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Innovation Strategy as an Effective Constraint Going digital is about break down the past and leading toward the future with a quantum leap. With rapid changes, the overwhelming growth of information, emerging technologies and dynamic markets, staying competitive means running a highly innovative business. Organizations are constantly morphing under pressure from the waves of creative destruction that keep business in innovation mode. Highly innovative organization leverages innovation strategy as an effective constraint to stay focus on building the innovation capacity of the business and unlocks a new market or revenue stream.
The Corporate Board’s Unbiased View The digital dynamic creates many blind spots and generates quite a lot of gaps due to its “VUCA” characteristics - velocity, uncertainty, complexity, and ambiguity. Thus, the directorship in forward-thinking organizations must have capabilities to advise and motivate, set the right leadership tone, and develop digital “mindsets.” To steer change confidently, Yin and Yang's balance needs to be considered in the boardroom in regards to shape the unbiased view for making strategic decisions and improving leadership maturity.
The Monthly Insight of Information Management: Information & Knowledge as Invaluable Business Asset July 2019 The aim of modern Information Management has often been described as getting the right information to the right person in the right format and medium at the right time, in order to make the right decisions. The value of information is qualitative, measurable, and defined uniquely by an organization.
Five Aspects of Innovation Management Maturity Innovation is the differentiated business capability enabling the organization to ride on emerging trends and beat down competitions effortlessly. How well the organization manages innovation is based on varying factors such as how effective of the allocation of resources; how efficient of the innovation process or lack thereof; how fast they can make decisions, how consistently they are able to deliver the business result; how much risk they can afford to take and how big is the innovation impact, etc. Here are five aspects of innovation management maturity.
Three Transitions to Run a High Mature, Self-Autonomous Organization Unpredictability, uncertainty, and the probability of surprising emergent properties bring both unprecedented opportunities and risks to organizations across industrial sectors today. There is no doubt that the business leaders today face a huge survival pressure to make some necessary transition from running a mechanical business spinning around to operate a high mature, self-autonomous digital organizations which can self-discover, self-adaptive, self-organize and self-renew.
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