Ideas are cheap. Execution is everything. People with an open mindset are crucial to execution and push companies forward. Good ideas do not automatically lead to useful innovations. Ideas are worth nothing if you don't execute them. The implementation may generate millions. People who implement ideas are a significant factor in success. Only good people can properly execute ideas. Be one of them!
The way to get started is to quit talking and start doing. The immediate execution of ideas has a higher impact than long discussions. Many companies have an influential culture in meetings, but a poor culture regarding workshops. Don't waste money by sitting around discussing. Workshops help to achieve results and make immediate progress towards a common goal, decision, or consensus. Stop talking; start doing!
Sometimes later becomes never. The faster you can sort out ideas, the quicker you can decide to pursue them. This manner saves you frustration and time. Trying out ideas sooner and starting right now has three advantages: Failures occur quicker and eat up fewer resources. The number of missed opportunities and expensive failures decreases. The number of fruitful ideas increases. Do it now!
Any fool can make things more complex. It takes a touch of genius and a lot of courage to move in the opposite direction. Simple prototypes with fewer but necessary features are more customer-oriented than finished products with fancy but useless features. Prototypes reduce time-to- market as well as the risk of developing products that do not meet market requirements. Keep it simple!
Don't deliver a product, provide an experience. Do not stop your thoughts at technological solutions and, therefore, incremental innovation. Broaden your view to a holistic vision of what your company is doing. Question the rationale of how your organization creates, delivers, and captures value in an economic, social, cultural, or another context. Each setting can be adjusted. Think outside the box.
Don't ask for permission. Ask for forgiveness. Employees prioritize safety and predictability over taking risks and trying new things. This behavior leads to weak innovation. If companies demand outside of the box thinking, they have to protect and enable their innovators by building trust, respect, and honest communication. Empower the rule-breakers!
Without data, you're just another person with an opinion. Making decisions based on assumptions can be extremely dangerous. Newly developed products and services rarely meet all customer needs right away. Later changes often are expensive. Therefore, it is necessary to evaluate all information before making decisions. Research, experiments, and prototypes help to generate data and insights. Measure it!
Activities that target on new business, products, or services by introducing new techniques, applying new processes, or establishing successful ideas.
Transform your company into a future-proof, customer-centric organization.
Generate ideas with which your company will earn money in the future.
Guide your teams to realize business model innovation and de-risk your projects.
Dr. Nils Jeners
Nils is a digital native and has over ten years of experience in the field of innovation. He supports companies in implementing innovation strategies and new business models. Nils catalyzes ideas from corporate leaders in the areas of strategy and innovation and provides advisory from the initial thought to market entry.