failure

Innovation and Failure - Understanding the Impact of Risk to Employees and the Organization

DrewCM's picture
Chat Date: 
Thu, Mar 19, 2015

This week our topic and framing post come from Matt Hunt (@huntm). Matt has been a regular participant in #innochat and he shares a passion for learning through failure with many among us. Check out more of Matt's work at his online home.

Risk, failure and innovation

John W Lewis's picture
Chat Date: 
Thu, Apr 24, 2014

In some ways, it might seem that innovation is a gamble, like buying a lottery ticket, although hopefully with rather more knowledge of the odds available. In another way, a model of the risk of innovation is like an inverted insurance policy: an investment might pay out and, in this case, we hope that it does.

In general, any risk implies that failure incurs costs. And there is the well-known saying that the biggest risk is not taking any.

So how do we think about the risk of innovation: in different areas; and when considering different options in the same area?

From Data-based Decisions to Action-learning

DrewCM's picture
Chat Date: 
Thu, Jan 02, 2014

Over the course of 2013 there came a flood of coverage extolling the virtues of big data and the quantified self. Finally, it seemed that our ability to ask better questions was catching up to our ability to produce vast swathes of data in an attempt to convert into information (and eventually, knowledge). That deluge was evident in such giddy headlines as:

Mistakes Innovators Make, with guest Jeffrey Phillips

Renee Hopkins's picture
Chat Date: 
Thu, Aug 08, 2013

From Jeffrey (@ovoinnovation):

I’m leading this #innochat around a topic I’ve started a new blog about.  I call it Mistakes Innovators Make.

Resilient Innovators

Renee Hopkins's picture
Chat Date: 
Thu, May 23, 2013

Last Sunday I heard @Andrew_Zolli interviewed by @KristaTippett on her On Being radio show.

Back from the Brink - Innovation and Turn-arounds

DrewCM's picture
Chat Date: 
Thu, Nov 08, 2012

At HBR Blogs Online this week there is a post by Scott Anthony (with Innosight) with the almost wistful title, “RIM Isn’t Dead Yet”. As a long-time customer of Research In Motion’s BlackBerry I was both a little surprised that this was indeed the case and also a little confused because RIM has been on a deathwatch for the last 18 months.

The Art of the Spectacular (Innovation) Failure" - truly learning the lessons of less-than-success

DrewCM's picture
Chat Date: 
Thu, Jun 02, 2011

The RMS Titanic was designed by experienced engineers, using some of the most advanced technologies and extensive safety features of the time. The ship incorporated the most technologically advanced features of the period, including three electric elevators in first class and one in second class. The vessel also had an advanced electrical system powered by steam-driven generators and ship-wide wiring for electric lights plus two Marconi radios. It was longer than three Airbus A380’s placed nose to tail. In short, it was a modern engineering marvel.

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