Monthly Archives: June 2012

The Language of Innovation

The Language of InnovationWhen I’m out on the road speaking to audiences about innovation, it is reinforced again and again that innovation has become a buzzword, and much in the same way that people struggle to define love – there is no commonly accepted definition for innovation. Try asking someone:

“What is love?”

And then see if their definition matches your own. Chances are it will be completely different. Then ask them:

“What is innovation?”

Try this with a group of people and then the fun really begins.

In many cultures people talk about a language of love, mostly because the subject baffles most of us and we are always failing to truly communicate our love to the special people in our lives. And, if you think about it, often the most successful love language is non-verbal. I’m afraid this won’t work for innovation.

Continue reading this article on the American Express OPEN Forum

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Innovation Quotes of the Day – June 8, 2012


“The cure for Apple is not cost-cutting. The cure for Apple is to innovate its way out of its current predicament.”

– Steve Jobs


“The biggest danger to the cause of advancing innovation when it comes to the engineering and marketing departments is that the relationship develops into one without constructive conflict and without healthy collaboration. For innovation to be repeatable in an organization these two sides must share openly, have their perspectives valued, and contribute to a conversation.”

– Braden Kelley


“Some would argue that this winnowing process is more important than the romantic phase of innovation, but I would counter that the benefits of an intense focus on developing an idea can render the innovation strong enough to be able to withstand the inevitable future assaults from the corporate bureaucracy or the marketplace. The time will come for defensive and offensive preparations, but focusing on those aspects too soon can limit the development of an idea.”

– Scott Bowden


“We sit at the nexus of amazing new education technology capabilities, the globalization of work, and an incredible transformation in the needs of employers. The path forward is not the same as the road behind, but our education system is proceeding as if it were.”

– Braden Kelley


What are some of your favorite innovation quotes?

Add one or more to the comments, listing the quote and who said it, and I’ll share the best of the submissions as future innovation quotes of the day!

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For Sale – Innovative Business Idea

For Sale - Innovative Business IdeaA few years ago I looked around the corporate and consulting landscapes and I noticed that there was a talent gap in both places. There are many occasions when consulting firms look to their bench and don’t have the talent they need there to fulfill a client need right away and so sometimes they lose business to their competition. And on the corporate side, there are many occasions when a manager or director has more work than they can possibly do themselves and what they really need is not a consultant but a smart, flexible resource that can parachute in and get up to speed helping them very fast. Having been called in to fill both of these kinds of gaps from time to time alerted me to the existence of these two market needs, and so I started to create extendedbench.com.

There is definitely a need for an ‘extended bench’ or a ‘talent stable’. Unfortunately I don’t have time to build out this business and in an effort to simplify my life, I thought I would put the web site and the associated domains and collateral, pitch decks, etc. that I’ve started up for sale to someone who has a passion for realizing the idea – probably someone from a staffing or recruiting background.

The following domains are included in the sale:

  • extendedbench.com
  • talentstable.com

Have a look at the web site, decide what these assets are worth to you to accelerate your entrepreneurial pursuit, and make an offer (no offer too low).

And if you think the idea is terrible, sound off in the comments about why.

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Premature Innovation

Premature InnovationPrevailing business culture these days is obsessed with speed. People are obsessed with fast prototyping, failing fast, and getting to market fast. But too often people don’t stop to think whether their innovation efforts are going too fast. It’s almost as if the word premature is fast becoming as taboo in the boardroom as it is in the bedroom.

So what is premature innovation?

Well, premature innovation is what happens when you create a cool idea or a fabulous piece of technology, but then commercialize it before you can actually turn it into a complete solution that unlocks enough customer value that potential customers are willing to abandon their existing solutions (including the dreaded ‘do nothing’ solution).

What are some premature innovation examples?

Example One:

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Innovation Quotes of the Day – June 7, 2012


“It’s not that it isn’t happening; we see innovation all around us. But it strikes me that actual innovations are not as widely or evenly distributed as innovation initiatives are. It’s not that companies don’t want to innovate. It’s that they don’t have the stomach for it. As with everything in business, execution is everything. And execution is bloody hard.”

– Steve McKee


“Disruptive innovations often require employees do things in a new way, and that can be uncomfortable, even if it is only your employees imagining what you are going to ask them to help your customers imagine.”

– Braden Kelley


“Challenge your team to assess the strength and clarity of ideas in the early stage pipeline and discard projects that don’t resonate with the consumer, rather than carrying them along in the name of “we need to show more ideas in the pipeline”. Advancing projects with weak consumer propositions increases your costs and takes the focus off of the projects that can make a difference to the outcome of the business.”

– Donna Sturgess


What are some of your favorite innovation quotes?

Add one or more to the comments, listing the quote and who said it, and I’ll share the best of the submissions as future innovation quotes of the day!

