Posted on Leave a comment

Launching a business in a recession – 4 of 4 – Selling

This is a post in a series of four detailing how you can start a business during a recession (find them all eventually under the startup innovation tag). I think it is a commonly held view that we are about to enter into or are already in a recession. For whatever reason you are thinking about starting a business at this time, I am helping a startup on a similar path and thought I would share what I am thinking about to help them (more on my mentoring here). The focus in this series is the really early stages prior to launch and the emphasis is on how to do things on the cheap ;)

Assuming all has gone well in preparation for launch, one of the main things that you will presumably be doing at time of launch is selling your product or service. Whether it’s free, freemium, includes trials or fully paid for, at some point you will want to consider the transfer of a product or service and the beginning of a relationship with a customer or user. Well, you will need to consider the best way to sell and distribute your product/service and the best way to amplify that. You may want to consider doing it on a test basis before full blown launch but however you do it, you need to consider a few things.

eCommerce


There are so many factors to consider when selling something online that it would be impossible to consider them all in a short post.

It depends on whether you have a single product or multiple, product and/or service, physical and/or digital, fixed price and/or subscription, etc. And this is only the beginning.

In conclusion, you should consider a platform that is flexible. One such platform is WooCommerce although there are many others. It comes from the developers of WordPress and is free for the most part with the possibility of buying addons.

Distribution


So many options to think about in this area too, but it’s crucial as it could make or break your business.

And there are similar dependencies. If you sell software or digital downloads, you will have far fewer challenges. If you sell physical products and these are complex and require installation, then so much the more challenging.

An obvious option is to go Direct to Consumer and learn what many established firms are. Or if your product suits it (like printed t-shirts), go on demand and integrate order and delivery into your site. Most attractive is the new trend in Dropshipping, where you commission suppliers to ‘drop’ shipments to your customers’ doorsteps on your behalf.

Bonus Tool/Service: Themes

You want your site to look cool and attractive and you don’t have the time or money to pay for a designer – start with a theme.

As you can see from the screenshot above and the link in the button below, WooCoomerce comes with a theme directory you can choose from.

There are many more choices than this as well. For instance, you could consider Divi or Elementor, both produce website building platforms dedicated to WordPress and offer themes that are focused on eCommerce. These would make it super easy for a non-technical person to customise a theme without having to start from scratch.

Posted on Leave a comment

Launching a business in a recession – 3 of 4 – Pre-Launch

This is a post in a series of four detailing how you can start a business during a recession (find them all eventually under the startup innovation tag). I think it is a commonly held view that we are about to enter into or are already in a recession. For whatever reason you are thinking about starting a business at this time, I am helping a startup on a similar path and thought I would share what I am thinking about to help them (more on my mentoring here). The focus in this series is the really early stages prior to launch and the emphasis is on how to do things on the cheap ;)

You could go all out with a launch from the get-go where you prepare everything in stealth mode and then when ready, you launch fully to the market. Or you could take a more measured approach where you start in semi stealth, i.e. you don’t disclose all details of your product or service, but you do go live with some basic details online. I prefer this latter route because you can make your online presence minimal until you are ready to share more but still have that work for you. The benefits are multiple in that you can start to build awareness and get crucial feedback before the formal launch.

Landing page


SeedProd is one of the more popular website builders and is used by many startups.

It comes with many templates, including one for landing pages, this being the standard way to have a minimal presence that can still work for you. Typically, you will communicate that the full product/service is coming soon but you can start to build awareness and anticipation for what’s to come and brand.

This is by no means the only tool you can use; in fact you don’t even need to use such a tool. With WordPress for example, you could use the full site editing tools that are now available.

Research


The next stage is to gather feedback from visitors and potential customers on key elements of your intended product/service offering.

Why not add a simple poll or survey on the landing page. There are many options for this and one such option is Microsoft Forms.

Whatever you do, keep it simple, that’s why I suggest a poll, rather than a long-winded survey. And try keep visitors on the page instead of sending them somewhere else to fill out the form, e.g. embed the poll.

Bonus Tool/Service: Lead Management

A final stage to consider is adding some kind of lead generation component. At its simplest this could just be a way to get visitors to provide their contact details so you can reach them when you are ready to launch and they can be informed of this and more besides.

The easiest way to do this is to put a simple, single field form on the site to collect email address.

But the crucial thing is what you do with that lead afterwards and many tools offer ways to manage the lead from first contact. You could integrate website efforts with other lead generation efforts via social media too. Most important is that you can automate the entire lead journey through various stages, including many follow-up efforts.

