Innovation+ > Vision
There is vision and then there are visionaries. Not all of us are visionaries, but to make innovation work we all need some vision. Where is the market going? What does the future look like?
Nowadays, the trend is technology – automation, algorithmization, and artificial intelligence – but these are meta innovations. They are happening across industries and influencing every layer of society. It doesn’t take much vision to see this happening, as it already is happening.
What takes vision is to see at a granular level what’s happening within your industry or sector. Capitalizing on very small changes can lead to outsized returns in terms of growth, productivity and investment. Positioning around such changes takes vision, as there is inevitably adjustments, investments, and hiring that needs to be done ahead of time. But to start, you need the vision of what the future holds.
Innovation – The Innovator’s Dilemma
Have you heard of the Innovator’s Dilemma? It’s a form of Game Theory in action that helps explain why early-stage startups can go from 0…
Innovation – LTV Metrics
Many times when you are browsing startup literature you will see the term LTV (Lifetime Value), reflecting the long-term value a customer brings in relation…
Innovation – Power Laws
The term ‘network effects’ has become commonplace in the discussion of innovative business models, but its application dates back to before the world of Facebook…
Innovation+ > Talent
We are in a war for talent. And this war is exacerbated by massive generational differences that lead to large gaps in experience, expectations, and…
Innovation+ > Culture
What is culture? Some say it is the set of beliefs that permeate an organization without any words being spoken. Nowadays, nearly everyone is calling…
Innovation+ > Vision
Share It! Facebook Twitter LinkedIn There is vision and then there are visionaries. Not all of us are visionaries, but to make innovation work we…