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W E OFTEN THINK of innovation as something visionaries draw out of thin air, like manna from heaven. Here’s an innovation story that’s closer to reality: It’s a story of loss, grit, and renewal. It’s also about a never-too-late approach to innovation that enabled a floundering business to launch a second golden age.
As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.
Christensen calls this “ disruptive innovation ” and gives examples as diverse as the personal computer industry, milkshakes, and steel minimills. WHAT IS A DISRUPTIVE INNOVATION? Earlier examples of disruptive innovations: telephone (disrupted the telegraph). GLOBAL CONSULTING & DISRUPTIVE INNOVATION.
Guest post from Shoya Zichy: Innovation is critical to an organization''s growth and competitive advantage. Yet in a recent survey of 5,000 only 1 in 4 people believe they are living up to their creative potential. If you chose more items on the left, your inborn styles is that of a "structured" innovator.
Here's some new research on innovation and a guest post by By Rich Wellins, Ph,D., Senior Vice President, Development Dimensions International (DDI): In the past year, innovation has risen to the top of the business agenda. It seems not a day goes by that the major media writes (or broadcasts) stories in innovation.
Their greatest fear is no longer their closest competitor, but the startups which, although they live in metaphorical garages and have hardly taken off, have an innovation power that established organizations can only dream of possessing. The Three Tracks of Innovation. Optimizing innovation: Improving the past.
It was a fitting tribute to the man who personified invention and innovation. Today, if you want to survive and succeed, you must come up with new ideas that help you do things better. Today, if you want to survive and succeed, you must come up with new ideas that help you do things better. Innovation Is A Team Sport.
The point I ask you to ponder is this: Leadership teams often espouse the need for change and innovation, but rarely apply this thinking to themselves – why? Leadership teams who view themselves as a protected class are leadership teams not living-up to their obligations and responsibilities. Thoughts?
The word no ends discussions, stifles creativity, kills innovation, impedes learning, and gates initiative. No is not all it’s cracked-up to be. It means your vision is not understood, your team is not aligned, and your talent is not performing up to par. It means you’re not teaching, mentoring, communicating, or leading.
Olakunle Soriyan, known by most as PK, author of A Love Affair With Failure: When Hitting Bottom Becomes A Launchpad To Success , paints “failure” and “failing” as two different realities and mindset. Shift your perspective and use failure to thrive. How Leaders Use Failure To Thrive.
Whether it's the death of a friend, loss of a job, a bad break-up, or the isolation of Covid-19, those who manage to be where their feet are will grow, stretch and emerge stronger, smarter, and more prepared as we find peace and gratitude in the pause. The human spirit craves connection. Authenticity. We need to make our interactions count.
Too much emphasis on money, the bottom line and externals like the corner office and wearing the right brand of shoes.She has learned that life is full of either/or problems to solve and both/and paradoxical tensions to perpetually manage. She’s done the corporate executive thing and did it well.
Let me be clear, I’m not encouraging giving in or giving up – I am suggesting you learn the ever so subtle art of letting go. Surrender fosters collaboration, encourages innovation and enables possibility. Bottom line – what you do or don’t surrender to will define you.
And the bottom line is that trust is anything but soft. Customer satisfaction occurs when a companies products and services live up to brand promise thereby improving reputational value and trust. Customers are willing to speak up, organize, and boycott when their expectations aren’t met. What is trust?
Tenure Inhibits Change and Cripples Innovation : Organizations that favor tenure also tend to be prone to majoring in the minors. All of these traits preclude the advancement of change initiatives and cripple innovation. You see tenure is not synonymous with loyalty, but rather is more often a measure of compliance and survival.
Top Row: Steve Jobs, Herb Kelleher; Bottom Row: Steve Wozniak, Tim Cook, Colleen Barrett, Gary Kelly. He was – if you refer to technology and innovation. In Jobs case, I’d suggest this was creativity, innovation and technology. Builds up the organization: Servant leaders place the success of the organization, first.
It’s been almost 4 years now since my cable TV company was sold, and my wife and I packed up and moved from Stamford, Connecticut to Portland, Oregon. There was an entrepreneurial spirit that sprung from all the makers, foodies, techies, innovators, dreamers, and groundbreakers that lived in the city and throughout the state of Oregon.
And now he’s written, Going on the Offense: A Leader’s Playbook for Perpetual Innovation. Most companies pray for one innovation to skyrocket their growth. Dr. Behnam Tabrizi Tabrizi has whittled those qualities down into eight main drivers of perpetual innovation : Setting an Existential Purpose: Why Does Your Company Matter?
Featuring commentary from the leaders themselves describing how they handled each situation, it helps managers better understand not just what emotional intelligence is, or how to measure it, or how it is linked to bottom-line results: it also shows how real leaders used their emotional intelligence to deal with real situations.
Some would say that the term thought leader, once synonymous with futurist and innovator, is more closely aligned with snake-oil salesman today. Their work is widely regarded as being innovative, disruptive, and market altering. Bottom line … judge people on their actions and results, not their rhetoric or their title.
Karl Moore takes a practical and down-to-earth approach to understanding what drives millennials and generation Z and how the education system they were brought up in has informed their worldview. Beyond Disruption : Innovate and Achieve Growth without Displacing Industries, Companies, or Jobs by W. What if we had that job?
