Adaptation vs. Innovation - Which is which?

Adaptation vs. Innovation - Which is which?

Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.?William Pollard

What is the difference between innovation and adaptation to the new frontier?

Are you a leader that loves the word “innovation”? It’s not a concept for the faint-hearted but the visionary, curious and charismatic leaders.

Where do we start in order to be truly innovative???

Naturally, the starting point is to agree on the definition of innovation and classify it as the real “game changer”. Innovation refers to ideas that are able to be deployed to add economic, societal, and sustainable values to an organisation. This possibly distinguishes genuine innovation and tactical improvement.

The Nick Molnar, Steve Jobs, Branson, Bezos apex at the tip of the pyramid is generally rarefied air. Oxygen level is so thin for these visionaries that they?simply don’t and didn’t see the world as many other business leaders do. In this case, it is undeniable that the spirit of an entrepreneur and an innovator are closely aligned. Their mindset is not to do stuff better per se – that’s tactical improvement.

If you accept that definition, rather than dreaming of a conceptual idea, you should consider what Brad Banducci, CEO of?Woolworths Australia , said in?a recent article :

“What I got to do there was sitting next to an entrepreneur and realising entrepreneurs see the world the way they want it to be, and the mental importance of thinking about the world the way you want it to be.”

That is the starting point of true innovation. Because even when you see the existing world moving faster and tactically different, yet still working within the boundaries already predetermined, that’s not going to foster true innovation.

Then we may ask “Is the advent of robotics in distribution centres especially innovative? Or are they smart adaptation? And is there a difference?”

In reality, what you often get is?clever adaptation, the bright idea, the question that starts with “what if”. What if we did this differently? What if we created a different solution?

Although, thinking from the inverse, if you like, when you reshape the context, there comes true innovation.

The Nick Molnar’s Afterpay did not start, I presume, with how we adapt or speed up the actual process. Rather it started with the entrepreneurial question of “How could this be entirely different?”. And that question, which is on the lips of every innovator, is perhaps the simplest approach to innovation, and the most correct definition of what it is.

Brian Walker is founder and CEO of??Retail Doctor Group , a retail advisory and consultancy group and the Australian elected partner member of the global retail expert’s alliance Ebeltoft Group.


要查看或添加评论,请登录

Brian Walker的更多文章

  • If's its not scalable, its not saleable

    If's its not scalable, its not saleable

    We have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But…

    4 条评论
  • RDG News | 2024 April

    RDG News | 2024 April

    By Retail Doctor Group Latest Australian Retail Innovations Whitepaper Retail Doctor Group is proud to showcase the…

    1 条评论
  • RDG News | 2024 March

    RDG News | 2024 March

    Latest Consumer Loyalty Whitepaper Did you know that 2/3 of Australians are influenced by customer loyalty programs?…

  • 2024 February

    2024 February

    Nominations Now Open The 2024 Australian Retail Innovations Awards nominations are now open, and we are proud to invite…

  • 2024 January

    2024 January

    State of Nation 26:How to Build Customer Loyalty? Click the image to register Join us for the 26th State of the Nation…

    2 条评论
  • November 2023

    November 2023

    The Future of Australian Retail: 2024 and Beyond What’s ahead for the Australian retail industry?" is the burning…

    3 条评论
  • October 2023

    October 2023

    WHAT'S AHEAD FOR THE RETAIL INDUSTRY IN 2030 AND BEYOND A series of unprecedented headwinds have made the retail market…

  • September 2023

    September 2023

    DOWNLOAD OUR 2023 GLOBAL RETAIL INNOVATIONS WHITEPAPER As the Australian elected member of Ebeltoft Group, Retail…

  • August 2023

    August 2023

    WATCH BRIAN'S LATEST WEBINAR: HOW TO GROW A SUSTAINABLE BUSINESS Last Tuesday, our CEO Brian Walker held his latest…

    1 条评论
  • July 2023

    July 2023

    DOWNLOAD OUR 2023 CONSUMER AND GLOBAL RETAILER SENTIMENT WHITEPAPER How are consumer behaviour and sentiment changing?…

社区洞察

其他会员也浏览了