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How success and failure relates to innovation


Striving for success seems like a very natural and healthy thing to do, and so does striving to avoid the opposite: FAILURE. Unfortunately it isn’t all that easy to avoid failure, but even more important: The urge to avoid failure is actually counterproductive. How companies react to success and failure is indeed related to how innovative the companies are. Non-innovative companies Read the rest of this entry »

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Tuff innovations: Catching the water in the air

Water is essential to life on earth, yet humans populate many regions where there is a huge water shortage. If necessity is the mother of all invention it should come as no surprise that the number of innovative solutions to remedy this problem is huge. One of those solutions recently caught my attention; People have literally learned how to catch the water in the air!
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Innovation makes our world go round

go round

“The single biggest reason companies fail is that they overinvest in what is, as opposed to what might be”

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Posted by on 2011/09/21 in innovation

 

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The tricky balance between “Yes-man” and “No-man”

Yes-man vs No-man

The hard question of innovation is this: Should we pursue this new idea or not? If you do not move on with it you may be missing out on a great innovation that may bring prosperity to your company, or that key innovation that helps your company survive. On the other hand you may be much better off not pursuing the idea at all. Maybe it will be one of those horrible failures that just sucks the life out of you?

Getting the right kind of input from others before making that decision may be vital.

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Posted by on 2011/09/08 in human nature

 

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From invention to innovation

The words invention and innovation sounds kind of similar, but although the concepts are related to one another they are not the same thing. Both words can be further qualified with descriptive words like Disruptive, Radical, Incremental and Sustaining. Examining all these different concepts and how they relate should make for an increased understanding and better communication. That in turn should lead to better decisions. Here is my 2 cent on how to make it easy to think about these things. Read the rest of this entry »

 
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Posted by on 2011/09/05 in innovation

 

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Tuff innovations: Nuclear power fights malaria

Malaria is a deadly disease that is caused by parasites that are transmitted when female mosquitoes feed on blood. The disease killed around one million children in Africa during 2008. Every 45 second an African child dies in Malaria. Read the rest of this entry »

 
 

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Innovation failures: The Royal Warship Vasa

The Royal Warship Vasa

The Swedish King Gustav II Adolf was known as an aggressive warrior king. Once upon a time in Sweden that very King allegedly uttered these words

“Next to God the welfare of the nation depends on its navy”

In 1625 he ordered four new warships and the finest of them all was named after the ruling dynasty; The Royal Warship Vasa. Read the rest of this entry »

 
 

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