What are the secrets to leading a diverse and innovative team?

Why should entrepreneurs embrace differences? Things that are all the same are known as commodities, and commodities typically have a lower profit margin! Research has shown large established companies are risk averse, and have trouble innovating. By embracing differences, entrepreneurs are able to identify new and more profitable ideas. So, the process begins with good note keeping of suggestions and views that are different. At the early/stealth/incubation stage of business formation, this can be hard because you may have your own firm ideas about what should happen. Next, differences can be soft suggestions or hard conflict with partners with strong views. Work on communication and problem solving skills to grow a process that fits.

Study entrepreneurialism as an out of box adventure; not from the accountancy or bureaucracy mindsets. Original entrepreneurs are always the ordinary folk from all walks of ordinary life; they categorically reject working to conformity and strive to optimize the minimal available resources into extraordinary outputs. They are fearless and committed to their goals to identify, produce and change their surroundings in a big way.

Entrepreneurs, always driven for extreme results, equipped for extreme tolerance and aloof to traditional complaints, conventional problems and distraction narratives that occupy the world, focused and deeply driven, when moving mountains, not bothered by mosquitoes, when leading charge not bothered by titles and opposition, they stand out as out of the ordinary, you simply cannot miss them. Study job seeker mindsets and job creator mindsets

9 SECRETS OF SUCCESSFUL CREATIVE TEAMS Scientific research reveals 9 secrets of top-teams. 1. Include cognitively different groups who tolerate and exploit overlapping membership amongst them. 2. Tensions allow for the development of products that stand out. 3. Accommodate larger cohesive groups; but this effect declines as the size of groups grows. 4. Include newcomers. 5. Include a few absolute standouts. 6. One-firm-teams only are more distinctive because less negotiation is necessary. 7. Older firms are less likely to provide distinctive solutions. 8. Teams with high cohesion lead to a narrow focus. 9. Creative success is facilitated when some misunderstanding is tolerated. Managing tolerance and diversity is the challenge

EXPERIMENT BY PRETOTYPING What is pretotyping? YOU FAKE IT BEFORE YOU MAKE IT ???. Check it out here … Pretotyping is a technique for testing hypotheses and validating ideas quickly and cost-effectively, founded by Savoia. It involves creating a simplified version of a product or service to collect user feedback and understand market demand. For example, in the food industry, a company may pretotype a new salad recipe by offering a limited quantity to a small group of potential customers to gauge their interest before investing in full-scale production. Pretotyping helps reduce the risk of failure by assessing market response early in the development process. Check out an example of Tesla later in this article.

In my experience, the biggest value of diversity is that it dilutes opinion. Hence, to truly have a diverse team and to reap its benefits, you need to maintain a peer driven culture. Every team member, irrespective of their seniority, social status or background, should have the opportunity to present their views. For example, in a situation where you're brainstorming, everyone must present their idea along with their thought process. The latter is important. Over time, this helps team members to think from different POVs and promote collaboration.