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Letter From Sarah
September 2011      

 

Sarah Miller Caldicott
Great Grandniece of
Thomas Edison, MBA

Dear Innovator:

 

Last month, I started a new section in my notebook called "upheavals and disruptions." So many huge shifts occurred in August - both in the US and globally - that I felt it was important to dedicate some space for these massive events.

 

Some entries focused on the economy, some on politics, some on natural disasters. Far from a sleepy summer month, here's what my August "upheaval" entries reveal:

  • US debt ceiling crisis paralyzes Washington.
  • S&P downgrades US credit rating from AAA to AA.

  • The US stock market registers its second most volatile week in its history.

  • Steve Jobs steps down as Apple CEO.

  • Hurricane Irene wreaks havoc in mid-Atlantic and New England states.

  • An earthquake measuring 5.8 on the Richter scale hits Washington, DC.

  • Strongman Muammar Gaddafi is ousted in Libya.

Wow...this one month of upheavals was enough to fill an entire year! And my list for September is not much better...

 

When activities in the present get too volatile, we often retrench and forget about the future. We forget that one of the best ways to address a seemingly insurmountable challenge can be to jump ahead of it, and create a new pathway forward.

 

Book Cover

Sarah's 60-page ebook "Inventing the Future" will be released by John Wiley & Sons publishers on Nov. 2nd

Envisioning the Future a Crucial Skill

In thinking about how to navigate the volatility of these crazy times, we can draw key lessons from Thomas Edison. "Full-spectrum Engagement," one of Edison's innovation competencies, reveals his ability to navigate opposites.

 

One opposite Edison mastered was the ability to create a vision of the future while also remaining deeply engaged in the present. Edison developed a powerful array of tools to envision the future and vault him forward in time. As you'll read in this month's Out of the Box segment, he engaged in an integrated network of activities which fed his futuristic visions. These included monitoring trends, making notebook drawings, reading and writing science fiction stories, conducting experiments, and prototyping. Learn how Intel is uniquely leveraging Edison's approach to drive innovation success today.

 

On November 2nd, you'll have another chance to read more about Edison's future-visioning methods. Publisher John Wiley & Sons will be releasing a 60-page ebook I've written entitled, Inventing the Future: What Would Thomas Edison Be Doing Today? It encapsulates Edison's approach for looking out into the future and imagining new markets, new needs, and how dynamic technologies could be developed to address those needs.

 

The ebook is based on a provocative TEDx talk I'll be giving in Atlanta on November 4th, entitled "What Would Thomas Edison be Doing Today?" My thanks to Al Meyers and his TEDxPeachtree team for the chance to deliver this message! See this month's Events & Resources for more details!

 

Innovation Simulations Help Teams Envision the Future Faster

In addition to making us leery about the future, market gyrations also often require us to generate new solutions faster. The TableStakes™ innovation simulation game offers teams a chance to do this. Designed to generate powerful innovation outcomes in a matter of hours, rather than days, TableStakes is a "serious game" that draws upon data, trends, and needs to develop new patterns of thinking that accelerate innovation. In this month's TableStakes section, read about why this game offers a unique way to drive value creation - rapidly.

 

Congratulations to Mimi Amnell (of Finland!), Sheila Samuelson, and Guy Lenharty for correctly answering last month's hidden question. Each of you will receive a copy of "Edison's Top 10" most powerful innovations, drawn from Inventing the Future. This month's hidden question is focused around the future...see if you can find it! The first three winners will get a chance to chat with me on Skype about how I selected the 6 concepts Thomas Edison would be working on today for Inventing the Future.

 

Send me your answers to the hidden question. You can respond by email, tweeting me on Twitter, friending me on Facebook, or sending me a message on LinkedIn! I'd love to hear from you! 

 

Keep innovating,

 

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Out of the Box



 

Lessons from Intel and Edison - How Innovators Envision the Future

 

In the last 6 weeks, management upheavals have rained down on corporate America. Steve Jobs stepped down as Apple CEO in mid-August.  Yahoo's board of so-called "doofuses" ousted CEO Carol Bartz via a telephone call. In yet another board crisis at HP, CEO short-timer Leo Apotheker was swept out and former eBay CEO Meg Whitman was swept in.

