How To Think Faster Than Your Competition
To be able to think fast, you need to
"understand the primary drivers of
change, work at staying plugged in, constantly search for
new combinations, and work on
developing a sense of heightened perception."1
The fastest companies in the world think fast
because of their ability to:
Search For Opportunities
Opportunity can and does exist within nearly
every situation, event, proceeding, or happening. The search for
opportunities is not a one time event. It is continuous and on-going.
new economy offers unlimited opportunities, but these changes
bring opportunity to
those only who can grasp it.
who recognize that the days of slow change are over, will find boundless new
opportunities around them.
The changes creating new
innovation can be both within your
enterprise or industry and outside them...
The Power of Your Cross-Functional
If you build broad
cross-functional expertise, no
idea will be wasted! Your
mind can accept only those ideas that
have a frame of reference with your existing knowledge. It rejects
everything else. If your knowledge is functionally focused, you'll be open
to new ideas related to your functional expertise only and will miss all
other learning and innovation opportunities. If you develop a broad
cross-functional expertise, no new idea will be wasted. It will immediately
connect with the existing knowledge and will
inspire, energize you, and
The broader your net is, the more fish you catch...
Entrepreneurial Leader: 4 Attributes
The difference between success or failure in
business could be just one idea.
Idea management system and process can help your company
innovation a discipline. They can help make the hunt for new
possibilities each and every department's business, as well as involve
broader and more enthusiastic participation among managers and employees...
The Virtuous Circle of Experimentation
The Jazz of Innovation: 11 Practice Tips
Ask Searching Questions
Don't ask one or two questions and then rush straight towards a solution.
With an incomplete understanding of the problem it is very easy to jump to
Ask open-ended searching questions
that elicit a wide rage of answers:
Case in Point
25 Lessons from Jack Welch
Jack Welch, the legendary former CEO of
GE, new ideas are
the lifeblood of business. "The operative assumption today is that someone,
somewhere, has a better idea; and the operative compulsion is to find out
who has that better idea, learn it, and put it into