hen faced with the need to innovate, many companies establish “skunkworks” or special units to be their innovation engines. Obviously, this only adds to the silo-rific corporate culture, in which the “chosen few” are deemed to have all the best ideas, leaving the rest of the company scratching their heads on how they can contribute.
Corporate America was designed and built in an age that is already long gone. The change happened so fast we didn’t have time to also change how we think.
The business world needs more heretics who are fearless in their approach. The marketplace needs more people who see outside the standard paradigm in an industry and have the courage to “fail fast” to change it. It’s easy to go with the flow and follow the crowd. But innovation always happens at the edges, where […]
Businesses today exist in a radically changing marketplace. In the blink of an eye you can go from being a winner to a loser. New pressures exerted by digital technologies, globalization, cultural diversity, and the sheer variety of available digital tools force companies to rethink everything they are doing – from advertising to product innovation to staffing.
I’ve always been an entrepreneur who’s worked at the edge of innovation by launching start-ups. But I rarely see the same innovative thinking that happens at a start-up applied and integrated into larger corporate systems. Until I met Paul Estes.
The collective intelligence of crowdsourcing platforms are posed to change the way companies work.
The law industry is famously risk averse, not known for being cutting edge or embracing new technology. This is why I find the collaboration between the idea management platform Wazoku and the global law firm Allen & Overy (A&O) fascinating and encouraging.
One of the things I’ve been trying to do better this year is listen to my customers. It seems listening is a very difficult skill to learn. Asking a provocative question is one thing; listening well to the answer is quite another. Really listening depends in part on making yourself innocent again.
A few weeks ago I returned from the 2019 TED conference in Vancouver and was struck that the conversation about the future of work and the gig economy had moved from the fringe to the center. I like the shift that’s happening.