About the Book
Innovation Lab Excellence dives past the slick surface of espresso machines, youthful techies and creatively designed co-working spaces to examine, in detail, the conditions and practices necessary for a lab and innovation to initiate and thrive.
This book goes behind the scenes of working innovation labs to distill a rigorous set of best practices. Apply these to unleash the innovation that will give your enterprise a digital competitive advantage.
Written by an award-winning expert in financial technology and global manager of multiple labs.
This guide pulls no punches. It offers expert analysis of the most typical problems—and their solutions—so that your innovation can transcend the hype and achieve tangible results.
This book reveals:
- How innovation labs went from exotic add-ons to must-haves, and the unique challenges they face;
- How a detailed array of best practices will help your lab excel and be better focused to serve your business interests;
- How a human-centric focus is the key to adopting new technology, and to gaining acceptance of both innovators and innovation;
- Where you need to rethink what you know about adopting new technology.
Innovation Lab Excellence is a must read if you manage an innovation lab, work in one, or are a business manager engaged with one.
Who should buy this book?
"If anyone’s got a credible view of the matter, it’s Rich"
"His new, comprehensive book is a must-read for all corporations"
"A must read for anyone serious about successful innovation!"
The lab manager and employees are first on the list. They understand their lab’s challenges better than anyone else but need a guide that can act as an independent point of reference. Something that they can point to, or reference a chapter from, that will help them explain that they are not alone when they voice a concern or tackle a problem.
This book is also of great benefit to senior executives overseeing the lab. This might include the CEO who funds it, the Chief Innovation Officer (CINO) who oversees it, or the CIO that fumes about the lab wrecking his systems. All need to understand the practical realities of the innovation business, as it is most likely a new experience. Simply put, managing an innovation team is different.
Finally, and with probably the greatest amount of empathy, this book was written for the business unit leaders who may never have heard of an innovation lab before and are now being asked to work with one. They are the ones being asked to make the biggest cultural leap. They have to take products or services that they have invested a lifetime in perfecting and use technology to disrupt them.
What they are saying about the book
"Get help to transform your Digital Strategy with this fantastic guidebook on Innovation Labs. Learn from best practices and failures to ensure your business will survive the digital disruption. A must read for anyone serious about successful innovation!"
"Richard has done a fantastic job chronicling the challenges, traps and opportunities in innovation labs. With his personal experiences in the crushing competitiveness of the Chinese market, along with plenty of experience in the west, he brings a nuanced, global view to what it takes to drive innovation. But perhaps the biggest challenge is how to take innovations out of the lab and into the real world. Read his book and learn what it takes"
Dive deep into Richard’s narrative, and resurface better aware of your optimal approach to innovation lab excellence. He looks beyond the hype for a practical approach to the design of innovation programs that prioritize human factors above and beyond technological wizardry.”
I’ve never known Rich to pull any punches, and the whole innovation scene needs a bloody nose to make it honest. Rich delivers a thorough going-over here that may be the reset your lab needs. If you’re in the innovation business this book will help you keep it real and do it better.”
Too many organizations seem to believe that if they launch an innovation lab and make some splashy announcements, meaningful progress will somehow magically occur. Turrin knows better than that. His new, comprehensive book is a must-read for all corporations that are taking their labs and innovation seriously.
I used to look at insurance company innovation labs from afar and shake my head. My view then was that innovation is not something that can be bottled, bolted on, bought in, or poured over like a fancy sauce on a day-old meal. That was until I met Rich Turrin. Few have observed this scene more closely than Rich, who’s been in the transformation business for most of his career. He’s nurtured it, advised it and has now written the authoritive book on the subject. If anyone’s got a credible view of the matter, it’s Rich. “
About the Author
Richard Turrin is an award-winning executive with more than 20 years of experience in fintech innovation. He is an independent fintech and AI consultant, helping clients navigate the uncharted waters associated with the latest cognitive technologies. He previously headed fintech for IBM Cognitive Studios Singapore (IBM’s Innovation Lab) and worked for IBM China where he led his team to win the prestigious “Risk Technology Product of the Year” award for his unique hybrid-cloud solution to risk analytics.
Rich is available…
…to deliver keynote speeches and presentation on Innovation lab development, AI, blockchain, analytics, and other trends.
Contact Details
Rich Turrin
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