Not breaking enough things?

The infamous saying from the entrepreneurs of Menlo Park, California is move fast and break things, yet if you look at innovation teams in many corporations, you’d be hard pressed to find too much that moves fast, and many things that might be deemed to be broken.

Reasons Innovation Stalls in large corporations via hbr.orgA recent HBR study showed that almost 60% of the 270 corporate leaders they interviewed considered the lack of progress with innovation was due to internal politics, turf wars or no clear organisational alignment. But that doesn’t mean innovation can’t happen. It just means an ambitious, determined innovator needs to think and behave differently.

Nimbleness

Innovation programmes in large corporations become strategic initiatives, or transformation programmes, or insert-another-phrase-that-sounds-super-important. The problem with that is they become too big, too unwieldy and often get hindered by the items mentioned in the HBR citing above.

Innovation is about doing things differently, and that applies to innovating itself, so let’s talk about nimble innovation.

Small wins create momentum

In our experience the best way to secure support for a programme of innovation is to demonstrate value and grow buy-in organically. Think big, keep your eyes on the horizon for where you want to be, but execute in small bite-sized chunks, allowing more (and more rapid) experimentation, failure, learning and success.

Once you have demonstrable success, you can evangelise that, garner support and build momentum organically.

Create momentum with an iterative innovation process

At InnovationScouts.tech, we act as a team extension, scouting for technology to help you make those iterative steps, and providing expert, hands on help to triage and select the right partners to maximise your chances of success whilst alleviating you of much of the day-to-day overhead.

Get in touch with us today to see how we could help you break through the corporate innovation stalemate.

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Scott Stonham
Scott Stonham

Scott is Chief Technology & Innovation Officer at InnovationScouts.tech. He has been at the forefront of many technologies we take for granted today, including mobile internet and smartphone navigation. Today he helps clients navigate innovative emerging technologies and is available for speaking opportunities.

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