Just like we cannot all be
thinkers, and have no doers; just like we cannot all be dictators and have no
citizens; just like we cannot all be countries that rip off innovations from
countries that innovate, and have no innovative countries; - is that newly
coined phrase, "Innovate or fail" really true for nations and
individuals? Let's explore this often blindly accepted phrase.
To start with, we will define
what crowd sourced intelligence says Innovation is, and what better crowd
sourced intelligence is there apart from Wikipedia, shown here verbatim? What surprises me is that the word was coined
as far back as 1903, a time period still that most of us think off as the dark
ages without the internet, Google and mobile phones. The bright side is there
was no FaceBook then.
“The word innovation derives from
the Latin word innovates, which is the noun form of innovare "to renew or
change," stemming from in—"into" + novus—"new".
Diffusion of innovation research was first started in 1903 by seminal
researcher Gabriel Tarde, who first plotted the S-shaped diffusion curve. Tarde
(1903) defined the innovation-decision process as a series of steps that
includes:
- First knowledge
- Forming an attitude
- A decision to adopt or reject
- Implementation and use
- Confirmation of the decision
The s-shaped diffusion curve maps growth of a product against
time, represented by the black curve in the diagram. In the early stage of a
particular innovation, growth is relatively slow as the new product establishes
itself. At some point customers begin to demand and the product growth
increases more rapidly. New incremental innovations or changes to the product
allow growth to continue. Towards the end of its life cycle growth slows and
may even begin to decline. In the later stages, no amount of new investment in
that product will yield a normal rate of return.
The s-curve derives from an assumption that new products are
likely to have "product life". i.e. a start-up phase, a rapid
increase in revenue and eventual decline. In fact the great majority of
innovations never get off the bottom of the curve, and never produce normal
returns.
Innovative companies will typically be working on new
innovations that will eventually replace older ones. Successive s-curves will
come along (represented by the blue curve) to replace older ones and continue
to drive growth upwards. In the figure above the first black curve shows a
current technology. The second blue curve shows an emerging technology that
currently yields lower growth but will eventually overtake current technology
and lead to even greater levels of growth. The length of life will depend on
many factors.”
Having now presented "my" viewpoint as to what innovation is, let's get back to the title of this posting. Is it true that those of us who do not innovate will fail? Really?
Can it be true that those of us
who do not innovate will fail? Really?
In general terms of course,
everyone will always improve their ways of doing things, since human beings by
nature are a lazy lot. Why walk ten miles to achieve x when you can walk one
mile, or not at all, to achieve the same x? Whether we are conscious of it or
not, we are always looking at easier, better ways of doing what we always do in
our personal and professional lives. The motivation for this is that we will
naturally save money, time, sweat…did I say money?
That is excluded from this
conversation.
What that expression is trying to
say is that we must all always keep on improving what is on offer, because all
products have a life cycle. But I will beg to differ, because the rate of
change and the number of products have increased to the point of infinity.
There is too much of everything, and there is too much choice in each of the
everythings. This has caused the human mind to completely turn to the good old
days where we knew what is and what should be and there was no need to think
about and question everything; just be able to stay in our comfort zones and
live and let live.
So my outlandish and
controversial proposition is that businesses can stay stuck in the good old days
and not change a single damn thing about any product of theirs. People are
going back to good old hand baked breads with no caviar fillings; lean, healthy
meat from chickens rooting about in the soil looking for worms; made to
measure, comfortable shirts with no brand names; sturdy, simple chairs with no
innovative design that will move their guests to tears; most of all simple home
environments to bring up children who are connected to the planet and who know
themselves enough to build healthy bodies and minds.
I do agree that half of have to
innovate simply because there is lots of great stuff that come out of
innovation, just pointing to the net is enough. But it certainly cannot be a
broad description that applies to everybody – “You bloody well innovate or you
will bloody well fail!” Unfortunately, it HAS become a general term used on
everyone, and because it is so widely accepted, individuals, communities
businesses and countries that have great things going are losing out on perceived
benefits of innovation and letting over-enthusiastic designers come in to change
their beautiful, traditional ways of doing things.
China has become a great nation because
they decided that the rest of the world could innovate till kingdom come, and
they would supply the manufacturing base for all these innovations to become
real, a cost-effective, efficient and massive manufacturing base. They at least
had the guts to stand by their guns and tell grim faced outsiders, “Thanks, but
no thanks.” The Indians combined and balanced innovation and manpower, but kept
to traditions and culture, and built a work force that has much of the western
world screaming, “Unfair!” because of outsourcing.
We should be wise enough to realise
that innovation is not the last word. If you are comfortable, and your
employees and citizens are comfortable and your research shows the trend is not
likely to be disrupted and most of all, if you are happy, then don’t change.
Find niche areas, or if you decide that you really don’t have a unique offering
that will probably be well received, then innovate. You only need to ask
yourself two questions to see what needs to be done.
Am I happy?
Will I stay happy?
“Innovate…or fail!” is an epic
fail statement.
No comments:
Post a Comment