How Not to Manage Innovation. By Umair Haque | 6:05 PM May 14, 2009 Welcome to the zombieconomy — where things happen backwards.
Case in point: today’s best example of how not to manage innovation comes from those who should be masters of radical innovation: venture investors. The venture industry is in crisis because of an ongoing inability to grow and nurture meaningful innovation. I’ve come across many examples recently — a tweet from an investor asking “where is Twitter’s ROI?” , or sessions I’ve run where investors have focused on business models, while failing to build a fuller strategic understanding. The Masters of Innovation - Steve Blank. How to Kick Off an Innovation Project. 5 Ways Design Thinking Can Raise the Collective IQ of Your Busin. Business executives love stability and the cold imperatives of logic.
Ambiguity gives them fits. Designers, by contrast, can't abide the status quo. "That tension never goes away between inventing the new and preserving the old," Sam Lucente, vice president of design for Hewlett-Packard, said yesterday at a panel discussion conducted by the Cooper-Hewitt National Design Museum during its National Design Week. "It's like navigating no man's land," he said. The panel, entitled "The Business of Design," addressed ways to integrate designers, and design thinking, into organizations that usually resist change.
Harvard+business+review.