It takes a realistic innovation approach by involving every line of people, processes, and resources to create differentiated value.
For every need-driven and people-centric innovation initiative, work closely with clients to articulate their important needs; define the most compelling and novel approach to delight customers ultimately.
It is important to define the most compelling and unique innovation approach in adding all critical pieces for accelerating validation of facts about business ideas: Business managers should look deeply into the future to navigate where to go and how to get there. Look uphill to identify the real problems that matter and on a scale that can make a difference. Often the multidimensional innovation lens provides them the better angle and broader perspective to build differentiated business competency, achieve differentiated value, and drive business transformation seamlessly.
Innovation management is an overarching discipline which needs to weave many key business factors into an innovation competency, and take a stepwise approach to achieve its business value. The desired outcome is to assess the employee's contribution at the different levels of the organizational hierarchy to fulfill tasks in line with the organizational innovation goals and unlock collective potential.
It's important to deploy organizational assets in combination and disentangle dynamic capabilities in clusters of processes and managerial orchestration: Innovation is a differentiated business capability, the business management should readily consider services, information, asset dimensions of the adequacy of the capability to fulfill their business goals. There are multiple perspectives of innovation capabilities. It’s important to gain insight into the condition and relationship or dependency of capabilities to improve innovation capability coherence. Fine-tune emerging technology, people, or process, reconfigure your organization for increasing its "variety" - the ability to match variety in the environment.
It is important to look at dynamic capability from a quite different perspective. In order to expedite innovation capability development, loose coupling makes it possible to adopt module design for integration and optimization, and improve organizational speed. To make wise investment on innovation capability development, describe business goals, scope, outcomes, technical capabilities within scope, approach, costs, time frames, risks, etc, with the goal to develop long term business advantage.
It's important to analyze the benefits per cost of an alternative approach, and quantify why the chosen approach is better than the competition and alternatives: For every innovation initiative, the management needs to ponder: What returns are you expecting? When do you expect them? What risk levels are you taking on? you should work closely with customers to articulate their important concerns; define the central point of innovation, and take the most compelling approach to address the needs; analyze the benefits per cost of that approach, and quantify why the chosen approach is better than the competition.
Scrutinize every expenditure and ask if it can be done more cost-effectively; leveraging demand-side analysis for getting high return on investment. By identifying and visually portraying these touch points of customer experiences, the knowledge held by others can be tapped in monetizing an innovation initiative’s benefits flows.
There is a need for actual work to be happening to understand the basics. It takes a realistic innovation approach by involving every line of people, processes, and resources to create differentiated value. It takes vision, empathy, and understanding of innovation effort set the right dose of risk appetite, improve risk intelligence, manage a balanced innovation portfolio with the right mix of breakthrough innovation and incremental innovation
It is important to define the most compelling and unique innovation approach in adding all critical pieces for accelerating validation of facts about business ideas: Business managers should look deeply into the future to navigate where to go and how to get there. Look uphill to identify the real problems that matter and on a scale that can make a difference. Often the multidimensional innovation lens provides them the better angle and broader perspective to build differentiated business competency, achieve differentiated value, and drive business transformation seamlessly.
Innovation management is an overarching discipline which needs to weave many key business factors into an innovation competency, and take a stepwise approach to achieve its business value. The desired outcome is to assess the employee's contribution at the different levels of the organizational hierarchy to fulfill tasks in line with the organizational innovation goals and unlock collective potential.
It's important to deploy organizational assets in combination and disentangle dynamic capabilities in clusters of processes and managerial orchestration: Innovation is a differentiated business capability, the business management should readily consider services, information, asset dimensions of the adequacy of the capability to fulfill their business goals. There are multiple perspectives of innovation capabilities. It’s important to gain insight into the condition and relationship or dependency of capabilities to improve innovation capability coherence. Fine-tune emerging technology, people, or process, reconfigure your organization for increasing its "variety" - the ability to match variety in the environment.
It is important to look at dynamic capability from a quite different perspective. In order to expedite innovation capability development, loose coupling makes it possible to adopt module design for integration and optimization, and improve organizational speed. To make wise investment on innovation capability development, describe business goals, scope, outcomes, technical capabilities within scope, approach, costs, time frames, risks, etc, with the goal to develop long term business advantage.
It's important to analyze the benefits per cost of an alternative approach, and quantify why the chosen approach is better than the competition and alternatives: For every innovation initiative, the management needs to ponder: What returns are you expecting? When do you expect them? What risk levels are you taking on? you should work closely with customers to articulate their important concerns; define the central point of innovation, and take the most compelling approach to address the needs; analyze the benefits per cost of that approach, and quantify why the chosen approach is better than the competition.
Scrutinize every expenditure and ask if it can be done more cost-effectively; leveraging demand-side analysis for getting high return on investment. By identifying and visually portraying these touch points of customer experiences, the knowledge held by others can be tapped in monetizing an innovation initiative’s benefits flows.
There is a need for actual work to be happening to understand the basics. It takes a realistic innovation approach by involving every line of people, processes, and resources to create differentiated value. It takes vision, empathy, and understanding of innovation effort set the right dose of risk appetite, improve risk intelligence, manage a balanced innovation portfolio with the right mix of breakthrough innovation and incremental innovation
0 comments:
Post a Comment