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.
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.
There are three ways to develop a disruptive innovation: find a 10X performance improvement, innovate the business model, or re-imagination. Here is a case study of how to use design thinking to achieve a radically re-imagined product.
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.
Tacit Knowledge and Why It’s Important There is a mining CEO in Australia who often says in private conversation something like: When it comes to new ideas, we’re anxious to be second They want to use a fast follower strategy. And there’s some sense to this approach. After all, trying to be first is risky. […]
I’ve seen a lot of startup pitches recently, and it seems like founders are obsessed with features. I don’t care about your features. Tell me how you’re going to create value instead. Here is how to think about that.
- Failure is Always an Option 1 December 2013
- How I Almost Blew My Big Chance by Forgetting Everything I Know About Innovation 27 November 2013
- How to Use Experiments to Build an Innovation Culture 19 November 2013
- You Can’t Benchmark Your Way to Greatness 17 November 2013
- Innovate by Re-Imagining 14 November 2013
- I Have a Great Idea – Now What? Startup Edition 12 November 2013
- This Might Not Work 7 November 2013
- We Don\'t Care About Your Features (Create Value...: […] I've seen a lot of startup pitches ...
- Innovate by Re-Imagining | digitalNow | Scoop.it: […] There are three ways to develop a disrup...
- You Can\'t Benchmark Your Way to Greatness | dig...: […] Many organisations try to increase innov...
- Become a Master at Connecting | SOLDPS: […] Tim Kastelle, who I met recently in pers...
- Failure is Always an Option - The Discipline of Innovation | Advanced Vectors: […] See on timkastelle.org […]...
- Failure is Always an Option - The Discipline of...: […] We all want to avoid big, expensive fail...
- Failure is Always an Option - The Discipline of Innovation: […] People are deeply uncomfortable with the...
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2013-09-09 ～ 2013-12-08