Tuesday, October 16, 2018

The Monthly Digital Practices Summary: The Practices to Enforce Innovation Oct. 2018

At the heart of innovation is the lifecycle of idea generation, interaction, selection, and learning. 

The business practice is always a combination of people and how they are used to doing things based on the set of principles and standards for adapting to changes in the business or technology shift. Besides building a set of principles to follow, it’s also important to develop a series of best/next practice to scale up and amplify digital effects.


The Practices to Enforce Innovation

How to Develop the Digital Innovation Scenario? With the overwhelming growth of information and continuous changes and disruptions, organizations just have to get used to the new normal and learn how to deal with them proactively. To stay competitive, innovation becomes the light every organization is chasing to overcome the challenges. However, innovation is overused and misused by many, obsessively filling all presentations. Sometimes innovation has even become a buzzword to the point that those who truly understand it cannot get the real message out through the "hype" and truly implement innovative changes. To develop innovation as the differentiated competency, companies must go beyond experimenting with innovation and commit to taking a systematic scenario to explore innovation in its digital ecosystem for achieving high-value business results.

Five Practices to Enforce Enterprise Innovation and Change: In the rapidly evolving businesses and economic systems, the creation of new innovations is very complex but critical for firms' survival and thriving. The essence of innovation is made of trying the new combination of known things to create new stuff and figure out the better way to do things. Organizations should develop a healthy working environment to encourage idea sharing, enable cross-functional communication, and take a scientific approach to crack innovation serendipity code for achieving digital innovation premium. Here are five digital practices to enforce enterprise innovation and change.

CIOs as “Chief Innovation Officer”: What are Your Innovation Leadership Digital Principles & Practices? Innovation is the management process to transform novel ideas to achieve their business value. At the heart of innovation is the lifecycle of idea generation, interaction, selection, and learning. Due to the fact that innovating in today’s digital world has become increasingly complex in nature, organizations can no longer rely on a single individual or team to drive innovation. Innovation management requires much deeper whole systems and taking emergent, generative, iterative, integrative, and holistic approaches. Information is one of the most time-intensive pieces of innovation puzzle and technology is the disruptive force behind digital innovation. CIOs as “Chief Innovation Officer”: What are your innovation leadership digital principles and practices?

Tuning Soft Elements in Innovation Management? Creativity is, by nature, unique to each person, it is an innate process to create novel ideas. Innovation is to manage novel ideas and generating business value from them. There is no template which you can apply and suddenly have a creative workforce. It has to be done slowly, patiently, and individually. That is why so many companies won't do it. There are both hard elements such as framework, processes or tools as well as soft elements woven together to orchestrate an innovation symphony. Here are three soft elements in innovation management.

How to Walk the Innovation Talk Effortlessly: Digital is the era of innovation. Nowadays, many people and organizations are talking about innovation, but very few practice creativity persistently and manage innovation effectively, with the ability to walk the innovation talk effortlessly. There is innovation friction existing and change fatigue block the way. Once people get into a routine at work, they typically get stuck at the “We always do things like that” mentality, and they do not like to hear about how things could be done differently to make the work more productive, and innovative, or finding the better way to solve either the old or existing problems. So, digital business leaders today should learn how to walk the innovation talk and manage innovation in a structural way.?

The “Future of CIO” Blog has reached 2.5 million page views with about #5000th blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.


Post a Comment