{"id":39548,"date":"2020-10-05T07:01:56","date_gmt":"2020-10-05T05:01:56","guid":{"rendered":"https:\/\/strtgy.design\/articles\/the-cat-in-the-innovation-box\/"},"modified":"2020-10-05T07:01:56","modified_gmt":"2020-10-05T05:01:56","slug":"the-cat-in-the-innovation-box","status":"publish","type":"post","link":"https:\/\/strtgy.design\/en\/strtgy-notes-en\/the-cat-in-the-innovation-box\/","title":{"rendered":"The cat in the innovation box"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Hey, happy Monday,<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Had a good weekend?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I wrote this note on Sunday evening to stop some thoughts that came to my mind after a beautiful and long talk with a dear friend whom I have seen in person only on Saturday since the lockdown in March.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You should know that we are a little less than 20 years apart and he is someone I would listen to for hours (which I did) and absorb, as if by osmosis, his experience.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of the two, he is the &#8220;old man,&#8221; and this difference in &#8220;wisdom&#8221; allows me to frame things from an angle that is, as far as I am concerned, extremely interesting: that of the entrepreneurs and managers of those small and medium-sized enterprises responsible for much of Italy&#8217;s GDP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here&#8217;s what we talked about&#8230;<\/span><\/p>\n<h2>Simultaneously alive and dead<\/h2>\n<p><span style=\"font-weight: 400;\">He told me that he had gone into a lamp store to buy about 20 abat jour, the cordless kind with batteries, to put on the tables in his restaurant.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">He is someone with very clear ideas. He never wastes time. He was straight to the point. Model and quantity. Unfortunately, he came out empty-handed.    <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The store owner told him it would take 15 days to get them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As soon as he left the store, he only had to type the first few letters of the pattern into Amazon&#8217;s search box to find out that he could receive them, all 20 of them, in 2 days because he does not have Amazon Prime. Otherwise in one day. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">He realized that that store, one of the most famous in Florence, is simultaneously open but also closed, forever.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Open because he actually was able to go inside, talk to the owner and look at the display model.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Closed because you cannot justify today the benefit of waiting 15 days from the official retailer to get what the internet promises to deliver to you in 24 hours (probably from the same manufacturer).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, I agree with my friend: that store is simultaneously alive and dead, like Schr\u00f6dinger&#8217;s famous cat.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The fact is that there are thousands of Italian businesses in the same condition.<\/span><\/p>\n<h2>Outsourcing the Future<\/h2>\n<p><span style=\"font-weight: 400;\">How many entrepreneurs excel in the quality of their products? So many. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Credit is often due to the ability, among others, to know how to acquire the right raw materials, a knowledge learned in the field, perhaps handed down.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How many of these are capable of buying, in the same way, innovation. Very few. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, it is necessary to make it clear that innovation is not purchased, but the ability to innovate is acquired.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">I purposely used the expression &#8220;buying innovation&#8221; to accurately describe the typical doing of entrepreneurs and managers, of those small and medium-sized enterprises, responsible for much of the Italian GDP I mentioned at the beginning.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They buy a new website.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They buy a new app.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They buy e-commerce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They buy a new brand.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They buy a new [insert name of your service].<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As if all you need to do is buy a shiny box from a supplier outside your company that you can install in your company and just turn it on to make things work better.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The moment you make this decision you are deliberately delegating the most important thing any company has: the relationship with its customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You are outsourcing your future.<\/span><\/p>\n<h2>The essential is invisible to the eyes<\/h2>\n<p><span style=\"font-weight: 400;\">It is possible to trace back to three elements what defines a company&#8217;s ability to withstand competition and thus survive: People, Processes and Products, our 3Ps.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of these 3Ps, only one shows up well in the budget, that of products that sit there waiting to find a customer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unfortunately, the P of People understood as Corporate Culture and the P of Processes understood as the ability to interact, collaborate, and make decisions are invisible to the eyes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When deciding to invest in the next competitive advantage, it would be too easy to buy in bulk and put a simple deductible cost on the balance sheet without impacting other areas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Innovating means investing in People, in building the culture that enables growth and allows the Processes by which value is created to evolve.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Innovating means developing skills to develop new skills, learning to improve the ability to learn, experimenting to accelerate new experiments, and experiencing to learn from experiences.  <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pardon the pun, but I hope I made my point. Many times, behind the request to redo a site, app or e-commerce, there is more of a change-management project than simple execution. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That is why you, too, could be in a box right now like Schr\u00f6dinger&#8217;s cat. You could simultaneously survive or succumb to the effects of technological transformation changing people&#8217;s behaviors and consequently the market. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">What do you think?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Good work!<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Make yourself heard.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>3:43 reading &#8211; 50% alive, 50% dead, outsourcing the future, People, Processes and Products.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","footnotes":""},"categories":[97],"tags":[],"class_list":["post-39548","post","type-post","status-publish","format-standard","hentry","category-strtgy-notes-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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