As CEOs seek to uncover ways to capitalize on the dramatic changes in our digital world, a word I frequently hear is innovation. In thinking about the most important ideas on innovation one comes to mind from the CEO of one of the world’s most beloved and important not-for-profits, the United Way. When I asked Brain Gallagher, CEO, United Way Worldwide what corporations can learn from not-for-profits he responded, “Innovation happens on the edge, on the ground in communities in places like Mumbai India; Bogota Columbia; Mexico City, New York City and Kent, Ohio. We embrace being local, but we’re very clear about a single mission and purpose.”
What is clear to me is the key to succeeding in digital volatility is creating new business models and services that emirate from diverse sources; and the way to locate those is by keeping our ears and eyes wide opened ‘on the edge’. What innovative ideas can you learn on the edge?