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Innovation is No Accident

Innovation is No AccidentPeople love the idea of ‘accidental innovation’. The term ‘accidental innovation’ is often used to describe the invention of things like penicillin, microwave ovens, Nutrasweet and vulcanized rubber. The stories behind these accidental innovations are intoxicating because they make it seem like innovation can come from anywhere – in an instant. But often people don’t tell the whole story behind these accidental innovations. As a result, people get the impression that innovation is easy, they confuse ideas with innovation, and as a result, a project-based approach to innovation is reinforced.

When it comes to innovation, good ideas are a dime a dozen. If you ask people for ideas or run a brainstorming session, you will get ideas, lots of ideas, but that doesn’t mean you’ll create any new innovation in your organization. Creating innovation is not about just getting a bunch of ideas, picking one, and then creating a project and throwing human and financial resources behind it. Sure it seems quick and easy, and maybe a fire drill approach to innovation might work once in a while (maybe when your growth crisis is particularly severe), but this approach is not sustainable.

Continue reading this article on the American Express OPEN Forum

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Stop Praying for Education Reform

Stop Praying for Education ReformWhen it comes to education, we should adopt Nike’s famous motto and ‘Just Do It’.

In the United States (and probably many other countries around the world), it has become a popular pastime to complain about the state of the public schools. People complain about school funding, teacher performance, curriculum, class sizes, and more things than I care to remember right now.

And while the Gates Foundation and many other great organizations are trying to come up with new ways to make education delivery and administration better, the fact remains that education funding is likely to get worse (not better) and any reform is likely to take a long time to implement in the face of stiff resistance.

So what are parents to do?

Well, in my interview with Seth Godin at the World Innovation Forum (2010), he suggested that parents are going to have to take increasing responsibility for educating their own children at home AFTER they get home from school. The interview is one of many innovation interviews I’ve done, and is below for your reference:

But, I’ve been thinking lately that while parents may be interested in supplementing the education their children receive at school in order to help them succeed in the innovation economy (a topic for another day), they may NOT possess the knowledge, skills, abilities (or maybe even the desire) to succeed at this admirable task.

I have another idea.

It is time for us as parents and community members to stop praying for education reform, and instead take action. I’ve given you the WHY, now let’s look at the WHO, WHAT, and WHERE.

The WHO

You! Many people have knowledge and skills that they can share with kids. Skills and knowledge that will help prepare the next generation for the realities of a workplace that demands more flexible thinking, creativity, problem solving, and entrepreneurial skills.

The WHAT

Let’s face facts. Today’s schools are designed to mass-produce trivia experts and basic competency in reading, writing, and arithmetic (and maybe some history, science, and other important subjects).

But, to succeed in the innovation economy, the next generation is going to need to be proficient in at least these ten things:

  1. Creativity
  2. Lateral Thinking
  3. Problem Solving
  4. Innovation (of course!)
  5. Interpersonal Skills
  6. Collaboration
  7. Negotiation
  8. Partnerships
  9. Entrepreneurship
  10. And much, much more…

The WHERE

Our workplaces and our schools may be the most common places for citizens in our societies to congregate, but there is another place where we could come together to supplement our childrens’ educations…

Congregations: (a definition)
1. The act of assembling.
2. A body of assembled people or things; a gathering.

Now, the word is often used in a religious context, but not all people are religious (or even belong to a religious congregation). But, we have buildings all over the world that are designed for people to come together to study or pray together – or that belong to the government and can be used by the general public. We can use these buildings as gathering places to educate our children for the innovation economy.

Conclusion

We need to come together as societies and communities and fill the gaps in our educational systems that are unlikely to go away any time soon. We need to stop waiting for others to fix the problems and instead do what we can as individuals by coming together to solve this key challenge for continued prosperity. We must do this now.

Who’s with me?

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Innovation Quotes of the Day – June 6, 2012


“It isn’t the incompetent who destroy an organization. The incompetent never get in a position to destroy it. It is those who achieved something and want to rest upon their achievements who are forever clogging things up.”

– F.M. Young


“Any disruptive innovation requires a company to imagine for the customer something they can then imagine for themselves. Go too far past your customers’ ability to imagine how the new product or service solves a real problem in their lives, and your adoption will languish.”

– Braden Kelley


“History can’t give attention to what’s been lost, hidden, or deliberately buried; it is mostly a telling of success, not the partial failures that enabled success.”

– Scott Berkun


What are some of your favorite innovation quotes?

Add one or more to the comments, listing the quote and who said it, and I’ll share the best of the submissions as future innovation quotes of the day!

