Exponential Innovation: How to Leverage Irrational Thinking and Unreasonable Ideas to Manifest the Next Big Thing
Step inside Singularity University’s Design Lab with Director Jody Medich and learn why even agile development is too slow and linear in thinking and practice for the exponential changes artificial intelligence, mixed reality, robotics, and the Internet of Things are poised to unleash in the business world.
With only 40 percent of the current F500 companies on the S&P 500 expected to still be in existence in 10 years, now is the time to learn how SU’s design thinking methodology can prepare you to innovate for the future.
This article provides a detailed look at how to become an exponential innovator, starting with the basic assumption that massive innovation comes not from incremental improvements but from radical, crazy ideas—what the rest of the world calls irrational and not possible.
You’ll learn why we need to embrace, rather than resist, change to innovate successfully. You’ll also get a detailed look at the three crucial phases we work through at Singularity University (for ourselves and our clients) when designing for exponentials.
These phases are proven to manifest unreasonable breakthroughs:
- Discover: In this phase you find a significant problem impacting humanity. Exponential technologies have the potential to solve humanity’s most persistent problems, and working on impact challenges will not only attract others who want to collaborate to solve them (rather than compete) but also get you in the space to start developing valuable IP and building goodwill in the global community.
- Project: Here you get to flex your creative muscles by imagining the science fiction prototype of your solution. By projecting out 15 years into the future, you can imagine beyond what is—and focus on what can be.
- Make: The maker phase encourages you to ideate by building various low-fidelity prototypes—not by making the thing, but by testing out different perspectives of the thing. This process gets you out of your comfort zone, which is a great way to provoke irrational thinking.
At Singularity University, we elevate exceptional companies into exponential enterprises that can thrive amid chaos and uncertainty, and we provide the tools, frameworks, and leadership models to help you future-proof your organization.
See how we can help transform your organization into an exponential enterprise that’s prepared to tackle the coming changes and seize new opportunities.