The Innovation Domino Effect…

Does sheer growth in computational capability change the game – it surely does! No longer is it okay to stay out of the I/T sandbox…you blink and you are done. It’s that quick. So rather than depend solely on management systems like a Balanced Scorecard or Japanese style Hoshin Kanri (Full Policy Deployment), we need to become familiar with the concepts of Big Data & Analytics, Cognitive Computing, Deep Learning and Data Mining to add a fillip to our existing management systems. Moreover, we need to utilize these current I/T breakthrus in the building of Organization Strategy that will not only respond to what our customers need and want – but indeed to develop the Paradigm Shifting Innovation Domino effect (Copyright) – The Internet, as an example, triggered a massive chain reaction of innovations to service our growing needs, wants and expectations…some of which we could have never known if the Internet hadn’t happened.

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What triggers innovation? Is it the early adopter who crave that which is not yet on a drawing board, let alone in a Product Development  & Testing stage? Is it the failure of existing products/services to meet our demands and expectations? Is it the arrival of a new technology or discovery that triggers a seismic shift in our needs and wants?

The Internet as an example triggered a massive chain reaction of innovations to service our growing needs, wants and expectations…some of which we could have never known if the Internet hadn’t happened.

I call this the ‘Innovation Domino Effect.’
Great organizations don’t wait for something external to provide the Innovation Domino Effect – they create it in house. Take Sony as an example – they went out and created the Discman before we’d even gotten used to the Walkman? The Walkman being the trigger for the Innovation Domino Effect in this example.

Then Apple came along and created the IPod and that little innovation triggered the seismic Innovation Domino Effect that was the smartphone wave…an effect we are still experiencing even today.

So it is becoming more numerous in our daily lives – this rapid transition from one innovation to the next and the attendant Domino Effects that follow almost as a de rigueur precondition.

Airbnb, Uber, Twitter, Facebook, Snap chat, YouTube and so on. All by-products from the Internet and the Domino Effect of Innovation that it triggered.

Organizations that are savvy and are reading the signs right should be thinking about restructuring so that Employees are trained to be:                                                                 Creative and Innovative, Push the envelope, Take risks  and recognize that there is no embarrassment in calling out an idea that may not work, and that the real embarrassment should lie in suppressing the idea and keeping it to oneself.

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