Tue, 10 December 2019
When you are going to reform something, the goal is to change it to something better. It is to reshape or correct something. It comes in cycles. We see it in the financial industry through Wall St. and the many government regulations. Policies, rules, regulations, laws, etc. all drive reform. What is the cataract to reform? To go in the opposite direction by deregulating, removing regulations to let the market take over. On today’s show, I am going to be discussing and explaining what innovation reform is. Innovation Reform Does innovation need reforming? Can something as nebulous as innovation be changed? The reason that this issue bothers me is due to the misuse of innovation, done in a whole variety of ways. Innovation tends to have minimized support financially. What is the proper role that innovation plays in our daily lives? We tend to view innovation as the new shiny gadget from Apple, Dell, or HP. The reality is that innovation plays a much more significant part of our daily lives. It’s the continuous role of innovation solving issues such as healthcare, education, politics, etc. It allows us to share ideas globally uniting us rather than dividing us. Back to my fundamental question. Does innovation need reforming? If so, what approach should minimize? Should more regulation or other incentives be applied? Or is there another completely different approach? 3 Key Areas of Innovation Reform What is wrong with innovation that requires reforming? I believe there are three critical areas that we, as innovators need to be thinking about:
How do we address these innovation reform issues? What are the best ways to address these issues? What do we as a society do to encourage innovation to solve the challenges we are facing? How to Initiate Innovation Reform How do we reform unethical innovation, stolen IP, transparency? Here are my proposals: Unethical Innovation
Stolen IP
Transparency
Five Minutes to New Ideas My grandfather had an old saying when I was growing up, “never burn a bridge.” At the time, I thought it was a strange saying, but only later did I realize what he was saying. No matter how bad someone treats you, don’t get angry or retaliate and destroy that relationship. Great leaders keep cool even when the attacker makes it personal. A president of a large corporation was confronted by an angry employee who stormed into his office and poured out his complaints. The president calmly listened and when the employee stopped, the president said thank you. The president had wisely remained cool like the writer of Proverbs, Solomon. He said, “A gentle tongue is a tree of life.” The person who winds up in charge is someone who can remain calm through intense stress and pressure. Stillness is the most universally outstanding quality of great leaders. Leaders don’t make the best decisions when in the heat of anger. Earlier in my career, I was overseas and saw two truck drivers who came face to face in a narrow street. Neither backed up to let the other go and they yelled and honked at each other. After a few minutes of watching this, I went on to a meeting. After a few hours, I returned to see them in the same place doing the same thing. Nothing happens when anger and emotion overcome reason. Nothing constructive happens. We need to recognize when we are in the wrong to avoid burning bridges.
Let’s connect; I am on LinkedIn, Facebook, Twitter. If we do connect, drop me a note and let me know. The email address is feedback@philmckinney.com, or you can go to PhilMcKinney.com and drop me a note there. If you are looking for innovation support, go to TheInnovators.Network or want to be challenged to develop the next big idea, check out our Disruptive Ideation Workshops. Don’t forget to join our Innovators Community to enjoy more conversations around innovation. |