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.
Category Archives: Innovation
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.
How Do You Spot A Market That Is Ripe For Disruption?
Most innovation is not necessarily disruptive; rather it’s mostly incremental, which makes disruption rare and it takes time. It’s also difficult to predict what will be disruptive in the future.
Make Innovation Part of Your Everyday Thinking
Yes, you can make innovation part of your everyday thinking. And, no this isn’t a guide. There is no “follow these steps” to everyday innovation. It starts with attitude.
10 Sources of Innovation
What if I told you that I could give you a map that shows where innovation opportunities lie? Would you believe me? It’s not that easy. When it comes to innovation, finding ideas is the easy part. Finding the right idea and then executing is where the rubber meets the road.