This book by Andy Kessler has some key highlights: Engage in personal projects that you are passionate about; share your ideas and listen to other people’s ideas; prioritize your projects so you don’t sabotage yourself by trying to do everything; do what makes sense; be proactive Create a sandbox (community) for others to play in…
Innovation includes a mixture of insight and creativity, as well as a disciplined process that consistently promotes progress. It should be rooted in experimentation, then be adaptive and evolve over time as the external environment and internal needs change. Your strategy comprises choices on where and how to create growth and value. This is supported…
Madonna had her 15 minutes of fame in the 1980’s. Yet today, she is still famous. With the name of her sixth concert tour being Reinvention!, she said, “You have to reinvent to stay in the game!” 79% of Fortune 500 CEO’s ranked innovation as a top three corporate priority. As companies are facing slow…
It is not the leader who has innovative ideas; instead, it is the leader who creates a culture where innovation thrives! The culture needs to have: Vision: direction and purpose to believe in Reverse Mentoring: for younger generations to foster collaborative understanding, Constructive Challenges: to direct reports’ thinking and behavior Dialogue: Seek diverse viewpoints through…
Large, incumbent companies are worried about disruption. Companies need agility and speed in making fast decisions to compete. They are continuously pivoting as an organization, placing themselves in “beta mode” for continuous testing and experimenting to see what really works. They are taking steps to mitigate this risk. They are buying start-ups, taking equity stakes…
