Large, established businesses are being disrupted at different rates of change. Insurance and financial services are being disrupted by autonomous vehicles, Internet of things and blockchain. These disruptions are existential to their core businesses. In contrast, Consumer Packaged Goods (CPG's) are being disrupted to a lesser degree, in relative terms.
A few months ago, I was working for Moves the Needle, helping build their lean startup training business in the Midwest. After completing a Three-Day Bootcamp with an enterprise customer, I found myself in their dining room wearing a sports coat and trying hard not to look uncomfortable.
This is part two of a description of common cultural barriers to innovation in the enterprise. In the first post, I discussed two of the barriers: fear of failure and expected value bias. This post covers two additional cultural barriers and how they destroy innovation in the enterprise.
I recently wrote a blog post that is a critical review of lean startup training programs from companies like Moves the Needle. In this post, I mentioned deeply-rooted cultural and structural barriers that destroy innovation in large enterprises. I'd like to explore these barriers in more detail, so we can better understand what they are and how they destroy innovation in the enterprise.
This post is the first of two posts exploring cultural barriers that exist in large enterprises. A subsequent post will describe structural barriers.