 

Carol BartzFinancial services companies were not immune. UBS chief executive Oswald Grubel abruptly announced his resignation following a nightmare of rogue trades exceeding $2 billion. Bank of America is swooning.

 

If you were a fly on the wall in the board room of any of these firms, which one do you think has the best grasp on the future? Which one can "see" a path for itself years down the road?

 

Apple wins that one hands down.

 

Yahoo and HP were both once synonymous with the words "leading edge." But where would the C-suites of these two firms (or what's left of them) paint that "leading edge" today? Could they describe it? Could they draw it? Could they tell you a story about it?

 

It's highly doubtful. One reason Apotheker was forced out at HP was his inability to clearly articulate a future vision for this legendary Silicon Valley giant.

 

In contrast, Google is continually thinking about where it's headed and engaging its culture - even its customers - in these exercises. And Intel - one of today's top 20 most profitable companies in the Fortune 500 - is as well.


If your organization hasn't had a good chat about the future lately, now isn't the time for future-phobia. With product life-cycles shrinking from an average of 3 years to as little as 8 months in some sectors, the future becomes "today" in a heartbeat. Don't let the wild gyrations of markets and leaders deter you from creating a compelling future vision for your organization.

 

Tomorrow ProjectIntel's "Tomorrow Project"
Intel stands as a shining example of what to do in face of gyrating markets. Adding to is many future-facing initiatives, last month Intel began a fascinating program called "The Tomorrow Project". The company is bringing in four best-selling science fiction writers and futurists to help it conceive of future applications for its prized microchips - and to aid in designing "lifestyle environments" around these applications.

 

After sharing current Intel research on photonics, robotics, telematics, and sensors with Douglas Rushkoff, Ray Hammond, Scarlett Thomas and Markus Heitz, Intel asked each one "to take a look at their research and come up with a vision for what technology will look like in the future." How cool...

 

The results? "The authors responded by creating four short stories that paint humorous, thought-provoking and hopeful pictures of our future, when these ‘futuristic technologies' have long since become familiar features of our daily lives." Intel is using facets of these stories to direct their new product development efforts.

 

You may think all this is bunk. But Intel's market-leading profitability is hard to ignore. They have created a powerful future-facing posture as part of their corporate culture.

 

In 2010, Intel also brought in "consumer experience architect," futurist, and author Brian David Johnson to spearhead several other future-facing projects. One of Johnson's recent moves included contracting with 7-time Grammy award winner Black-Eyed Peas superstar will.i.am to work with internal Intel product development groups on designing new laptop computers, tablets, and smartphones.

 

One surprising result has been growth in the Intel Developer Forum, which began in 1997. New momentum has been created by connecting superstar will.i.am with teens who want to learn computer science, build computers, or even write music using computers. Interactions have created crucial insights for Intel's developers, revealing new directions for next-generation technologies. Check out these two videos to hear how will.i.am and Intel CMO Deborah Conrad describe the positive impact the program is having.

 

Integrate Future Vision as Part of Organization's Culture
Although it hasn't integrated is future-facing efforts as effectively as Intel has, HP isn't totally ham-fisted in its futuristic venturing. A Wall Street Journal article last month describes how HP Looks to Kitchens and Cars as new markets for the software it purchased from Palm last year. Similarly, Whirlpool is envisioning appliances that connect to the Internet so customers can program them via their smartphones. Also mentioned in the article were future-facing initiatives by Ford - which has come alive under CEO Alan Mulally - as well as Toyota, Panasonic, and Virgin America.

 

So it's not a total desert out there.

 

However, the key to success in these endeavors lies in how corporate leaders integrate a future vision with the culture and lifeblood of the organization. To speed a company's ability to stay nimble in the hyper-fast environment, injecting creativity and flexibility that allows a diverse workforce to engage with this future vision is not optional.

 

If it's been awhile since you took a walk into the future, check out this mini-slide show from Mashable. The 8 slides below offer a view of how technologies we already know about today could morph and change by 2020. Have a look, and exercise your imagination! Hidden Question: Which of the 8 Mashable concepts would Edison like best?

