Idea to Value

article thumbnail

Focus on doing fewer things in order to make progress faster

Idea to Value

Often, when trying to make progress towards an innovative challenge there are thousands of things you could be doing. Examined individually, each of these actions look like they could bring you closer to your end goal. Or worse, they may each be different goals which all seem equally appealing and worth putting effort into. However, if they are each taking up your time and effort, the result is often time working ineffectively, working towards targets which are not aligned and where you end the

article thumbnail

Focus on what you can control

Idea to Value

If you cannot be the best in the world at something, is it even worth trying? Yes. Often, people can be afraid to begin a new creative endeavor, especially when they compare themselves to people who are the best in the world. After all, how can you compete with someone who is so much better than you are? What they fail to recognise is that these “best in the world” people have often been working on their skills, craft and experience for decades to get to where they are now.

Video 233
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

You do not need to be completely original in order to be creative

Idea to Value

Does something need to be completely original in order to be creative ? How can you prove if something is original or not? After all, if something which I produce is not original, is it not just a waste of time putting in time and effort creating it? This is a challenge which can petrify many people, and prevent them from trying to produce anything creative.

article thumbnail

Made to last

Idea to Value

Over the weekend, we stayed with my parents. For my toddler, they brought out some of the toys they had kept from when I was still a baby. One of the hits was a wooden toy train set which must now be over 40 years old. And my child loved it (although there were significantly more “accidents” than I remember being responsible for). Still working after being more than 40 years old That made me think about how some things are built to last, while others are built to be consumed and then

article thumbnail

Self-Serving bias: Why you think nothing is your fault

Idea to Value

How often are you blamed for things which are not your fault? Or get credit for the good things which only happened thanks to you? While in some cases people may really get negative feedback which was completely not their fault, often there is more nuance involved, where the person may not accept their responsibility. Conversely, often people will take credit for good things happening to them, when in reality it had very little to do with their actions.

Study 188
article thumbnail

Planning fallacy: Why we are so bad at predicting how long something will take

Idea to Value

The Sydney Opera house is one of the most iconic buildings in the world. I had the pleasure of living there for a while, and it always took my breath away. But did you know that it is one of the best examples of a project going over time and budget? Construction was originally planned to only cost $7 million and be finished in 1963. It ended up taking more than 10 years longer, and costing over $102 million , around 1,357% over budget.

Project 137
article thumbnail

We are all sheep

Idea to Value

And this explains why innovating can be so hard for many of our colleagues. Sheep stick together in a herd. I saw this herd this morning, and notice how close each sheep stays to each other. They feel safer this way. If there is ever any danger or predator around, being in a large group means not only can you see the danger earlier, you do not need to face it alone, making it more likely you will survive.

Groups 199