A look at INNOVATION and INNOVATION MANAGEMENT in Asia and beyond. You can also check out the very popular introductory flash presentation on innovation. Note the new URL: http://innovation-definitions.blogspot.com
Monday, December 29
What does it take to innovate?
"An iconoclast . . . A person that does something that others say can't be done."
- Gregory Berns, Iconoclast
"Fear is the greatest inhibitor of innovation."
- Gregory Berns, Iconoclast
Anybody with even the tiniest interest in innovation knows the importance of "thinking differently" or "thinking outside the box." These phrases are often thrown about willy nilly without spending much time digging down to discover just how we actually go about thinking differently. Or, better yet, what stops us from thinking differently? I've worked in many business environments in different parts of the world and I can say from my own experience that, for the most part, it is continuity, not thinking differently that reigns supreme. In the context of innovation, this is the "C" word. Fear is the "F" word. Of course, continuity and fear are often garnished with the usual "we value our people" or "we are an innovative firm/city/nation etc." lacquer. Horse crap. As you can tell, I've become quite cynical towards this whole innovation thing. But we should also remember this:
"All businesses, no matter how strong they seem to be at a given moment, ultimately fail -- and almost always because they failed to innovate."
- Thomas K. McCraw,Prophet of Innovation
So we have a strange situation: we know we must innovate, but, at the same time, we are incapable of doing so. Unless . . . ?
Below is an interesting talk from Gregory Berns, professor of psychiatry and behavioral sciences at Emory University, on what happens to individuals in group settings at the level of the brain. I love this bottom-up approach to innovation.
By the way, please note the new Blogspot address for my Blog: http://innovation-definitions.blogspot.com or simply http://www.brokenbulbs.com
The only problem with innovation is it scares the *** out of people. We've just set up a unique new model for the ad industry. It's an independent solus creative department. It incubates talent. It licenses ideas. It generates it's own ideas and IP. Etc... It's called Creative Orchestra (http://www.creativeorchestra.com/). Many top creative people have supported it but the accountants!!! One big agency group we tried to get funding from said, "A new model of creative agency...what's wrong with the existing one? If you have to ask.... Chris Arnold, (chris@creativeo.plus.com) London.
Thanks Chris. Timidity, fear etc. - those are the killers. Even if something is better at the rational level, emotions rule the day. But wait until, your model takes off . . . and people will be all over it. I now realize -- after many years -- that it's better to sell another dieting book than to sell a book on some obscure "out there" subject. Cheers!
"The profitable implementation
of ideas." - Broken Bulbs (2005)
This definition includes three core elements of innovation: ideas; implementation; and profit. If you dislike the term "profit," you can replace it with "social or economic value." So: "The implementation of ideas that create social or economic value." Broken Bulb's definition draws from these authoritative sources:
"Implementing new ideas that create value." - Innovation Network, U.S.A.
"The intersection of invention and insight, leading to the creation of social and economic value." - U.S. National Innovation Initiative (2004)
"The development of new ideas and their economic application as new products or processes." - U.K Dept. Trade and Industry
INNOVATION: UNDER THE BONNET (HOOD)
When thinking about innovation, it's worth keeping the following points in mind:
- innovation is a multi-dimensional construct - an innovation can be described by type (process, product, service, business model, value, market, brand, channel, price etc.) - and degree (incremental, semi-radical, radical, transformational etc.) - an innovation can be described as a user innovation (the developer benefits by using it) or - a manufacturer innovation (the developer benefits by selling it) - a definition will emphasize a particular unit of analysis (e.g. task, project, individual, group, SBU, firm, region, or nation) - a definition can, therefore, take a broad or narrow perspective - a definition can take a supply- or demand-side view - viewing innovation as either product or process, while useful, is overly simplistic - a sustaining innovation can be radical or incremental - a disruptive innovation, by contrast, emphasizes a dimension of a product that incumbent firms' most profitable customers don't especially value. - the same author may use a number of different definitions, depending on which dimension is being discussed. - innovation can also be viewed as attitude: "There must be a better way."
My passion and interest is in innovation and brands in international business. Recently completed post-graduate research into the innovation strategies of Taiwanese firms active in multiple country-markets as part of an MSc (distinction) in International Marketing. Originally from Scotland. I recently moved to the United States (CT) and would love to work in a corporate university or traditional university setting. Thanks!
"Though the outcomes of successful innovations appear random, the processes that result in their success often are not." - Clayton Christensen (2003)
"He who innovates will have for his enemies all those who are well off under the existing order of things, and only lukewarm supporters in those who might be better off under the new." - Niccolo Machiaveli, The Prince
"The true pacemakers of socialism were not the intellectuals or agitators who preached it, but the Vanderbilts, Carnegies and Rockefellers." - Joseph Schumpeter (1942, p. 134)
"Dear President Jackson,
The canal system in this country is being threatened by a new form of transportation known as "railroads" . . . If the canal boats are supplanted by railroads, boat builders would suffer, and towline, whip, and harness makers would be left destitute . . . God never intended that people should travel at such breakneck speed."
Sincerely,
Martin Van Buren Governor, State of New York, 1829
"Some good experiences will always be scarce." - Matt Mason, 2008
2 Comments:
The only problem with innovation is it scares the *** out of people. We've just set up a unique new model for the ad industry. It's an independent solus creative department. It incubates talent. It licenses ideas. It generates it's own ideas and IP. Etc... It's called Creative Orchestra (http://www.creativeorchestra.com/). Many top creative people have supported it but the accountants!!! One big agency group we tried to get funding from said, "A new model of creative agency...what's wrong with the existing one? If you have to ask....
Chris Arnold, (chris@creativeo.plus.com) London.
Thanks Chris. Timidity, fear etc. - those are the killers. Even if something is better at the rational level, emotions rule the day. But wait until, your model takes off . . . and people will be all over it. I now realize -- after many years -- that it's better to sell another dieting book than to sell a book on some obscure "out there" subject. Cheers!
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