Have you created a Loonshot? Have people dismissed or laughed at your Loonshot? Safi Bahcall takes us through how to manage Loonshots—a big goal, an audacious idea which has a lot of enthusiasm and support, but may be viewed as crazy. What if you nurtured these crazy ideas that are dismissed and written off. Loonshots have always been created and declared, but not always nurtured, which is critical for real success. This week on Killer Innovations, Safi Bahcall joins us to discuss how to handle Loonshots.
There are behaviors and patterns for Loonshots. Previous building blocks can support the creation of a Loonshot or destination. However, the most important focus has to be on how you get to that destination, which is the continual nurturing of those crazy ideas. As the goal is established, the nurturing process spurns off other creations, insights and breakthroughs making the ultimate destination not only achievable, but also richer in value. A big challenge is that many times good teams kill great ideas. Why though? From experience and research there are certain properties of groups and characteristics that lead to failure or phenomenal success.
What can you do that ensures phase transitions are balanced as a leader of innovators and those driving execution. Leaders need to understand their role, the rules and any exceptions to rules. Safi breaks this down into nurturing three elements in the toolbox, the Ice Cube, Garden Hoe and Heart.
There are three rules that are critical for innovators to always keep in their toolkit as they create Loonshots and nurture them.