innovation
observed: don’t expect customers to celebrate a major innovation before they get use to it. at first blush most customers prefer familiarity, even if a step-function improvement awaits.
The answer, I think, is what it almost always is: that inventors are simply extremely rare. People can have all the incentives, all the materials, all the mechanical skills, and even all the right general notions of how things work. As we’ve seen, even Savery himself was apparently inspired by the same ancient experiment as everyone else who worked... See more
Anton Howes • Age of Invention: Why wasn't the Steam Engine Invented Earlier? Part III
Peter Drucker saidthat “business has only two functions — marketing and innovation .” Marketing and innovation have one thing in common – satisfying the unmet needs of the customer. The customer, thus, is at the heart of ecosystem thinking. And the customer lies outside the business.
ECOSYSTEM STRATEGY – ECOSYSTEMATIC
interesting thought on what Google should do as OpenAI and other competitors continue to lead. Go slow to go fast. Classic innovators Dilemma.
Wondering if chat GPT plug-ins are the new App Store or the new Alexa skills. And, by extension, an admission that this is orders of magnitude less powerful than it looks.
Innovators are usually synthesizers—they synthesize everything they know and add their own personal talents, and out comes something new.
Jobs: In the future, it won’t be an act of faith. The hard part of what we’re up against now is that people ask you about specifics and you can’t tell them. A hundred years ago, if somebody had asked Alexander Graham Bell, “What are you going to be able to do with a telephone?” he wouldn’t have been able to tell him the ways the telephone would aff... See more
