Transparency, Relationships and Other Things Corporations Could Learn from a Small Bookstore | ||||||||||||||||||||||||
Combating Four Innovation Lies
Harvard Business Review • June 3, 2011
Grain of salt. These enthusiastically misleading assurances from customers, salespeople, developers and executives will sound familiar. As you're making decisions about future projects, just remember that what people say and what they do are often two different things.
Short but worth a quick review. These are applicable to our own efforts to build new distinctive library services. We already have some experience with building things that people said they’d use only to find they get no attention from precisely those same people. ( Michalko)
Positive Black Swans
Slate • May 17, 2011
Risky business. Check out this excerpt from Tim Harford's Adapt: Why Success Always Starts With Failure—the author tracks the innovation records of projects funded by the National Institutes of Health vs. the privately funded Howard Hughes Medical Institute. The results make a case for tolerating riskier ventures as a tradeoff for potentially bigger payoffs: "Here's about the thing about failure in innovation: It's a price worth paying . . . In the statistical jargon, the pattern of innovative returns is heavily skewed to the upside; that means a lot of small failures and a few gigantic successes."
I'd never seen this comparison or even knew much about the Howard Hughes Medical Institute. A fascinating complement when paired with NIH. Take baby steps and speculative leaps say the complexity researchers. ( Michalko)
Other Things That Caught Our Eye . . .
Empty Trash, Buy Milk. Forge History.
What Rembrandt's Night Watch Can Teach Us About the Value of Questions
Above the Fold Quiz
According to an item in this week's News and Views section, where is this year's LIBER conference being held?