Can large firms pivot? There are examples of firms that have, but not a lot of them. It’s a challenging process in the best of times, but they often try to do it in a crisis, which is even tougher. Your best strategy is to start experimenting now.
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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.
DK interviewed me for a podcast last week – this bit on how to use experimenting build your innovation culture is my favourite part from it.
Here is a simple process that will help you innovate more effectively.
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!
George R.R. Martin describes two kinds of writers: architects (who plan) and gardeners (who see what emerges). These ideas apply to innovators too. However, instead of embracing one approach over the other, we need to build the skills require to integrate them.
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…
We all want to avoid big, expensive failures. The best way to do this is to design many small, cheap failures – experiments!
I just started writing for Harvard Business Review Blogs. Here is the story of how I almost blew that opportunity, and how I finally made it work by doing what I already know works: experimenting.
We learn through trial and error. That’s how everyone figures out how to ride a bike. We need to use trial and error more in business – it is a core tool for building an innovation culture.
I often have people ask me what they should do with a great idea they have for a business. Here is a list of questions to work through, and resources to help you.
The most important phrase in innovation is “this might not work.” If there isn’t a risk, we’re not innovating.
- 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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