“They made fun of Galileo, and he was right. They make fun of me, therefore I am right.” That’s a logical fallacy. One way to avoid it is to actually test out our ideas – you can prove people wrong by making your ideas work. This is part of why innovation requires a bias towards action.
The business environment is changing, and competitive advantages have much shorter lifespans now. To combat this, you need to build an innovation capability for yourself, and for your organisation. Here are some ideas on how.
What social networks do you have to be on to succeed? Whichever ones fit your strengths. Here’s how to think about this question a bit more strategically.
I’m in Palo Alto right now, and electric cars are all over the road. This is a pretty good sign that they are traveling up the innovation diffusion s-curve, and are coming soon to a road near you.
Here are short profiles of five thinkers that have influences my own thinking recently – Valeria Maltoni, Terri Griffith, Henry Mintzberg, Rosalind Franklin and Rita Gunther McGrath.
The startup Thumbtack hired a full-time chef a few years ago, and it transformed their business. It’s a great story of unintended business model innovation that we can learn from.
Business model innovation is relatively easy to do when you’re a startup. But it’s also a really important skill for established firms to build. In this post I discuss why, and how to approach it effectively.
In 1993 you needed a phone, a laptop, a camcorder, a palm pilot, a watch, a walkman and a pager to do most of what you can do today with your smartphone. That’s amazing, and there are some important innovation lessons that follow from this.
Change is one constant in business. The evolution of operating system market share demonstrates some important lessons for innovating in a constantly shifting environment.
