4 Mistakes To Avoid When Hiring Innovators

4 Mistakes To Avoid When Hiring Innovators

I’ve talked at length about how companies aiming to attract innovators to their organization shoot themselves in the foot, because the culture they have doesn’t embrace innovation. Still, let’s ask: How do you hire innovators?

To help answer that question from the perspective of an innovator, the University of Texas conducted a study last year and they asked me to take part. They’ve yet to share the results with me, but I’m jumping the gun and sharing my thoughts with you.

How Do You Overcome The Early Adopter Challenge?

There are three forces needed for innovation to happen: ability, infrastructure and market. When all three exist you have an industry. Creating a new industry is a long-term challenge, which many people and organizations will not take on. When starting out, every startup is in a race to create find product-market fit. It’s not about being first to market, it’s about getting the business model right.

The Early Adopter Challenge: Everyone is Afraid of Being First

The Next Economy will be driven by 10 key emerging technologies. All of these technologies are in the news 24/7. Yet, most organizations and governments are behind the technology curve. They’re either slow adopters or stagnant. There’s a difference between being a slow adopter and being stagnant; the latter means you’re not even aware of what’s going to change your business in the short and long-term.

Ignore Culture At Your Own Peril

When I was 3 – 4 years old my love for Disney started. I had seen the movies but everything changed the moment I set foot in Disneyland. I still get excited even though I’ve been to Disneyland a bunch of times. That excitement made me very curious about how they execute at such a huge scale.

Video Games Should Be Used at Schools and Universities To Enhance Learning

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There is debate about what the future of education looks like and how we’ll get there. What isn’t debatable is the number of challenges we face in the Next Economy; primarily reskilling. This means people will have to develop new skills, specifically ones that computing can’t take over, to thrive.