How to Kill Business Innovation: Ask, Ask and Make Sure!

Well, I understood this quite early: Negative answers DO destroy creativity, motivation and fun – it kills discussions and ideas right away! For that reason I started to carry a tiny bell with me ringing away negative answers. No chance with me… This helped a lot, made discussions more fruitful and my life easier! Try it.

Instead I love questions. By asking and asking over again I understand every detail, get hidden insights and navigate my peers to new ways of thinking. GREAT IN EVERY RESPECT, I thought,  since I’ve read this article by Scott Anthony on killing innovations by asking questions (Harvard Business Review).

The story in a nutshell: Innovation has – by definition – something to do with new, never-seen-before, uncertainty and risk. You invest into something that may (or may not) generate X revenue. No one knows nothing about the outcome, so people and firms (especially large resource-rich companies) try to reduce risk by researching every possible scenario. They ask questions What about…? Even if one could find an answer they keep on asking further questions What about…? What about…? This kills innovation! The future can’t be analytically derived.

Luckily, entrepreneurs don’t have any resources to research thousands of What about-Loops – they just do it. With a lucky hand, they change the rules and create groundbreaking ideas! Of course one should always think and reflect new ideas from different perspectives – but keep the right balance!

Link to the full-length article here.

Kategorie: Praxis | Kommentieren »

Reinventing Your Business Model – Standardwerk – kurz, knapp und praxisorientiert

Johnson, M. W., Christensen, C. M., & Kagermann, H. (2008). Reinventing Your Business Model. (cover story). Harvard Business Review, 86(12), 50-59.

Johnson et al. bereiten mit ihrem Artikel im HBR einen einfachen, wie umfassenden Einstieg in das Themenfeld Business Model Innovation (BMI). Anders als einige andere Publikationen, wird in knappem Umfang ein breiter Überblick vermittelt und an relevanten Praxisbeispielen illustriert. Hilti, Tata, Apple, etc. Business Models werden anhand vier tragenden Säulen dargestellt: Customer Value Proposition, Profit Formula, Key Resources und Key Processes. Auf das Schema werde ich später nochmals im Detail eingehen.

Kategorie: Theorie | Kommentieren »