The world becomes more dynamic, innovation is for reinvention and renewal.
The multidimensional digital effects provide impressive advantages in terms of the business speed, the abundance of information, the quality of the digital workforce, and the high probability of innovation success.
Innovation & advancement: Innovation is not for its own sake, but for advancing humanity. Modern society is a dynamic continuum with collective human progress. To be truly creative, it's important to challenge the status quo, conventional wisdom, and outdated beliefs; innovators have the ability to think about the past, perceive what is now and foresee the future in pursuit of advancement. The most advanced thing in the world is an advanced mindset, the most advanced mind with great vision, not just perfectly following the rule; in fact, they can change the rules or co-create new rules to encourage creativity and make collective progress. There is a correlation between learning, innovating, and advancing. The advanced learning journey gets to the inflection point when you not only absorb knowledge, but also criticize old knowledge, co-create new knowledge, invent new concepts, and share a fresh perspective.
To identify a person’s potential, look for strong evidence of a desire to learn, grow and innovate. Real societal advancement is made through the work of forwarding-looking minds, with great vision, innovative ideas and strong disciplines. We are moving knowledge economy to creative economy when people are in the state of openness, innovativeness; when life is shifting from surviving to striving and thriving; when the world is catching up with the most advanced mindsets, stepping into the further-looking perspective, generating-implementing great ideas; fitting into the new digital dynamic, and integrating into upward movements consistently.
Innovation vs. efficiency: There are incremental innovation and radical innovation. Innovation is about experimenting, implementing great ideas to achieve commercial value; efficiency is about doing things right with minimum inputs and resources (do it right the first time). On the surface, it seems that efficiency and innovation are the opposite; as in many organizations, there is an emphasis on efficiency rather than innovation or creativity, in pursuit of operational stability. Overly focus on efficiency may easily screw up the seed of innovation which is not quite ready to be analyzed for its profit margin.
Efficiency and innovation have to learn to live and function together seamlessly. To think long-term, efficiency and innovation are complementary characteristics to improve organizational competency for the long run. If an organization is inefficient, it will be inefficient with new ideas implementation. Efficiency will extract the maximum benefit from a new idea. Process innovations will be concerned with increasing and optimizing efficiency and maintaining existing linkages. The greater the efficiency of an organization, the greater the need is for creativity to maintain high performance in the long run. When the business management can
Innovation vs. discipline: Innovation is not serendipity, but a process to manage innovation in a structural way. Applying discipline to innovation is to better align innovation management with strategy, to justify the initial investment in building a balanced innovation portfolio with both breakthrough innovation and incremental innovation. Innovation management should set principles to cultivate a culture of change and creativity, develop the best and next practice in idea management and process management, and evaluate innovation performance effectively.
Innovation becomes more complex due to abundant information and fierce competition. Applying discipline to innovation is to figure out how to manage innovation in a structural way. It is important to note that within the organizations, innovation is rarely an individual action; rather it is a team effort, often across multiple organizational silos or geographical/industrial boundaries. You need to manage innovation in a structural way via a good alignment of innovators, the disruptive technologies, and rigorous, but not rigid processes.
The world becomes more dynamic, innovation is for reinvention and renewal; it is equivalent to sustainability and resilience for an increasing number of hyper-connected enterprises and industries. Innovation is a managed process with a strategy as a constraint, to stay focused on building the innovation capacity of the business, unlocking a new market or revenue stream.
Innovation & advancement: Innovation is not for its own sake, but for advancing humanity. Modern society is a dynamic continuum with collective human progress. To be truly creative, it's important to challenge the status quo, conventional wisdom, and outdated beliefs; innovators have the ability to think about the past, perceive what is now and foresee the future in pursuit of advancement. The most advanced thing in the world is an advanced mindset, the most advanced mind with great vision, not just perfectly following the rule; in fact, they can change the rules or co-create new rules to encourage creativity and make collective progress. There is a correlation between learning, innovating, and advancing. The advanced learning journey gets to the inflection point when you not only absorb knowledge, but also criticize old knowledge, co-create new knowledge, invent new concepts, and share a fresh perspective.
To identify a person’s potential, look for strong evidence of a desire to learn, grow and innovate. Real societal advancement is made through the work of forwarding-looking minds, with great vision, innovative ideas and strong disciplines. We are moving knowledge economy to creative economy when people are in the state of openness, innovativeness; when life is shifting from surviving to striving and thriving; when the world is catching up with the most advanced mindsets, stepping into the further-looking perspective, generating-implementing great ideas; fitting into the new digital dynamic, and integrating into upward movements consistently.
Innovation vs. efficiency: There are incremental innovation and radical innovation. Innovation is about experimenting, implementing great ideas to achieve commercial value; efficiency is about doing things right with minimum inputs and resources (do it right the first time). On the surface, it seems that efficiency and innovation are the opposite; as in many organizations, there is an emphasis on efficiency rather than innovation or creativity, in pursuit of operational stability. Overly focus on efficiency may easily screw up the seed of innovation which is not quite ready to be analyzed for its profit margin.
Efficiency and innovation have to learn to live and function together seamlessly. To think long-term, efficiency and innovation are complementary characteristics to improve organizational competency for the long run. If an organization is inefficient, it will be inefficient with new ideas implementation. Efficiency will extract the maximum benefit from a new idea. Process innovations will be concerned with increasing and optimizing efficiency and maintaining existing linkages. The greater the efficiency of an organization, the greater the need is for creativity to maintain high performance in the long run. When the business management can
Innovation becomes more complex due to abundant information and fierce competition. Applying discipline to innovation is to figure out how to manage innovation in a structural way. It is important to note that within the organizations, innovation is rarely an individual action; rather it is a team effort, often across multiple organizational silos or geographical/industrial boundaries. You need to manage innovation in a structural way via a good alignment of innovators, the disruptive technologies, and rigorous, but not rigid processes.
The world becomes more dynamic, innovation is for reinvention and renewal; it is equivalent to sustainability and resilience for an increasing number of hyper-connected enterprises and industries. Innovation is a managed process with a strategy as a constraint, to stay focused on building the innovation capacity of the business, unlocking a new market or revenue stream.
2 comments:
Thanks for sharing a informative blogs keep updating.
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