Killer Innovations with Phil McKinney

What is future literacy? Future literacy is the ability to look at the world and understand how it will change in the future. This can be a valuable skill that historically has not been on most people's radar screen. Most people don't think about the future much. We focus on the present, and when we think about the future, it is usually what we want it to be. However, if we want to be ready for the future and take advantage of its opportunities, we need to start with our future literacy. Future literacy is about imagining the world 25, 50, or even 100 years from now and then looking back (backcasting) to today and making decisions accordingly. It is not about predicting the future but understanding the trends and influencers shaping it. What Changes Should We Watch? The world is constantly changing. New technologies, economic shifts, and social movements are just a few of the things that can cause dramatic change. By paying attention to them, we can get a glimpse into the future and start planning for what's to come. Some areas that are worth researching include: Technology: What new technologies are on the horizon? How will they change the world around us? We are seeing new technologies emerging all the time, impacting our lives. For example, the internet has completely transformed how we play, live, and work. It has enabled us to connect with people worldwide and given us access to the information we would never have had before. New technologies are also changing the way we interact with each other. Social media platforms like Facebook and Twitter are giving us new ways to communicate and connect with others. We are also seeing new technologies that are changing the way we live our lives, such as driverless cars and robots. As these technologies continue to develop, they will significantly impact our lives. It is crucial to stay up-to-date with the latest developments to understand how they will affect the world around you. Social Change: What social changes are happening now that will impact the future? It is essential to be aware of the social changes that are happening so that you can adapt to them—for example, the rise of the gig economy and automation. The gig economy is a new way of working that is becoming increasingly popular. People are increasingly choosing to work freelance or on a contract basis instead of full-time. The rise of automation is another. With advances in artificial intelligence and robotics, we are seeing more and more jobs being replaced by machines. This is having a growing impact on the way we will work in the future. Economic Change: What economic changes are happening now that will impact the future? Economic changes will have a significant impact on the future. For example, the rise of nationalism and protectionism is already impacting the global economy. As countries and regions close their borders to immigration and limit trade, the global economy becomes increasingly fragmented. This will negatively impact the global economy, slowing economic growth and leading to more conflict. Environmental Change: What environmental changes are happening now that will impact the future? Several environmental changes are happening. For example, climate change already has a significant environmental impact and is expected to cause even more damage. Other environmental changes include biodiversity loss, air pollution, and water shortages. These issues will have a significant impact on the environment and the way we live our lives. Taking Action It is crucial to be proactive about the future and not be a passive participant in it. We need to take action now to make sure that we not only adapt to the changes happening but also decide to influence the future we will leave behind. If we don't, we risk letting the future be dictated to us. One way that we can take action is by improving our future literacy. This means staying up-to-date with the latest technological developments, social change, economic change, and other areas of influence that will impact our future. By understanding these changes, we can ensure that we are prepared for the future. Another way we can take action is by ensuring that we are involved in shaping the future. This is a role that is made for innovators like you and me. We can do this by voting, campaigning, and speaking out about the issues that matter to us. We need to make our voices heard so that we can shape the world. The future is happening now, and we must ensure we are prepared for it. By taking action now, we can ensure that we have a bright future to look forward to. Step 1 is to improve your innovation literacy. The Benefits of Improving Future Literacy There are many reasons it is vital to improving your future literacy. Some of the most important are: 1.      It can help you make better decisions today. Making decisions today is critical to shaping your future. By thinking ahead and considering the possible implications of your decisions, you can make choices today that are more likely to lead to a desirable outcome. Future literacy can help you make better decisions by enabling you to understand, think critically about, and respond to future challenges and opportunities. 2.      It can help you identify potential opportunities and challenges that may arise in the future. Future literacy enables you to identify potential futures and assess the associated risks and opportunities. This information can be helpful when making important decisions, such as what career to pursue or products to buy. When you have a better understanding of the potential consequences of your actions, you are more likely to make informed decisions today that will benefit you in the long run. 3.      Help you develop a more global perspective. When you have a better understanding of the consequences of your actions, you can make informed decisions that consider the needs of people from all corners of the world. This expanded perspective better equips you to understand the tradeoffs of each decision and its effect on people from all over the world. 4.      Equip you to communicate better about future-related topics. Having a sound foundation in future literacy can help you communicate more effectively when discussing future-related topics. You better understand the concepts being discussed and can ask questions that will help clarify any uncertainties. By having a solid understanding of future-related topics, you can share your knowledge and expertise with others and help educate them about the potential implications of the decisions being made. 5.      Improve collaboration with others to create better future solutions. When you can think about the future and understand the implications of decisions made today, you are in a better position to collaborate with others to create solutions. You can bring your unique perspective to the table and contribute to finding creative solutions that consider the needs of all involved. Additionally, by being future literate, you can help others to see the potential implications of their actions and encourage them to consider the long-term impact of their decisions. 6.      Help you make the world a better place. When you have a strong understanding of future literacy, you can think about the long-term implications of decisions. This helps you make informed choices that consider not only your own needs but the needs of others. Additionally, you can help to educate others about the importance of thinking about the future and making decisions that will benefit us all in the long run. When everyone makes choices with the future in mind, it can help create a brighter future for all. 5 Habits to Improve Your Future Literacy Several habits will improve your future literacy. These include: 1.      Reading articles and books about the future. Reading articles and books about the future gives you a deeper understanding of the concepts involved. This will help you apply future literacy in your life. 2.      Watching documentaries about the future. Watching documentaries about the future can help improve your understanding of what life could be like. By seeing how experts think about the future and what they believe may happen, you can gain a better perspective on the range of potential futures. 3.      Taking online courses about future literacy. There are many online courses available that can help you learn more about future literacy. These courses often provide a more in-depth look at the concepts involved. 4.      Participating in discussion forums about the future. Discussion forums are a great way to connect with others interested in discussing the future. You can better understand different perspectives by sharing your thoughts and ideas with others. 5.      