Innovation heroes are a sign of a dysfunctional organization
A week ago I got invited to an “innovation hero” award ceremony at a government agency. I don’t know how many of these I’ve been to in the last couple years, but this one just made my head explode. The award was for an entrepreneur who worked against all odds to buck the system to […]
Why Innovation Prizes Fail
Innovation prizes aren’t hard to come by. Last year Elon Musk announced $100 million to come up with ways to remove carbon dioxide from the atmosphere. The year before, Prince William and David Attenborough announced an annual £1 million Earthshot Prize for solutions to environmental problems. This year, no doubt, will herald another headline-grabbing announcement. […]