NEWS & EVENTS |
Rajiv Narang, CEO, Erehwon - FT Innovate, London 2008
“Breaking through gravity”
Summary of Key Talks
There are mindsets that prevent an organization from innovating.
1st mindset gravity
Deference
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Deference to giants (consider changing the mindset of a defender into that of an attacker)- the actual course of ideas is from mindset into process/practice and then ideas. Ideas are influenced and limited by the mindset… there is a need to change the mindset.
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Deference to market trends- can use them as one input, but not put them on a pedestal
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To past success
They all limit conception of breakthrough.
The way out – create a breakthrough dialogue – uncover, deeply personalize and then act.
2nd mindset gravity
Identity Forward
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Position (can always dice the market so small that you are a market leader…)
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Brand
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Category
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Capability
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A good story about the new newspaper in India that was based on a very broad “survey” and then coming back to the people with the actual offering referring to what they said in the first interview…. Co-creation with customers.
3rd mindset gravity
Insight
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Not only about the observer but also about the observed- visible behavior that creates the frame of reference (limiting) and then identifies motives
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The story about “chromosysnthesis“- a form of blindness –two groups were sensitized for this and oddly enough thought that they have it…
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Grameen Bank … if this was citi – it would have been citi for the poor, and not the new creative structure of Grameen
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The way out – breakthrough expedition:
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Validate - discovery
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External interview à mutually reflective dialogue (the bigger insights are usually for the person realizing his/her own limits)
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Usual - unusual sources
4th mindset gravity
Who will pursue?
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MBO encourages to under promise and over achieve – will be difficult to create really new (out of the box) things
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The way out: Need to burn bridges and remove escape buttons…
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The way out: Re-anchor credibility
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Size of kingdom to size of challenge
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Maintenance to creation
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Business to cause (like the new malaria medicine)
5th mindset gravity
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Actuary
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Board approval
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Wellness
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The way out: excite the heart – the mind will follow.
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The way out: tip the mind – versioning. A big promise but a low cost to try it out. They want to try it but cannot put big resources. Perform versioning (experimentation).
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Top management engagement style is of:
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Download
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Debate
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Explorative
Build around lighthouses and multiply believers – a type of a “social movement”.
In summary: there are three main Gravity Mindsets:
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Conception
- Pursuit
- Scale
If there is one thing to do and start with – identify an out of the box challenge (not ideas)
People who have a better chance of leading such changes:
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more excited by the size of the challenge and not the size of the future kingdom
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look at the market for recognitions, not their peers
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probably had diverse life experiences |
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