Researching specific topics related to the future. If there is a specific topic related to the future that interests you, research it! This can be helpful when discussing future topics with others or applying them to your work. What Should You Monitor? When thinking about the future, there are a few key things that you should pay attention to. I use tools like Google Alerts and Feedly to help me keep track of essential topics, companies, and industries I want to know more about. You can also use social media to follow experts in the field and get their take on current events. The three areas I would recommend you start monitoring immediately include the following: The accelerating pace of change: It is hard to overstate how fast the world is changing. We are seeing exponential growth in many areas, including population, technology, and information. This growth is causing unprecedented change and upheaval. Increased global interconnectedness: The world is becoming more connected every day. This interconnectedness is causing new problems and opportunities. With the internet and social media rise, we are seeing a global village emerge. The rise of artificial intelligence: AI is poised to change the world in ways we can't imagine. It is already starting to transform industries and will soon impact our economy and way of life. Conclusion Future literacy is essential because it helps you to understand and make decisions about the future. It can be challenging to keep up with the rapidly changing world, but by monitoring key areas and staying informed, you can improve your chances of success. The future is unpredictable, so always preparing for anything is essential. With a solid future literacy foundation, you can face whatever comes your way head-on!   To automatically receive the latest episodes of Killer Innovations downloaded to your device, click here and subscribe!   To know more about future literacy, listen to: Understanding and Improving Your Future Literacy. RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

Matt Greeley, the Founder and CEO of Brightidea, is on The Killer Innovations Show to discuss the launch of their new idea incubation tool, BrightIdea Memo. Matt has been involved in idea management systems (IMS) since their early days. In 2005, BrightIdea launched the first-ever online innovation platform. During my time at HP, I worked with Matt on the earlier versions of Brightidea while they serviced us. At CableLabs, where I am now CEO, we have been utilizing Brightidea for almost a decade. Brightidea acts as an innovation pipeline platform, similar to how Salesforce is a sales pipeline platform. The platform’s goal is to improve the efficiency and effectiveness of an organization’s innovation process, leading to financial impact. Since innovation tends to be messy, having a non-restrictive tool at your disposal is essential. Executives and IMS In the past, most executives did not understand the true value of a tool for ideas. With today’s fast innovation pace, leaders are tasked with even more challenges. Due to constant disruption, many executives are now recognizing the importance of innovation. Idea Management Systems (IMS) have transformed from simply capturing ideas to helping organizations find ideas with the highest value. It’s all about taking an idea and identifying how to mature it. Long-form Narrative Ideas Amazon no longer uses PowerPoint to present ideas to executives. Jeff Bezos swapped out PowerPoint for six-page memos. These memos get sent out to the executives before each planning meeting. At CableLabs, we have also banned PowerPoint. This helps executives avoid wasting time learning about ideas during meetings. Narrative writing utilizes a process I like to call backcasting. You write things backward, starting with the launch date, using a press release. The press release puts the customer first by focusing on how they would view the solution. A core benefit of this practice is organizational alignment. Long-form narrative writing gets the entire organization involved in the visioning exercise from the start. This provides a much broader ecosystem of input. The Launch of BrightIdea Memo BrightIdea Memo is a tool that sets up teams for long-form narrative writing around an idea. The platform acts as a home for outside-the-box projects that still need to incubate. You can start with a blank document or use a press release template. The tool allows for collaboration, has AI writing software, and sports a peer review function. Brightidea Memo guides users to get their 6-page memo actionable and ready for executives. Check out Brightidea Memo at Brightidea’s website here. About our Guest: Matt Greeley Matt Greeley is the Founder & CEO of Brightidea, the global leader in On-Demand Innovation Pipeline Management (IPM) software. Previously, Matt consulted for Wrenchead.com and co-founded Silicon Valley enterprise software provider Alyanza Software, which Niku acquired. Matt has a Degree in Computer Engineering from Stevens Institute of Technology and studied Creativity and Marketing at Stanford University. To know more about Matt Greeley, listen to: Matt Greeley of Brightidea on Long-Form Narratives of Ideas. RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

We kick off a new series of interviews from my time at the Cable Tec-Expo Show in Philadelphia. Hanno Narjus, the SVP of Video and Broadband Solutions at Teleste, joins us to discuss innovation efforts from the European to the U.S market. Cable Tec-Expo Show Due to COVID-19, many of us missed out on various events. It was great to experience the high energy levels at the expo as everyone was finally in 3D. Seeing cable products coming to life, especially around 10G, brought excitement to everyone in attendance. Hanno Narjus of Teleste on European Innovation and Nokia Hanno is based out of Helsinki, Finland. Helsinki has an excellent reputation as a hub of European innovation, specifically through the impact of companies like Nokia. When Nokia shut down, hundreds of thousands of people spread to different companies and industries across Finland. The country's innovation culture was transformed as people brought their global perspectives and experiences to various places. The Cable Industry's Secret Weapon As Hanno brings his innovations from Europe to the U.S, he faces many challenges. Throughout history, many of the greatest innovations have come from the U.S. While challenges exist, the cable industry's culture has bridged many gaps. From Hanno's perspective, the U.S has a welcoming and appreciative culture around innovation and ideas. There is an open culture of sharing ideas and innovations in the cable industry, which Hanno loves. This collaborative environment is truly the secret weapon of the cable industry. The Importance of Innovation Processes Hanno says his organization has a process of innovation while still encouraging people to think outside the box. I would argue that having an innovation process is essential. While the process is necessary, it is vital to avoid locking that process. You must constantly innovate the way you innovate, just as you innovate your business processes and services. Hanno's Advice for the listeners For those who have ideas within their organization, be passionate and patient. Believe in what you have, but don't immediately go to the top with your idea. Build a group around you who can be opinion leaders that will back you up once you gain some momentum and have created a support system. Run with it. About our Guest: Hanno Narjus Hanno Narjus is the Senior Vice President of Video and Broadband Solutions at Teleste Networks. He has more than 30 years of experience in the ICT sector, including mobile communications, fixed broadband, and cable networks. Hanno has held several managerial positions in the telecommunications industry and spent ten years of his career at Nokia. He holds a Master's degree in economics from the University of Tampere in Finland.   To know more about Hanno Narjus, listen to: Hanno Narjus of Teleste on European Innovation and Nokia RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

In an age where the latest and greatest technology is just a click away, it's easy to become an imitator. We see something new and want it without considering whether we really need it. We buy into the hype without stopping to think about the implications of our purchase. Before we know it, our homes are cluttered with gadgets and devices that we never use and don't need. But there's another side to this story. Some people see the world around them and find ways to improve on what they see. They are innovators—always looking for new ways to solve old problems, to make things faster, easier, and more efficient. Trends or popular opinion do not sway them; instead, they rely on their intuition and creativity to drive their innovation. What is the difference between an innovator and an imitator? There is a big difference between innovators and imitators. Innovators are people who see the world around them and find ways to improve on what they see. They come up with new ideas and solutions to old problems. Imitators follow the trends and popular opinions of the day. They are not creative or intuitive; instead, they rely on others to tell them what to do. Innovation is key to progress. It is innovators who come up with new technologies, new products, and new ways of doing things. Without innovators, we would still be living in the Dark Ages. Imitation may be the sincerest form of flattery, but it will never lead to progress. If we all followed the trends, we would never make any real advancements as a society. How can you tell if you are more of an innovator or imitator yourself? The