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Four Ways to Fuel Innovation

Four Ways to Fuel Innovation

Derived From
James Surowiecki, Wisdom of Crowds

1 : Redefine Success

To spark an innovation revolution in your industry redefine what a successful product or service should look like. Raise the bar or shift the game sideways.

2 : Diversify Sponsors

A diverse range of innovation sponsors is essential to encourage and promote a diverse range  of solutions.

3 : Public or Private

Innovation is not a public sport unless you are losing. To boost your results either nurture your ideas in private or go all out and test them very quickly in a public way.

4 : Tailored Teams

Creating ideas is often at odds with implementing them. Consider creating one set of diverse teams for creating ideas and one set of homogenous teams for getting things done.

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