Episode 62 - The Role Of Innovation In Business with Dan McClure & Jenny Wilde

HIGHLIGHTSEven small businesses should be able to innovate Incremental changes vs DisruptionInnovation leaders don't always find success Small businesses are often the victims of disruptionYou're either the disruptor or the disruptedYou don't need to be a billionaire to innovate Always try to see the bigger picture QUOTESDan: "If you're making those small incremental changes, whether you're a leader or a lagger isn't so much of an issue. In those situations, you're really just saying how quickly are you gonna get in front of this opportunity. When you're dealing with disruption, oftentimes the difference between the first mover and the third mover is the difference of whether you survive or not."Jen: "There are consistent disruptions going on, and this is where you are either the disruptor or the disrupted." Dan: "One of the things that's really great about right now is that you can think with a degree of complexity at any scale. You can be the guy who is imagining a way to do both services. Or you can be Elon Musk and you're gonna reinvent the entire global industry on everything kind of thing."Dan: "See the bigger picture, whether that's within your own business or the opportunities around you. But deliberately take steps back and see bigger pictures of what the opportunities and challenges are. Getting into that habit of stepping back and seeing the bigger picture then enables a whole lot of additional new types of thinking."Jen:  "This idea of standing on the balcony, looking over at your business and saying. 'what does this look like, what needs to change, how do I move pieces around people, parts, services, etc.' And going to the dancefloor, which would include talking the customers and doing a bit of a boogie, and then looking into the operational picture. Often we'll say, 'Are you spending enough time on the balcony?' or for some people, 'Are you spending enough time on the dancefloor?'"To connect with Dan and Jenny, check out the links below: LinkedIn (Jennifer Wilde): https://www.linkedin.com/in/jennifer-wilde-bbb05867/LinkedIn (Dan McClure): https://www.linkedin.com/in/mccluredc/Website: https://www.innovationecosystem.com/Twitter: @inno_ecosystemIf you enjoyed today’s episode, please subscribe, review and share with a friend who would benefit from the message. If you’re interested in picking up a copy of Jonathan Goldhill’s book, Disruptive Successor, go to the website at www.DisruptiveSuccessor.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.