Andy Boynton: Idea Hunters
A new role for boards in an age of innovation, according to Boston College's Dean Andy Boynton.
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A new role for boards in an age of innovation, according to Boston Collegeâs Dean Andy Boynton.
If volunteer leaders and CEOs want to identify new association opportunities, they must become interested, diverse, exercised, and agile âidea hunters,â as Boston College Carroll School of Management Dean Andy Boynton calls them.
âAlthough most organizations win based on having great ideas, we still focus on cash, customers, and other things, rather than on ideas as a key resource, one that must be intentionally managed to be more innovative and creative,â says Boynton.
Dedicated tools, tactics, and tracking can help. First, though, leaders should forget one common assumption about innovationâthat ideas must be original to succeed.
âOriginality is overrated and rare,â Boynton says. âThe point is to find useful ideas, put them into play, and get going. ⊠Most innovation is about taking old ideas and putting them together in different ways.â
That frees everyone to look everywhere, including at different industries that have undergone similar challenges. As Boynton notes in his book, The Idea Hunter (opens in a new tab), even organizations with little diversity can upgrade ideas if they tap nontraditional sources and limit exposure to colleaguesâ well-trod paths.
Another tactic is to create âa balance sheet of sourcesâ for board membersâ usual ideas. âThey often find it surprising and alarming that the sheet shows a narrow bandwidth of sourcesâor âweak tiesââfor content,â says Boynton, whose keynote opens ASAEâs Great Ideas Conference in March.
Possible responses include recruiting diverse meeting speakers, holding quarterly lunches with nonindustry observers, and broadening reading lists. Boynton recommends an idea exchange on every board agenda, input from young professionals with âdifferent kinds of idea webs,â and a group âdiaryâ that archives conversations and new contacts.
âMost people make their living based on ideas in their head,â Boynton says. âBut great ideas arenât going to find us; we have to find them.â
(Digital Storm/Thinkstock)
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