innovation

Where Do Good Ideas Come From?

March 26, 2016

I’ve come to realize that as modern professionals, we’ve largely inherited a view of leadership built on an era long gone – the industrial age.  That age taught us to value incremental improvements (make the car a color other than black!) as well as efficiency (how can we crank out 10 more axles per hour?). Our “strategic planning” efforts involving giant 50-page Word documents filled with untested assumptions are testament to the way things used to work. The problem with all of this is, of course, increasing complexity and rate of change. This increased pace of change and knowledge creation puts us in an era where the old rules don’t cut it. Instead, we need creativity. We need ideas. I’ve found that many modern professionals don’t know how to inspire great ideas. Instead, the knee jerk reaction is to analyze the problem until it relents. But it never does. Richard Buchanan from Carnegie Mellon University does a good job of explaining why: “We […]

Six factors toward innovation

Six factors toward innovation

November 20, 2015

Innovation isn’t just a buzzword…it’s an imperative of survival in our rapidly changing world. In fact, our friend Peter Drucker had this to say on the importance of innovation: “Business has only two functions — marketing and innovation.” Because we see the body as the most appropriate metaphor for leadership and management, it’s led us to create a list of six important factors that bring organizations toward (or away) a culture of innovation. Purpose. Organizations that involve change and innovation in their “why” are naturally set up to pursue innovation. Values and cultural norms. If your organization values diversity of opinion as well as taking risk, you’re more likely to innovate. Flow of information. Is your business’s knowledge easily collected and shared to others? To the degree it is, it’ll be easier for you to innovate. Diversity of thought and experience.Tough problems call for unique solutions and unique solutions come from diverse backgrounds. Financial model. This is rarely discussed, but […]

Innovation: it’s better when it’s done together

November 20, 2015

Every month that we are preparing for blog posts and podcasts, Justin and I meet with a group of executives and leaders who are currently in organizations of various sizes. We bring a topic to the table, and open up a discussion about whatever we are working on that month. This month we brought up the topic of “we are better when we innovate together”. One of the members of our group immediately chimed in: “You seem to have the uncanny ability of bringing up whatever our company is working on right now.” Another female executive agreed, and they began to talk about how their companies each have different innovation systems to bring new products and services online, and she, too, spent many hours virtually and face to face working with cross-functional teams innovating together through various phases of the process. These two women are representative of the pressure on companies in the “innovate or be disrupted” environment. It reminds […]