Ask for Forgiveness, not Permission
Today’s episode of FFF is for all of the corporate innovators our there, all of the entrepreneurial thinkers and status quo challengers working for a large company. You might feel a little bit suffocated or restrained by your companies processes...you might often see your ideas get shot down by middle or senior management, you’re probably asked to completed a 50 page business case simply to test an idea that requires only a few hundred dollars and access to some customers, everything you suggest might require a meeting with key stakeholders who take weeks or months to get around a table and any decisions ultimately require the review and approval of higher ups. It’s no wonder that innovating in a large company can be hard.
I’ve been there, I know what it’s like.
In one of my previous roles, I urged the risk management department of a bank to explore the adoption of sophisticated data analytics tools to aid with fraud detection and effectively make the team’s job easier and freeing them up to focus on where they can add the most value, rather than doing mundane, boring, monotonous tick and flick work, prone to human error.
The response? You see Mark, over in that corner...he’s great at writing macros in Excel - never mind the fact that the company had half a trillion dollars in funds under management.
But I get it, this company and the people empowered to make decisions were incentivised not by creating the new, but by maintaining the old. Why rock the boat when you’re living a comfortable lifestlye, flying business class doing what you’ve always done, right?
But of course, that mantra won’t sit right with the listeners of this show.
So, what do you do when you’re met with this rhetoric?
Look no further than Richard Drew. In 1925, Drew was just a junior 3M employee charged with improving sandpaper.
However, he stumbled upon the idea of masking tape when he observed body shop workers painstakingly touching up flawed paint. After some time working on building out prototypes, the then-President of 3M, Wiliam McKnight, told Drew to drop the project and get back to work on improving sandpaper.
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The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.
To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.
