Tag Archives: novelty

Understanding Novelty is the Key to Innovation

Understanding Novelty is the Key to Innovation

GUEST POST from Mike Shipulski

If you want to get innovation right, focus on novelty.

Novelty is the difference between how things are today and how they might be tomorrow. And that comparison calibrates tomorrow’s idea within the context of how things are today. And that makes all the difference. When you can define how something is novel, you have an objective measure of things.

How is it different than what you did last time? If you don’t know, either you don’t know what you did last time or you don’t know the grounding principle of your new idea. Usually, it’s a little of the former and a whole lot of the latter. And if you don’t know how it’s different, you can’t learn how potential customers will react to the novelty. In fact, if you don’t know how it’s different, you can’t even decide who are the right potential customers.

A new idea can be novel in unique ways to different customer segments and it can be novel in opposite ways to intermediaries or other partners in the business model. A customer can see the novelty as something that will make them more profitable and an intermediary can see that same novelty as something that will reduce their influence with the customer and lead to their irrelevance. And, they’ll both be right.

Novelty is in the eye of the beholder, so you better look at it from their perspective.

Like with hot sauce, novelty comes in a range of flavors and heat levels. Some novelty adds a gentle smokey flavor to your favorite meal and makes you smile while the ghost pepper variety singes your palate and causes you to lose interest in the very meal you grew up on. With novelty, there is no singular level of Scoville Heat Unit (SHU) that is best. You’ve got to match the heat with the situation. Is it time to improve things a bit with a smokey, yet subtle, chipotle? Or, is it time to submerge things in pure capsaicin and blow the roof off? The good news is the bad news – it’s your choice.

With novelty, you can choose subtle or spicy. Choose wisely.

And like with hot sauce, novelty doesn’t always mix well with everything else on the plate. At the picnic, when you load your plate with chicken wings, pork ribs, and apple pie, it’s best to keep the hot sauce away from the apple pie. Said more strongly, with novelty, it’s best to use separate plates. Separate the teams – one team to do heavy novelty work, the disruptive work, to obsolete the status quo, and a separate team to the lighter novelty work, the continuous improvement work, to enhance the existing offering.

Like with hot sauce, different people have different tolerance levels for novelty. For a given novelty level, one person can be excited while another can be scared. And both are right. There’s no sense in trying to change a person’s tolerance for novelty, they either like it or they don’t. Instead of trying to teach them to how to enjoy the hottest hot sauce, it’s far more effective to choose people for the project whose tolerance for novelty is in line with the level of novelty required by the project.

Some people like habanero hot sauce, and some don’t. And it’s the same with novelty.

Image credit: Pexels

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How To Create Novelty

How To Create Novelty

GUEST POST from Mike Shipulski

By definition, the approach that made you successful will become less successful over time and, eventually, will run out of gas. This fundamental is not about you or your approach, rather it’s about the nature of competition and evolution. There’s an energy that causes everything to change, grow and improve and your success attracts that energy. The environment changes, the people change, the law changes and companies come into existence that solve problems in better and more efficient ways. Left unchanged, every successful business endeavor (even yours) has a half-life.

If you want to extend the life of your business endeavor, you’ve got to be novel.

By definition, if you want to grow, you’ve got to raise your game. You’ve got to do something different. You can’t change everything, because that’s inefficient and takes too long. So, you’ve got to figure out what you can reuse and what you’ve got to reinvent.

If you want to grow, you’ve got to be novel.

Being novel is necessary, but expensive. And risky. And scary. And that’s why you want to add just a pinch of novelty and reuse the rest. And that’s why you want to try new things in the smallest way possible. And that’s why you want to try things in a time-limited way. And that’s why you want to define what success looks like before you test your novelty.

Some questions and answers about being novel:

Is it easy to be novel? No. It’s scary as hell and takes great emotional strength.

Can anyone be novel? Yes. But you need a good reason or you’ll do what you did last time.

How can I tell if I’m being novel? If you’re not scared, you’re not being novel. If you know how it will turn out, you’re not being novel. If everyone agrees with you, you’re not being novel.

How do I know if I’m being novel in the right way? You cannot. Because it’s novel, it hasn’t been done before, and because it hasn’t been done before there’s no way to predict how it will go.

So, you’re saying I can’t predict the outcome of being novel? Yes.

If I can’t predict the outcome of being novel, why should I even try it? Because if you don’t, your business will go away.

Okay. That last one got my attention. So, how do I go about being novel? It depends.

That’s not a satisfying answer. Can you do better than that? Well, we could meet and talk for an hour. We’d start with understanding your situation as it is, how this current situation came to be, and talk through the constraints you see. Then, we’d talk about why you think things must change. I’d then go away for a couple of days and think about things. We’d then get back together and I’d share my perspective on how I see your situation. Because I’m not a subject matter expert in your field, I would not give you answers, but, rather, I’d share my perspective that you could use to inform your choice on how to be novel.

Image credit: Unsplash

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