Societal challenges are complex. More complex than going to the moon, which was mainly a technical feat. To solve them requires attention to the ways in which socio-economic issues interact with politics and technology, to the need for smart regulation, and to the critical feedback processes that take place across the entire innovation chain.Mariana Mazzucato, Mission-Oriented Research & Innovation In The European Union
Every strategy, every approach, every angle of attack that we take in life – whether individually or as a collective – has its moment. Insurgents become incumbents, if they succeed; and the most novel or surprising innovations will, in time, become yesterday’s news.
The UK’s Wellcome Trust has just launched a new strategy built around three global challenges.
Wellcome is far from the only organization taking this approach. Using challenges to structure strategy echoes the new trend towards “mission-led innovation”, where systemic public policies draw on grassroots and frontline knowledge to attain specific goals. Whether it’s clean air in congested cities, continued independence in a healthy old age, or the challenges of cancer, climate change, and digital exclusion, missions are intended to help us apply big thinking to big problems – setting a clear direction for innovation while still enabling bottom-up solutions.
I think the mission-led approach is really promising, and I’ve been pleased to collaborate with organisations like Business Finland and Nesta as they explore what mission-setting might look like for them. But I’m also realistic about the limits of any one approach to ever serve as a panacea for the ills of our time. Inevitably, even the best strategies will have gaps and blindspots; no human endeavour escapes the need for tradeoffs, and omniscience is still an attribute which eludes us.Read more