Innovation Insights
From the desk of Braden Kelley
December 2010 - Vol 4, Issue 11
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| Greetings! | 
December is a time for a lot of great holidays, and whatever holidays you happen to celebrate, I hope they have been or will be extremely festive and happy for you.
At the same time, December marks the end of a year that was both full of turmoil, but also of great opportunity.
In 2011, the Blogging Innovation community will have a say in making the community more interactive and your continued participation (along with new investments) will enable the site to grow and become the definitive resource for those seeking to embed innovation as a deep capability in their organizations.
Please stay tuned for your chance to shape the future.
I hope you enjoy this month's newsletter. Please forward it to any colleagues you think might find it useful.
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Innovation is No Accident
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 People love the idea of 'accidental innovation'. The term 'accidental innovation' is often used to describe the invention of things like penicillin, microwave ovens, Nutrasweet and vulcanized rubber. The stories behind these accidental innovations are intoxicating because they make it seem like innovation can come from anywhere - in an instant. But often people don't tell the whole story behind these accidental innovations. As a result, people get the impression that innovation is easy, they confuse ideas with innovation, and as a result, a project-based approach to innovation is reinforced.
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Don't Fail Fast - Learn Fast
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 There is a lot of chatter out there about the concept of 'failing fast' as a way of fostering innovation and reducing risk. Sometimes the concept of 'failing fast' is merged with 'failing cheap' to form the following refrain - 'fail fast, fail cheap, fail often'. Now don't get me wrong, one of the most important things an organization can do is learn to accept failure as a real possibility in their innovation efforts, and even to plan for it by taking a portfolio approach that balances different risk profiles, time horizons, etc.
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| Top Tweets from @innovate on Twitter |
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Managing Innovation is about Managing Change
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 Innovation is about change. Companies that successfully innovate in a repeatable fashion have one thing in common - they are good at managing change. Now, change comes from many sources, but when it comes to innovation, the main sources are incremental innovation and disruptive innovation.
The small changes from incremental innovation often come from the realm of implementation, so the organization, customers, and other stakeholders can generally adapt.
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Save
$250
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IESE will be holding their next Innovation Architect event on February 28-March 1, 2011 with a special guest - Braden Kelley - author of Stoking Your Innovation Bonfire. The Innovation Architect: Creating Breakthrough Companies - IESE Business School, NY Center
This two-day program is for experienced innovation professionals who are struggling to unlock growth within their own companies. The program is also of value for senior management who need to enable better innovation. And, this program is for business teams who need to generate growth faster.
Save $250 by mentioning the Innovation Excellence group in the comments - http://iese.edu/ia
| Offer Expires: February 27, 2011 (discount is an offer from IESE)
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Please introduce others to this newsletter using the "Forward email" link at the bottom.
If I haven't heard from you in a while, please drop me a line.
I'm always happy to hear from my good friends and colleagues.
Or, if you would like, please feel free to follow my thoughts on Twitter or Facebook. All the best, |
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Braden Kelley
Author, Stoking Your Innovation Bonfire
Editor, Blogging Innovation
(206) 349-8931
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