Lean Innovation: Idea Formulation and Testing in 1 Hour
This presentation is based working with senior leaders from around the world, and in one hour having them formulate, tes," and validate new product and service ideas. It is like brainstorming on steroids! Attendees have achieved surprising success using this approach, called Lean Innovation. It is not about throwing more resources at innovation. In one course co-directed by Dr. Lynn at Stevens Institute, teams formulated a new idea for a product or service and in only six weeks, 31 student teams had their ideas accepted on Kickstarter (the largest crowd-funding site)—investing $0 in resources. 1-Hour Innovation is based on the Probe-and-Learn theory that Dr. Lynn developed and represents a new paradigm to slash new product, service and process development time and cost by 100x while improving the overall success rate. The fundamental principle behind 1-Hour Innovation is creating a “Protocept” (i.e., a “Minimum Viable Concept”) and showing these to the “Ideal Customer.” The Minimum Viable Concept differs from what others call a minimum viable product. This keynote explains 1-Hour Innovation and how do to it.
They learn how to formulate a viable new product, service or process for your company, build a low-fidelity protocept and test it ... in one hour.
Developing an Innovation Attitude
In this speech, Dr. Lynn shows how companies can create an attitude and mindset for creating new products, processes and services quickly and easily. Today, companies are either fast or dead (or dying). During this talk, he will discuss a new approach to innovation and will share two very specific tools that attendees can implement immediately in their companies at little to no investment that enables employees to innovate at a lower cost, effort and risk. Organizations have achieved phenomenal results using this approach and last year, the King of Malaysia asked Dr. Lynn to give a keynote on this topic to their senior leaders.
Partnering for Success
Partnering for Success discusses how clients can partner with the sponsoring company to enable both to grow and prosper together. During the keynote, Dr. Lynn discusses how the sponsoring firm can partner with audience attendees to formulate new products and services. Partnering for Success can help sponsoring firms not only to keep their current customer but also strengthen their reputation as an innovator in their industry.
Innovation and Entrepreneurship in Education
This speech creates a new way for universities and students to view their educationm demonstrating several key ingredients to being a successful innovator/entrepreneur:
Creating an Entrepreneurial Mindset
While not all students want to be an entrepreneur, having an entrepreneurial mindset can set them apart from others. This talk discusses this new movement and summarizes entrepreneurial thinking:
Dr. Gary Lynn is a multiple award-winning, tenured professor at the Stevens Institute and Chairman of Lynnovate.com, an international consulting company. Dr. Lynn started, built and sold three companies and was formerly Chief Innovation Officer and Senior Managing Director of Spencer Trask, a New York based venture capital company that placed $1.2 billion in over 100 technology businesses during the past decade.
He was selected by Business 2.0 magazine as one of the nine leading management gurus in the country; prior guru selections include Peter Drucker and W. E. Deming. He was also named twice (2003 and 2008), as one of the seven most prolific thought leaders in the field of Technology-Innovation Management by the International Association for the Management of Technology (IAMOT).
Dr. Lynn has written four books on innovation and earned a Bachelor of Mechanical engineering degree from Vanderbilt University, a Master of Management from the Kellogg School at Northwestern, and a Ph. D. in marketing and new product development from Rensselaer Polytechnic Institute. Dr. Lynn was invited by the King of Malaysia to give a keynote on the innovation process that he created to help Malaysians improve their ability to innovate.