truth is, everyone is a mix of both innovators and imitators. We all have our moments of creativity and our moments of imitation. But some people are more inclined to be innovators, while others are more inclined to be imitators. So how can you tell if you are more of an innovator or more of an imitator? The best way to figure this out is to look at the different areas of your life. Are you more creative and intuitive in your professional life, or are you more likely to follow your boss's lead? Are you more adventurous and daring in your personal life, or do you prefer to stick to the status quo? I've built my career around innovation and focused it on my professional life. For those that know me, my personal life is very uncreative and traditional. I'm not an innovator in my personal life, which surprises people because of my high-profile innovation work. It's not that I can't be creative in my personal life. It's just that I don't have the same focus on innovation. Do you have to be an innovator in all areas of your life to be successful? No, you don't have to be an innovator in all areas of your life to be successful. You can be successful as either an innovator or an imitator. It all depends on what you want to achieve in life. Understanding whether you are more of an innovator or more of an imitator can help you become a more well-rounded person. It can also help you better understand your strengths and weaknesses. What are some examples of famous innovators and imitators throughout history? Innovation and imitation are two essential aspects of success in any field. Both approaches have advantages and disadvantages, and both can be successful. Famous innovators throughout history include Thomas Edison, who invented the lightbulb, and Alexander Graham Bell, who created the telephone. These men were able to change the world with their inventions, and they opened up new possibilities for everyone. They were innovators because they came up with new ideas and worked hard to make them a reality. There have also been many famous imitators throughout history. One example is Johannes Gutenberg, who invented the printing press. He was not the first person to come up with the idea of printing books, but he improved the process and made it more efficient. This made it possible for books to be printed on a large scale, which helped spread knowledge around the world. Another famous imitator is Leonardo da Vinci, an expert painter, sculptor, and architect. He copied the work of other artists and improved upon it, making his paintings and sculptures some of the most famous in history. He learned from others and became one of the most accomplished artists of all time. Both innovators and imitators have had a significant impact on society. Innovators have changed how we live our lives, while imitators have helped spread knowledge worldwide. Neither approach is better than the other; both contribute to progress. How do you think the world would be different if there were more innovators and fewer imitators? The world would be very different if there were more innovators and fewer imitators. We would see a lot more creativity and progress if there were more innovators. Innovation drives change; without it, the world would be stuck in a rut. Imitation is the sincerest form of flattery but can also hold back progress. There is no incentive to develop new ideas when everyone is copying each other. This can lead to stagnation rather than growth. Imitators may be happy with the status quo, but innovators always look for ways to improve things. The world needs innovators and imitators, but we need more innovators to see real progress. We need people willing to take risks and think outside the box. We need people who are not afraid to challenge the status quo and develop new ideas. A Society of Imitators In today's society, it is easy to be an imitator. With the internet at our fingertips, all it takes is a quick Google search to find out what others are doing and how they are doing it. This has led to a society of people who are quick to imitate others without putting in the time and effort to develop their ideas. One example of this is the way that we consume media. We are quick to watch the latest movie or TV show that is popular without taking the time to see if there are any other options out there. We also tend to follow the latest trends without asking ourselves if they suit us. This can be seen in the way that we dress, the way that we eat, and even the way that we spend our free time. Another example of this is the way that we do business. We are quick to adopt new technologies and methods without taking the time to see if they will actually work for us. We also tend to copy the business models of others without putting in the time and effort to come up with our ideas. This can be seen in the number of businesses started every day that are copies of what others are doing, many of which fail within their first year. The bottom line is that, in today's society, we are too quick to imitate others. We need to take the time to come up with our ideas and put in the effort to make them work. So what? Imitation may be easy, but being an innovator is not. It takes hard work and dedication to develop new ideas and solutions. Innovators are the ones who change the world, and they are the ones who we should look up to. So why should you be an innovator? First, innovation is essential for growth. If you want your business to thrive, you need to be constantly coming up with new ideas and solutions. Second, innovation is necessary for progress. Without innovators, our world would be a far less advanced place. So how can you become an innovator? The first step is to start thinking for yourself. Don't just imitate what others are doing; come up with your ideas and solutions. The second step is to be creative. Allow yourself to be open to new possibilities and think outside the box. The third step is to be persistent. Please don't give up on your ideas; see them through until the end. And finally, the fourth step is to be passionate. Be passionate about your work and about changing the world for the better. Final Word Innovation and imitation are two sides of the same coin; they both have their place in the world. Just as a coin has two sides, so does innovation have its imitators and vice versa. As an innovator, you should be proud of your work, knowing that you are adding value to the world. And as an imitator, you should be humble, knowing that you are building on the work of others. Both innovators and imitators are necessary for progress. So which one are you? To know more about innovators and imitators, listen to: Are You an Innovator or an Imitator? RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

The statement “what is now proved and commonplace was once just imagined” is powerful. It speaks to the idea that anything is possible if we put our minds to it. And it's true – many things we now take for granted were once just ideas or dreams. For example, consider the internet. It's hard to imagine our world without it, but it was once just a concept that people talked about in science fiction novels. Or consider the airplane – that too was once just an idea. People laughed at the thought of flying through the air. So what does this mean for us? Some would say that we can make something happen if we can imagine something. The question I want to dig in on is the idea of the imagination of others inspiring innovation. Do we ever truly have ideas that are not inspired by others? It seems that every idea we have is in some way influenced or inspired by something or someone else. We take information from the world around us and process it in our minds to develop new ideas. But where do those ideas come from? Are they truly original? It's an interesting question to ponder. And it does not have a clear answer. But I think it's important to consider because it shows how interconnected we are. We may not realize it, but the people and things around us are constantly influencing us. And in turn, we influence others with our ideas. What is Inspiration? When most people think of the word “inspiration,” they probably think of artists or musicians. Someone who is inspired is filled with ideas and creativity and can bring those ideas to life. But inspiration can come from anywhere. It can come from a painting, a song, a movie, or even just a conversation. Anything that touches our hearts or minds can spark inspiration in some way. And that's what makes it so special – inspiration is personal and unique to each individual. What inspires one person may not inspire another person at all. So what exactly is inspiration? I like to think of it as a lightbulb moment. It's that moment when an idea pops your head, and you suddenly see things differently. You have the power to change things, to create something new and amazing. For me, inspiration is about the possibility. It's about seeing the potential in everything and believing that anything is possible. When I'm inspired, I feel like I can do anything. And that feeling is incredibly empowering. Is Imagination The Same As Inspiration? What is the difference between imagination and inspiration? Imagination seems more