Innovation
These essays on innovation cover a wide range of topics, from the basics of innovation to detailed case studies and examples. Each essay is designed to give readers an understanding of the principles that drive innovation while providing practical advice on creating successful innovations. Through these essays, I aim to help readers better understand the process of innovation and use it more effectively in their own lives.
The Final Key to Innovation: Understanding the Law of Execution
Innovation can sometimes seem totally intangible. It’s easy enough to come up with an idea that you believe will change the world, or at least your industry. It is putting that idea into action that becomes another ballgame. Developing an actual product or service that can be sold or put into practi
How to Create a BHAG That Will Motivate Your Team and Drive Innovation
The ‘Dean of Personal Development’, Earl Nightingale, earned his name through the excellent advice he gave out in speeches, in his books, and on the radio. He knew how to help people succeed, and he knew that, without a goal, individuals would rarely be able to achieve this success. And this rule is
How Micromanagement Can Be the Death of Your BHAG
When you have started your own business and built it from the ground up, it’s normal to have a certain attachment to it and to feel like micromanagement is the only way to ensure things get done. After all, you know your company inside and out. You have a vision for it. You care about […]
3 Big Hairy Audacious Goals That Drove Game-Changing Innovations
Arnold H. Glasow would know. An entrepreneur of the Great Depression, Glasow set the goal of making everyone in America smile. And he did. He published humor magazine after humor magazine for 60 years. In fact, he was so good at it that publications like the Chicago Tribune, Forbes, and the Wall Str
Understanding the Law of the BHAG and What it Means for Innovation
Elbert Hubbard is seen as one of the great writers, philosophers, and artists of the late 1800s. Why is that? He understood that he didn’t attain that status solely because of his intelligence. He was able to share his thoughts with the world because he first set a goal to be the greatest traveling
5 Steps to Implementing a Killer Innovation Process
Innovation isn’t always pretty. It’s messy and tough, often frustrating, and sometimes even infuriating. That’s why most businesses avoid it, or only approach it haphazardly or reactively. But that’s why most businesses are most businesses. For the businesses that want to be changemakers, an innovat
3 Companies That Got Their Innovation Process Right
From ideation to execution, the innovation process can look opaque. From the outside, it might not seem like much of a process at all. In fact, it can look like a tangled mess of spaghetti with no beginning or end. But how do you pull out the single strand of spaghetti that leads directly to […]
3 Companies That Got Their Innovation Process Wrong
Louis Boone should have included this pearl of wisdom in the university-level textbooks he wrote for marketing, business, and economics courses. His textbooks were the ones that educated many of the world’s current CEOs, CFOs, and other executives. While some of these Boone-trained business leaders
Incorporating The Law Of Patience Into Your Innovation Culture
Over the last few weeks, we’ve looked at the Law of Patience and how either succeeding or failing to implement this important law can impact innovation success. We’ve seen that, all too often, people in business equate patience with negligence. In their minds, patience is the opposite of what’s need
Impatient Innovators: 5 Hurried Innovations That Failed
Being told to “have patience” can be a major buzzkill in pursuing potentially innovative ideas. Nobody wants to hear that they’ll need to wait to see their innovations take hold and achieve success. Businesses have a schedule and a budget. They have investors and stakeholders. The pressure to apply
