Check Kevin Rose‘s of the Dodocase for iPad, one of the more gorgeous things I’ve run across recently: Schumpeter defined innovation as the formation of new connections which drive economic growth. In The Nature of Technology, Brian Arthur reinforces this idea by saying that all new economic ideas build on the combination of things that […]
Today I talk about how you can use a craft-based approach to business model innovation: Craft-Based Business Models from Tim Kastelle on Vimeo. The key point is that you can create space for yourself, even in a crowded market, by doing something incredibly well. I use some more examples from the music industry. Here’s the […]
By all objective measures, the drawings I use in my talks and on this blog are not particularly skilled. So why do I use them? Here’s the story.
Discovery and execution are two different things, and we must treat them differently in order to succeed at innovation.
The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance […]
The hype around innovation right now seems overwhelming. Does this mean that we’ve hit Peak Innovation? No – we’ve hit Peak Innovation Hype. To avoid the hype, we need to understand what is already known about the substance of innovation.
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.
Do you know who invented the computer? Most people don’t – I’m not even sure that there is an answer to that question. The fact that we don’t know tells us a lot about how innovation actually works.
You should start a blog right now. It will help both you and others learn, and it will help you build a skill.
When markets change, we often try to keep using the same tools that we’ve always used, in the same way. This will lead to failure. We need to innovate the tools we use, or innovate the business model around the old tools.
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.
