Mark Turrell - CEO, Imaginatik plc

Imaginatik 2006 - 1 2007

About Mark Turrell & Imaginatik plc
• Doctoral Research in Information Management
– Diffusion of collaborative applications, focus on human nature & management practices

• Developed & continue to work on many Innovation and Idea Management methodologies in use today
– Short term events, reward & recognition, rapid reviewing, anonymity, open innovation, etc.

• Software & Process for Innovation Management & Collaborative Problem Solving • Aim for 10X ROI • Blue Chip Clients • Deep cross-industry experience • AIM Listing (imtl.L) & US OTC (IMGKF) imtl.L IMGKF
– World’s first publicly quoted innovation process company

Imaginatik 2006 - 2 2007

Imaginatik 2006 - 3 2007

Imaginatik 2006 - 4 2007

So, can you keep a secret?
Imaginatik 2006 - 5 2007

The Top 10 List – Text Version
1. Leadership: The CEO is the primary driver of innovation. 2. Innovation should be a habit: Encourage creativity and instill a creative, curious, open culture. 3. Rely on strategy not accidents: Companies need a set, effective strategy to foster innovation. 4. Swing for singles and home runs: Creating singles, or small ideas, incrementally adds up to better products and service. 5. Idea credit not money: Employees who are creatively engaged often feel more rewarded than if they are offered more money.
Imaginatik 2006 - 6 2007

The Top 10 List – Text Version
6. Online idea events and deadlines: Effective ideas solve a specific problem in a timely fashion. 7. Healthy competition: Reward point and rankings programs that track ideas submissions, comments and implementation. 8. Cost cutting is no substitute: Companies that skimp on innovation may gain on the bottom line for a few quarters, but there must be a solution to a longerterm problem. 9. Clear tangible targets: Innovation activities should yield tangible, verifiable results. 10. Build an innovation pipeline: Companies become great by innovating and that means building existing businesses and developing new ones.

Imaginatik 2006 - 7 2007

Leadership

Imaginatik 2006 - 8 2007

I’ve got the innovation & creativity habit

Imaginatik 2006 - 9 2007

Imaginatik 2006 - 10 2007

Rely on Strategy

Imaginatik 2006 - 11 2007

Singles & Home Runs

Singles
and Home Runs
Imaginatik 2006 - 12 2007

Credit Ideas & People

Imaginatik 2006 - 13 2007

Not Money

Focus & Deadlines

Imaginatik 2006 - 14 2007

Healthy Competition

Imaginatik 2006 - 15 2007

Balance productivity and innovation

Imaginatik 2006 - 16 2007

Imaginatik 2006 - 17 2007

Innovation Pipeline

Imaginatik 2006 - 18 2007

Imaginatik 2006 - 19 2007

It’s your choice to do better (or maybe not)

• Get Engaged – contact Imaginatik to use our new OpenWorld.Imaginatik.com environment • Selected Reading @ www.imaginatik.com
– – – – – – Innovation Pipeline Customer Case Studies Idea Management ROI Innovation Metrics Financial Impact of Innovation 8 Easy Steps to Measuring Innovation

• Contact Imaginatik
– – – – Mark Turrell, CEO mark_turrell@imaginatik.com Europe +44 207 917 2975 US +1 866 917 2975

Imaginatik 2006 - 20 2007

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