We often think of new ideas fighting with older ideas, but the truth is that new ideas never work without building on older ones.
Things don’t always go the way we plan – and if we’re innovating, we shouldn’t expect them to. Here are some ideas for coping with this.
Here’s the secret to innovation: there are no secrets. The only way to get better at innovating is to do the work – get better at experimenting.
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.
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.