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Jurgen Wolff I heard this story from creative thinking expert Jurgen Wolff. Steve Loranger, CEO of ITT Industries, shared this technique with Business 2.0: ”If you’re working on an important contract, a ‘must-win’ program, give your team a much shorter deadline than actually exists. Afterward you tell your team, ‘I just got a phone [...]  Why does Roger Federer serve double faults? Every double fault is a failure – it gives a precious point to his opponent. He could easily cut out all double faults by slowing down his second serve to ensure that it lands safely in the service box. Yet in most long matches Federer, like most other [...] I was asked last night how companies could afford to allocate scarce resources to innovation in these unprecedented times. When every extraneous expenditure is cut back to preserve cash flow how can it be justified to lavish money on experiments that might fail? You do not get innovation for free – you have to allocate [...] Here is a great little video clip on a favourite theme of mine. We should welcome failure. It is a natural part of the innovation process and not something to be feared or avoided. Many of the people and products that we now applaud as great successes were once seen as failures. Paul Sloane [...] |
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