 

Mashable
Click the image above to visit the site and play the slide show

 

How Thomas Edison Invented The Future
Thomas Edison believed nothing could be created until it was first imagined. All of his inventions and innovative systems existed first in his imagination. Then he made his imaginings real step by step through notebook drawings, experiments, prototypes, and beta tests.

 

With the weekly gyrations in today's markets, it's more important than ever to actively envision the future. Rather than shying away from the volatility that surrounds us, we need to embrace it and respond proactively - as Edison would, using his Full-spectrum Engagement competency. Take a page from Edison's future-embracing playbook, and set your own imagination in motion. It's no time for future-phobia!

 

Over the past 5 weeks, I've been preparing a manuscript for a new 60-page ebook entitled Inventing the Future: What Would Thomas Edison Be Doing Today? Although it won't be released by Wiley publishing until November 2nd, here is an encapsulation of Chapter 4, offering steps on how to map a path to the future:

  1. Buy a notebook and make frequent entries the capture your insights and ideas.
  2. Become a trend monitor, clipping out articles with trend information or saving links to online articles with trends.
  3. After you've collected 15 - 20 trends connect 3 together where you see a pattern emerging.
  4. Write a brief story about a day in this fantastical future which you believe will flow from these 3 linked trends.
  5. Draw a picture of what this "world" would look like, either using colored markers or creating a collage of images.
  6. Identify the needs suggested by this future state clustering them in groups, or aligning them to themes from your story from Step 4.
  7. Use markers and a separate sheet of paper, draw a pathway from the needs or themes of your future vision back to the present, noting new technologies or new developments that would be required to make them a reality. List them out!

Many of these same concepts were mentioned in the November 2010 and December 2008 editions of Edison's Notebook. Edison's own science fiction stories foreshadowed the development of aerial navigation, photography in total darkness, developing electricity from coal, zero gravity, and high speed trains.

 

His ability to envision new never-before-seen lighting and energy systems enabled him to design the world's first incandescent electric light and the world's first centralized power distribution infrastructure. Many of Edison's imaginings became actual products and services...they didn't all remain in the realm of science fiction!

 

Whether you want to make a case for a futuristic new product or service, or propose a unique solution to a current problem, concretize it and "make it real" in as many ways as possible. Imagine it. Draw it. Collage it. Be sure it addresses real needs. Write a story about it. But don't shy away from it!

 

As Intel has demonstrated with its own successes in envisioning the future, using Edison's methods to bring the future closer pays off in real dollars.

 

In The Next Issue – Edison’s Top 10 Innovations: Part 1


TableStakes™

2009 Edison Awards

 

An Innovation Simulation Game

 

LightbulbCreating momentum around innovation is one of the most daunting challenges executives face today.

 

A sea change in the ability of Industrial Age business structures to deliver returns in the Innovation Age has slowed innovation to a crawl in many organizations. Government is faring even worse.

 

Wall Street's "deliver it now" philosophy has also dissuaded investors from looking too far into the future - robbing organizations of funding opportunities at a time when so many trends are converging in the digital realm, the world of medicine, and more.

 

These forces are causing a need for executives to fundamentally rethink how innovation and the organization interact, and create value.

 

TableStakesä is an innovation simulation game allowing leaders to reignite innovative thinking and drive value creation - rapidly. Designed around Thomas Edison's own world-changing methods, the game yields measurable, prioritized innovation outcomes addressing the diverse value-creation needs of an organization.

 

Building New Habits
A second challenge facing executives today is the need to generate new habits and new thought processes in their employee base. Rather than focusing on linear structures and step-by-step approaches, executives now are required to create context and conceptual frameworks rather than "cookie cutter" steps.

 

TableStakes addresses the daunting need for training employees to think in non-linear ways, providing an innovation framework that resonates with players from diverse backgrounds and skill sets. By encouraging discovery, experimentation, whole-brain thinking, and synthesis, every participant comes away with new insights into how they can contribute to the innovation process while also generating exciting outcomes during each leg of the game.

 

Dozens of People Can Play TableStakes Simultaneously
TableStakes can be played live by up to 40 people simultaneously (including facilitators). Designed to drive interaction between diverse 4-person teams and a live audience, the game proceeds in rounds with players and audience members "betting" on concepts developed over the course of play. TableStakes is available in either a 10-hour or a 16-hour version.

