The business environment is changing – adapt or perish, some say. But there’s a third choice – invent the future ourselves. Here are three skills that we need to help us do this.
Which location has a better mobile payment system: Kenya or Silicon Valley? The answer is Kenya, and we can learn a lot about innovating more effectively by looking at why this is the case.
Mary Meeker’s annual report on internet trends shows how the market for smartphone operating systems has been completely transformed in eight years. This holds some important innovation lessons.
If we want to change the world, we have to communicate our ideas clearly. This is challenging. I learned some lessons about how to do this in giving a talk at TEDxUQ this year.
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.
Great new ideas usually need great new business models to work. The Technology Readiness Level and the Investment Readiness Level are two tools that you can use to help you get your great new idea ready for the world.