Tankers and Speedboats: Is your innovation program solving the right problems?
What's the balance between your tankers (people who excel at keeping the train on the track and dialing up efficiencies), and your speedboats (people looking to move fast and find what's next)?
Most companies need both. Too many speedboats and you can new idea your company out of existence. Too many tankers and the world will pass you by. With innovation, it's often best to let your speedboats race out to the front.
I'll use the Peloton bike as an example. (https://lnkd.in/e3DJd-W) In your typical company, the challenge goes out to build a better spinner bike, so the tankers get on it. They hyper-analyze materials, components and electronics, adding and honing to build the ultimate self-contained unit, like bikes have always worked.
But the Peloton team are speedboats. They combined a love of cycling, problems with scheduling rides and the isolation of working out alone, and came up with a better experience in general. Now you can be a part of a group experience—at home. Log in, ride, sweat and win alone and yet still with others. Brilliant.
Tankers can now fine tune the machine while the speedboats run ahead.