innovation

Up from the Hub archives. Originally published 2007

Step back for a moment and take an objective look at your company. Then answer these three questions:

1) Is it performing at a high level when it comes to creating innovative products or services for its customers?

Getting innovation 'done' in large organizations is a nightmare. Here, Hub member Marion Janner points out how local 'ingenuity' can be harnessed. I like 'ingenuity' rather than 'innnovation', as a whole industry has grown up around large company 'innovation', with processes. rules, procedures etc. All of which might be necessary, but, which snuff out many locally-developed ideas or practices in the process. Let people experiment. See what happens.

If the space below is blank, it may take a minute for the embedded video to load from YouTube. It's a clip on how to lead for innovation, creativity...and mistakes! Leaders frown on mistakes and failure. Fear of making mistakes or failing then freezes creativity, as people stay within their comfort zone and don't take chances. Here's a partial antidote (if you are reading this within Phil Dourado's 'My Page', click on 'read full post' or whatever the link below says, to get to the video blog clip:

The world economy is in a competitive street-fight, with a no-holds-barred struggle for market share, and indeed for supremacy within a market.