Category Archives: Innovation

All Innovators Work From Failure

without experimentation there is no innovation

The work of innovation – whether you’re doing R&D, creating a breakthrough, pursuing a disruptive strategy or sustaining your core – is not business as usual. It doesn’t work in a straight line, and the more radical the project the more uncertainty there is. This is more evident in domains where lives are at stake; such as medicine.

When A Focus On Short-term Results Kills Innovation

 short-termism is the enemy of innovation

Why do established businesses fail? Because they miss the future. And what contributes to them missing the future? Many things, among them is a focus on maintaining the status-quo while avoiding uncertainty.

Here’s a short story of how innovation dies inside established organizations that have a short-term results focus…