Tag Archives: Innovation

Innovation needs outsiders. Here’s how to source them

imagine

The most interesting ideas, the ones that span boundaries, are found and at the intersection of domains. This isn’t a new insight, but it is one that is rarely taken into account inside most businesses.

True to form, established businesses suffer from the Curse of Knowledge: I already know what I need to know. The expertise on which they built their business blinds organizations from creating the future, it’s the reason many businesses that were thriving at the beginning of this century are no longer with us.

How do you break free from the Curse of Knowledge?

By shifting perspective…

Are you a Chief Idea Killer?

Much of what we think stands in the way of innovation is in our control: our attitude.

In most cases being a good boss means hiring talented people and then getting out of their way; that’s an attitude most traditional organizations don’t have. I’ve made reference to this fact quite a bit in the past, and is a common topic of discussion among innovation wonks. One way to know if you are standing in your own way is to look at your organization from the perspective of “what are we doing to block innovation?”.

For example, do you have an organizational chart that looks like this?

management is the enemy of innovation

Probably. This is how an organization where management is the enemy of innovation looks like, it’s also why most organizations can empathize with the following sketches:

Can you see how your organization is deliberately killing innovation?

Bottom line: The default state of all new ideas is “NO”. New ideas have to be protected, they need to be given room to breathe. As a business leader, your jobs is to jumpstart progress by enabling innovation. They way to do that is to provide purpose, challenge and support; then get out of the way. That’s how you give ideas oxygen.

H/T: Vala Afshar.

For our youth to thrive, it matters how we teach them to view failure

During our discussion about The Future for Youth, one of the main points we touched on was “risk aversion”. And though we see a trend towards more entrepreneurs, the truth is many of them are not entrepreneurs.

Why?

Because most entrepreneurs fail and leave it at that. But real entrepreneurs view failure as a prerequisite for learning; that’s the difference.

Any business that has not yet been totally disrupted by the existence of the internet will be

The internet, arguably the greatest invention of all time, is just starting to shape our world. New ventures are dreamed up every day to take advantage of it’s power, and legacy businesses are being disrupted because of it; the business world has been reshaped and redrawn since the inception of the internet.

What does this disruption look like? Here are a couple of clues…

What To Look For In An Innovation Partner

finding the right innovation partnerIf you’re a successful company, you’re probably not used to innovation. You’re used to being good at what you do, and that’s the opposite of innovation. Smart innovation that evolves a new and marketable product often requires an innovation partner.

There are a lot of reasons for that. But they boil down to a deceptively simple concept:

Two heads think better than one.

Disruptive innovation theory in 15 tweets

What is disruption? Many believe that disruption is innovation. Truth is, what many believe to be disruptive really isn’t. First of all, nobody deliberately sets out to be disruptive; it happens after the fact.

To bring some clarity to the subject, Marc Andreessen wrote up a tweetstorm where he explains Clayton Christensen’s disruptive innovation theory in 15 tweets: