Good Morning,
How do we encourage innovation among our scholars? A few points to direct us (extracted from the book 1000 CEO’s compiled by Andrew Davidson) ;
· Record your successes and mistakes in life and share this information within your network of mentors - William Mc Knight – CEO of 3M (1949 – 1966)
· Encourage other people and yourself to look at potential risks, estimating the impact and probability of the risk occurring - William Mc Knight – CEO of 3M (1949 – 1966)
· People and ideas are your greatest asset in innovation – Who are your friends? – William Mc Knight – CEO of 3M (1949 – 1966)
· Do what you love, and integrate your passion with your job tasks - Steve Jobs – Founder and CEO of Apple
· Identify supporters and create a network of relationships that support your innovation – Steve Jobs – Founder and CEO of Apple
· Remember that research is the key to creating sound opportunities for innovation - President and CEO of of the Children’s Investment Fund Foundation (CIFF)
· Never ignore a formula that has worked before – Imitation can save time and money in innovation - President and CEO of of the Children’s Investment Fund Foundation (CIFF)
· Look at any institution for new strategies- marry two acts together to derive an insight - Jamie Cooper – President and CEO of of the Children’s Investment Fund Foundation (CIFF)
· Hire and work with the best people you can get into your team – John T Chambers – CEO of Cisco
· Good Ideas are ten a penny-everyone will have thought of them and the opportunities they raise – what makes a difference is who executes the best and first! – Mark Zuckerberg – Founder of Facebook
· Single yourself out from the rest of the pack with your willingness to put in the hours and make things happen – Mark Zuckerberg – Founder of Facebook
· Think a year ahead. Ask “What innovation could I be kicking myself about when someone else does it? – Mark Zuckerberg – Founder of Facebook
I have 4 interesting readings for the day;
Ø Ushahidi- Africa’s gift to the Silicon Valley – How to track a crisis – from the New York Times Archives
Ø Global Innovation – Can India lead the mobile-internet revolution – Lexmann Narasimhan – Head of Mckinsey India
Ø How we founded M-Pesa – Susan Lonie and Nick Hughes talk of how they did it in this article from the Journal of Innovation
Ø The Women at the Top of Global Busiess – A Financial Times Ranking – Part 1 of 5 Series to be released across the next 4 days
Futher – we are wondering on how to continue the ‘Leadership and Mentorship Challenge’ after the upcoming August Congress ; Is it adding any value? If we were to continue it under a ‘Learning Leadership Together Program’ to be conducted in a social media type of internal communication platform (Yammer) …..You are our scholars and know better – let me know and also copy Isaac....@equitybank.co.ke in your feedback.
Have a pleasant morning,
A0049

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