Tag Archives: collaboration

Three HOW MIGHT WE Alternatives That Actually Spark Creative Ideas

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Three How Might We Alternatives That Actually Spark Creative Ideas

GUEST POST from Robyn Bolton

Q: How might we brainstorm new ideas to serve our customers better?

A: Have a brainstorming session that starts with “How Might We help customers [Job to be Done/problem]?”

If only it were that simple.

How Might We (HMW) is an incredible tool (not BS, as some would assert), but we misuse it. We focus too much on the “we” and not enough on the “might.”

Might > We

HMW was first used to prompt people to be “wildly creative while simultaneously leveraging [company’s] innate strengths.”

IDEO popularized the prompt as a way to solve “wicked problems” – problems so complex that there is no right or wrong answer.

In both of these cases, the assumption was that the word “might” would free people from the shackles of today’s thinking and constraints and give people permission to dream without fear of judgment and reality.

“We” kept ideas tethered to the reality of the company’s “innate strengths,” providing a modicum of comfort to executives worried that the session wouldn’t result in anything useful and would, therefore, be a waste of time.

We > Might

Alas, as time went on and HMW became more popular, we lost sight of its intent (prompt wildly creative thinking about wicked problems) and twisted it to our purposes.

  • We end the HMW sentence with our problems (e.g., HMW cut costs by getting more customers to use self-service tools?).
  • We use it to brainstorm solutions to things that aren’t even problems (e.g., HMW eliminate all customer service options that aren’t self-serve?)
  • We mentally replace “might” with “will” so we can emerge from brainstorming sessions with a tactical implementation plan.

How Might Can YOU Fix HMW?

If you’re not getting creative, radical, or unexpected ideas from your brainstorming sessions, you have an HMW problem.< As a result, continuing to use HMW as a tool to prompt creative, radical, or unexpected ideas is the definition of insanity. And you are not insane. Instead, mix it up. Use different words to articulate the original intent of HMW.

How would we solve this problem if the answer to every request is YES?

Innovation thrives within constraints. Brainstorming doesn’t.

Even when you tell people not to constrain themselves, even implore them to value “quantity over quality,” you still get more “safe” ideas rather than more “crazy” ideas.

Do more than tell. Make a world without constraints real. Explicitly remove all the constraints people throw at ideas by creating a world of infinite money, people, capabilities, willingness, appetite for risk, and executive support. Doing this removes the dreaded “but” because there is no “but we don’t have the money/people/capabilities” or “but management will never go for it” and creates space for “and.”

What would we ask for if we were guaranteed a YES to only ONE request?

This question is often asked at the end of a brainstorm to prioritize ideas. But it’s equally helpful to ask it at the beginning.

This question shifts our mindset from “the bosses will never say yes, so I won’t even mention it” to “the bosses will say yes to only one thing, so it better be great!”  It pulls people off the sidelines and reveals what people believe to be the most critical element of a solution.   It drives passionate engagement amongst the whole team and acts as a springboard to the next brainstorm – How Might We use (what they said yes to) to solve (customers’ Jobs to be Done/problem)?

How would we solve the problem if the answer to every request is NO?

This one is a bit risky.

Some people will throw their hands in the air, declare the exercise a waste of time and effort, and collapse into a demotivated blob of resignation.

Some people will feel free. As Seth Godin wrote about a journal that promises to reject every single person who submits an article, “The absurdity of it is the point. Submitting to them feels effortless and without a lot of drama, because you know you’re going to get rejected. So instead of becoming attached to the outcome, you can simply focus on the work.”

For others, this will summon their inner rebel, the part of themselves that wants to stick it to the man, prove the doubters wrong, and unleash a great “I told you so” upon the world. To them, “No” is the start of the conversation, not the end. It fires them up to do their best work.

Don’t invite the first group of people to the brainstorm.

Definitely invite the other two groups.

How Might Will/Do YOU Fix HMW?

If you want something different, you need to do something different.

Start your next brainstorm with a new variation on the old HMW prompt.

How do people react? Does it lead to more creative or more “safe” ideas?

How might we adjust to do even better next time?

Image credit: Pexels

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Reset and Reconnect to Transform your World

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Reset and Reconnect to Transform your World

GUEST POST from Janet Sernack

Our blog, Reset and Reconnect in a Chaotic World was the first in a series of three, on the theme of reconnecting and resetting, to create, invent and innovate in an increasingly chaotic world. In this blog, we described how we have opportunities, to focus on being kinder to both ourselves and to others we interact with. To help us shift our mental states to transition effectively through the shock and pain of the pandemic, and rehabilitate in ways that transform our worlds.

We also outlined the range of key reasons as to why it is critical to take personal responsibility for understanding, helping, and supporting those we depend upon, and who depend upon us, to respond in ways that are respectful and compassionate, creative and courageous.

That enables and empowers people to recover and rehabilitate from the shock and pain they are experiencing from their elevated levels of stress, discomfort, and anxiety, occurring in our relentlessly uncertain and chaotic environments, through allowing, accepting, and acknowledging where people are at – and that it’s OK to not be OK!

Neither a time to panic nor languish

Right now, it is neither a time to panic, stall nor to languish in the face of change fatigue and mental lethargy.

It is a time to shift from making binary (either/or) judgements towards making linear (both/and) judgements to re-think and create a mental state, that is open and receptive to emerging possibilities and embraces change in ways that are fair and inclusive.

To transform your world through:

  • Choosing a range of constructive and positive responses to the rising levels of global economic, civic, and social uncertainty and unrest in our own local environments.
  • Generously and kindly demonstrating care, respect, and appreciation for the value everyone brings, and by being collaborative, appreciative, helpful, and supportive.
  • Being unconditionally willing to take the “sacred pause” that allows ourselves, teams, organizations, and to reconnect and reset, through intentionally using constraints and developing a mental state that supports them to become adaptive, creative, inventive, and innovative.

Transforming your world involves co-creating a deeper sense of belonging and a more optimistic outlook, to enhance our collective intelligence toward discovering and navigating new ways of thriving, flourishing, and flowing in the face of ongoing disruption.

Integrating and balancing chaos and rigidity

Dr. Dan Siegal, in Mindsight, applies the emerging principles of interpersonal neurobiology to promote compassion, kindness, resilience, and well-being in our personal lives, our relationships, and our communities.

In our global coaching practice at ImagineNation™ we have observed that many of our clients are experiencing mental states that embody varying levels of discord, dissonance, and dis-order, which are deeply unconscious and are impacting them neurologically.

