Last week I did a presentation to a group of managers when the issue of governance and regulation ‘getting in the way’ of innovation came up. People often think regulations stifle innovation, new business and services. They assume that regulators are there to control and curtail what they want to do. “We are so heavily … Continue reading Does Regulation Really Stifle Innovation?
We were asked a really good question last week with the visit to Bromford of the Disruptive Innovators Network. How long should you spend on an idea? In the early days of Bromford Lab we had a 12 WEEKS MAX rule. If we couldn’t get an idea up and running within that time – it should … Continue reading How To Kill Ideas
Sometimes the execution of the idea doesn’t need to be the best to succeed. In 1989 a video game designer called Gunpei Yokoi changed the world with the launch of the original Nintendo Game Boy. It took gaming out of the hands of geeks and paved the way for the industry to become the most … Continue reading Lessons Learned From Five Years of Failure
I’m not sure I buy into the concept of organisations having a culture of innovation. After all, innovation is a process consisting of four things: Having an idea that solves a problem Doing something with that idea Proving that it delivers new value for people Translating it into reality and making it part of the … Continue reading Creating The Right Culture For Innovation and Change
Consistent investment, dedicated teams, proper evidencing of decisions, alignment with strategy. A simple but critical recipe for innovation in future-ready organisations – Tom Cheesewright One of the questions I get asked most frequently is“How do you define innovation?” This week I’ve been asked it several times so here’s a short post to recap my thoughts. … Continue reading How To Avoid Innovation Theatre
Research indicates that even when everyone within a group recognizes who the subject matter expert is, they defer to that member just 62% of the time; when they don’t, they listen to the most extroverted person – Khalil Smith Innovation must be founded on a deep understanding of the problem we are seeking to solve. It … Continue reading The Danger Of Listening To People Who Talk A Lot