Friday, January 4, 2019

The Monthly “Unpuzzling Innovation” Book Tuning: The Digital Forces of Innovation Jan. 2019

Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Digital Master refers to those high-performing, highly innovative and high-mature (less than 15%) digital organizations; at the individual level, Digital Masters are those cross-generational digital professionals who are equipped with the advanced digital minds and build a unique set of digital capabilities. Talking about innovation is not new nowadays, everybody, every organization now is talking about innovation. It's been at or near the top of the business or economics agenda for a long time. However, there are a lot of confusions about innovation and there is no magic sauce to guarantee its success. Innovation is not serendipity, but a discipline.

                The Digital Forces of Innovation

Five Forces of Digital Innovation? The emergence of potential opportunities for exploring digitization is likely to follow a nonlinear pattern as the pervasiveness of an organization's digitization journey increases. Change at the digital age is coming at seemly a much faster pace, more potential disruptions, with a broader scope, scale, and impact on the business’s surviving and thriving. Winning the digital dynamic means engaging creative thinking, enforcing cross-functional collaborations, building unique business competencies such as innovation. Innovation is essentially an intentional novelty bringing sustainable benefit. Here are five forces of digital innovation.

Anticipation and Innovation Digital is the age of people and innovation. An essential aspect of creativity, both at the individual or group level, is the ability to challenge assumptions, conclusions, and beliefs, to discover the new path, and experiment the better way to do things. Innovation is change, the human element of change entails a people-centric approach to management style. Thus, empowering the workforce to embrace and anticipate change is a most effective, efficient and result-oriented management in organizations.

The Organizational Structure Innovation Digital transformation is the scalable expansion toward multiple directions. The organization should keep tuning its structure and process to become more adaptable. There are different theories of organizational structure innovation and the format of future of the organization etc. The whole point is how to build a more creative and productive working environment in which the employees’ potential can be unleashed, and business as a whole is superior to the sum of pieces.

The Tao of Developing the Scale of Innovativeness? Innovation is what leads to differentiation. It is largely due to the fact that innovation in the digital dynamic has become increasingly complex in nature and expands its horizon for impact. It doesn’t mean though innovation management should always be complicated. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. How to apply the principles of Tao to develop the scale of innovativeness?

The Innovation Curveball?
Digital is the age of innovation. Organizations starve for creativity. Creativity is the potential which can be unlocked and innovation is the serendipity which can be unpuzzled. Innovation comes from different shapes and through different sources. The curveball implies particularly tough issues or big obstacles, named after equally tricky baseball pitch, to introduce something unexpected or require a quick reaction or correction. Innovation curveball is the reality, how to play it well?

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