Following the financial crises of 2008, organizations pulled back from “thinking big” and embracedsmall, incremental ideas. The problem with this is these ideas still require investment of time, energy and money but with very little financial and emotional return. The result is a lot of “talk but no action” on the ideas.
To IGNITE Innovation we have to return to THINKING BIG!
In my new roll as Chief Inventor / Chairman of the Eureka! Ranch my focus is 100% on igniting fresh ideas, bold ideas, crazy ideas that stretch thinking. It’s not my job to be reasonable, prudent or politically correct :). As I’ve gotten into the new roll of being a pure idea catalyst - I’ve been having a ton fo fun. The new systems we have with spark decks, 6 types of stimulus mining, artificial intelligence “instant” concept feedback, etc. - make it easier then ever to THINK BIG.
As I’m having fun cranking ideas - I’ve had opportunities to talk with executives about what holds them back. Here are the five top reasons I’m hearing.