about creativity and dreaming, while inspiration seems more about bringing those dreams to life. Imagination is about possibilities, while inspiration is about actualization. Imagination can be a powerful tool, but it must be combined with hard work and determination to become a reality. Inspiration is what gives us the motivation to turn our imaginations into reality. I think of inspiration as the light that guides us from imagination to reality. It's that voice inside us that tells us we can do it, encouraging us to keep going when we feel like giving up. And it's a force that can't be denied – once we're inspired, nothing can stop us from achieving our goals. So what is inspiration? I like to think of it as the bridge between imagination and reality. It's the thing that makes our dreams a reality. And it's a power we all have inside us – we need to learn how to access it. The Imagination of Others as Inspiration Our world is constantly changing and evolving. Much of that change is due to the innovations of today's generation. But where do those innovations come from? Many of them come from the imagination of others. The imagination of others has been an inspiration for centuries. It has led to the creation of new technologies, medicines, and even entire civilizations. And it's a power we all have access to – we must learn how to tap into it. The people who have inspired me most are the ones who never gave up on their dreams, even when things were tough. They were the ones who refused to let their imaginations die. And their passion and determination were infectious – they encouraged me to keep going no matter what. So what is imagination? I like to think of it as the gateway to possibility. When we tap into our imaginations, anything is possible. We can create anything we want – our imaginations only limit it. And that's why imagination is so important – because it allows us to dream big, to see the world in a new way. To imagine a future that does not yet exist. The Imagination of Science Fiction Writers Science fiction writers help us to see the world in a new way and dream big. They have always been at the forefront of imagining new worlds and technologies. From early works like Mary Shelley's Frankenstein to modern classics like 1984 or Minority Report, science fiction has given us a glimpse into the future. And while some of their predictions have come true, others still seem like far-off dreams. But that's the beauty of science fiction—it allows us to stretch our imaginations and explore what could be. It helps us to question the status quo. For example: Scuba was predicted in “20,000 Leagues Under The Sea” By Jules Verne in  1875 Aldous Huxley described test-tube Babies in “Brave New World” in 1932 Robots were first mentioned in “Rossum's Universal Robot” By Karel Capek in 1920 Cable TV was predicted in George Orwell's book, “1984” The internet was predicted in 1898 in a Mark Twain story, “London Times of 1904” Science fiction is more than just entertainment; it's a way of viewing the world differently. It challenges us to think about what could be and inspires us to turn those dreams into reality. So the next time you feel stuck, pick up a science fiction book and let your imagination take off. Who knows—you might just come up with the next big thing. The Imagination of Children Children are some of the most imaginative creatures on earth. They see the world in a completely different way from adults. And their imaginations are always running wild. In many ways, children are the perfect inspiration for us. They remind us to dream big and never give up on our goals. They show us that anything is possible. I am always amazed by how many ways a child can turn a toilet paper roll into a toy. Or how they can turn a cardboard box into a fort. And their creativity is not just limited to physical objects – they can also create entire worlds in their minds. When we were children, our imaginations were unlimited. We saw the world as a place of possibilities. But as we grow older, we start to lose that childlike imagination. We become more realistic and grounded in our thinking. It's not that we stop dreaming altogether – it's just that our dreams become smaller and more attainable. We no longer believe that we can achieve anything we set our minds to. But what if we could recapture that childlike imagination? What if we could learn to dream big again? It's not as impossible as it sounds. We can all learn to tap into our imaginations again with a little effort and practice. How? By hanging out with children and letting their imagination inspire us. And while their imaginations might seem silly or far-fetched to us, they often contain the seeds of great ideas. The Bottom Line Imagination is a powerful tool we can all use to achieve our goals. It's the bridge between our dreams and reality. And it's a force that can change the world. So never let your imagination die – keep dreaming big and never give up. To know more about using imagination as inspiration, listen to: The Imagination of Others As Inspiration. RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

Most people would consider random events a nuisance that gets in the way of their productivity and disrupts their carefully planned lives. However, looking closely, you'll see that random events can be a source of inspiration and innovation. For example, consider the story of how Facebook was created. According to legend, Facebook was born out of a random event – when Mark Zuckerberg was working on a project for his fraternity, he needed to find a way to get online access for all the members. Another famous example is the story of Apple co-founder Steve Wozniak. While working at Hewlett-Packard in the 1970s, Wozniak came up with the idea of what eventually became the Apple computer after he attended a random seminar. So why are random events so inspiring? Part of it concerns that they're unexpected – they catch us off guard and force us to devise new solutions. They also give us a fresh perspective, allowing us to see old problems in a new light. Finally, random events can help us break out of our comfort zone and spark creativity and innovation in ways we never thought possible. Are Random Events Random? Are random events random? This question has puzzled philosophers, scientists, and mathematicians for centuries. Some people believe everything in the universe is random, while others believe there is a hidden order behind random events. Interestingly, recent research has shown that random events may not be as random as think. In a study published in Nature journal, scientists found that random events follow specific patterns and are not entirely random. This discovery is important because it also opens up new possibilities for using what we think of as random events to inspire creativity and innovation. How? That's still something that scientists are trying to figure out. The bottom line is that random events are still a mystery – no one knows what causes them or what they mean for innovation. However, they remain an essential source of inspiration and creativity, and scientists will continue to explore their mysteries in the hopes of unlocking their secrets. Being Aware of Random Events Random events can be a great source of inspiration for innovators, but it's essential to be aware of them and understand their potential. Here are some tips for how to do that: 1.     Be open to new ideas. When it comes to random events, you never know what might happen. That's why being open to new ideas and possibilities is so important. You'll miss many opportunities if you're permanently closed off to new experiences. Being open to new ideas means being open to change. It can be scary, but embracing change can lead to amazing things. When you're open to new ideas, you're also more open to new experiences, which can only lead to good things. So don't be afraid to try something new. Open your mind and see what happens. You might be surprised at what you find. 2.     Stay curious. Curiosity is the lifeblood of creativity and innovation. By staying curious, we keep our minds open to new possibilities and allow random events to lead to new insights and perspectives. Staying curious also breeds a sense of exploration and excitement, which are essential for keeping our creative juices flowing. So if you want to be more creative, stay curious! 3.     Pay attention to your surroundings. When we pay attention to our surroundings, we open ourselves up to random events and their possibilities. Knowing the people and environment around us can create opportunities for new experiences and friendships. In addition, paying attention to our surroundings allows us to be more present at the moment and appreciate all that is happening around us. 4.     Be patient. Being patient is key when waiting for random events to happen. Sometimes they happen right away, but other times they take time to develop. You never know when the perfect opportunity will come along, so it's essential to be patient and wait for the right moment. When inspiration comes randomly, it's often the most powerful and meaningful. So don't be discouraged if things don't happen immediately – keep waiting and be patient for the next great spark of inspiration. 