When people say that their organisations are risk-averse, often they actually mean that they are variance-averse. This causes problems over the long-term, but experimenting and innovation can help you avoid these problems.
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Should “innovation” only be used to refer to big, world-changing ideas? No. This is actually a dangerous approach to innovating. The biggest hurdle is actually getting started – it’s more important to put effort into that.
When new ideas arrive, it might be easy to see that they will eventually win. But when should you adopt these ideas? It’s a hard question to answer.
Mistakes are fine, as long as we learn from them. Here is what I learned from one of my recent ones – about, ironically, a friend of mine that teaches us how to think better!
The percentage of people reading books these days might surprise you. Identifying our false assumptions can lead to huge innovation opportunities.
Is technology about to disrupt your market? Chunka Mui and Paul B. Carroll think so, and they have some good suggestions about how to respond.
Innovation drives economic growth, but the relationship between innovation and inequality is much less clear. It is possible to be an innovative country with low levels of inequality.
TL;DR – when attention spans get shorter, we can either accommodate this by going short ourselves, or we can do the opposite and go deep.
It’s not enough to want to innovate more. We have to build the habits that will help us take the daily actions that will achieve this goal.
People always tell us “pay attention.” What do we get in return for this payment? If we do it right, we can get better ideas – it’s actually an awfully good deal.
Ideas change lives. Here are some of the sources of ideas that have changed mine recently. I hope you find a few ideas in here that will change yours too!
When I started a new job in New Zealand in 1997, reading Thriving on Chaos by Tom Peters changed my life. Here’s the story…
- Can Big Firms Pivot? 9 March 2014
- We’re Not Risk-Averse, We’re Variance-Averse 6 March 2014
- You Should Start a Blog Right Now 5 March 2014
- Ask Better Questions, Do More Stuff, and Think About Maps? 2 March 2014
- Writers Write, and Innovators Innovate 1 March 2014
- Why Experimenting Builds an Innovation Culture – Interview with DK 28 February 2014
- The Innovation Loop 24 February 2014
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