What are your barriers to business success? A study from my colleagues shows that innovators don’t see barriers. Instead, they use obstacles to spur innovations that help them outpace the competition.
To innovate, we need three things: a great idea, that creates value for people, made real. If we only have two out of the three, then we have an innovation trigger: fear, fantasy or frustration.
The culture in our firms has a big influence on how innovative we are. Two ways to change the culture are to go with a flatter organisational hierarchy, and to examine the assumptions that underlie our culture.
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.
Often we feel that we can’t do something new until we’ve conquered our fears first. The problem is that we never conquer fear – the best we can do is learn to live with it. So how do we get important stuff done?