If innovation (the term) is dead and we will continue to engage in innovation (the activity), how do we talk about creating meaningful change without falling back on meaningless buzzwords? The answer isn’t finding a single replacement word – it’s building a new innovation language that actually describes what we’re trying to achieve. Think of it as upgrading from a crayon to a full set of oil paints – suddenly you can create much more nuanced pictures of progress.
The Problem with One-Size-Fits-All
We’ve spent decades trying to cram every type of progress, change, and improvement into the word “innovation.” It’s like trying to describe all forms of movement with just the word “moving.” Sure, you’re moving but without the specificity of words like walking, running, jumping, bounding, and dancing, you don’t know what or how you’re moving or why.
That’s why using “innovation” to describe everything different from today doesn’t work.
Use More Precise Language for What and How
Before we throw everything out, let’s keep what actually works: Innovation means “something new that creates value.” That last bit is crucial – it’s what separates meaningful change from just doing new stuff for novelty’s sake. (Looking at you, QR code on toothpaste tutorials.)
But, just like “dancing” is a specific form of movement, we need more precise language to describe what the new value-creating thing is that we’re doing:
Core IMPROVEMENTS: Making existing things better. It’s the unglamorous but essential work of continuous refinement. Think better batteries, faster processors, smoother processes.
Adjacent EXPANSIONS: Venturing into new territory – new customers, new offerings, new revenue models, OR new processes. It’s like a restaurant adding delivery service: same food, new way of reaching customers.
Radical REINVENTION: Going all in, changing multiple dimensions at once. Think Netflix killing its own DVD business to stream content they now produce themselves. (And yes, that sound you hear is Blockbuster crying in the corner.)
Adopt More Sophisticated Words to Describe Why
Innovation collapsed because innovation became an end in and of itself. Companies invested in it to get good PR, check a shareholder box, or entertain employees with events.
We forgot that innovation is a means to an end and, as a result, got lazy about specifying what the expected end is. We need to get back to setting these expectations with words that are both clear and inspiring
Growth means ongoing evolution
Transformation means fundamental system change (not just putting QR codes on things)
Invention means creating something new without regard to its immediate usefulness
Problem Solving means finding, creating, and implementing practical solutions
Value Creation means demonstrating measurable and meaningful impact
Why This Matters
This isn’t just semantic nitpicking. Using more precise language sets better expectations, helps people choose the most appropriate tools, and enables you to measure success accurately. It’s the difference between saying “I want to move more during the day” and “I want to build enough endurance to run a 5K by June.”
What’s Next?
As we emerge from innovation’s chrysalis, maybe what we’re becoming isn’t simpler – it’s more sophisticated. And maybe that’s exactly what we need to move forward.
Drop a comment: What words do you use to describe different types of change and innovation in your organization? How do you differentiate between what you’re doing and why you’re doing it?
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The Coach for Innovators Amplifiers, a small group of global business game changers, started engaging in monthly dialogue sessions in 2022. As alumni of the Coach for Innovators, Leaders, and Teams Certified Program™, we intended to apply our knowledge, skills, and experience to discover and explore how we might collaborate to support countries, organizations, and education institutions in achieving the World Economic Forum’s Seventeen Sustainable Development Goals by innovating for good.
We are a small, cohesive, committed group of corporate executives, consultants, educators, coaches, and trainers who connected and maximized the differences and diversity of our group by debating how to apply innovation as the glue to achieve sustainable change everywhere. Our mission is to amplify and catalyze innovators, organizations, and communities to stimulate and achieve sustainable development everywhere. It is based on the values of ethical practice, systems thinking, social entrepreneurship, civic change, alignment, deep learning, humanity, collective action, openness, curiosity, courage, experimentation, and well-being by innovating for good.
We set about adding value to the quality of people’s lives by engaging and influencing people to lead the transition towards co-creating societal shifts ethically, equitably and sustainably.
