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Use This Model to Find the Opportunities for Innovation That Everyone Else Misses. Entrepreneurs are always seeking market openings and opportunities to introduce new products.

Use This Model to Find the Opportunities for Innovation That Everyone Else Misses

Mathematical Model Reveals the Patterns of How Innovations Arise. Innovation is one of the driving forces in our world.

Mathematical Model Reveals the Patterns of How Innovations Arise

The constant creation of new ideas and their transformation into technologies and products forms a powerful cornerstone for 21st century society. Indeed, many universities and institutes, along with regions such as Silicon Valley, cultivate this process. And yet the process of innovation is something of a mystery. A wide range of researchers have studied it, ranging from economists and anthropologists to evolutionary biologists and engineers. Their goal is to understand how innovation happens and the factors that drive it so that they can optimize conditions for future innovation. This approach has had limited success, however. Principles for an Age of Acceleration. MIT Media Lab is a creative nerve center where great ideas like One Laptop per Child, LEGO Mindstorms, and Scratch programming language have emerged.

Principles for an Age of Acceleration

Its director, Joi Ito, has done a lot of thinking about how prevailing systems of thought will not be the ones to see us through the coming decades. In his book Whiplash: How to Survive our Faster Future, he notes that sometime late in the last century, technology began to outpace our ability to understand it. We are blessed (or cursed) to live in interesting times, where high school students regularly use gene editing techniques to invent new life forms, and where advancements in artificial intelligence force policymakers to contemplate widespread, permanent unemployment.

4 Keys to Understanding Clayton Christensen's Theory of Disruptive Innovation. Disruptive innovation has been a buzzword since Clayton Christensen coined it back in the mid 1990s.

4 Keys to Understanding Clayton Christensen's Theory of Disruptive Innovation

But with everyone discussing disruption when it comes to each new business or product that emerges, how can we distinguish between new entrants that pose a threat and those that are best ignored? Here are four key things to remember when assessing whether the next new company is likely to disrupt your business: Simple Rules for Business Strategy. The book Simple Rules by Donald Sull and Kathleen Eisenhardt has a very interesting chapter on strategy, which tries to answer the following question: How do you translate your broad objectives into a strategy that can provide guidelines for your employees from day to day?

Simple Rules for Business Strategy

It’s the last bit there which is particularly important — getting everyone on the same page. Companies don’t seem to have a problem creating broad objectives (which isn’t really a strategy). Most of the time, innovators don’t move fast and break things. Innovation has become a defining ideology of our time.

Most of the time, innovators don’t move fast and break things

Be disruptive, move fast, break things! And everyone knows – right? – what innovation looks like. Just Google the word. The Top Idea in Your Mind. July 2010 I realized recently that what one thinks about in the shower in the morning is more important than I'd thought.

The Top Idea in Your Mind

I knew it was a good time to have ideas. Now I'd go further: now I'd say it's hard to do a really good job on anything you don't think about in the shower. Everyone who's worked on difficult problems is probably familiar with the phenomenon of working hard to figure something out, failing, and then suddenly seeing the answer a bit later while doing something else. There's a kind of thinking you do without trying to. I think most people have one top idea in their mind at any given time. What made this clear to me was having an idea I didn't want as the top one in my mind for two long stretches. Re:Work - The Roofshot Manifesto. Google’s “moonshot factory” is inspiring and ambitious, but there’s a less talked-about route to many of Google’s great achievements -- the consistent, short-term, incremental “roofshots” that make our products better year after year.

re:Work - The Roofshot Manifesto

Don’t get me wrong. I want flying drones that can bring me fresh produce. Failure, innovation, and engineering culture. Hares, Tortoises, and the Trouble with Genius. “Geniuses are dangerous.”— James March How many organizations would deny that they want more creativity, more genius, and more divergent thinking among their constituents?

Hares, Tortoises, and the Trouble with Genius

The great genius leaders of the world are fawned over breathlessly and a great amount of lip service is given to innovation; given the choice between “mediocrity” and “innovation,” we all choose innovation hands-down. So why do we act the opposite way? Innovation is overvalued. Maintenance often matters more. Innovation is a dominant ideology of our era, embraced in America by Silicon Valley, Wall Street, and the Washington DC political elite.

Innovation is overvalued. Maintenance often matters more

What Is Disruptive Innovation? The theory of disruptive innovation, introduced in these pages in 1995, has proved to be a powerful way of thinking about innovation-driven growth. These are Google’s 4 best practices for fostering creativity and innovation. “How many golf balls could you fit in a school bus?” This is the kind of question Google and its big tech brethren were once known for asking would-be employees. The reasoning behind the technique seemed intuitive. Tom Wujec: Build a tower, build a team. Www.innovation-point.com/Innovation_Lifecycles.pdf. The Red Queen, Success Bias, and Organizational Inertia. The Technology Adoption S-Curve and the Assimilation Gap.

