in Innovation
I was recently invited to talk at INIDE University to a group of MBA students about how to manage for innovation. As I mentioned on my previous post, managing for innovation means optimizing the core while exploring the future; these students already hold management positions in their organizations so this topic is important; and new to them. …
Jorge Barba at INIDE University talking about Innovation Strategy and Management
Where fear runs rampant, innovation dies.
I was invited to speak to a few groups of undergraduates and MBA students at INIDE university, these are people who work at established and well known companies. They are also people who are moving up in the ranks, or gaining new skills to get that top spot.
So, I was excited to get the chance to share my experience with them about the new world of innovation……
As a leader, to enable innovation in your teams, you need to create the conditions necessary for innovation to happen. That means setting bold goals, providing support and getting out of the way; but it isn’t easy.
A common innovation challenge inside established organizations is getting out of people’s way to let them put their talent to use and develop ideas that could change the course of the company.
A common strategy that is executed to overcome this challenge is to create a dedicated innovation team, one that doesn’t work on core business challenges; rather it is given time to find the next revolution by letting them play with ideas. …
The importance of innovation is increasing each year. Some companies are establishing their internal and external innovation teams, focusing more on developing a culture of innovation. This is a change. It is not easy. Resistance can occur due to some practical and psychological reasons inside the organization.…
Call it brilliance, talent or anything you want, it exists and shouldn’t be taker for granted. If you don’t value brilliance, you don’t value innovation. I wrote that post a few weeks ago and it hit a nerve. It sounds harsh, but it’s true. How true?
Here’s an example……
in Innovation
How can you boost innovation in your business? Penalize inaction, and celebrate failure.
Successful creatives are not afraid of mistakes or failure: they know that good ideas often arise from tireless experimentation and a chain of failed attempts. People who avoid mistakes and failures suffocate all potential innovation. Unmindful of this, many companies punish their employees for making mistakes, and thus inadvertently create an environment where people just try to conform rather than experiment.…