Our target market consists of passionate and energetic young people engaged in learning to teach the core elements of the Being side of social entrepreneurship to enable them to be ecologically resilient by innovating for good.
A different approach to innovation
Our approach was based on three core principles that emerged during our research and testing process:
Innovation is like drinking water; it is essential for life and belongs to all life to sustain it in all contexts.
Innovation is a duty; people have no right to pollute and destroy all life and the planet.
Innovation allows us to consciously manifest different ways of being and doing to co-create a future we want to have and sustain.
This requires people to unlearn old mental models and irrelevant perspectives in a 21st-century disrupted world and relearn and learn to adopt an innovative mindset. Which focuses on supporting sustainable and positive economic growth and de-growth and on developing circular economies to do better with less by:
Challenging people’s illusions and inertia regarding the future, confronting harsh realities, and addressing problems to enhance people’s quality of life.
Transitioning from competition to co-petition within ecosystems, fostering genuine collaboration across boundaries to co-create solutions on a global scale.
Moving away from competition towards co-petition in ecosystems, embracing collaboration across boundaries to co-create global solutions.
Meta-learning model – Innovating for good
This became the basis for developing a meta-learning model constructed on what we had encountered as the key systemic problems that largely inhibited innovation. We tested and validated it using a small, diverse target market sample of global students studying here in Australia.
We incorporated our findings into pivoting The Start-Up Game™ Boardroom Version and into the book Janet Sernack is currently writing – “Conscious Innovation – Activating the Heart, Mind and Spirit of Innovation.” Both are due for release in June 2025,
Concept/Stage
Problem/Explanation
Question
Awakening process Igniting the light of consciousness
People can shift their values, beliefs, and mindsets by applying various approaches and methodologies to develop the new perspectives required to innovate.
How might we alert people to the importance of innovation?
Letting it go Exposing the landmines
Actions speak louder than words. What activities, exercises, and challenges will mobilize people to participate in the innovation challenge?
What do you think people might need to let go of to make the space and time to innovate?
Initiating the shift Embracing new perspectives
Actions speak louder than words. What types of activities, exercises, and challenges will mobilize people to participate in the innovation challenge?
How might we best introduce and engage people with embracing new perspectives on innovation?
Communicating Shifting gears
Communication is key. People need clarity and coherent messages to understand and appreciate the importance and benefits of innovation.
What are the key messages that might resonate with you?
Sharing the story Setting the torch alight
Stories inspire us and provide evidence of success; what stories do you consider important to share to ignite people’s motivation to innovate?
What kinds of stories might inspire you to take up the innovation challenge?
Stories inspire us and provide evidence of success; what stories do you consider essential to share to ignite people’s motivation to innovate?
Actions speak louder than words. What activities, exercises, and challenges will mobilise people to participate in the innovation challenge?
Many people don’t know how to make sense of innovation and are unaware that all change and growth require innovation of some type to be effective and sustainable.
Inner development supports outer development – Innovating for good.
The Inner Development Goal Framework was initiated in 2023 by the 29k Foundation, Ekskaret Foundation, IMD Business School for Management, LUCSUS Center for Sustainability Studies | Lund University, Stockholm Resilience Center | Stockholm University, The New Division, Flourishing Network at Harvard University, World Business Council for Sustainable Development (WBCSD). It has been set up as a not-for-profit initiative to address the pressing need to increase our collective abilities to face and effectively work with complex challenges. Based on the pre-supposition, “without a foundational shift in human values and leadership capacities, external solutions to our global challenges may be limited, too slow, or short-lived”.
Inner Development Goal Framework
The framework consists of five dimensions across twenty-three skills:
Being; relationship to self,
Thinking, cognitive skills,
Relating, caring for others and the world,
Collaborating, social kills,
Acting, enabling change.
This great initiative inspired our group, as it was closely aligned with ImagineNation’s™ approach that the group members had learned in The Coach for Innovators, Leaders, and Teams Certified Program when innovating for good.
