Why should encompass technology startups failures - Entrepreneur Definition Francais

Why should encompass technology startups failures

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Why should encompass technology startups failures -

Innovation is essential in the environment of business today.

Building innovation into the DNA of your business is essential, but when you hear that the HR department is trying to "foster a culture of innovation," you may as well throw in the towel.

Is it fear of failure stunting business innovation?

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There is an admirable long-term goal, but what about tomorrow, next week, next month? A culture of innovation can only be achieved through practice and fulfillment needs to start today!

The Business Innovation ongoing journey usually begins with the setting vague and unmeasurable goals objectives, whereupon expensive consultants are engaged on implementing a three-year plan that has no clear result.

were the objectives achieved? We do not care?! The world has changed. A thousand startups were launched since you started "promoting". You should have moved faster.

But how? An analogy of leftfield! Innovation that should be considered as a disease. A positive disease. It should incubate in a small team in a corner and then spread to other teams.

should mutate to learn and develop as it will always adapt and infect.

Innovation must be sown in small teams because if you throw the seeds in the masses they rarely catch them; this is usually the way companies go about it.

However, lay the seeds of innovation to a small group of people who focus on capturing and plant them, and they will develop successfully in a flowering demonstration of the power of innovation.

The leadership problem

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Part of the problem is leadership.

Currently, the big boys trying to get out of an old school mentality which means they generally think they can take as much time as they want in terms of innovation.

This paradigm is closely aligned with the sustainable model / evolution of innovation, composed of a daily grind to stay on the market and remain competitive.

It is focused on the incremental movement. It is that automakers do; build better cars than the model of last year. It is what Apple did with the iPhone, small incremental changes.

But we live in a disturbing world now. The democratization of technology has meant that it is cheap and easy to manage to develop and create new friendly products and services. Airbnb and Uber are clearly (and over-used) examples.

The main most innovative players now realize they are in the start-ups threat leaner and they need to be more disruptive in their approach to innovation.

Unfortunately, most of them were built for the scalable manner and not bullets for revolutionary approach to innovation.

They must realize that the challenge of innovation no longer sits with the technical side of 'a company.

He permeates the boardroom and the C-suite as it is all about new business models.

The worst thing a company can do is to set up a three-year program (which does nothing to challenge the final consumer) and throw 100 people without knowing what they really are intended to do.

And large firms, generally composed of people from MBA circles will not innovate.

Instead, organizations must align with the most difficult partners, the partners formed from a diversity "human soup".

They must be thinkers and decision makers. They must be developers, designers, poets and business thinkers. If you connect the same thing you're going to get the same thing.

It is only when you mix things up a bit and build teams that complement each other or even challenge each other, you'll be able to make their way down revolutionary road.

Get mad at each other and offend your customers if you really want to get somewhere. rapid and difficult projects facilitate this way of working.

visible trends

At present, there are few visible trends occurring in the market that should give you confidence to knock on the doors of people you want to integrate with you, with your head held high.

  1. Consultancies know they are in trouble: At the macro level, the likes of McKinsey and Deloitte are now buying large design firms so that they can offer their clients what you people have been able to offer in aces since your creation.
  2. The business models are challenged: The cost of ownership of technology has fallen sharply in recent years. This questioned the current business models in companies that have relied on bulky academic and government partners to help them innovate in the past. Go to the market has become too fast for these giants. Now they need difficult partners to exploit and feed on the challenges they face internally. You say partners.
  3. Exterior: As already mentioned, it is important to work with various teams. business design, service design, deep understanding of the market and specific professionals should be mixed to create the point of view of a foreign problem, which in turn lead to solutions "Realer".

Obtain a perfect disease

Now that you know the problems the big boys are facing and the best way to promote innovation, you must get prepared. Here's how:

  • There is a truism, but as a start-up, you should be prepared to fail. Do not be afraid of it. Nine of 10 startups fail.
  • By not you do the right thing, however, try to fail quickly and restart.
  • Focus on the end user. Forget your own technology and business structures. Concentrate only on the end of the game.
  • If you become concerned about your own internal mechanisms and then you focus the necessary time and energy on yourself and and you are not only buying your product or service. It is time to stop thinking and start doing.

Talent is not the same as experience. I can not stress this enough. Get in the kitchen and cook up that "soup".

How to solve a 2020 problem "methods 90s? You do not do.

This post originally appeared on Tech City News.