Other

Is Recruitment Part of Your Innovation Strategy?

Most of the time, people who embrace innovation is focus on the structural and cultural context of the company and how supports a strategy of innovation. For instance, many companies choose to take the team responsible for building a disruptive innovation and locate them elsewhere (It’s often referred to as the “skunk-works” group.)

 But we should go back a step – are we hiring people who embrace innovation? When we interview candidates are we looking for risk takers and entrepreneurs, people who thrive on a diverse set of experiences and interests? Or are we looking for people who are focused on their area of competence, attended top schools in that area and done very well and have some experience in that arena.

As an executive coach and consultant, I increasingly am encouraging executives to ask whether they’re looking for people who could become future leaders or not. If they are seeking the former, they need to investigate the person’s diversity of interests, experience with creativity and respect for innovation.  Standard job competencies like teamwork and collaboration, make them good workers – but may not be indicators of leadership skills which will encourage risk taking,

All too often, executives tell me they are considering merging or acquiring another firm in order to internalize more innovative energies. While inorganic approaches are good, better still is to do so organically. How do you recruit for your innovation strategy? Share some of your best practices.

pillole x erezione

Mindset: What’s Your Perspective?

Several months ago, I wrote a blog about the difference between Growth and Fixed Mindsets, as described by Carol Dweck in her excellent book, Mindset: the New Psychology of Success. After several studies, especially one in which subjects were asked to solve a difficult problem, people with a growth mindset believed, despite failing the first time that they could solve it by improving their strategy. Indeed, despite the fact that the problem was originally designed to be too difficult to solve, some actually did!  In contrast, after similarly failing, people with a fixed mindset believed that they would not be able to solve the problem by denigrating their abilities (e.g., I’m not very smart, I have a bad memory, I’m no good at these things.)  In other words, as Matthew Syed notes in Black Box Thinking, people with a growth Mindset see mistakes as their friends, spurring them to learn more and try new things.  Indeed, to use Angela Duckworth’s framework of grit (see Grit: The Power and Passion of Perseverance, people with grit have a growth mindset, which is why they persevere.

As you know, I work with lots of people, especially CEOs and other leaders, and recently someone recommend that I read Leadership and Self-Deception: Getting Out of the Box, by the Arbinger Institute. It too, speaks of contrasting mindsets – but attaches a different meaning to mindset. Arbinger is not focused on self-belief concerning internal capabilities versus external circumstances, but how people view other people with whom they connect such as co-workers, family, friends, etc.  When people have an inward mindset, they are self-focused – seeing others as objects or tools to be used for their own purpose. So you might get very angry when someone inconveniences you by coming late.

In contrast, with an outward mindset, we connect with people and others-inclusive way – seeing people who matter like we view ourselves. We show equal respect by understanding why the person was late, knowing it could happen for lots of reasons that might be beyond the person’s control.  Another example: When you do something you think is nice for others, are you doing it because it’s something you want to do or something they want done for them?

So the implications of the inward-outward dichotomy are completely different. Its focus is on understanding why people are more likely to work together collaboratively and productively with others: they have an outward-focused rather than self-focused mindset. Indeed, whatever one’s self-belief (growth or fixed), our performance with other depends on how we see and respond to others!

Try using these two different mindset perspectives to understand you and your interactions with others. Then, with us share the insights you gained about yourself and how these tools help you!

The Human Side of Automation

In the short run, the automation of physical and knowledge work advances, many jobs will be redefined to permit and encourage human creativity and innovation. Are we up to the challenge?

Watching IBM’s Watson, Rethink Robotics’ Baxter, Google’s driverless car, automated check-in kiosks and automated passport control processes at airports, and aircrafts’ autopilots guiding the majority of the flight, and you realize the potential of artificial intelligence and advanced robotics to perform tasks once reserved for thinking humans.  In a McKinsey study, the authors recognized that our focus, in the short run shouldn’t be on occupations but on specific activities that are replaceable.  For instance, they estimate that activities consuming more than 20% of a CEO’s working time can be automated using current technologies. These include analyzing reports and date to inform operational decisions, preparing staff assignments and reviewing status reports. As technologies improve, the percentage will grow.

Thus, as we progress, we should increase our focus on core human experience – creativity and sensing emotions – which are more difficult to automate. They estimate that only 4% of work across the US economy requires creativity at a median human level of performance; the comparable number is 29% when it comes to sensing emotion.  While these estimates reflect on the impoverished nature of our work lives, they also suggest the potential to generate a greater amount of meaningful work, as people reduce their level of routine and repetitive tasks.

One example that is beginning to take place: financial advisors might spend less time analyzing the data underlying clients’ financial situations and spend more time understanding their future needs and develop and explain creative options. Similarly, interior designers could spend less time taking measurements, developing illustrations, ordering materials, etc., and spend more time developing innovative design concepts based on clients’ desires.

Think about your job. How much of it can eventually be replaced by smart machines? What could you that would be more meaningful – to you, the organization and the customers – with that extra time?  If you come to the same conclusion that you can increasingly be freed up for more creative and meaningful activities, maybe it’s time to focus on “humanizing” the workplace!

What are your experiences now?  What do you think the future can bring with it? How do you plan to get “from here to there”?  Share with us.

