The Lean Start Up (LSU) was popularised by Eric Reis in his book of the same name. It has had a radical impact on various industries, including government, health care, and even the economy. For example, just this month, The Long Term Stock Exchange was approved, which is a new Silicon Valley based stock exchange and brainchild ofRead more
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It seems logical to think that the more resources you have available for creativity (be that time, money, people, scope etc.) that the more creative you will be. I mean, why wouldn’t you be more creative without limitations? That’s what blue-sky thinking is all about, right?! Interestingly, research tells us that the opposite is actuallyRead more
If you have ever sat in on a meeting about innovation, chances are you probably heard a lot of jargon and buzzwords being thrown around. If you want to talk buzzwords with the best of them, use this article as a cheat sheet to help you out. Alternatively, if you find the buzzwords boring, takeRead more
(Originally published in the Australian Financial Review, March 13, 2018) I spoke at an innovation conference recently that had some big name speakers and companies. A leader from Airbnb talked about how his team had applied design principles to improve the inclusiveness of their innovations. An ex-Apple executive discussed the big mistakes innovators make. AndRead more
I’ve just realised that everything I thought I ever knew about Market Research, when it comes to testing innovation, was either flawed or is fast becoming redundant. If, like me, you have employed traditional market research approaches (i.e. concept tests, market simulation tests, focus groups, etc) to evaluate and validate your innovations, then allow meRead more
Christine here. Nice to e-meet you all! While I’m an Innovation Consultant in Melbourne, spreading the Lean Startup message (amongst other methodologies), my brother Cameron, is living Lean Startup in his Seattle-based games company, Against Gravity. Apart from being one of my favourite people on earth, he also recently managed to release one of theRead more
In many organisations the ‘F’ word, failure, is not tolerated. But failure is an inevitable part of innovation, as it comes naturally to anything with an element of uncertainty to it. The idea of risk-taking and creating a safe-to-fail workplace culture is not a new one, however, it’s not an easy nut to crack. OverRead more
Many Australian companies tend to over complicate innovation experimentation. Having mentored a mix of large companies, start ups and not for profit organisations, I’ve observed this trend cutting across them all. Part of the problem comes from all the amazing resources so readily available to people. From the fantastic book ‘The Lean Startup’ by EricRead more
‘I’ve seriously just come up with the next golden egg. It’s going to be as popular as Facebook and as disruptive as Uber.’ Have you heard a friend say this before? Or maybe you’ve had your own ‘eureka’ moment for the next disruptive innovation. If so, hopefully you’ve also taken the time to identify yourRead more
At Inventium, we frequently boast about that fact that last year, Inventium was awarded the BRW Client Choice Award for “Best Management Consultancy”. We were up against the “big guys” such as PWC and Ernst & Young, so we were pretty stoked at this win. And the win was pretty exciting for us because oneRead more