What’s the most powerful technique available to innovators? Observation. Tony Fadell, the creator of the iPod and Nest thermostat, shared his mantra for innovation at a recent TED conference: “It’s seeing the invisible problem, not just the obvious problem, that’s important,” Fadell said onstage. “There are invisible problems all around us. First we need to […]
Which rules should we break, but won’t bring our business down if we do? This is a question that not too many businesses ask themselves but should. The simplest answer is to kill some stupid rules, the ones that no one has questioned because “that’s just the way we do things here”; break those and […]
What’s the boldest thing you’ve done in the last month? How about last week? I’m assuming your answer is “I don’t know what you mean by bold”. You are not alone. We live in a world where it’s easy to sit on the sidelines and criticize others for trying brave and untried that probably won’t […]
Conventional leadership won’t get you innovation. How so? A myth that is commonly associated with innovators like Steve Jobs is that their respective companies achieved extraordinary success because of them. Wrong. Steve Jobs didn’t do everything himself, he’s even said so publicly that “ideas trump hierarchy” at Apple.
Our businesses are the products of the choices we make every day. Whether we choose to spend an hour with a client, an hour on paperwork or an hour cleaning up the office, each option has an impact.
Though most everyone agrees on what the basic components of an entrepreneurial ecosystem are, it is a myth that simply having those components will result in game-changing innovation. For example, think about Silicon Valley, the use case for all innovation ecosystems; why and how does it sustain innovation? Sure, culture is one component. But, what […]
Why do startups like AirBnB, Uber, Space X succeed while other fail? Is it the team? Funding? Timing? Idea? Business model? You, and most people, will think it’s all about the idea, the team and execution. It’s neither. According to serial entrepreneur Bill Gross, it’s all about timing.