Innovation in Small Steps
Innovation is defined as the introduction of something
new, a new idea, method, or device. The word new has several different
meanings: a thing that never existed before or an old thing refurbished
and made as if it were brand new, or new to you but old somewhere
else. For example a newly-born baby is a person that was never in
this world before. After a rigorous 8 week exercise program, Jack
announced, "I feel like a new man." Jack has been around
for a while on this world, but now he is ready to take on new and
exciting challenges because he feels so much better about himself.
Or hiring outside people for senior positions is often called bringing
in new blood. The new hire has been on the world for awhile also,
but in a different environment so they have different thoughts and
behaviors to apply to your existing situation.
· Different Kinds of Innovation
In all three cases innovation is the key to new products
and services that customers want and are willing to pay you profitably
for. Like the new baby, you may have to invent it. Or like Jack,
dust off the old and get re-focused or re-motivated with new skills,
or like the new-hire, bring in outside ideas and capabilities. The
problem with all innovation is that it in some way changes the current
condition and those around must adapt to the introduction of innovation.
Thus innovation involves risk, and to many people risk is bad, not
good. Many senior managers spend much of their time managing and
mitigating risk as a thing to be feared above all. Yet there is
no growth or improvement without it.
Those who constantly seek and encourage innovation
create possibilities. Those businesses and organizations who protect
their status quo risk even greater distress than minor changes in
the work place. They risk loosing the business if the competition
does innovate and customers are paying profitably for their goods
and services and not yours. The problem is since innovation involves
risk, you have to decide if you will overcome the immediate risk
and possible failure of exploring innovation now, or the harsher
risk of loosing market share to competitors who take and overcome
those risks you avoided.
When the scientists at Xerox invented what was to
become the personal computer, the problem was not that they did
not know how to innovate. The problem was that management could
not recognize the potential of new possibilities. Had that PC been
a better copier, they would have jumped on it because it fit their
present mode of thinking and narrow strategic objectives. Because
it did not fit their preconceptions, they missed it.
· Managing the Fear of Innovation
Two aspects of directed innovation are seeing the
need for change and be willing to accept the risk of change. Manage
the risk of discomfort and possible failure of it not working in
small steps rather than being forced against the wall with not only
big risks, but direct and powerful threats. The interesting thing
is that innovation is like a muscle, the more you use it, the stronger
it gets. The stronger your innovation muscle, even if you do get
a competitive attack, you are much more able to handle and overcome
it.
Pick an area you are comfortable in now and consider
how you could improve it in small steps. It could be personal growth
like reading a bit more on a subject you are interested in, but
never spent any time on.
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For someone who has always been aware of but
never understood the stock market, this could be reading a book
or take a course on investing. |
|
For a salesperson this could be some extra reading
on psychology or carpentry. |
|
For a businessman study your competitors and
see what they are doing differently than you and learn more
about it. If nothing else, try and figure out why they are doing
it and you are not. The point is to stretch a little and grow
into a new area. |
Innovation, something new, comes in many forms, newly
invented, newly invigorated or brought in from the outside. Like
taking a new route to work in the morning, change always has elements
that you have never dealt with before. Your old patterns and quick
fixes may not work anymore. In all cases this creates change and
effective change is managed change. Look for possibilities and manage
the risks you can.
|
For the new route to work, leave early enough
so that if you get lost, you can still get there on time. |
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At work, if someone comes up with a different
approach, let them speak and do not dismiss them right away.
Even if the idea is not directly useful, thank them for thinking
out of the box or trying to help. If the idea can be applied,
find a way to let them help implement it. Or use it as a springboard
for other ideas. |
· Stay in the Innovation Gym
In our world, if you do not innovate, you will cease
to grow and no growth means eventual loss of market share and loss
of business momentum. Start with small steps in your personal life;
get comfortable with a little change. Then start encouraging innovation
at work. Take small steps and keep exercising that innovation muscle.
Copyright 2008 Donald C. Mann. All rights reserved
Don Mann advises CEOs and business leaders across the globe. In organizations ranging from start-ups to Fortune 100 he has delivered level-raising results of improved innovation, sales, profits and cash flow in good and hard times. His results include developing and improving highly productive and lean organizations with more rapid responsiveness, reduced stress and profitable customer delight. Sitting on a number of boards, he helps CEOs grow their companies and shareholder value. For more information, contact him at: www.RiteMann.com
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