What would you need to learn so that systematic, successful innovation is not a mystery?
"Innovation is 'The process of TURNING (NEW) IDEAS INTO MONEY (SOCIETAL BENEFITS).'" Eddie Obeng
Instead of thinking ideas. Imagine each idea is a rabbit. cute, fluffy and you wouldn't want anything bad to happen to them. But innovation is a journey. Tthe ideas must travel from the countryside to the centre of the city to become money.
So your choices are:
1. Release three hundred thousands rabbits. Watch them hop across the fields towards the city centre. Hippity-hop! Lots get shot for the pot. others snatched by eagles, some by foxes, others fall in the river, some are actively shot by the innovation stage gate steering committee - sorry I meant the farmers! Others get squished on the roads. Finally one sad looking rabbit arrives, exhausted, bloody and draggling a leg behind it A sort of Hop-drag-sob. That is traditional funnel/ stage gate based innovation.
(The ratio of ideas to profitable outcomes 2 yrs after launch is 300,000:1)
2. Breed a few tough, fast rabbits, protect them from the foxes and the farmers and help them cross the roads safely. Find the most dangerous bottlenecks in the process and de-risk the passage of ideas
We call this the RABBIT Model (Obeng).