Archive for: August, 2018

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…

How Do You Ensure Your Culture Keeps Driving Innovation?

Innovation is addition by subtraction

Organizations don’t resemble their early years as they become successful and establish themselves. They shift from playing to win to a playing not to lose mindset. The organization matures and puts more effort into short-term thinking and maintaining the status-quo; they put more focus on protecting and maintaining what they have.

Next Economy Leadership Code: 6 Timeless Leadership Principles

The leadership code

The Next Economy will be driven by 10 key emerging technologies, which are being deployed at scale by GAFA (Google, Apple, Facebook, Amazon) and Microsoft; among others.

This is a new world, where you’re either a digital business or a dead business; and requires a different type of leadership.

Status Quo Culture Versus Innovation Culture

What does a culture of innovation look like? Last week I gave a talk at an event on the foundations of a culture of innovation. Instead of telling you what a culture of innovation looks like (they’re all different but share habits), I focus on what all organizations do to impede it.

The 3 P’s: Putting Innovation Into Practice

innovation is as much about attitude and perspective as it is about process

In the innovation space, too much focus is placed on methods, not enough on mindset. Tools are the methodologies, mindset is the habits. One of my colleagues recently told me he’s learned about mentality, not processes, in the time he’s spent working with me. He’s right! I can give you the methods, but they don’t matter if you don’t have the habits.