
Sign up to save your podcasts
Or


Being content may be a positive emotion in some senses. Not so with innovation. If you are ready to rest on your laurels after a triumph or a stressful circumstance, get ready. Major change could be looming around the corner. Let me explain why I believe being content can be the enemy of innovation.
First, consider what being content means. Feelings of peace, calm, acceptance of where we are in life, happiness, satisfaction. Doesn't sound too bad. The problem comes when we embrace contentment to the point of giving up. We don't want to let go of being content. Therefore, we avoid conflict, stress or anything that may rock the boat and shake up the status quo.
Innovation is the antithesis of stasis. It's about being tuned in to what's wrong with the picture. Not just seeing the problems but seeking ways to improve on things. When we are fixed on being content, we develop a false sense that change is slowing down. It's at this time that we will miss the weak signals, subtle signs that major change is coming down the pike.
A false sense of satisfaction is its own form of an innovation antibody. This state of being content will cause you to shy away from change and avoid risk. You will trade off the challenges of innovation, going against the grain, for that easy feeling. Being content becomes the enemy of innovation. True innovators are not content.
Three or four times across my life I've slipped into this state of being content. That is, I felt satisfied and turned on autopilot. Rather than being active, engaged and looking for new ways and new directions to move, I put blinders on and checked out. The content feelings were short lived. I was taken off guard. Some major change in the world around me took me by surprise. The contentment quickly dissolved.
Don't get caught off guard. Here's what you can do to keep the enemy of innovation at bay.
There are always problems to be solved. Find a problem. Then go innovate a way to fix it.
Five Minutes to New Ideas
Some products or services evoke strong emotional responses. They are either loved by devoted fans or hated by others. Plenty of companies trade on the fact that mainstream culture will find their product offensive or questionable.
Is there any benefit or purpose to being strategically disliked by some and adored by select devotees? Listen to Five Minutes to New Ideas to hear why you might consider this approach.
The Killer Innovations podcast is produced by The Innovators Network.
Ever wish you could travel the world discovering better ways of doing things? The next best thing - read the book. Author Mark Stevenson is an innovation explorer. He's visited remote parts and populous cities worldwide. This 'reluctant futurist' searches for people whose innovations are making a positive impact. In the process, he's discovering the roadmap to a better future. His book, We Do Things Differently: The Outsiders Rebooting Our World imparts the stories of those paving the way.
The rapid pace of change in today's world leaves many behind. Advances in technology can create a wake of unintended consequences. Mark isn't here to paint a doomsday picture, but to illuminate the roadmap to a better future. His book tells the story of innovators, inventors and creatives who are making major impacts on communities.
Technology has often led to job losses as new processes replace old ways. It is a certain fact read out in headlines throughout history. Loss of jobs due to tech advances is a transition from an old economy to a new one. A better future demands that education, government, and other systems swiftly adapt to these changes. While some countries such as Estonia address this need, many do not. The catalyst for his book is those who have successfully affected systemic changes. They are the ones plotting the roadmap to a better future.
Mark lays out the good, the bad, and the ugly. The next twenty years are critical in developing the roadmap to a better future. Major changes are necessary in our systems of education, government, healthcare, and businesses.
Mark wants to "make the transition less messy for less people and make it a little bit shorter."
A systemic approach to tech advances is essential for a better future. Mark dislikes the moniker "futurist". The term suggests one who sees technology as the answer to all problems. For Mark, technology is the question. Technology development should not be done in isolation. People must evaluate factors beyond the technology itself. Policy makers and innovators alike have to step back and look at the big picture. What are the far-reaching, future results of the technology? How will it affect society? Developing the correct measure for success is just as important as developing the innovation.
In the quest for discovering systemic changes that work, Mark has found common threads:
