Innovation is not simply random lightbulb moments. You must overcome the eighth enemy, a lack of structure, to be successful in innovation. In this series, Ron Price examines the 12 enemies of successful innovation.

Episode Transcript:

Interestingly, enemy number eight of successful innovation is, in fact, a lack of structure. Many people have often thought of innovation as a lightbulb moment. It’s random, surprising ideas come out of nowhere to save the day. But in reality, ideas are only the beginning of the journey and most of your ideas are nothing more than a stepping stone to the next idea, to the next one, to the next one, which eventually brings you to those ideas that have the greatest value. You have to take all of these ideas, all of these lightbulb moments, though a structured process to actually create the energy that powers innovation. And that’s why we’ve created the Six Stages of Innovation. You need structure to move from the idea to the implementation to the maximization of the value. It requires time, discipline, resources, and good management to get the outcome that you’re looking for. So, no matter where you are in the innovation process, you need structure. And each of the six stages of the innovation process has its own structure, framework, its own tools, its own methods, and its own outcomes. It’s when you take advantage of all of this that you overcome the eighth enemy of successful innovation, which is a lack of structure.

Discover the other enemies of innovation in this 90 Seconds of Innovation series here or by subscribing on SoundcloudApple PodcastsSpotifyGoogle Podcasts so you don’t miss an episode. Tweet your innovation questions to @ebaiya. | Header Photo by Ivan Samkov via Pexels.

Ron Price

Author Ron Price

Ron Price is an internationally recognized business advisor, executive coach, speaker, and author. Known for his creative and systematic thinking, business versatility, and practical optimism, Ron has worked in 15 countries and served in almost every level of executive management over the past 40 years. As the former CEO of a multi-million dollar international company, Ron understands the challenges and risks of running a business and building a dynamic team. He works shoulder-to-shoulder with executive leadership teams to bring strategic clarity and transformational results to organizations, especially those dealing with turmoil and transition. He is a noted expert on how human behavior translates to company culture, and has written seven books. He is the co-author of The Innovator’s Advantage.

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