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Creating Generational Legacies

Friday, August 19, 2016

#Innovation Cycle, Part 2: Travelling the path to success

The value of questioning can unlock the power of innovation.  That may sound obvious to many, but how does an organisation who doesn’t champion the art of questioning change their mantra? 

Welcome to the fourth blog in the series titled, ‘Strategy Execution Odyssey’.  We are on a quest to discover the real secrets behind delivering that all important organisational strategy.  The most successful businesses always seem to deliver on their intended strategies.  In this age of business disruption, this is especially challenging to achieve.  What makes these businesses different to those that aren’t successful?  What are they doing differently? 

Let’s continue on the journey to the boundaries of what could be, and what shouldn’t be.  In my last episode we explored what makes innovation so hard to do – turning an organisation from a squarer formation to a circle and then ultimately a wheel capable of traveling down the innovation road. 

In this episode we examine the power of questioning to begin breaking down innovation barriers to start reshaping the organisation into a well-defined circle.

In my previous blog, Innovation Cycle: The path to success, I talked about how organisations need to move away from the trees within the forest and into the land of ‘you don’t know what you don’t know’.   Questioning is a fantastic mechanism to do just that.  It allows people within their places of employment to ask, ‘why are the things the way they are?’   

In the book ‘A More Beautiful Question’, Warren Berger examines the power of questioning to dismantling traditional mechanics of business.  I particularly like this description:

“Sometimes questioners go out looking for their Why – searching for a question they can work on and answer. The term problem-finding is used to describe this pursuit, and while it may seem odd to go looking for problems… it’s one of the most important things to do for an established business, large or small... you can create a new venture, a new career, a new industry.” (p31)

One of the best ways to create a high value questioning environment is practising the art of curiosity.  In my book, Flipping For Success: Rewiring Business Strategy to the New Consumer Age, I describe how mutual curiosity between people can see us leave our prejudices behind, opening ourselves to embracing learning.

Using the power of questioning, here are some considerations to how to transform your organisation from that box to a circle.

Consider questioning similar to a map with purpose 

If the organisation doesn’t embrace the power of questioning, transformation efforts that it undertakes will be doubly hard and difficult, falling short of expectations.  This is one of those uncomfortable truths.  And changing the organisation to adopt an effective questioning mindset can be the hardest switch to make. 

The power of questioning should be thought of like a map, a map with a purpose.  As a purposeful map it can unlock opportunities to transcend traditional monopolies of authority and absoluteness.  It is a game changer where all roads lead back to it.

One of the things to put into the map is the role of your internal top talent.  Let me explain.

Questioning requires us to think more as opposed to just ‘doing’.  The brain’s temporal lobe is responsible for memory storage while the parietal lobe is in charge of knowledge, reasoning and sensory integration.  The parietal lobe is where we tend to think and examine things as opposed to performing repetitive tasks (the memory storage side of our brain). 

Top talent becomes top talent by thinking about why things are the way they are.  One doesn’t have to have a high IQ or deep educational background to be considered top talent.  And any of us could become a top talent at any stage in our lives.  These always insightful individuals have the pre-requisites to develop their talent into something extraordinary.    

However, being a good thinker does not guarantee that they will be good at the art of asking questions.  That’s because the value of questioning, unlike simply thinking about it, is about elevating good thoughts from a discussion format into decision-making opportunities.  It can unlock an organisation’s command and control doors; to penetrate these solid walls of blanket authority.  The value of questioning even has the potential to change the landscape of the competitive environment within an organisation! 

For example, instead of competing from a dominate position of generating efficiencies where the mental model is derived from ‘how well things are today’, the impact of questioning can redefine the competitive goal posts.  It’s about shifting the mental model to ‘what could be’, as opposed to ‘what is’.   

In a business world now redefined and measured by market differentiation (the strategic term for innovation) as the primary growth engine, a company’s internal mindset needs to be recast to fit this paradigm shift.  Unfortunately, many organisations do not think about their mental model shift. 

They take the harder road travelled and lose substantial capital and talent in the process.  Initiating a new corporate restructure or implementing an exhaustive cultural program to change behaviours is simply not enough to embed an innovative mindset.  These tactics are nothing more than trying to do what is comfortable and known within an organisation; demonstrating ‘you know what you don’t know’.  To get beyond this limited viewpoint and into the innovative land of ‘you don’t know what you don’t know’, consider putting together a questioning map to make that transition.  It will unlock your top talent.

