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.
If we want to be more innovative, learning how to ask better questions is a key skill to develop.
We often think of new ideas fighting with older ideas, but the truth is that new ideas never work without building on older ones.
What happens if we think of our organisations as idea-processing networks instead of widget-producing machines? To start with, everything changes…
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.
This week’s collection of the best innovation posts includes ideas on open innovation, purpose, hiring the best people, and the theremin.
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 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.
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.
