Great article! I also want to point out that in some organizations, executive team leaders may hesitate to champion innovative ideas or share their opinions due to fear of blame in case of failure. Fostering a culture that tolerates "failures", and reward courage instead of tracking mistakes, is crucial to encourage open dialogue and harness diverse perspectives. Additionally, in startup environments, board members and/or investors can be invaluable sources of insights and feedback when exploring blue ocean strategies. Their prior research and experience in various markets can provide guidance, help validate new opportunities and enhance strategic decision-making.
100%! The best startups value diverse opinions and cultivate a growth mindset. There is little innovation without taking risks.
Also, the best board members I've had the chance to partner with can elevate your thought process by sharing their outside perspectives, recognizing patterns, and helping you think through the options.
Great article! I also want to point out that in some organizations, executive team leaders may hesitate to champion innovative ideas or share their opinions due to fear of blame in case of failure. Fostering a culture that tolerates "failures", and reward courage instead of tracking mistakes, is crucial to encourage open dialogue and harness diverse perspectives. Additionally, in startup environments, board members and/or investors can be invaluable sources of insights and feedback when exploring blue ocean strategies. Their prior research and experience in various markets can provide guidance, help validate new opportunities and enhance strategic decision-making.
100%! The best startups value diverse opinions and cultivate a growth mindset. There is little innovation without taking risks.
Also, the best board members I've had the chance to partner with can elevate your thought process by sharing their outside perspectives, recognizing patterns, and helping you think through the options.