Area of Mastery – Innovation

Innovation: How the young professional can unleash its potential

Never has there been a better time to unleash innovation in your organisation. There is a perfect storm that offers: an unprecedented amount of talented and entrepreneurial young people; accessible technology- many of it for free; and a colliding of ground-breaking knowledge which gives us a clear route forward; and customers who are accessible, around the world, because they are only a few clicks away from ordering.

Six common barriers

There are six common barriers to innovation that need to be understood and surmounted.

There are two types of innovation

  1. Gemba Kaizen innovation (innovation at the workface is a daily activity) which focuses on improving internal processes as a daily activity.
  2. Blue ocean innovation where an organisation moves away from the cut throat, dog eat dog bloody red oceans of competition to the clear, calm and rewarding waters.

The innovation implementation guide

This implementation guide looks into the great work of Jeffery Liker, The Toyota Way, Masaaki Imai author of Kaizen and his follow-up book Gemba Kaizen, and show you how you can move towards Toyota’s amazing achievement of 10 innovations per employee per year worldwide. There are ten basic rules for practising Kaizen.  There are eight different types of waste that need minimising. There are four foundation stones for Kaizen implementation.

The guide covers the brilliant work of W. Chan Kim and Renee Mauborgne authors of Blue Ocean Strategy, and their follow-up book, Blue Ocean Shift.  Kim and Mauborgne’s five step Blue Ocean model is revisited and clarified.

The great paradigm shifters, Peter Drucker, Tom Peters, Jack Welch, Gary Hamel have also talked, for some time, about the significance of innovation and how to increase your odds of success. The key lessons are extracted and listed for easy absorption. Peter Drucker’s Advice on five areas of innovation are separately identified. As is his advice on abandonment being the source of innovation.

A major change of culture requires an understanding of the psychology of selling and leading change. John Kotter’s eight step “selling and leading change” process have been further enhanced with Zaffron and Logan’s Three Laws of Performance that offers a more in-depth look at the psychology of change.

Look inside this guide.

Buy this guide

The E-Templates included in the implementation guide

They include

  • Establishing a BOS Project Team Checklist
  • Establishing BOS Team Questionnaire
  • BOS Team 360-Degree Questionnaire
  • “Just Do It” Culture and Process Checklist
  • Job Description for the BOS Team Leader
  • Skills and experience
  • Workshop Preparation Checklist
  • Guidelines to Running Workshops

Some of the Published Articles & Chapter Extracts

Why annual planning is broken







Why rolling planning instead of annual planning









1.Takes too long, costs too much. 2. Is out of date as soon as the ink has dried. 3. Leads to dysfunctional behaviour. 4….

Time to get rolling (planning)

Annual budgeting have been flawed since Luca
Pacioli invented double entry bookkeeping.

AB UK Sept 2014

The 8 myths around annual budgeting

Myth 1: There is a need to set annual targets. Myth 2: We could set meaningful monthly targets from the annual plan

Getting ready for rolling planning

Abandon the following: 1. forecasting at
account code level. 2. forecasting in a
spreadsheet. 3. …

AB Oct 2014

Roll model

1. It is vital to generate realistic forecasts rather than what the board wants to hear. 2.A quarterly process. 3….

AB Dec2014

Short Interview With David Parmenter