To find out more about Mark and his books track him on Twitter @optimistontour or via his website: markstevenson.org.
Five Minutes to New Ideas
How do you design a product the customer will prefer or crave over the competition?
You need to determine
Go beyond the competition. Look at industries that are distinctly different but share similar key elements with your business. By asking the right questions and looking at non-obvious businesses, you may find that one inspiration that can transform you and your ideas.
The Killer Innovations podcast is produced by The Innovators Network.
When civic and business leaders have a meeting of the minds, amazing things can happen. Cincinnati is home to several major corporations and health care organizations. The demand is high for tech innovation. This midwestern city has created a unique approach to draw in the best talent. Cintrifuse is the confluence of innovation in Cincinnati.
Cintrifuse exists through public private partnership. Its purpose is threefold. It's a startup accelerator and venture capital fund. It's also the go to source for large companies seeking innovative solutions to their tech problems. CEO Wendy Lea comes to Cincinnati from Silicon Valley as an expert in digital innovation.
[shareable cite="Wendy Lea, CEO Cintrifuse"]To build a sustainable economy, you have to have supply and demand. We're unique in that we have two portfolios of supply for startups and we have an amazing set of large companies with strong appetite for technology innovation.[/shareable]
West Coast to MidwestArriving in the Cincinnati area, it surprised Wendy to find six major healthcare systems in the region. In addition, there are 140 major companies including Proctor & Gamble that call this area home. The local government sought economic growth. The need for cutting edge tech innovation and economic growth brought all these players together. The perspective from the various communities is distinct from what Wendy's observed in Silicon Valley. These communities work closely together to tackle regional issues. Their collaborative effort formed Cintrifuse.
Startup versus BigCoContrary to what one might think, this is not a face off between startup and big companies. Large companies seek to draw the entrepreneurs, ideas and talent. They are the customers to the startups product or service offering.
Growing the Startup CommunityWendy has seen Cintrifuse's portfolio of startups grow 40% year over year. What started with eleven startups on the Cintrifuse books has grown to 470 startups in the region. Some startups that come through Cintrifuse's doors are located within the Cincinnati area. Others located elsewhere benefit from Cintrifuse venture capital funds. The benefits are mutual. The relationships developed allow Cintrifuse to connect startups with large companies seeking tech innovation.
To learn more about Cintrifuse, check out cintrifuse.com.
Check out The Innovators Network where you can listen to podcasts with Kym McNicholas on Innovation and Killer Innovations with Phil McKinney.
Exploring rural innovation, I stopped in Paducah, Kentucky. Drs. Lula Luu and John Crilly, founders of FIn Gourmet Foods, joined the mobile studio. Word got around town. Monica Bilak contacted me through The Innovator's Community. I'm pleased to welcome Monica and Jimi Gwinn. They share how Sprocket is inspiring student innovation in Paducah.
Sprocket is a makerspace for students and the local community to learn and create with access to technology. Three years ago, the idea emerged. Today, Monica is the Development Director with a background in education and design. Jimi Gwinn, the Director, brings engineering, woodworking and metal artistry skills to the table. A boiler room and coal closet transforms into an 840 square foot space to design, build, innovate.
The Creative DriversWhat brought Monica from East Africa to Paducah 17 years ago was a spirit of creativity. For a dollar, she bought a house under the Artist Relocation program. In her words, Paducah was "a little town that had something going." She opened a fair trade and coffee shop and worked in downtown development. Eventually she returned to her roots in education.
Life brought new challenges for Jimi Gwinn when he was in a car accident. One challenge was the awkward fit of his legs and wheelchair at the desks in college. He designed his own desk. Starting with basic materials, he finished with a mahogany, teak and burled cherry desk. He found his passion for woodworking.
Another life changing moment came with spinal fusion. The relief from constant pain freed his mind to think in new directions. He began designing a wheelchair controlled by body lean. A retired engineer pointed him towards University of Kentucky. Jimi jumped into the engineering program. His experience and training made him a prime candidate for inspiring student innovation. Monica recruited him to lead Sprocket.
