The Progress Economy

your new operational model for innovation and growth


Tag: Enabling Better Progress

Christensen urged us to “compete against luck”. One of the most powerful benefits of The Progress Economy is the clarity it brings to innovation. It reveals a definition that is beyond the typical “add value”; one that is concrete, operational, and actionable. It specifically identifies innovation as some combination of four outcomes:

innovation: creating and executing new – to the individual, organisation, market, industry, world – progress propositions that offer improved progress potential through some combination of:

  • increasing possible progress
  • making today’s progress better
  • lowering one or more of the six progress hurdles
  • accelerating potential for value recognition frequency

whilst maintaining, or improving, the survivability of the innovator and/or ecosystem

Which, shown on a progress diagram looks as follows:

 

Innovation: High-level progress levers

Explore each of these outcomes below.

  • Accelerating well-being recognition

    Accelerating well-being recognition

    The quicker a Seeker recognises well-being recognition the more tangible progress feels – think Agile, or improving the measurement scale

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  • Lowering progress hurdles

    Lowering progress hurdles

    Lowering one or more of the 6 identified progress hurdles increases a Seeker’s progress potential

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  • Improving today’s progress

    Improving today’s progress

    Improving how to make the same progress possible today – better resource mix, better progress-making activities…

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  • Increasing progress potential

    Increasing progress potential

    Can you innovate to enable Seekers get closer to their progress sought than they can today? What we’re thinking One of the four innovation outcomes is a proposition that offers increased progress potential. That is to say, a proposition that enables a Seeker to get closer to their progress sought. And that might mean starting closer to their current progress origin. Increasing progress potential An outcome of innovation is a progress proposition that enables a Seeker to get closer to their progress sought than is currently possible Our first innovation outcome is the one that most likely springs to mind…

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