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Managing innovation - creating value from ideas
John Bessant
135 episodes
1 week ago

Innovation doesn't just happen. It's not like the cartoons - a lightbulb flashes on above someone's head and that's it. No - it's a journey and we need to understand how best to prepare for that journey, whatever kind of value we are trying to create. This podcast is about some useful lessons we might take on board to help develop our capabilities.For more, see my website:https://johnbessant.org

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Innovation doesn't just happen. It's not like the cartoons - a lightbulb flashes on above someone's head and that's it. No - it's a journey and we need to understand how best to prepare for that journey, whatever kind of value we are trying to create. This podcast is about some useful lessons we might take on board to help develop our capabilities.For more, see my website:https://johnbessant.org

Show more...
Entrepreneurship
Business
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Innovation on a plate
Managing innovation - creating value from ideas
29 minutes
2 months ago
Innovation on a plate

Ever wonder what happens when a devastating setback becomes the spark for a revolution? The remarkable story of Josiah Wedgwood is a masterclass in turning personal tragedy into world-changing innovation. This isn't just about pottery; it's about a man who, forced to reframe his entire world, ended up shaping an industry and a nation.

This podcast tells his fascinating innovation storyBefore he became a household name, Wedgwood was an apprentice potter, a craft deeply rooted in his family for generations. But at the age of 11, a battle with smallpox left him with a permanently weakened leg, making the physical labour of the potter’s wheel impossible. A "happy accident," as he would later call it, pushed him away from the wheel and toward the laboratory. It was here, in a world of notebooks and experiments, that he began his journey to transform a "rude uncultivated craft" into an applied science.Wedgwood wasn't just a potter; he was a visionary. He saw the rise of the middle class and a vast new market for beautiful, functional tableware. Unlike his competitors who focused on costly porcelain, Wedgwood chose to innovate, dedicating his life to perfecting earthenware and stoneware. His obsession with experimentation led to groundbreaking creations like the iconic creamware, eventually earning him the royal seal of approval from Queen Charlotte herself. This was the birth of Queensware, a brand that would cement his legacy.But his genius extended far beyond the kiln. He was an early adopter of the factory system, meticulously dividing labor to boost productivity and quality. He wasn't just building a factory; he was creating a planned community for his workers at a site he named Etruria. He was a pioneer in logistics, lobbying for the construction of canals to speed up transportation. Most of all, he was a marketing maverick. From stamping his products to ensure authenticity to offering free delivery and using royal endorsements, Wedgwood invented many of the brand-building strategies we still see today.His crowning achievement was Jasperware, a new material inspired by ancient Roman artifacts. Through thousands of painstaking experiments, he perfected the distinctive matte finish and the famous "Wedgwood blue." The ultimate test came with a commission from Catherine the Great of Russia: a massive, 944-piece dinner service, each piece hand-painted with a unique British landscape. This "Frog Service" was a financial loss but a marketing triumph, proving that Wedgwood's ceramics could rival the finest porcelain in the world.From a disabled boy in a rural workshop to "Vase Maker General to the Universe," Josiah Wedgwood's story is a powerful reminder that sometimes, the greatest leaps forward are born from the most unexpected setbacks. He took a business with minimal worth and turned it into one of England's most famous and enduring industrial concerns. His legacy is still with us today, a testament to the power of a scientific mind and an unyielding will to innovate.

You can find a transcript hereCheck out the 'Managing innovation website' for more stories like these and other resources to help you explore the world of innovation.


Managing innovation - creating value from ideas

Innovation doesn't just happen. It's not like the cartoons - a lightbulb flashes on above someone's head and that's it. No - it's a journey and we need to understand how best to prepare for that journey, whatever kind of value we are trying to create. This podcast is about some useful lessons we might take on board to help develop our capabilities.For more, see my website:https://johnbessant.org