Dr. Dan Siegal states:

“At the heart of both interpersonal neurobiology and the mindsight approach is the concept of ‘integration’ which entails the linkage of different aspects of a system – whether they exist within a single person or a collection of individuals. Integration is seen as the essential mechanism of health as it promotes a flexible and adaptive way of being that is filled with vitality and creativity.

The ultimate outcome of integration is harmony. The absence of integration leads to chaos and rigidity—a finding that enables us to re-envision our understanding of mental disorders and how we can work together in the fields of mental health, education, and other disciplines, to create a healthier, more integrated world.”

We have seen a vast range of evidence of peoples’ internal and external, mental chaos, and self-imposed internal rigidity in many of our clients’ coaching sessions.

Knowing that when chaos and rigidity are prolonged – it creates unproductive or dysfunctional mental states and inflexible thought processing.

This makes people non-adaptive and mostly inflexible because their natural well-being is impaired (dis-order).

Our approach is to partner with clients to co-create a relationship, that supports and helps facilitate a set of more integrated mental states. This entails each person’s being respected for his or her autonomy and differentiated self through deep empathic communication, which creates the space and an opening for shifting mindsets and behaviors, to ultimately pull them towards a new possibility that may transform their world.

Allowing, accepting, and acknowledging

When we allow, accept, acknowledge and support people to recover and rehabilitate from the shock and pain they are experiencing as a result of recent global events and conflicts, including feelings of overwhelm, isolation, loneliness, and disconnection, we can enable them to initiate making these shifts.

According to Gallops Global Emotions 2022 Report – these are considered “negative emotions – the aggregate of the stress, sadness, anger, worry and physical pain that people feel every day” and have reached a new record in the history of their tracking.

Jon Clifton, CEO of Gallop stated in the report that their data reveals that unhappiness has been rising for more than a decade and that the world is also struggling from a silent pandemic – loneliness.

“Gallup finds that 330 million adults go at least two weeks without talking to a single friend or family member. And just because some people have friends, it doesn’t mean they have good friends. One‑fifth of all adults do not have a single person they can count on for help.”

No emotion or mental state is permanent!

It’s time to focus on exploring how to better help ourselves, our clients, people, and teams by paying deep attention and being intentional as to how we might experiment and collaborate, with three key steps, to make these shifts:

  1. Co-create relationships focused on supporting integration, by being respectful and empathic in all communications, to open space of possibility, and pull people towards what creative ideas and breakthroughs might transform their world.
  2. Artfully and masterfully generatively listen, inquire, question, and disagree, to evoke, provoke and create ideas for thinking and acting differently both today and in the future.
  3. Maximize people’s strengths, differences, and diversity, to sense, see and solve problems and be creative and inventive in delivering breakthrough ideas and innovative solutions that add value to the quality of people’s lives, in ways they appreciate and cherish.

Rehabilitate with intention

At the same time, paradoxically, extending options and choices that help them shift and transition through the shock and pain of the past two and half years.

Enabling and empowering people to rehabilitate, with intention rather than regret, adopting a systemic lens through:

  • Creating safe collective holding spaces, that embrace presence, empathy, and compassion.
  • Helping people get grounded, become mindful, and fully present, enables them to make quality connections, rebuild their confidence and recreate a sense of belonging.
  • Enabling, equipping, and empowering people with new mindsets, behaviors, and skills through unlearning, learning, and relearning so they can adapt, grow and be resourceful and resilient in the face of the range of emerging problems, opportunities, and challenges.
  • Amplifying people’s strengths, reinforcing positive emotions, mitigating and reducing the way they filter information to re-ignite their intrinsic motivation and re-engage them in what they can control, what care deeply about value, or need, to survive and thrive.

A decade of both transformation and disruption

As most of us are aware, we are currently experiencing a decade of both transformation and disruption, where chaos and order are constantly polarizing, making it imperative to support, mentor, and coach people to integrate and find their balance.

To help them become more flexible and open to being adaptive, and effectively “dance in dis-equilibrium” between the constant and consistent states of chaos and order.

To enable people to see themselves as the cause in actively unlearning and letting go of old mental models, unresourceful mental states, and thinking patterns, to reimagine and redesign how they work to transform their world and create a more compelling, inclusive, and sustainable future.

Find out more about our work at ImagineNation™

Find out about our collective, learning products and tools, including The Coach for Innovators, Leaders, and Teams Certified Program, presented by Janet Sernack, is a collaborative, intimate, and deeply personalized innovation coaching and learning program, supported by a global group of peers over 9-weeks, starting Tuesday, February 7, 2023.

It is a blended and transformational change and learning program that will give you a deep understanding of the language, principles, and applications of an ecosystem focus, human-centric approach, and emergent structure (Theory U) to innovation, and upskill people and teams and develop their future fitness, within your unique context. Find out more about our products and tools.

This is the second in a series of three blogs on the theme of reconnecting and resetting, to create, invent and innovate in an increasingly chaotic world.

You can also check out the recording of our 45-minute masterclass, to discover new ways of re-connecting through the complexity and chaos of dis-connection to create, invent and innovate in the future!

Image credit: Unsplash

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Making Innovation the Way We Do Business (easy as ABC)

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Making Innovation the Way We Do Business (easy as ABC)

GUEST POST from Robyn Bolton

“We need to be more innovative.”

How many times have you said or heard that? It’s how most innovation efforts start. It’s a statement that reflects leaders’ genuine desire to return to the “good ol’ days” when the company routinely created and launched new products and enjoyed the publicity and growth that followed.

But what does it mean to be more innovative?

Innovation’s ABCs

A is for Architecture

Architecture includes most of the elements people think of when they start the work to become more innovative – strategy, structure, processes, metrics, governance, and incentives.

Each of these elements answers fundamental questions:

  • Strategy: Why is innovation important? How does it contribute to our overall strategy?
  • Structure: Who does the work of innovation?
  • Process: How is the work done?
  • Metrics: How will we know when we’re successful? How will we measure progress?
  • Governance: Who makes decisions? How and when are decisions made?
  • Incentives: Why should people invest their time, money, and political capital? How will they be rewarded?

When it comes to your business, you can answer all these questions. The same is true if you’re serious about innovation. If you can’t answer the questions, you have work to do. If you don’t want to do the work, then you don’t want to be innovative. You want to look innovative*.

B is for Behavior

Innovation isn’t an idea problem. It’s a leadership problem.

Leaders that talk about innovation, delegate it to subordinates and routinely pull resources from innovation to “shore up” current operations don’t want to be innovative. They want to look innovative.

Leaders who roll up their sleeves and work alongside innovation teams, ask questions and listen with open minds, and invest and protect innovation resources want to be innovative.

