The pandemic has changed many of the ways we’re used to doing things. It’s created loss for many, anxiety for others, and frustration for most everyone. Personally, I see people on Facebook, Twitter and Instagram expressing their frustrations about the state of the world and how they can’t wait for things to go back to normal.
The quest for innovation, transforming your business, overwhelms most organizations. Most organizations just don’t know where to start, or worse they believe they’re doing it right. While there’s no 3 step recipe that anyone can follow to innovate, there are principles that make it more certain that an organization is on the right path to innovation.
Innovation has many enemies, chief among them is fear of failure. Many organizations fail because they miss the future, unable to adapt to changing conditions. They didn’t try. And when they did it was too late. All because of fear of failure, fear of being first, fear of taking risks, fear of taking a chance.
I remember back in 2010 I started telling friends and people with businesses they should start adopting digital technologies, how things would change and they had to or risk being left behind. Fast forward to 2016, I gave speeches at universities and organizations talking about the Next Economy and how 10 key technologies would drive and change everything.
Last week there was a change in the Presidency of the United States of America. Trump is out, Biden is in. There are many challenges President Biden is up against, the most pressing one is taming the current pandemic which has taken over 400,000 american lives.
An organization’s culture is the driving force behind innovation. You can have the best minds on your team, but nothing will happen if the environment doesn’t let them bring out their full potential. It’s an environment that values and encourages creativity, risk taking, experimentation, learning. Innovation doesn’t happen without experimentation, which means making mistakes.