Author Archives: Paul Sloane

Ten Questions to ask During a Recession

If your organisation is facing a difficult time during the current downturn then here are some questions to ask at your next executive meeting. Are we doing all that is necessary in order to survive? I guess that is the question that you are already sharply focussed on.  So we will not go into all the ancillary questions and issues ...

Read More »

Five Foundations for Building a Culture of Innovation

If you are trying to transform an organisation which is sluggish and risk averse into one which is innovative and entrepreneurial then you have taken on a massive task. One approach is to use the Prosci ADKAR Change Management methodology as advocated by Jeffrey Hiatt and Tim Creasey. It consists of five key stages. 1. Awareness.  It is critical for ...

Read More »

How Artificial Intelligence Spurs Corporate Innovation

In the 1990s John Koza, a professor at Stanford University carried out a series of experiments involving new ways to create electrical circuits.   He designed a programme which created thousands of random circuit designs.  These were measured against desired outcomes.  Most were terrible and were eliminated.  Those closest to a solution were combined and rerun.  This process was repeated many ...

Read More »

The Wrong Diagnosis means the Wrong Remedy

We tend to revere our clinicians as towering experts in their fields. So how often do you think doctors misdiagnose? How often might your doctor tell you that you have some illness or condition, but it’s not right? For example, a doctor might diagnose the flu, but the patient really has something much more serious – like Lyme Disease. You ...

Read More »

Don’t Treat the Symptoms – Turn off the Pump

Find the Root Cause In August 1854, there was a deadly outbreak of cholera in the Soho district of central London. Cholera leads to diarrhoea, vomiting, dehydration, and in many cases to death. Thousands of people fell ill and over 600 died. At that time, medical authorities believed that cholera was caused by ‘miasma’ – a type of ‘bad air’ ...

Read More »

Eight Reasons why Innovation beats Efficiency

If you are running an organization of any kind then making it more efficient is a key priority.  It is important to speed up processes, eliminate waste, improve quality, reduce costs and generally please customers.  And if you work hard at it you can do all of these things.  But it is also important to prioritise innovation – finding new ...

Read More »

We Overvalue Knowledge and Undervalue Ignorance

We value knowledge and certainty, and disdain ignorance and doubt. Ignorant is an adjective of derision. Perhaps we over-value knowledge and underestimate the power of ignorance; or should I say the awareness of ignorance. Why is this? Because knowledge can breed certainty, hubris and closed minds. We need to be open-minded and even doubtful about our knowledge because what was ...

Read More »