5.     Be creative. Random events can offer limitless opportunities for creativity and inspiration if you look for them. When something random happens, it's often a sign that something new is also about to happen. Be open to the possibilities and see where the random event takes you. Don't be afraid to experiment or try something new – that's where the real magic of random events can be found. Let your creativity run wild, and see what amazing things you can come up with. The sky is the limit! Warning: Random Events Are Not Signs Some people might see random events as signs or omens. Some will use a random event to confirm an idea or innovation they are working on. This confirmation bias is the tendency only to believe information that confirms our preexisting beliefs or desires. This can be dangerous when it comes to random events and innovation, as it may tempt us to ignore or misinterpret random events that don't conform to our preconceived notions. This can lead to faulty ideas and solutions and lead us down blind alleys. It's important to be aware of confirmation bias and its dangers and always to be open to new information – even if it contradicts our existing beliefs. The Internet Was Born Out of Randomness In the early 1990s, Silicon Valley was amidst a major random event – the rise of the internet. This unexpected event led to the development of countless new products and services, including some of the most well-known and successful companies. The internet was born out of random chance – a series of random events coinciding at the right moment. These random events included the invention of the World Wide Web, the spread of personal computers, and the growth of digital networks. These random events came together at just the right time to create something extraordinary – a new way for people to connect and share information. The internet has since changed the world, and there's no telling what else it might bring us in the future. Like Chocolate? Random events are like a box of chocolates – you never know what you're going to get. When it comes to random events, you never quite know what will happen. They can be exciting and full of surprises, or they can be unpredictable and frustrating. But that's part of the fun – random events are always an adventure. So go ahead and take the plunge. Life is more interesting when we experience random events. Next time you encounter a random event, don't be annoyed – embrace it! See it as an opportunity to think outside the box and develop something new and innovative. Who knows – your next big idea might just come from a random event! To know more about the success from random events, listen to: How to be a Random Success at Innovation. RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

Innovation can be classified into two main types: disruptive innovation and radical innovation. Disruptive innovation is an idea that improves upon an existing market by exceeding the needs of a customer base, eventually displacing the old market. Radical innovation destroys the current market and value network, creating an entirely new one. Another way to think about it is that radical innovations challenge the status quo and create something new. Disruptive innovations are those that make an existing product or service obsolete. Many believe that both disruptive and radical innovation result from chance or luck. However, there is a lot of evidence to suggest that they result from a specific mindset and approach to problem-solving. So, what is the secret to consistently creating disruptive and radical innovations? What is Disruptive Innovation? There are a few key things to keep in mind when creating disruptive innovations. First, it's essential to understand the existing market and value network. Next, you need to identify gaps or shortcomings in the current market. And finally, you need to create something that fills that gap and provides more value than is currently available. Several famous examples of disruptive innovations, such as the iPhone, disrupted the existing smartphone market by offering a better user experience and more features than the competition. Uber also disrupted the taxi industry by providing a better and more convenient alternative to traditional taxis. Creating Disruptive Innovation So how can you create your disruptive innovation? Here are a few tips: 1.     Study the existing market and identify any gaps or shortcomings. It's no secret that to create disruptive innovation, and you need to do your research and understand the marketplace inside and out. By doing so, you can identify any gaps or shortcomings and work to fill them with your new product or service. Only then will you be able to identify any opportunities for change and capitalize on them. 2.     Identify any potential opportunities or weaknesses in the current market. Opportunities and weaknesses can lead to disruptive innovation in a variety of ways. For example, an opportunity may present itself for a new type of business to enter the market, disrupting the status quo. Alternatively, a weakness in one market area may open a new competitor to emerge and take market share. Either way, it's essential to keep an eye out for opportunities and weaknesses to be prepared to capitalize on them (or defend against them) if they arise. Doing so can help you stay ahead of the competition and achieve disruptive innovation. 3.     Prototype your idea and get feedback from potential users or customers. Prototyping is essential to creating disruptive innovation. By testing out your idea and getting feedback from potential users or customers, you can determine whether there is demand for your product or service and make necessary adjustments before investing too much time and money into development. Feedback from early adopters can be especially valuable in helping you gauge interest and determine what features or aspects of your prototype are most appealing (or not). 4.     Launch your product or service and continue to improve and refine it based on feedback from users/customers. Launching your product or service is one of the most critical steps. It allows you to get feedback from users and customers, which can help you improve and refine your product or service. This process enables you to create a product or service that meets the needs of your target market, which can lead to tremendous success. Of course, there is no guaranteed formula for success, and it's possible that your innovation may not be as successful as you hope. However, following these tips increases your chances of creating a disruptive innovation that could change the world. What Is Radical Innovation? Radical innovation is about doing things differently to create something new and better. It can be a change to how you do things or a completely novel approach no one has ever tried. Whatever it is, it needs to be something that makes a real difference. There are countless examples of radical innovation. Here are three: Google's Search Engine When Google launched its search engine in 1998, it was a radically new way to find information online. Before Google, the only way to find information online was by using directories such as Yahoo! or browsing through websites. Google's search engine changed that by allowing users to type in keywords and find relevant results instantly. This breakthrough helped make Google the world's most popular search engine. Tesla's Electric Cars Electric cars have been around for a long time, but Tesla's Model S was a game-changer. It was the first all-electric luxury car, showing that electric vehicles could be just as good—if not better — than gasoline-powered cars. Tesla's electric cars have helped change people's thoughts about transportation and spurred other companies to develop their electric car models. SpaceX's Reusable Rockets SpaceX, a private space company, founded by Elon Musk, has developed a new type of rocket that can be reused. This is a breakthrough because it significantly reduces the cost of space travel. SpaceX's rockets are helping to make space exploration more affordable and accessible, which could lead to significant advances in the field. As you can see, radical innovation can come in many forms. All these examples have in common that they represent a significant change from the status quo. If you want to create radical innovation, you need to think about ways to do things differently and make a real difference. Creating a radical innovation is no easy feat, but it's possible. Just look at the examples above. If they can do it, so can you. Creating Radical Innovation So how do you create radical innovations? Here are a few insider secrets to creating radical innovations: 1.     Embrace Failure One of the most important things you need to do to create a radical innovation is to embrace failure. Failure is inevitable when you're doing something new and different. You're going to make mistakes, and that's okay. What's important is that you learn from those mistakes and keep moving forward. 2.     