To be fair, it’s incredibly challenging to be a great leader of both innovation and operations. It’s the equivalent of writing equally well with your right and left hands. But it is possible. More importantly, it’s essential.

C is for Culture

Culture is invisible, pervasive, and personal. It is also the make-or-break factor for innovation because it surrounds innovation architecture, teams, and leaders.

Culture can expand to encourage and support exploration, creativity, and risk-taking. Or it can constrict, unleashing antibodies that swarm, suffocate, and kill anything that threatens the status quo.

Trying to control or change culture is like trying to hold water in your fist. But if you let go just a bit, create the right conditions, and wait patiently, change is possible.

Easy as 123

The most common mistake executives make in the pursuit of being “more innovative” is that they focus on only A or only B or only C.  But, as I always tell my clients, the answer is “and, not or.”

  1. Start with Architecture because it’s logical, rational, and produces tangible outputs like org charts, process flows, and instruction manuals filled with templates and tools. Architecture is comforting because it helps us know what to do and how.
  2. Use Architecture to encourage Behavior because the best way to learn something is to do it. With Architecture in place (but well before it’s finished), bring leaders into the work – talking to customers, sharing their ideas, and creating prototypes. When leaders do the work of innovation, they quickly realize what’s possible (and what’s not) and are open to learning how to engage (behave) in a way that supports innovation.
  3. Leverage Architecture and Behavior to engage Culture by creating the artifacts, rituals, and evidence that innovation can happen in your company, is happening and will continue to happen. As people see “innovation” evolve from a buzzword to a small investment to “the way we do business,” their skepticism will fade, and their support will grow.

Just like the Jackson 5 said

ABC, It’s easy a 123

Architecture, behavior, culture – they’re all essential to enabling an innovation capability that repeatedly creates new revenue.

And while starting with architecture, building new leadership behaviors, and investing until the culture changes isn’t easy, it’s the 123 steps required to “be more innovative.”

Image credit: Wikimedia Commons

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Four Things You Need to Succeed in The Good Place

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Four Things You Need to Succeed in The Good Place

GUEST POST from Robyn Bolton

You have, no doubt, seen the design squiggle. The ubiquitous scribble is all loopy and knotty in the beginning until it finally sorts itself into a straight line by the end.

It illustrates the design process – “the journey of researching, uncovering insights, generating creative concepts, iteration of prototypes and eventually concluding in one single designed solution” – and its elegant simplicity has led it to be adopted by all sorts of other disciplines, including innovation.

But when I showed it to a client, her immediate response was, “It’s Jeremy Bearimy!”*

Wha????

And that is how I discovered The Good Place, a sitcom about four humans who die, go to The Good Place, and struggle to learn what it means to be good.

The show, created by Michael Schur of The Office and Parks and Recreation fame, is a brilliant treatise on ethics and moral philosophy. It also contains valuable wisdom about what innovators need to succeed.

Questions

With all due respect, “It’s the way it’s always been done” is an excuse that’s been used for hundreds of years to justify racism, misogyny…

Tahani Al-Jamil

This quote was a gut punch from the show’s fourth and final season. As innovators, we often hear people ask why change is needed. “If it ain’t broke, don’t fix it!” they proclaim.

But sometimes it is broke, and we don’t know it. At the very least, it can always be better.

So, while “it’s the way it’s always been done” at your company probably (hopefully) doesn’t include racism, misogyny, sexism, and other genuinely horrible things, framing the status quo as an enabler of those horrors is a harsh wake-up call to the dangers of an unquestioning commitment to continuing to do things the way they’ve always been done.

Decisions (not just Ideas)

If you’re always frozen in fear and taking too long to figure out what to do, you’ll miss your opportunity, and maybe get sucked into the propeller of a swamp boat.

Jason Mendoza

Even though Jason Mendoza is the resident idiot of The Good Place, he occasionally (and very accidentally) has moments of profound insight. This one to a situation that innovators are all too familiar with – analysis paralysis.

How often do requests for more data, more (or more relevant) benchmarks, or input from more people slow down decisions and progress? These requests are rarely rooted in doubt about the data, benchmarks, or information you presented. They are rooted in fear – the fear of making the wrong decision, being blamed or shamed, and losing a reputation or even a job.

But worse than being wrong, blamed, shamed, or unemployed is missing an opportunity to radically improve your business, team, or even the world. It’s the business equivalent of getting sucked into the propeller of a swamp boat.

Actions (not just decisions)

In football, trying to run out the clock and hoping for the best never works. It’s called “prevent defense.” You don’t take any chances and just try and hold on to your lead. But prevent defense just PREVENTS you from winning! It’s always better to try something.

Jason Mendoza

Jason does it again, this time invoking a lesson learned from his beloved Jacksonville Jaguars.

Few companies publicly admit to adopting a prevent defense, even though most companies engage in it. They play prevent defense when they don’t invest in innovation, focus exclusively on maintaining or incrementally improving what they currently do, or confine their innovation efforts to events like hackathons and shark tanks.

Incremental improvements and innovation theater keep you competitive. But they won’t get you ahead of the competition or make you a leader in your industry. In fact, they prevent it by making you feel good and safe when you’re really just running out the clock.

Perseverance

Come on, you know how this works. You fail and then you try something else. And you fail again and again, and you fail a thousand times, and you keep trying because maybe the 1,001st idea might work. Now, I’m gonna and try to find our 1,001st idea.

Michael

It’s hard to explain this quote without sharing massive spoilers, so let’s just say that The Good Place is an experiment that fails. A lot.

But it’s also an experiment that generates profound learning and universe-altering changes, things that would not have been possible without the failures.

Yes, smart innovators know when to kill a project. They also know when to try one more time. Wise innovators know the difference.

One final bit of wisdom

Innovation is hard. You will run into more resistance than expected, and things will rarely work out as planned. As long as you keep trying and learning, you won’t fail.

To paraphrase Jason Mendoza (again), you’re not a failed innovator, you’re pre-successful.

*For those of you who are, like I was, unfamiliar with Jeremy Bearimy, here’s a clip explaining it (WARNING: SPOILERS)

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You Can’t Innovate Without This One Thing

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You Can't Innovate Without This One Thing

GUEST POST from Robyn Bolton

It just landed on your desk. Or maybe you campaigned to get it. Or perhaps you just started doing it. How the title of “Innovation Leader” got to your desk doesn’t matter nearly as much as the fact that it’s there, along with a budget and loads of expectations.

Of course, now that you have the title and the budget, you need a team to do the work and deliver the results.

