A little secret about achieving really difficult things is that oftentimes it's not a technology challenge but an execution challenge. If you really do your homework, you’ll notice that many of today’s aggressively innovative companies have excelled by executing better on technology that had already been proven in the past. If you really want to accelerate some breakthroughs: 1 / Do your homework. Study what has been proven technology but failed to reach commercial heights. 2 / Get those fundamentals down. Then innovate on top of that. 3 / Iterate. Build a little on what's possible. Innovate. Fail. Test. Repeat. A lot of what seems like lore and mythology is really better execution on what has been proven as reality in the past. (Fundamental science and research is extremely important! Sometimes you will have to revert to this step of the breakthrough process, but also remember that very little is new under the sun.) Thoughts???
That is so true I see businesses with the best plans in the world the best marketing, but the people involve do not know how to execute and it all falls apart
This reminder is about keeping faith in our startup. While we generate our unique idea, find our market, and pivot to a complete system for healthcare and pharma, some investors argue that this idea already exists. However, we face challenges and address gaps in the order-to-delivery process that no one else has solved. Oxkers' self-drive movers will lead the way in transport by air, sea, and road, much like an ambulance. Adding a seed We aim to build priority ports exclusively for healthcare worldwide, which is a significant need. Where is my team?
100% This is brilliant. The only thing I might add is to get something in front of the customer, whomever that is, as soon as possible, no matter how rough. Doing this early and often in implementations saves weeks/months and often millions. It's also a lot more fun. While requirements gathering has it's place, a prototype in front of a customer ASAP is a better starting place IMHO. 💜
Like your enthusiasm Dan Goldin. But respectfully disagree. I would advocate to think deeply and not bumble around. An old adage holds true. Think thrice for every strike. Thought are free, strikes are costly in the real world, and save your strike when your free think also moves into the innovation phase (the execution). The NIH has wasted $100B a year and cured NOTHING for decades, striking randomly and false pretense of 'execution' for the KOls. The following billionaire have wasted on PD ($1B by Sergie Brin), on AD (Bill Gates and his agencies (ADDF and DDF >$100B on AD) and Estee Lauder ($200M on AD). What does it tell you? Greedy KOL con men and no real high order scientific medical thinking have prevailed in the chaos of medicine executing on hogwash. Lots of rich executioners but millions patient who have suffered and died for decades. Big difference between understanding the nature of nature (human diseases) and human engineered products. 🙏
Not often true—a wild single poorly executed idea can when placed in a lucky ecosystem of interacting needs & markets enact “disproportionate” whole system changes. Example FEMINIZING a tech often wipes competitors off in short order as everything is so grossly automatically excessively MALE. — This old mantra about wonderful execution has been promulgated since the 1920s by giant US corporations as a reason to support them and their lack of innovation rather than undermined them with a totally new better basis for the product. This is typical Harvard East Coast USA out of date bureaucracy excuse
This is a great example of doing what we can to make life beyond today better . A lot of the time we think we have to do these big sweeping acts to make change in our lives and society’s when in reality it comes from doing your homework, getting back to the basics, and taking it one step at a time with the team and resources you have. We may want more but are delt the hand we have to go on to play another hand. In my memior Life Beyond Today I share my experiences of overcoming youth homelessness to go on and inspire others to believe in making a better tomorrow. As part of making a better tomorrow is making change one small step at a time. And Dan shows through his experiences how to apply. Just as in my memoir I show how we can apply the mindset to everything from hills to parenting through my story. Hope that everyone is well and staying inspired. As we can and will make life better. One improvement at a time.
It makes me think about "Goodenough" vs "China" .... (EV-battery tech) One party had the "breakthrough" with no major follow-up and/or effective commercialisation/implementation, the other "executed" simply and at extreme scale, without reinventing the wheel. Over-simplified, but I think the point is made effectively. Steve Jobs had a few things to say about ideas vs implementation, along the lines of "the idea only gets you 10% there, it's the hard work and getting things done, which makes up 90%".... and also Elon Musk, where in an interview he alluded to the fact that there's no shortage of ideas, and he doesn't need more of them... What the Chinese do in the battery sector, is to build at extreme scale first, and then optimise and/or worry about off-takes. This strategy is naturally criticized ad nauseam by those who have zero commercial production and forever trying to be the best in the world, but may never generate any revenue.
I fully agree: Good execution always beats great technology/innovation. I've seen this often in the Automotive industry where a car company has some amazing innovation (e.g. rear view camera) but they are unable to get customer excited because of poor execution (glitchy screen, lag in loading the video, etc.).
President / CTO @ Flow-Liner Systems, LTD | Trenchless Technologies
1moVery good points! Sometimes the hardest hurdle to overcome is convincing “old school” technology thinkers, which are very set in their ways, to accept proven innovative technologies as the best choice for the task at hand.