The following are my take-aways from an expert advisory by futurist, trends & innovation strategist Jim Carroll, whose two wonderful books have been reviewed in my weblog as well as on Amazon.com:
1) It’s incredibly fast, with collapsing product life cycles;
2) It involves a huge adaptability gap, due to accelerating change;
3) It has a huge instantaneity, as we live in a rapid idea cycle era;
4) It hits you most when you don’t expect it - understand hype cycles;
5) It's being defined by renegades & insurgents;
6) It involves partnership with customers, suppliers, facilitators & other stakeholders;
7) It involves intensity, like playing video-games;
8) It’s bigger than you think - there's danger in the comfort zone;
9) It involves innovation intensity from everyone in the organisation;
10) It comes from experiential capital - learning, unlearning & relearning;
[Jim Carroll wrote 'What I Learned from Frogs in Texas: Saving Your Skin with Forward-Thinking Innovation' & 'Ready, Set, Done: How to Innovate When Faster is the New Fast'.]
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