What the Like Button Can Teach Us About Innovation

Informed i’s Weekly Business Insights

Extractive summaries and key takeaways from the articles carefully curated from TOP TEN BUSINESS MAGAZINES to promote informed business decision-making | Since 2017 | Week 402 | May 23-29, 2025 | Archive

What the Like Button Can Teach Us About Innovation

By Martin Reeves and Bob Goodson | Harvard Business Review Magazine | May–June 2025

Extractive Summary of the Article | Listen

2 key takeaways from the article

  1. Many organizations like to believe that innovation can be channeled along a pathway from concept to implementation that’s been tightly defined by smart managers. That’s a reassuring perspective because it feels empowering and calls for companies to do what they do best—allocate their resources and design and control processes. But the origins of the like button reveal that innovation tends to be serendipitous and social in nature—a melding of accidents, ideas, iterations, false starts, missed opportunities, and unexpected outcomes that cannot be willed or cajoled into existence.
  2. There are several good reasons to revise the innovation practices at large companies to reflect the reality described above.  Five ways that companies can improve their innovation models and practices.  A) Be Alert for Surprises.  B) Take Things Step-by-Step.  C) Lay the Myth of the Solo Inventor to Rest.  D) Calibrate Managerialism.  And E) Shift Your Mental Model (Learn from the past, Embrace storytelling, and Model and train people in the new approaches).

Full Article

(Copyright lies with the publisher)

Topics:  Creativity, Innovation, Strategy

Be the first to comment

Leave a Reply