Article of the Week
Make Your Team More Innovative, Instantly (Inc.)
Big Idea: For most people, trying to be innovative feels nearly impossible. Lisa Bodell, the founder and CEO of futurethink and the author of Kill the Company, provides a technique referred to as “Kill a Stupid Rule” that engages the workforce, jumpstarts innovation, and allows people to have fun in the process.
Editor’s Choice Articles
Decisions, Decisions: Why humans can’t seem to make the “right” choices (Kellogg Insight)
Big Idea: Psychologists and behavioral economists have established that humans exhibit a number of fairly predictable biases in their decision making. What if these biases are basic emergent properties of any system forced to make decisions with limited mental resources? In order to understand humanity’s irrationality when deciding between many options, Yuval Salant created a simplified mathematical model of how a machine—an “automaton”—would make choices.
Great, You’re Inspired: Now Begin the Nitty-Gritty of Idea Implementation (Fast Company)
Big Idea: For successful implementation, involving others in the development process is a key part of managing the change. Such involvement not only provides you the skill sets needed to improve your idea, but also increases the sense of ownership of the solution. With that buy-in and increased expertise, your innovative solution stands more of chance of succeeding.
Five Ways to Commit Innovation Suicide (Innovation Excellence)
Big Idea: Many organizations struggle with innovation as they make the same mistakes over and over again. The article addresses five common mistakes to avoid when looking to foster innovation and some practical guidance to help avoid these mistakes.
Jugaad: A Frugal, Flexible Approach to Innovation (Knowledge at Wharton)
Big Idea: The authors of this article present a new approach to innovation referred to as “Jugaad”, a Hindi word meaning an improvised solution born from ingenuity. This approach follows several core principles including the following: seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin and follow your heart.