Here are some of the articles we’ve been reading around this office this week.
What Your Innovation Process Should Look Like – “By now, most organizations have concluded that they face the threat of disruption. Some have even started to realize that because technological advantage degrades every year, standing still means falling behind. Hence the interest in innovation, complete with hip innovation labs complete with fancy coffee machines. But done right, innovation requires a rigorous process. It starts by generating ideas, but the hard work is in prioritizing, categorizing, gathering data, testing and refactoring.”
11 Corporate Habits That Kill Your Company’s Innovation Engine – “Big companies have great execution habits to manage and improve proven and successful business models and value propositions. But those execution habits can easily kill any potential new growth engines inside the corporation.”
The Lonely Future of Buying Stuff – “It’s 2036. We’ve automated ourselves out of shopping and shipping. Here’s how it happened.”
The Business Case Alternative: How to Support Disruptive Innovation at a Large Company – “Remember, it’s always much more expensive not to experiment than it is to experiment. The flow on benefits are numerous but above all, empowered people doing purposeful work, is going to translate to a much happier, engaged and productive workforce. And while nothing is certain, by empowering your organization to take many small bets, you’ll be far more likely to succeed.”
The Stage Where Most Innovation Projects Fail – “Innovators thrive on discovery and nurturing new ideas. Operators in the business units love hitting goals and finding new efficiencies. While their motivations are very different, it’s time to acknowledge that they need one another to succeed in the market. And CEOs need to foster constructive connectivity between the two groups if they intend for innovation to deliver real impact after the initial press release.”
Generation IoT – “A new generation of leaders, makers, thinkers, and doers is meeting that change with flexibility and optimism, and transforming it into opportunity. I call these pioneers, “Generation IoT.” These are the people who see the transformational power of IoT-driven processes, business models and new revenue streams. They are eager to champion and drive these opportunities in their organizations. These people know that IoT is not just one project, one training session, one change. They know that in order to succeed, they and their organizations need to adjust and re-learn, over and over again.”
Why Fortune 500 Companies Are Trusting the Cloud More Than Ever – “An organization can be cloud-first or cloud-last. Some companies philosophically prefer to be on-premises, or their priorities don’t align well with cloud advantages. Neither of these approaches is evil. But the broader trend is towards greater use of cloud services, allowing companies to get access to new technology capabilities more quickly.”