‘How Great Companies Fuel Innovation Through Diversity’

Photo by Nadirsyah Nadirsyah on Pexels.com

The cultural intelligence of the individuals on a diverse team determines whether the team’s diversity promotes or deters innovation. Improve CQ to gain the benefits of diversity.’

Your mind is your most powerful asset for innovation. By conscioualy paying attention to innovation and the diverse perspectives around you, you’re primed to come up with more innovative solutions.’

Discipline yourself to overcome the increased distractions that come from a diverse team and focus on defining the problem and solving it.’

‘Diversity makes or breaks the success of implementing an innovation.’

Take control of your physical space in order to create the ideal climate for culturally intelligent innovation.’

A culturally intelligent leader helps teams work interdependently when task uncertainty is high.’

Learn what builds trust among your diverse colleagues and users in order to accept the risks that are necessary for successful innovation.’

‘Great ideas mean nothing if they can’t be effectively implemented.’

High-performing teams communicate less during intense, high workload times than low-performing teams do. That’s because they’re relying upon an implicit coordination that emerged at the beginning during times of low stress.’

‘A crucial part of culturally intelligent innovation is selecting the best idea and getting others to support it.’

‘Diversity is unlikely to impede implementation as long as you develop a plan for implementation.’

Deliberate together until you have an idea that everyone views as ‘mine’ and ‘ours’. This requires bottom-up initiative and top-down direction.’

Watch a diversity of users test a prototype, and adapt the design accordingly. Look for what features they focus on most and least.’

Source

David Livermore (2016). Driven by Difference: How Great Companies Fuel Innovation Through Diversity

10 Rare Lessons For Entrepreneurs

Photo by RDNE Stock project on Pexels.com

‘Nothing extraordinary is ever achieved through ordinary means.’- Tren Griffin

‘A startup is a temporary organization designed to search for a repeatable and scalable business model.’- Steve Blank

A company is a permanent organization designed to execute a repeatable and scalable business model.’-Steve Blank

If you don’t have the right product and you don’t time it right, you are going to fail.’– Bill Campbell

The question is not ‘Can this product be built?’ Instead, the questions are ‘Should this product be built?’ and ‘Can we build a sustainable business around this set of products and services.”’- Eric Ries

‘Every action you take in product development, in marketing, every conversation you have, everything you do- is an experiment. If you can conceptualize your work not as building features, not as launching campaigns, but as running experiments, you can get radically more done with less efforts.’- Eric Ries

‘New customers come from the actions of past customers.’- Eric Ries

You want an idea that not many other people are working on, and it is okay if it doesn’t sound big at first.’- Sam Altman

No growth hack, brilliant marketing idea, or sales team can save you long term if you don’t have a sufficient good product.’- Sam Altman

You will know if you like venture capital well before you know if you are any good at it.’- Sam Anderson

‘In anything worth doing, it takes a team to win.’- John Doerr

Source

Tren Griffin (2017). A Dozen Lessons for Entrepreneurs