Our goal was to enhance the quality of people’s lives, specifically focusing on “being the change” you wished to see in the world. We aimed to develop people’s confidence, capacity, and competence in being change-ready and responsive, accepting responsibility, and becoming emotionally energetic, agile, and adaptive.
These six elements are foundational and learnable in developing an innovation mindset to help people make mandatory, impactful, ethical changes aligned with the seventeen sustainable and five inner development goals dimensions when innovating for good.
We co-created a toolkit to enable us to mentor, teach and coach a tribe of doers/young people to create a movement that:
It encapsulates their dreams and inspires their hopes and optimism about the future.
It fosters a safe space for healing and for their voices to be heard.
It cultivates their potential through innovative uncertainty tolerance to co-create new forms.
It instills a sense of urgency to collectively advocate for the changes essential to shape and own the future they desire for their children and grandchildren.
Power of Agency, Development and Hope
In a recent article, “Five Global Trends in Business and Society in 2025,” Insead identified the top five global trends for 2025: climate change, geopolitical crises, income and wealth inequality and social instability, and inflation or recession. How we react to and manage these five trends by innovating for goodwill tests the resilience of our global society, economy, governments, academic institutions, corporations, and civil societies in an increasingly uncertain, unstable world.
To have any sense of agency in the face of these emerging challenges, our Coach for Innovators Amplifiers group and the Inner Development Goal group have boiled it down to a fundamental principle: “To be the change you wish to see in the world,” develop your skills and be hopeful, believing and even trusting that by innovating for good, things might eventually turn out well for everyone, everywhere.
This is a short section from our new book, Conscious Innovation – Activating the Heart, Mind and Spirit of Innovation, which will be published in 2025.
Please find out more about our work at ImagineNation™.
Please find out about our collective learning products and tools, including The Coach for Innovators, Leaders, and Teams Certified Program, presented by Janet Sernack. It is a collaborative, intimate, and profoundly personalized innovation coaching and learning program supported by a global group of peers over 9-weeks. It can be customized as a bespoke corporate learning program.
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-focused, human-centric approach and emergent structure (Theory U) to innovation. It will also up-skill people and teams and develop their future fitness within your unique innovation context. Please find out more about our products and tools.
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Innovation has always had its problems. It’s a meaningless buzzword that leads to confusion and false hope. It’s an event or a hobby that allows executives to check the “Be innovative” box on shareholders’ To-do lists. It’s a massive investment that, if you’re lucky, is break-even.
So, it should be no surprise that interest and investment have dried up to the point that many have declared that innovation is dead.
If you feel an existential crisis coming on, you’re not alone. Heck, I’m about to publish a book titled Unlocking Innovation, which, if innovation is dead, is like publishing Lean Speed: How to Make Your Horse East Less and Go Faster in 1917 (the year automobiles became more prevalent than horses).
But is innovation really dead?
Yes, Innovation is Dead
The word “innovation” is dead, and it’s about time. Despite valiant efforts by academics, consultants, and practitioners to define innovation as something more than a new product, decades of hype have irrevocably reduced it to shiny new objects, fun field trips and events, and wasted time and money.
Good riddance, too. “Innovation” has been used to justify too many half-hearted efforts, avoidable mistakes, and colossal failures to survive.
Except that it is also very much not dead.
While the term “innovation” may have flat-lined, the act of innovating – creating something new that creates value – is thriving. AI continues to evolve and find new roles in our daily lives. Labs are growing everything from meat to fabric to new organs. And speaking of organs, three patients in the US received artificial hearts that kept them alive long enough for donor hearts to be found.
The act of innovation isn’t dead because the need for innovation will always exist, and the desire to innovate – to create, evolve, and improve – is fundamentally human.
Innovation is Metamorphosing (yes, that’s a real word)
Like the Very Hungry Caterpillar, innovation has been inching along, gobbling up money and people, getting bigger, and taking up more space in offices, budgets, and shareholder calls.
