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How Do We Learn to Innovate?

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Published : May 03rd, 2015
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FOLLOW : Iphone Steve Jobs
Category : Editorials

24hGold - How Do We Learn to I...

With Charles Hugh Smith & Gordon T Long

32 Minutes - 24 Slides

Charles Hugh Smith and Gordon T Long discuss HOW WE LEARN TO INNOVATE.

HOW DO WE LEARN TO INNOVATE?

INNOVATION IS EQUAL PARTS:

ATTITUDE - INTELLIGENCE - CURIOSITY - "SWEAT'

INNOVATION IS 10% INSPIRATION, 90% PERSPIRATION


Innovation Can Be Learned

24hGold - How Do We Learn to I...

Steve Jobs learned to Innovate because of:

Attitude - He had a passion for something which he felt could be and needed to be changed,

Intelligence - He wasn't a genius. Few innovators are a genius but few innovators are stupid,

Curiosity - Jobs studied calligraphy out of curiosity - It became the foundation of GUI

Sweat - Jobs was a self described "obsessive driven workaholic"


Elements of Innovation

24hGold - How Do We Learn to I...

-- Innovation = solving problems,

  • Solving problems requires:
  • Deep knowledge of specific fields,
  • High level skills,
  • Experience and Cross-fertilization of different fields/skills.

-- Innovation = professional-level collaboration with other experienced people

-- Innovation = professional = accountable, good communication skills, trustworthy, able to learn new skills and fields

24hGold - How Do We Learn to I...

-- The truly disruptive innovations

• Destroy costs (50% to 90% reductions) and

• Provide goods and services that are faster, better, cheaper

APPLE - iPod, iTunes, iPad, iPhone .... Changed Industries!

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Mr. Long is a former senior group executive with IBM & Motorola, a principle in a high tech public start-up and founder of a private venture capital fund. He is presently involved in private equity placements internationally along with proprietary trading involving the development & application of Chaos Theory and Mandelbrot Generator algorithms.
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