Epic Pivot’s Post

Often the best innovations are: (1) right at hand (2) inexpensive to execute (3) don’t require a cohort of well-paid executives to treat the concept like gladiators in a Roman coliseum (live or die?) without having the context and facts. Typically, Innovation Portfolios have been classified in the three horizons: core, adjacent, transformative. Every company, brand, and product should also consider Horizon 0: Refreshing the product or service with common sense changes that cost little but make a big impact. It takes courage to bring up simple, common sense suggestions and conviction to be taken seriously. Bravo to United Airlines for implementing a simple innovation.

Time and again simple ideas remind us that innovation does not always need to be complex. It is also not always about creating new products. A simple solution could solve a complex problem like what United did with their boarding process. Brilliant; no brainer; why did we not think about this before. Usually that is the feeling we get when we come across simple solutions. #innovation #simple

Ability to challenge established/traditional procedures with a fresh perspective is key to cost-effective innovation.

Reinvent the wheel! People always say don’t reinvent the wheel. This is a really dumb saying in innovation. We reinvent wheels all the time. If we never reinvented the wheel we’d all have wooden waggon wheels. Wooden waggon wheels on planes would kill everyone. I’m all in favour of not doing work. The art of what is not to be done - is even an agile principle. But! Sometimes your have to reinvent the wheel. As the current wheels are not fit for purpose. Or, you need to learn - there is value in knowing how the wheel works! So go ahead and reinvent better wheels!!

Where is the innovation journey headed for Lufthansa Group and the Lufthansa Innovation Hub? Time to catch a glimpse into the future with our Managing Director Xavier Lagardere! 👀 ❓ The Lufthansa Group emphasizes innovation management as one of our key strategic functions. Can you illustrate why it matters?  Innovation is a core pillar of Lufthansa Group's strategy, and it's embodied in our vision statement, “Shaping aviation loved by generations to come.” Shaping aviation means taking a forerunner's role, daring to try new approaches, and learning from experience. This conscious positioning of our airline group drives our focus on innovation.  We balance projects that address the core business of the Lufthansa Group, bringing novel solutions to operational problems, and initiatives that explore new opportunities. For example, in a partnership with Lilium, we’re investigating how an ecosystem of battery-powered aircraft could be deployed in Germany and Europe, for Lufthansa Group and the overall industry. ❓ In an organization as large and diverse as Lufthansa Group, how do you foster an innovative mindset among all employees? Within the Lufthansa Group innovation ecosystem, we accelerate the delivery of innovative ideas, support employees, and bring people to work together and collaborate. We offer different formats for different needs and stages of innovation, as well as experts who guide and support you. For the individual employee who has an idea, we have formats where you can receive a budget to develop or scale your project, or where you submit your innovative ideas in one of the so-called challenges. We also provide different kinds of workshops to upskill yourself or your team. ❓ Which technology would you consider most promising to have the most significant potential for the Lufthansa Group? A key focus is to leverage the power of AI across our processes. Adding to the excellent service delivered by our crews and colleagues across functions with the support of AI is key to staying competitive and offering the best experience to our customers.  Additionally, there's potential for automation in operations - and here we have to work collaboratively with our partners across the industry. For example, we have developed a partnership management solution called Cosmos, which enhances collaboration with external service providers at airports to further enhance service quality and efficiency. #PushingTheLimits #Innovation #Collaboration #Aviation

CEOs and Founders have a common problem: Staying ahead of their competition! In a world packed with competition, how then do you stay ahead? The answer is innovate. People keep talking about innovation, but how exactly do we innovate? Well, it's all about asking questions. Seriously, that's the magic trick. To innovate is to question the 'status quo'. Take cars, for example. Why do they need wheels? Ever thought about that? Imagine if we could reinvent transportation without them. Sounds wild, right? But here's the thing: the crazy ideas are often the game-changers. Just look at what Uber did for taxis. Uber didn't just create an app; they flipped the entire concept of transportation. Instead of waiting for a taxi on the street corner, they made it possible for anyone to book a ride with just a few taps on their phone. This example shows us the power of thinking outside the box, challenging the status quo, and creating game-changing solutions. Box? Let's throw the box away altogether and think without any box in sight. Now that we've scratched the surface of innovation, are you ready to dive deeper? Stay tuned for Part 2! PS: What's one thing that you've been thinking might be done differently?

Survival in today's fast-paced aviation industry hinges on constant innovation. Fail to evolve, and you risk surrendering to competitors. ✈️ 🔄 Two Types of Innovation: - Sustaining Innovations: Incremental improvements. - Disruptive Innovations: Game changers, rendering previous tech obsolete. 🎵 Example from the music industry: - Sustaining: Records, cassettes, CDs. - Disruptive: Streaming services. 🔄 Drive Sustaining Innovation: - Use lean, six sigma, and theory of constraints. 🚀 Foster Disruptive Innovation: - Be creative, ask, "How can I make my business obsolete?" - Read "The Innovator's Dilemma" by Clayton Christensen. 🌐 Big vs. Small Companies: - Big: Excel at sustaining innovation, struggle with disruptive. - Small: Good at disruptive, lack resources for sustaining. ✨ Lesson for Aviation Managers: - Pursue both innovations. - Use process improvements to stay competitive. - Invest in disruptive innovations for fundamental change. P.S.💡 How are you challenging conventions within your company to not only foresee the future but also shape the next era of innovation in the aerospace industry? ✨✈️ #AviationInnovation #DisruptiveTech #BusinessSuccess 

I was struck on a recent trip as to how much more convenient it has become to travel thanks to rolling luggage. Within a relatively short period of time it has become almost universally adopted throughout the world. And yet, unlike most other consumer products/services, it was an insanely simple idea that did not require any technological breakthrough and/or material upfront investment. I wonder what the next such innovation will be! #innovation #consumergoods

One of the things I really love about NewStore, Inc. is the pace of innovation. Not only does it mean we keep up to date with the ever changing retail landscape, we also listen to customers! Take a look at some of the new features released in Q1 👇 #newstore #retail #mobilepos #omnichannel #retailtech

Evolution of trains from 8km to 600km an hour.