Saturday, June 8, 2019

The Monthly “Digital Gaps” Book Tuning: Close Innovation Gaps June 2019

Many think that digitalization enlarges thinking and innovation gaps because different individuals, functions, and organizations evolve change and ride the learning curve with varying speed.

"Digital Gaps -Bridging Multiple Gaps to Run Cohesive Business” is a guidebook to help digital leaders and professionals today identify, analyze, and mind multiple gaps with the multidisciplinary insight and holistic understanding. Today’s digital organization simply just can’t stand still., bridging the 'gap of opportunity' between where you are and want to become is a welcomed challenge, it is important to identify and strengthen the weakest link and take a stepwise approach to make a leap of digital transformation.

Close Innovation Gaps

Innovation Gaps: How to Fill Them? There are many forms of innovation - technology, application, product, design, business model, process, communication, or customer experience, etc; there’re also many ‘flavors’ of innovations, systematic innovation, customer-centric innovation, open innovation, design-driven innovation, or management innovation., etc, but fundamentally, what are the innovation gaps, the gap differentiation helps delineate the problems and opportunities for innovation, and through identifying such gaps, business can manage innovation portfolio more effectively.

Closing Three Gaps to Run an Innovative IT
Digital CIOs have many personas indicated in the “I” of the CIO title, “Chief Innovation Officer” is one of the most pertinent roles they need to fulfill, Because more often than not, technology is the disruptive force of innovation, and information is the very clue about developing the next and best products or service, as well as delighting customers. A great CIO with their finger on the pulse of technological advancement or information insight can provide many ideas on how new technology and abundance of information can create fresh new opportunities. The point is: What are innovation gaps organizations need to bridge, how can a CIO build a solid innovation agenda, and play such a digital role more effectively?

Minding Innovation Gaps in the BoardRoom With today's emphasis on innovation per se and its importance to corporate survival, it is common knowledge that innovation management requires the highest risk-taking at a strategic value chain; including organization, investments, and assets. The board can contribute to both innovation management and management innovation. Innovation governance at the board level is critical to improving the overall innovation management success.

Five Roadblocks Enlarge Innovation Gaps
In the rapidly evolving businesses and economic systems, innovation in the digital era is coming at a seemly much faster pace, it is critical for firms' survival and thriving. Innovation management also becomes very complex, actually many think that digitalization enlarges thinking and innovation gaps because different individuals, functions, and organizations evolve change and ride learning curve with varying speed. Nowadays, innovation is perhaps the only way of applying creativity systematically in real life and running the business to win over competitions. Here are five roadblocks enlarge innovation gaps.

How to Bridge the Innovation Execution Gap Although innovation is at every forward-looking organization’s agenda, there are at least two gaps existing in innovation management: idea gap and execution gap. More often than not, companies seem to continue to have more ideas than execution expertise. If you have an idea, you gain only if you have the right methodology to implement the idea. However, there’re gaps between innovation strategy and innovation execution, how to mind it?

The “Future of CIO” Blog has reached 3 million page views with about #5700th 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.


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