You can tell whether a business has innovation potential by the way it leads and its priorities; both are critical measures of innovation. The first one, leadership, I’ll focus on here.
I love LEGO and supercars! From the department of “WOW” here’s something that will blow your mind. LEGO is well-known for building life-size objects of anything they can imagine. But I think they’ve topped themselves with a life-size driveable version of the Bugatti Chiron!
In the innovation space, too much focus is placed on methods, not enough on mindset. Tools are the methodologies, mindset is the habits. One of my colleagues recently told me he’s learned about mentality, not processes, in the time he’s spent working with me. He’s right! I can give you the methods, but they don’t matter if you don’t have the habits.
The Next Economy will be driven by 10 key technologies. Underpinning all of them is artificial intelligence. Though people believe that truly intelligent computing already exists, it’s not true. Rather, current techniques such as machine and deep learning give us automation; not intelligence.