Who should you look for? The people that perform well in the current business, with its processes, structures, and (relative) predictability, often struggle to navigate the constant uncertainty and change of innovation. But just because someone struggles in the process and structure of the core business doesn’t mean they’ll thrive creating something new.

What are the qualities that make someone a successful innovator?

70 answers

A lot of people have a lot to say about the qualities and characteristics that make someone an innovator. When you combine the first four Google search results for “characteristics of an innovator” with the five most common innovation talent assessments, you end up with a list of 70 different (and sometimes conflicting) traits.

The complete list is at the end of this article, but here are the characteristics that appeared more than once:

  1. Curious
  2. Persistent
  3. Continuously reflective
  4. Creative
  5. Driven
  6. Experiments
  7. Imaginative
  8. Passionate

It’s a good list, but remember, there are 62 other characteristics to consider. And that assumes that the list is exhaustive.

+1 Answer

It’s not. Something is missing.

There is one characteristic shared by every successful innovator I’ve worked with and every successful leader of innovation. It’s rarely the first (or second or third) word used to describe them, but eventually, it emerges, always said quietly, after great reflection and with dawning realization.

Vulnerability.

Whether you rolled your eyes or pumped your fist at the word made famous by Brene Brown, you’ve no doubt heard it and formed an opinion about it.

Vulnerability is the “quality or state of being exposed to the possibility of being attacked or harmed, either physically or emotionally.”  Without it, innovation is impossible.

Innovation requires the creation of something new that creates value. If something is new, some or all of it is unknown. If there are unknowns, there are risks. Where there are risks, there is the possibility of being wrong, which opens you up to attack or harm.

When you talk to people to understand their needs, vulnerability allows you to hear what they say (versus what you want them to say).

In brainstorming sessions, vulnerability enables you to speak up and suggest an idea for people to respond to, build on, or discard.

When you run experiments, vulnerability ensures that you accurately record and report the data, even if the results aren’t what you hoped.

Most importantly, as a leader, vulnerability inspires trust, motivates your team, engages your stakeholders, and creates the environment and culture required to explore, learn, and innovate continuously.

n + 1 is the answer

Just as you do for every job in your company, recruit the people with the skills required to do the work and the mindset and personality to succeed in your business’ context and culture.

Once you find them, make sure they’re willing to be vulnerable and support and celebrate others’ vulnerability. Then, and only then, will you be the innovators your company needs.

Here’s the full list of characteristics:

  1. Action-oriented, gets the job done
  2. Adaptable
  3. Ambitious
  4. Analytical, high information capacity, digs through facts
  5. Associative Thinker, makes uncommon connections
  6. Breaks Boundaries, disruptive
  7. Business minded
  8. Collaborative
  9. Compelling Leader
  10. Competitive
  11. Consistent
  12. Continuously reflects (x3)
  13. Courageous
  14. Creative (x3)
  15. Curious (x4), asks questions, inquisitive, investigates
  16. Delivers results, seeks tangible outcomes
  17. Disciplined
  18. Divergent Thinker
  19. Driven (x3)
  20. Energetic
  21. Experiments (x2)
  22. Financially oriented
  23. Flexible, fluid
  24. Formally educated and trained
  25. Futuristic
  26. Giving, works to benefit others, wants to make the world better
  27. Goal-oriented
  28. Has a Growth mindset
  29. Highly confident
  30. Honest
  31. Imaginative (x2)
  32. Influential, lots of social capital
  33. Instinctual
  34. Intense
  35. Iterating between abstract and concrete thinking
  36. Learns through experiences
  37. Likes originality, seeks novelty
  38. Loyal
  39. Motivated by change, open to new experiences
  40. Networks, relates well to others
  41. Observes
  42. Opportunistic mindset, recognizes opportunities
  43. Opportunity focused
  44. Passionate (x2)
  45. Patient
  46. Persistent (x4)
  47. Persuasive
  48. Playful
  49. Pragmatic
  50. Proactive
  51. Prudent
  52. Rapidly recognizes patterns
  53. Resilient
  54. Resourceful
  55. Respects other innovators
  56. Seeks understanding
  57. Self-confident
  58. Socially intelligent
  59. Stamina
  60. Takes initiative
  61. Takes risks
  62. Team-oriented
  63. Thinks big picture
  64. Thrives in uncertainty
  65. Tough
  66. Tweaks solutions constantly
  67. Unattached exploration
  68. Visionary
  69. Wants to get things right
  70. Willing to Destroy

And the sources:

Image Credit: Pixabay

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People Drive the World-Technology as a Co-Pilot via Center of Human Compassion

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People Drive the World-Technology as a Co-Pilot via Center of Human Compassion

GUEST POST from Teresa Spangler

People at the Center – Technology as a Co-Pilot

Are people at the center of your innovation and new product plans? Have we made people the center of all things digital? Are human’s and our environment the center of the new world entering the 4th Industrial Revolution? When innovation is during groundbreaking disruptive inventions or whether innovation is iterating into new products… what is placed at the center of your strategies? What are the reasons for these new inventions?

So much is at stake, as the world turns to being driven by AI, humanoids, rockets’ red glare searching for new lands to inhabit, games and more games feeding our brains with virtual excitement and stimulation, devices galore on our bodies, in our hands, in our homes helping us navigate our every move and in many ways directing us on how to think. The acceleration of digital permeating our lives is mind boggling. The news we are fed, seemingly unbiased, the product advertisements that sneak into our feeds, the connections via too many social and work-related networks that appear all too promising and friendly too is overwhelming. Technology is encompassing our lives!

The Power of Technology

Don’t get me wrong, I love technology for all the positive it contributes to the world. Technology is allowing individuals to create! To create and earn! To take control of their lives and build meaningful endeavors. The creation of TIME and SPACE to live how we to live has been a major outcome of

1. technology but also 2. the pandemic.

Let’s explore the creator economy which has experienced an explosion of late. As referenced in the Forbes article, The Biggest Trends For 2022 In Creator Economy And Web3, by Maren Thomas Bannon, Today, the total size of the creator economy is estimated to be over $100 billion and 50 million people worldwide consider themselves creators. Creators will continue to bulge out of the global fabric as individuals seek to augment their incomes or escape the confines or rigged corporate cultures. Technology is enabling creators no doubt!

Technology is also allowing forward acting organizations to scale growth at unprecedented speeds. Let’s look at a recent survey conducted by Accenture

Curious about the effects of the pandemic, we completed a second round of research in early 2021 and discovered the following:

  1. Technology Leaders have moved even further ahead of the pack and have been growing at 5x the rate of Laggards on average in the past three years.
  2. Among the “Others” there is a group of organizations—18% of the entire sample—that has been able to break previous performance barriers—the Leapfroggers.

