Managing innovation - creating value from ideas

Not invented here? Why letting go is sometimes the hardest part of innovation

January 20, 2022 john
Managing innovation - creating value from ideas
Not invented here? Why letting go is sometimes the hardest part of innovation
Show Notes

 

History is full of examples of innovations which, despite their promise, have been resisted by established players – the ‘not invented here’ effect.  And although we’re familiar with the problem it doesn’t seem to have gone away; there are still plenty of examples to be found across today’s innovation landscape.  

One candidate might be UAVs – unmanned aerial vehicles or drones.  They’ve changed the face of aviation-based services in a wide range of industries from agriculture to zoo-keeping, yet the mainstream aviation industry is still cautious about their adoption.  Is the challenge in the technology itself – or in the questions it asks about the way we’ve always done things in the past?

You can find the transcript here