6 Motivations That Lead To Key Market Transformations - Printable Version +- Sup Startup (https://supstartup.com) +-- Forum: Startup Forum (https://supstartup.com/forumdisplay.php?fid=3) +--- Forum: Web Talk (https://supstartup.com/forumdisplay.php?fid=8) +--- Thread: 6 Motivations That Lead To Key Market Transformations (/showthread.php?tid=8313) |
6 Motivations That Lead To Key Market Transformations - AnthonyKic - 08-25-2022 6 Motivations That Lead To Key Market Transformations Real innovation in the business world is still rare. As I’ve said before, everyone talks about innovation, but the majority of new business plans I see still reflect linear thinking – one more social network with more features, another smartphone app for marketing, or one more platform for faster e-commerce. Historic changes and great successes don’t come from linear thinking. What does it take for more dynamic transformations? I like the recommendations in the classic book “Orbit Shifting Innovation,” by Rajiv Narang and Devika Devaiah. They summarize twenty years of breakthrough research initiatives and innovation strategy they have led with many of the most dynamic global organizations large and small, including Unilever, Walt Disney, and Intel. They define ‘orbit-shifting’ innovation as something that happens when an area that is ripe for transformation meets an innovator with the will and the desire to create history, not follow it. The breakthrough innovation creates a new orbit. Beginning with the Macintosh, Apple succeeded in doing this time and time again, transforming the lives of millions, with Steve Jobs at the helm. Every entrepreneur and every company I know has orbit-shifting intentions. But there is a big difference between orbit-shifting intentions and orbit shifting results. According to Narang and Devaiah, the people who accomplish real innovation results seem to exhibit a higher set of attitudes and motivation:
Overall, what is different about these innovators is their mental model of romanticism in vision and realism in execution. They expect challenges, and when problems do arise, they are not surprised or let down or disappointed. They face them head on, handle them and move on. Most of the rest of us are the reverse; realistic about the vision and romantic about execution. Entrepreneurs and startups are in the best position to find and run with orbit-shifting rather than linear innovations. They don’t have to start by overcoming the choking gravities of an existing organization and product set. That’s why most large business and government entities are resigned to buying innovation, rather than birthing it. Is your best startup idea and mindset really orbit-shifting, or just linear thinking that stakeholders won’t buy? Marty Zwilling https://blog.startupprofessionals.com/2022/07/6-motivations-that-lead-to-key-market.html |