This is the definition of presence, and it is only when we operate in the present that real creativity, growth and innovation occur. Bottom line…success equals focus. Is your rubber-band stretched so tight that it’s about to snap? Efficiency and productivity are not found working at or even near capacity. I Think Not.
Moreover, the true litmus test for a thought leader is when their unique ideas are implemented in the marketplace, they tend to create disruptive innovation, and often change the way we view the world. Their work is widely regarded as being innovative, disruptive, and market altering. They are not the posers, but the players.
Few things are more critical to your efforts in increasing your revenue growth and corporate sustainability than understanding the value of disruptive innovation. So why do so many established and often well managed companies struggle with disruptive innovation? or my personal favorite, “We need to focus on our core business.&#
Bottom-up commitment. In this post I focus on one point: selecting the right change ambassadors using Rogers’ innovation theory. The early majority eventually want to hook up with the new idea, but want some proof that it works before committing. ” Innovators are typically poor ambassadors. Critical mass.
At an organizational level have you focused so much on process improvements and incremental gains that you’ve failed to recognize opportunity and innovate? As I’ve said many times before, things don’t always have to boil down to either/or types of decisions – not everything must end-up on the altar of sacrificial decisioning.
These priceless individuals value results and the bottom line. They value traditions while encouraging innovation and creativity. They value traditions while encouraging innovation and creativity. The leaders people want to follow balance bottom-up and top-down decision-making. Some days I succeed, fail on others.
They were the born leaders we all grew up with. I meant this post to be more of a thinking exercise than a choosing-up sides and fighting till the bitter end drill. They were your class presidents, team captains, club leaders, and the people who held virtually all the available leadership positions you can imagine early in life.
His book The Innovators Dilemma has impacted the business world perhaps more than any other book in recent history. According to Christensen, you keep nimble and respond to up-and-coming innovations at the bottom of the market. Integrity Leadership Purpose change Clayton Christensen Innovation'
Companies consistently get culture wrong because they go about assessing it, and attempting to manage it from the top-down, not the bottom-up. Also, start-up companies in the Fujitsu technology accelerator program work in the satellite locations as well, creating a company-startup mashup. But what does this mean?
We love learning about what’s resonating, and most importantly, how teams are applying what they’re reading as they grow leaders and encourage courage and innovation. You will find the guide here (scroll to the bottom of the page at this link.) You’ve got to do something with what you read. Own the U.G.L.Y.
Bottom line…personal responsibility and accountability have always been the ultimate leadership “hot potato&# in that everyone wants to be in charge, but few are willing to take ownership of the never-ending obligations that go along with the privilege of leadership. What say you??? 2 Tweets Who’s In Charge?
It’s also important to understand that a toxic culture cannot exist if toxic people are not allowed to take up residence. Bottom line - toxic individuals kill productivity, and if allowed to run unchecked can have a much broader and deeper impact on an organization than one might think. I Think Not.
Initiative, innovation, and risk-taking lose out because they tend to harm metrics. For example, it’s not uncommon for companies to believe that improving the bottom line is more important that employee engagement or development. Picture the playground teeter-totter with one side up and the other down.
Co-Intelligence : Living and Working with AI by Ethan Mollick Something new entered our world in November 2022 — the first general purpose AI that could pass for a human and do the kinds of creative, innovative work that only humans could do previously. Why is having a mentor crucial to success?
How Innovation Works : And Why It Flourishes in Freedom by Matt Ridley. Innovation is crucially different from invention, because it is the turning of inventions into things of practical and affordable use to people. It speeds up in some sectors and slows down in others. For bulk orders call 1-626-441-2024.
Bottom line…unproven leaders come with a high risk premium. The best leaders are focused on leading change and innovation to keep their organizations fresh, dynamic and growing. Bottom line – leaders who build a static business doom themselves to failure. Successful leaders focus on customer satisfaction and loyalty.
Bottom line…if you have high employee turnover (see “ Cutting Employee Churn “), a fractured corporate culture, a lack of leadership development and mentoring programs, regressive compensation programs, and a lack of C-level focus on talent then talent cannot be your biggest asset. I Think Not.
The word no ends discussions, stifles creativity, kills innovation, impedes learning, and gates initiative. No is not all it’s cracked-up to be…Still don’t believe me? It means your vision is not understood, your team is not aligned and your talent is not performing up to par.
Lost Ancillary Revenue : On average, a single account is good for a 30 -40% cross-sell and up-sell revenue increase over time as new products, services, joint ventures etc. Over a 10 year period of time, assuming only 2 annual referrals, without any cross-sell or up-sell value being added-in, you just lost another $200,000 dollars.
They are the ones innovating and breaking-down barriers. Bottom line…the way you identify leaders is not through psychological profiling or some miraculous transformative process. They're the ones on behalf of the team who step up and do a faceplant with an oncoming tomato.
Let me be clear, I’m not encouraging giving in or giving up – I am suggesting you learn the ever so subtle art of letting go. Surrender: fosters collaboration, encourages innovation and enables possibilities. Bottom line – what you do or don’t surrender to will define you.
The operational advantage created through effective KM should allow an enterprise to effectively address current needs as well as to strategically drive innovation and forward planning. .
Because the meetings were poorly conceived and poorly facilitated, it turned out that most meetings just ended-up being rehashing sessions for the subjects not resolved in prior meetings – a theme most of you are probably all too familiar with. Ideating is not innovating. A: “Congratulations are in order.
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