Marketing has its 5 Ps, (or 6 or 7, or however many there are now). Here's Innovation's 5 Ps. It's a framework of critical aspects of innovation that should be considered. It's not an answer key. Some points may apply to your industry and company, while others may only serve as thought starters to consider. …
As innovation leaders, our first internal response to the question is hopefully, “It depends”. For most companies, however, a clear and certain answer is elusive. Why? Here are three reasons. REASON #1 INNOVATION IS NOT A COMMODITY Commodities within the same category are priced relatively the same. Commoditized innovation is an oxymoron, yet many companies do not differentiate between …
Look at this brain scan. Both images are from the same person. It reveals an interesting explanation for why we lack the ability to easily come up with truly transformational ideas. The same part of the brain fires up whether we're thinking about the past or thinking about the future. That’s the challenge! It means we rely …
Continue reading "Scientific Proof – We’re Terrible Ideators: The Cause and How to Overcome It."
3 min Reading time Back in April, John D. Stoll's piece in the Wall Street Journal featured companies that have quickly ramped up innovation in response to the COVID crisis. Here's the real cause behind this innovation spike and why it will not continue after the crisis is over. Why it happened: These unprecedented pivots …
Trend spotting and future casting are often misunderstood. Scott Likens with PwC does a nice job graphically explaining the 8 hottest technologies that represent potential directions from which disruptions may come (see infograph below). The most important point here is to remember that each of these requires an ecosystem to also emerge in order to …
Check out this info from clockify.me that lists different music that helps us be more productive. This is an interesting tool for those of us who play music during sessions we facilitate. I'm going to give these a try with the various sessions I facilitate based on what we're doing and what we're trying to …
In this brief video I describe a process you can use to quickly turn the disruption of change into positive outcomes by applying the innovation process in an unexpected way. It is a method you can begin applying with your team TODAY.
Transformational innovation does not happen by using the same processes that brings about incremental innovation. There's more work upfront to identify key domains for potential innovations. These domains set the trajectory of everything that follows. Knowing which opportunities to pursue begins by first knowing yourself. Here's how... Identify Core Competencies. These are a unique (or rare) …
Continue reading "How to Lay the Groundwork for Transformational Innovation"
It's difficult to change a culture that is not innovative into one that is. It takes years. Sometimes it begins by CEO decree, but most of the time it starts with you. The good news is, it doesn't matter who you are, where you sit in the org chart or what your title is (isn't). Here's how to …
Continue reading "Shifting The Current Of Culture Towards Innovation Begins With “One”"
Creating an innovation culture requires creating ongoing opportunities to reinforce innovation principles across the organization. Unfortunately, innovation knowledge is a leaky bucket. Here's how to avoid knowledge drops through knowledge drops.
The more uncertainty and complexity there is, the higher the chances that mistakes will happen. As innovation leaders, we get that and are hopefully comfortable with it. However, when mistakes do occur, not dealing with them well can undermine our effectiveness as leaders. Here are two common mistakes we make when dealing with mistakes and …
Continue reading "The Mistakes We Make When We Make Mistakes"
KILL THE EXPERTS!
Thinking For Innovation Leaders 