What makes us innovative? In many cases, it is an almost overwhelming level of dissatisfaction with current state of the world. I thought of that today when I was looking at some of the feedback from the people that were in my executive education course a couple of weeks ago. One of the comments was […]
Innovation occurs when we creatively connect ideas in new and novel ways. If we are trying to differentiate ourselves, or our organisation, we need to be able to do this well. One way to approach this is to consciously seek out viewpoints and information that we normally wouldn’t encounter, or which conflict with our normal […]
Here’s an alarming stat from Charles Baden-Fuller: 2/3 of companies have not articulated their business model. Yikes! This video has an interview with him in which he discusses this statistic and some of other business models issues that arise from the articles in a special issue of Long Range Planning which has twenty articles on […]
If we are trying to innovate, what is our actual job? According to Mark Earls in Welcome to the Creative Age, our job is to invent the future. Seems reasonable to me. Here is how he builds that argument: …opinions are what you get back from customers once you’ve done something, so they are largely […]
One of the key ideas in The Power of Pull by John Hagel, John Seeley Brown and Lang Davison is that changes in the business environment are leading to a situation where rather than creating great ideas and then pushing them out to the world, we need to take advantage of knowledge flows by pulling […]
Here’s a strange thing that I’ve noticed: even when we’re talking about innovation, people like to be told what to do. Doesn’t this strike you as odd? The people that are the most interested in doing something new seem to like being told what to do, just like everyone else. I just revisited a great […]
Last week Ralph Ohr left me with a challenge to think about how to use experts to get the best outcomes on making decisions under conditions of uncertainty. We constantly miss disruptive changes in the operating environment and I suppose if I really knew the answer, I wouldn’t be posting it on a blog. Sometimes […]
McKinsey have just released their 2010 innovation survey. It’s a very thought-provoking read and its based on a survey of over 2000 respondents from several industries. The survey can be found on McKinseyQuarterly.com and its free to get a subscription. Many of the survey results regarding the management of innovation as a process are consistent […]
We know that the innovation process is risky. Nothing can guarantee the success of something new and failure is probably a good sign of a healthy innovation system. Without failures, no innovations. Of course, failure for its own sake is a ‘career-limiting move’ but successful innovation managers take the view that trials and rapid prototyping […]