What Evolution Can Teach Us About Innovation
Contrary to popular belief, radical innovation is generally the result of a long evolutionary process:
Author(s): Noubar Afeyan, Gary P. Pisano
Publisher: Harvard Business Review
Date of publication: 2021
Read this article on the publisher's website [Harvard Business Review]
Summary
Despite the persistent myth of the solitary genius, radical innovation is rarely the work of a single individual. It is a collective, iterative and lengthy process. In this article, the authors analyze the case of the Covid-19 vaccine developed by the Moderna laboratory. They show how the vaccine was the result of a long evolutionary process: trials, dead ends, successive reorientations. They contrast this approach with the philosophy of radical innovation shared by many companies, which they compare to a penalty shoot-out session: “You just have to multiply the projects, never mind the failures; statistically, a small number will come to fruition and will ensure the overall profitability of the innovation portfolio.” But this approach leads to a tremendous waste of resources—and to many ideas being abandoned too early. Instead of casting them aside, it would be preferable to evolve them to push them a step further.
An interesting point of view, and one that flies in the face of the currently dominant “fail fast” thinking.
Synopsis
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