Good ideas usually have multiple differences. However, the key to finding the best ideas is to understand which differences lead to long-term competitive advantage. Basing your innovation purely on making something cheaper, or bundling offerings is short term thinking as it’s easy to replicate. The good ideas are these and much more. And the best ideas are so inventive there’s just no comparison.
Tag: Innovation
The Experimentation Budget
One would imagine that in forward thinking organizations, innovation would flow in a straight line. Instead, the journey begins to resemble a circus show with one jumping over constant hoops and hurdles until the idea dies a slow painful death. The journey includes encountering people who hate the idea, those who love the idea but … Continue reading The Experimentation Budget
Backcasting: Imagining the future
Backcasting starts by taking a leap into the future and embracing all that is preposterous. It focuses on all that outrageous, unique and breaks the shackles of feasibility.
The best way to kill creativity
It is ridiculously easy, it really is. So easy that you wonder how creativity continues to sneak up on to you every now and then. If you are the kind of person who is on an eternal war with creativity, I have just the thing for you. All you need to do is ask a … Continue reading The best way to kill creativity
Employee Engagement: Embracing Old School
Of the many questions floating around, there is one that is on the mind of every HR professional – ‘How do I engage a remote workforce?’ In another day and age, the question may not be as pressing. However, now with a large proportion of any organization working remotely with no end in sight, the … Continue reading Employee Engagement: Embracing Old School
Overton Window
The origin of the Overton window has roots in public policy economics. The term took on mainstream popularity during the 2016 United States Presidential election. However, given that the concept deals with how people think and is universally applicable, those working within an organization can use it just as effectively as politicians do. Joseph Overton … Continue reading Overton Window
5 reasons why you will never…
Here are five reasons why you will never work on a project that will take five years to demonstrate success: Organizations are designed to orient employees towards yearly outcomes. If you don’t believe me, take a look at your performance appraisal system. Working on anything that takes longer than a year, usually rewards you only … Continue reading 5 reasons why you will never…
2020 word of the year
It has been two years since I started setting ‘words of the year’ for myself and I have no intention of breaking the streak. Now, I may not be the most convincing exhibit for you to set one for yourself but, like with everything else in life, there is always room for improvement. I have … Continue reading 2020 word of the year
Five Questions with James Taylor
With less than a week to go for the People Matters Tech HR 2019 Conference, I am super excited. I have never been to a People Matters conference and am curious to find out more about it. I had yet another chance to catch up with one of the speakers ahead of the conference. James … Continue reading Five Questions with James Taylor
Idea Incubators
I am infamous for comparing ideas to babies. I believe that ideas in their early days are a lot like premature babies; expose them to the world too early and they die a premature death. Do these ideas die because they aren’t good? Of, course not. With proper nurturing, they could bloom into miracles. However, if exposed to the world before they’ve found the feet to stand on, it is likely that the ‘devil’s advocates’ and naysayers nip the idea at its bud. What then should we do with these buds of an idea? Like premature babies, they deserve to go into an incubator.