Here are some things I learned from Stan Metcalfe today: We can’t make money by making bets that everyone agrees will pay off. That means that innovative ideas will often look nuts when we first start working on them. Nevertheless, we have to give them a try.
If we want to change the world, we have to communicate our ideas clearly. This is challenging. I learned some lessons about how to do this in giving a talk at TEDxUQ this year.
Successful innovation requires not just finding great new ideas, but taking advantage of them too. This means that we have to strike a balance between executing older ideas and searching for new ones.
What are your barriers to business success? A study from my colleagues shows that innovators don’t see barriers. Instead, they use obstacles to spur innovations that help them outpace the competition.
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.
How do we innovate in a risk-averse culture? By realising that a culture is something that we create ourselves, through our interactions with people daily. When we change the way we act, we start to change out culture.
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 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.
Many organisations try to increase innovation by copying the successful techniques of other firms. This rarely works. Instead, you need to develop your purpose first. It’s this underlying philosophy that drives success, not tools.
My goal here is to help people that are trying to build a better world. I want to help make work more interesting. I hope that we can work together to do that. This is why we need to think of innovation as a discipline.