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.
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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.
I’m teaching exec ed this week, which is always a lot of fun. During one of the breaks today, one of the people in the class said to me “This has been really valuable to me because it reinforces that I’m not the only one with these problems.” A very important point, which made me […]
Note: This is part of a series of posts explaining the individual parts of The Innovation Matrix. See this post for a description of the full model and what can be done with it. Fit for Purpose and World Class Innovators In a perfect world, as firms increase their Innovation Competence, their Innovation Commitment, should […]
You are responsible for getting your ideas to spread. How can you do this more effectively? The first step is to connect ideas creatively – this is the fundamental creative act in innovation. Here are some thoughts on this from Noam Chomsky, discussing the role of education in an excellent post from Maria Popova: You […]
When I’m doing public talks, one of the big misconceptions that I have to work around is the idea that innovation is only about making new stuff – that you can only innovate if you’re making things like iPhones. Schumpeter defined innovation as the formation of new connections which drive economic growth. In The Nature […]
How can established organizations innovate their business model? That is the question that I’ve been putting a lot of thought into recently. Two ideas collided this week that gave me some insight into the question. First, in the comments on my post about different business models leading to different outcomes, Greg Satell said: A business […]
Here is a great quote from Ioan Tenner in a post on the strategy of surprise: Significant surprise is a life event. Neglect this subject and your fate may be of the led and of the losers. The surprised lose initiative, stumble and take hasty decisions they will regret. They submit to choices crafted by […]
I remember that when Gillette came out with their double-bladed razor, I started joking about how it wouldn’t stop until razors had five blades. At the time, that seemed absurd, but sure enough, now we can buy razors with five blades. Now, while this may seem ridiculous, it’s actually a pretty smart response to a […]
The economist Rudi Dornbusch succinctly describes the way that ideas spread: Things take longer to happen than you think they will and then they happen faster than you thought they could. It’s the innovation S-Curve in words, this is what that looks like graphically: And the problem is that the value for X is larger […]
Yesterday I looked at Eight Models of Business Models and Why They’re Important. However, in writing about how different people conceive of business models, I didn’t have enough space to address the really critical issue with them: What can you actually do with a business model? Once you’ve defined your business model, here are three […]
- 2013 Holiday Reading List for Innovators 9 December 2013
- Ideas Change Lives: How Tom Peters’ Changed Mine 8 December 2013
- Failure is Always an Option 1 December 2013
- How I Almost Blew My Big Chance by Forgetting Everything I Know About Innovation 27 November 2013
- How to Use Experiments to Build an Innovation Culture 19 November 2013
- You Can’t Benchmark Your Way to Greatness 17 November 2013
- Innovate by Re-Imagining 14 November 2013
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] combo packs a great deal of business wis...
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] End of Competitive Advantage by Rita Gun...
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] Greatly by Brené Brown (discussed here...
- 2013 Holiday Reading List for Innovators - The ...: […] Ideas change lives. Here are some of the...
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] Do You Want Your Customer to Become? by ...
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] by Jeanne Liedtka (one book discussed he...
- 2013 Holiday Reading List for Innovators - The Discipline of Innovation: […] too many people, work is lousy. Most o...
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