Back in the day, during the Vietnam era, the suggested credo was “Declare victory and go home”. Some sick care entrepreneurs have taken a similar approach by hyping digital health and process solutions that will create “Uberized, disruptive, cutting edge” change. Most are too early and wrong in declaring victory.
Research is key in this era of big data and business intelligence. The truth be told, it is also a must when talking about innovation. Research lets you know where you are comming from and what to aim for when innovating.
One of the first questions we face when we meet new acquaintances is "What do you do?" And according to how we answer, they will either be delighted to see us or look with embarrassment at their watches and shuffle away. The fact is, we live in a world where we are defined almost entirely by our work.
In my 25 years of playing in the innovation space and partnering with both Fortune 500 and start-ups, I’ve come to realize that the most successful leaders say “I’m wrong” more than they say “I’m right.”