How to jump start your slow moving cattle

Given the difficulty of this challenge, how can a more pervasive questioning environment take hold?  How does an organisation encourage its workforce to adopt this mental model?  How does it catch fire?  Who’s going to light the match for others to fan the flames?  And isn’t there a risk that too much questioning leads to organisational chaos, frustration and paralysis?

As earlier mentioned your top talent is well placed to take up questioning given a nurturing environment to do so.  These individuals can become champions in transitioning a company from a square to a circle.  But they do not, and definitely should not, light the fire.  The fire needs to be started by the leaders themselves.  It all comes down to the willingness of the top brass.  In many ways the top brass needs to surrender the competitive rules that got them to the top.  A tall order for many to make.

Imagine for a moment a typical large organisation that employs ten thousand staff and collects some half billion dollars in revenue.  The top executives have all been promoted by the same performance management system as those that preceded them.  Their industry knowledge and ability to negotiate effective outcomes has in large part positioned them for promotion to the top.  This is the world they know, trust and understand. 

Why then would they change the whole system once they ascend to the top?  It’s akin to many other hierarchical-based systems like the military, scouts and the mafia.  These long-standing institutions all have the same element in common, a performance system based on producing value, not questioning it.

Why then should a business be any different?  Why should leaders take a risk on something alien to their own universe?  And even if they did, ‘why now and why us’, is what many would probably be asking.  Where’s the trust in that? 

Trust is rarely earned from one gigantic leap of faith.  It needs a jump start; a ‘hop-on the bike’ to see how you like it.

This is where the power of questioning can be pay big dividends for those leaders at the top.  It separates themselves from the pack.  It re-brands their image and opens new doors they weren’t aware of.

That said, no one leader should journey down a new path blindfolded and naked.  This is where a set of questions can provide that embryonic navigational value, such as:

  • What can I do to encourage a culture of questioning?
  • How can my organisation reduce our risks on this new journey?
  • What type of innovative initiatives are best fit for where our organisation is today?

These questions are examples of open, instead of closed, questions.  An open question usually generates a new set of questions to exploring deeper meaning.  Questions should also have a purpose otherwise they can be time wasters, working against an organisation’s progress.  These are just some of the concepts explored in the book, A Beautiful Question.

It’s time to get going 

With a map and a bit of jump start, it’s time to begin that journey.  No other instructions are needed before venturing forth.  These will come in due course as the journey presents itself.  After all, not knowing what you don’t know will not prepare you any better than you are at this very moment.

In concluding, no single person should ever feel threatened in asking a challenging question.  Nor should a leader feel like they have to carry the weight of their organisation by owning those questions and answers.  For the value does not lie in the few who pursue those answers, it lies in the majority who assist in making the journey a successful one.  The followers, not the leaders, are the key hold the key to making this journey successful.  If they are not following you, you’ll never get there. 

It’s time to start migrating from a workforce designed around 'doing' to one designed for questioning.  It’s time to design a workforce that owns the discussion rather than asked to prepare others for that discussion.   

If you liked my blog, click here to gain some additional insights around how to innovate from the ‘inside out’.   And if you are interested in having a deeper conversation about the practicalities of applying these principles, I encourage you to send me an email to: paulg@flipsideworld.com

If you have read this far and are interested to read an example to the power of questioning, I encourage you to read, The Power of Questioning in Practice.

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#Innovation Cycle, Part 2: Travelling the path to success

This post is best read with the post, Innovation Cycle, Part 2: Travelling the path to success.

A business process is a business process is a business process.  So what?  It means nothing without some association or context. 

This graphic is still one of my favourites.  How do we know the value of a process without understanding the bigger picture of where the organisation is going versus where it is at today?

I regularly see too much time expended in trying to understand the detail of things; in this case a business process.  Without context to that detail, it’s like we are each speaking a foreign language when trying to work out the problem or solution to the business process.  The amount of time management wasted in figuring out that we are indeed speaking different languages can cost organisations not only financial heartache, but also brand and loss of good talent.   