Then, as the shock of the pandemic faded, innovation went into a chrysalis and turned to goo.
Just as a caterpillar must break down completely before becoming something new, we’re watching the old systems dissolve:
Old terms like innovation and Design Thinking were more likely to elicit a No than a Yes
Old structures like dedicated internal teams and “labs” were shut down
Old beliefs that innovation is an end rather than a means to an end faded
This is all good news. Except for one tiny thing …
We Don’t Know What’s Next
Humans hate uncertainty, so we’re responding to the goo-phase in different ways:
Collapse in defeat, lament the end of human creativity and innovation, and ignore the fact that cutting all investment in creativity and innovation is hastening the end you find so devastating
Take a deep breath, put our heads down, and keep going because this, too, shall pass.
Put on our big kid pants, muster some courage, ask questions, and start experimenting
I’ve been in #2 for a while (with brief and frequent visits to #1), but it’s time to move into #3.
I’ll start where I start everything – a question about a word – because, before we can move forward, we need a way to communicate.
If innovation (the term) is dead, what do we use instead?
We’ll explore answers in the next post, so drop your words and definitions in the comments.
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“Consider this question: If workers are hobbled by 1,000 rules, does it make a meaningful difference to reduce them to only 900?”
The answer is No. In fact, this is precisely why most attempts at fighting bureaucracy fail – and why true transformation requires starting completely fresh.
Bill Anderson, CEO of Bayer, knows this and isn’t afraid to admit it. When he took the helm in June 2023, he discovered a company paralyzed by bureaucracy. Instead of trying to optimize the system, he looked at the company’s “1,362 pages” of employee rules and knew the entire structure needed to change.
Breaking the Stranglehold
As Anderson stated in Fortune, “There was a time for hierarchical, command-and-control organizations – the 19th century, to be exact, when many workers were illiterate, information traveled at a snail’s pace, and strict adherence to rules offered the competitive advantage of reliability.”
The modern reality is different. Today’s Bayer employs highly skilled experts, operates at digital speed, and competes in markets where, as Anderson observes, “the most reliable companies are the most dynamic.”
The challenge wasn’t just the encyclopedic rule book. The organization’s “12 levels of hierarchy” created what Anderson called “unnecessary distance between our teams, our customers, and our products.” In today’s innovation-driven market, this industrial-age structure threatened the company’s future.
Unleashing Innovation
Anderson’s solution? “Dynamic Shared Ownership” – a radical model that puts 95% of decision-making in the hands of the people actually doing the work. Instead of annual budgets and endless approvals, self-directed teams work in 90-day sprints with the autonomy to make real-time decisions.
The results are already showing. Take Vividion, Bayer’s independently operated subsidiary. Operating in small, autonomous teams, they went from FDA approval to first patient dosing in just six weeks. They’re now on track to produce one or two new drug candidates for clinical testing every year.
Speed Becomes Reality
The impact extends across the organization. Bayer’s scientists have transformed their plant breeding process, reducing cycles from “five years down to merely four months.”
In the consumer health division, teams have accelerated their development timelines significantly, reducing product launch schedules “by up to nine months” in Asia. Within their first two months under the new system, these teams generated millions in additional value.
While financial markets remain uncertain about this transformation, one crucial metric suggests it’s working: employee retention has improved. The scientists, researchers, and product developers – the people doing the innovative work – are showing their confidence in this dramatic shift toward autonomous operation.
Why This Matters & What to do Next
For most of us, the question isn’t whether our organization has too much bureaucracy – it almost certainly does. The question is: what are you going to do about it?
Try this – Create a small, autonomous team with a 90-day mission. Give them real decision-making power and see what they can accomplish when freed from bureaucratic constraints.
Remember Anderson’s key insight: reducing rules from 1,000 to 900 won’t create meaningful change. Real transformation requires the courage to fundamentally rethink how work gets done.
