TheTrinityofInvention

PaulRDaniel@validationcorp

ProgramOutline

• InventionvInnovation• ThebuildingblocksofInvention• Howdoweinvent?

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Thereisasubtledifferencebetweenthesetwowords,

• Inventionistheformulationofnewideasforproductsorprocesses

• Innovationisallaboutthepracticalapplicationofnewinventionsintomarketableproductsorservices

InventionvInnovation

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Big“i”orlittle“i”

• big“i”ordisruptiveinnovationsthattotallychangethelandscapeofabusiness,itsproductsorthedynamicsofthemarket

ClaytonChristianson–TheInnovatorsDilemma

• little“i”refersmoretoincrementalchangesorimprovementstobusinessesandproducts."CreatingWealth"byLesterThurowRodgerLaSallewww.matrixthinking.com.

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• Inventionisthe"creationofaproductorintroductionofaprocessforthefirsttime."ThomasEdisonwasaninventor.

“new,novelandwithoutprecedent”• Innovationhappenswhensomeone"improvesonormakesasignificantcontribution"tosomethingthathasalreadybeeninvented.SteveJobswasaninnovator.

“changethataddsvalue”

Readmore:http://www.businessinsider.com/this-is-the-difference-between-invention-and-innovation-2012-4#ixzz2lpSAJ0OG

InventionvInnovation

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WhereIdeasComeFrom?

“All men dream: but not equally. Those who dream by night in the dusty recesses of their minds wake up in the day to find it was vanity, but the dreamers of the day are dangerous men, for they may act their dreams with open eyes, to make it possible.” ― T.E. Lawrence, Seven Pillars of Wisdom: A Triumph

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Resources

UnderstandingMotivation

FundamentalsofInvention

LEADERSHIP

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FundamentalsofInvention

1. NeedtobeMotivated/Needtosolveaproblem

2. UnderstandtheProblem

3. Resources

4. Leadershiptofueltheprocess

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Motivation Understanding

Leadership

Resources

Motivation1. Location2. Lazy3. Lust4. Life

Understanding1. Elements2. Education3. Environment4. Evolution/Experiment

Resources1. Men2. Materials3. Money4. Mules

ByPaulRDaniel

FLUXCAPACITOROFDISCOVERY

Leadership1. Experience2. Personality3. Team

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Motivation

Motivation

1. LocationGeography-livenearwater,jungle,spaceYourneighbours-protectyourStuffClimate

2. LazyHowdoImakemylifeeasier?

4. LifeIwanttostayalive-Medicine

3.LustEmotions-Ego,power,loveetc.Beliefs-Religion

ByPaulRDaniel@validationcorp

UNDERSTANDING1. ElementsThelawsofScience-gravity

2. EducationWhatiscurrentlyknown/discoveredKnowledgeisrecorded&shared

4. EvolutionChange,Experimentation,lessonslearned

3. EnvironmentHowknowledgeisshared/recordedSocial,Cultural-macro&micro

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Understanding

RESOURCES1.MenHowmany,quality,skills,motivation 2. Materials

Whatisavailable?raw&processed

4. MulesTechnology,machines,tools 3. Money

Capital,Intent,trade,economy

ByPaulRDaniel

Resources

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Leadership

ByPaulRDaniel

LEADERSHIP

2.ExperienceTrackrecord,Seethebiggerpicture

1.StatusPower,respect,credibility

3.PersonalityMotivation,attitude,confidence,delicate,inspirational

4.TeamCommunication,structure,innovation

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Motivation Understanding

Leadership

Resources

Why? What?

How?

Motivation1. Whydoestheproblemexist?2. Whyarepeopleacceptingthisproblem?3. WhydoIneedtosolvethisproblem?4. Emotionstowardstheproblem5. Whycan’tIsolvethisproblem?

Understanding1. DoIunderstandtheproblem?2. Culture&Environment.3. Measurementmethod.4. Whohasthisproblem?5. Whatismyassumptionsinsolving

theproblem?6. WhatdoIhavetodototestmy

solution?

Resources1. TheperfectteamIneedis:2. TheResourcesIneedare:3. Othertechnologies,partnersI

needtosucceed.

ByPaulRDaniel

Thequestionstoask

Leadership1. Whatisthevision?2. DoIknowwhatskillsareneeded?3. DoIhavethem?4. WhatskillsdoIneed?5. HowdoIcommunicate?

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