The Problem With Being a Fast Follower: Tacit Knowledge

Not Everything That Matters Can Be Measured

Tacit Knowledge and Why It’s Important There is a mining CEO in Australia who often says in private conversation something like: When it comes to new ideas, we’re anxious to be second They want to use a fast follower strategy.  And there’s some sense to this approach.  After all, trying to be first is risky. […]

What is the Best Organisational Structure for Creativity?

Creative people are different from you and me, right? Well, no. David Burkus dispels this myth and nine more in his excellent new book The Myths of Creativity. This holds important lessons for how to organise our firms to help them be more creative.

Innovation Lessons from the Rise, Fall, and Rise of LEGO

After a string of innovation failures, LEGO nearly went out of business in 2003. Brick by Brick tells the story of how this happened, and how LEGO turned things around to become an innovation powerhouse again. There are some broad lessons that can be learned from this story.

How Can We Increase Insight?

Gary Klein on improving performance

Innovation depends on insight. But many of the practices and habits within our organisations actually inhibit generating insights. In Seeing What Other Don’t, Gary Klein offers some ideas for overcoming these obstacles, and for generating novel insights.

Seven Steps to Build Your Experimental Capability

Experimenting is a core innovation skill. Scott Berkun’s book The Year Without Pants outlines the approach that Automattic uses to foster experiments at WordPress.com. It’s a great approach, which you can adapt to fit your organisation too.

Are Creativity, Entrepreneurship & Innovation the Same Thing?

There’s a difference between having a great idea, and creating value with that idea. Creativity, entrepreneurship and innovation are all words that are used to describe the value creation part of the equation. So do they mean the same thing?

Innovation Requires a Bias Towards Action

“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.