Welcome to Readers Week, 2012!

This Might Work cover

Today kicks off an annual tradition: taking a look at why reading is important for leaders, hearing from leaders on reading, and announcing my version of the best books of 2012.

And there’s no better way to start it off with a little make that a lot of Seth Godin…

Yesterday I met our mailman at the door with a not too happy look on his face. In addition to the increased volume of holiday mail, he was straining to carry a large, heavy box – one I have been anticipating since mid-summer:

Seth Godin’s latest work, This Might Work, is a huge behemoth of a book weighing in at 15.4 pounds and measuring 15x11x3 inches. It contains Seth’s incomparable blog posts from 2006-2012, curated by his most avid follower, Bernadette Jiwa. Jiwa is an Australian writer and Seth’s only choice to undertake this Herculean task.

She succeeded.

Here is her choice for the opening page, from Seth’s blog on May 20, 2004:

Five years from now…

Assume that:

Hard drive space is free

Wifi like connections are everywhere

Connections speeds are 10 to 100 times faster

Everyone has a digital camera

Everyone carries a device that is sort of like a laptop, but cheap and tiny

The number of new products introduced every day is five times greater than now

Wal-Mart’s sales are three times as big

Any manufactured product that’s more than five years old in design sells at commodity pricing

The retirement age will be five years higher than it is now

Your current profession will either be gone or totally different
What then?

Classic Seth Godin…

Also in the package was Seth’s latest normal book, The Icarus Deception, due out on 12/31. Continuing with the theme he first introduced in Linchpin, Godin shows how we can thrive in an economy that rewards art, not compliance. He explains why true innovators focus on trust, remarkability, leadership, and stories that spread. And he makes a passionate argument for why you should be treating your work as art. A review will be coming soon!

In a few sentences above, this is why leaders read..

And why you should, too.

Next: Thomas Edison on Reading

Collaborative Innovation – Maybe Edison’s Best “Invention”

How do you define collaboration?

What made Thomas Edison so successful in creating collaborative innovation teams in his era? Sarah Miller Caldicott brings Edison’s collaboration approach to the 21st century in her new book Midnight Lunch.  Read step-by-step how Edison used collaboration to propel his teams to share their ideas in a uniquely collegial atmosphere, creating a competitive edge which became a hallmark of his laboratories.

Here’s a quick overview of the four-step process.

Step 1: Capacity

Build diverse teams of two to eight people.
What worked for Edison: To create the lightbulb, Edison’s team had to include chemists, mathematicians, and glassblowers.
Modern counterpart: Facebook’s small, collaborative coding teams.

Step 2: Context

After a mistake, step back and learn from it.
What worked for Edison: At age 22, he had his first flop–the electronic vote recorder, which legislators failed to adopt. From there, he changed his focus to the consumer.
Modern counterpart: At Microsoft, Bill Gates took intensive reading vacations each year.

Step 3: Coherence

When team members disagree, step in and make a decision.
What worked for Edison: Groundbreaking work in electricity isn’t easy to come by. Fights and frustration followed; overarching vision kept creation on track.
Modern counterpart: Whirlpool has “collaboration teams” to spark dialogue between departments.

Step 4: Complexity

When the market shifts, change your direction–or face the consequences.
What worked for Edison: It was the era of electricity. Inventors ignored that at their peril.
Modern counterpart: The implosion of Kodak, which failed to adapt to market changes.

What could your team learn from a “midnight lunch?”

Look at a Fast Company article here.

Get the book here.

Read more from Sara here.

Next: Part 1 of a 5-part series on Thomas Edison’s Five Competencies of Innovation. For an overview of the Five Competencies, go here.