Let’s look at a recent survey conducted by Accenture

Curious about the effects of the pandemic, we completed a second round of research in early 2021 and discovered the following:

  1. Technology Leaders have moved even further ahead of the pack and have been growing at 5x the rate of Laggards on average in the past three years.
  2. Among the “Others” there is a group of organizations—18% of the entire sample—that has been able to break previous performance barriers—the Leapfroggers.

Of course, so much technology is doing good things for the world. 3-D printing is emerging at the center of homelessness. As reported in the #NYTIMES, this tiny village in Mexico is housing homeless people. The homes were built using an oversized 3-D printer.

Another example positive outcomes of technology is the emergence of over-the-counter hearing devices. Fortune Business Insights estimates the global hearing aids market is projected to grow from $6.67 billion in 2021 to $11.02 billion by 2028 at a CAGR of 7.4% in forecast period, 2021-2028.

These devices, until this year, were regulated to being sold by medical professionals at, for the majority of population in need, very high prices $2000 to $5000+ per hearing aid. Yes typically you need two. But recent innovations in ear buds and bluetooth are allowing other technology companies into the game! Take Bose for example, the FDA recently approved Bose SoundControl Hearing Aids to be purchased on their website for $895/pair. No need for a hearing professional. This significantly changes the playing field and opens the doors for so many that have put off purchases (of these not covered by insurance by the way) devices.

Entertainment & leisure travel is going to a whole new level with the help of technology. It’s wonderful that anyone with connectivity and travel the world and explore via Virtual Reality. Here are 52 places you can explore in the comfort of your home shared by NY Times. Many of us attended conferences and events over the past two years virtually. We’ll see an exponential growth in virtual reality experiences in the coming year.

So why am I talking about creating a Center for Human Compassion if so much good is really coming out of technology? Because many of the outcomes are also unrealized and not anticipated or at least publicized to prepare people. It is essential for companies, technologists, and product teams to consider the consequences of new technologies. Not as an afterthought but at the forethought, from inception of ideas we must ask what are the downsides? How will people be affected? What could happen?

The quote below is taken from the World Economic Forum report, Positive AI Economic Futures

machines will be able to do most tasks better than humans. Given these sorts of predictions, it is important to think about the possible consequences of AI for the future of work and to prepare for different scenarios. Continued progress in these technologies could have disruptive effects: from further exacerbating recent trends in inequality to denying more and more people their sense of purpose and fulfillment in life, given that work is much more than just a source of income.

WeForum brings 150 thought leaders together to share thoughts on how we create an AI world we want. For all of AI’s good, there are potentials for negative outcomes.

Let’s take the military’s fight again hobbyists and drones. In the recent article from WSJ, The Military’s New Challenge: Defeating Cheap Hobbyist Drones, how much energy was placed on Human Compassion if drone technologies, IoT and AI got in the wrong hands?

The U.S. is racing to combat an ostensibly modest foe: hobbyist drones that cost a few hundred dollars and can be rigged with explosives. @WSJ

I feel certain there was some consideration but not enough to draw out possible negative impacts and how to mitigate them before they could even start. Did we really put people at the center of what is possible with drone technologies? What do you think?

This is no easy task. We know what is good for us can turn to bad for us when in the wrong hands, or if it’s not moderated to healthy limits. How do we help facilitate a more compassionate relationship with technology and put people at the center?

Here are four strategies to ensure you are keeping people at the center of your innovation, new products and technology development efforts.

  1. Create a Center of Human Compassion, or People Centered Technology Consortium, or what ever you wish to brand your initiative. Select trusted advisors from external (customers, partners…) and a select group of internal stake holders to join your collaborative to gather input, feedback and push back!
  2. Discuss with your trusted group very early on. Gamify initiatives around gathering what ifs! Anticipating the worst you will plan better for the best! (leaving the hope out)
  3. Build a continuous feedback loop. It is important that insights and scenarios are revisited and rehashed over and over again.
  4. Join other consortiums and get involved with AI and tech for good initiatives. If you can’t find ones you feel are of value to you and your company, start one!

Mantra for the year: #lucky2022 but not without work and placing people front and center of plans will good fortune and luck come for the masses.

As always, reach out if you have ideas you’d like to share or questions you’d like to discuss!

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3 Ways to Get Customer Insights without Talking to Customers

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3 Ways to Get Customer Insights without Talking to Customers

GUEST POST from Robyn Bolton

Most of my advice to leaders who want to use innovation to grow their businesses boils down to two things*:

  1. Talk (and listen) to customers
  2. Do something

But what if you don’t want to talk to customers?

After all, talking to customers can be scary because you don’t know what they’ll say. It can be triggering if they say something mean about your product, your business, or even you as a person. It can be draining, especially if you’re an introvert.

Plus, there are so many ways to avoid talking to customers – Send a survey, hire a research firm to write a report, invoke the famous Steve Jobs quote about never doing customer research.

Isn’t it just better to stay tucked away in the office, read reports, state opinions as if they are facts (those opinions are based on experience, after all), and make decisions?

Nope.

It is not better. It is also not safer, easier, or more efficient.

To make the best decisions, you need the best data, which comes from your customers.

But that doesn’t mean you need to talk to them to get it.

The best data

The best data helps you understand why your customers do what they do. This is why Jobs to be Done is such a powerful tool – it uncovers the emotional and social Jobs to be Done that drive our behavior and choices (functional Jobs to be Done are usually used to justify our choices).

But discovering Jobs to be Done typically requires you to talk to people, build rapport and trust in a one-on-one conversation, and ask Why? dozens of times so surface emotional and social JTBD.

Luckily, there are other ways to find Jobs to be Done that don’t require you to become an unlicensed therapist.

Observe your customers

Go where your customers are (or could be) experiencing the problem you hope to solve and try to blend in. Watch what people are doing and what they’re not doing. Notice whether people are alone or with others (and who those others are – kids, partners, colleagues, etc.). Listen to the environment (is it loud or quiet? If there’s noise, what kind of noise?) and to what people are saying to each other.

Be curious. Write down everything you’re observing. Wonder why and write down your hypotheses. Share your observations with your colleagues. Ask them to go out, observe, wonder, and share. Together you may discover answers or work up the courage to have a conversation.

Quick note – Don’t be creepy about this. Don’t lurk behind clothing racks, follow people through stores, peep through windows, linger too long, or wear sunglasses, a trench coat, and a fedora on a 90-degree day, so you look inconspicuous. If people start giving you weird looks, find a new place to people-watch.

