Asif Osman argues innovation matters for everyone, not just tech companies. Video rental stores and travel agencies got disrupted by change. He says stay informed with Google alerts and news feeds, then constantly rethink how you work.
Chapters
Foreign. Here I am once again, Asif Osman, to share a thought with you. And this time I want to talk to you about something that's very important and you might be hearing all the time. It's about innovation. Innovation is not only for companies, especially tech companies. Innovations is something that all of us need to adopt in our way of thinking and our way of working. Think about it this way. In the last 10, 12 years or so, how many video shops or video rental places have you realized have shut down? Why is that? Because they weren't innovative and changes have come into the marketplace. Movies are available for download, so they've had to shut up shop, so their business is out of business. Other businesses that you can think of that are struggling because of innovation and the way the market is changing is perhaps the travel business. The travel business is turning into a real tough place to do business in. So innovation is something that you should adopt because if you don't change yourself, the market will change and others will change the market conditions such that you may go out of business and opportunities become narrow. So before that happens, why not adopt a mindset where you're continuously thinking of new ways to operate, new ways to work, to perform as an employee, new ways to change your business. Why get stuck in the traditional way of doing business? So adapt your mind to be one of innovation. And one of the best ways to do that is to stay up to date and read about what's happening in the marketplace. And that is so easy to do these days with Google alerts and news feeds all the time. So keep innovation at the top of your head.