Innovation is generally held to be a “good thing”. Companies that are innovative or that produce innovative products are lauded with praise, awards, not to mention investment funding. Innovative individuals are highly sought after and richly rewarded.
So how can we be more innovative, in our personal and corporate lives?
- Find new ideas
Most of the good ideas are already out there, you just need to find them. Some of them are protected & that’s fine, respect that. But may more aren’t, so use them.
An important concept here is that of being a “boundary spanner”, of having eclectic interests. Research has shown that in looking for innovative solutions, individuals that had weak ties to many different disciplines were more effective than those that were tightly bound to a single one.
- Assimilate those ideas
No not the Borg, but you need to be able integrate any new information with what you already know. There’s no point reading the latest article in hyperbolic geometry, if you failed Maths 101. This is the foundation of constructivist learning models (but that’s for another post).
The important thing is to be able to relate the new knowledge you’ve acquired to that which you already know in some way. This may sound like a contradiction to being eclectic, but it’s not. Remember, you’re not looking to be a global expert in the new topic but you do need to understand enough to be able to address your challenge.
- New solutions
After all, the name of the game is innovation, so we’re looking to adapt our newly assimilated knowledge to produce a new product or service. Many of the most innovative products in recent times haven’t been ground breaking in their fundamental technology, but they have combined and adapted technologies in highly innovative ways.
Think iPhone, Toyta Prius, Facebook, etc.
Remember, innovation is different to invention.
- Show me the money
This doesn’t necessarily mean a Dickensian, Mr Burns kind of exploitation. But you need to translate your new solution into a business proposition, otherwise it’ll remain an idea.
Note: While the points above are in a list (because that’s the easiest way of presenting them in a blog) they are not sequential and linear. It’s also worth noting that most innovation is a team sport, so make sure that within your team you have people that can find new ideas, bring them within your group, use them to solve problems and then commercialise those solutions.
The above ideas are collectively understood as “Absorptive Capacity” and have been applied to individuals, teams, divisions, companies and whole regions. A good place to start is wikipedia (as always) and follow the trail from there. The key academic texts are the original article by Cohen & Levinthal (1990) & the expanded theory from Zahra & George (2002).
- Cohen, Wesley M; Levinthal, Daniel A, (1990), “Absorptive capacity: A new perspective on learning and innovation”, Administrative Science Quarterly, Vol 35, Issue 1, pg 128-152
- Zahra, Shaker A; George, Gerard, (2002), “Absorptive Capacity: A Review,Reconceptualization,and Extention”, Academy of Management Review, Vol 27, Issue 2, pg 185-203
The comments about weak network ties come largely from Tushman (1977) and developed by Hansen (1999). The background Wikipedia article on interpersonal ties is here.
- Morten, Hansen, (1999), “The Search-Transfer Problem: The Role of Weak Ties in Sharing Knowledge across Organization Subunits”, Administrative Science Quarterly, Vol 44, Issue 1, pg 82-111
- Tushman, Michael L, (1977), “Special Boundary Roles in the Innovation Process”, Administrative Science Quarterly, Vol 22, Issue 4, pg 587-605
This is a different style of post to previous ones I’ve written. I’d be very grateful for comments on areas that need expanding / simplifying or just explained in a different way. I hope to be writing more articles along similar lines as my current work with the iNETs is bringing all of this into sharp focus (if only from an academic research perspective).