Here again there are a plethora of tools available to you. I use Mailchimp and have found it to be a superb tool covering many of the elements mentioned above.

NOTE: Consider using a lead magnet, also commonly called opt-ins, freebies, or swipe files, are valuable free pieces of content that you give to people in exchange for an email address.

Posted on Leave a comment

Launching a business in a recession – 2 of 4 – Branding

This is a post in a series of four detailing how you can start a business during a recession (find them all eventually under the startup innovation tag). I think it is a commonly held view that we are about to enter into or are already in a recession. For whatever reason you are thinking about starting a business at this time, I am helping a startup on a similar path and thought I would share what I am thinking about to help them (more on my mentoring here). The focus in this series is the really early stages prior to launch and the emphasis is on how to do things on the cheap ;)

Branding is not highest on the priority list when starting a business, but it is when launching and if you intend to have any kind of presence, even if it is minimal as you will see in later posts, you will need to look semi-decent. In other words, you can create branding that is not final but at least it looks good enough for initial activities. For this, these services that I cover in this post will more than do, and do not have to cost the earth, if anything.

Canva


Canva is such an amazing tool for designing just about anything and you don’t have to be a designer to use it.

It comes with many templates, including for logo design which is probably where you will start with your branding efforts, this plus fonts and colours.

You can even build a brand kit from what you have designed using the templates. Much is available for free, but I pay for that little more flexibility – check pricing here.

Fiverr


Fiverr is a marketplace for design resources where you have a whole world of freelance talent at your fingertips.

From Graphics & Design, Digital Marketing, Video & Animation to much more, you can find someone to do the work for you at a price point that works.

I generally start with basic designs in Canva and then take them to a pro designer on Fiverr to tweak and get professional artwork as required.

Bonus Tool/Service

Behance is the world’s largest creative network for showcasing and discovering creative work. It has now been acquired by Adobe but it remains free and open source and you can use it for a great many things, even to find designers or freelances. But I use it for inspiration.

You can filter your search by many different options and as you can see in the screenshot below, Logo Design is one of them. Here you get a vast array of inspiring designs from some of the world’s best creatives.

A good idea is to have an idea of what your logo should look like or represent and then do a word search for the term that best represents that. You can also just use Google if you want to broaden things further.

Posted on Leave a comment

Launching a business in a recession – 1 of 4 – Business Planning

This is a post in a series of four detailing how you can start a business during a recession (find them all eventually under the startup innovation tag). I think it is a commonly held view that we are about to enter into or are already in a recession. For whatever reason you are thinking about starting a business at this time, I am helping a startup on a similar path and thought I would share what I am thinking about to help them (more on my mentoring here). The focus in this series is the really early stages prior to launch and the emphasis is on how to do things on the cheap ;)

First off just to say that the topic of this post, business planning, is not necessarily something you can do on the cheap. Nor should you. If there is any one activity that you should spend money on, it should be this one. That’s because this is probably the most important one. It sets the tone for all your other activities and is the one that sets you up for success or failure. Having said that, you can get away with some free tools which I will cover. But the real trick in this area, is the framework, method and thinking you use – not so much tools as with the other topics, as you will see.

Business Model Canvas


A simple framework for defining your business, no need for lengthy business plans no one reads and besides, brevity forces focus.

Useful to also visualize and communicate a simple story of your business model to founders, employees and investors alike.

Use the canvas to explore new business models whether you are a start-up or an existing business. Some elements/tools require payments.

Jobs to be Done


JTBD is a framework to guide your perspective and innovate through a different lens. Especially if you need to transform and disrupt (product, company, industry – select as needed), this is for you. It requires you to replace a solution lens with a problem lens. It contrasts seeing the world of innovation through the lens of what the company is doing (a product perspective). It advocates seeing the world of innovation through the lens of what the customer is trying to get done (a problem perspective).

Lean Startup


Lean startup is a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable; this is achieved by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning. Lean startup emphasizes customer feedback over intuition and flexibility over planning. This methodology enables recovery from failures more often than traditional ways of product development.

Bonus Tool

Microsoft’s Whiteboard is a digital application that functions like a traditional whiteboard, but is hosted virtually. Digital whiteboards can integrate with other video conferencing and screen sharing platforms to allow for collaboration even when you are not physically in the same room – crucial for remote teams. It has many templates to choose from and allows whiteboards to be saved in shareable files for easy access in the future. It is these templates that provide an easy way to guide your thinking but of course you can bring in any methodology you want to the tool. It’s free for students and educators or you get it as part of your M365 license (work or personal).

