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Innovation & Institutions, Will it Blend?
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Scooped by Deb Nystrom, REVELN
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Innovation vs. Measurement & Systems: Leadership Is Always The Key

Innovation vs. Measurement & Systems:  Leadership Is Always The Key | Innovation & Institutions, Will it Blend? | Scoop.it

"Think of “win-lose” structures in incentives.  If you can only win if someone else loses, what are the odds of your developing a working relationship grounded in trust?"

Trust:

Strong leadership can recognize “win-lose” structures or norms and work to eliminate them.  It seems obvious that leadership drives trust, not systems.


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Without ...systems ...built to allow for ...individual and group failure, risk will always be a negative organizational value. 


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DIVERSITY:      . . . of people, points of view, ideas, ethics, and beliefs.  Diversity is what drives and powers iteration, constant challenge, testing, playing, and randomness. Strong leadership will drive (or diminish) diversity much more profoundly than will the most deeply embedded systems.  


RISK:     Risk tolerance and the attractiveness of rapid iteration are the hallmarks of innovative organizations.  Without operational systems that are built to allow for and to contextualize individual and group failure, risk will always be a negative organizational value.


...Should you be thinking a little more about how you encourage and foster strong leadership, and a little less about your systems of measurement and evaluation.?  You might be surprised by where this reflection will take you.

Deb Nystrom, REVELN's insight:

The venture capitalist who wrote this post has a view I share on putting measurement and evaluation within the right context, including a certain tolerance for enough risk-taking to help organizations be adaptive and "anti-fragile." ~  Deb

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Deb Nystrom, REVELN's curator insight, July 5, 2013 8:29 PM

This is also shared here via Performance and Talent Development because of the theme of leadership above performance systems, and leadership to build an innovation, adaptive culture that trumps traditional measurement practices. ~  D

Scooped by Deb Nystrom, REVELN
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New Ventures: The Result is Rarely the Starting Point

New Ventures: The Result is Rarely the Starting Point | Innovation & Institutions, Will it Blend? | Scoop.it

Have you ever thought of starting a company? Mark Moore (42) has. Four times. And with two acquisitions and an IPO behind him, expectations on his current venture, “One True Media” are high.

 

So where do the ideas come from? How does Mark create that flash of brilliance which gives ignition to a company; a successful company?

 

...It’s never the big things
In creating ventures, its little changes that really matter. One True Media had a terrific holiday season in 2005, but in Janauary 2006 the business went dark. Mark and his team kept changing.

 

At the end of January, they had a breakthrough. People wanted to share. One True Media added a simple feature that let users put photos and video onto “myspace,” an Internet community site. All of a sudden users were doubling every two weeks. Less than a year and countless more changes later, One True Media has over 880,000 registered users and has created over a million videos.

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