You can tell whether a business has innovation potential by the way it leads and its priorities; both are critical measures of innovation. The first one, leadership, I’ll focus on here.
Tag Archives: Innovation
All Innovators Work From Failure
in Innovation, Leadership
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
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…
Is it better to solve problems in isolation or by collaborating with others?
I’ve always believed that the best way to brainstorm is a hybrid of thinking by ourselves and then sharing that with a group to build on each other’s ideas; as opposed to brainstorming with a group from the start.
How Do You Ensure Your Culture Keeps Driving Innovation?
in Innovation, Leadership
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 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.