In a recent blog post on the Innovate on Purpose blog, the author Jeffrey Philips borrows a famous quote from Winston Churchill and bends it towards the field of Innovation: “Innovation success is based on going from “failure” to “failure” without a loss of enthusiasm.” In a lot of companies he writes, the fear of failing inevitably creeps in. This is very true. Personally, I think this stems from the fact that people responsible for a project/idea more or less connect their career to the project. From experience with different innovation projects I would suggest to take a step back and let ideas roam through the company to evolve more. At Innovation Factory we like to see ideas as a seed.
Most often ideas need some attention and enrichments from others to grow to a more mature state before a good decision can be made whether an idea should be picked up to start a project. Hence the seed-metaphor; a seed also needs some attention and enrichment (water) to grow. The nice thing about the upcoming social software tools (Enterprise2.0 software) is that they suit this approach very well. First of all with tools like idea management software it is very easy for employees, and possibly suppliers and clients as well, to contribute ideas. But the real difference stems from the fact that you can use the collective brainpower to enrich (or grow) these ideas. A third interesting aspect of these type of tools is the fact that ideas (and their enrichments) get stored online. So far my story about software tools, because as the name implies they are merely the tools to become more innovative; It’s all about the way you use these tools whether your company will be successful at innovating.
To come back to the failure aspect, another quote in this context is very apt. It is a quote from Eric Schmidt, CEO of Google, directed to his employees: “I hope you fail often and I hope you fail fast”. As I described before, Google is a very innovative company. What Schmidt implies with his statement is that he wants Google employees to try out a lot of new ideas. In his quote the company culture is pronounced that it doesn’t matter if you make mistakes or formulate an idea that won’t make it. It is part of the process to come to new successful products or services as long as you learn from the mistakes and failures. The more you fail, the more you learn; while the faster you fail, less costs are made to learn. This learning from failures and uncovering rapidly whether an idea is worth an investment in time and money to develop further is very well supported by social tools like idea management software. Like stated before, all the failures (ideas that won’t make it now) are stored online. So others that come up with the same idea at a later stage won’t have to spend time and money to do research for that idea. While over time, the market might have changed or new technologies might have come available and an idea that was rejected before might be great to develop now.
Probably the most crucial aspect in the above described situation is creating a company culture where failure is not punished but stimulated. A CEO stating that exact message is a very important drive for a company to become more innovative.
April 27th, 2010 by Jurjan Huisman
Tags: Culture, Enterprise 2.0, idea management
In my humble opinion the television program ‘X-factor’ understands innovation better than the average company in the Netherlands. This may sound strange, but let me explain this by a simple example.
Do you think you could pick the eventual winner of the X-factor out of 14,000 contestants upfront? Do you think an expert like Gordon, one of the Dutch jury members, can pick the winner upfront? And lastly, would you put money on his ability to pick the winner upfront? Personally, I wouldn’t bet much money on his ability to pick the right one out of the more than 14,000 candidates. The funny thing is, that a lot of companies take these low-chance-of-success-bets in regards to their innovation processes. The X-factor program however, has a very efficient innovation process.
April 27th, 2009 by Jurjan Huisman
Tags: Britains got talent, Enterprise 2.0, Innovation, Innovation funnel, innovation process, X-factor
Management consultant McKinsey executed a survey to assess the adoption of Enterprise 2.0 tools.The results of the survey, based on answers of almost 2000 respondents, provide some interesting insights.
In the first place, Enterprise 2.0 is gaining traction in more companies; the initial small pilot projects have grown into serious applications that do change the way organisations are working and business is done. As a result companies plan to spend more on Enterprise 2.0 in the next year.
Secondly, the focus is less on technology and more on application of technology. The survey reveals that the technologies of P2P and web services have decreased in usage and that applications like blogs and wikis have grown. That’s a good sign showing that users are in charge of Enterprise 2.0, which is an imperative for successful introduction and use of Enterprise 2.0. In our experience, organisations where users drive Enterprise 2.0 are far more successful than organisations where IT is in control of Enterprise 2.0.
Third interesting point is that organisations are saying that the introduction of Enterprise 2.0 asks for and leads to other ways of organizing and collaboration. It’s not the technology, but it’s the change in the way people work that delivers value of Enterprise 2.0.
That’s also why application of Enterprise 2.0 tools can help organisations to become more innovative. The collaborative, grassroots way of communication of Enterprise 2.0 can be used as an important stepping-stone toward a more open culture, which is a prerequisite for an innovative company.
August 8th, 2008 by Han Gerrits
Tags: Enterprise 2.0, Strategy
E20portal.com is a new portal with everything you need to know about Enterprise 2.0. I think this website looks very promising, it can be a place to inform companies about the fast growing developments of Enterprise 2.0. The portal brings together news, articles, industry reports, case studies, and events on this topic. Also the authorities in this field Andrew McAfee and Bill Ives will write featured blogs on the portal.
E20portal can be of great help when convincing a corporation to adopt Enterprise 2.0 tools using the industry reports, success case stories and the blogs of experts.
August 6th, 2008 by Bas Kolff
Tags: Enterprise 2.0, Innovation