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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.
Scott D. Anthony
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Scott D. Anthony
Age: 49
Born: 1975
Born: February 22
Create
Models
Values
Plan
Business
Increase
Spotting
Ends
Weak
Deliver
Really
Follow
Odds
Think
Approach
Capture
Thinking
Plans
Points
Value
Model
More quotes by Scott D. Anthony
Innovation is doubly hard inside big companies.
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I find social media as fun and engaging as the next person, but imagine if all the creative talent that was pouring into finding increasingly clever ways for us to broadcast daily banality (and then serve ads based on what is learned) instead focused on some of the UN Millennium goals? The world would be a better place.
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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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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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I have a fear right now that what I call the advertising-narcissism complex is sucking up way too much top talent.
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Teams working on disruptive ideas need to be small enough that they can be fed by no more than two pizzas.
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Have a core concept, but wrap it in a full business model.
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Good innovators are careful observers, network extensively, run experiments, ask lots of questions, and find ways to bring diverse ideas together. Overarching all of this is an intrinsic interest in working through puzzles.
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We've got some great big problems in our world. We have to figure out how to feed 10 billion people. Too many people can't access clean water, quality healthcare, and reasonable education. We have to figure out what to do about climate change, income inequality, and more. Innovators need to rise to the challenge!
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Small teams move faster than big teams.
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Anytime you see a constrained market, where consumption is limited to those who have special skills or are wealthy, that signals an opportunity for innovation.
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People who live in more than two countries are more successful innovators.
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I think the most important thing to do is to recognize the fundamentally different circumstances of pursuing growth.
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The need to be thoughtful about experiment design is particularly acute within large companies, since some of the behaviors, such as having small teams and tapping into low-cost resources to maximize flexibility, won't come naturally to many people inside huge companies.
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All disruptive innovators make it easier and more affordable for people to do what matters to them, and follow a strategy that doesn't at first glance make sense to the market leader.
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Everyone knows innovation involves developing unique understanding of a market, thinking expansively to develop a solution, and then finding a way to test rigorously and adapt quickly.
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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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Companies get into grooves and they keep sharpening what they are doing, when in fact what they really need to do sometimes is to stop and do something completely differently.
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Three of our core corporate values are inclusiveness, collaboration, and humility.
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Hollywood Joohn Tatum? He does at least 6,000 sit ups and 10,000 pushups a day!
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