Whenever we must extend beyond what we already know, it’s fundamentally the same cognitive exercise, whether we’re trying to cure disease, invent a new kind of financial instrument, win a promotion, launch a coup, or win someone’s hand in marriage. It all comes down to the ability to figure out; it’s the ultimate transferable skill.
Being willing to fail, to be wrong, is one of the key characteristics of an innovator. You don’t have to like failure, and you certainly don’t want to go looking for it. But you have to be willing to accept it and move on in order to find the rare gems you’re seeking.
Innovation is driving change in the business ecosystem and the dynamics of this change are remarkably similar to those found in nature.
Mindset is crucial because it occurs upstream from innovation. It’s the frame of mind we hold that determines whether or not we’re going to be innovative.
One of the central challenges innovators manage to overcome is the tendency to cling to past assumptions and beliefs and orthodoxies. Being willing and able to escape that mental inertia is one of the things that most distinguishes innovators. They’re skilled uinlearners.
Innovators think differently. Corporate executives devote considerable time and resources to making future predictions, which they use to guide their decisions. Whereas entrepreneurs set out to create a future they believe is feasible given what they have to work with and the effects of the actions they take...
There’s something remarkably powerful about a good story. It can take the driest of facts and breathe life into them, and it can do the same thing with an idea. Skilled innovators take their ideas and turn them into stories, often reshaping their assumptions and beliefs in the process.
The paradox of innovation is that it requires the courage to take risks, yet it’s also grounded in caution, the realization that threats can appear suddenly. Like a squirrel, we need to be constantly scanning for potential threats and opportunities.
So how in the world do you measure, much less develop, someone’s innovation mindset? We’ve found a way to do exactly that, using a unique research-based assessment that calibrates a person’s attitudes, assumptions and beliefs as they relate to the whole range of behaviors that are necessary for successful innovation.
Successful innovation is remarkably like reverse engineering. But instead of applying that strategy to an existing product or technology, it’s applied to an imagined future state.