For anyone who’s ever felt the soul-crushing weight of bureaucracy, Bayer’s radical reinvention offers hope. Maybe the path to innovation isn’t through better rules and processes, but through the courage to trust in human potential.
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And Other Counterintuitive Lessons from a Day at MIT
GUEST POST from Robyn Bolton
I firmly believe that there are certain things in life that you automatically say Yes to. You do not ask questions or pause to consider context. You simply say Yes:
Painkillers after a medical procedure
Warm blankets
The opportunity to listen to brilliant people talk about things that fascinate them.
So, when asked if I would like to attend an Executive Briefing curated by MIT’s Industrial Liaison Program, I did not ask questions or pause to check my calendar. I simply said Yes.
I’m extremely happy that I did because what I heard blew my mind.
He went on to tell the story of a meeting between Elon Musk and Toyota executives shortly after Musk became CEO. Toyota executives marveled at how quickly Tesla could build an EV and asked Musk for his secret. Musk gestured around the factory floor at all the abandoned hunks of metal and partially built cars and explained that, unlike Toyota, which prided itself on being lean and minimizing waste, Tesla engineers focused on learning – and waste is a required part of the process.
We decide with our hearts and justify with our heads – even when leasing office space
John E. Fernández, Director of MIT’s Environmental Solutions Initiative, shared an unexpected insight about selling sustainable buildings effectively. Instead of hard numbers around water and energy cost savings, what convinces companies to pay the premium for Net Zero environments is prestige. The bragging rights of being a tenant in Winthrop Center, Boston’s first-ever Passive House office building, gave developers a meaningful point of differentiation and justified higher-than-market-rate rents to future tenants like McKinsey and M&T Bank.
49% of companies are Silos and Spaghetti
I did a hard eye roll when I saw Digital Transformation on the agenda. But Stephanie Woerner, Principal Research Scientists and Executive Director for MIT’s Center for Information Systems Research, proved me wrong by explaining that Digital Transformation requires operational excellence and customer-focused innovation.
Her research reveals that while 26% of companies have evolved to manage both innovation and operations, operate with agility, and deliver great customer experiences, nearly half of companies are stuck operating in silos and throwing spaghetti against the wall. These “silo and spaghetti companies” are often product companies rife with complex systems and processes that require and reward individual heroics to make progress.
What seems like the safest option is the riskiest
How did 26% of companies transform while the rest stayed stuck or made little progress? The path forward isn’t what you’d expect. Companies that go all-in on operational excellence or customer innovation struggle to shift focus and work in the other half of the equation. But doing a little bit of each is even more risky because the companies often wait for results from one step before taking the next. The result is a never-ending transformation slog that is eventually abandoned.
Academia is full of random factoids
They’re not random to the academics, but for us civilians, they’re mainly helpful for trivia night:
50% of US robots are used in the automotive industry
<20% of manufacturing job descriptions require digital skills (yes, that includes MS Office)
Data centers will account for 8-21% of global energy demand by 2030
Energy is 10% of the cost but 90% of the cost of mining bitcoin
Cities take up 3% of the earth’s surface, contain 33% of the population, account for 70% of global electricity consumption, and are responsible for 75% of CO2 emissions
Why say Yes
When brilliant people talk about things they find fascinating, it’s often because those things challenge conventional wisdom. The tension between lean efficiency and innovative learning, the role of emotion in business decisions, and the risks of playing it too safe all point to a fascinating truth: sometimes the most counterintuitive path forward is the most successful.
How have you seen this play out in your work?
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How One Company Became the Theranos of Marshmallows
GUEST POST from Robyn Bolton
Here’s a head-scratcher when it comes to scaling innovation: What happens when your innovative product is a hit with customers, but you still fail spectacularly? Just ask the folks behind Smashmallow, the gourmet marshmallow company that went from sweet success to sticky situation faster than you can say “s’mores.”
