What is Innovation?

Innovation is delivering what the world wants, doesn’t have, and can afford :: Doug Howarth

Episode Summary

In this episode, Jared talks with Doug Howarth, CEO of Hypernomics, Inc. They discuss the concept of innovation, why it matters in today's world, and practical ways to drive innovation in your business. Don't miss this far-ranging conversation—learn about everything from stock market dynamics to space tourism!

Episode Notes

Doug Howarth—CEO of Hypernomics, Inc.- discusses the concept of innovation, why it matters in today's world, and practical ways to drive innovation in your business

More about our guest:

Doug Howarth's life is a story of remarkable challenges and groundbreaking discoveries. From his fascination with coordinate systems to a life-saving kidney transplant, his journey led him to uncover the concept of Hypernomics—a field that explores uncharted dimensions in market analysis. Driven by newfound clarity, Doug founded Hypernomics Inc. and collaborated with industry giants like NASA and Lockheed Martin, developing innovative software capable of analyzing markets in four or more dimensions. His upcoming book, "Hypernomics: Using Hidden Dimensions to Solve Unseen Problems," will revolutionize conventional thinking. Doug's story inspires us to embrace unconventional thinking and unleash extraordinary breakthroughs.

Know more about her and his affiliations here: 

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Episode Guide:

0:00 - Intro

1:30 - What is Innovation?

2:30 - What is "society's next step?"

7:35 - Manifesting over different domains

9:57 - Importance of understanding capacity and price

12:03 - Personal opinions, biases, and hypothesis

15:52 - Space tourism industry

19:16 - What isn't innovation?

23:24 - Increasing value by cost reduction

26:32 - Advice for innovators
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OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.