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The Perils of Being an Early Innovator

Lead Change Blog

Some time ago it was brought to my attention that I’m an innovator — the type of person whose ideas are generally pretty far ahead of the curve, before the market is ready for my innovation. ” Early Adopter vs. Early Innovator. Educating the market. ” “I know! .”

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Spotting Where Innovations Are In The Diffusion Lifecycle

The Horizons Tracker

In 1962 Everett Rogers famously described the journey innovations go on as they travel from obscurity to mass market success and through to obsolescence. It’s a process that remains largely observed to this day and being able to spot where an innovation is on the lifecycle is pretty valuable. Spreading change.

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Why Startups Fail: Six Issues to Avoid

Leading Blog

The four elements in the diamond collectively specify the opportunity : what the venture will offer and to whom; its plan for technology and operations; its marketing approach; and how the venture will make money. Marketing: How much to spend on marketing. . Marketing: How much to spend on marketing. False Starts.

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How Can Innovation Be Better Disseminated?

The Horizons Tracker

In a recent article, I highlighted some of the challenges involved in translating investment in technology and innovation into productivity improvements across the economy. “Communicating to a wider audience seems therefore to be more of a developing norm with enthusiastic early adopters than a widely exercised practice.

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Why Has the EV Market Stalled?

Harvard Business Review

Surprisingly, the EV market has stalled in recent years. Because the market has reached a difficult point in the technology-adoption lifecycle. Specifically, automakers and policymakers alike can no longer make plans based on what early adopters of EVs want.

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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business Review

Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. What can companies looking to scale up their innovations learn from their approach? While the U.S.,

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Innovative Leaders Aren’t Scared of Customers

LDRLB

During an organization’s start-up days, it’s much easier to strike up conversations with the market since there’s not much to lose. With only a few customers in the early stage of the game, any open-ended conversation with someone interested in what we’re doing is welcomed with enthusiasm. the fear of rejection).