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We all know there’s nothing new about innovation, or even innovation strategy, leadership or culture. The truth is that as an outcome of creative endeavour, it’s been around since the age of man as we, ‘Man’ has always ‘innovated’ within the world around us, taking fire and using it for warmth and cooking food, shaping … Continued
Risk and innovation are natural bedfellows, as innovation is by its very nature something of a leap into the unknown. You’re doing something new and different, and the outcomes are far from guaranteed. It’s perhaps not surprising therefore that many organisations view ‘attitude to risk’ as a major barrier to innovation. I recently flicked back … Continued
When thinking about the resistance to change, especially that required in the pursuit of innovation-led growth, Machiavelli had it nailed… “There is no more delicate matter to take in hand, nor more dangerous to conduct, nor more doubtful in its success, than to be a leader in the introduction of changes. For he who innovates … Continued
54% of companies struggle to align innovation strategy with business strategy [1] That was conclusion of PwC’s 2017 Innovation Benchmark report which also revealed that 65% of companies who are investing heavily in innovation regard the alignment of their innovation work with their overall strategy as their biggest challenge. Given the huge importance of innovation … Continued
In my previous article, ‘Why building a culture of innovation is your competitive advantage?’ [1] I explored how building a culture where innovation thrives provides a clear and robust competitive advantage to your organisation. The most innovative companies, such as Amazon and GE, have innovation infused within their DNA. It isn’t so much something they … Continued
A quick glance at the Most Innovative Companies [1] list at Forbes sees the top three places taken by Salesforce, Tesla and Amazon respectively. With Amazon being 23 years old and safely ensconced in adulthood, they are the most interesting of the three (to me at least). In an age of rapid change and creative … Continued
I recently read about a conversation between Eric Ries and the then CEO of GE, Jeff Immelt. Immelt said that “Nobody wants to work at an old-fashioned company. Nobody wants to buy products from an old-fashioned company. And nobody wants to invest in an old-fashioned company”. It nicely encapsulated many of the problems we hear … Continued
“We may be young, and of the information age but know the future is ours, and beautiful.” Those closing lines from a poem performed by Tyreece Akwasi Asamoah as part of a Nationwide advertising campaign highlights his vision as a member of Generation Z. It’s a vision which I’m seeing come more and more to … Continued
What sits at the heart of success? A quick flick through the search engines might suggest that hard work might be one of the prime contenders. Now I’m not decrying the value of hard work, but simply grafting away, putting the hours in, is never going to lead to the kind of success that you … Continued
In 1955 a film burst on to the silver screen which changed the way in which young people were viewed forever. Its star, James Dean, had suffered an untimely death just one month before the film’s release; but nevertheless, his portrayal of teenage angst made such an impact that he was widely seen as someone … Continued
