“Necessity is the mother of all innovation”
The
title is so cliché – mentioned my authors, writers, commentators and bloggers
throughout the world – yet this short dictum bores the lifeblood and is the
foreteller of business, economic progress and general development for humanity.
As
a Christian, my life is underpinned by my faith and understanding of the Word
as given in the Holy Scriptures – if we look at Genesis 3 verse 17; God says to
Adam, “Because you listened to your
wife and ate fruit from the tree about which I commanded you, ‘You must not eat
from it,’
“Cursed is the ground because of you; through
painful toil you
will eat food from it all the days of your life….”
Adam must have thought to himself – what
now; the ground is cursed, hard and arid – to eat, will have to make a plan.
This first necessity resulted in the
development of tools – tools to tame the harsh land, to produce food and a
livelihood for Adam and his family.
As the generations have gone by, key
points in history – defining moments in the lives of the inventors, innovators
and imitators, has resulted in a myriad of inventions, processes and
technologies.
Over the years, I have found it very
interesting and sometimes entertaining – how the illusion of success or
progress, renders one incapable of growth and development. We see this in many
empires that came and went, decadence was at the heart of their fall, no longer
needing to fight, innovate of compete has resulted in them, losing their place.
Let’s take the ICE Trade – this was the transport
and sale of natural ice for domestic consumption and commercial purposes, a
precursor to refrigeration. The natural
progress from ice supply to refrigeration to cooling seems to obvious now, but
none of the companies in ICE Trade, developed and grew into Refrigeration
companies or air cooling and air conditioning companies. At each stage in the
growth of these companies, they viewed themselves as the pinnacle, having an “I
have arrived” mentality – switching off the vein of innovation that gave birth
to the venture.
Blackberry
Similar situations occur in modern
economic times – let me be bold enough to take a stab at BlackBerry/RIM. I have
long loved this company and the devices it offered, in 2005, I got my first
Blackberry device – the 7100G. What a device, you could get your emails (a very
basic messaging system at that time) direct to your device. And my goodness was
the data and subscription expensive.
The enterprise mail client in these devices paved the way
to true mobile connectivity. All you needed was a Blackberry and your wallet –
it had everything.
Apps were minimal, ringtones boring, but it kept you
connected and as a very young entrepreneur, I could hold my own against the
adults.
RIM, was years ahead of the competition and continued to
develop further, making access to the Blackberry Internet Service (BIS)
virtually free – with a nominal price that was attractive to the mass market.
RIM enjoyed a great rise from unknown, usually referred to
as ugly phone to being a market leader. Today, we are witnessing signs of a
decline and possible death of Blackberry, how this mighty enterprise has
fallen.
Jobs Return to Apple
When Steve Jobs returned to Apple in 1996 – the venture was
tethering on the brink of collapse, with few people thinking it could survive.
Necessity made the environment suitable for great innovation to emerge. Not
taking anything from the personalities that made it so.
The birth of the iPod, iTunes and iPhone – brought a time
of great growth in the Apple philosophy, share price and brand appeal. Growth
that is currently showing signs of decadence, with no new revolutionary
technology emerging.
Focus
For any venture to succeed needs a whole lot of dedication,
passion and most importantly – focus. Focus on the product, its attributes and
ensuring that it is produced as efficiently as possible, offered at a
competitive price and made available to client better than anyone else in the
market.
With focus though, one must not be blind to opportunities,
neglecting what could be the next growth curve in a venture, while fixated on
being focused on doing or producing what you are currently producing. This may
seem ironic, if you take a good text book on the definition of entrepreneurship
it states: “a person who organizes and manages any enterprise, especially a
business, usually with considerable initiative and risk” with a high tolerance for
ambiguity.
So, in the immortal words of Steve Jobs: “Stay Hungry…”
this is the required spirit in ensuring that a business, large or small remains
innovative and finds new opportunities in the market.
Comments
Post a Comment