Tuesday, June 27, 2023

Innovation

It’s important to optimize business management capability and capacity, harness innovation, enhance progressive changes, unlock business performance and unleash collective potential consistently.

Compared to the business world decades ago, the speed of change is increasing, and the business ecosystem has become more complex and dynamic, to put simply, change itself changes. 

It’s business leaders’ responsibility to establish an environment with a high-risk tolerance, in which people can grow and develop, and be creative without fear. It means that the business has access to the maximum number of potentially good ideas for building innovative products, services, business models, and solutions.

It’s important to respect people’s cognitive diversity and professional expertise, and try to send the message which appeals to them: Real change evolves how to deprogram old mindsets, let go of the old voice or experience, reprogram people’s mind with fresh knowledge, norms, and attitude. To build a high-performing team, we need cognitive differences, levels of capabilities, complementary experiences, the spectrum of skill sets, unique competencies, cultural perspectives, and different personalities.

High performance organizations leverage the powerful collaboration platforms and tools, break down silos, fine-tune the processes, monitor the change progress. Be inclusive and recognize merit and ideas, no matter where they come from. In such a global climate, those businesses that are unwilling to genuinely embrace diversity, are unable to know how to tap their diverse resources, hidden potential.

It takes the time to look at every situation from multiple points, pull all necessary business resources to develop business resolutions: In silo-based organizations, different functional managers perhaps pull the business in different directions. So it’s no surprise that they get stuck and organizations get stagnated. Look at the problem from as many perspectives as possible, leverage systems thinking to generate a variety of options for dealing with problems structurally and solving them radically with less side-effects.

There are goals behind any meaningful business initiatives. It’s important to dig into the root cause, from mindset to behaviors by clarifying: what’re their needs and wants for change, do they focus more on long term concerns or short term needs; can the business management deal with conflicts smoothly, see the patterns of the underlying needs, in order to pull people in the same direction, and lead change towards the same direction smoothly, Etc.

It is important to develop an innovative team with people who do not have the same view of the small part of the world so they can complement each others’ viewpoint: Everyone is valid for brainstorming. they are bringing their existing experiences to the situation. Diversity in the people you socialize with can provide you with new perspectives. It is important to have members of the team who have worked with different systems and platforms. Business leaders should always look for the capabilities and skills that they don't have so that they can build a winning team and complement each other.

The team's creativity is inspired and motivated by leaders, who can see, understand and appreciate the merits of different people and true inclusiveness. If team members challenge each other to have to translate their PoVs into new expressions, then not only is the combined creative output novel, but their individual inputs are also novel. They need to keep making fresh twists, fine-tune methods and processes, and stretch out in every business dimension for deepening their digital impact.

The emotional climate of an organization has an impact on how people feel and on how they perform. People in an organization want to feel encouraged that there are others who support them in accomplishing their task resourcefully. It’s important to optimize business management capability and capacity, harness innovation, enhance progressive changes, unlock business performance and unleash collective potential consistently.

0 comments:

Post a Comment