The Recipe for Initial Success
Jon Sebastiani sold his premium jerky company Krave to Hershey for $240 million and thought he’d found his next billion-dollar idea in fancy French marshmallows. And initially, it looked like he had.
Smashmallow’s artisanal, flavor-packed treats weren’t just another fluffy, tasteless sugar puff – they created an entirely new snack category. Customers couldn’t get enough of their handcrafted, churro-dusted, chocolate-chip-studded clouds of happiness. The company hit $5 million in sales in its first year, doubled that the next, and was available in 15,000 stores nationwide in only its third year.
Sounds like a startup fairy tale, right? Right! If we’re talking about the original Brothers Grimm versions. Corporate innovators start taking notes.
The Candy-coated Vision
Sebastiani and his investors weren’t content with building a successful premium regional brand. They wanted to become the Kraft of craft marshmallows, scaling from artisanal to industrial without losing what made the product special. It’s a story that plays out in corporations every day: the pressure to turn every successful pilot into a billion-dollar business.
So, they invested. Big time.
They signed a contract with “an internationally respected builder of candy-making machines” to design and build a $3 million custom-built machine and another with a copacker to build an entirely new facility to accommodate the custom machine.
Bold visions require bold moves, and Sebastiani was a bold guy.
The Scale-up Meltdown
But boldness can’t overcome reality, and the custom machine couldn’t replicate the magic of handmade marshmallows. It couldn’t even make the marshmallows.
Starch dust created explosion hazards. Cinnamon wouldn’t stick. Workers couldn’t breathe through spice clouds. The handmade ethos of imperfect squares gave way to industrialized perfection. Each attempt to solve one problem created three more, like a game of confectionery whack-a-mole.
By 2022, Smashmallow was gone, leaving behind a cautionary tale about the gap between what customers value and what executives and investors want. The irony? They succeeded in their mission to disrupt the market – by 2028, the North American marshmallow market is projected to more than double its 2019 size, largely thanks to the premium category Smashmallow created. They just won’t be around to enjoy it.
A Bittersweet Paradox
For so many corporate innovators, this story hits close to home. How many promising projects died not because customers didn’t love them but because they couldn’t scale to “move the needle” for a multi-billion dollar corporation? A $15 million business might be a champagne-popping moment for an entrepreneur, but it barely registers as a rounding error on a Fortune 500 income statement.
This is the innovation paradox facing corporate innovators: The very pressure to go big or go home often destroys what makes an innovation special in the first place. It’s not enough to create something customers love – you must create something that can scale to satisfy the corporate appetite for growth.
Finding the Sweet Spot
The lesson isn’t that we should abandon ambitious scaling plans. Instead, we must be brutally honest about whether our drive for scale aligns with what makes our innovation valuable to customers. If it doesn’t, we must choose whether to scale back our ambitions (unlikely) or let go of our successful-but-small idea.
After all, not every marshmallow needs to be a mountain, but every mountain climber (that’s you) needs a mountain.
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‘Tis the season for “year in review” and “top 10 lists.” As fun (and sometimes frightening) as it is to look back, it is just as fun (and sometimes frightening) to look ahead. After all, as innovators, that is what we naturally do. So, in anticipation of the year ahead, here are 5 Must Reads to make 2025 far more fun than frightening.
(listed in alphabetical order by author’s last name so I can’t be accused of playing favorites)
Pay Up! Unlocking Insider Secrets of Salary Negotiation by Kate Dixon
This book is for everyone, especially… people who want to earn what they deserve
This book solves the problem of…the black box that is compensation and the fear of negotiating for what you’re worth
This book creates value by… Outlining a step-by-step system to:
Understand key terms and concepts and apply them to your situation
Research the information you need to confidently and competently negotiate
Know what to say and do (and NOT say or do) in the moment
Why I love this book: Full disclosure – Kate and I are friends, so I’ve had a front-row seat to her wisdom and humor (how many compensation books invoke Beyonce?) and the jaw-dropping impact she gets for her clients. I’ve even gifted this book to others because I know it works!