 

You can use TableStakes to:

  • Strengthen your current innovation pipeline.
  • Engage an entire division, business unit, or community around an innovation challenge.
  • Align innovation priorities across diverse parts of your organization.
  • Create new customer value through the discovery of new markets.
  • Reignite innovation momentum where it has stalled or gone dormant.

To learn more about how your organization can benefit from the TableStakes innovation simulation game, contact Sarah at info@powerpatterns.com.

   

Events and Resources

 

Alan Lowell and SarahCongratulations to Alan Lowell, President of the International Hearing Society (IHS), on celebrating its 60th anniversary! I had an opportunity to offer a keynote and workshop on "reinvention" at the opening session of this year's annual IHS event in Boston. Thomas Edison lost the hearing in his left ear at age 16, so the powerful work that IHS does for thousands of customers every year is especially meaningful.

 

The hearing industry is bracing for 50% growth in the next 6 years, driven by an aging population. IHS and Starkey Labs are well positioned to grow along with these trends. My thanks to Dan Quall (photo at left) of Starkey Labs in Minneapolis - a 2011 Edison Awards winner - who made copies of Innovate Like Edison available for all attendees! Wishing big success to all IHS members as they "reinvent" their businesses in the coming months.

 

Innovation ExcellenceA big "thank you!" to Julie Anixter, an editor for the leading innovation blog "Innovation Excellence" for her blog mention in a post earlier this month. Julie is an accomplished innovator, and worked for years with business maven Tom Peters. Julie and colleagues Braden Kelley and Rowan Gibson have done a fabulous job increasing the visibility of innovation - and innovation tools - in the business community.

 

Exec LeadershipThanks to journalist Alice Bumgarner for our interview on Edison's collaboration methods, appearing in this month's edition of Executive Leadership. Click here to read why Edison today would prefer his collaborators to work in longhand rather than solely using computers or smartphones.

 

Smart Data CollectiveMy deepest appreciation to colleague Meta Brown for her Edison mention in this insightful blog piece entitled, "Was Edison Agile? Extracting New Value from Old Techniques." Thanks also, Meta, for championing women in engineering! Read more about Meta's expertise in the field of analytics at www.metabrown.com.

 

MENGIt's No Time for Future Phobia - This month in my guest blog post for MENG, I highlight how organizations which embrace a future vision can more powerfully generate market momentum and build employee engagement. Read how Intel's "Tomorrow Project" is borrowing from Edison's playbook to stay ahead of its competitors!

Upcoming Events:
DATE
ACTIVITY
Oct 10

Dow AgroScience, Indianapolis, IN.

Oct 11

Keynote, Metropolitan Capital Bank, Chicago, IL.

Oct 12

Keynote, Wisconsin Manufacturing Extension Partnership, Milwaukee, WI.

Nov 2

eBook launch: "Inventing the Future: What Would Thomas Edison Be Doing Today?"

Nov 2

Keynote, Abbott Laboratories R&D Conference, Fort Myers, FL.

Nov 4

TEDxPeachtree speech: "What Would Thomas Edison Be Doing Today?" Atlanta, GA.


About Sarah Caldicott

     

 

Sarah Miller Caldicott is a great grandniece of Thomas Edison, a 25-year marketing veteran, and co-author of "Innovate Like Edison: The Five-Step System for Breakthrough Business Success." She has assembled teams of highly experienced consultants and trainers to assist her in bringing Edison's Five Competencies of Innovation™ to organizations of all sizes. Sarah and her teams are capable of addressing business challenges from a diverse array of industries, in either a business-to-consumer or business-to-business environment.

 

Sarah is a dynamic and award-winning speaker, whose engaging style combines substantive business content with humor. Her invaluable experience offers an ideal resource for organizations seeking innovation success in today's rapidly integrating global marketplace.

 

Born and raised in the Midwest, Sarah received a BA from Wellesley College, where she was named a Wellesley College Scholar. She also holds an MBA from the Amos Tuck School of Business at Dartmouth. Sarah resides in Oak Park, Illinois, and has two teenage boys, Nicholas and Connor. For additional information on Sarah, click here.

 


©2011 by Sarah Miller Caldicott. All Rights Reserved.

   
 
© 2011 PowerPatterns www.powerpatterns.com