Over ninety percent of companies surveyed by Booz Hamilton consider organic growth through Innovation necessary for the long-term success of their company. Sherman DeForest has demonstrated management ability and innovation in several areas of high tech with emphasis on medical instrumentation. He has participated in all aspects of starting and running a business, but performs best when managing state of the art projects. He has done his best work with small to medium sized teams on challenging projects. He will provide you with his perspective on how he made it work in his ventures. Listen as we explore the context of innovation, overcoming barriers of innovation, an innovation process as well as how to convert an innovation in useful applications.
LISTEN: SEGMENT ONE
Sherman is a serial entrepreneur and innovator who had his first innovation at the age of 16. He creates a context of how we should talk about innovation by understanding evolution, innovation and paradigm shift.
LISTEN: SEGMENT TWO
We explore the scope of innovation where Sherman shows how innovation is relevant in the business setting. He identifies that innovation is solving a problem where you have to overcome a particular boundary. Sherman explains the importance of changing your mind set in order to overcome these boundaries.
LISTEN: SEGMENT THREE
Sherman underscores the importance of being able to fail when you are looking for innovation. This is where it is important in businesses to have the passion and courage to commit to an innovation before you know the outcome. He also highlights the importance of cross-fertilization in this process.
LISTEN: SEGMENT FOUR
How do you bring the innovation to application? Sherman gives his perspective on the importance of the whole team in order to make the innovation into an application. This is often easier said than done.
