Monday, March 21, 2022

Innovation

The progress of the world is pushed forward by innovative leaders or professionals who are applying vision, expertise, and techniques, using broad and diverse skills to create the “art of possible.”


Innovation happens anywhere in an open environment, with ecosystem involvement. Innovation is the most desired change, never for its own sake, but to achieve business value. 

It’s important to help understand the noble business purpose behind innovation efforts, connect the right dots to generate novel ideas. The good or bad innovation would depend on the business’s attitude to drive innovation and its aptitude to manage innovation.



Innovation & nourishment:
Being innovative is a state of mind, being unconventional, breaking down silos, outdated mindset or traditions, Innovators demonstrate inquisitiveness, adaptability, consistency, and empathy to generate fresh ideas effortlessly. Great leaders nourish a culture of learning and creativity by listening, asking questions, dealing with conflict and giving or receiving feedback effectively. They encourage unconventional thinking, inspire creativity, and have the right dose of risk appetite to lead innovation successfully.

You can't build and nourish a culture of creativity without generating a conducive environment of trust. Nourishing a creative workplace and building trust is an ongoing and never-ending endeavor. Culture is not something that can be dictated and followed such as a new policy or rule from management. It has to permeate into the fluid digital business environment and needs to be nurtured via communication, collaboration, and healthy competition by mixing three important ingredients in a high-performance team such as passion, focus, and teamwork.

Innovation & skepticism: Innovation is to figure out alternative ways to solve problems. Being innovative means that you need to be positive and skeptical at the same time. Be skeptical about the conventional understanding of issues so that you examine everything before accepting it for the real truth or advising it to others. You think critically when you begin to focus and delineate the factors associated with the problem.

Creative people judge the world for themselves; they are skeptical of the best practices or conventional thinking as a sole path, but open with outside opinions. An outlier is a sort of being “skeptical” with a pair of scrutinized eyes, testing everything and only accepting that it is backed by reason and evidence. The constructive skepticism leads to creative problem-solving and innovative solutions, add proactive interactions no matter what the situation; eliminate stereotypical thinking, avoid group thinking and set the tone for building a culture of innovation.

Innovation & decomposition:
We no longer live in the world that runs in years, but one that runs in minutes. Business capabilities are a hierarchical decomposition of “what” the enterprise does, the business innovation capability map gives additional views that are seldom available in processes, etc; such as decomposing the key components of innovation competency, as well as how to integrate different components into differentiated innovation competency. Organizations need to take a systematic approach, investigate different paths, decompose critical business factors, integrate innovation competency to unlock performance.

Diversification, hyper-connectivity, nonlinearity, and interdependence, etc, are the very characteristics of the digital era. Customer centricity is the center of running an innovative organization. Knowledge Architecture decomposes the complexity of design work via effective partitioning. Design-driven innovation has been supported by cohesive business capabilities, fine-tuned processes and high-skilled talent teams with an open mind working in a creative business environment to provide personalized products or services for delighting customers with consistency.

The progress of the world is pushed forward by innovative leaders or professionals who are applying vision, expertise, and techniques, using broad and diverse skills to create the “art of possible.” It is necessary for the coherent use of various already known concepts and gradually opening up to the best and next practices for optimizing innovation processes and sharpening all crucial factors to improve innovation management success.

0 comments:

Post a Comment