By John Trigg, on April 29th, 2009 The technology adoption S-curve identifies seven phases in the adoption process: ContactAwarenessUnderstandingTrial Use/TrainingAdoptionInstitutionalisationInternalisation The assimilation gap is the gap between acquisition (the objective) and deployment (the reality). In practice, it is not uncommon to find that the first time that users have any engagement in a deployment project is when they attend a training course – we’re putting this new system in and you’re on the training course tomorrow!

If this is the case, then the basic steps in the adoption process have been by-passed, and user adoption will fall short of the project goals. Robert G. The forces at work when choosing a product. By Rian on 15 November 2013 The jobs-to-be-done framework isn’t new, but I’ve only recently started digging into it much more since it’s been gaining a lot of traction everywhere I look. For a nice primer on the topic see Eric Portelance’s recent article for Teehan+Lax called The Iceberg of Jobs-to-be-Done, in which he explains how crucial this framework is for good product design: [Most successful products are created by] people who understand the importance of creating products that solve real customer problems, and have a set of tools and frameworks like jobs-to-be-done that they use to identify and validate the real human problems they’re trying to solve in the market.

The progress-making forces diagram has been particularly useful for me in client work, since it helps people understand how difficult it can be to change existing user behavior. Innovation and the S-Curve. The Law of Accelerating Returns. An analysis of the history of technology shows that technological change is exponential, contrary to the common-sense “intuitive linear” view. So we won’t experience 100 years of progress in the 21st century — it will be more like 20,000 years of progress (at today’s rate).

The “returns,” such as chip speed and cost-effectiveness, also increase exponentially. There’s even exponential growth in the rate of exponential growth. Within a few decades, machine intelligence will surpass human intelligence, leading to The Singularity — technological change so rapid and profound it represents a rupture in the fabric of human history. Get Ready for an Innovation Explosion.

How visionaries see the future. By Francisco Dao On March 28, 2013 I just returned from the inaugural Dent conference where a session by Pixar co-founder Alvy Ray Smith started me thinking about how true visionaries see the future. Putting Elon Musk and Steve Jobs on a Pedestal Misrepresents How Innovation Happens. Since Steve Jobs’s death, in 2011, Elon Musk has emerged as the leading celebrity of Silicon Valley. Musk is the CEO of Tesla Motors, which produces electric cars; the CEO of SpaceX, which makes rockets; and the chairman of SolarCity, which provides solar power systems.

Malcolm Gladwell: One Character Trait That Will Make You Disruptive. WHERE GOOD IDEAS COME FROM by Steven Johnson. The Magic of Idea Math. Product Development: 9 Steps for Creative Problem Solving [INFOGRAPHIC] Ronald Brown is a successful startup CEO with an extensive background in technology and consumer marketing.

What Innovators Can Learn From Artists. When Creativity Trumps Ego, Everyone Wins. The Five Habits Of Highly Innovative Leaders. The Inescapable Paradox of Managing Creativity. Executive Summary. Let's Stop Focusing on Shiny Gadgets and Start Using Tech to Empower People. 3 Signs You're Too Busy to Be Brilliant. Your Innovation Problem Is Really a Leadership Problem - Scott Anthony. By Scott Anthony | 9:00 AM February 13, 2013. The Proof Is In The Profits: America's Happiest Companies Make More Money. To Create Innovation, Learn How To See A Fourth Option.

The Three Essential Properties of the Engineering Mind-Set. Researchers study concept of design fixation. How To Innovate Like A Shark. A Brief Rant on the Future of Interaction Design. How Do You Create A Culture Of Innovation? Why do we welcome innovation to products more readily than to processes? Teaching Smart People How to Learn. Ideas are not singular. 10 Ways To Create An Open Culture. Google – a new paradigm to cultivate innovation & collective intelligence. The Google Way of Attacking Problems. 4 Ways To Amplify Your Creativity. Seth Godin on Failing Until You Succeed. Changing Perspective: A New Look At Old Problems. Innovation and the Bell Labs Miracle. Innovation: How the Creative Stay Creative.

When Collaboration Kills Creativity - Susan Cain. Does Collaboration Actually Hurt Productivity? The Fortunes Of Solitude: Susan Cain On Introverts, The "New Groupthink," And The Problems With Brainstorming. Searching For The Soul Of Startups. Minimum Viable Product vs. Minimum Delightful Product. The Art of Complex Problem Solving. Draw How To Make Toast - a Wicked Problem Solving™ Tool. Living map of jobs innovators – BETA.

Wicked Problems and Social Complexity. Design Kit. Human-Centered Design Toolkit. Gamestorming.