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The Innovation Formula : The 14 Science-Based Keys for Creating a Culture Where Innovation Thrives - Dr. Amantha Imber

The Innovation Formula

The 14 Science-Based Keys for Creating a Culture Where Innovation Thrives

Paperback Published: 1st March 2016
ISBN: 9780730326663
Number Of Pages: 240

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A practical guide to innovation strategies based on fact, not feeling

The Innovation Formula delivers strategies for building a culture where innovation can thrive, based on actual scientific research. Author Amantha Imber holds a PhD in organisational psychology, and has been called upon by a multinational roster of forward-thinking companies—such as Google, Disney, LEGO and Virgin—to improve innovation at all levels. In this book, she shares her strategies and helps you tap into a substantial body of scientific research to help further innovative practice within your own company. For example, rewarding failed innovations can actually be a critical aspect of building an innovation culture. It's rarely done, but it fosters creative thought by signaling to people that failure is tolerated and is a necessary ingredient in the pursuit of innovation. This kind of practical, easily implemented strategy is the lynchpin of cultural change. This guide shares fourteen separate, yet interconnected strategies for improving your company's innovation culture, and provides illustrative examples of real-world companies who are putting these plans into action.

Business innovation guides tend to focus on how one company does it. But it's not your company, and just because it worked for Google or Apple doesn't mean that it's right for you. This book is different; these techniques are based on science, not gut feeling, and can apply to any organisation, at any level.

  • Delve into the science behind successful culture shift
  • For best results, reward innovation, whether or not it succeeds
  • Learn the critical elements that foster organisation-wide creativity
  • Implement practical strategies based on evidence, not anecdotes

Fostering a culture of innovation means making your company a safe space for new ideas. Over 95% of business leaders surveyed get it wrong, because intuition cannot compete with data. The Innovation Formula gives you a science-based framework for turning your organisation into one where innovation survives and thrives.

About the Author

Dr Amantha Imber is an innovation psychologist, best-selling author, and founder of Australia's leading innovation consultancy Inventium. Amantha is the co-creator of the BRW Most Innovative Companies list, a list that Inventium compiles annually ranking Australia's top innovators. She has worked with forward-thinking companies such as Google, Disney, LEGO and Virgin.

The science of innovation


Amantha's book shows the evidence behind strategies to promote an innovation culture. Using examples that have worked in practice, she outlines strategies that will provide the framework to maximize the strategic potential of all who work within an organization. She is a good story teller and if you like reading stories that illustrate the facts this book will be a pleasure to read. By dividing up the topics around innovation into those that apply to individuals, teams, leaders and organizational structures, the book is relevant to all employees of an organization. I think this is a valuable addition to books on innovation, and captures many of the messages from Inventium's programs, conveniently making them accessible in the one place. This book is all the more attractive because Amantha has practiced what she preaches and runs a very successful business.



An excellent practical guide to innovation


The Innovation Formula is full of practical advice that is grounded in evidence. It's a breath of fresh air in the innovation field, which is typically filled with people's points of view, but no actual evidence that these points of view will actually work. I was able to walk away with a significant amount of tips and techniques that I can implement immediately within my organisation that will help us on our innovation journey.

Melbourne, AU


The Innovation Formula

5.0 2


About the author ix Acknowledgements xi Introduction xv Innovation Culture Audit xxiii Part I: Individual-level factors 1 1 Challenge 3 2 Autonomy 13 3 Recognition 27 Part II: Team-level factors 41 4 Debate 43 5 Team supportiveness 53 6 Collaboration 61 Part III: Leader-level factors 73 7 Supervisor support 77 8 Senior leader support 85 9 Resourcing 99 10 Goal clarity 111 Part IV: Organisation-level factors 119 11 Risk-taking 121 12 Cohesion 139 13 Participation 149 14 Physical environment 163 What now? 175 References 177 Index 197

ISBN: 9780730326663
ISBN-10: 0730326667
Audience: General
Format: Paperback
Language: English
Number Of Pages: 240
Published: 1st March 2016
Country of Publication: AU
Dimensions (cm): 23.0 x 15.0  x 2.0
Weight (kg): 0.32
Edition Number: 1