Saturday, February 2, 2019

The Monthly “Unpuzzling Innovation” Book Tuning: Scale Innovation to the Next Level. Feb. 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. 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.
          

                 Scale Innovation to the Next Level


Tipping to Scale Digital Systematically? Digitalization implies the full-scale changes in the way businesses are conducted. It is important to understand that digital transformation is multifaceted. Digital management is responsible for designing, enabling, and enforcing a collaborative, innovative, intelligent, inspiring and inclusive working environment for engaging employees, delighting customers, and unlocking business performance. Leading organizations are able to identify the critical spot to scale up, and leverage the framework approach for reaching the next level of business growth and organizational maturity systematically.

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.

Three Aspects to Scale Digital Organizations’ digitalization is surely a transformation journey, it has to permeate into business vision, strategy, culture, communication, and processes. etc. It represents the next stage of business maturity which will improve how the enterprise works and interacts with its ecosystem. During the journey, there are many accumulated steps from doing digital to going digital to being digital. Here are three aspects to scale digitization and make a leap of digital transformation.

The Amplification of Innovation Effect? The definition of innovation is simple - to gain benefit by doing something different. Innovation has to result in something which leads us to a better state than where we are today. Digital innovation has a broader scope with a full-color spectrum. In the hyperconnected and interdependent digital ecosystem, innovation can happen anywhere, anytime, it expands both horizontally and vertically. How to amplify innovation effect to benefit the widest audience of the digital ecosystem though?

How to Develop a Comprehensive Innovation Framework? Innovation is not serendipity. Working in an innovation garden not only takes passion but also needs the process 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 (people, process, resources, actions, controls, measurement, etc.). Though there's no single structure that will work in every organization, the comprehensive innovation framework with all important enterprise components is the great tool to intensify innovation with focus and manage innovation in a structural way.

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