Friday, September 11, 2009

Resetting Innovation -like Edison!

Resetting Innovation –like Edison!

As the economy begins to show glimmers of improvement, we would like to share a great article in a recent newsletter about "Resetting Innovation" by our friend, Sarah Miller Caldicott, Great-Grand niece of Thomas A. Edison. Referencing in her newsletters the power of Edison's Five Competencies that stand as a spot-on timeless beacon for us all as we strive in these days of change and "resetting" to stay on point to be innovative in our organizations, whatever our businesses:

Sarah writes:

"Resetting" is a crucial skill for every innovator. Edison continually reset his goals, rapidly forming new ones when others had been achieved. He even reset his work environment from time to time. These shifts were always done with the intention of creating new pathways for innovation."

"Instead of having all chemists or all mathematicians on a team, he (Thomas A. Edison) mixed the chemists and mathematicians together with the physicists and machinists. Shifting your organization's team design is one of the most powerful steps you can take to begin innovating faster. Through multi-disciplinary teams, Edison uniquely harnessed the intellectual and creative power of his employees, and drew cutting edge thinking from each one. He then banded employees of diverse experience levels together in clusters of 2 to 8 people, and gave them the latitude to discover new insights that would either create new markets or improve existing products. This approach to multi-disciplinary teams was baked into Edison's business model. Without these team structures Edison's operating culture would have collapsed, and key discoveries would have been lost."

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