Observe yourself

Humans are fascinating, and because you are a human, you are fascinating. So, observe yourself when you’re experiencing the problem you’re hoping to solve. Notice where you are, who is with you, the environment, and how you feel. Watch what you do and don’t do. Wonder why you chose one solution over another (or none).

Be curious. Write down everything you did, saw, and felt and why. Ask your colleagues to do the same. Share your observations with your colleagues and find points of commonality and divergence, then get curious all over again.

Quick note – This only works if you have approximately the same demographic and psychographic profiles and important and unsatisfied Jobs to be Done of your target customers.

Be your customer

What if your business solves a problem that can’t be easily observed? What if you don’t have the problem that your business is trying to solve?

Become your customer (and observe yourself).

Several years ago, I worked with a client that made adult incontinence products. I couldn’t observe people using their products, and I do not have important (or unsatisfied) Jobs to be Done that the products can solve.

So, for one day, I became a customer. I went to Target and purchased their product. I went home, wore, and used the product. I developed a deep empathy for the customer and wrote down roughly 1 million ways to innovate the product and experience.

Quick note – Depending on what’s required to “be your customer,” you may need to give people a heads up. My husband was incredibly patient and understanding but also a little concerned on the day of the experiment.

It’s about what you learn, not how you learn it

It’s easy to fall into the trap of thinking there is one best way to get insights. I’m 100% guilty (one-on-one conversations are a hill I have died on multiple times).

Ultimately, when it comes to innovation and decision-making, the more important thing is having, believing, and using insights into why customers do what they do and want what they want. How you get those insights is an important but secondary consideration.

* Each of those two things contains A TON of essential stuff that must be done the right way at the right time otherwise, they won’t work, but we’ll get into those things in another article

Image Credit: Pixabay

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Collaborative Approaches to Eco-Innovation

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Collaborative Approaches to Eco-Innovation

GUEST POST from Chateau G Pato

The planet is signaling distress. From the rising tides of climate change to the choked arteries of our waste systems, the environmental challenges are no longer distant threats but present realities impacting every business and every life. Yet, for the human-centered innovator, this crisis is not merely a problem to be solved; it’s an urgent invitation to reimagine, redefine, and ultimately, redesign our world. And in this audacious endeavor, going it alone is simply not an option. The future of sustainability hinges on **collaborative eco-innovation**.

Eco-innovation transcends mere compliance or incremental “green” tweaks. It’s about fundamentally transforming systems – developing new products, processes, services, and business models that generate not only economic value but also substantial environmental benefit. Such systemic shifts are inherently complex, touching upon a myriad of scientific, technological, social, and policy dimensions. This intricate web of challenges necessitates a diverse tapestry of solutions, woven together through intentional, multi-stakeholder collaboration.

Why Collaboration is the Oxygen of Eco-Innovation

Just as a healthy ecosystem thrives on interconnectedness, collaborative eco-innovation fosters a resilient, dynamic, and ultimately more effective pathway to sustainability. Here’s why bringing diverse minds together is non-negotiable:

  • De-risking the Unknown: Pioneering eco-innovations often involve significant upfront investment and R&D. Collaboration allows organizations to pool financial resources, share the inherent risks, and distribute the capital burden, making bold ventures more palatable.
  • Accelerating Knowledge Transfer: The expertise required for truly transformative eco-innovation spans disciplines – from advanced material science and circular design to behavioral economics and supply chain logistics. Partnerships facilitate rapid cross-pollination of specialized knowledge, accelerating discovery and deployment.
  • Unlocking Systemic Impact: Many environmental problems are deeply embedded in complex value chains. Tackling textile waste, for instance, requires not just new fiber technologies but also innovative collection, sorting, and reprocessing infrastructure, alongside shifts in consumer consumption patterns. Collaborative ecosystems can address these interlocking challenges holistically, driving change at scale.
  • Fostering Market Adoption: Novel eco-innovations often demand shifts in established infrastructure, regulations, or consumer habits. Strategic alliances between innovators, industry incumbents, policy makers, and even end-users can significantly smooth the path to market acceptance and widespread adoption.

Real-World Triumphs: Collaborative Eco-Innovation in Action

To truly appreciate the transformative power of collaboration, let’s explore two inspiring case studies:

Case Study 1: The Ellen MacArthur Foundation & The Circular Economy Movement

Perhaps the most influential example of collaborative eco-innovation isn’t a singular product, but a paradigm shift: the **circular economy**. Championed globally by the Ellen MacArthur Foundation, this framework aims to eliminate waste and pollution by design, keep products and materials in use, and regenerate natural systems. The Foundation itself serves as a powerful orchestrator, bringing together an unparalleled alliance of global businesses (from consumer goods giants like Unilever and Nestlé to technology leaders like Google and Apple), policymakers, academics, and designers.

Through dedicated working groups, pilot projects, and open-source knowledge platforms, the Foundation facilitates a collective movement away from the linear “take-make-dispose” model. They provide critical research, practical tools, and the convening power to enable companies to redesign products for durability and recyclability, develop innovative “product-as-a-service” business models, and invest in the infrastructure necessary for material recovery. This isn’t about isolated corporate initiatives; it’s a fundamental, collaborative transformation of entire industries, driven by a shared, compelling vision for a restorative future.

Case Study 2: ECOALF – Redefining Fashion from the Deep Sea

ECOALF, a pioneering Spanish fashion brand, epitomizes collaborative eco-innovation in the consumer product space. Their audacious mission: to create high-quality fashion entirely from recycled materials, drastically reducing reliance on finite natural resources. Their innovation isn’t confined to design; it’s intricately woven into their entire supply chain, which is built on deep collaboration.

A flagship initiative is “Upcycling the Oceans,” a groundbreaking project born from a unique partnership between ECOALF, local fishing communities across the Mediterranean, and a network of specialized recycling plants. Instead of discarding plastic waste caught in their nets, fishermen proactively bring it ashore. This collected marine debris – from discarded plastic bottles to abandoned fishing nets – undergoes a meticulous process of sorting, cleaning, and transforming into high-quality yarns and fabrics by partner recycling facilities. These innovative materials then become the foundation for ECOALF’s stylish apparel and accessories. This multi-stakeholder collaboration not only addresses critical ocean pollution but also creates valuable raw materials and provides economic opportunities for fishing communities, proving that purpose-driven collaboration can forge profitable and sustainable business models.

