There are three ways to develop a disruptive innovation: find a 10X performance improvement, innovate the business model, or re-imagination. Here is a case study of how to use design thinking to achieve a radically re-imagined product.
Tacit Knowledge and Why It’s Important There is a mining CEO in Australia who often says in private conversation something like: When it comes to new ideas, we’re anxious to be second They want to use a fast follower strategy. And there’s some sense to this approach. After all, trying to be first is risky. […]
Creative people are different from you and me, right? Well, no. David Burkus dispels this myth and nine more in his excellent new book The Myths of Creativity. This holds important lessons for how to organise our firms to help them be more creative.
I’ve had a lot of jobs in my life, and many of them have been lousy. We need to make work better. Scott Berkun’s new book, The Year Without Pants, gives us some guidance in trying to make management more effective.
Here are short profiles of five thinkers that have influences my own thinking recently – Valeria Maltoni, Terri Griffith, Henry Mintzberg, Rosalind Franklin and Rita Gunther McGrath.
Business model innovation is relatively easy to do when you’re a startup. But it’s also a really important skill for established firms to build. In this post I discuss why, and how to approach it effectively.
A medical emergency for my cat Wallace leads to surprising discoveries about a common household product, which teaches some useful innovation lessons.
This post was first published as opening post to my new blog, titled Integrative Innovation. Some people I’ve been collaborating with have recently encouraged me to open up an own blog. After having given it some thought, I decided to do so. I’m launching a new site and platform titled “Integrative Innovation” to share ideas […]
We often picture innovation as a relentless forward march of progress. But sometimes, we can make a significant forward leap by first taking a step backwards. Here’s a small case study that shows how.
The Bing It One challenge would have been a great tool in 1998. Unfortunately, now that Google dominates search, an improved algorithm isn’t enough to get people to switch. This is the Attacker’s Dilemma: unless you bring a major performance improvement, there is no point in directly attacking a strong incumbent in their area of strength.
As outlined in my previous post, sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new […]
How can you learn what you need to know to become an expert? It requires deep knowledge of a field, but it also requires broad knowledge of related fields. Our current technologies support deep, but not broad. We need to figure out a way to find t-shaped knowledge.