Start with a clean slate. That means forgetting everything you know about the status quo and imagining something new. It means having the courage to think big and challenge the status quo. It means having the humility to listen to others and learn from them. And it means recognizing that no one has all the answers but that we can find them together if we're willing to continue learning and growing. 3.     Have a vision for what could be. This vision needs to be so compelling that it inspires people to take action and make the vision a reality.  A good vision should be clear, achievable, and inspiring. It should also be specific enough to guide the actions of those working to achieve it. Once you have a clear vision for what you want to achieve, you can start putting together a plan to make it happen. This plan should outline the steps you need to take to achieve your vision. 4.     Be Willing to Take Risks To create a radical innovation, you must be willing to take risks. This means being okay with the possibility of failure. You need to be comfortable with uncertainty and not be afraid to try something new. 5.     Apply Box Thinking To succeed at creating a radical innovation, you must apply box thinking (inside and outside of the box). This thinking means looking at things from a different perspective and seeing things in a new light. It's about thinking of new ways to create something unique. 6.     Be Passionate Creating a radical innovation takes a lot of hard work and dedication. It would be best if you were passionate about what you're doing to see it through. If you're not passionate about your idea, it won't be easy to succeed. 7.     Believe in Yourself Creating a radical innovation is not easy. There will be times when you doubt yourself and your ability to succeed. It's essential to believe in yourself and your idea. Remember why you're doing this, and don't give up. Conclusion Of course, not every radical innovation is a success. Many startups and businesses have tried something new, only to fail miserably. But that's okay — it's part of the process. Those who are willing to take risks and push boundaries ultimately create the most significant changes and make the biggest impact. So if you're feeling adventurous, don't be afraid to try something new. There's no guarantee of success, but you may create something incredible. To know more about the two main types of innovation, listen to: Disruptive Innovation vs Radical Innovation: What’s the Difference? RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast  

Science is a powerful tool. It can change the world, improve our understanding of our universe, and help us find new and innovative ways to solve problems. But science is only as good as the data it uses, and bad science can lead us astray. Over the last few years, I've written several articles and recorded a similar number of podcasts on ethics related to innovation. Just as this is titled Bad Science, we could have titled it Bad Innovation. In this episode, we explore how to determine whether the science you are reading is accurate or not. The inspiration for this episode came from an infographic created by Compound Interest (compoundchem.com). I've taken the list of ways to spot bad science and created my descriptions with examples — but all credit goes to @compoundchem. 12 Ways To Spot Bad Science There are many ways to identify bad science studies and articles that publish the results, but here are twelve of the most common. You can protect yourself from being misled by being aware of these red flags. 1)     Sensationalised Headlines Sensationalized headlines can be incredibly misleading. They often over-simplify the findings or, worse, misrepresent them entirely. Misinterpretation can lead to bad decision-making on the reader's part and ultimately negatively impact. It's essential to be discerning when reading science articles and always to consider the source of information. Reputable sources always aim to present accurate information, while less reputable sources may sensationalize information to get more readers/viewers. In the long run, this can muddy the waters and make it more difficult for people to discern what is true. An example of a misleading sensationalized headline would be the article “A New Drug Can Cure Alcoholism,” published by The Sun. The report claims that a new drug called Selincro can “cure” alcoholism, but this is not the case. Selincro is for alcohol dependence, not alcoholism, and it does not cure addiction. 2)     Misinterpreted Results Misinterpreted results can often lead to bad science and innovation. Research in the media can be sensationalized or simplified in a way that distorts the actual findings. Simplification can lead to poor decisions being made based on inaccurate information. Therefore, reading the original research to understand what was studied is essential. Only then can informed decisions be made about whether the findings apply to your work. One example of misinterpreted results would be the oft-cited study that claimed eating chocolate can help you lose weight. Later found to be flawed, and the author had to retract his findings. 3)     Conflict of Interest Science often thought of as a purely objective pursuit, is unaffected by the biases and motivations of the people involved. However, scientists are people, and their interests and agendas can influence them. Their agenda is a conflict of interest. A conflict of interest can distort scientific research and make poor decisions. For example, scientists might be more likely to publish results that support their theory or downplay negative results. Conflicts of interest can also hurt innovation. Innovators seeking patents or commercial opportunities are less likely to share their findings with others. Lack of information sharing can stifle innovation and prevent the development of new ideas. Ultimately, it is crucial to recognize that conflicts of interest exist, and we must consider them when evaluating discoveries. It is also essential to have transparent and accountable systems to manage conflicts of interest. A recent example of a conflict of interest that impacted innovation is the Volkswagen emissions scandal. In 2015, reports surfaced that Volkswagen had been cheating on emissions tests for its diesel cars. Cheating was possible because Volkswagen had developed software to turn off the emissions controls during car testing. The software allowed the cars to pass the emissions tests, but when they were on the road, they emitted more pollutants than allowed. This scandal highlighted the importance of managing conflicts of interest and showed how bad decisions could happen when scientists are not impartial. 4)     Correlation and Causation Science can be misused and abused by exploiting people's confusion between correlation and causation. Correlation is when two things happen together more often than would be expected by chance. For example, there is a correlation between ice cream sales and murders — when ice cream sales go up, so do murders. But that doesn't mean that eating ice cream causes people to murder others. There could be any number of other factors at work. Causation, on the other hand, means that one thing causes another. When we say that A causes B, it means that A always comes before B— and that changing A will change B. For example, we know that smoking causes cancer because smokers are more likely to get cancer than non-smokers. Changing the amount of smoking will change the amount of cancer. When two things appear correlated, it's important not to jump to conclusions and assume that one thing is causing the other. Without doing proper research and testing, bad science can result. So next time you hear about some scientific study that seems too good to be true, be skeptical! Using scientific studies to sell products is one commercial example where correlation and causation can mislead the public. A study that shows a correlation between a product and a positive outcome can persuade people to buy the product. But without knowing the full details of the study, it's hard to tell if the product caused the correlation. For example, numerous studies show a correlation between eating breakfast and being thinner. So, many companies have started selling breakfast foods to help people lose weight. But does eating breakfast make you thinner? It's hard to say because there are many other factors at work. Maybe people who eat breakfast are more likely to be thinner overall or more likely to exercise in the morning. It's difficult to say for sure what's causing the correlation. 5)     Unsupported Conclusions Bad science can often come from unsupported conclusions. When a study jumps to a conclusion without proper evidence, it can be misleading and cause further bad science. This is because people may get the wrong idea about the study and try to build on that misconception. In some cases, this can even lead to injury lawsuits by bad information based on bad science. Therefore, studies must be very clear on what their evidence shows and what conclusions are still speculative. Clear studies allow people to understand the research better and prevent bad science from spreading further. One recent example of bad science based on unsupported conclusions is the case of Theranos. This company claimed to have developed a new way to test blood requiring much less than traditional methods. However, after multiple retractions of their studies, revealing that their technology didn't work. The revelation led to massive financial losses for investors and patients who trusted the company. Others attempting to follow in their footsteps found themselves back at the drawing board, wasting time and resources on something that wasn't possible. This is just one example of how bad science can have far-reaching consequences. 