Posted on Leave a comment

A jobs to be done primer to transform your innovation thinking

Tony Ulwick, Founder of Strategyn and leading proponent of Jobs to be Done (JTBD) theory and innovation thinker extraordinaire, ran a webinar the other day. I could not attend due to the time it was being held but I did watch the recording that was sent out to registrants. Fascinating stuff and here are my notes.

Straw poll results

He ran a straw poll to start with and the answers were interesting and also set up the rest of the talk and focus points. Results in bold at the end of each question.

  1. Is there agreement on your product team as how to best define the markets you serve? Roughly 50/50
  2. Is there agreement on your product team as how to best segment the markets you serve? Roughly two thirds no.
  3. Is there agreement on your product team as to what a customer “need” is? Roughly two thirds no.

Intro

JTBD theory in relation to innovation is mostly about having a new perspective and seeing innovation through a different lens. Especially if you need to transform and disrupt your (product, company, industry – select as needed), this is for you. It requires you to replace a solution lens with a problem lens. It contrasts seeing the world of innovation through the lens of what the company is doing (a product perspective). It advocates seeing the world of innovation through the lens of what the customer is trying to get done (a problem perspective).

The famous analogy from JTBD theory is that rather than see the world through the eyes of a drill maker (company and product), see it through that of the hole maker (customer and problem).

People buy products and services to get a job done.

  • Accomplish tasks
  • Achieve goals or objectives
  • Resolve and avoid problems
  • Make progress in their lives

Some more contrasts between JTBD and a company lens

Market definition:

JTBD LENS: A market is a group of people and the job they are trying to get done.

COMPANY LENS: Markets are defined around products, verticals, demographics, etc.

Needs definition:

JTBD LENS: Needs are the measurable outcomes that people want to achieve when getting a job done. Example, when cooking a meal, minimise the time it takes to prepare a meal.

COMPANY LENS: Needs are solutions, benefits, requirements, gains, exciters, specs, latent, etc.

Unmet needs:

DEFINED AS The important, measurable outcomes that people struggle to achieve

Segment definition:

JTBD LENS: Segments are subsets of people in a market, each with a different set of unmet needs.

COMPANY LENS: Segments are personas, use cases, people with different attitudes, demographics, etc.

Innovation Definition:

The process of devising a solution that gets a job done better / more cheaply.

In summary, you have a process (see below) that will allow you to conceptualize products you know—with certainty—will win in the marketplace BEFORE development begins.

The rest of the webinar is mostly about success Strategyn have had with customers (great examples given) and how to implement the ODI process.

I love this framework for so many reasons. I’ve written about if before as part of the research I did for my As a Service trend report in this post: As a Service trend research – customer solutions. As I said in the post about the JTBD framework: A framework for understanding customer needs, if ever there was an approach intended to help find solutions to customer problems or needs, this is it. So moving towards customer solutions, as opposed to having a product or company lens, that is crucial for all kinds of success going forward, least of all for innovation.

And also in that article and indeed the JTBD framework, is the business outcomes focus which I am also enamoured of and write about a lot.

Posted on Leave a comment

Managing innovation is a misnomer – better to prepare for serendipity

I’ve been involved in many innovation activities in the past, from participating in and supporting hackathons, corporate ventures to being involved with startups. I’ve observed that often times, best results come not from better management, but from being ready to pounce when serendipity presents its sweet opportunities.

Okay maybe startups are slightly different in that they are not so much an exercise in innovation, even though their outcomes often result in disruptive innovation.

Let’s focus on enterprise innovation efforts.

Whether it’s through formal innovation programs (of the type that I supported and recount here) or hackathons, I have found that in the main, less is more.

And the alarming statistics confirm it: More than 90% of high-potential ventures fail to meet projected targets, while roughly 75% of the products released each year bomb.

Why control is so ingrained and so counter productive

Just as in this doodle (one of my favourites) and with creativity, you cannot force innovation, much less control it.

In a world in constant flux where the rate of change is accelerating and uncertainty is increasing, I get people’s tendencies to exert ever greater control over things they perceive they can.

But I don’t believe this is effective.

To take a leaf out of Buddhist practice, I believe in ‘non-action’, which is an integral part of the Right Way, and a better way to approach things.