The Perfect StormMonica was working with homeless 6th graders in an afterschool program. She introduced technologies and programming. Highly motivated, the kids loved learning in this non-traditional environment. Inspiring student innovation this way was one element of a perfect storm.
Local business, Computer Services Incorporated, reached out to educators. They valued their local employees and wanted to continue hiring locally. The problem – how to find the local talent. The next generation of skilled employees needed to build those skills now. The community went to work.
Monica took time off from her design degree pursuit. She focused on students' needs.
[shareable cite="Monica Bilak"]The district has the profound awareness that the world is changing really fast…the system of education is not aligned with how we think and need to work in this age.[/shareable]
They needed to develop highly valuable skills, build social networks and connect to local business and industry. The idea of a makerspace struck a chord. Sprocket launched with grants from the Kentucky Workforce and Education Cabinet, fundraising, and donations from companies like Toyota.
Lessons to ShareWhat Monica and Jimi learned along the way…
Keep up with Sprocket or support their effort at [email protected] or [email protected]. You can also contact them through Paducah Innovation on Facebook.
Is there a guest you think should be on the show? Is your community doing interesting things? Drop me note at Killer Innovations or The Innovators Studio on Facebook.
Every so often we should pause and reflect. On the way to the airport after hosting a South by Southwest meet up on neural diversity hiring, traffic was slow. This allowed an engaging conversation with the taxi driver. He asked me what led to success in my life. This prompted me to write down my 7 rules to live by. I hope these will help you in creating personal and professional success.
My 7 Rules to Live ByNow that you have my 7 rules to live by, define your own set of rules to creating personal and professional success in your life.
**********************************************************************************
Five Minutes to New Ideas
Weak signals are all around us. How can you stay attuned and take advantage of emerging trends or fads? Tune in to Segment 4 of today's podcast to learn more.
**********************************************************************************
Thanks for taking the time to join us. We'd love to hear your comments. You can add your comments at http://killerinnovations.com/.
Better yet, join us at The Innovators Community (http://theinnovators.network/community), an online Slack community where you can be a part of the conversation with leading innovators from around the world.
Creating safe transportation on the African continent takes a unique approach. The solutions of the Western world and Silicon Valley simply won't work. Colonial cities have grown into major urban environments. The infrastructure doesn't sustain the growth. Traffic jams, broken-down vehicles, bad road conditions are endemic. But there are individuals making a difference in creating safe transportation.
As our guest Barrett Nash says, "The best way to make a solution is to solve a problem you yourself experience."
A death defying motorcycle ride through a crowded city and a question of safety. Barrett Nash, Co-Founder and CEO of SafeMotos recalls the day. He took a ride on a motorcycle taxi through Kigali, Rwanda to meet roommate Peter Kariuki for a beer. The two men talked about the dangers of motorcycle taxi rides. This prompted them to imagine ways to make the motorcycle taxi ride safer. That's what it took to start the journey for SafeMotos.
Safety: An Obvious AssumptionVehicle travel across an urban setting in Africa can be fraught with risk. Sometimes the choice is waiting hours for a bus, sitting in traffic in a vehicle, or hopping on the back of a motorcycle taxi for a more convenient ride. While the motorcycle taxi might get you there quicker, the risk is high. In fact, the #2 killer in the emerging world is vehicle accidents. Eighty percent of accidents in Rwanda involve motorcycle taxis.
You would think people would jump at the option for safer urban travel. Not so. Creating safe transportation has its challenges. Selling it even more so. Initially, SafeMotos followed the Uber business model. Customers could locate a safe ride via smartphone. SafeMotos vetted and rated the motorcycle taxi drivers on driving practices and experience. For a higher price, people would get a safer option.
