
GUEST POST from Mike Shipulski
Technical risk – Will it work?
Market risk – Will they buy it?
Emotional risk – Will people laugh at your crazy idea?
Technical risk – Test it in the lab.
Market risk – Test it with the customer.
Emotional risk – Try it with a friend.
Technical risk – Define the right test.
Market risk – Define the right customer.
Emotional risk – Define the right friend.
Technical risk – Define the minimum acceptable performance criteria.
Market risk – Define the minimum acceptable response from the customer.
Emotional risk – Define the minimum acceptable criticism from your friend.
Technical risk – Can you manufacture it?
Market risk – Can you sell it?
Emotional risk – Can you act on your crazy idea?
Technical risk – How sure are you that you can manufacture it?
Market risk – How sure are you that you can sell it?
Emotional risk – How sure are you that you can act on your crazy idea?
Technical risk – When the VP says it can’t be manufactured, what do you do?
Market risk – When the VP says it can’t be sold, what do you do?
Emotional risk – When the VP says your idea is too crazy, what do you do?
Technical risk – When you knew the technical risk was too high, what did you do?
Market risk – When you knew the market risk was too high, what did you do?
Emotional risk – When you knew someone’s emotional risk was going to be too high, what did you do?
Technical risk – Can you teach others to reduce technical risk? How about increasing it?
Market risk – Can you teach others to reduce market risk? How about increasing it?
Emotional risk – Can you teach others to reduce emotional risk? How about increasing it?
Technical risk – What does it look like when technical risk is too low? And the consequences?
Market risk – What does it look like when market risk is too low? And the consequences?
Emotional risk – What does it look like when emotional risk is too low? And the consequences?
We are most aware of technical risk and spend most of our time trying to reduce it. We have the mindset and toolset to reduce it. We know how to do it. But we were not taught to recognize when technical risk is too low. And if we do recognize it’s too low, we don’t know how to articulate the negative consequences. With all this said, market risk is far more dangerous.
We’re unfamiliar with the toolset and mindset to reduce market risk. Where we can change the design, run the test, and reduce technical risk, market risk is not like that. It’s difficult to understand what drives the customers’ buying decision and it’s difficult to directly (and quickly) change their buying decision. In short, it’s difficult to know what to change so they make a different buying decision. And if they don’t buy, you don’t sell. And that’s a big problem. With that said, emotional risk is far more debilitating.
When a culture creates high emotional risk, people keep their best ideas to themselves. They don’t want to be laughed at or ridiculed, so their best ideas don’t see the light of day. The result is a collection of wonderful ideas known only to the underground Trust Network. A culture that creates high emotional risk has insufficient technical and market risk because everyone is afraid of the consequences of doing something new and different. The result – the company with high emotional risk follows the same old script and does what it did last time. And this works well, right up until it doesn’t.
Here’s a three-pronged approach that may help.
- Continue to reduce technical risk.
- Learn to reduce market risk early in a project.
- And behave in a way that reduces emotional risk so you’ll have the opportunity to reduce technical and market risk.
Image credit: Unsplash
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After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling during the judging round, I am proud to announce your Top 40 Innovation Bloggers of 2023:

Greg Satell is a popular speaker and consultant. His first book,
Mike Shipulski brings together people, culture, and tools to change engineering behavior. He writes daily on Twitter as 

A twenty-five year Procter & Gamble veteran, Pete has spent the last 8+ years applying insights from psychology and behavioral science to innovation, product design, and brand communication. He spent 17 years as a serial innovator, creating novel products, perfume delivery systems, cleaning technologies, devices and many other consumer-centric innovations, resulting in well over 100 granted or published patents. Find him at pete.mindmatters@gmail.com






Soren Kaplan is the bestselling and award-winning author of Leapfrogging and The Invisible Advantage, an affiliated professor at USC’s Center for Effective Organizations, a former corporate executive, and a co-founder of 
Diana heads marketing at 
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Arlen Meyers, MD, MBA is an emeritus professor at the University of Colorado School of Medicine, an instructor at the University of Colorado-Denver Business School and cofounding President and CEO of the Society of Physician Entrepreneurs at 
Leo is the founder of
Rachel Audige is an Innovation Architect who helps organisations embed inventive thinking as well as a certified Systematic Inventive Thinking Facilitator, based in Melbourne.
Art Inteligencia is the lead futurist at Inteligencia Ltd. He is passionate about content creation and thinks about it as more science than art. Art travels the world at the speed of light, over mountains and under oceans. His favorite numbers are one and zero.
Phil McKinney is the Author of “Beyond The Obvious”, Host of the Killer Innovations Podcast and Syndicated Radio Show, a Keynote Speaker, President & CEO CableLabs and an Innovation Mentor and Coach.
Dr. Ralph-Christian Ohr has extensive experience in product/innovation management for international technology-based companies. His particular interest is targeted at the intersection of organizational and human innovation capabilities. You can follow him on Twitter 
Dr. Dean Anderson and Dr. Linda Ackerman Anderson lead 
Scott Anthony is a strategic advisor, writer and speaker on topics of growth and innovation. He has been based in Singapore since 2010, and currently serves at the Managing Director of Innosight’s Asia-Pacific operations.
Paul Hobcraft runs 
Chateau G Pato is a senior futurist at Inteligencia Ltd. She is passionate about content creation and thinks about it as more science than art. Chateau travels the world at the speed of light, over mountains and under oceans. Her favorite numbers are one and zero.
Jesse Nieminen is the Co-founder and Chairman at
As an experience architect, Alain helps leaders craft customer, employee and shareholder experiences for profit, reinvention and transformation. He does this through his personal consultancy Alain Thys & Co as well as the transformative venture studio 





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