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Become a Certified Nine Innovation Roles Workshop Facilitator

In support of my crowdfunding project over on IndieGoGo I am offering an incredible deal to the first TEN (10) individuals to grab this perk:

Grab the Nine Innovation Roles Workshop Facilitator Certification Perk

In exchange for each $500 investment, the first TEN (10) people anywhere in the world will get:

  1. One of only TEN (10) spots in an online seminar where I will personally train you on how to facilitate a Nine Innovation Roles workshop or public seminar
  2. A share of any Nine Innovation Roles Workshop leads that I can’t fulfill myself
  3. A Nine Innovation Roles Seminar Pack – which includes TEN (10) Nine Innovation Roles Group Diagnostic Tools to use with your first set of workshop participants (a $199.99 value)

This is a great opportunity to add the Nine Innovation Roles Group Diagnostic Workshop to your roster of innovation services that you offer to clients. You should be able to charge between $2,000-$5,000 + expenses for each of the sessions you facilitate depending on the length and amount of custom content, so you should recoup your $500 investment after running your first workshop or public seminar.

You can click to read more about The Nine Innovation Roles.

Grab the Certified Nine Innovation Roles Workshop Facilitator Perk

The Nine Innovation Roles diagnostic workshop will create a fun, interactive experience for innovation teams or organizations to use to help people better understand what roles they fill on innovation projects, why the team’s or organization’s innovation efforts are failing, and how they can together improve the innovation performance of their teams or organization.

Design for Nine Innovation Roles Group Diagnostic Tool

So, grab this Amazing Innovation Keynote and Nine Innovation Roles Workshop Deal and help your innovation teams be more successful in the future. Don’t wait. Be one of only TEN (10) people worldwide to get this perk, or pre-order the seminar kit and run run workshops or seminars on your own.

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How to Put Innovation at the Core of your Business Model

How to Put Innovation at the Core of your Business Model

We hear a lot about innovation today, but why is it so essential to sustainable business success?

Innovation is the oxygen of business. Fail to invest in innovation and eventually you will suffocate and be crowded out by a competitor or by an entrepreneur who identifies how to deliver a solution that creates more value than yours (and those of your competitors). Focus too much attention on efficiency at the expense of innovation and eventually you’ll end up getting really good at making stuff people no longer want.

To continuously innovate, companies must learn to manage a few key tensions that exist in every organization.

We hear a lot about innovation today, but why is it so essential to sustainable business success?

Innovation is the oxygen of business. Fail to invest in innovation and eventually you will suffocate and be crowded out by a competitor or by an entrepreneur who identifies how to deliver a solution that creates more value than yours (and those of your competitors). Focus too much attention on efficiency at the expense of innovation and eventually you’ll end up getting really good at making stuff people no longer want.

To continuously innovate, companies must learn to manage a few key tensions that exist in every organization.

First, there is the tension between the executive mindset and the entrepreneurial mindset.

The executive mindset is focused on avoiding failure and making the trains run on time. The entrepreneurial mindset is focused on pursuing new solutions and willing to risk everything to pursue their success. Resist the entrepreneurial mindset too much and you will turn potentially valuable intrapreneurs and their ideas into entrepreneurs and potential competitors. Pay the executive mindset too little attention and risk unprofitability.

Second: the tension between exploration and exploitation.

Invest too little in exploring for new potential markets and you will starve the firm of future growth. Invest too little in exploiting the potential of current solutions and rob the firm of revenue and income needed to fund future growth. Companies must strike a balance.

Building a strong innovation foundation requires that you conduct an innovation audit to understand where you are. Then, build a common language of innovation built around:

  1. A shared definition of innovation
  2. An innovation vision
  3. An innovation strategy

Innovation goals

Together these will focus your innovation efforts and explain why and what kinds of innovation you are looking for (and not looking for) and how you plan to measure progress and success. Innovation can’t drive results without a clear plan and direction. Unfortunately too few companies take the time to do these things in a cross-functional, participatory way.

But innovation is not free. After building a solid innovation foundation, successful innovators set aside money to fund an innovation portfolio of projects of different risk profiles and time horizons, create the human resource flexibility necessary to staff innovation projects and learn how to instrument and execute innovation project experiments for fast learning.

At the same time the company must do a good job helping customers access that value through effective design, processes, retailing, and service. Meanwhile, powerful value translation must be created to help customers understand how a potential innovation will fit into their lives. Many companies spend large sums of money to create value, without thinking through whether they can do a good job at the value access or value translation for a potential innovation.

As an increasing number of industries become commoditized, innovation is already an important way to not only distinguish your company from the competition, but increasingly it is becoming a necessary investment just to maintain existing market position.

Most companies approach innovation ad hoc — only when their platform is burning. But it is possible to build an innovation system to power continuous innovation. An increasing number of companies are making investments in their innovation systems both here and abroad. Can you afford to be one of the companies that don’t?

This article originally appeared on The Atlantic

Build a Common Language of Innovation

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