This week's blog post is my first video blog post. It's a fun video on one of the frustrations that employees feel when asked to innovate. Enjoy.
The scene was my 40th high school reunion. The speaker Joe MacIntyre. After reviewing accomplishments of members of our high school class he said, “I looked up our life expectancy and it says we have about 23 years left, the question is what are you going to do with it?
Over the past week I had one of those shattering insights that made me stop and think long into the night. The insight occurred during a conversation with Dr. Leann Mischel, Assistant Professor at Coastal Carolina who teaches Innovation Engineering.
As Kenny Rogers sings in The Gambler: “You’ve got to know when to hold ‘em….Know when to fold ‘em….Know when to walk away…. Know when to run.……….Every gambler knows,….That the secret to survivin’,….Is knowin' what to throw away….And knowin' what to keep.”
Over the past two weeks I’ve learned that as CEO making the decision to “fold/kill” your flagship offering is not as easy as it looks.
BACKGROUND: Recently I faced the decision to “fold/kill” our Innovation Engineering - Innovation College. It’s arguably the most successful innovation training course ever offered anywhere. Graduates of the course are currently leading innovations with a raw value of $75 billion USD. Graduates say the reason Innovation College is so effective is that it teaches them WHAT and HOW to Innovate not simply WHY to innovate. Innovation College gives them the mindset, systems and tools they need to activate and enable innovation in their organization.
This past week at the annual Innovation Engineering conference I spent more time listening and learning than talking (I know that may sound hard to believe.) From this I learned a lot…