Non-action isn’t about holing yourself up in a cave and ignoring everything. It’s more about practicing detachment or letting go, which are also key related tenets. Moreover, it’s about diving in and embracing uncertainty and opportunity in an effortless way.

Preparing for serendipity

So how do you go about preparing for serendipity? For being ready to recognise and then act on good ideas when they land?

1. Learning mindset.

Innovation is about discovery and the more you learn, the more you discover. If you drive a learning mindset and culture in your organisation and allow people time to learn, they will be equipped for discovery. In this state, when new challenges present themselves, they will be ready and able to respond with new solutions and ideas.

2. Cutting bureaucracy.

Not just in the innovation process, everywhere. Bureaucracy is what holds things back, saps energy, presents hurdles and provides excuses for not trying. The blight of bureaucracy is everywhere, in all departments and growing, but it is especially pernicious in frustrating innovation efforts so do all you can to get hurdles out of the way of employees. Whether in formal or informal innovation initiatives, adopt the way of the minimalist and “remove until it breaks”.

3. Experimentation is the new planning.

Use of data in measuring the outcomes of your experiments is crucial in this approach too. But mostly it’s about making time (sometimes funding even) for experimentation and making this the emphasis of any evaluation, not plans that span pages and based on wishful thinking. Far better a small-scale experiment, even if with negative results, but results where learning can move you forward. I’ve alternatively described this as a way of success hacking.

Posted on Leave a comment

Microsoft 365 customer questions – Power Platform and Teams Hackathon tips

I work in the business of dealing with customer questions on Microsoft 365 all the time (disclosure), either directly or indirectly. This is part of a series of posts where I share them if they can be of help to others. Where I can of course and naturally, not just the questions but the answers too. All questions and answers strive to respect both sides sensitivities (parts will have been redacted and/or anonymised) and the main topic is covered in each post title.

This was not so much a question as a request to present to all the hackers participating in the company hackathon in a launch event. I put a few slides together, here they are in a pdf below. Below that, a few notes of elaboration on the slides that I think need it. This follows earlier advice I shared with the same customer on how to organise the hackathon, captured in this story: How to run a Hackathon for Microsoft Teams and Power Platform. And it also builds on this earlier thought rocket: Hackathons the MVP and lean startup.

Slide 3

I wanted to instil some lean startup, entrepreneurial thinking into the hackers minds. This is also a setup for some of the later slides. The main point being that you have to have an idea of what you want to build in the way of problem/s to solve or opportunity/ies to leverage and that by definition (being future focused), you are not going to be certain that you can achieve it. I wanted to juxtapose this with the need to start building and iterating fast and testing your work as you go and that this has to mapped against your vision and course correction will be required all along the way. Course correction will require either that you refine your vision or your solution.

Slide 5

The clear point here is that you should try and build complete solutions (as far as possible) at every stage of your build. It follows naturally from the previous slide too. I also made the point that they should not be myopic in their thinking and focus too much on the technology or “product”. For instance, building a wheel which on its own, is not really usable. Rather they should think about solving a transport problem and in the image example, a skateboard could be a great first version, perfectly usable in its own right. Hopefully you get the point.

Slide 7

While the hackers were mostly focused on building apps, automations, reports and the like with the Power Platform, I did want to bring Microsoft Teams into the picture as the platform through which they should consider publishing their work. I made two points really. One is that they could develop their solutions either in the respective standalone environment in Power Platform but they could also create solutions directly from within the Teams environment – more on that here: Create low-code custom apps for Microsoft Teams – Teams | Microsoft Docs. More importantly, that they should think about bringing their solutions into Teams to become collaborative apps – a concept explained really well here: Stay in the flow of work with new collaborative apps for Microsoft Teams – Microsoft 365 Blog.

Posted on 4 Comments

Starting a business remote first – 10 priorities

I mentor startups from time to time, in my spare time. I am doing so at the moment with one. I am bringing my past experience to bear starting and working in startups and I’ve also written an eBook on a related subject. In the current case though, it’s more my current experience I am advising and focusing on based on my professional work at Microsoft (disclosure). This is around the use of the Microsoft 365 platform (mostly) to support collaboration and productivity.

First some assumptions to be clear on:

  1. Remote first. The team members are all distributed and not all in the same country. So far, so normal 🙂
  2. Side job so multiple other tools. Some of the members have other jobs and so there is a question of competing and even conflicting technologies that need to be considered.
  3. Early stage. This is a very early-stage startup with founders just starting to work together on this – hence the need to start from scratch.

