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Red Thread Thinking: Weaving Together Connections for Brilliant Ideas and Profitable Innovation Kindle Edition
Create products and services your consumers can'tpass up--without the high cost of development
Success is all about connections.
Debra Kaye explodes conventional thinking about innovation and provides an approach that anyone or any business can use to expose the crucial links among observations, experiences, facts, and feelings that on the surface do not seem related--but are--to uncover fresh, brilliant insights. In Red Thread Thinking, Kaye shows you how to weave originality from disparate information and turn it into a product or service that can shake up the marketplace--and your business.
What sets Red Thread Thinking apart from other books is that it reveals exactly how to identify and understand hidden cultural codes and shifts in consumerperceptions that speak to emerging and existing markets and, as a result, catapult fresh products to iconic status.
A mold-breaking system, Red Thread Thinking sharpens your innovation skills and can assist in problem solving, whether preparing a talk, pitching a project to your colleagues and boss, managing staff in a more productive way, or taking business to a new level. Learn the ways of Red Thread Thinking:
Red Thread One: "Innovation--It's All in Your Head"--We can fire up our brains to become better at observing and interpreting what we see around us
Red Thread Two: "Everything Old is New"--Take a fresh look at the past to gain remarkable advantage
Red Thread Three: "People: The Strangest Animals in the Zoo"--Know what makes your market tick, and you'llknow what makes them spend
Red Thread Four: "What You See Is What You Get"--Learn how to create an entirely new and accessible "language" to make your product stand out and beuniversally understood
Red Thread Five: "The Force of Passion"--Persevere, review, and refine your ideas without compromising your integrity or core beliefs.
Red Thread Thinking teaches you to activate your own knowledge and resources to make better connections, have more and superior insights, and apply history as a valuable source for future-leaning innovation.
Praise for Red Thread Thinking
"Red Thread Thinking weaves a marvelous tapestry of insight and wisdom. A must read for entrepreneurs hoping to take their ideas from fuzzy to firm." -- Susan Cain, New York Times bestselling author of Quiet: The Power of Introverts in a World That Can't Stop Talking
"Red Thread Thinking provides a deliberate system to create a 'revolution in your mind'--the first order of business for any innovator who wants to shift the consumer landscape and offer value and usefulness to customers. The book is filled with practical informationthat will help you expand your thinking." -- Jay Walker, Chairman, Walker Digital; founder of Priceline.com
"A fascinating read that should hearten anyone who wants to apply proven strategies to the act of collecting and connecting dots that exist for us all--if only we'd stop and notice." -- Danny Meyer, New York Times bestselling author of Setting the Table: The Transforming Power of Hospitality in Business
"In Red Thread Thinking, Debra Kaye offers a framework for innovation that embraces--indeed harnesses--the power of serendipity, free association, and our mind's elastic ability to see what's new in the familiar." -- Jean-Marie Dru, Chairman, TBWA\Worldwide
"Debra Kaye has created an approach to innovation that combines simple, pragmatic steps on the journey of innovation to benefit any serious entrepreneur or manager who believes innovation is central to business and that it is not the mysterious privilege of a few." -- Thomas Pinnau, Chief Executive Officer, Knowledge Universe Work-Life Solutions
"Red Thread Thinking offers a compelling framework for the modern-day innovator--one who wants to operate with a big consumer knowledge but with or without a sizeable infrastructure and budget." -- Jed C. Scala, Vice President and General Manager, Credit Card Products, American Express
- LanguageEnglish
- PublisherMcGraw Hill
- Publication dateMarch 1, 2013
- File size1333 KB
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Editorial Reviews
From Booklist
Review
"The author demonstrates how and why an individual is the starting point for innovation, and why organization culture change methods so often fail to materialize. Debra Kaye goes beyond the standard approaches to creative thinking and innovation, and presents evidence that while the two concepts are related, they are not the same thing. The author also shares the important lesson that an innovation must be seen as having value in the marketplace, and have some outstanding quality to give it staying power within that market...I highly recommend the results oriented and insightful book to any business leaders, managers, entrepreneurs, and would be innovators seeking an effective, individual based approach to innovation." --Wayne Hurlbert, Blog Business World
From the Publisher
Debra Kaye is a global innovation and trends expert specializing in brand strategy and innovation for consumer businesses. Her clients have included Apple, Mars, Colgate, McDonald's, American Express, Kimberly-Clark and many more. A frequent commentator on American Public Radio's "Marketplace" and contributor to Fast Company, she is partner at the innovation consultancy Lucule and former CEO of TBWA\Italy. She lives in New York City.
