Top 10 Paul Saffo Insights – World Innovation Forum
Taking a slightly different approach than other World Innovation Forum bloggers, I’ve distilled my time with Paul Saffo down into these Top 10 Insights:
- There are times when the uncertainty is so great that you shouldn’t even forecast at all
- Google becoming richer as people ‘contribute’ search strings – Where else do you think you are consuming but actually contribute?
- 2/3 of Roomba owners give them a name – 1/3 take them with them to friend’s house or on vacation
- Innovative ideas often take about twenty years to succeed – If you find something that has been failing for almost 20 years, pay special attention
- LucasFilm Habitat failed 20 yrs ago, others followed in failure, then Second Life took off
- People tend to substitute forward velocity as a measure of succcess
- Sometimes bad management is what allows innovation to happen
- The innovators’ trap is mistaking a clear view for a short distance
- People talk about innovations as an S-curve. Most people look at the inflection point. Look at the flat spot instead.
- Forecasters tend to over-estimate the short-term and under-estimate the long-term
- If you want to make sense of the future, look back – Look back twice as far as you are looking forward
Finally, I’d like to end with a quote from Mark Twain:
“History doesn’t repeat itself, at best it sometimes rhymes”
UPDATED May 24, 2009 – Here are the slides from Paul Saffo’s presentation at the World Innovation Forum:
What do you think?
Braden Kelley (@innovate on Twitter)
NEVER MISS ANOTHER NEWSLETTER!
LATEST BLOGS
Credit Card Shenanigans
It must be great to be in the credit card business in the United States. Demand is relatively inelastic and regulation is lax, so you can charge whatever you want for an interest rate, increase your fees once or twice a year, and make additional money off cash withdrawals and foreign exchange transactions.
Read MoreBuilding an Experience
As people become ever more immune to traditional advertising and marketing, branding will become more important. Branding is all about building an emotional connection with customers. Making the decision to follow a strategy focused on building a brand is not without peril, however, as it means that you will have to choose to not do certain things, like pursue a low price strategy.
Read More- « Previous
- 1
- …
- 4,132
- 4,133
- 4,134