Unleash the Power of Collaboration ??
You know that old myth of the lone genius, tinkering away in his garage, birthing the next world-shaking startup? Well, it's time we kicked that tale to the curb.
Imagine instead a swarm, a buzzing hive of entrepreneurs, all working in tandem. Each one is like a bee, contributing to the honey of innovation that sweetens our daily life. This is the groundbreaking concept of "entrepreneurial swarming" coined by Derek Lidow in his insightful book, "The Entrepreneurs: The Relentless Quest for Value."?
This bee swarm is not just about creating honey, it's also about spreading pollen — knowledge, skills, and technology. And their collective power? It's not a gentle nudge. It's an "invisible shove" propelling us all towards ever-accelerating progress. Collaboration across buyer and supplier communities is not always easy to cultivate but key to break through performance.
Take Robert Noyce, the founding father of Silicon Valley, for instance. He didn't invent the integrated circuit – the foundation of the Information Age – all by himself. He was part of a swarm of community technologists, all pushing each other towards this significant breakthrough.?
But Lidow doesn't just stop at praising entrepreneurs. He's got a few words of caution too. Just like a bee can sting, entrepreneurs can create problems while pursuing value. A stark reminder that progress always comes with a price. Risk management and scorecard alignment are needed to keep in check and focused.
So next time you think about entrepreneurship and supplier innovation, picture a hive, not a garage. And remember, we're all part of this grand swarm, shaping the world one innovation at a time.
Keep buzzing,
Tim