[Sigia-l] Article - Management of Innovation
Andres Sulleiro
andres at sulleiro.com
Fri May 17 14:19:46 EDT 2002
Interesting article on the (un)predictability of innovation success.
Very applicable to the web industry as well as to IA/HCI/UE/etc... I
think.
"The Rules of Innovation" By Clayton M. Christensen.
Excerpt: "The management of innovation today is where the Quality
Movement was 20 years ago, in that many believe the outcomes of
innovation efforts are unpredictable. The raison dêtre of the venture
capital industry is belief in the unpredictability of new businesses. A
few ventures will succeed; most wont, the VCs say. They therefore place
a portfolio of bets, extracting premium prices for their capital in
order to earn the high return required to compensate for the risk that
unpredictability imposes. I believe, however, that innovation isnt
random. Every undesired outcome has a cause. Those outcomes appear to be
random when we dont understand all the factors that affect successful
innovation. If we could understand and manage these variables,
innovation wouldnt be nearly as risky as it appears."
http://www.technologyreview.com/articles/christensen0602.asp
Andrés Sulleiro - Information Architect/HCI
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