Drive the Longevity Economy

Today, 60 million Americans are 60+ years old; every day for the next 14 years, 10,000 people turn 65. By 2030, 20% of our country will be 65 years of age or older. In 1935, when Social Security was introduced, life expectancy was 61.7; current average life span is mid-80s; the fastest growing segment is people 100+. Then, 17 workers were supporting each beneficiary; by 2035, the ratio drops to 2:1.

As we live longer, stay healthier and have greater financial resources than prior generations, we have the opportunity to create a longevity economy in which new products and services can be developed, marketing and consumed to meet the growing needs of adults living to 100+. Indeed, probably half of the products and services used by this audience in 2050 haven’t even been developed.

As Paul Irving notes in The Upside of Aging, we can take advantage of the opportunities by understanding the trends and being creative. Indeed, it’s heartening to know that older adults outnumber millennials as entrepreneurs (e.g., Kauffman Foundation) and that several organizations are focused on helping people of all ages develop the new products.

To stimulate your thoughts, here are some categories to consider:

  • Technology
    • Robots to help around the house, with travel and provide company
    • Exoskeletal equipment and driverless cars to provide greater mobility
    • Smart clothing to adjust to temperatures
  • Healthcare
    • Telemedicine for diagnosis and treatment
    • Micro-sensors to boost eyesight, hearing and neurosensory functioning
    • Human Biomarkers using genomics
  • Antiaging, human enhancement
    • Nutraceuticals to fight aging and increase energy
    • Cosmeceuticals to keep skin and hair youthful longer
    • Brain enhancement supplements and hormones
  • Financial services
    • Longevity insurance
    • Robo-advisors for wealth preservation
  • Lifestyle Support
    • Lifelong learning alternatives
    • Specialty services for travel, entertainment
  • Housing Alternatives
    • Progressive living improvements
    • Ergonomic home supports
  • Work Improvements
    • Virtual work-settings, flexible schedules
    • Age-friendly work-ergonomics

So, find your innovative passions and either become an entrepreneur or an investor, and help create the future!

To Change Attitudes, Create Human Connections

For decades, researchers have tried solve a puzzle: what’s the best way to change strong attitudes, such as prejudice.  The answer, as Steve Hilton makes in More Human: Designing a World Where People Come First is to be giving people the ability to see others as being more like us than not.

In the 1960s, the approach to ending “separate but equal” and creating equal rights for was integration – give people of different races (and by extension other groups) contact with one another so they will reduce their prejudice. That didn’t work, because contact alone doesn’t change a fundamental belief that “we’re in this bigger picture together”.  Two psychologists, Muzafer and Caroline Sherif created “The Robbers Cave Experiment” (1954) to discover what might enable two conflicting groups to overcome their prejudices – and discovered that the answer was the creation of a super-ordinate goal: a goal that could only be accomplished if both groups see each other as humans, like themselves, rather than stereotyped “others”.

More recently, we’ve seen this same phenomenon take place when staunch anti-gay rights conservative politicians, like former vice President Dick Cheney, broke with his opposition of gay marriage for his lesbian daughter. So did Senator Rob Portman, upon learning his son was gay, because he now viewed the issue from “a new perspective, and that’s of a dad who loves his son a lot and wants him to have the same opportunities that his brother and sister have – to have a relationship like (my wife) and I have had for over 26 years.”

For presenters, therefore, the key is to bring theoretical issues and global facts down to the human level: how will it affect the audience’s lives directly. Smart politicians recognize this. When trying to get change in the health care system, they raise lack of access and high costs of health care as an issue; but they then tell the story about specific people (which members of the audience can identify with) who did not get the help they needed and were fatally injured as a result. Corporate sales people do the same: they don’t focus on the benefits of time, cost, and convenience as factual issues; they translate them into the benefits that the actual buyers and users will individually experience: the ability to do their job faster, with fewer errors, and more powerfully so they achieve their goals (e.g., more money, time and growth opportunities)

Take a look at your presentation: does it translate the facts and figures into concrete insights and benefits that the audience can immediately appreciate will make his/her life better?  It’s not easy to do at one sitting; you need to grasp the concept, step away, and then come back and make it human.

What’s your experience? Share it with us.

Presentation Training Workshop

Be the Best Presenter You Can Be
Thursday January 11, 9AM to 5PM

More Info
Win More Bids! Get our e-book:
Present To Win The RFP
.

Need a Speaker for Next Event?

Request Today
Let us know your needs
For Business Owners & CEOs
Be an Even Better Leader
Outperform Your Competitors!
Learn why 21,000 leaders
belong to Vistage Worldwide

Does Your Website Attract
New Businesses?

In any industry, your site
can sparkle - and sell!

Request Evaluation
Get 15-min review of your website from Market Smith, leave with game-changing insights.

Company's revenue plateaued?


Maybe it's time to Re-brand!

Request DBC's Rebrand Plan

Market Your Company More Effectively!

Request free Book
'The Growth Gears'

Request today!
from Chief Outsiders

"Better Way" Webinars
View Many of Our Past Webinars

Learn, Enjoy and Prosper
youtube.com

Watch Some Executive Breakfast Club Presentations

Watch Video
executivebreakfastclub.com
HR. com recognized the Presentation Excellence Group
for leader excellence in the Leadership Partners & Providers category.

Calendar

December 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031