The ultimate innovation isn't what you do; it's what you deliver for results to delight customers, and how being innovative becomes the state of mind and core differentiator of the business.
Therefore, innovation management becomes more complex and volatile. It's important to fine tune various parameters, connect relevant dots to improve innovation performance.
Innovation & penetration: Due to the pervasive technology and information penetration, businesses today not just use information technology as a digital extension, but leverage it across the company to spot great opportunities for business growth, innovation, and maximize the business value. Thus, limited hierarchy works best in a creative environment in which the free flow of information permeates across the business ecosystem, nurtures ideas and enforces vertical penetration for idea implementation.
More often than not, innovation is a multi-disciplinary effort. To nurture innovative climate, cross-functional communication, vertical and horizontal penetration, and social engagement are the new normal in the effective digital workplace. Many of today’s problems are complex, the insight of the situation requires in-depth understanding and collective wisdom. The business management leverages enterprise collaboration platforms and tools to enable knowledge sharing, overcome common challenges innovatively. The more complex the situation is, the more information is permeated across the boundaries, the more different approaches and role gaming is needed to reach for understanding, build compelling teams with complementary skills to solve the issues effortlessly.
Innovation & visualization: Seeing is believing. There are both visible and invisible factors in innovation management. Visualization of refined date-information, organizational structure hierarchy, talent & expertise inspires imagination and enforces insightful communication. Business leaders today need to envision and share their perspectives on innovation or the large scale of business transformation with vast stakeholders of the companies, leverage their “sense and sensitivity” to visualize key elements by looking forward, looking underneath, and being proactively looking for opportunities to innovate, redesign organizational structure and reinvent business continually.
Technically, either analyzing data or invisible business culture, it is important to develop visualization methods which can leverage multi-factors in discovering patterns or hidden meanings, see the gaps between object relationships and map these into the future, in order to bridge differences, and catalyze innovation efforts. Forethoughtful business leaders and professionals develop visual thinking skills to see object-relationships morphing through space-time, providing a pathway into process/structure optimization, to achieving visibility of changes.
Innovation & differentiation: Innovation differentiates business leaders from laggards; the differentiation provided by abundant information and innovative technologies allows companies to reach the "long-tail" customer that previously was impossible or uneconomic. A set of differentiated capabilities such as innovation capability enable the business to shape strategic differences and build business advantage. In differentiation, it is probably more to do with the branding, qualification, and reputation.
Innovation involves new ways of bringing together ideas and resources to create something novel and differentiate the organization from competitors. Innovation is what leads to differentiation. Differentiation is not the end game, value creation, and forward vision are. A strategically competent organization has a deliberately close alignment among the company’s strategic direction and most distinctive capabilities, to harness innovation and create business synergies.
Innovation is the most desired change. Innovation is not only externally oriented, relative to markets, customers, emerging trends, etc, with breakthrough potentiality; but can also be focused on incremental improvement on the operations side within a firm as well as industry structure The ultimate innovation isn't what you do; it's what you deliver for results to delight customers, and how being innovative becomes the state of mind and core differentiator of the business.
Innovation & penetration: Due to the pervasive technology and information penetration, businesses today not just use information technology as a digital extension, but leverage it across the company to spot great opportunities for business growth, innovation, and maximize the business value. Thus, limited hierarchy works best in a creative environment in which the free flow of information permeates across the business ecosystem, nurtures ideas and enforces vertical penetration for idea implementation.
More often than not, innovation is a multi-disciplinary effort. To nurture innovative climate, cross-functional communication, vertical and horizontal penetration, and social engagement are the new normal in the effective digital workplace. Many of today’s problems are complex, the insight of the situation requires in-depth understanding and collective wisdom. The business management leverages enterprise collaboration platforms and tools to enable knowledge sharing, overcome common challenges innovatively. The more complex the situation is, the more information is permeated across the boundaries, the more different approaches and role gaming is needed to reach for understanding, build compelling teams with complementary skills to solve the issues effortlessly.
Innovation & visualization: Seeing is believing. There are both visible and invisible factors in innovation management. Visualization of refined date-information, organizational structure hierarchy, talent & expertise inspires imagination and enforces insightful communication. Business leaders today need to envision and share their perspectives on innovation or the large scale of business transformation with vast stakeholders of the companies, leverage their “sense and sensitivity” to visualize key elements by looking forward, looking underneath, and being proactively looking for opportunities to innovate, redesign organizational structure and reinvent business continually.
Technically, either analyzing data or invisible business culture, it is important to develop visualization methods which can leverage multi-factors in discovering patterns or hidden meanings, see the gaps between object relationships and map these into the future, in order to bridge differences, and catalyze innovation efforts. Forethoughtful business leaders and professionals develop visual thinking skills to see object-relationships morphing through space-time, providing a pathway into process/structure optimization, to achieving visibility of changes.
Innovation involves new ways of bringing together ideas and resources to create something novel and differentiate the organization from competitors. Innovation is what leads to differentiation. Differentiation is not the end game, value creation, and forward vision are. A strategically competent organization has a deliberately close alignment among the company’s strategic direction and most distinctive capabilities, to harness innovation and create business synergies.
Innovation is the most desired change. Innovation is not only externally oriented, relative to markets, customers, emerging trends, etc, with breakthrough potentiality; but can also be focused on incremental improvement on the operations side within a firm as well as industry structure The ultimate innovation isn't what you do; it's what you deliver for results to delight customers, and how being innovative becomes the state of mind and core differentiator of the business.
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