Enter the value chain, or value map.  This is an easy-to-understand graphical or visual representation of why a business process matters and where a process sits in the context of the broader operational landscape.  Here's an example to identify value:

I no longer have any fingers and toes left to count the times I’ve seen big corporate projects kick off without the proper understanding of the value meant to be delivered.  For example, most traditional projects have cost-reduction or efficiency-styled business aims.  Yet they suffer from not articulating any clear success factors, other than perhaps to deliver efficiencies by implementing this process here or upgrading that system there.  There’s an innate belief (suggesting here there is no supporting evidence) that these processes will be the answer to generating those efficiencies. 

The result is that no one challenges why these processes will generate those assumed business gains.  The project team is there to perform, not question a business case even if it has been poorly put together.  In a command and control environment everyone simply accepts the underlying assumption.  The less questions asked, the better.

The problem is not isolated to the operational structure.  It is exacerbated by the fact that most business analysts and project architects, the two most capable groups who might question and challenge, do not understand this larger business context.  Their job is usually mired in the details, the business process world.  So if they are not the ones to help put together these value map pictorials, who is?

The traditional approach is to hire a management consulting firm to assist in building out the strategic vision and value proposition.  Sometimes they even cobble together a value map or two.  Unfortunately, more times than not this work does not cascade down into the project delivery community.  The dots are never connected in a way that provides delivery traceability back to the strategic planning that was developed elsewhere.  The management consultants, as good as they were, did not have adequate history or context for the client there were employed to serve.  They were not able to translate into an effective map what the ‘head of’ was trying to do.  That lost opportunity remains a key business delivery gap until it surfaces way too late in the delivery process.

So why do leaders outsource their strategic planning to consultants who fly-in-fly-out?  Why not spend the money instead on embedding people who can identify, maintain and govern this important business value?  The risks are just too high to not invest.  It’s really about performing effective strategic execution. 

If there are no strategic planners within an organisation, those who can connect the logical plans to the physical world of delivery, then why bother performing any strategic planning at all?  Don’t commit to and plan for multi-million dollar projects.  Don’t hire an army of detailed specialists if there is no clear value chain or map illuminating the pathway forward.

To those leaders who may be reading this, I encourage you to have courage to question why this important planning landscape does not exist, and take a stand.  The rewards for bringing in strategy execution talent who can question and challenge business assumptions will reap significant business gains in the process (no pun attended). 

This is just one of many roles where questioning can lead to greater innovative thinking.

Feel free to send me an email to paulg@flipsideworld.com if you'd like to a deeper conversation about how to bridge this business gap.

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Sunday, August 14, 2016

Elon Musk Says It’s ‘Pencils Down’ for Tesla’s Model 3


Interesting takeaways:  
- Battery prices will continue falling due to scale, supply chain and manufacturing efficiencies 
- Being 1/3 of EV cost, falling battery prices will drive EV demand up  
- The Gigafactory has already cut the fossil-fuel lines for Tesla... more Gigafactories planned 
- Tesla will continue focused on their Autopilot roadmap  
- Musk already thinking on grid services...

Craig Rispin to facilitate the BBG OC- Innovation Forum at NAB Docklands

Craig Rispin, - Business Futurist and Innovation Expert, will be facilitating the BBG Open Chambers Forum of 30 Entrepreneurs, Innovators and Business Leaders.
If you'd like to understand the landscape of your future, and generate a steady flow of warm referrals for your business, this could be the answer you've been looking for
Hurry! Seating is Limited
We look forward to seeing you there!
WHEN

WHERE
The theatre room, NAB - 700 Bourke St, Docklands, Melbourne, VIC - View Map
Forget about your previous experience of networking and referral groups ... BBG has been designed from the ground up to overcome the challenges that business owners and leaders face in generating new business.
Our unique structure, best-of-breed tools and professional mentoring program will help you to build an army of informed advocates for your business.
Join us as a guest at our BBG Open Chambers Breakfast Briefing and we'll show you how we can help you achieve your growth objectives.

click here to register today

This meeting is strictly limited to 30 people.

Saturday, August 13, 2016

Friday, August 12, 2016

What Aus Govt is looking to do for Innovation in Australia

This report was published by the Australian Government, Senate Economic References Committee, December 2015. 

It's an excellent study of Australia's innovation system and useful reading for anyone interested in innovation.

In the report innovation is described as "ideas applied successfully".

List of recommendations

Recommendation 1 paragraph 2.22

The committee recommends that the Australian Government commits to maintaining stable, coherent and effective administrative arrangements for innovation policies and programs, based on a long-term strategic framework and a target to lift investment in research and development to three per cent of GDP.