Disrupt Yourself: Putting the Power of Disruptive Innovation to Work by Whitney Johnson
This book is for everyone, especially… people who are rethinking their careers and are ready for change
This book solves the problem of… knowing how to start redefining your career (and yourself)
This book creates value by… Turning Clayton Christensen’s Theory of Disruption into four principles for self-disruption, including:
Identifying your disruptive strengths
Stepping backward or sideways to grow
Patiently waiting for your career (and legacy) to emerge
Why I love this book: Two quotes: (1) “Disruption starts as an inside game” and (2) “Constraints can be the perfect remedy if you are having a difficult time.”
Live Big! A Manifesto for a Creative Life by Rochelle Seltzer
This book is for everyone, especially… people who want to experience daily joy and creativity
This book solves the problem of…feeling stuck in the day-to-day reality of life, uncertain whit how to begin, and afraid to make big, drastic changes
This book creates value by… Offering 20 tips for:
Becoming a person who Lives Big, including slowing down, aligning to your purpose, and being patient
Acting big, including listening to your intuition, embracing change, and carrying on
Savoring the small joys of life, including the gorgeous design of the book
Why I love this book: Rochelle’s Discovery Dozen exercise is a game-changer. I learned this tool when she was my coach, and I have continued to use it for everything from naming my business, to deciding if/when/how to act on an opportunity, and writing articles.
The Coaching Habit: Say Less, Ask More & Change the Way You Lead Forever by Michael Bungay Steiner
This book is for everyone, especially... busy managers who want to be better people leaders
This book solves the problem of…balancing hands-on management with team empowerment and individual development
This book creates value by… Guiding you through seven questions that help you:
Work less hard while having more impact
Break cycles of team overdependence and workplace overwhelm
Turn coaching and feedback from an occasional formal event into a daily habit
Why I love this book: A copy of the 7 questions sits just below my monitor, reminding me to be curious, dig deeper, and that every decision is a choice to do one thing and not another.
Readers Choice!
Version 1.0.0
It’s audience participation time! In the comments below, drop YOUR recommendation for a 2025 Must Read.
Bonus points for telling us:
Who it’s for
Problem it solves
Value it creates
Why you love it
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A Corporate Carol About Why You’re Not Getting Results
GUEST POST from Robyn Bolton
Last week, InnoLead published a collection of eleven articles describing the root causes and remedies for killers of innovation in large organizations. Every single article is worth a read as they’re all written by experts and practitioners whose work I admire.
I was also inspired.
In the spirit of the hustle and bustle of the holiday season, I gave into temptation, added my own failure mode, and decided to have a bit of fun.
The Twelve Killers of Innovation
(Inspired by the Twelve Days of Christmas yet relevant year-round)
On the twelfth day of innovating, management gave to me:
Twelve leaders short-term planning
Eleven long projects dragging
Ten cultures resisting
Nine decisions made too quickly
Eight competing visions
Seven goals left unclear
Six startups mistrusted
Five poorly defined risks
Four rigid structures
Three funding black holes
Two teams under-staffed
And a bureaucracy too entrenched to change
Want to write a happier song?
Each of the innovation killers can be fended off with enough planning, collaboration, and commitment. To learn how, check out the articles:
“We identified four opportunities for market expansion, all adjacent to our current business, and entry into any one of them is almost guaranteed to materially grow our business. But no one is doing anything.”
I wanted to be surprised. Instead, I sighed and asked the question I knew he couldn’t answer.
Short-termism: “The CFO is worried we may miss the quarter, so we’re starting to make cuts.”
Size: “We have a new President coming in who wants to put his stamp on things, so he’s cutting anything that won’t double our business in three years.”
