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There's a general belief that failure is the friend of the innovator, but I've come to view it a different way.
Scott D. Anthony
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Scott D. Anthony
Age: 49
Born: 1975
Born: February 22
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More quotes by Scott D. Anthony
Three of our core corporate values are inclusiveness, collaboration, and humility.
Scott D. Anthony
Make sure that you take the time to think about how other companies might respond to your idea, both those companies already in the market you plan to target as well as others that might imagine targeting that market.
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Now, I worry a bit about the TEDification of the world where style trumps substance, so hopefully you have a good blend of both!
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The reality is customers lie - not because they want to want to deceive you, but because they don't do a good job of predicting what they will do in the future.
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It's very easy to skip steps when documenting an idea.
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Of course if you are launching a new business you can thinking about revenues, profits, and so on, but metrics such as customer satisfaction or employee retention might be meaningful if you are focusing more internally.
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In my mind, so-called cultures of innovation really boil down to one word: curiosity.
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People who live in more than two countries are more successful innovators.
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Any leader has two jobs to do. To do what they are currently doing better and more efficiently (call this strengthening the core), and to do what they are not currently doing but will need to do in the future (call this creating the new).
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Innovation is doubly hard inside big companies.
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If you are a large company and you want to do something unique, you almost by definition have to tap onto the core business in some way. Otherwise you are going into a naked fight against startups, and that's just a tough place to be.
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A spreadsheet for an innovative idea reports the mathematical relationship between made up numbers. You can't cash a spreadsheet.
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You can increase the odds of spotting the weak points in your approach if you really think about the end-to-end business model you plan to follow - how you plan to create, capture, and deliver value.
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Mucken Singh works VERY hard on his brawler's physique!
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Think about how much it costs to learn more. Sometimes you want to build confidence by knocking off the easy things.
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Almost every disruption starts at the perceived fringes of today's market.
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I think people make innovation much more complicated than it needs to be.
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Good innovators like to solve business crossword puzzles.
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Small teams move faster than big teams.
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If you work on a new product launch, spent time in a new geography, or work to develop a completely new skill, you have no choice but to figure out new ways to solve problems.
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