What the Customer Really WantsWhat they quickly realized is price and convenience outweighed safety in Kigali. To make their product offering viable, they had to consider the product/market fit and the pain points. Their focus shifted. Creating safe transportation became the by-product.
Blind Luck and Help from Unusual PlacesBarrett and Co-founder Peter have been at it since 2014. Doing business in Africa has challenges. While there is a spirit of entrepreneurship, few startups succeed. As Barrett puts it, blind luck put them in touch with an accelerator in Cork, Ireland. This helped jumpstart SafeMotos.
[shareable cite="Barrett Nash, SafeMotos"]Technology needs to disconnect from a Silicon Valley style problem solving format. We're not trying to solve middle class problems. We're trying to enable a middle class. That's where technology can really disrupt the arc of the story of Africa.[/shareable] Barrett's advice for startups, especially in Africa:
Barrett welcomes you to reach out at [email protected].
If you've got a guest you think should be on the show, drop me a note.
We're continuing trips across the country, talking to rural entrepreneurs. If you'd like us to stop by your town to meet your entrepreneurs, drop a note at The Innovators Studio on Facebook.
Today's show addresses questions from listeners on innovation KPIs. I'm back in Colorado after clocking 12,000 miles in the mobile Innovators Studio. On the road, I talked with interesting innovators and analysts. Taking a break from interviews, I'd like to answer your questions on measuring innovation success.
There are hundreds of Key Performance Indicators (KPIs) to measure innovation success. What are the right innovation KPIs to use? What KPIs will give insight into the innovation process? KPIs should be unique to your organization. Think through what KPIs will measure and how that can guide innovations and your organization.
KPI Building BlocksI've broken innovation KPIs into categories, like building blocks. Build up the blocks to get a complete perspective on your innovation effort.
Six categories for Innovation KPIs:
Customer success compared from old product to new innovation
[callout]
Guidance[/callout]
We'd love your feedback. What do you think about the five-minute focus in the last segment of today's show?
Like what you hear? Leave us a comment or review where you listen to the show.
Check out the show notes on Killerinnovations.com. We post on Facebook, LinkedIn, Twitter. Follow us on your favorite social media site.
Delays at the grocery checkout line set William Chomley on a retail innovation course. Like most of us who are short on time, a quick stop at the supermarket took longer than he liked. He began ideating on a better way to shop – reinventing the checkout process.
William Chomley, Founder and CEO of IMAGR, joins me in the mobile studio from his home base in New Zealand. He's been working on his retail innovation concept for three years. It's been an uphill trek, but the company is now ready to put the product to the test.
When Will's retail innovation idea sparked, he jumped in head first. Quitting his finance job, he focused on a solution using RFID (radio frequency identification) technology. It was simple: put RFID tags on products and eliminate the checkout line. But it wasn't that easy. He ran into roadblocks, cost to implement and technology limitations to name a few. His business failed.
Will didn't give up on his idea. He reworked it – went back to the drawing board. This time he did the product/market fit research. This involved a lot of talking and listening to retailers, researchers and investors. His new design incorporated computer vision, a form of Artificial Intelligence (AI). A computer with computer vision "sees" and processes information much like the human eye, then performs tasks accordingly.
With a new design plan, Will pitched to investor after investor. Rejection brought him nearly to the "end of his tether". Over 150 investors later, he finally got the funding in 2016. Through all, he held three jobs to keep afloat. Persistent and undaunted, Will kept going through tough times and held fast to his vision.
The SmartCart will undergo trial testing this year. It's a shopping cart equipped with small cameras to capture product data as the shopper places a product in the cart. The cart system is synced to the shopper's mobile phone. Through an app, the shopper sets up the payment method prior to shopping.
Looking back, Will has three points of advice for entrepreneurs.
The best place to track Will's retail innovation: www.imagr.co
If you have a guest you think should be on the show, drop me a note.
From the publisher's feed

10,913 Listeners

3,161 Listeners

2,181 Listeners

1,458 Listeners

9,625 Listeners

1,641 Listeners

1,089 Listeners

149 Listeners

2,209 Listeners

606 Listeners

3,977 Listeners

225 Listeners

655 Listeners

817 Listeners

156 Listeners