GreyMatter

Fostering Innovation

We spend most of our lives in an “operational” world – one that is defined by rules, routines and rationality. But Innovation requires a different skillset that includes connection making, curiosity and experimentation. So, how does one go about building a culture that fosters these values?

This week, I had the privilege of attending a workshop run by Amazon’s Innovation team on Customer Centricity and Building a culture of Innovation. And, here are some of the principles that particularly resonated with me…

  • The key is learning how to handle experiments and failure; If you already know its outcome, it doesn’t count as an experiment
  • Culture ultimately drives Innovation; Make sure your hiring, reward & recognition, performance assessment, etc. are all aligned to support it
  • If your focus is on truly improving the life of the Customer, the other business metrics are sure to follow
  • When working on a new product/service, take the MVP route: What is the smallest thing I can do to test my idea? Then, release to users. Then, iterate and improve.
  • Avoid slide decks, and instead aim for simple narratives written in customer-speak; It will provide much-needed clarity on what will really work (and what will not!)
  • When it comes to Innovation, you need to be “Stubborn on the Vision, but Flexible on the Details” ~ Jeff Bezos

Much of this may seem like common-sense, or even something you may have read elsewhere. But, try to implement any one of these (at a team or organization level), and you will truly appreciate what goes into making it happen.

It may take a while to get there, but the reward is well worth the effort.