Innovation
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Parmenides’ Fallacy
If you believe innovation is unnecessary just because disaster hasn’t struck, you’re already caught in Parmenides’ Fallacy. Parmenides, the Greek logician, argued that reality is unchanging and the world evolves without our intervention. We compare today to the past, rather than to what would have likely happened if we had done nothing. When it Continue reading
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How to scale Technology Innovations that deliver business value?
Even after proofs of concepts (POCs) that solve identified business problems, scaling the innovative solutions can feel like trying to build a sandcastle during high tide. Two key areas that can help scale your innovation efforts: You will always have limited resources to help all the innovation efforts that can be there at a given Continue reading
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What you see is all there is or shall I say what you show is all there is?
Let me start with a beautiful scenario from Innovator’s Dilemma (slightly adapted version)In the same week, two respected employees, one from marketing, the other from engineering, run two very different ideas for new products past their common manager two levels above them in the organization. The marketer comes first, with an idea for a higher-capacity, Continue reading
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Isn’t nearly everything a technology-led innovation?
When we think of technology-led innovation, we misjudge it as some emerging technology or a new shiny tool.However, if we extend technology’s definition as Clay Christensen put it – “the processes by which an organization transforms labour, capital, materials, and information into products and services of greater value”, then innovation refers to a change through Continue reading
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Reverse Innovation: A key tool for your innovation toolkit
Reverse innovation refers to the strategy of bringing your local innovations which have worked for a local market to the centre to expand and scale for your wider customer base or wider organizational context. This approach flips the traditional innovation flow, which typically sees products or services to be designed first and then trying to Continue reading
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What can businesses learn from exaptation?
The biology term exaptation was coined by great evolutionary biologist Stephen Jay Gould to explain a trait that can evolve because it served one particular function, but subsequently, it may come to serve another. For example, although today most birds use their feathers to fly, it would be incorrect to say that this means that Continue reading
Thinking Space 