Friday, November 6, 2020

The Monthly “Unpuzzling Innovation” Book Tuning: Innovation Led Business Transformation Nov. 2020

Innovation happens when you change the game; you bring a different twist to what is currently established and perceived.

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.

           

 Innovation Led Business Transformation


Innovation-Led Digital Transformation Due to rapid change and continuous disruptions, companies have huge pressures to survive and thrive in today’s hyper competitive economic dynamic. To be a highly functional and adaptive organizational system, innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Fundamentally, innovation is all about figuring out the better way to solve problems and pursue truth. In the rapidly evolving business and economic systems, innovation management is very complex but critical for the firm’s survival and thriving. In fact, forward-thinking companies encourage “out-of-box” thinking and make innovation-led digital transformation proactively.

Harness Intrapreneurship to Make a Digital Leap Organizations no matter large or small, all face the unprecedented changes, uncertainty, and accelerated business dynamic. To keep well-established organizations energetic and innovative, intrapreneurship is about creating a new venture within established organizations to leverage the startup culture for catalyzing changes and inspiring creativity.

Introspective, Retrospective, and Techspective Innovation Innovation happens when you change the game; you bring a different twist to what is currently established and perceived. Innovation is about transforming novel ideas to achieve their business value. 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. Thus, digital innovation needs to lay out different mindsets, structures, processes, capabilities to unleash the potential. Here we introduce the introspective, retrospective, and techspective innovation.

Building Blocks to Bridge Digital Transformation from Here to There There are no changes for its own sake, including the large scale digital transformation. Transformation starts with the realization that where you currently no longer can deliver the business objectives and vision of success for your company and your shareholders. It’s important to determine what the future needs to look like, and what the transformation must look like. Does your strategy remain valid in the time it takes to actually transform? Can you clarify a clear vision and develop the necessary building blocks to bridge digital transformation from here to there?

Riding Above Innovation Curves to Reach the New Horizon of Digitalization? The definition of innovation is just so simple, to gain benefit by doing something different. The flashes of inspiration we now see in retrospect as groundbreaking inventions or innovations were driven by people not only far-sighted but determined to make their ideas succeed. At the organizational level, having innovation curve awareness means that innovation leaders need to understand that working in an innovation garden not only takes passion but also needs the process and hard work to rise above the learning curve by figuring out many “Hows,” in order to improve innovation success rate and reach the new horizon of digitalization.

The “Future of CIO” Blog has reached 3 million page views with about 7200+ 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; 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 your voice, deepen your digital footprints, and match your way to human progression.

"Unpuzzling Innovation" Amazon Order Link

"Unpuzzling Innovation" B&N Order Link

"Unpuzzling Innovation" iBook Order Link

"Unpuzzling Innovation" Book Slideshare Presentation

"Unpuzzling Innovation" Book Chapter 1 Innovation Classification

"Unpuzzling Innovation" Book Chapter 2 Innovation Principles

"Unpuzzling Innovation" Book Chapter 3 Digital Innovators

"Unpuzzling Innovation" Book Chapter 4 Connecting Innovation Dots

"Unpuzzling Innovation" Book Chapter 5 Digital Innovation Best & Next Practices

"Unpuzzling Innovation" Book Chapter 6 Innovation Paradox

"Unpuzzling Innovation" Book Chapter 7 Innovation Gaps and Pitfalls

"Unpuzzling Innovation" Book Chapter 8 Innovation Measurement

"Unpuzzling Innovation" Book Conclusion Mastering Innovation in a Structural Way

"Unpuzzling Innovation" Book Quotes Collection I

"Unpuzzling Innovation" Book Quotes Collection II

"Unpuzzling Innovation" Book Quotes Collection III




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