Matthew Griffin, described as “The Adviser behind the Advisers” and a “Young Kurzweil,” is the founder and CEO of the 311 Institute, a global futures think tank working between the dates of 2020 to 2070, and is an award winning futurist, and author of “Codex of the Future.” Regularly featured in the global media, including AP, BBC, CNBC, Discovery, RT, and Viacom, Matthew’s ability to identify, track, and explain the impacts of hundreds of revolutionary emerging technologies on global culture, industry and society, is unparalleled. Recognised for the past six years as one of the world’s foremost futurists, innovation and strategy experts Matthew is an international speaker who helps governments, investors, multi-nationals and regulators around the world envision, build and lead an inclusive, sustainable future. A rare talent Matthew’s recent work includes mentoring several Education and Lunar XPrize teams, building the first generation of biological computers and re-envisioning global education with the G20, and helping the world’s largest conglomerates ideate the next 20 years of intelligent devices and machines. Matthew's clients include three Prime Ministers and several governments, including the G7, Accenture, Bain & Co, BCG, BOA, Blackrock, Bentley, Credit Suisse, Dell EMC, Dentons, Deloitte, Du Pont, E&Y, HPE, Huawei, JPMorgan Chase, KPMG, McKinsey, PWC, Qualcomm, SAP, Samsung, Sopra Steria, UBS, and many more.
Your child is an Innovation Genius but unfortunately for you you’re not and as I sit here with my two year old son running around in his nappy I do know how strange it sounds to say that but bear with me and we’ll help you regain your inner child and your inner innovation genius…
Unfortunately for those organisations in the business of designing products and services trying to discover the next blockbuster product isn’t as easy as just asking the public but you can’t blame them for it because very few of us were raised to be creative and therein lies one of society’s greatest unspoken problems.
Many of the world’s largest organisations, such as AT&T, Apple, Dell, GE, Southwest Airlines and Walmart owe their existence to one of two types of innovation – Convergent Innovation or Disruptive Innovation and none of them would exist today if their original founders hadn’t been able to focus the creativity of their inner child to create something new and fresh.
AT&T was founded when Alexander Graham Bell created the first telephone – a disruptive new way to communicate long distance, in 1874. Apple created the world’s first user friendly computer interface in 1977, putting Microsoft DOS to shame. Dell created a disruptive direct sales business model in 1984. GE was founded when Thomas Edison created the first electric light bulb, a disruptive new way to light up a room, in 1889. Southwest Airlines created a disruptive business model that merged the best of the car with the best of other airlines in 1971 and Walmart created a disruptive discount retailing strategy in the 1950’s. Combined these companies now turn over $1 Trillion a year – not bad for six companies founded on six ideas.
Innovation comes in many forms and can be applied to anything in any situation and most members of the public only think of it in product terms but unfortunately as we get older the creative abandon that we enjoyed as children slowly fades and gets replaced by logic and no great disruptive innovation was ever created using just logic.
Creativity is the cornerstone of the innovation process and your organisation ignores it at its peril so are children really the innovation geniuses we think they are and can we learn from them? Well, yes. As we’ve shown many of the worlds greatest company’s started with a creative idea that sparked a new, valuable disruptive innovation so let’s help you tap into your creativity.
Time to play an innovation game
Now we’re going to get you to play a simple game with your children and show you how to unleash your inner genius. This works best if your children are between the ages of five and ten because they are often the most creative and untainted by logic – don’t worry no one is watching so your ego won’t be bruised when you lose. Get some crayons and two sheets of paper – one sheet for you and one sheet for your son or daughter now your challenge: Invent a new disruptive way to boil water. You have five minutes.
If you’re like most adults the first thing you thought of was a kettle but this is a disruptive innovation game and you’ve been tasked with creating something new so some of you might now be thinking about putting the water in a pan on a camp fire, or perhaps using the oven or a barbeque. If this is you then sorry you’ve just lost the game because while you’re thinking of ways you can use different types of appliances to boil your water your son or daughter has probably just drawn a fire breathing dragon trying to boil a lake and while you couldn’t commercialize this they did something that as an adult you now find very difficult.
So why did you lose? You lost because you’re an adult. As adults we have been conditioned to be sensible and logical and to work within the boundaries of our known reality, by contrast your children have no fear of clashing two weird concepts together to create something radically different and this, shall we call it lack of fear, is the key to creating the next disruptive innovation.
Disruptive innovators are not bound by rules or stereotypes – anything goes and moving back to our boiling water game as an adult, armed with so much more knowledge than your child you could have come up with lots of new ways to boil water – everything from using pressure, gravity or lasers all the way through to using magnetic fields or nanoparticles but you probably stuck with flames and electricity. Suffice to say had you been working for a company – for example Philips, the Dutch consumer electronics giant that wanted you to disrupt the kettle industry, worth over $400 million a year in the US alone it’s likely that you’d have just enhanced the existing design and your product would have tanked.
Children don’t know it but their unbounded sense of creativity is invaluable and as a parent you should nurture it. If you could bottle their fearless creative zeal and combine it with your own business acumen you’d find that the opportunity to create truly great, disruptive innovations isn’t as far away as you think.