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How to handle conflicts
How to identify and regulate emotions
How to develop self-awareness
Tesla’s innovation strategy
Tesla’s innovation strategy offers lasting lessons for any innovator, especially in terms of
- how to win support for an idea and
- how to bring new technologies to the market.
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MORE IDEAS ON THIS
Winning the resources
Elon Musk is a master of building and using innovation capital to win support for his ideas. To gain support:
- He leverages his past success at PayPal and Space X
- He uses "impression amplifiers". He does more than talk about the new idea. He puts it into physical f...
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374 reads
Commercializing the idea
A part of Tesla's strategy, which forms the core products and requires the most investment, aims to transform an industry by paying attention not just to the product, but to the entire product ecosystem.
- Tesla tends to beat out competitors who try to leverage part of the old inte...
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505 reads
Innovation Capital
There are four factors how innovators build up their innovation capital: Who you are, who you know, what you have done, your ability to draw attention to your ideas. Most notably, innovation capital is something accumulated over tim...
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393 reads
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Working with people is hard enough, being a boos is not enough. Being a leader is what we should strive for.
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Other curated ideas on this topic:
Innovation
With the fast pace of change in the digital age, leadership must be willing to try new technologies and adapt their approach to creating a digital workplace, or risk obsolescence.
The key to innovation for leaders is to keep abreast of developments in the digital sphere and ensure th...
Turn a great idea into a world-changing innovation
- Innovation should give a unique competitive position in the marketplace.
- Differentiating factors of your innovation should be conceptualised around the key strategic focus of the enterprise.
- Know the customers.
More perspectives drive innovation
Studies have shown that more diverse teams - in terms of race, gender and other factors - are more successful. The different perspectives increase innovation.
Teams just need one or two new faces to bring a fresh perspective. Team success ...
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