Issues vs. Ideas
Darrell Amy, CEPA, VCG
Value Creation Advisor for Purpose-Driven Business Owners and their Financial Advisors. Certified Exit Planning Advisor | Public Speaker | Author: Revenue Growth Engine, Value Creation Engines (currently in development)
In business, we must tackle the issues. However, we also need to generate ideas. In Good To Great, Jim Collins says we must preserve the core (tackle the issues) and stimulate progress (generate ideas). In the established, midsize companies I serve, I see a lot of structure in place to solve issues but little structure around creating ideas.
Serving as a Visionary (Kolbe 2486, Working Genius: Invention, Wonder) I have developed a deep appreciation for the operational side of the business. My companies and one of the non-profits I lead use the Entrepreneur’s Operating System to drive operational efficiency. One of the things I appreciate most is how the weekly Level 10 meetings focus on identifying, discussing, and solving issues.?
Yes, issues need to be addressed. In any business, there will always be issues.
However, there is another word that starts with the letter “I” that is critical for businesses to address: ideas. While the operational team focuses on preserving the core by dealing with issues, there should be a team focusing on stimulating progress by generating ideas.?
Ideas are the fuel for growth. Great ideas are the output of Strategic Innovation.
Patrick Lencioni’s Working Genius? model has revealed that some people get joy from solving issues (Galvanize, Enablement, Tenacity). Others get joy from creating ideas (Wonder, Invention, Discernment).
领英推荐
Here’s what I’ve been thinking:?
The result of this would be a steady stream of ideas to be rolled out in the business. Of course, implementing these ideas would create issues. Fortunately, you have a team in place to address issues.
Hats off if you have implemented an operating system in your business to deal with issues. (If you aren’t using an operating system like EOS, you should definitely put that in place in 2024.) Now that you have an operating system to deal with issues, maybe it’s time to put a system in place that generates ideas.
For more thoughts on how this could work, visit www.strategicinnovationengine.com.
Vice President of Finance at EAST Initiative
11 个月While not structured as coherently as in this article, my thoughts lately have been gravitating toward wondering how we can create an "innovation incubator" within my organization. Thanks for the validation Darrell Amy!
Digital Marketing || Social Media Marketing Manager Expert || Facebook & Instagram Ads Campaign Specialist ||
11 个月This is a great