6)     Problem with Sample Size Small sample sizes can lead to bad science for several reasons. First and foremost, when the sample size is small, it's more likely that the data will not represent the population. This means that any conclusions drawn from that data may be inaccurate. Additionally, small samples have less statistical power, meaning they're less likely to detect differences between groups or to identify significant results. This can lead to bad science in two ways: if researchers incorrectly conclude that there is no difference between groups and falsely deem a result statistically significant when it's not. Finally, small sample sizes can increase the chances of type II errors (false negatives), which means publishing bad science because of a missed true effect due to the small sample size. These issues caused by small sample sizes can lead to faulty conclusions and bad science. One recent example of a research study based on a small sample size that leads to bad science is a study on the effect of fluoride on children's intelligence. The study had a very small sample size, and as a result, the authors could not detect any significant difference between the fluoride and placebo groups. This led to bad science, as the authors incorrectly concluded that fluoride does not have an impact on children's intelligence. 7)     Unrepresentative Samples Used Unrepresentative samples are often used in bad science experiments, leading to faulty conclusions. Using a non-representative sample makes it much easier to obtain the results you're looking for because the data is guaranteed to be biased. Bad science perpetuates itself when this happens, and we often can't trust any scientific findings. For example, a study that claims salt is terrible for your health might be from 1a sample of people who already have health problems. The study would give the impression that salt is bad for everyone when it might only harm people with certain conditions. If we rely on these studies to make decisions about our health, we could be doing ourselves a disservice. It's, therefore, important to always look at the methodology of a study before accepting its conclusions as fact. Only by doing so can we avoid being misled by bad science. 8)     No Control Group Used The lack of a control group might doubt the results of an experiment. It's critical to compare the outcomes from test participants who received the tested substance to a control group that didn't receive it in clinical trials. This process allows researchers to see whether the drug made any difference. Random allocation of groups is also crucial to minimize bias. In experiments, it's important to have a control test for controlled variables, allowing researchers to isolate the effects of a single variable. Perhaps the most famous example of bad science without a control group is the case of thalidomide. The marketed sedative for pregnant women in the 1950s and 1960s revealed that the drug caused severe congenital disabilities in thousands of children. 9)     No Blind Testing Used By not blinding the test, researchers can introduce bias into the study. Lack of blind testing can happen in different ways, such as researcher bias, subject bias, and observer bias. Researcher bias happens when the researcher has a preconceived notion about the study's outcome and influences how it is conducted or analyzed. Subject bias is when the subject knows which group they are in and alters their behavior. For example, if someone knows they are in a test group using a new drug treatment and feels better than those in the control group, they may believe that the drug worked when it didn't. Observer bias is when someone not involved in the study (e.g., a friend or family member of one of the participants) knows which group a participant is in and reports on their behavior differently based on that information. These biases can lead to inaccurate findings and conclusions in scientific studies. This can have far-reaching consequences, using bad science to make recommendations or decisions about treatments, policies, etc. It's, therefore, important that scientists use a blind test whenever possible. One example of not using a blind test that caused future bad science is the Tuskegee syphilis study. In this study, 399 black men with syphilis were left untreated so researchers could study the progression of the disease. Even after it was discovered that penicillin could cure the disease, the study continued for another two years. This study's lack of a blind test led to biased results and further bad science. 10)Selective Reporting of Data Regarding scientific research, the data collected should be unbiased and interpreted relatively. However, sometimes bad science is caused by researchers selectively reporting data. They review the data that supports their conclusion and ignore any information that does not. This can cause incorrect judgments and assertions. One way to avoid this issue is always to present all the data collected, regardless of whether it supports your findings. This will help ensure that other researchers can interpret and analyze the data and reach their conclusions. It is essential to be open and transparent about your research methods and results so that others can evaluate them for themselves. A recent example of bad science caused by selective data reporting is the paper “The Mismeasure of Man” by Stephen Jay Gould. In this paper, Gould argues that intelligence tests are biased against certain groups of people, such as women and minorities. However, later research has shown that Gould selectively reported data to support his conclusions. For example, he ignored evidence that showed no significant difference in test scores between men and women. 11)Unreproducible Results When research is not reproducible, it becomes difficult to verify the findings, which can create doubt about the entire study. This can lead to bad science, as scientists may accept bad data as fact. In short, reproducible research is essential for good science, and when research is not reproducible, it can lead to a variety of problems. One recent example of a retracted study that could not be reproduced is the infamous “South Korean stem cell study.” Researchers claimed to have created stem cells in this study using a new method, but other scientists could not reproduce the results. As a result, the journal that originally published the study retracted it. 12)Non-Peer Reviewed Material The importance of using peer-reviewed studies cannot be overstated. Using these studies, researchers can be sure that the information they are getting is accurate and reliable. Studies that have not been peer-reviewed may be flawed and thus unreliable. This can lead to bad science and inaccurate information being spread. Peer review is a critical step in the scientific process and helps to ensure that only the best, most accurate information is published. There has been a recent rash of peer-reviewed studies and later retracted. It is not a perfect system, but it is our best. To avoid bad science, researchers should always look for peer-reviewed studies. One example of a study that was peer-reviewed but later retracted is the infamous study on climate change by Dr. Michael Mann. The study, published in 1999, purported to show a correlation between climate change and the increase in global temperatures. However, the study was later retracted after it was revealed that the data had been manipulated. These kinds of retractions of peer-reviewed studies put all other studies into question. It is hard to know which studies to trust when bad science like this makes its way into the peer-reviewed process. Good Science versus Bad Science Science is a process of exploration and discovery. When bad science occurs, it can cast doubt on all the findings of that study and the entire scientific process. However, we can avoid being misled by these studies by being aware of the signs of bad science. We can also help to ensure that good science is not tainted by bad data. It is important to remember that science is an ever-evolving process. The retracted “South Korean stem cell study,” for example, may have been flawed, but it led to discoveries about stem cells that could not have been made otherwise. In this way, even bad science can be valuable in helping us learn more about the world. We should not give up on science just because of bad science; instead, we should use bad science as a learning experience and continue to explore and discover new truths about the world around us. Let's work together to recognize and reward good science while calling out bad science so that we can ensure the best information in which to make informed decisions. To know more about good and bad science: How to Distinguish Good Science from Bad Science RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