Then here is my list of top 10 things I am focusing on – not that they are necessarily the most important, just what I can and need to prioritise for the team now:

1 Create a new Microsoft 365 account and license the users. Just because I work with this tech, I did not want to push it. Many of the members have familiarity with other platforms and this needs to be considered. In the end, after some discussion (and I presented the case in a DanelDoodle), we agreed on M365. I chose an M365 Business Standard option and here is a handy guide when setting up for the first time if needed.

2 Assign a domain that can be used in email and beyond. The team already had a domain, I was given access to manage the domain through GoDaddy, the domain registrar. Assigning it was a doddle.

3 Create a Team for internal collaboration. I started with a great template for project management. More about Team templates here. We are using this for all collaboration naturally, asynchronously and through Teams Meetings on regular sync calls.

4 Orientation page or description with clear outline of purpose. In the General Channel for the project management Team I set up, I created a simple wiki page in a Tab with pointers to everything they needed to know to get started and up and running. It also collates links and info on the function of each Channel and the tools available in each Channel.

5 Simple Task Planning – Planner in Teams is the perfect lightweight option to get started with. Members access it from a Tab in the Planning Channel in the Team that was set up from the template. Tasks are listed by sprint buckets.

6 Viva Learning and powering a growth mindset. Setting up a Tab in a Channel is straightforward and other than to bring in content covering Teams and the broader M365 platform, you can choose from the 125 free LinkedIn courses to driving learning in other important areas to fill any skills gaps.

7 Automation for competitive intel – Power Automate. One simple automation I have started with (based on a template) is to bring in tweets with relevant hashtags related to competitive activity. Will be looking for more and much of these kinds of templated flows plus many you can build come free with the M365 license (but beware of the limitations).

8 Marketing – start a website prototype. I had already started working on that and I documented that in this post: Content management with WordPress evolved – full site editing 1. This covers both the content management and website creation side of things as well as eCommerce.

9 Forms for surveys to get feedback on prototypes and other things. Microsoft Forms which comes with the license is a simple and useful tool.

10 Chat Bot in Teams (employees), later for website (customers) using Power Virtual Agents (PVA). I started with a simple pre-made BOT to support understanding of Teams. It’s snappily called the Teams Training Assistant App – you can watch it in action in this video here. I’m not actually sure it was built on PVA but regardless, it is useful for the Teams newbies. I will look to build a customer facing BOT later using PVA.

Posted on Leave a comment

Hackathons the MVP and lean startup

I’ve been doing a lot of work recently supporting customers with their hackathon efforts. It’s been especially focused on use of Microsoft Power Platform and Teams as core technology platforms underpinning the hackathons. I captured a best practice story about that and this is based on the many hackathons I’ve been involved in over the years.

Click to enlarge

But what I wanted to cover here was a thought rocket on where hackathons fit in to the innovation cycle using MVP’s and the Lean Startup cycle as context.

I see this as a kind of sweet spot for hackathons – cue DanelDoodle.

One key focus of a hackathon would be that it is used as a starting point for MVP’s (a key principle of Lean Startup methodology), as a main outcome of the event. That is, the winner’s ideas get taken forward for further implementation.

Thus a relatively simple yet collaboratively rich and less risky way for finding ideas to experiment with that then get taken forward through building prototypes.

Cheap and rapid experiments systematically lower innovation failure rates and risk.

These can be stage gated along the way with checks and balances so that they are constantly being evaluated for risk and future development (or not). A key measure should be through data.

The Lean Startup cycle is one of the most flexible approaches and you can easily see how what I have suggested fits in, but other innovation process flows could be considered.

Posted on Leave a comment

How to overcome the innovation predicament – the term versus the spirit

I’ve observed before how everyone wants innovation but no one wants to innovate. The essence of that observation roughly 6 months ago was that although the talk of and need for innovation (from company executives) was high, interest in the topic wasn’t (from punters).

Not much has changed since except the gap has probably grown. Can you blame people when there are so many other pressing issues and people are overwhelmed.

That doesn’t take away from the fact that it is still very much needed, nor from the fact that it is happening in abundance, despite all the disinterest in the term or even all the other overwhelming pressures.

Distractions and pressures aside, people, whether in startups or large corporations, are out there innovating and doing their thing every single day. They are just not necessarily calling it innovation.

Who cares then, what it’s being called, as long as its being done. And I don’t believe the imperative for it being done comes just from executives.