Recommendation 2 paragraph 2.32

The committee recommends the establishment of an independent government agency with a mandate to administer and coordinate innovation system policies and programs. Such a body would be responsible for maintaining a continuous and consistent approach to innovation policy across the whole of government.

Recommendation 3 paragraph 2.48

The committee recommends that the Australian Government, as part of its long-term innovation strategy, includes policy options to address the structural and strategic barriers that inhibit innovation, including: measures to enhance collaboration and the free flow of knowledge between the university system and the private sector; increasing the size of the research and development workforce employed in industry; and ensuring that public funding to support science, research and innovation is long- term, predictable and secure.

Recommendation 4 paragraph 2.57

The committee recommends that the Australian Government, working in collaboration with State and Territory governments, adopt a range of measures to support the role of local and regional innovation ecosystems.

Recommendation 5 paragraph 2.66

The committee recommends that the education system be accorded a central focus in the Australian Government's long-term innovation strategy, thereby acknowledging the central importance of the interplay between the STEM subjects and the humanities, social sciences and creative industries.

Full report and response to recommendations:

http://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/Innovation_System/~/media/Committees/economics_ctte/Innovation_System/Final_Report/report.pdf


Tuesday, August 9, 2016

Mega-Trends in Wearable Tech shape a new Era of Smarter Connected Living

Emerging Paradigms and rapidly Evolving Mega-Trends in Wearable Tech shape a new Era of Smarter Connected Living …

A new chapter of Meaning & Substance in this Digital Age of Reason has begun and transforming the world of Immersive & Experiential Innovation. Technology is getting increasingly more pervasive and hyper-personal. The IoT/IoE/Web3.0 revolution has indeed sparked smart/connected Living at the intersection of multiple industries from smart homes, industrial internet (with GE dubbing the term IIoT) to autonomous vehicles (which are rapidly maturing as I personally experienced couple of weeks ago test driving the new Tesla in the heart of Si Valley).

Coming to the topic of this conversation, the smart wearables and devices ecosystem is undergoing major paradigm shifts with recent advances in sensor technologies. Developments are bringing about radically new benefits and disruptions in the Safety/Security, Health/Wellness, Education/Learning & Fin-tech domains. On top of that embedding Gamification as a horizontal theme adds to the value proposition bringing about several new use-cases.

IoT or IoE (as Cisco like to calls it) is rapidly making a bigger dent in our daily lives. The numbers are up for grabs (from 50bn connected devices from the likes of Ericsson to 7 trillion according to Amdocs). A major touch point for IoT that is bringing a new meaning to personalised convergence is the space of ‘Wearables’. In layman’s terms it is actually a broader area from ‘Inneables’ (that includes Implants, Ingestibles i.e. in the body), to ‘Wearables’ (as we generally use the term i.e. Wrist-worn, Eye-worn, Smart clothing which is on the body) and then finally ‘Outables’ (around the body). Other sub-terms gaining traction are ‘hearables’ which opens up more convergent opportunities leading to ‘disappearables’ in the not to distant future! We can see that IoT is headed to become the ‘Intelligence of Things’.

There is enough real-estate/surface-area for Wearables to work on which can be used more wisely. Tech has rapidly been evolving in Flexible screens (from rollable, bendable and foldable) to alternative natural energy harnessing from the likes of kinetic, body heat, etc. which opens up several new possibilities. We are seeing the application of nano-technology with materials such as Graphene making a substantial difference here. And then in terms of maturity of natural user interfaces (NUI) we again see disruptive developments in areas such as hand-gesture control (e.g. Google’s project Soli).

We are witnessing an exponential growth in Wearables as they ‘cross the chasm’ from early adaptors to early majority who want actual solutions (to real pain points and problems) and convenience rather than just cool tech.

In the next wave of sensors precision, accuracy and quality formulate a strong foundation to build compelling solutions around. With continuous measurements of parameters such as HRV (Heart-Rate-Variability) we can gauge detailed metrics like physiological stress. And when we collate other valuable & variable data such as EEG (brain-waves), galvanic skin response the proposition becomes significant for deep analytics that can be utilized for proactive / predictive means to influence behavioural change. Big Data, after all is only useful if actionable insights can be promptly derived from it.

