The Innovation Show

Solving Innovation's Killer Problems with Peter Compo Part 3

8 snips
Sep 5, 2024
Peter Compo, an expert in emergent strategy and innovation, dives into the pressing challenges of innovation, known as 'killer problems.' He emphasizes the influence of disciplined actions on high-level aspirations, using relatable examples like running a bike shop. The discussion covers the importance of controlling inputs, creating influence diagrams, and unifying efforts across organizations. Peter also draws fascinating parallels between leadership dynamics and nature, stressing the need for clear goals and adaptability in strategy.
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INSIGHT

Discipline Enables Creativity

  • High-level aspirations can't be managed or achieved directly; lower-level disciplined actions lead to desired outcomes.
  • Creativity and freedom at high levels emerge from discipline and rigor at low levels.
ANECDOTE

Bike Shop Strategy Example

  • Running a bike shop shows how strategy frameworks link aspirations to practical choices.
  • Working backward from high-level goals produces influence diagrams that clarify needed decisions.
INSIGHT

The Coherence Challenge

  • Innovation faces a killer problem: there's a vast number of choices that must be coherently made, impossible to manage individually.
  • Coherence among myriad decisions is essential for successful outcomes.
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