No one can predict the future, but that doesn't mean we can't prepare for it. We'll explore the concept of black swan innovation and discuss how leaders can respond to these events when they occur. We will also look at some examples of black swan innovations that have profoundly impacted society. Leaders can minimize the negative consequences of these unpredictable occurrences by understanding what a black swan event is and how to prepare for it. So, What is a Black Swan Innovation? A Black Swan innovation is an unpredictable event or occurrence that changes the course of an industry or business. It is something that no one could have ever predicted and can completely overturn the status quo. The term “black swan” comes from the idea that black swans are events or occurrences that are so rare that they are almost impossible to predict. The black swan was given its name because all other swans were white before being discovered in Australia. Consequently, the bird was thought of as an impossibility. The Black Swan Nassim Taleb popularized the term in his book, The Black Swan: The Impact of the Highly Improbable. In his book, Nassim discusses the idea of black swan events and how they can majorly impact businesses and industries. He argues we should not focus on predicting these events but be prepared for them when they occur. Taleb believes we should not prioritize past data when making predictions, as this data may not indicate future outcomes. Instead, it is crucial to focus on the present and future rather than the past. Hindsight Risk Hindsight claims of having seen a black swan can be misleading because they can lead to inaccurate assessments of the probability of an event. For example, if someone says they saw a black swan before it happened, it could give a false impression that the event was more likely than it was. The event could lead to people making decisions based on inaccurate information. How To Prepare for Black Swan Events Leaders should always be prepared for the unexpected, including being ready for black swan events. Before a black swan occurs, leaders should ensure accurate information about the probability of a range of events happening. This information can help them make sound decisions in the face of a black swan when it happens. Leaders should have a plan in place for how to respond to a black swan. This plan should include contingencies for various potential scenarios. By being prepared, leaders can minimize the negative consequences of a black swan event. Leaders should be prepared for many different types of black swan events. Some examples include: Natural Disasters A natural disaster is a catastrophic event caused by natural phenomena such as floods, hurricanes, earthquakes, or tornadoes. Financial Crises A financial crisis is when the value of financial assets collapses, leading to a liquidity crisis and often a recession. Political Unrest Political unrest is when social order is disrupted due to protests or civil unrest. Technological and Innovation Disruptions A technological disruption is an event that occurs when a new technology is introduced that disrupts or replaces the status quo entirely. By being prepared for these and other types of black swan events, leaders can minimize the negative consequences that these events can have on their organizations. Examples of Black Swan Events Some past examples of black swan innovation include: Printing Press Before the printing press, books were hand-copied by scribes, which was a slow and expensive process. The printing press allowed for books to be printed in large quantities, which made them more affordable and allowed for more people to access them. The printing press led to a period of rapid intellectual growth and helped to spread knowledge throughout the world. Electricity Before the discovery of electricity, people relied on candles and other forms of light. Electricity allowed the development of new technologies such as light bulbs, radios, and televisions. The discovery led to a period of rapid technological growth and helped improve many people's quality of life. Internet The internet has allowed for the exchange of information and ideas on a previously unimaginable scale. It has also allowed for the development of new technologies, such as social media, which has revolutionized how people interact. Additionally, the internet has made it easier for people to access information and has led to a period of rapid economic growth. By allowing for the exchange of information and ideas on a global scale, the internet has had a far-reaching impact on society that is difficult to overestimate. Each of these inventions was a game-changer that completely disrupted the status quo. They were all considered impossible until they happened, and they each profoundly impacted society. Responding To A Black Swan Event If a leader is suddenly faced with a black swan event they did not prepare for, there are several steps they can take to minimize the negative consequences. Assess the situation and gather as much information as possible. This information can help make informed decisions about responding to the event. Develop a plan for how to respond to the event. This plan should include contingencies for various potential scenarios. By being prepared, leaders can minimize the negative consequences of a black swan event. Communicate with their team and stakeholders. Open communication is essential during a crisis. Leaders should keep everyone updated on the situation and let them know what steps to address the issue. Focus on maintaining calm and order, which can be difficult during a chaotic event, but it is essential to maintain control. Leaders should provide clear instructions and expectations to their team and be available to answer questions and address concerns. Take the time to review the situation after it has passed. Reviewing can help one learn from experience and adjust plans for future events. While there is no way to predict or prepare for every possible black swan event, leaders can minimize the adverse effects of these events by being prepared and taking quick, decisive action when they occur. Not If But When It is not if a black swan event will occur, but when. Black swan innovation is like a tidal wave — it is unpredictable, but it can cause a lot of damage when it hits. However, leaders can minimize the negative consequences if they are prepared for black swan events. By being proactive and staying calm under pressure, leaders can help their team weather the storm. In the aftermath, taking the time to review what happened and learn from the experience is crucial. As Nelson Mandela once said, “I never lose. I either win or learn.” To know more about dealing with black swan events listen to this week's show: Black Swan Innovation RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast

Previously on the show, we discussed the failure of innovation journalism in the modern day. To combat the failure of innovation journalism, we are launching The Innovators Network (TIN). Founded upon the belief that innovation is essential to addressing the world’s most pressing problems, The Innovators Network wants to empower readers and inspire them to become agents of change. We will provide them with the information needed to make informed decisions around innovations. Innovation Journalism We believe that excellent innovation journalism should be three things: Solution-oriented – Telling the whole story behind an innovation while sharing the problem the solution will solve. Human-centered – Focused on the people behind the innovation and how it affects their lives. Actionable – Providing readers with the information they can use to make decisions in their own lives. What’s New? The Innovators Network’s content will sport a variety of topics, including but not limited to: health care, transportation, energy, education, food, manufacturing, and information technology. To ensure the quality of our content, we have already attracted support from leading contributors such as Emmy Award-winning journalist Kym McNicholas. All my content will now be available on The Innovators Network. Our network of external contributors will now include journalists, analysts, industry experts, and thought leaders from various organizations. This change allows us to provide comprehensive and accurate innovation coverage. TIN Digital Content Platform The digital content platform has three main components: The Innovators Network website features original and syndicated articles, interviews, videos, and podcasts on innovation. A weekly newsletter will bring the best innovation content to your inbox. Social media accounts such as Twitter, Facebook, Instagram, and LinkedIn will provide essential updates on innovations. The TIN website launches today, so check it out! Watch out for the weekly newsletter sent out in the following weeks. You can sign up at the bottom of the TIN website. The social media accounts are already active. To know more about innovation journalism and The Innovators Network, listen to this week's show: A Solution to the Innovation Journalism Problem. RELATED:   Subscribe To The Newsletter and Killer Innovations Podcast