Monthly Archives: November 2011

What is Your External Talent Strategy?

What is Your External Talent Strategy?I am currently doing research for a white paper and a webinar on harnessing the global talent pool to accelerate innovation, and I need your help to add to the case studies I’ve already gathered. Here is the premise:

As more industries become commoditized and innovation becomes more of a focus, organizations are being forced to move beyond a talent ownership mindset to a talent attraction and engagement mindset.

There are many reasons for this. In the United States this includes a growing percentage of researchers approaching retirement age and post 9/11 immigration policies that make it increasingly difficult for foreigners to come to this country to study and work. The intersection of an aging scientific workforce, tighter immigration policies, and a growing need for innovation to reinvigorate the economy is causing more organizations to make plans to engage talent outside their four walls. But this is not just an American problem…

Forward-thinking organizations are now seeking to harness the growing numbers of retired scientists, unemployed experts, and underemployed talent around the world to generate ideas, solve problems, and further the goals of the business.

This begs the question:

What is your organization’s external talent strategy?

Or, how does your organization plan to leverage the brains outside your four walls to achieve its goals?

Please leave a comment or contact me to share your story.

I’ll be sharing the results of my research and my thinking in a FREE webinar on December 13, 2011 and then later in a white paper in the new year.

Build a Common Language of Innovation

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4 Days to Innovate

4 Days to InnovateThe clock is ticking on the congressional “supercommittee” – a panel comprised of six Republicans and six Democrats charged with issuing a plan to balance the nation’s budget. The bipartisan gathering has only four days until their deadline to submit such a plan. But how well can they, or anyone, innovate while the clock is ticking?

Continue reading the rest of this article on The Washington Post

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Innovation Curiosity

Innovation Curiosity

I had the opportunity to meet several amazing explorers of land, sea, and space at the announcement of Shell’s sponsorship of the XPrize Foundation’s exploration prize group recently. The explorers they had present at the event included:

  • Richard Garriott, Vice Chair, Space Adventures, Ltd., legendary video game developer and entrepreneur; among first private citizen astronauts to board International Space Station, America’s first second-generation astronaut; and X PRIZE Foundation trustee
  • David Gallo, Woods Hole Oceanographic Institute, renowned undersea explorer, among first oceanographers combining manned submersibles and robots to map ocean world; co-leader of recent Titanic exploration; project leader, successful search for missing Air France Flight 447
  • Mark Synnott, global mountain climber who has climbed some of the biggest rock faces and ice walls on the planet, ventured into among the least-visited locales on earth, photographed the globe’s most spectacular sites; and is a senior contributing editor of Climbing magazine.
  • Chris Welsh is a co-founder of Virgin Oceanic and is an accomplished entrepreneur, sailor and aviator who recently finished 25,000 miles of intense competitive sailing. Chris has made five LA-Hawaii crossings and one LA-Tahiti-Tonga-Auckland-Tasmania crossing.

Encouraging Curiosity

XPrize Mark SynnottI had the opportunity to hear Mark Synnott speak of how despite the enormous risk he undertakes in his climbing explorations, that the thing that scares him most is the possibility of slipping on easy ground. When he is attempting a difficult portion of a climb, he is always thinking about what his exposure to risk is, but on easy portion it is easy to forget to take proper precautions. Yet, when it comes to his kids Mark thinks he is probably one of the world’s most over-protective parents, but at the same time he wants to inspire his kids to be curious about the world.

Gerald Schotman of Shell hopes that the challenges they pursue with the XPRIZE Foundation will stimulate curiosity in children and adults around the world, and that it will help to encourage people (even their own employees) to embrace their explorer mindset.

My conversation with Mark and Gerald led me to think to myself:

I wonder what the role of curiosity is in innovation?

While I was pondering this question, my conversations continued and I probed further to examine the link between curiosity and innovation.

The Role of Curiosity in Innovation

Peter Diamandis of the XPRIZE Foundation talked about how for him the link between curiosity and innovation is the following:

“What should be possible that doesn’t yet exist?”

This is a great question to inspire curiosity and stimulate thinking that could lead to innovation.

