Tag Archives: innovation

Savvy Saturday July 15th, 2017

la investigación y el desarrollo no son iguales a la innovación; que la innovación implica la capacidad de coordinar el aprendizaje a través de entidades y funciones distintas – EMC

R&D does not equal innovation; innovation implies the ability to coordinated learning across distinct entities and functions – EMC

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Savvy Saturday June 3, 2017

“Leaders often believe their organization is capable of doing anything. In reality, organizations often fail because they force new innovations through their existing resources, processes, and profit formula.”

Clayton Christensen – Disruptive Strategy, Harvard.

I am 50% through this course with Christensen and I was thrilled to study this section of the course talking about how organizations should plan and choose what they say YES and NO to.  This theory is central to my management style (things should be simple but no simpler) and my usual contribution when executives are planning projects and future actions. – EMC

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Savvy Saturday May 27, 2017

“Customers rarely make buying decisions around what the “average” customer in their category may do—but they often buy things because they find themselves with a problem they would like to solve.”

…from the Christensen Institute.

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Savvy Saturday March 25, 2017

If you always do what you‘ve always done, you will always get what you‘ve always got.

(Quote attributed to H Ford, Einstein etc.)

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Savvy Saturday February 25, 2017

“people who create, craft and love their art tend to focus on these seemingly bad ideas nurturing them into something brilliant. The innovators or the troublemakers who question the status quo may end up making something so remarkable that it creates a movement, a tribe, a following …and major business.”

 

From Esther Clark’s article “Seemingly Bad Ideas” published April 2016.

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Failure…yet again

Earlier this year I opened an article with an interpretation of a line from Arthur Ransome’s book Swallows and Amazons: “Better dead than duffers.” I have studied the cult of failure as part of my consulting practice and to help my clients understand how and if “fail fast, fail often” makes for a higher overall result.

I have spent the last week on vacation and continue to see this topic pop up in business articles, TED talks, presentation and discussions within my social networks. If you have the opportunity, pick up the December issue of Harvard Business Review where research around the “80% of companies that existed before 1980 are no longer around” idea is well diagnosed and ties into the discussion of creative destruction and “fail fast fail often”.

The purpose of this post today is a short reminder that mistakes are the “necessary evil” (as PIXAR’s Ed Catmull says) of companies who innovate, transform and disrupt. The evil or pain from the failure becomes less when value is extracted from the experience. Think about it.

Do you remember having skinned knees as a child while trying to ride your bike or learn to rollerskate? Did the pain lessen when you first took the freeing ride on your own?

Failure in business is exactly like that. If you extract maximum value from failure than although you might not have “failed fast” or don’t want to “fail often” you will have maximized the overall result of the project or the innovation bringing benefits to your organization.

All the best in 2017! May this coming year be filled with health, wealth and happiness.

-EMC

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Visual Business Inspiration

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“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.” – Steve Jobs

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An end is a new beginning

“What feels like the end is often the beginning” or “one door closes, another door opens” are useful phrases to think about when a project meets its natural, or unnatural, conclusion.

With international projects, these phrases are particularly relevant. Often times we are met by closed doors on the path to success. It does not mean that the project is done but that it might need to be re-envisioned or changes in someway.

Life is dynamic. Business is always changing. So should our projects. A closed door or “end” is just an invitation to a new beginning.

-EMC

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