The challenge facing today’s business leaders is how to transform the tension between running the businesses of today and innovating to build the businesses of tomorrow-how to change and innovate while dealing with the relentless and rapid changes buffeting us daily.
Tension: The Energy of Innovation teaches you how to ride the innovation cycle and lifecycle to discover brilliant ideas and drive those ideas forward through all four phases of innovation development to achieve large scale success.
Harnessing Tension Accelerates Innovation and Fuels Your Creative Genius.
Becoming an innovator is analogous to biking-we need to ride a different bike depending on the terrain; and we need a different approach during each phase of the innovation lifecycle. Learn how to manage and excel during the Discovery phase, the Incubation phase, the Acceleration phase, and finally the Scaling phase.
In the Discovery phase we ride rugged mountain bikes built to survive the risks we face as we explore challenging and unknown terrain.
In the Incubation phase we need a hybrid bike that can handle both mountain trails and roads, so a potentially innovative idea can be incubated to create a prototype and complete a pilot.
In the Acceleration phase we innovate the business model to ensure commercial success. This requires a road bike-aerody¬namic, light and fast to allow you to quickly pass competitors.
The final phase is Scaling where we apply Lean Six Sigma practices to scale the busi-ness and ensure profits, returning full circle back to the stationary bike.
Dr. Chris Wasden is the Executive Director of the Sorenson Center for Discovery and Innovation at the David Eccles School of Business at the University of Utah. He is also an Associated Executive director at the Center for Medical Innovation at the medical school, and a professor in the Entrepreneurship and Strategy Department. He also continues to work with PwC where he was the Global Healthcare Innovation Leader. As a global thought leader on Digital Health and the role that Social, Mobile, Analytic and Cloud technologies are transforming healthcare and other industries he has written and published over 60 articles and reports on the topic, and he speaks at over 30 events each year on how Digital Health is transforming the practice of medicine, the delivery of care, and the creation of an entirely new wellness paradigm based upon objective measures that lead to greater engagement and changes in human behavior. He is a named inventor on 20 issued patents and has been a leader in 11 different startups where he developed many of his ideas around the innovation cycle and lifecycle and how fast, frequent, frugal, and failure accelerates innovation. Dr. Wasden has a doctorate in human and organizational learning from George Washington University in Washington, DC, an MBA from the UCLA Anderson School, and bachelor degrees in accounting (BS) and Asian studies (BA) from Brigham Young University in Provo, Utah.
Thanks for reading my blog – Michael