An article in Quartz last week argued that the success we experience in life is mostly a result of luck. It’s a good read; there’s a tendency among successful business executives to argue that effort and talent always win out. They don’t. Sometimes great ideas and businesses go nowhere because they didn’t resonate with a target audience at a particular point in time.
But if luck influences success, then it should be the priority of every business to experiment - in order to catch the next wave of luck. Innovation facilitation is crucial to ensure that a business remains relevant in an era of accelerated change. Companies that are already successful must not assume that their preeminence will be sustained. Fortune - in all senses of the word - requires business to put itself in the path of new opportunities and innovation.
For: Corporate Innovators
This is an interesting take on the reason for setting up corporate innovation programs in enterprise. We mostly agree; innovation shouldn’t be done for PR alone. But we believe running innovation programs in silos can also be problematic - and HBR agrees with us.
Will it be something out of a dystopian sci-fi, or will we live in a jobless, enlightened bliss? As AI develops and embeds in our daily lives, will it cause a monumental shift or a nominal blip in human history?