets so finance is setting

targets for the sales and the strategic

plans of 2017 so already in companies

there’s a certain rhythm to things

things that occur every year and get go

around and around what we see and that

we’re really doing at the moment with

companies a building an innovation

rhythm and that allows us to work with

companies and to deliver execution power

and we do this with three main angles

and it’s a bit more complex that what

I’m showing here but I just want to give

you a very tangible view of what we’re

doing the first layer is that we’re

thinking about continuous innovation

there is continuous change out there so

we implement continuous innovation

and in a way we’re helping a focused

dedicated innovation team and we come by

every week with innovation Fridays and

we coach people how to get along with

their ideas how to build execution

besides this continuity we focus on a

second layer and this is speed speed is

really really important if we would just

do the first one these innovation

engines they would take years and years

to deliver we build in hackathons we

build in work sessions we build in very

focused sessions where we get together

20 people to deliver within a week on a

new strategy and the third one is also

crucial to innovation innovation and

inspiration comes from the outside in it

comes from different markets and this is

where we get insights from outsides we

fuel this innovation engine and we get

this thing turn turning year after year

and we see companies that invest in this

way for two to three years that they

really get the execution power they need

I’ve been talking about what you should

do before you before you start an

innovation I’ve been talking about

institutionalizing innovation and the

last one is about how I look at

innovation today what I truly believe is

that the companies of the future that

will survive will be the companies that

will be the most responsive one thing I

know for sure is that it’s impossible to

predict the future two years ago

probably there was somebody here on

stage talking about Google glass one

year ago there was somebody who’s been

was talking about how Apple watch would

change the world and we all know that

Google glass and currently Apple watch

is not going in the direction where we

thought it would go meaning that it’s

impossible to predict the future nobody

of us can say what will happen in two to

three years but if I would be a CEO of a

company I would invest in making my

company ready and responsive and agile

for whatever that comes along and this

means that you need to invest in your

organization this means that you need to

look at your organization and

and just drill it down to different

pieces and a big part of that is people

it’s people that leave your company

people that manage your company and

people that work there if they’re not

they don’t have the capability to deal

with continuous change they will never

build that responsive company that you

need if the leadership of today cannot

let go of the normal behaviors of

controlling things and steps towards a

new way of leadership which is the art

of letting go and letting people thrive

within the environment then you will

face very difficult times and this is

where I end my presentation and I hope

that you have realized that the

complexity of innovation is big it’s

very layered and I hope also that you’ve

realized that innovation is about

continuous change

it’s about continuous innovation it’s

about an innovation engine and with this

topic I feel that innovation is truly an art of change thank you very much

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