For Breakthrough Innovation, Focus on Possibility, Not Profitability – Harvard Business Review Blog
This article looks at the how Google is focused on possibility rather than profitability — a mindset that’s necessary to create innovations that transform categories. The author argues that many breakthrough innovations have suffered when the profitability mindset creeps in and that Google should be admired for first setting out to answer the question: “Is this possible?”
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The Future is Already Here – Find It! – Discipline of Innovation Blog
It’s not enough just to look at what our direct competitors are doing – in fact, it might be counterproductive. Instead, we need to look into areas that face similar problems. For example, the NHS and then other health services started to learn how to work more effectively and more safely by adopting some of the methods used by Formula 1 pit crews. As Nilofer Merchant says, the social era is about connecting things, people and ideas. So you need to travel, meet people, and read. By doing these things purposefully, we can improve our scanning and connecting skills. Even if we’re introverts, we can look for experiences and ideas outside of our comfort zones.
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Adapt or Perish? How About Neither? – Discipline of Innovation Blog
In a changing environment, our choices are create the future, adapt or perish. If creating the future is the one that that we wish to follow, we are entering risky territory. But then, when things are changing, innovation might be the least risky option.
The skills we need to help cope with this risk are: experimenting, a focus on genuine human needs, and amplifying weak signals. These are all things that make it a little bit easier to find a way through – they are part of entrepreneurial judgment. They are part of inventing the future.
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