Is controversy good when it comes to innovating? Today’s guest is passionate about creating breakthroughs and states ‘If it isn’t controversial, it’s not a good idea’. Scott McNealy knows a few things about changing the game by challenging the status quo, disrupting platforms, products and services. Focusing on continually challenging an idea, model, platform, technology and service leads to disruptive breakthroughs and advances society. This week on Killer Innovations, Scott McNealy joins us to discuss a number of topics in the quest for future advances.
Lessons from the Trenches
Seeking to make an impact by looking at things from a different lens has always been Scott’s game if it’s technology, golf, education, marketing, politics or social issues. His open source view permeates his approaches and has led to positive impacts. Scott has had opportunities to learn from his pioneering and early mover days with Sun Microsystems to recent ventures in marketing and education platforms. There are many takeaways in the battles he and his teams engaged with over three decades of incredible growth and technology advances that made significant contributions to the boom of the PC and Internet. So what does it take to continue to innovate and grow. Scott has some key thoughts from disrupting markets, managing and leading in fast growth times to developing breakthrough products and services.
- A Good Idea has to be Controversial – crazy and controversial ideas have to be correct or you look foolish—controversial and correct, not controversial and stupid. No controversy, no chance to survive, if it isn’t controversial then everyone does it and no differentiation or pricing power.
- First to Market is Great when You’re Right on Timing and Team – having been on the leading edge as well as the refiner of technologies and markets, the most important aspect is ensuring you have architected a well-rounded team that will challenge the status quo, be willing to admit failure and adjust, while also being patient for timing to present itself. Sun had many ideas and technologies that were too early for the market, so it took leadership sensitive to timing and execution to seize the right opportunities at the right time.
- Most Products and Technologies aren’t Original but Evolving and Require Pivoting – it is rare you will have something brand new, but innovating current products, business models and industries can create breakthroughs when you forge forward and are willing to adjust and pivot with what the market is presenting.
- Observe, Analyze, Adjust and Execute Fast – A customer in China was using Sun’s Route D (routing software) technology differently and if Sun had spent more time in observation, assessed the implications and potential opportunities they would have been the router king before CISCO. It’s important to pay attention to not just how YOU view your product’s use, but how your customers are using it. Your customers can create new markets beyond your imagination.
- If you Miss an Opportunity, Leave it Behind and Move Fast Forward – we all have ideas and innovations we worked on and didn’t execute on that someone else succeeded in. Forget about it and keep innovating and working the execution. The secret to success is always leaving the past as the past and pressing ahead with what’s next.
- Capital Doesn’t Solve Problems – Capital Infusion Creates Confusion – many times more capital infusion creates more confusion and less focus on disrupting, ideating and coming u