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.
There’s a difference between having a great idea, and creating value with that idea. Creativity, entrepreneurship and innovation are all words that are used to describe the value creation part of the equation. So do they mean the same thing?
Change is one constant in business. The evolution of operating system market share demonstrates some important lessons for innovating in a constantly shifting environment.
Here’s a list of forty different ways that we can innovate. When we start to combine them, we can come with thousands of potential ways to structure our innovation process. Innovating the way we innovate is a huge opportunity.