Failure – Changing The Perspective on Failing
Failure is a strong word. There's nothing wrong with failing. It's going to happen if you're pushing the boundaries. It's all about how you improve afterward.
Failure is a strong word. There's nothing wrong with failing. It's going to happen if you're pushing the boundaries. It's all about how you improve afterward.
Innovation and You There's no denying innovation is important. You often see startups oozing with innovation completely disrupt a market and consequently, there are tons of people out there with dreams to do the same thing. How do you jack up the innovation level in your company? Why is it that startups seem to be so much better at innovating even though multi-million dollar companies have the people and financial resources to throw at R&D? Why do big companies suck at innovating? The answer starts with your employees. Empowering your employees to innovate and embedding innovation in the work culture is key to ensuring your company continues to innovate. With big companies, the focus moves from innovation to profit maximization. Over time though, some small team of highly innovative individuals are going to find a way to do it differently…
Last week I mentioned a colleague of mine, Tayfun Uzun, had a little surprise. He's put together a great write up on intrapreneurship and what it means to be an intrapreneur. The importance of Intrapreneurship Innovation is the life-blood of any organization; we have all heard it and one way or another understand it. Actually, let me rephrase that. Revenue is the life-blood of any organization, but innovation begets revenue. One big movement in large companies is the idea of intraprenuership, the act of behaving like an entrepreneur within an established organization. Intrapreneurship is baked into your culture--it starts from your first hires in a start-up and needs to persist as you grow. It is not something that you can take a two day course and learn, much like entrepreneurship. Why do you need intrapreneurship? Well, innovation is what sells.…
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