Different Approaches to Innovation

XPrize Peter DiamandisPeter Diamandis talked about how we need to ask where a breakthrough should be possible and focus on structuring an innovation challenge to help harness people’s curiosity to push past current obstacles in thinking or execution. Peter has learned first-hand that small teams are amazingly powerful, and talked about how big organizations focus on reducing risk by throwing lots of money and resources at a challenge. On the flip side though, when you put a box around a challenge with a small budget and a small team, then that small team of people will know the traditional approach will fail – and try a different approach.

One of the things that the XPRIZE Foundation does with their challenge prizes is to force people to build and demonstrate something. Ideas are easy and people’s perspectives on what’s possible changes when they have to build and demonstrate their solution.

Challenges uncovered during exploration and execution often prove more challenging to solve than anticipated. Chris Welsh of Virgin Oceanic talked about how both he and James Cameron thought they were working on 18 month projects that for both have turned into 4 to 5 year journeys. For those of you not familiar with Virgin Oceanic’s mission, they are hoping to send one person to the deepest point in each of the world’s five oceans.

Bringing Curiousity Out of Its Shell

When I spoke to Gerald Schotman of Shell about curiosity he spoke about trying to recruit curious people into Shell, leading by example, and attempting to trigger curiosity by setting scary targets:

“If your dreams don’t scare you, you’re not being ambitious enough”

Exploration of the Exploitation

XPrize Polar BearWeIn speaking with David Gallo about exploration of the seas, he spoke about how when we oversell a danger like climate change in the media, it is damaging – there is no plastic island the size of Texas in the middle of the ocean. But there is a chemistry change in the ocean, a soup, a film leads to us eating our own garbage as plastic, flame retardants, and other runoff embed themselves in the tissue of the fish we eat. We have changed the temperature and the chemistry of the oceans, and anyone who has an aquarium knows that’s a bad idea.

Xprize Polar BearWe must reduce the runoff into the oceans and stop over-fishing if they are going to be able to help sustain us for the long-term. In the meantime, we must explore more of the oceans that cover 70% of the earth. To date, we have only mapped 5% of the ocean floor, meaning there are huge areas of the ocean that we’ve never been to.

Chris Welsh talked about how at the bottom of the ocean it might be possible to find a liquid CO2 reservoir deep down, and that at its edges we might be able to observe chemosynthesis taking place instead of photosynthesis. There were people talking about underwater rivers, waterfalls, and lakes – all of it a bit challenging for me to understand – but exciting to see where continued exploration of our undersea world might lead.

Expected and Unexpected Outcomes from Exploration

One of the outcomes that we would expect from exploration is the commercialization of some of what we find. In Richard Garriott’s case he has a business selling novel proteins from the ocean floor and crystallized proteins from space.

At the same time, Chris Welsh talked about the recovery of rock life from 30 meters within the rock at the bottom of the ocean and how this microbial was 140 million years old and had been consuming the sulphur out of the rock. Then Russ Conser of Shell added that most oil comes not from plants and dinosaurs but from microbial life.

Meanwhile, one of Mark Synnott’s stories was from a National Geographic climb of a cliff in the Amazon rainforest where they discovered nine new species living on the cliff face – including a giant green earthworm. I’m not sure anyone expected that. And that is the thing about exploration. If you don’t explore, you don’t know what you’ll miss finding or what further discoveries a single exploration might lead to because of the curiosity it stimulates.

Final Thoughts on Curiosity

After spending the day amazed at some of the things these people are exploring and discovering, I think I crystallized my thoughts on the link between curiosity and innovation that I wondered about at the beginning of this article, and here it is:

Curiosity drives invention, invention empowers innovation, and innovation delivers increased value to our lives.

So, if we want to increase the volume of innovation in our organizations and societies, we need to inspire and foster curiosity in our employees, citizens, and children. But more than that, we need to encourage people to explore in the areas they are curious about. From that exploration, discoveries will take place that could change the world.

This leaves us with three final questions:

  1. What are you curious about?
  2. What are they curious about?
  3. What can you provide that would help them pursue their curiosity?

Xprize Group Photo

Image credits: Braden Kelley, XPrize

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