Innovation Thoughts on Zero to One by Peter Thiel

explore versus exploit

How do we build things that move society forward? That is the core question addressed in Zero to One by Peter Thiel and Blake Masters.  I finished the book today, and here are some key quotes (in bold) and my thoughts on them. Of course, it’s easier to copy a model than to make something […]

Five Roles for Your Innovation Team

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The Problem with Solved Problems that Aren’t Solved Phil was certain that his company had their innovation problems solved. After all, they had a dedicated innovation team, they had idea management software, and they had started a big internal PR effort to highlight successful innovations. What could possibly go wrong? Lots, actually. Over the past […]

Innovation: Action That Could Be Considered a Ridiculous Error in Judgement

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.

Talent hits a target no one else can hit; genius hits a target no one else can see.

-Arthur Schopenauer

http://stoweboyd.com/post/91408505887/talent-hits-a-target-no-one-else-can-hit-genius

If the Internet is a Psychology Experiment, Are You a Psychologist?

We’ve reached a point where startups can base their business model on the rapid testing of multiple prototypes. Scott Adams of Dilbert fame argues that this basically makes starting up a big psychology experiment. If we are in established firms, we need to build some skills to compete in this environment.