InnovationBreakthrough Chapter V Innovation Risk Management

Innovation management assessment and measurement is both art and science. The perception will come from the usage you're doing with metrics.Digital brings both unprecedented opportunities and risks to businesses today. Innovation becomes simply creating value by solving simple or complex problems. Innovation comes with a risk of failure; many say that innovation won’t happen without enough failures. Every innovation pursuit has a risk in it. Therefore,...

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Innovationbreakthrough Chapter IV: The Breakthrough Innovation Best Practices

Managing disruptive innovation demands insightful understanding, patience, persistence, and courage, among other things.Innovation is the core activity of human evolution to change the environment for making collective progress. In the business setting, innovation is what differentiates the leader from followers. Often, innovation is disruptive and risky. It’s no surprise to know that many organizations avoid risks, the immediate pressure from shareholders...

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Initiatescenariologic

If the scenario is well designed and executed, you have the highest probability of getting the best outcome in the state of knowledge accessible.We have a predisposition to seeking patterns, or potentially in the pursuit of logic. Logic is crucial, it is an interdisciplinary approach which involves cognitive science, sociology, culturology, psychology, philosophy, ecology, etc, to predict and prevent certain critical problems from happening. Even...

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Ripe Autumn

The full moon of –tonight makes us pondering-what a spectacular scene, a converged, harmonious whole world would be?The summer heat has not faded away yet,The golden Mid-Autumn Festival is already coming; The floral fragrance makes us delightful, Tonight’s sky was covered with – a layer of halo, Family gathering cures – our nostalgic feeling, Where will the brightest moon rise tonight? The imaginary moon is to – connect East and West; The silver...

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InnovationBreakthrough Introduction：Chapter 3 Business Model Innovation

Business modeling is the basic and key business system you need to design, test and validate, to keep companies viable.A business model is a description of the way in which an enterprise intends to make a profit. It’s an entire frame of elements that describe the intents and constraints of a business or organization. Business model innovation is often a breakthrough. Tuning business models is all about foreseeing and applying the emerging trends,...

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Innovationbreakthrough Chapter 2 Introduction: The Innovation Framework and Key Success Factors

 Innovation Management needs to establish a comprehensive framework to manage innovation in a systematic way. Innovation is not serendipity. Working in an innovation garden not only takes passion but also needs processes and hard work. A systematic innovation approach is to depict innovation as a system, rather than a traditional process. Innovation performance depends on the alignment of its various components such as people, process,...

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InnovationBreakthrough Book Introduction Chapter 1 Breakthrough Innovation Types

Breakthrough innovation is not something everyone can accomplish. You have to systematically develop the capability to execute it successfully, and that is something you do not accomplish overnight.Digital innovation is the right mix of art and science. The science of innovation is to take a structural approach with the logical steps. The art of innovation is that it involves new ways of bringing together ideas and resources to create something novel....

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