Cultivating a Culture of Collaborative Eco-Innovation

For forward-thinking leaders aiming to embed collaborative eco-innovation into their organizational DNA, a few human-centered principles are essential:

  • Embrace Radical Openness: Look beyond your traditional boundaries. Engage with startups, participate in industry consortiums, and even seek “co-opetition” with competitors on pre-competitive environmental challenges. Leverage open innovation platforms to crowdsource ideas and identify potential partners.
  • Articulate a Shared, Compelling Purpose: The “why” must be clear and resonate deeply with all potential collaborators. A powerful, unifying environmental and business purpose acts as the ultimate catalyst, bridging disparate interests and fostering collective commitment.
  • Design for Trust and Transparency: Collaboration hinges on trust. Actively break down internal and external silos, cultivate relationships built on transparency, and establish clear communication channels. Human-centered design thinking, with its emphasis on empathy and stakeholder mapping, can be invaluable here.
  • Invest in Collaborative Enablers: Provide the necessary digital platforms, physical spaces (like innovation labs), and structured processes that facilitate seamless collaboration. Consider adopting visual collaboration tools and frameworks (like a custom “Eco-Innovation Collaboration Canvas”) to align efforts and track progress.
  • Measure, Learn, and Celebrate Impact: Define clear environmental and business metrics from the outset. Continuously measure progress, openly share learnings (both successes and failures), and celebrate collective achievements to maintain momentum and inspire further collaborative endeavors.

The Uncharted Territory of Opportunity

The journey to a truly sustainable future is not a solo expedition. It demands a collective leap, powered by shared ingenuity, diverse perspectives, and a profound commitment to human-centered change. By intentionally fostering collaborative approaches to eco-innovation, we unlock not just solutions to pressing environmental crises, but unprecedented opportunities for economic growth and societal prosperity. It’s time to build bridges, forge alliances, and co-create a future where business thrives in intrinsic harmony with the living planet.

Extra Extra: Because innovation is all about change, Braden Kelley’s human-centered change methodology and tools are the best way to plan and execute the changes necessary to support your innovation and transformation efforts — all while literally getting everyone all on the same page for change. Find out more about the methodology and tools, including the book Charting Change by following the link. Be sure and download the TEN FREE TOOLS while you’re here.

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Reset and Reconnect in a Chaotic World

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Reset and Reconnect in a Chaotic World

GUEST POST from Janet Sernack

Meeting face to face, for a lovely lunch recently, with a coaching colleague, we were both shocked to discover how stressed and anxious we were feeling about being asked to deliver live workshops and face-to-face coaching to clients once again.

We shared how emotionally, mentally, and physically overwhelmed we felt, despite having decades of knowledge, experience, and skills in being able to deliver deep learning programs and face-to-face coaching sessions, about doing live gigs again! We also agreed, that despite the range of largely effective emotionally intelligent coping strategies we developed to help ourselves and our clients self-regulate, self-manage, to better adapt to the pandemic-imposed work-from-home restrictions that the past two and half years of working, alone, and in isolation, online, had taken its toll.

We acknowledged and accepted that we along with many of our clients were all suffering from elevated levels of stress, discomfort, and anxiety. We then agreed that it was time to focus on exploring how to better help ourselves and our clients reconnect and reset by enabling them to create states of well-being, emotional agility, and mental fitness, where they can feel good, can function well, and be effective and innovative in an increasingly chaotic world.

To seek new ways of enabling ourselves and our clients to deal effectively with a range of unresourceful feelings including helplessness, powerlessness, and fearfulness about an uncertain future. 

We noticed that these feelings often caused many of our clients to contract and freeze, and become immobilised as a result of what we describe as a “bubble” of self-induced silo-based behaviours. That often evolved into extreme self-centeredness, and unconscious selfishness, which ultimately increased their feelings of isolation and loneliness, and lack of belonging, resulting in defensive and avoidant behaviours, in what is becoming an increasingly chaotic world.

How are these ways of being and acting impacting organisations?

Partnering in a wide range of online global coaching sessions, we noticed that a number of common trends emerged as to how our client’s teams and organisations, are being impacted at the cultural level:

  • Immobilization – many people are unable to self-manage their work from home workloads and are quietly burning out, through being overly task-focused and busy, whilst others are preferring to work autonomously, and not waste hours commuting.
  • Lacking safety and trust – many organisations are freezing all of their change initiatives, learning programs, and projects, causing people to fear loss and overall job insecurity, where many people are contracting more deeply within their “bubbles” and become even more distrustful of leadership and even more passively defensive and avoidant.
  • Lacking clarity and foresight – many organisations have slipped into being so reactive, focussing only on delivering short-term results, and are not communicating a clear strategy for leading the way forwards.

Resulting in:

  • Increased resistance to change and going back to the office adds to people’s inertia, and to their sense of disconnection and lack of belonging.
  • Increased risk adversity and conventional (cost cutting), tactical and short-term focus, inhibits any investment in Research and Development or the skills development required in developing and executing a future innovation strategy.
  • People have become even more fearful of failure, and are not stretching themselves to adapt, grow, learn and innovate with disruption, and often choosing to merely change jobs, in a competitive job marketplace, driven by scarcity, as a perceived short term solution.

A unique moment in time

This has created an opportunity, in this unique moment in time, to focus on being kinder to ourselves and to others by helping and supporting each other, respectfully and compassionately, creatively and courageously, to reconnect and reset. Despite rising levels of economic, civic, and social uncertainty and unrest.

What made sense yesterday may not make so much sense today.

Many of the mental models we applied yesterday may not be relevant for tomorrow because corporate culture, civic and social structures have drastically changed and digitalization has become commonplace, noting that we are shifting from a VUCA to BANI world where:

  • Brittle has replaced Volatility.
  • Anxiety reflects Uncertainty.
  • Non-linearity is an addition to Complexity.
  • Incomprehensibility is ultimately the consequence of our non-linear world and goes one step further than Ambiguity.

Paradoxically, this has created new openings to genuinely explore and discover new thresholds to adapt, generate new mindsets, develop skill sets, and power up our toolkits to keep pace with the effects of the emerging BANI world and capture complex systems by asking a  key generative or catalytic question:

How might you support and enable others to think and act differently in such a world, where old patterns seem to crumble while new ideas and systems still need to be created, invented, innovated, and established?

As the world of work changes, so does the need for everyone to consider how to be more open-hearted, minded, and willed with one another.

A final word from Gallop CEO Jon Preston in the Gallop Global Emotions Report:

“All over the world, people are trying to understand the rise of violence, hatred, and increased radicalization. They will continue to argue over what the best policy responses should be and what role social media plays in fueling negative emotions.

However, policymakers must understand why so many more people are experiencing unprecedented negative emotions and focus on the drivers of a great life.

