This week’s must-reads: How to Encourage Entrepreneurial Risk Tolerance

Here’s a rundown of this week’s best articles on The Other Ideas
“Invention is not disruptive. Only customer adoption is disruptive.” — Jeff Bezos
INNOVATION

If you don’t ship it, how can you make it better? Every time we launch a new project there is this moment of concern — what if it doesn’t work? Why is it important to try, and how can it help us?

Behind the Scenes: How Ideas Are Transformed into Productive Work. Turning ideas into practical solutions at work is a huge mountain to climb. We feel good when it happens, but do we really understand the process for making it happen over and over again on our demand?

Want to be a better innovator? Master this one skill. Today’s tech landscape is based on uncertainty, and held together by embracing change. Companies understand that by voiding risks, they expose themselves to a much greater risk: getting disrupted.

DISRUPTION

How Supermarkets Fell into Amazon’s Trap. The stagnating supermarket industry is in for a rude awakening. Why did they stop evolving and what could they have done about it?

What Happens to a Risk Averse Industry When Disruption Hits? The Fall of the Traditional Music Industry. In the past decade, the music industry has shifted from physical consumer products to digital ones, and most traditional record companies have not survived the change. If those companies would have taken more risks and embraced change, it might have ended differently.

Take Risks or Be Disrupted — How to Encourage Risk Tolerance in Product Management. About entrepreneurial risk-tolerance. And how a dynamic world can turn the “safe path” into a risky one.

The Other Ideas is all about championing new ideas and fighting the mundane — thoughts on art, invention, disruption and product management. I’ve also published a NEW book by the same name check it out here.

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Published on October 17, 2017 13:30
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