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Episode 9: Innovation; Mind & Time to Market
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We must understand the fundamental difference between an Enterprise and a Business. The former frames questions and provides the inputs for Conceptualization and Engineering in the Context of Life while the latter enquires about the Cohort and Segmentation to deliver Industrialize Applications that take the shape of Products and Services. In essence, there is a need to connect the four stages of Conceptualization, Engineering, Industrialization and Commercialization.
Because Innovation is not magic but rather a deliberate process of Simplification, Modernization and Disruption. Which mutually includes both the Mind 2 Market known as the Invention to Innovation Cycle and Time 2 Market known as the Innovation to Improvisation cycle. Imagine the front and the back wheels of a bicycle that helps a bicyclist stride forward.
You need to take charge of the journey of your life through the roles you play in them. Traversing through the 0 - 5 scale of Innocence; Awareness; Understanding; Definition; Competence; & Excellence
As an Individual or an Industry you need to navigate this scale with minimum dysfunction to accomplish success; with a minimum threshold of a score of 3. Definition to remain relevant at Pursuing Excellence. Remember, as you are Transforming, so is the environment around you.
Your rate of Learning has to be greater than the forces of change around you.
This is the onset of the Creator’s Economy. And it starts with Data about you. And it also ends with you Consuming it. Everything in between is the work that gets executed by different roles that you and others play in this newly connected ecosystem that is Globally Local.
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