About the Author
Debra Kaye is a global innovation and trends expert specializing in brand strategy and innovation for consumer businesses. Her clients have included Apple, Mars, Colgate, McDonald's, American Express, Kimberly-Clark and many more. A frequent commentator on American Public Radio's "Marketplace" and contributor to Fast Company, she is partner at the innovation consultancy Lucule and former CEO of TBWA\Italy. She lives in New York City.
Product details
- ASIN : B00BCIQLTI
- Publisher : McGraw Hill; 1st edition (March 1, 2013)
- Publication date : March 1, 2013
- Language : English
- File size : 1333 KB
- Text-to-Speech : Enabled
- Screen Reader : Supported
- Enhanced typesetting : Enabled
- X-Ray : Enabled
- Word Wise : Enabled
- Sticky notes : On Kindle Scribe
- Print length : 273 pages
- Best Sellers Rank: #353,214 in Kindle Store (See Top 100 in Kindle Store)
- #45 in Business Research & Development
- #88 in Business Education
- #92 in Management Skills
- Customer Reviews:
About the author
DEBRA KAYE is an international innovation expert specializing in culture and brand strategy for consumer businesses. She helps clients define new areas of business opportunity, develop new products and restructure markets for long-term growth. Her clients have included L'Oreal, Dove Chocolate, Mars Petcare, Colgate, McDonald's, American Express, Kimberly-Clark and many more. A columnist for Entrepreneur.com, frequent commentator on American Public Radio's "Marketplace" and contributor to Fast Company, she is head of the innovation consultancy Lucule and former CEO of TBWAItaly. She lives in New York City.
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I've been in the process of starting my business, and have been reading all sorts of books - The $100 Startup , The 4-Hour Workweek , The Lean Startup , The Startup Owner's Manual , and many others. I'm disappointed to say that although entertaining, some of these books are fluff - filled with countless stories of other people that "did it", and very little practical, actionable advice. Of course, The Lean Startup is an exception - it's now accepted as instant classic, and I wholeheartedly recommend it.
I was really, really happy to see that Read Thread Thinking is no fluff at all. It's a serious text that strikes the perfect balance between specific instructions and generalized thinking to help you brainstorm and develop ideas. The book is thorough, well written, uses exemplary stories, and really drills the kind of thinking you need to innovate. I applied the author's techniques to come up with many new ideas for my own business, and in general now approach problems much more creatively. 100% recommend.
One last note - like The Lean Startup, this book is a serious read. It won't tell you the story of Jimmy who started with $4 in his bedroom and now runs a multi-million dollar firm. It won't give you a 5-step plan for making your first billion. However, if you give the book the attention it deserves, it will genuinely impact and fundamentally transform your thinking, enabling you to tackle and solve business issues on your own. It teaches you to catch the proverbial fish.
Author Debra Kaye’s approach is much closer to how innovations emerge. Her’s is not a “paint-by-numbers” approach. Innovation, she explains, has its roots in “fragments of thoughts and memories, new information, playful imaginings, and data.” Combined these form a strong knowledge base that can then be used for meaningful innovation.
“I believe the best innovations are the result of unexpected connections among history, technology, culture, behaviour, needs, and emotions,” she explains.
The vast majority of books I have read on innovation are retrospective. They describe how inventors found their insights. In contrast, this book describes what you need to do to develop insights that can advance your ideas and innovations.
“Creativity” is a different way of achieving a result, but that is not enough to make a profitable product or service. To be profitable, it must captivate consumers in a significantly compelling way. Enough people must see the value in what you have made to make it commercially viable.
