Jay Rao and the Culture of Innovation

By C&J

Think to act in new ways, and act to think in new ways.

 

JAY RAO

Last week, as part of the Innovation, Strategy and Growth seminar at the Harvard Faculty House organized in Boston by LTC with Xavier Marcet, we had the very special opportunity to listen to innovation expert Jay Rao, from Babson College.

His lecture was about the concept of culture of innovation, as a critical success factor to redefining success in innovation.

He also spoke to us about the culture of innovation, as the balance of the innovation-strategy-entrepreneurial leadership triangle and his own methodology based on the ‘Culture Blocks’ for managing the culture of innovation.

Masterful communicator about a concept as complex as mistreated.

Here we leave you some gems that, although some might seem obvious to us, should at least make us reflect on the way we understand innovation in our organizations.

  • In innovation, content without context becomes a commodity (understood as a product without added value), and therefore useless.
  • Humility is the best beginning to start innovating.
  • The culture of innovation must be the perfect excuse for change.
  • Entrepreneurial leadership is the ability to separate the mediocrity from the gems of your organization.
  • Change management, also in innovation, must be deployed community by community, group by group.
  • Leadership must always be understood in the context of strategy.
  • Think our way to act in new ways and act our way to think in new ways.
  • Innovation is the scaling up of inventions and the identification of bright spots.
  • In innovation, it is crucial to know how to manage risk measurers and uncertainty ‘navigators’.