Pulse October 2016 | Page 56

ASK THE EXPERT STEPHEN SHAPIRO BY MAE MAÑACAP-JOHNSON With innovate the theme at the recently concluded 2016 ISPA Conference & Expo, Pulse continues the conversation about this highly talked-about topic with STEPHEN SHAPIRO, author of 24/7 Innovation, The Little Book of Big Innovation Ideas and Best Practices Are Stupid. The innovations expert and speaker defines innovation as “purposeful change.” “Innovation is not about new products, services, or even business models. It is about adaptability; an organization’s ability to change repeatedly and rapidly,” he says. In this Ask the Expert feature, Shapiro advises companies to “innovate where they differentiate” and cautions about falling into the trap of exclusively sticking to best practices. Find out why. Pulse: What are some of the most common misconceptions about innovation? Stephen Shapiro: Innovation and creativity are not the same thing. Creativity is about ideas and novelty. Innovation is an end-to-end process that starts with an issue, opportunity or need, and ends with the creation of value. I believe that creativity has killed innovation in many organizations. It has generated too much noise and wasted energy. P: One of the steps you proposed in order to get innovation right is to “innovate where you differentiate.” Can you elaborate on this concept? S: There is a belief among some that we should be working on every aspect of the business. But this dissipates energies and yields a low return. Instead, you want to invest in your differentiator. What sets you apart from the competition? What makes you special? What makes you unique? Why do customers do business with you? Innovation should be focused on these areas. You can’t be the best at everything, so don’t innovate on everything. Only innovate where you dif