Saltar la navegación
How to Innovate and Create the Future
Podcast

How to Innovate and Create the Future

Jacob Morgan, 2020


Editorial Rating

9

getAbstract Rating

  • Applicable
  • Hot Topic
  • Inspiring

Recommendation

No business was fully prepared for the COVID-19 pandemic or lockdown. The disruption was sudden and global, and the threat isn’t over yet. As most businesses scramble to find a new “business as usual,” consider that now might actually be the most opportune moment to innovate. Jacob Morgan, host of The Future of Work podcast talks with Trendhunter.com CEO and author Jeremy Gutsche about the ways that innovation is born out of chaos. Gutsche offers practical advice for changing perspective to see opportunities. Some of the most successful companies in the United States started up during recessions, including Burger King, Disney and Fortune magazine. Now might be the turning point for smaller but daring companies to make their mark.

Summary

Chaos is an opportunity to innovate.

The COVID-19 pandemic has disrupted business as usual and forced companies to innovate. They’re rethinking workplace practices, trying out new technologies and learning to manage remote teams. When disruption happens, in those first chaotic weeks, the first reaction is to do what’s necessary to keep functioning. Then you start to figure out how people’s needs have changed. This is when disruption accelerates, driven by those companies taking advantage of chaos to innovate change.

Only 1% of companies that are at the top of their market dedicate themselves to staying in their spot. Companies like Amazon and Google build innovation into their DNA “because they’re paranoid to stay number one.” But about 80% of companies that consider themselves successful are most vulnerable to disruption. The remaining companies, the ones that are afraid they won’t make it, will try new things that end up disrupting the status quo.

Disruption happens over three phases. First, when new companies try out new ideas and established companies don’t worry much about it. In phase two, these ideas catch on and those companies expand their market share...

About the Podcast

Jacob Morgan hosts The Future of Work podcast. Jeremy Gutsche is CEO of Trendhunter.com and author of Exploiting Chaos: 150 Ways to Spark Innovation During Times of Change and Create the Future: Tactics for Disruptive Thinking.


Comment on this summary

  • Avatar
  • Avatar
    T. A. 5 years ago
    I like the term “Be willing to fail”, it complies with biggest innovation killer “Fear of Failure”. <br> <br>Many lessons can be learnt from this abstract. Chaos could be place for Innovation reborn.

More on this topic

Related Skills

Avance en su carrera
Sea emocionalmente inteligente
Sea más adaptable
Construya su startup
Carrera
Desarrolle un plan de negocios
Desarrolle la organización
Industria automotriz
Industria de la consultoría
Discover Economy
Industria energética
Industria financiera
Industria de seguros
Industria de la manufactura
Industria del deporte
Industria tecnológica
Turismo
Liderazgo ejecutivo
Recursos humanos
Aumente su conciencia cultural
Lidere estratégicamente
Liderazgo
Manage People and Talent
Administración
Perspectivas del mercado por industria
Mercadotecnia
Crecimiento personal
Habilidades blandas
Strengthen Team Collaboration
Understand Economics
Comprenda las organizaciones
Habilidades para el lugar de trabajo
Indicadores económicos
Supere desafíos
El futuro de la manufactura
Innovación
Impulse el desarrollo empresarial
El futuro de la industria automotriz
Ciclos económicos
Planifique estratégicamente
Facilite la ideación grupal
El futuro de la industria tecnológica
El futuro de la industria energética
Garantice la continuidad del negocio
El futuro de los seguros
Estudios de caso de start-ups
Colabore de forma creativa
Defienda nuevas ideas
Fomente una cultura de innovación
Aproveche la ambidestreza
Promueva la creatividad
Triunfe como emprendedor
Comprenda la innovación
Participe en el intraemprendimiento
Desarrolle productos innovadores
Tendencias del comportamiento del consumidor
El futuro del sector turístico
El futuro del trabajo
El futuro de la consultoría
Aplique la innovación abierta
El futuro de la industria del deporte
Cultive la curiosidad
Genere ideas
Emprendimiento
Descubra cambios sociales
Innove estratégicamente
Adopte otras perspectivas
Sea creativo
Innove en los modelos de negocio
Descubra tendencias culturales
Tendencias de los mercados emergentes
El futuro de la industria financiera
Descubra las tendencias de mercadotecnia
Adopte el pensamiento divergente
Desafíe las suposiciones