Friday, December 9, 2022

Innovation

It’s important to reimagine, re-architect, and co-develop an innovative society via a clear vision, interdisciplinary intelligence & expertise.

With continuous disruptions and fierce competition, innovation is the “must-have'' unique competency of modern businesses for building long term organizational advantage.

Business innovation depends on innovation leadership, versatile talent & ever-evolving business ecosystem. Contemporary organization has the right mix of information fluency, cultural inclusion, and optimized process. Innovation leaders are able to envision new perspectives, shape the bigger thinking box, build dynamic competency to run an highly innovative organization.

Innovation & vision: "Vision" is a destination and 'innovation' is the management process including better processes, tools, cultures, etc, to get you there. To manage innovation, it’s critical to see what is behind if you want to see where you are going, and never lose your visibility forward. It takes vision and courage to be strong innovation leaders as they face a complex reality today, they have to manifest their visions, inspire a brighter picture of the future, as well as a clear sense of direction upon how to get there. Thus, innovative leadership is dynamic, creative, and progressive.

Without vision, innovation is a sidewalk. Vision is not static, but adjustable for adapting to an increasing pace of changes, etc. Innovation visionaries are in strong demand, to help their organizations break down silos, get out of their comfort zone, connect multiple dots such as vision-strategy-execution; vision-innovation; vision-progression, explore great opportunities in brilliantly reimagining the future of the company and co-shape an innovative business.

Innovation & Interdisciplinary intelligence: The digital era upon us is about people, choice, and empathy. Intelligence provides information on a user digestible and understandable level to generate fresh ideas, delight customers, allows enterprises to interpret their past to better plan their future for enforcing a growth cycle. Interdisciplinary intelligence has become a powerful tool for creating an intimate and stronger relationship with a wider range of customers; providing personalized solutions to its customers and building an advanced society.

Advanced analysis has become a powerful tool for creating stronger relationships with a wider range of customers, optimizing employee experience, and having a clear understanding of how customer-centric approaches such as customer experience design and intelligence enhance the business model and extend profitability, altering or changing the frame of reference to create previously unconsidered solutions. People centric intelligence makes proactive workforce planning, assess employee value as well as their hidden potential by analyzing different aspects of their individual traits, work ethic, influence, creativity, experience, capability, and performance. So organizations can become more innovative for thriving in the “VUCA” reality.

Innovation & Integrity:
In many organizations, resources, talent, process management becomes a bottleneck for innovation excellence. Quite a few managers underestimate the resources necessary to complete important business initiatives or explore innovation. Constant consolidation, integration, optimization are crucial to build innovation competency, enabling the transition from a small innovation initiative to demonstrate value to a completely integrated solution,

In practice, innovation is often a cross disciplinary effort. To build an innovation portfolio, there are some of the issues that business leaders must be aware of when integrating a single organizational capability into a holistic enterprise capability management across all enterprises to scale up innovation effort; integrate innovation initiatives, resources and implementation plans with prioritized strategic goals and objectives. By integrating, businesses are creating a case making all those things work smoothly to implement innovation in a consistent manner.

It’s important to reimagine, re-architect, and co-develop an innovative society via a clear vision, interdisciplinary intelligence & expertise, as well as foreseeable leaders and professionals who can figure out how to trend the future, and capture great opportunities to unleash collective human potential. Innovation impacts every perspective of contemporary organization from pursuing the perfect solution which perhaps does not exist to making continuous improvement, solving problems with personal flavor and co-shape an advanced people-centric society.

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