BLOG ON STRATEGY & INNOVATION
Ideas, tools and frameworks to reimagine strategy, build innovation capability, and lead with purpose in an AI‑transformed world
Do not let fear of failure stifle corporate innovation
In this blogpost I highlight a few simple ideas that can go a long way to reducing the fear of failure that stifle corporate innovation in large organisations.
Tackling that challenge will require first a deep awareness of the problem and then the use of two simple frameworks to help anyone within an organisation identify where and when failure would be safe.
What can we learn from Owlet on testing new business ideas?
In this post, I highlight some key principles related to testing new business ideas that are superbly illustrated by the Owlet video from the International Business Model Competition in 2013:
1. Trust the testing process, not your vision
2. Test desirability before feasibility
3. Evidence trumps opinion
4. You don’t need more time and money to test your business idea
5. Tell your story with the Business Model Canvas