Philipp Hoffmann
Philipp Hoffmann

The only 3 things to get innovation right?

The only 3 things to get innovation right?๐Ÿคผ PeopleTo do something new you need people who are able and willing to think outside the box.Call them entrepreneurs or innovators or whatever - but they need to have that skill of not letting dogmatic thinking get in their way.If you're able to hire them you're already one third of the way there. But this is incredibly hard.๐Ÿ”ฅ FreedomRemember, you just hired people who are able and willing to think freely.Now make sure to give them an environment in w

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Philipp Hoffmann
Philipp Hoffmann

Whoever calls me โ€œbossโ€ will be fired

Whoever calls me โ€œbossโ€ will be firedSounds a little bit too radical? I agree and honestly I havenโ€™t executed that until now. But why the radicality?I want to build an organisation, a system that consists of people thinking for themselves. For the type of work that we do (problem solving for organizations that want to drive change and innovation) this is absolutely necessary.As an organization we can only thrive if we bring different ideas and thoughts to the table, even if I donโ€™t like them. Th

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Philipp Hoffmann
Philipp Hoffmann

This is why it's important to be accurate when visualizing data.

This is why it's important to be accurate when visualizing data.The graph gives a false impression of the average female height / size in different countries, because a shape is being used for the visualization.And the shape has an area size that is square to the number on the y-axis.#innovation #futurepositivity #creativity #entrepreneurship #future #management #strategy #startups #data #visualisation๐Ÿ‘ฉ๐Ÿปโ€๐Ÿ’ป ๐—ช๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜๐—ต๐—ผ๐˜‚๐—ด๐—ต๐˜๐˜€ ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€? ๐—Ÿ๐—ฒ๐˜ ๐—บ๐—ฒ ๐—ธ๐—ป๐—ผ๐˜„ ๐—ถ๐—ป ๐˜๐—ต

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Philipp Hoffmann
Philipp Hoffmann

First principles in innovation

In case you didn't believe that air follows the same principles as water:But: how do I turn that into an innovation post?There are only a few fundamental principles and truths in this world. Some call them first principles.Those apply everywhere: for example that air might move in waves the same way water does.Some innovation first principles might be:- customers only buy when the pain solved is big enough- the unit economics have to be profitable- product has to have measurably positive impactA

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Philipp Hoffmann
Philipp Hoffmann

Ever wondered which innovation might kill Google?

Ever wondered which innovation might kill Google?This might: chat.openai.comLet me explain how:Today, Google goes through the internet and searches for information on web sites.Then they give the user a list of websites that might potentially contain the information the user is looking for. Sometimes it does, sometimes it doesn't.In that regard Google is just doing guessing games which website might have the information that the user is looking for.(It's obviously more elaborated than that, but

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Philipp Hoffmann
Philipp Hoffmann

What we can learn from agriculture for innovation strategies

๐Ÿ’ก ๐Ÿฏ ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป๐˜€ ๐˜„๐—ต๐˜† "๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฎ๐˜€๐—ถ๐—ฐ๐˜€" ๐—บ๐—ถ๐—ด๐—ต๐˜ ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—ฏ๐—ฒ ๐—ฎ ๐—ด๐—ผ๐—ผ๐—ฑ ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜†Innovation in agriculture in the last few hundred years has led to unprecedented productivity increases.An example: an acre (less than one football field) was the size of land one farmer could plough with an ox during one morning.Just imagine how many football fields one farmer is able to plough during one morning nowadays.But as in every system there

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Philipp Hoffmann
Philipp Hoffmann

๐Ÿฏ ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป๐˜€ ๐˜„๐—ต๐˜† "๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฎ๐˜€๐—ถ๐—ฐ๐˜€"

๐Ÿ’ก ๐Ÿฏ ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป๐˜€ ๐˜„๐—ต๐˜† "๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฎ๐˜€๐—ถ๐—ฐ๐˜€" ๐—บ๐—ถ๐—ด๐—ต๐˜ ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—ฏ๐—ฒ ๐—ฎ ๐—ด๐—ผ๐—ผ๐—ฑ ๐—ถ๐—ป๐—ป๐—ผ๐˜ƒ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜†Innovation in agriculture in the last few hundred years has led to unprecedented productivity increases.An example: an acre (less than one football field) was the size of land one farmer could plough with an ox during one morning.Just imagine how many football fields one farmer is able to plough during one morning nowadays.But as in every system there

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Philipp Hoffmann
Philipp Hoffmann

The Semmering Railway

Imagine a government authority granting the building permit for a railway line for which no locomotives yet exist......and hoping that some train manufacturer will step up to develop a locomotive capable of handling the steep climb. That is what happened with the Semmering Railway in Austria. Unimaginable today? This and other examples of pioneering spirit are described

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Philipp Hoffmann
Philipp Hoffmann

Amazon's advertising business is bigger than...

What's bigger than the global newspaper industry and generates more revenue than YouTube? Tip: 3 out of 4 internet users use the company's website to research products... that's already a solid foundation. That's right, it's Amazon's advertising business ๐Ÿคฏ Amazon reportedly generated about ๐Ÿ’ฐ31 billion USD in revenue from this segment in 2021. Want more innovation-โšก? Click the Like ๐Ÿ‘ button! Source

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Philipp Hoffmann
Philipp Hoffmann

Invention != Innovation

Approximately at the same time as Thomas Edison, 17 people worldwide invented the light bulb. But today only Thomas Edison is still known. That is the difference between innovation and invention. In everyday speech every technical novelty is called an innovation. But that's not entirely correct: a technical invention is initially only an "invention". It becomes an "innovation" through the successful

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Philipp Hoffmann
Philipp Hoffmann

If Apple Airpods were their own company...

... it would be the third biggest company in the world.That's the power of non-incremental innovation.Putting out a product that kills an old product line but becomes way more valuable in the process.And Apple didn't just do it only once - remember the iPod?#innovation#apple#airpods

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