Has your playing field changed? How can businesses better Innovate??
Mitchell Filby
Strategy, Innovation, Digital Transformation, Author, Board Director, XaaS, Business Model Disruptor, Publisher, Journalist and Serial Entrepreneur, Business Mentor, Coach, Advisory, Global MPS expert
Hey Mavericks and Dream-weavers, the 21st century is a hotbed for innovation, and guess what? You don't have to be an Elon Musk or Steve Jobs to ride this wave! Businesses, big or small, can plug into the innovation matrix. How? Let's unwrap the mystery!
1. Cultivate an Innovation Ecosystem ??
Firstly, build an environment where ideas can breathe. Encourage open dialogue and deconstruct hierarchies. The receptionist may just have the million-dollar idea you're looking for.
2. Diversify Thinking ??
The more the merrier, but also, the more diverse, the more innovative. Diversified teams bring a multitude of perspectives that help you tackle problems from angles you never knew existed!
3. Embrace Iterative Failure ??
Do you know what's better than success? Failure! Failure is the universe’s way of saying, "Hey, here’s a learning moment!" Remember, the faster you fail, the quicker you'll learn what works.
4. Leverage Emerging Tech ??
Adopt technologies that are redefining the way we live and work—AI, blockchain, VR, you name it. Don't just be a spectator, be a participant. Be the business that’s seen as a tech-savvy pioneer.
5. Customer-Centric Innovation ??
Always keep your customer in the loop. Prototyping a new feature? Ask for feedback. Launching a new product? Co-create it with your community.
6. Expand the Innovation Radar ???
Innovation isn't just about products or services. It can be applied to your business model, workflow, employee engagement, and even your coffee machine.
However, remember the best form of innovation is collaboration.