“When companies don’t pivot, we know the stories,” Dr. Evans Baiya said. “They’re archaeology, part of history—we talk about them that way. That’s because pivoting is TIME-BOUND. Disruption can happen overnight, and you must always be ready to pivot.” One year, seven virtual sessions, countless coaching and executive meetings, and a week together in-person in…
A wise innovation mentor recently said something that stirred reflection for me. He said, “The American Industrial Revolution has done a great disservice to us. It shifted the context of the hiring process to considering humans as units of production, where people feel as if they are just a number, easily replaced by someone more…
Should leaders expect innovation from their employees? It’s a common misconception that innovation is not a part of everyone’s job—but you can become a more innovative employee. Every day, employees have the opportunity to solve a problem. Otherwise, why would they be at work? Organizations hire employees for positions that each have specific purposes and…
Why do companies innovate? If you ask this of any company leadership, they will offer many reasons: “Because of our competition. Because of inspiration or motivation. Because our employees or shareholders want it.” The problem is, many leaders do not think about innovation during strategy creation. It’s a huge missed opportunity. Leaders often want innovation,…
Without imagination, innovation stalls in the present. Futuristic thinking is a critical skill for everyone—business owners, leaders, veteran team members, and new hires alike. Without it, teams can’t imagine what the organization will look like in five, 10, or 20 years. They can’t imagine their future customers, sources of revenue, competitors, or even what it…
As the Better Business Bureau Innovation Academy 2021 cohort nears the halfway point of their year-long journey, they are now starting to discover where they fall in the innovation continuum and the skills required for each stage of innovation. According to Ron Price, this is when the Innovation Academy clicks for most people—they can now…
While most leaders champion innovation in their companies, very few employees actively engage in innovation activities. There is a problem to solve, then—if employees aren’t involved and passionate about innovation, the result will be higher failure rates of innovation initiatives. Why don’t employees get excited about innovation? One factor could be that the term “innovation”…
A story from the Better Business Bureau Great West + Pacific’s Innovation Week 2021. As a kick-off to the BBB GW+P’s second Innovation Academy, the Innovator’s Advantage hosted Innovation Week for the company’s 160 employees. “The organization feels more receptive to innovation all around since we re-engaged,” Sam Fife, Director of Innovation, said. “We recently…
If there was ever a time to contemplate a reinvention, it’s now. The last year and a half has been challenging for a variety of reasons, and we’ve all collectively experienced it—although in different ways. If you want your future to be different, reinvention is the answer. If you want to find solutions to many…
Creativity is the cornerstone of innovation. As a leader, you want to foster imaginative thinking in your employees. The good news is that everybody has imagination. It follows that everybody is capable of coming up with ideas. Whether bad, good, or great, employees bring ideas with them to work every day. So, what’s the correlation…