With the Switch, the 130-year-old gaming giant has once again turned reports of its demise into Nintendo Mania.
For anyone who’s ever marveled at Nintendo’s vivid, phantasmagoric, zoologically ornate video games, visiting the company’s understated home in Kyoto, Japan, can be disorienting at first. That such an outpouring of kaleidoscopic products comes from a place so devoid of color can be momentarily hard to fathom.
Read full article on bloomberg here.
A definitive new study dispels the myth of the Silicon Valley wunderkind.
Silicon Valley’s tech workers can go to great lengths to appear youthful—from having plastic surgery and hair transplants, to lurking in the parking lots of hip tech companies to see how the young and promising dress, as chronicled a few years ago by the New Republic.
Keep reading here.
At Lean Startup Week, in November, 2017, Dr. Tendayi Viki spoke about how intrapreneurs can increase their chances of succeeding by aligning their work to the corporate strategy.
Many big companies bring in Lean Startup workshops for innovation staff because they’ve heard good things about it, Tendayi explained. Yet, he’s found, no matter how excited or open a corporation is, these trainings alone are not enough to integrate the methods within a big company.
Read original here.
Avoid testing the solution, before developing a good and evidence-based understanding of the customer “problem” first.
Another common mistakes innovation teams make: they focus on the solution, instead of first understanding and testing the customer “problem”, i.e. customer jobs, pains, and gains.
Keep reading the original post here.
Bob Sutton’s nice write up on GM’s Chief Talent Officer about innovation at scale.
“The challenge of injecting innovation into large, staid, and stalled organizations has long vexed leaders, consultants, and academics. The list of failed efforts goes on and on, including Yahoo!, Motorola, Blackberry, Sears, HP, Kodak, RadioShack, and that terrible merger between Chrysler and Mercedes-Benz. Yet there are exceptions. Some tired old companies do turn vibrant. And there are well-told stories about how and why old struggling companies have beat the odds and changed their cultures, practices, and products for the better–although it is important to remember that nothing life is permanent, so such successes are best viewed as temporary and precarious.”
Keep reading here the complete article.
In this article Marc Hoag lines up and explains in a really great way on the 14 principles:
1. Customer Obsession
3. Invent & simplify
4. Are right, a lot
5. Learn & be curious
6. Hire and develop the best
7. Insist on the highest standards
8. Think Big
9. Bias for action
11. Earn trust
12. Dive deep
13. Have backbone; disagree & commit
14. Deliver results
A stunning and dramatic look into the collapse of Toys ‘R’ Us — a succession of 6 CEOs couldn’t save the company.
A story on failure to innovate, while maintaining the existing business ultimately caused the once giant retailer to crumble.
Full story on bloomberg here.
“Mid-20th century economists, most notably John Kenneth Galbraith, predicted that large companies would be responsible for most of the groundbreaking innovations in our future. History has proved them dead wrong.
In fact, the opposite has turned out to be true. Startups – entrepreneurial companies – are the engine of innovation in the modern economy, and as a result they grow disproportionately faster than large, established firms.”
Nice article from Bill Barnett – read the full article here. Also links nicely to a previous post “Why There’s No Such Thing as a Corporate Entrepreneur”
Bottom line there is a lot of truth in both posts – nonetheless, it always depends on the ***Preneurs ‘themselves’. It can happen that you have a right environment with the right setup with the right spirited ***Preneurs in a corporate or enterprise, that comes VERY, VERY close to a Startup-Up/Entrepreneur kind of spirit, execution, success, and pace. But it depends on environment and people- well, as always … 🙂
Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency?
It starts by understanding the “Innovation Stack” – the hierarchy of innovation efforts that have emerged in large organizations. The stack consists of: Individual Innovation, Innovation Tools and Activities, Team-based Innovation and Operational Innovation.
Read full article here on Steve Blank’s homepage.
“Yoshida [originator of the Iceberg of Ignorance] found that, even though 100% of front-line problems were known to the front-line employees, only 74% were known to team leaders, 9% to middle management and just 4% to top management!
The ‘Iceberg of Ignorance‘ is a damn good story. It offers a powerful but painful insight into the miserable state of the modern workplace.
Leaders who show humility by mixing with the front-line gain more status and influence than their peers who prefer to stay in their offices. Moreover, leaders can actively enhance their status by engaging in work below their pay grade.”
Read the original article here on corporate rebells.