7 Laws of Innovation Poster - Gears
Background on 7 Laws of Innovation
Over the years of being in the innovation space, I've discovered a set of laws by trial and error. Needless to say, I have the scars from the school of hard knocks to validate that these are the set of laws that are critical for innovation success. If you violate any one of them, the consequences can be disastrous. These laws apply to all sizes of organizations ranging from well-established multinationals to early-stage start-ups to governments.
What Are The 7 Laws of Innovation?
1) The Law of Leadership: Executive level support (Board, CEO, and his/her direct reports) is critical for an organization that wants to have innovation at its core. Leadership means talking the talk AND walking the walk.
2) The Law of Culture: Establishing and nurturing an innovation culture sets the foundation for the organization.
3) The Law of Resources: Innovation requires a committed level of resources (people, money, time, equipment) over an extended period of time.
4) The Law of Patience: Innovation takes time. More time than is expected. The organization must take the long view on innovation and avoid the temptation and resist the pressure for short-term adjustments.
5) The Law of Process: To succeed at innovation, organizations need an innovation process that fits and works within their organization and culture.
6) The Law Of BHAG: What is a BHAG? A BHAG is “Big Hairy Audacious Goal”. It’s what leadership lays out as the innovation agenda. The BHAG sets a clear and compelling target, serves as a unifying focal point of effort, and acts as a clear catalyst for team spirit.
7) The Law Of Execution: The ability to execute on both the innovation agenda and the quarterly objectives of the operating business is a key skill that the organization needs to have.
This poster can become an innovation tool to help your team understand and grasp what it really takes to embrace a culture of innovation and transform the organization.
FastCompany, BusinessWeek, and other leading publications picked up the original blog post. The result was the translation of the original manifesto into the poster.
Poster Size: 18" by 24"
Shipped in a tube and ready for framing.
Note: All profits for this product are donated to Hacking Autism (HackingAutism.org).