Thomas Edison created the electric bulb. Yet, to be useful, this bulb needed a system of electric power generation, as well as transmission. So, an entire new industry and marketplace was created around the bulb.
Some of Edison’s keys to innovation:
- Envision how people will want to use what is created, taking into consideration their end users’ needs and preferences.
- Surround yourself with camaraderie: tinkerers, improvisers, and experimenters. It is a team-based approach, instead of a lone genius inventor.
- Persist through multiple rounds of trial and error / experimental investigation.
- Blend multi-disciplinary perspectives: art, craft, science, business savvy and customers (Source: HBR).
What are your keys to innovation?
