Recognizing “ Innovating for Impact “ is relative and can mean different things – success requires perspective and a certain mindset with people being on the same page, be highly curious, motivated and competent, as well as have shared values and objectives.
An example of this are the following comments by Bill Gates about Warren Buffett –
“ I like talking with Warren because of his ability to look at what’s going on in the world and be fascinated and surprised. We marvel over unexpected things from various perspectives or frameworks. He knows so much about business and sees so much. Because of this, there are many things to discuss and consider – and what it means – and why he thinks that it is. He brings such a sophisticated framework and humility that makes it very informative and fun. I would rather talk to Warren about business and the economy than anyone else. “
This approach is also very applicable for those interested in making innovation more rewarding. To be better positioned for success, is why having an “ Innovation Brain Trust “ with different and high caliber competencies is important with people being good at –
- Exploring and trying
- Having strong look ahead
- Thinking strategically and long term
- Asking questions and listening
- Collaborating
- Being humble
- Following through on good advice
- Learning fast and adapting
- Leveraging knowledge, skills, and connections – your own and others
- Adding value and creating synergies
- Being responsible and results oriented
- Has the right Aptitude and Attitude
- Pivoting – sooner than later
- Being sophisticated in managing risk
And recognize –
Knowing how to look at things, adds 40 to your IQ.
Knowing what to do, adds another 40 to your IQ.
And by being good at both adds 80 to your IQ. …. Or, almost doubling average intelligence !
From this, it’s easy to see that – “ knowing how to look at things “ and “ executing on insight matter “ !
For more insights on having a framework or perspective to make innovation more rewarding, see other information at Innovation for Impact and elsewhere.
May 3, 2024 CAIL Innovation commentary info@cail.com www.cail.com 905-940-9000