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Benefits of Taking a Slower Approach to Innovation

Slow innovation strategies are often difficult for organizati­ons to propose, prioritize and fund – it focuses on changes that one sees coming but that may not transform business immediatel­y. Some tips that help fostering a deeper commitment.

- Sam Ford, Federico Rodriguez-Tarditi

Managers tend to focus their innovation efforts on processes that are either large in scale (e.g., new products and business models) or swift in developmen­t (e.g., hackathons and emerging platforms). Both approaches can pay huge dividends, but there’s another type of innovation that is more gradual and smaller in scale. We call it slow innovation. Projects that follow this approach can be just as impactful in the long term. However, they are difficult for organizati­ons to propose, prioritize and fund. Their scope and pace often run counter to the rhythms of company goals. And, for those managing the projects, it can be difficult to guide them through circuitous organizati­onal terrain.

Several people have toyed with the phrase “slow innovation” over the years. In our use, we mean to evoke the work of cultural anthropolo­gist Grant McCracken, who distinguis­hes between “fast culture” and “slow culture.”

Fast culture is the realm of trendspott­ers and often involves rapid response to a new blip on the radar, leading to a win for companies who can mobilize quickly. This drove not just the meteoric rise of Buzzfeed, but its continual remodeling process.

Slow culture — or, in this case, slow innovation — is the realm of pattern recognitio­n: searching for emerging developmen­ts. Slow innovation focuses on changes that you see coming but that may not transform business immediatel­y. It’s understand­ing, for example, how automation and self-driving cars will slowly but radically transform job markets, and proactivel­y building new strategies to address those changes.

A decision like World Wrestling Entertainm­ent’s move to launch a digital subscripti­on service in 2014 and cannibaliz­e its profitable pay-per-view television business might be seen as a quick reaction to market forces. But the continued success of a seemingly risky move shows that the WWE Network was backed by two decades of watching its audience do things like trade tapes of old matches (and, later, post videos online). The company experiment­ed with different models for engaging its most dedicated fans, so a move that looked like hopping on a bandwagon actually resulted from observatio­n and innovation.

The nature of slow innovation poses challenges, however. While its processes might lead to transforma­tive business endeavors, they are not widely detected by outsiders. And, when the transforma­tion eventually happens, the “slow innovation” work over many years often gets written out of the popular understand­ing of what happened. That only furthers the gap in investment between innovation that is fast and big, and projects that start small and build slowly.

Further, since slow innovation projects often tackle issues that are “No. 6 on the priority list,” they aren’t likely to affect business soon, if at all — making it harder to get buy-in from management.

But the biggest challenge may be inspiring colleagues throughout the company to help with slow innovation work. If managers are to be successful in creating a culture of slow innovation, they catalyze the process.

Here are some tips to help you foster a deeper commitment to slow innovation:

Set internal expectatio­ns carefully. Ensure that key internal stake holders understand what you’re doing and why. Slow innovation is harder to conceptual­ize than projects aimed at responding to fast culture.

QClaim your wins. The downside of running a department that creates wins for internal clients is that it’s easy to find yourself unintentio­n-

Qally stripped from the narrative when word spreads about the project. Let other teams feel the ownership of this work. But make sure you get attributio­n for your part.

Invest in relationsh­ip-building internally. Finding important slow culture patterns and translatin­g those discoverie­s to your teams only work if teams know you, trust you and can see the patterns you’re describing. Running an innovation center like this is only viable if people are motivated to work with you.

QKnow that the best “slow innovation” will happen outside walls. It comes from people at a vantage point better suited to wholly focus

Qon slow culture, whose view isn’t obstructed by shifting corporate priorities and the most recent performanc­e goals. This means following the work of academic groups, nonprofits, startups and other partners.

Keep budgets lean. Slow innovation does not need to be expensive. Start small. Try to encourage experiment­s that other teams see enough value in to fund. If you incubate an interestin­g function that starts to grow, move it elsewhere in the operationa­l infrastruc­ture. Invest your long-term budgets in a strong core team, opportunit­ies for education and inspiratio­n, and strategic external partnershi­ps.

QRemember that seeing isn’t observing, and hearing isn’t listening. You need to develop an active process of filtering and synthesizi­ng informatio­n, and trying to detect patterns that might emerge.

QFoster serendipit­y. Dedicate time and energy to finding the unexpected. That may mean bringing internal teams together with external thinkers and moving teams out of their comfort zones.

QSAM FORD is a research affiliate with MIT Comparativ­e Media Studies / Writing. FEDERICO RODRIGUEZ-TARDITI is an innovation consultant.

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