Published October 21, 2021

Ep 93: Innovation, Demystified–Brett Hagler & Danielle Strickland

TOPICS IN THIS PODCAST

Leading Organizations

In a time where innovation and visionary thinking are essential to organizational growth and survival, how can leaders inspire and teach teams to try new things and grow? In this episode, Danielle Strickland interviews Brett Hagler, co-founder and CEO of New Story, which is pioneering new ways to house the under-resourced, and also changing how nonprofits engage with supporters. Through the launch of New Story, and also personal challenges, Brett shares a powerful, practical approach to innovation.

Show Notes

SUMMARY:

In a time where innovation and visionary thinking are essential to organizational growth and survival, how can leaders inspire and teach teams to try new things and grow? In this episode, Danielle Strickland interviews Brett Hagler, co-founder and CEO of New Story, which is pioneering new ways to house the under-resourced, and also changing how nonprofits engage with supporters. Through the launch of New Story, and also personal challenges, Brett shares a powerful, practical approach to innovation.

 

KEY TAKEAWAYS:

BIAS TOWARDS LEARNING. Not only does a learning posture expedite growth, it can help recast “failure” as an opportunity for learning and growth.

 

RECOGNIZE A POTENTIAL CALLING. Brett describes the experience of helping families in Haiti as “addicting,” and joyful. One way to recognize a place of potential calling is to find the place where the deep needs of the world and your deepest joy intersect.

 

STARTING SMALL AND MOVING QUICKLY REAPS BENEFITS. Not only can you lower the barrier of entry and jumpstart your idea, you can also gain momentum and validation from potential investors and allies.

 

STARTING WITH “THE ONE” CAN YIELD DISRUPTIVE INSIGHTS. Maintaining an intense focus on staying small and solving a problem for “one” (i.e., building the first house) can actually teach you how to come up with new models for an entire industry.

 

FOCUSING ON THE LONG-TERM CAN BE PARALYZING. Rather than focus on a multi-year strategy or plan, start small, learn by doing, and iterate along the way.

 

ASSUMING ITERATION HELPS TO AVOID THE FALLACY OF THE SUNK COST. It is easy to think that the way you’ve always done something is the way you should do it now, or that it’s too costly to change. Realize the solution you think you’re working on right now may simply be the jumping off point to an unexpected solution you cannot currently see.

 

A POWERFUL RECIPE FOR INNOVATION AND DISRUPTION. New Story was able to innovate by identifying problems and pain points in an existing industry, designing solutions for those problems, proving those solutions and then sharing them with others.

 

INNOVATION DOES NOT EQUAL “TECHNOLOGICAL” OR “EXPENSIVE”. Innovation starts with the mindset of delivering better solution for your customers. Ask yourself, “What would it take to improve this?” and reverse engineer your answer.

 

BOLD IDEAS ATTRACT BOLD PEOPLE. If you want to attract innovative and forward-thinking employees, investors or allies, your idea should not only be appealing to them, it should also be attainable.

 

DISCOMFORT IS THE “NORTH STAR” OF COMPELLING VISION. If you want your organization to be stretching and pushing forward, your vision should be difficult enough that it makes you a little uncomfortable to share it.

 

RESIST THE ILLUSION THAT YOU ARE IN CONTROL. We can control our attitude and our effort—which is critical—but we cannot control the results. Adversity will happen.

 

A LEADER IS MORE THAN THEIR SUCCESS OR FAILURES. For leaders, having a strong sense of identity and security apart from the success and failure of their organization is liberating, and can actually free them up for more risk and innovation.

 

 

 

RELATED LINKS:

Global Leadership Network 

The Global Leadership Summit 

Danielle Strickland 

Brett Hagler 

New Story 

Fast Company Most Innovative Companies: New Story 

Charity Water 

Mission of Hope 

Liz Bohannon on Iteration 

Todd Henry on Stretch, Sprint, and Step Goals 

Ruthless Elimination of Hurry by John Mark Comer (Affiliate Link) 

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