Tag Archives: Harvard Business Review

Innovation is Tough

Building a culture of innovation is tough. It’s pretty easy to learn the ‘fail fast’ or ‘build-measure-learn’ mantras, but to really pull it together requires a deep understanding of these paradigms. You have to recognise a good failure as opposed to a bad. You need to be strong in defining experiments and how you react if you don’t get hoped for results. You really must have strong leadership at all levels.

The benefits of innovation are immense. You solve the right problems, you do it effectively and efficiently and you empower people to bring about massive positive change.

HBR’s recent article, The Hard Truth About Innovative Cultures, really drills down into the detail of this. It shows you what good and bad is, and how to recognise them. It’s an excellent read, well worth your time and the time of anyone attempting to embed this culture in their organisation.

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Time is precious

Time is the one thing we all have the same amount of, the only thing we cannot get more of and our most precious resource.

As such, we should all be mindful of how we spend it, how much it’s worth to everyone we interact with, and how valuable it is when someone uses their own time to help you out.

The first and most important thing we can do is understand how we use it. HBR recently published an excellent and insightful article on how top CEOs spend their time. The Leader’s Calendar is an eye opening view on many aspects of the daily lives of top execs, and certainly worth the read.

One piece that stands out is that even for these already time conscious people, the difference between how they think they spend their time and how they actually use it is stark. As true today as it was when first coined, Know Thyself is advice that resonates down the years.

Understand why you are doing something, what value it brings to your life and the lives of those around you. Ruthlessly cut out anything that isn’t great or moving you in the right direction. Do this and you’ll do more of the right things, which is the most worthy of aspirations.