Innovation Culture – Risk Appetite

Big appetite As your team’s innovation abilities develop, your appetite for risk will likely increase, but the total amount of risk being undertaken needs to be understood at all times. Carefully chosen innovations will provide average returns to the upside. It’s like gambling, but in this case you are the house. They say the house…

Innovation Culture – Empowering Others

Delegation is not abdication A common refrain in innovation literature is that failure should be expected, celebrated and even rewarded. How, then, can good work be distinguished from bad? How can team members making strong contributions be identified Delegation is not abdication. Set limits on the consequences of experimentation that those on your team can…

River Source Heat Pumps In Scotland

“The refrigeration system makes one end cold and and one end warm.” Dave Pearson, Star Refrigeration This Youtube interview reveals some innovative thinking going into more renewable heating options for Scottish homes. The air conditioning systems we are familiar with in North America typically pump heat out of the building into the ambient air, so…

Kickstarter Project: Heated Down Jacket

Incredible response This Kickstarter project received $1,330,293 in pledges and 6,480 backers, far exceeding its original goal of $100,000. ┬áThe product The primary innovations here are the merging (Principle 5 – Merging) of a down jacket with a battery-operated heating system. Principle 6 – Universality is also at play, as the same battery can be…

When Innovation Happens to You

Good news, everyone! Your boss announced a workshop on creative thinking. Creative thinking about your job. The end result of this creative thinking will be innovation! What will this innovation achieve? Only one of three outcomes is possible: More work. Yay? The same work. So what’s the point? Less work. So you might get laid…