More fundamentally, innovation is the state of mind to think and do things from a new angle.
Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Digital Master refers to those high-performing, highly innovative and high-mature (less than 15%) digital organizations; at the individual level, Digital Masters are those cross-generational digital professionals who are equipped with the advanced digital minds and build a unique set of digital capabilities. Talking about innovation is not new nowadays, everybody, every organization now is talking about innovation. It's been at or near the top of the business or economics agenda for a long time. However, there are a lot of confusions about innovation and there is no magic sauce to guarantee its success. Innovation is not serendipity, but a discipline.
Disciplined Innovation
Disciplined Innovation? Digital organizations reach the tipping point of the next level of innovation flow. Today, innovation can happen anywhere, anytime; it expands both horizontally and vertically. There are both hard innovations (products/services/business model) and soft innovations (management, communication, culture, etc). Innovation is the business’s unique capability to gain a competitive advantage in the face of fierce competitions and business dynamic. Innovation is not serendipity, but the differentiated business capability and disciplined management practices.
How to Build Innovation Strength in your Organization Digital innovation has a broader spectrum with hybrid nature, it is the incremental improvement- radical innovation continuum. It has broader scope beyond just a new product or service, radical innovation brings something that was not existing before. Incremental Innovation is more about taking something someone created and adding to it, changing it, adapting it; or to leverage the latest technology for business improvement. A finely tuned innovation is not a serendipity, how to build innovation strength in your organization?
Mastering Digital Innovation: From Innovation Fatigue to Innovation Blossom Digital is the age of innovation. Innovation is the business management capability to transform novel ideas and achieve its business value. And innovation is what leads to differentiation. Due to the hyper-complexity of modern businesses, innovation is essentially about reducing the unnecessary business complexity to tackle the complexities of business dynamic. For many traditional organizations, innovation is still the serendipity, even they work very hard on it, but innovation has a very low success rate. So, what are the root causes of ineffective innovation management, and how to shift from innovation fatigue to innovation blossom?
Three Aspects of Building Innovation As Business Capability Innovation becomes simply “creating value by solving problems in a new way.” Today, at the hyperconnected business ecosystem, innovation can happen anywhere, anytime, it expands both horizontally and vertically. There are many ‘flavors’ of innovations: systematic innovation, customer-centric innovation, open innovation, design-driven innovation, or management innovation. It’s the state of mind to think and do things from a new angle, and it’s a critical element of the business strategy and the unique business capability to gain a competitive advantage in the face of fierce competition and business dynamic. So what are further aspects of building innovation as a unique business capability?
How to Improve Organizational Innovation Maturity Many say digital is the age of innovation. Today, innovation can happen anywhere, anytime; it expands both horizontally and vertically. It’s the business’s unique capability to gain a competitive advantage in the face of fierce competition and business dynamic. More fundamentally, it’s the state of mind to think and do things from a new angle. Innovation is no longer “nice to have,” but “Must Have” differentiated capability of the organizations who want to stay competitive on the market. However, innovation management has a very low success rate, how to manage innovation effectively and improve the organizational innovation maturity?
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