The Innovation Blog

Leadership often involves making decisions in the face of insufficient information. This is especially true when it comes to enabling the pursuit of innovation. Doing nothing until the situation clarifies itself is in itself a decision. But, by the time the situation is clear the real opportunity has passed. As Will Rodgers once said “Even if you’re on the right track, you’ll get run over if you just sit there.”

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Topics: Jay Terwilliger, Future, trends, Innovation, Strategic Goals

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“You’ve got to be very careful if you don’t know where you are going, because you might not get there.”

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Topics: Jay Terwilliger, Future, Future Pull, strategic innovation, strategy, Strategic Goals, Vision

This past week I got sucked into what I thought was a pretty weak online debate. The question posed was, "Is Incremental innovation the enemy of Breakthrough Innovation?"

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Topics: Mark Sebell, Innovation, innovation consulting, breakthrough innovation, Championed Teamwork, leadership, strategic innovation, strategy, growth, Strategic Goals, criteria for innovation, decision-making, breakthrough, new product development, Essentials for Innovation, Risk, Management

The other day I was having a conversation with the Division President of a large company about innovation. I mentioned to him that in our 30 years in the innovation space, we have noticed that innovation initiatives tend to have a 3-5 year life. The pursuit of breakthrough innovation – “Big Bet” innovation that expands the opportunity for significant growth through expanding markets or creating new ones, takes time. The unfortunate result of changes in Corporate Will is that too often, just when investments begin to pay off with new platforms, new technologies, etc., the efforts are often abandoned.

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Topics: Innovative Culture, Communication, executive sponsor, Alignment, Success Factors, breakthrough innovation, leadership, strategy, Strategic Goals, decision-making, breakthrough, Transformational Innovation, changing the game, innovation decision-making