at the intersection of technology, business, and society
In the previous post, I introduced a graphical overview of innovation’s inner workings, embedded in a circle of useful knowledge that innovation draws from, and contributes to. That chart might create an impression of innovation as a messy, even unwieldy process. To highlight the structure underneath, today I’ll dissect it a little further. A simplified storyline of […]
We all know that successful innovation is not easy to achieve. And still, we sometimes seem to hope that the 1% inspiration is more important than the 99% transpiration. Well, it’s not. But instead of using a thousand words, this time I’ve tried to cast the story into a single graphic. Using my earlier working […]
Over the past few weeks, I’ve discussed how our innovation endeavour has become too focused on known problems. We have submersed ourselves in the bubble of the known problems to an extent that we are largely unprepared to deal with the unexpected. And that self-imposed myopia creates serious challenges. My argument essentially went through three steps: our established structures work very well for […]
You might picture our established structures as the hardware that we run our innovation supply chain on. They certainly direct the energy, the resources we invest in innovation. And they have significant implications for our “innovation software”, i.e., our understanding of innovation, our innovation mindset. That’s what I’ll discuss today along two main questions: the first deals with […]
We commit tremendous resources to innovation, no doubt. Just look at the sheer size of the Research & Development departments of the big players across many industry sectors, and consider the multi-billion budgets they invest. For example, consider Samsung’s R&D budget for 2016 (around 13 billion US$) and compare with the Gross Domestic Product (GDP) achieved around […]
understanding innovation 