Most, whether admitting it or not, want to be innovative. It’s an innate desire to evolve, be creative or inventive. It’s built into us. It was needed for survival in the real jungle, now the jungle has evolved but survival by these means is still necessary.

For evidence that there is a bunch of innovation hustle and bustle out there, look no further than the Creator Economy. If you want deeper level insights on this, follow Creator Economy by Kaya Yurieff from The Information (a newsletter). The creator economy is just another catchy phrase for people being innovative (since creativity is at its core) and by all accounts, it’s huge.

The difference in the terms and spirit of it is that on the one hand there is a lot of talking going on (about innovation) and on the other, on being innovative (by just doing stuff).

In an age where self promotion is par for the course, its understandable that talking dominates. And there is good reason to shout about successes and spreading the word. But when it comes to innovation, it is the doers that matter and just plain being innovative. As an individual or a company, whatever you call it, this is what determines success and in many cases survival.

So how can we do more or be more innovative

  1. As an individual, experiment. Try things out and see where it leads. By this I mean a methodical approach that begins with an hypothesis and then pursues a series of trials to either prove or disprove it. The benefit of doing something yourself, whether at work or in your personal life, is that the barriers to doing so are super low and this approach should provide data. Assuming positive, you can present the data as evidence in arguing your case and getting others on board as will inevitably be the case. This is quintessentially a learning by doing exercise and any which way it goes, it’s a win.
  2. As a company, cultivate intrapreneurs. I wrote an eBook that was partly on this subject and that’s how this website started. Read that or any of the posts I created as part of researching that book under various tags: innovation hacking, startup innovation or intrapreneur. In many of those you will find, whether in startups or large companies, stories where individuals are given the freedom and courage to innovate with the success this brings. But don’t just take my word for it, PwC have a series that cover this well (even if not using the term intrapreneur – but remember, its not about terms): Workforce of the future – The World in 2030. Ditto the World Economic Forum: David vs Goliath – Understanding the corporate battle of digital disruption.
  3. In general, forgive failure. People wont try if they fear failure. They have to give themselves permission to fail. In companies you can make it safe to fail (great article from McKinsey which explains how and also recounts a story about Microsoft CEO Satya Nadella’s approach to this). Speaking of Microsoft (disclosure), one other thing it does is organise global hackathons, with customers even, most recently. These are essentially safe spaces and times to innovate and fail gloriously even though the ultimate goal is to come up with great ideas that can be commercialised. Some examples of the latter here: The Garage Wall of Fame – Microsoft Garage. This should apply to the whole of society really if we are ever to overcome the innovation predicament and solve some of its biggest challenges and ills in the true spirit of innovation.
Posted on 3 Comments

How to run a Hackathon for Microsoft Teams and Power Platform

I’ve decided, while I work in the business of dealing with customers questions on Microsoft 365 all the time (disclosure), either directly or indirectly, I might as well share them if they can be of help to others. Where I can of course and naturally, not just the questions but the answers too. All questions and answers respect both sides sensitivities. This is where I started the activity and this post uses a slightly different format but is essentially the same approach.

Continue reading How to run a Hackathon for Microsoft Teams and Power Platform
Posted on Leave a comment

Overcoming challenges in an innovation imperative world – 2nd edition

Just a few weeks ago I highlighted how important innovation was and yet how disinterested everyone was in it: Innovation has never been more problematic or needed – 3 things you can do. I went on to suggest 3 ways in which you could address this challenge. Not more than a week later, this post came out on the World Economic Forum (WEF) site: Companies need innovation more than ever. Here’s how to measure it. It makes similar points that cover challenges and solutions. In my previous post I shared an example of a company tackling things the right way. In this post I’ll talk briefly about the WEF post and share another great example of a company doing things right.

Continue reading Overcoming challenges in an innovation imperative world – 2nd edition
Posted on 2 Comments

Innovation has never been more problematic or needed – 3 things you can do

Click to enlarge

Everyone wants innovation, no one wants to innovate. It’s similar to change. Therein may lie the rub. They are such broad terms, they may have lost their significance. But the problem goes beyond lack of interest, there is a lack of purpose or organisation/management, the pace of change, all and more contribute to this situation. Call it innovation fatigue if you will, in fact a book has got that covered already: Innovation for the fatigued – How to Build a Culture of Deep Creativity. And yet, the imperative is as high as ever.

Continue reading Innovation has never been more problematic or needed – 3 things you can do