The ability to rightly digest that big data is another art or should I say science, immersive/interactive visualisation is probably the most formidable tool to that effect. HMDs/eye-worn wearables are transcending story-telling to a new level with applications around AR/VR – really a more potent combination called MR (Mixed or Mediated Reality). This space is gaining swift traction across many sectors from Edutainment to Enterprise Mobility. Along with 360deg video and holography the proposition to provide a ‘better way to see’ becomes quite powerful.

We see new enablement and increasing empowerment for individuals to take greater charge in their own hands as ‘prosumers’. A holistic perspective is required to integrate relevant elements of the above to build a compelling and highly customisable proposition. We see immense need for both ends of the spectrum – from the young minds of tomorrow (children) with areas to address such as obesity, attention spans, mental health/stress management, balance between digital (screen time) and physical play through to the golden agers / elderly where there is a sizeable growth in ageing population and increase in chronic conditions - Heart diseases, Dementia, Alzheimer’s and so on.

There is a need to micro-segment and setup a strong foundation i.e. a smart platform that can address various vertical needs. This will speed up the penetration to meaningful independence for the wearer whilst bring peace of mind and transparency to the carer.

It is not just about creating ecosystems, rather curating appropriate ones along with orchestration of smart platforms to bring about this transformation. Fast-tracking opportunities from ‘Sketch-to-Scale’ (as Flex like to dub it) is an engaging approach to bring mind-to-market or ideas-to-impact in this era of ‘Connected Intelligence’.

Amongst the clutter of connected devices we are living with and that are constantly flooding the market there has been dilution of purpose e.g. just look at number of fitness tracker bands/smart-watches flooding the market. This poses a colossal opportunity to provide hyper-contextual solutions of substance with clear/meaningful benefits. We are subsequently witnessing an emerging mass movement to de-clutter from the un-necessary and put our focus towards the essence of what’s important in our lives.

As Peter Diamandis (Exec chairman of SingularityU) says to stay ahead of the curve in these extraordinary times we need to reason exponentially not incrementally, thinking big to impact the billions and not just millions. With the mass democratization mega-trend across industries it has never been more exciting times for the individual to take on relevant tech & its benefits by its horns.

It is the power of connected simplicity (or ‘Simplexity’) through smart, simple and effective integration of robust technologies that will hide the complexity in the back-end whilst flourishing the benefits in the front-end.

As part of the holistic ‘health in your hands’ approach referring also to Eric Topol’s ‘The Patient will See you Now’ we are talking of the hyper-empowered individual who is ready to take full charge. This synergizes well with the ‘flipped classroom’ old school transformation in the education domain where the ‘teacher’ is ‘no longer a sage on the stage anymore but a guide on the side’. This mega-trend is a key change agent to bring about innovative/more meaningful solutions to the market addressing some of the major problems that face us today.

The ultimate focus needs to revolve around providing a delightful User Experience (UX which is really a function of the Hardware, Software, Content/Apps & Services). Human centred design thinking with context adaptive tech will be integral to providing the most relevant solution.

Consumers are playing an increasingly role in co-creating the value from the new-age products and services. An interesting blend of function and fashion are leading the next generation of devices. An essential ingredient to the conception of novel solutions will be to address the WHY with a strong enough Purpose that in turn through deep Passion will trigger the right stimuli.

Taking a holistic approach into transforming information to valuable knowledge and into subsequent wisdom will lead to the next wave of disruptions. With this age of reason & meaning we are noting an interesting inter-play of EQ over IQ (mind & spirit over matter), form with function which is leading to brands leveraging more equity with ESP (Emotional Selling Propositions) rather than simply USP (Unique Selling Points). We need to build a lot more empathetic solutions applying innovation techniques such as ethnography, nano-segmentation and culture immersion. To that effect a great initiative I have been fortunate to support is a movement on Global Empathy called ‘Stand in My Shoes’. I represent this as part of a principal shift from ‘mindset to heartset’ as we need to advance into a foresight driven approach.

A dream and a vision that I was privileged to share with H.H. Dalai Lama several years ago is coming closer to reality where intelligent machines get more spiritual and technology deeply embedded in holistic wellness and life management. This is a substantial topic and calls for separate discussion.

Let's embrace this dawn of the new Digital Era where we can play an impactful role (‘get into the zone’, ‘collabovate’ and create some magic) to shape a more meaningful super-connected future.