Many years ago, a colleague said that he “is not creative.” That assertion has stuck with me and has continued to concern me. Intuitively, I knew it was wrong.
In the first few chapters of this book, Kaye brings a significant body of evidence to prove that everyone can be creative. Geoffrey Moore, author of Dealing with Darwin, asserts “Evolution requires us to continually refresh our competitive advantage. … To innovate forever, in other words, is not an aspiration; it is a design specification (in human being).”
Neurogenesis, the science of growing brain cells, has proven that you can develop specific areas of your brain through activity. Spend more time on activities that enhance creativity and innovation and that aspect of your brain develops.
People can enhance their brain’s ability to innovate by exposure to four core areas. These are “capturing” new ideas, the engagement in challenging tasks, the broadening of your knowledge, and interacting with stimulating people and places.
Yes, creativity or innovative thinking can be practiced, learned, and enhanced.
Robert Epstein, PhD conducted an experiment in Orange County, California, involving 74 city employees. They were trained intensively in the four core areas described above. “Eight months after the training, the employees had increased their rate of new idea generation by 55 percent, bringing in more than $600,000 in new revenue and a savings of about $3.5 million through innovative cost reductions.”
McCaffrey studied 100 significant modern and 1,000 historical inventions. He was looking for the method that these successful inventors used to uncover the information that solved the problem. He second, they built a solution based on that feature. The opposite of this is what psychologists call “functional fixedness,” the overlooking of unusual features
An example of this functional fixedness is having a burr stick to your sweater. Most people who notice the burr dislodge it. The person who gets beyond “functional fixedness” focuses on how it sticks to a sweater then goes on to invent Velcro. (This is how Velcro was invented.)
A common method for idea generation is the group technique of Brainstorming. Kaye cautions against, this pointing out that the public nature of the activity actually inhibits wide range ideas. She prefers two more free-flowing and less contrived methods.
The first is freeing one’s mind completely by engaging in a “mindless” activity that allows your brain to relax and expand. The second is actually exercising your brain so that it becomes stronger and better at innovating.
Kaye highlights many other important facts about innovation that are often overlooked. Among these are that insights and ideas take time to clarify and form into a profitable innovation. Tim Berners-Lee, inventor of the World Wide Web, for example, explained that his idea needed at least a decade to mature.
Most “original” ideas are not completely original. Einstein’s E = mc2 was based on the research of others. The breakthrough was discovering how to bring them together.
Your last failure may be part of your next success, she points out. Post-it Notes was the result of a weak glue, unintentionally developed by Dr. Spence Silver at 3M. He did not discard it. Instead, he wondered what purpose it might serve, and years later, a friend found the purpose. The result is the $3b year product.
Pharmaceutical companies have to be alert to unexpected benefits because their R&D costs are so high. Pfizer struggled with the expensive development of sildenafil, a drug intended to treat angina. The developers noticed that the drug had an odd side effect. Six years later, the FDA approved Viagra for the marketplace.
Latisse, drops that help eyelashes grow longer and thicker, had a similar genesis. It was originally intended to treat glaucoma.
This book was written with the individual in mind rather than the corporation. Despite the budgets large organizations have for innovation, it is individual who bring these to light. Large corporates generally suffer from a stifling maze of red tape and bureaucracy. Working on your own is not necessarily an impediment.
Innovation is something new and of value to consumers that generates profitable growth and improves competitive advantage. If you wait for things to get better, they certainly will— but not necessarily for you.
“The beauty of making innovation part of your daily life,” writes Kaye, is that you just may think of a way to solve the world’s biggest problems while you are trying to solve a small and personal one.”
Readability Light --+-- Serious
Insights High -+--- Low
Practical High --+-- Low
Ian Mann of Gateways consults internationally on leadership and strategy
Continually grounded in science, Debra Kaye then goes on to mold and shape the scientific results into practical methods to help entrepreneurs and business people be more productive and profitable. A wonderful book! I wish more books were so grounded in science.