Innovation Insights

1. 95% of all the innovations in products and services in the last 100 years have come from entrepreneurial firms employing less than 20 people.

Lesson: if you need to innovate employ or act like an entrepreneur!

2. When you put entrepreneurs together in a team and ask them to innovate the results on average are 6 times expectations.

3. Entrepreneurial Innovative Behaviours:

- Break rules
- Trial and error
- "Seek forgiveness not permission"
- JFDI!
- Seek inspiration from outside your industry
- Use customer problems to drive innovation

Innovation - Done!