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the-myths-of-innovation.md

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The Myths of Innovation

  • Innovation is significant positive change; so if something is done regularly, it can not represent significant change
  • any seemingly grand idea can be divided into an infinite series of smaller, previously known ideas
  • any major innovation or insight can be seen as the final piece of a complex puzzle falling into place
  • no grand innovation in history has escaped the long hours required to take an insight and work it into something useful to the world
  • what matters is the ability to see a problem clearly, combined with the talent to solve it
  • epiphany is largely irrelevant because it can't be controlled
  • there's no greater myth worth dispelling in the history of innovation than the idea that progress happens in a straight line
  • nearly every major innovation of the 20th century took place without claims of epiphany
  • six-pack of human shortcomings: greed, irrationality, short-sightedness, egotism, lack of imagination

  • the myth of methodology is the belief that a playbook exists for innovation and it removes the risk from the process of finding new ideas
  • "It doesn't matter where you start, as long as you start." -- John Cage
  • innovation is best compared to exploration, you can't find something new if you limit your travels to places others have already found
  • Categories of patterns for how innovations begin:
    • hard work in a specific direction
    • hard work with direction change
    • curiosity
    • wealth and money
    • necessity
    • combination
  • Challenges of innovation:
    • finding an idea
    • developing a plan
    • sponsorship and funding
    • reproduction - low expenses mean the number of competitors can be large, making it hard for customers to find you
    • reaching potential customers
    • beating competitors
    • timing
    • keeping the lights on
  • "Anyone who has never made a mistake has never tried anything new." -- Einstein

  • every new idea in history has the big, red stamp of rejection on its face
  • the love of new ideas is a myth: we prefer ideas only after others have tested them
  • no matter how amazing an ideas is, its imagined benefits will pale in comparison to the real, and unimagined, fear of change
  • the difference between how an innovator sees her work from how it's seen by others is the most frustrating challenge innovators face
  • innovative ideas are rarely rejected on their merits; they're rejected because of how they make people feel
  • Innovator's Dilemma - as companies grow they have more to lose, so they become more risk averse and less innovative
  • Factors that determine how quickly innovations spread:
    • Relative advantage - what value does this thing have compared to the old?
    • Compatibility - how much effort is required to transition from the current thing to the innovation?
    • Complexity - how much learning is required to apply the innovation?
    • Trialability - how easy is it to try the innovation?
    • Observability - how visible are the results of the innovation?

  • all innovations today are bound to innovations of the past
  • despite the myths, innovations rarely involve someone working alone
  • "The best way to have a good idea is to have lots of ideas." -- Linus Pauling
  • anything can be used for things other than its intended purpose

  • the history of management is rooted in factories, banks, and railroads, not in invention, creative thinking, or revolution
  • professional management was born from the desire to optimize and control, not to lead waves of change
  • the goal was to minimize change, optimize performance, and take control away from individuals
  • management as a discipline is steeped in an old-school command and control attitude that is alive and well in the Internet age
  • Execution - to shepherd an idea down the long, arduous path from conception to realization

  • Factors of innovation:
    • Culture - innovations must first gain cultural acceptance by aligning with existing values
    • Dominant design - to gain acceptance, it must improve on the existing idea by a sufficient margin to justify the cost of switching
    • Inheritance and tradition - people confuse their comfort for a belief with it actually being good
    • Politics: who benefits? - you can predict how people in power will respond to any new idea if you first calculate its impact on them
    • Economics -will the costs of changing to the new thing be worth it?
    • Short-term vs long-term thinking - superior ideas can be rejected in favor of cheaper, shorter-term gains

  • successful innovation often involves paying more attention to problems than solutions
  • "If I had 20 days to solve a problem, I would take 19 days to define it." -- Einstein
  • "A well-stated problem is half-solved." -- John Dewey
  • "There is nothing either good or bad, but thinking makes it so." -- Shakespeare's Hamlet
  • morality is invisible to the forces of innovation
  • what you do for good reasons may be used for bad, and what is done with bad motives can lead to good
  • as ridiculous as it is to accept all new ideas simply because they're new, it's equally silly to accept all traditions simply because they're traditions
  • ideas new and old have their place in the future, and it's our job to put them there

  • history is the best available tool for sorting out how things in this world tend to happen
  • perhaps the greatest myth of all is that you need to be an expert in innovation in order to change the world
  • the gap from knowing to doing is enormous, and few people are willing to do the work to close that gap
  • the biggest difference between the greats and us was their dedication to their craft
  • Pitch - the act of bringing an ideas to someone who has resources you need
  • most people do not like change - they fear it
  • pitchable idea must include a detailed proposal for converting the abstract idea into tangible and realistic plans
  • Questions to answer before pitching an idea:
    • what problem does this solve?
    • whose problem is this? why is it important to them?
    • how will you solve the toughest challenges?
    • do you have a working prototype?
    • why are you the right person to solve this?
    • why should they give you money/support/time to work on this?