Our shared humanity and wellbeing depend on it”.

When we generously and kindly demonstrate care, respect, and appreciation for the value everyone brings, we can also demonstrate helpfulness and support, through our unconditional willingness to reconnect and reset.

Resulting in an ability to co-create a better sense of belonging and a more optimistic outlook, through enhancing our emotional intelligence.  To effectively self-regulation and self-manage the superpowers and strategies required to thrive, flourish and flow, and make transformational changes in the face of relentless uncertainty, disruption, and a chaotic world.

This is the first in a series of three blogs on the theme of reconnecting and resetting, to create, invent and innovate in an increasingly chaotic world. You can also register for our free 45-minute masterclass on Thursday, 25th August, to discover new ways of re-connecting through the complexity and chaos of dis-connection to create, invent and innovate in the future! Find out more.

Image credit: Pixabay

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Strategy for a Post-Digital World

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Strategy for a Post-Digital World

GUEST POST from Greg Satell

For decades, the dominant view of strategy was based on Michael Porter’s ideas about competitive advantage. In essence, he argued that the key to long-term success was to dominate the value chain by maximizing bargaining power among suppliers, customers, new market entrants and substitute goods.

Yet digital technology blew apart old assumptions. As technology cycles began to outpace planning cycles, traditional firms were often outfoxed by smaller competitors that were faster and more agile. Risk averse corporate cultures needed to learn how to “fail fast” or simply couldn’t compete.

Today, as the digital revolution is coming to an end, we will need to rethink strategy once again. Increasingly, we can no longer just move fast and break things, but will have to learn how to prepare, rather than just adapt, build deep collaborations and drive skills-based transformations. Make no mistake, those who fail to make the shift will struggle to survive.

Learning to Prepare Rather Than Racing to Adapt

The digital age was driven, in large part, by Moore’s law. Every 18 months or so, a new generation of chips would come out of fabs that was twice as powerful as what came before. Firms would race to leverage these new capabilities and transform them into actual products and services.

That’s what made agility and adaptation key competitive attributes over the past few decades. When the world changes every 18 months, you need to move quickly to leverage new possibilities. Today, however, Moore’s Law is ending and we’ll have to shift to new architectures, such as quantum, neuromorphic and, possibly, biological computers.

Yet the shift to this new era of heterogeneous computing will not be seamless. Instead of one fairly simple technology based on transistors, we will have multiple architectures that involve very different logical principles. These will need new programming languages and will be applied to solve very different problems than digital computers have been.

Another shift will be from bits to atoms, as fields such as synthetic biology and materials science advance exponentially. As our technology becomes infinitely more powerful, there are also increasingly serious ethical concerns. We will have to come to some consensus on issues like what accountability a machine should have and to what extent we should alter the nature of life.

If there is one thing that the Covid-19 crisis has shown is that if you don’t prepare, no amount of agility will save you.

Treating Collaboration as a New Competitive Advantage

In 1980, IBM was at an impasse. Having already missed the market for minicomputers, a new market for personal computers was emerging. So, the company’s leadership authorized a team to set up a skunk works in Boca Raton, FL. A year later, the company would bring the PC to market and change computer history.

So, it’s notable that IBM is taking a very different approach to quantum computing. Rather than working in secret, it has set up its Q Network of government agencies, academic labs, customers and start-ups to develop the technology. The reason? Quantum computing is far too complex for any one enterprise to pursue on its own.

“When we were developing the PC, the challenge was to build a different kind of computer based on the same technology that had been around for decades,” Bob Sutor, who heads up IBM’s Quantum effort, told me. “In the case of quantum computing, the technology is completely different and most of it was, until fairly recently, theoretical,” he continued. “Only a small number of people understand how to build it. That requires a more collaborative innovation model to drive it forward.”

It’s not just IBM either. We’re seeing similar platforms for collaboration at places like the Manufacturing Institutes, JCESR and the Critical Materials Institute. Large corporations, rather trying to crush startups, are creating venture funds to invest in them. The truth is that the problems we need to solve in the post-digital age are far too complex to go it alone. That’s why today, it’s not enough to have a market strategy, you need to have an ecosystem strategy.

Again, the Covid-19 crisis is instructive, with unprecedented collaborative efforts driving breakthroughs.

Drive Skills-Based Transformations

In the digital era, incumbent organizations needed to learn new skills. Organizations that mastered these skills, such as lean manufacturing, design thinking, user centered design and agile development, enjoyed a significant competitive advantage. Unfortunately, many firms still struggle to deploy critical skills at scale.

As digital technology enters an accelerated implementational phase, the need to deploy these skills at scale will only increase. You can’t expect to leverage technology without empowering your people to use it effectively. That’s why skills-based transformations have become every bit as important as strategic or technology-driven transformations.

As we enter the new post-digital era the need for skills-based transformations will only increase. Digital skills, such as basic coding and design, are relatively simple. A reasonably bright high school student can become proficient in a few months. As noted above, however, the skills needed for this new era will be far more varied and complex.

To be clear, I am not suggesting that everybody will need to have deep knowledge about things like quantum mechanics, neurology or genomics a decade from now any more than everybody needs to write code today. However, we will increasingly have to collaborate with experts in those fields and have some sort of basic understanding.

Making the Shift from Disrupting Markets to Pursuing Grand Challenges

The digital economy was largely built on disruption. As computer chips became exponentially faster and cheaper, innovative firms could develop products and services that could displace incumbent industries. Consider that a basic smartphone today can replace a bundle of technologies, such as video recorders, GPS navigators and digital music players, that would have cost hundreds of thousands of dollars when they were first introduced.

This displacement process has been highly disruptive, but there are serious questions about whether it’s been productive. In fact, for all the hype around digital technology “changing the world,“ productivity has been mostly depressed since the 1970s. In some ways, such as mental health and income inequality, we are considerably worse off than 40 or 50 years ago.

Yet the post-digital era offers us a much greater opportunity to pursue grand challenges. Over the next few decades, we’ll be able to deploy far more powerful technologies to solve problems like cancer, aging and climate change. It is, in the final analysis, these physical world applications that can not only change our lives for the better, but open up massive new markets.

The truth is that the future tends to surprise us and nobody can say for sure what the next few decades will look like. Strategy, therefore, can’t depend on prediction. However, what we can do is prepare for this new era by widening and deepening connections throughout relevant ecosystems, acquiring new skills and focusing on solving meaningful problems.

In the face of uncertainty, the best way to survive is to make yourself useful.

— Article courtesy of the Digital Tonto blog
— Image credit: Pixabay

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