Innovation

February 12, 2021

“Why can’t we do this in an hour?”

Velocity: experiments, explorations, investments

What are indicators

Small innovations Large innovations – new fields, new products

What accelerates velocity

Developer workflows: check in, code review, test, deploy Stability: little time on failures, including reverts, etc Training Hiring Retention

What accelerates innovation?

Platforms Networks Users Brand Infrastructure

Misaligned incentives around resourcing/investment prevent innovation
Innovator’s dilemma & solution
It’s easy to innovate into high-margin products that draft on core biz
Feature-teams can’t innovate
Escaping the build trap
Empowered
Then let’s assume you do those, then Innovation comes from ?
“Creativity” - juxtaposition of ideas in two fields
Within a team, it’s clear how cross-functional teams with embedded auxiliary folks support this kind of innovation
In an organization, does this mean two execs in complementary orgs that are empowered and inclined to collaborate closely?
Practioners

Resources

https://larahogan.me/blog/why-cant-they-just/

https://diff.substack.com/p/four-refoundings

https://apenwarr.ca/log/20201227

The Innovation Delusion

Innovator’s dilemma

Innovator’s solution

https://blog.hypeinnovation.com/8-principles-of-the-innovators-solution

https://www.amazon.com/Idea-Factory-Great-American-Innovation/dp/0143122797

https://www.amazon.com/dp/1250185963/

https://hbr.org/1986/01/the-new-new-product-development-game

What can we learn from

 Amazon

 Stripe

 Google

 ?

Is moving faster the same as innovation?

Accelerate

Are empowered teams the same as innovation?

Escaping the Build Trap

Empowered


Inspired


[https://www.amazon.com/INSPIRED-Create-Tech-Products-Customers/dp/1119387507/](https://www.amazon.com/INSPIRED-Create-Tech-Products-Customers/dp/1119387507/)

Book to explore

Loonshots