Andy is Prophet's Chief Curator and Provocateur, based out of our Richmond office. His main hobby in life? Life itself.

Find Andy Stefanovich on Linkedin, ,

Could You Be Holding Your Company Back?

Debunking 3 Myths of Innovation

The word, innovation, is so over used that it’s almost lost all meaning. Yet, as with all aspects of business, innovation evolves. Innovation will remain the process by which newness comes into the world, but the how of innovation is in flux. New business landscapes, new technologies, and the wearing out of old models require us to reimage how we innovate.

When we think of innovation we might think of Silicon Valley, Google, Apple, and schools like Stanford University. We might imagine brilliance being created everyday in these places, and the fumes of great ideas spewing out the windows of well designed buildings. And in fact, these are accurate portrayals of what innovation can look like. But it’s not the full story. Many businesses have misaligned views on how to achieve innovation. Employee motivation and collaboration is essential to innovate, but often businesses lack authenticity in these efforts. Keeping up with what’s current gives you a read on what’s in vogue, yet you don’t need to follow the entire world on Twitter to change your business. Culture is important; however you don’t need to have an office full of free thinkers to come up with something new. And you certainly don’t need a Mac to think differently.

There are a lot of beliefs that pervade the world of innovation. However, many of these beliefs have the potential to hold us back. Some of these beliefs are, in fact, myths: great stories that fail the test of reality. If we’re not careful, these myths of innovation can become barriers to our growth. …Continue reading

The Corporate Innovation Incubator

Create an Innovation Competence

Think about two different dining experiences: one at a four-star restaurant and the other at a fast-food restaurant. Both are distinct, yet deliberately created experiences. Valet vs. drive-through. Waiter vs. menu. Linen vs. molded plastic.

It sounds counterintuitive, but similar to how a restaurant creates a particular dining experience, your organization can be engineered to create an innovative competence. Engineering innovation within your organization should include five key drivers: mood, mindset, mechanisms, measurement and momentum. Let’s take a look at each. …Continue reading