Category: Innovation

Innovation

Building a Culture of Innovation by Creating A Structure for Unstructured Innovation

The need for innovation has never been more acute for businesses than it is today. Every CEO of any sizable business is worrying about which startup from which garage is going to change the rules of their game and disrupt them. They are looking for ways to find (internally, within their organisation or externally, through acquisition/partnership/investments) innovations that can give them enough breathing space to grow their businesses and give their shareholders a good return on investment (and in the process make a lot of money for themselves :-)) However, what most organisations don’t get is that there is only one […]

Ideas, Innovation, transformation

Finding Our Centre Of Excellence

I read a post by Mitch Joel (one of my insanely awesome people) where he proposes a 7 step model to define what could be our centre of excellence. Please do read his post here. I wanted to do this exercise and the result is as below: The Tactic: My tactic of my primary output is content, just like Mitch himself. The Format: My format is text and audio. The Frequency: This is a place where i need to improve significantly. I have committed to myself that i will create content everyday in text and at least once a week in […]

Innovation

Intelligent Failure

I just came across this video where Rita McGrath shares her views on how to fail intelligently. First, do take some time and watch the short video below. She talks about the 4 different activities that constitute intelligent failure. How does success look like? I think she makes a great point here. One of the biggest challenge that I have seen in innovation projects is they have a big goal and know what success at the highest level looks like – successful product launch, getting the next round of funding, getting approval from the management to go into production, etc. […]

Innovation, Recommendation, transformation

Best Among What I Read Today – The Innovation Edition, Jan 5th 2017

In this edition of Best Among what I read, I would like to share some of the best content that I came across this week, on the topic of Innovation. Use Design Thinking to Build Commitment to a New Idea In this blog post, Roger Martin shares how the concepts of design thinking can be used not just to create new products or services but can be used for a much more important activity – to build commitments to the ideas that the design thinking team is working on. Innovation we have seen is not an idea problem but is a […]

Innovation, Recommendation

Best Among What I Read Today, The Corporate Edition – Jan 2nd 2017

This is a collection of posts that I loved reading today and I hope that you will like as well. How Starbucks’s Culture Brings Its Strategy to Life In this HBR post, Paul Leinwand & Varya Davidson share the importance of the alignment of culture and strategy in the success of an enterprise. It is clear to any leader who has tried to create and execute on a new strategy, how difficult it is to get people to change the way they do things (culture). I strongly believe that the culture comes ahead of strategy. So, if you have a strategy that requires your teams […]