You won’t feel satisfied until you’ve done everything you could do to make your organization innovative, resilient, and accountable as it could be, and walk through the tough journey of business innovation smoothly.
It is important to take a unique innovation approach or a mix of different approaches to addressing the needs and improving innovation success rate.
Innovation & process: Creativity and process seem different, creativity is about generating novel ideas flows, which is sometimes out of order, even chaotic to a certain level; while process is about managing flows from chaos structurally. Thus, there is the natural tension between defined innovation and processes, but still, innovation itself is a process that can be managed and improved. Innovation usually happens at the intersection of people and process, process and technology, customers and organizations. A loosely structured, circular process allows companies to connect with the various points of the spiral in different ways vertically or horizontally. Overly rigid processes with heavy logistics stifle innovation. An organization that has a lightweight process which allows creativity and innovation to flow, get protected and channeled will succeed more often than an organization that does not have such a process.
Effective innovation management requires a fit process as part of the holistic innovation system and people as a center of innovation. There are a variety of processes in innovation management such as idea generation/management process, design process, implementation process, innovation governance/risk management processes, as well as innovation performance evaluation processes. It’s important to make innovation processes as visible, company-wide, as possible, otherwise, silos generate redundancy, create frictions, and cause delay in innovation management significantly. It is critical to create an open space to keep ideas flowing; innovation processes could be very loose on purpose; but structural enough to transform ideas for achieving their commercial business values.
Innovation & capability: Innovation is a unique business capability which is underpinned by varying business elements such as people, process, culture, and technology. The level of innovation capability maturity directly impacts the growth potential of the organization. To develop innovation capability, every organization needs to develop tailored innovation principles, methodologies, practices and apply them wisely with the expertise to really add value and develop the organizational level innovation competency.
Assessing the innovation capability of any organization requires a systematic approach. If you want to build a highly innovative organization, besides hard processes and technologies, you should develop a culture of creativity because the evolution of innovation only exists in a more open environment that creates unique insight, and takes advantage of all sources of creativity in an open way. It’s important to balance the art and science that goes back and forth between innovation capability design and modeling in order to manage the capability development cycle successfully by managing a balanced innovation portfolio with a right mix of incremental innovations and breakthrough innovations.
Innovation & architecture: Innovation in many businesses today has broader scope and can be categorized into incremental innovation and radical innovation. It is complex, perhaps you need to navigate across knowledge domains, functional boundaries, geographical territories, or vertical industries. Business Architecture can be used as a collaboration instrument to create a decent innovation capability map for adapting to the changing environment and driving innovation systematically. The architectural framework helps to deal with the tension between standardization and innovation smoothly; addressing complexity, and technical remediation to enable innovation implementation effectiveness.
There are both tangible and intangible elements that need to be knitted into the unique innovation competency of the organization. There’s no “one size fits all” success formula for innovation management success. On the soft side, innovation management is more about culture and knowledge-management, business architecture is the body of knowledge, which has the influence power to advocate innovation in people's minds. Business architecture improves interdisciplinary discipline to blend art and science, leverage analogous communication and aesthetic themes to embrace new perspectives, invent innovative products/services, or alternative approaches to problem-solving.
We no longer live in the world that runs in years, but one that runs in minutes. A new paradigm arises out of fresh mindsets, updated knowledge, and new approach. You won’t feel satisfied until you’ve done everything you could do to make your organization innovative, resilient, and accountable as it could be, and walk through the tough journey of business innovation smoothly by building differentiated innovation competency.
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