EnergizeGrowth

The Innovation Issue

IN THIS ISSUE:


“The Art of The Start” NOW AVAILABLE
Order your copy today using this link.

As you know, I am a voracious reader. I seldom finish reading a business book cover to cover because so many of today’s books are filled with academic “fluff.” (My apologies in advance to my former professors or business practitioners who teach our future leaders…)

Guy Kawasaki’s book is different.

“The Art of the Start” was designed and invented to offer simple, practical execution advice for anyone starting anything. If you’re tired of using traditional “by the book” methods to launch a product or service, and want some street smart advise from Guy, this book is for you.

I had the honor of helping Guy review and edit the book—and craft the chapter on “The Art of Rainmaking!”

At Apple Computer, Kawasaki helped turn ordinary customers into fanatics. As founder and CEO of Garage Technology Ventures, he has tested his creative, out-of-the-box ideas on real start- ups. Today, Guy publishes for Forbes and speaks to thousands of entrepreneurs each year.

One reviewer, Pete Smyth, describes “The Art of the Start” perfectly: “I've recommended this book to all my friends and business associates to help them take action. After all, plenty of folks have a solid academic foundation and understand the intricacies of business, but need help executing.”

Order your copy today using this link.

(we donate a percentage of profits to our community charities)

Tired of reading books?

Well, here is another option…

If you want to get straight to the source of innovation, you can meet Guy Kawasaki LIVE -- November 16!

Join us on Tuesday, November 16 from 2-3 pm PT/5-6 pm ET on our Top Performer Audio Conference to speak directly with Guy...

And you will probably spend less than a week’s worth of double lattes.


“Set Your Entrepreneurial Spirit Free”

Live Audio Conference with Guy Kawasaki **(Sorry conference date has passed)**

Do you ever feel like you've lost sight of your company's vision because you're “deep in the weeds” with too many meetings and red tape?

Without innovative and creative ideas, your competition could leave you in the dust.


Guy Kawasaki will tell you benefits of treating every company, whether it's 10 people or 10,000, as a startup. In this audio conference, Guy draws parallels between entrepreneurs starting new companies and employees in established companies who are trying to create a new product or service.


No matter which best describes you, I personally promise you’ll learn the field-tested, battle-hardened lessons of The Art of the Start.

Guy will give you proven guidance on how to:

  • Position
  • Pitch
  • Brand
  • Make it rain
  • Evangelize
  • Build a team
  • Raise internal or external capital

Guy Kawasaki motivates you to move from ideas to action. He shows you how to think, act, and implement like revolutionaries of innovation. He inspires you to unleash entrepreneurial thinking within your organization and helps you foster the creativity needed to become an industry leader and stay there.

If you even remotely work near someone who owns a computer, then you have heard of Guy.

He has written eight books including Rules for Revolutionaries, How to Drive Your Competition Crazy, and The Macintosh Way. When he’s not speaking around the globe, he’s the Managing Director of Garage Technology Ventures and a Forbes columnist. He is very well known as one of the original Apple Macintosh evangelists. Guy earned his B.A. from Stanford and an MBA from UCLA.

Don’t hate yourself for missing this audio conference.

**(Sorry conference date has passed)**

October Featured Column:

Goodbye Suggestion Box, Hello Profits
(A primer on how to set your creativity and innovation free)

Did you know that one of the least expensive sources of untapped profits happens when you generate workers’ ideas? What would your company look like today if more than two ideas per person per week flew into your “inbox?”

Over the last century, scores of managers have attempted to tap the tremendous potential of workers’ ideas. I recently interviewed Dr. Dean Schroeder, co-author of Ideas Are Free: How the Idea Revolution Is Liberating People and Transforming Organizations.

Dean and his co-author, Alan Robinson, traveled to more than 150 organizations in 17 countries, interviewing 1,000 managers and workers. They wanted to know what idea systems led to unusually high levels of performance and a strong, healthy work environment.

Many of Schroeder’s and Robinson’s findings were surprisingly counterintuitive, starting with three essential secrets to success:

Think small.

Big, dramatic ideas are like St. Bernards. Everyone loves them, but nobody likes to clean up after them.

I met an idea “dog” in 1999. I was advising one of the top 5 ERP software company teams at their quarterly Directors meeting. The CEO, a former McKinsey consultant, announced 39 new “turnaround initiatives” in front of a crowd of tired, burnt out directors. That’s right, 39. He was in love with his own grandiose ideas and lost the audience in the process. What was he thinking?

The super-sized breakthroughs that promise fame and fortune seldom deliver. The authors learned it’s actually smarter to go after small ideas… Here’s why:

They build competitive advantage. They don’t migrate to competitors-and even if they do, they’re often too specific to be useful.

They point to deeper issues. They often appear in patterns and in turn can pinpoint weightier problems and opportunities.

Small ideas can be managed and measured. They come up on a regular basis-unlike big ideas, which come along rarely and unpredictably-giving managers plenty of experience in managing and measuring them.

Small ideas have a big, cumulative impact. Collectively, small ideas amass into a big, competitive advantage. Look no further than a recent quote from 3M Post-It Note inventor Art Fry: “The reason 3M has been able to maintain their market position is that nobody has been able to assemble all the little ideas to replicate our product design and combine it with the quality we offer.”

Avoid the pitfalls of rewards.

Rewards are unnecessary. Workers will offer plenty of ideas without them. For them, the most powerful incentive is the knowledge that their ideas will get a fair hearing and, if they’re worthwhile, that they’ll be used and recognized. Says Schroeder, “An employee in a can company in Southern Sweden earned $50,000 for his first idea. He stopped giving ideas because he thought his ideas were worth much more than $50,000.”

Historically, the instinct of most managers is to offer monetary rewards for ideas. The most common scheme--offering a percentage of the value of an idea-usually backfires.

First, Rewards are inherently unfair. Because it’s the easiest thing to do, most rewards are given to the originator of an idea. But what about everyone else involved in evaluating and implementing the idea? Is it any surprise that people hold back their ideas in team-based projects, knowing they can be rewarded later individually through the idea system?

Furthermore, rewards create more overhead and fewer ideas. If a sizable reward for an idea is at stake, the idea’s value must be calculated as precisely as possible. Evaluating the benefits of an idea takes countless hours of staff time and energy. Who will you trust to perfect the calculation algorithm?

Finally, rewards encourage people to “game” the system. As the saying goes, “If money can be made by doing something wrong, someone will.”

Make ideas part of everyone’s job.

Top “idea companies” make ideas part of every employee’s job and getting ideas part of every manager’s job. Additionally, many of them track and assess results in individual performance evaluations.

Here’s an example of a simple, efficient idea system in use today. At one company Schroeder visited, managers and employees are expected to bring two ideas-however small-to their weekly department meetings.

Here is how you can organize the meeting:

Each person presents his ideas, which the group then discusses and refines. If the group agrees that an idea should be implemented, or that it requires further consideration, they determine who’s accountable to make it happen. Most meetings involve 8 to 10 people and last about 45 minutes.

As you launch or refine your idea system, be sure it has all the attributes of an effective system. Here’s how:

1. Make ideas part of everyone’s job.

2. Create a simple method for people to submit ideas.

3. Allow ideas to be discussed and evaluated by people who have direct knowledge.

4. Provide immediate feedback. Throw out the suggestion box that encourages random, anonymous ideas.

5. Set up a system to make decisions quickly and implement them at the lowest possible level.

Thanks to Schroeder, we can say goodbye to the suggestion box, and hello to profits.

--Lisa Nirell
http://www.energizegrowth.com/