What are the leadership competencies for disruptive innovation? Disruptive innovation is no longer the exception, it’s the rule. Just look at Blackberry, Blockbuster, Borders, and Kodak – all companies that missed opportunities to leapfrog to the next big thing. If we’re not proactively driving disruption, we’ll eventually need to react to it. Most leaders, however,…
Does power hinder or help our ability to innovate? When it comes to innovation, we all know that open-mindedness, deferring judgment, including diverse inputs from diverse people, and fostering collaboration inside and outside the organization are all success factors when going for big ideas that will make a big difference. But recent research from USC’s…
Magnum uses the Power of Surprise for Breakthroughs So you think ice cream is for kids? Try telling that to Unilever who sells over a billion Magnum ice cream bars a year – many to adults. Magnum’s wild success is based on using the “Power of Surprise” in its product innovation and marketing. In the…
How does FEAR impact innovation? At many companies, there’s a lot of room for lip service, but little for real failure. We hear the catch phrases over and over: failure is necessary for success, we must fail faster to succeed sooner, and so on. But as soon as the possibility of actual failure arises, suddenly…
Why Fighting Everyday Fires will Burn Down Your House I recently had the opportunity to provide a guest blog post on LeaderLab, one of the leading blogs focused on leadership, innovation and strategy. The post is titled Leading for Innovation: Why Fighting Fires Burns Down the House. Here’s an excerpt: Whereas innovation used to be…
It’s tough to challenge assumptions and innovate when we have the same conversations with the same colleagues and about the same topics. So how do we stir things up to shift our mindsets, come up with new ideas and innovate? This video interview, conducted by Tad Milbourn, the host of Intuit’s Innovators Exchange, describes the…
What lessons can we draw from times of scarcity and discipline to help us be more creative and innovative during periods of greater prosperity? During an economic downturn, it’s hard to think outside the bucks – let alone the box. We often jump to cost-cutting in an effort to preserve profits and cash flow. The…