Top 3 Innovation Insights (ww 5): Uber, Mindsets & Micro-Innovation

The following articles are the Top 3 Innovation Insights this week (ww5) with a brief snapshot summary of their strategic importance to your firm.

Don’t Rush Innovation: What to Learn from the Uber Business Model (CBR)

Snapshot: New companies now aspire to be the “Uber of _____” (fill in the blank) because this unicorn leader has blazed a trail with a disruptive business model. Neil Sholay, Head of Digital at Oracle, discusses what the challenges are for tech companies and non-tech companies to innovate.

Strategic Impact: Given the rapid pace of innovation, well-established companies and emerging ones need to determine what it would take to accelerate digital transformation: how “an organization starts to use digital technologies – not for technology’s sake – but to incorporate them into their strategy and build new business models enabled by these technologies.” Companies need to balance R&D investment with the need to prove the market value to their customers. Click here to read the full article.


[Source: Forbes]

[Source: Forbes]

4 Mindsets for Thinking About Innovation in –and Competition from – China (Forbes)

Snapshot: Although China is behind the USA in certain technologies (SaaS, AR/VR and healthcare), there are areas that US companies can learn from and learn about China: mobile payments, travel and O2O (online to offline commerce). DJI and WeChat are only two examples of China- based companies that are leading their industries in their respective domains (drones and social networks).

Strategic Impact: Connie Chan, partner at Andreessen Horowitz, cites 4 mindsets that can help US companies innovate and compete with China-based companies worldwide:

  1. Rethink the definition of “innovation.”
  2. Rethink “scale” and “scaling.”
  3. Rethink the nature of competition.
  4. Rethink what “local” advantage means.

The complete article is available here.


[Source: (STAN HONDA/AFP/Getty Images)]

[Source: (STAN HONDA/AFP/Getty Images)]

Why Micro-Innovations Should be at the Core of Your Digital Transformation (Forbes)

Snapshot: The biggest innovations often start out small. Micro-innovations take less time, less R&D and can quickly glean market feedback to iterate toward success. This approach also allows large companies to diversity across different technologies and/or markets without putting all the eggs in one basket. However, improving collaboration is the key to micro-innovation.

Strategic Impact: There are several ways which your team can pursue micro-innovations to develop a sustained competitive advantage:

  • Facilitate brainstorming across departments.
  • Invest in employee training that aligns with strategic objectives.
  • Encourage everyone to speak up to develop ideas.

To read about other ways to spark micro-innovations through collaboration, click here.

Are there other articles you’ve read recently that you would consider highlighting? Let us know via

If you’re interested in how to provide innovation training and/or foster an entrepreneurial mindset in your company, contact us.

[Ed Valdez is Vice President of Global Business Strategy at G51.]