Finding the Right Innovation Balance
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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.
Category Archives: innovation strategy
Can Asking Better Questions Make Us Better Innovators?
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If we want to be more innovative, learning how to ask better questions is a key skill to develop.
Things Don’t Always Go According to Plan
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Things don’t always go the way we plan – and if we’re innovating, we shouldn’t expect them to. Here are some ideas for coping with this.
Where Others See Only Barriers, Innovators See Opportunities
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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.
The Difference Between Good and Great
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The way to win is to be extremely good at the jobs that are diabolically hard – figure out how to do that, and you’ll do ok.
3 Innovation Triggers: Fear, Fantasy & Frustration
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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 Innovation Loop
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Here is a simple process that will help you innovate more effectively.
When Should We Adopt a New Idea?
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When new ideas arrive, it might be easy to see that they will eventually win. But when should you adopt these ideas? It’s a hard question to answer.
Innovation Lessons from the Rise, Fall, and Rise of LEGO
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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.
The Discipline of Innovation
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My goal here is to help people that are trying to build a better world. I want to help make work more interesting. I hope that we can work together to do that. This is why we need to think of innovation as a discipline.
The Unknown Knowns of Innovation
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We know how to make organisations more innovative, but we don’t act on this knowledge. Why? Sometimes it’s because it’s hard, which isn’t a very good excuse.
Innovation Lessons from Amazon’s Shareholder Letters
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Jeff Bezos’ annual letters to shareholders provide some interesting insights into how Amazon has managed to continue to innovate, even as they’ve grown to become enormous.
