If you’re not sweating, you’re not innovating! Most ideas die in analysis paralysis inside large, established businesses. A few weeks ago, I was talking to the President of a large utility company in Mexico. This company is a former client who I have consulted for in the past.
Tag Archives: Innovation
Injecting New Thinking into Your Business: Why It Matters and How to Do It
In today’s rapidly changing world, staying ahead means continuously adapting and innovating. It’s not enough to simply do what has always worked; businesses need fresh ideas, diverse perspectives, and innovative approaches to thrive.
Why You’re Losing Talent
Some industries have more turnover than others. Manufacturing is one of those high-turnover industries still stuck in the industrial era mindset of command and control, which poses a challenge to the younger generation of talented employees.
Love Problems
Problems in business are as common as the sun rising and setting every day. As an entrepreneur, how you view problems will determine how successful you are; you either want them to go away or you embrace them and see them as opportunities to improve.
The 20 Most Effective Ways To Search For Problems To Inspire Your Next Big Idea
Innovation is the result of solving problems in a new, surprising, and useful way. But before you solve a problem you have to find one worth solving. It’s why I say that problem-finding is more important than problem-solving.
Driving Innovation: 15 Ways Leaders Spark Change in Their Business
Most organizations stop innovation in its tracks before it even gets started. For example, a risk-averse culture will never innovate; that’s a fact. How do you drive innovation? You start by eliminating what impedes it and by nurturing the right behaviors. Innovation is as much about attitude and perspective as it is about process. It’s the opposite of business as usual: messy, non-linear, and challenging.
How Risk-Aversion Blocks Innovation
Whether it’s new technology or a new business model, the default state of every new idea is “No.” Most organizations, especially large and established ones, are risk-averse by nature. They prefer the safety of what has worked before over the uncertainty of something new. And that fear of the unknown often leads to rejection—even when innovation is crucial for long-term success.