I guess we don’t need much to feel proud. Cummins made this video on Technology and Innovation, I appear for a full 3 seconds at 0:50. I really liked the video, but I love my 3 seconds 🎉🎉🎉👏👏👏
Husband, Father, Programmer, International Business Marketer
I guess we don’t need much to feel proud. Cummins made this video on Technology and Innovation, I appear for a full 3 seconds at 0:50. I really liked the video, but I love my 3 seconds 🎉🎉🎉👏👏👏
In my new role in the Technology Strategy and Innovation office we get to think about, how to decide which ideas should receive R&D dollars. This books really helped me understand a few things that we would want to implement.
All companies want to be innovative, they want to know the future and be ready for it. One of the quotes in the book really got me thinking
… most corporate executives favor prediction; their belief seems to be, “To the extent that we can predict the future, we can control it.” In contrast, though, entrepreneurs favor active testing: “To the extent that we can control the future, we do not need to predict it.”
If we could carve a space where the tech leaders are not looking for THE future, but shaping it.
Products, patents, improvements all begin with ideas. I’ve seen about 15 software vendors of ideation software like this, this, and this. They all have some concept of a challenge that should spark ideas, à la “How can we make X product better.” Crafting that challenge is not easy, which challenges are better and would generate better ideas.
The book covers the concept of “perspective hindsight,” the idea of thinking of the future as if has already transpired. Say you are planning a company picnic and you want to make sure that everything went well, in spite of possible problems. Think of these 2 questions, which one gets you thinking more:
Russo and Schoemaker have found that when people adopt the second style of thinking—using “prospective hindsight” to work backward from a certain future—they are better at generating explanations for why the event might happen.
They call the overall process: WRAP
Although their process seems interesting, I don’t think I will be using the whole process, but I will adopt certain heuristics to the way I think. I will also implement certain concepts in the way we implement our innovation process at the company.