Scarcity: “We’re implementing a new process, and this would just be one thing too many for people to handle.”
The business my client described has doubled in the past five years. After fifty years of steady, reliable, and predictable revenue, its top line suddenly became the mythical “hockey stick of growth.” The technological driver of this change is more likely to be the “new normal” than a fad, so the business is expected to double again in the next five years.
Leadership isn’t worried about delivering the next quarter, year, or five years. They know that they have the resources they need and can access more when the time is right. They’re confident that the opportunities identified are feasible and meaningful.
Yet, they will not act.
I’m not afraid. I’m biased!
Behavioral economists, psychologists, and sociologists explain situations like the above by pointing out our “cognitive biases”—the “irrational errors that are programmed into our brains.” For example, the first three horsemen could be known as Present Bias, the hard-easy effect, and Loss Aversion.
While it’s comforting to blame programming bugs beyond our awareness and control for our “irrational errors,” this approach lets us off the hook a bit too easily.
I’m not biased. I’m afraid!
Fear is at the root of most, if not all, of these biases because emotions, not programming bugs in our brains, drive our decisions.
The study of how our emotions impact decision-making didn’t take off until the early 2000s. It really accelerated in 2015 when professors from Harvard, UC Riverside, Claremont McKenna College, and Carnegie Mellon published a meta-study on the topic and declared:
The research reveals that emotions constitute potent, pervasive, predictable, sometimes harmful and sometimes beneficial drivers of decision making. Across different domains, important regularities appear in the mechanisms through which emotions influence judgments and choices.
Bottom line – we decide with our hearts and justify with our heads.
Our hearts are afraid that we’ll lose the respect of our peers and loved ones, the reputations we’ve worked decades to build, the physical goods and intangible experiences that project our societal status, or the financial safety of a regular paycheck.
And, as my brilliant and kind sister told me, “These feelings we feel, these feelings are real.”
I’m afraid and biased and brave!
Next time you see someone (maybe you?) do something “irrational,” get curious and ask:
What cognitive bias are they falling prey to?
What is the fear that’s driving that bias?
How can you help them to be brave, live with the fear, and move forward?
I’m curious…when was the last time you were afraid, biased, and brave?
Image credit: Pixabay
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‘Twas the night before launch day, when throughout HQ, Not a worker had left, there was too much to do; The plans were laid out by the whiteboard with care, While our Innovation Chief Sarah planned with great flair;
The team was all nestled all snug at their posts, While visions of success inspired them the most; And Sarah in her blazer, so sharp and so bright, Had just settled in for a long working night,
When out in the hall there arose such a clatter, She sprang from her desk to see what was the matter. When what to her wondering eyes should appear, But the CEO and board, spreading holiday cheer!
“Now, ARCHITECTURE!” they cried, “We need strategy and rules! Now BEHAVIORS and CULTURE!” – these ABC tools. “Tell us Sarah,” they said, “how you’ll lead us to glory, Through bringing new value – tell us your story!”
She smiled as she stood, confidence in her stance, “The ABCs of Innovation aren’t left up to chance. Architecture’s our framework, our process and measure, Our governance model not built at our leisure;
“The Behaviors we foster? Curiosity leads, With courage and commitment to meet future needs. And Culture,” she said, with a twinkle of pride, “Is how innovation becomes our natural stride.”
Her cross-functional team gathered ’round with delight, Each bringing their skills to help win this big fight: “From concept to testing, from planning to more, We’re ready to launch what we’ve worked toward before!”
The CEO beamed and the board gave a cheer, “This is exactly the progress we’d hoped for this year! With Architecture to guide us, and Behaviors so strong, Plus Culture to fuel us – well, nothing could go wrong!”
Then Sarah exclaimed, as they turned out the light, “Happy launching to all, and to all a good night! For tomorrow we share what’s been worth all the wait, Guided by ABCs, we’ll make something great!”
Image credit: Microsoft CoPilot
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