The pace of change is significantly increasing, innovation is the only path and the core activity of human evolution to changing the environment for unlocking business performance, profit, resource optimization, and customer satisfaction, etc.
The big “why” clarity about innovation helps to understand the noble business purpose behind innovation efforts. Forward-looking companies gain the knowledge of evident customer needs, develop innovative products or services to delight them.
Innovation & assumption: Organizations across industries are facing unprecedented uncertainty and complexity, nothing is certain with the rapid knowledge flow, you have to make assumptions or “forecasts” to deal with emergent innovation opportunities and avoid risks. So you have to collect enough information, listen to different point of views, and sometimes it can be very worthwhile to spend more time on solving problems innovatively. The good assumptions are based on multidimensional thinking and knowledge-based perception and forecasting. You may find an insight you didn't find before, generate fresh ideas and catalyze innovation.
Do not always follow the conventional wisdom or preconceived opinions. In highly innovative organizations, people are encouraged to challenge old assumptions, embrace different perspectives, update knowledge, and apply different ways to solve problems. People might never have complete information for decision-making; and sometimes, they need to leverage their gut feeling, make assumptions if making sense, have the right dose of risk appetite to innovation, and be wiser to avoid the same or worst mistake if possible.
Innovation & paradoxes: With “VUCA” new normal, there are many concepts that seem to be opposite, indeed, they are complementary, such as simplicity vs. complexity; innovation vs. standardization; individualism vs. collectivism; paradoxes are conflicting choices or conditions that demand equal attention. Paradoxes spur innovation because it helps people see things from different viewpoints, connect the wider dots even if they are opposite in order to generate fresh ideas and catalyze innovation.
Paradoxical logic stimulates creative intelligence. Interdisciplinarity and paradox are the rare dots that need to be connected to the next level of innovation. In practice, the paradox fluency is about the balance of asking and answering; inducting & deducting, analyzing & synthesizing, etc. You don’t need to agree completely with the other side's viewpoint, but you can always gain empathy, insight to see things from the other angle, and have an open mind for gaining updated information to spur creativity, apply an interdisciplinary management approach with paradoxical logic to improve autonomy and catalyze innovation.
Innovation & implication: Innovation investment and management are crucial for the business’s future success. Organizations and their people learn through their interactions with the environment. They act, observe the consequences of their action, make inferences about those consequences, and draw implications for future action. The innovative companies continuously invest in their team’s skills, balance control and autonomy, define innovation performance indicators which take into consideration the possible implication on creating unique business value.
Each organization or team is different, so innovation processes cannot be fully preplanned. Keep alert, a once of innovation theory and a set of innovation practices are both needed to improve innovation management effectiveness. Great ideas that work great in the context of a lab, but it can't be reproduced in "the wild." There are theories and ideas that, when presented well, can inspire, but get no traction in the application. How many breathless science articles come out filled with the implications and possibilities of a certain new technological breakthrough, but we haven’t yet realized these possibilities. It’s important to keep learning agile, being able to foster a workplace that thrives on collaboration, social interaction and forward thinking for building innovation competency.
The pace of change is significantly increasing, innovation is the only path and the core activity of human evolution to changing the environment for unlocking business performance, profit, resource optimization, and customer satisfaction, etc. Highly innovative enterprises proactively develop the information-savvy and resource-rich innovation hubs and hyper-connected digital clusters across enterprise ecosystems for enabling idea flow and creating synergy to growth, making knowledge alignment to enhance collective learning and enforce collective creativity.
Innovation & assumption: Organizations across industries are facing unprecedented uncertainty and complexity, nothing is certain with the rapid knowledge flow, you have to make assumptions or “forecasts” to deal with emergent innovation opportunities and avoid risks. So you have to collect enough information, listen to different point of views, and sometimes it can be very worthwhile to spend more time on solving problems innovatively. The good assumptions are based on multidimensional thinking and knowledge-based perception and forecasting. You may find an insight you didn't find before, generate fresh ideas and catalyze innovation.
Do not always follow the conventional wisdom or preconceived opinions. In highly innovative organizations, people are encouraged to challenge old assumptions, embrace different perspectives, update knowledge, and apply different ways to solve problems. People might never have complete information for decision-making; and sometimes, they need to leverage their gut feeling, make assumptions if making sense, have the right dose of risk appetite to innovation, and be wiser to avoid the same or worst mistake if possible.
Innovation & paradoxes: With “VUCA” new normal, there are many concepts that seem to be opposite, indeed, they are complementary, such as simplicity vs. complexity; innovation vs. standardization; individualism vs. collectivism; paradoxes are conflicting choices or conditions that demand equal attention. Paradoxes spur innovation because it helps people see things from different viewpoints, connect the wider dots even if they are opposite in order to generate fresh ideas and catalyze innovation.
Paradoxical logic stimulates creative intelligence. Interdisciplinarity and paradox are the rare dots that need to be connected to the next level of innovation. In practice, the paradox fluency is about the balance of asking and answering; inducting & deducting, analyzing & synthesizing, etc. You don’t need to agree completely with the other side's viewpoint, but you can always gain empathy, insight to see things from the other angle, and have an open mind for gaining updated information to spur creativity, apply an interdisciplinary management approach with paradoxical logic to improve autonomy and catalyze innovation.
Innovation & implication: Innovation investment and management are crucial for the business’s future success. Organizations and their people learn through their interactions with the environment. They act, observe the consequences of their action, make inferences about those consequences, and draw implications for future action. The innovative companies continuously invest in their team’s skills, balance control and autonomy, define innovation performance indicators which take into consideration the possible implication on creating unique business value.
Each organization or team is different, so innovation processes cannot be fully preplanned. Keep alert, a once of innovation theory and a set of innovation practices are both needed to improve innovation management effectiveness. Great ideas that work great in the context of a lab, but it can't be reproduced in "the wild." There are theories and ideas that, when presented well, can inspire, but get no traction in the application. How many breathless science articles come out filled with the implications and possibilities of a certain new technological breakthrough, but we haven’t yet realized these possibilities. It’s important to keep learning agile, being able to foster a workplace that thrives on collaboration, social interaction and forward thinking for building innovation competency.
The pace of change is significantly increasing, innovation is the only path and the core activity of human evolution to changing the environment for unlocking business performance, profit, resource optimization, and customer satisfaction, etc. Highly innovative enterprises proactively develop the information-savvy and resource-rich innovation hubs and hyper-connected digital clusters across enterprise ecosystems for enabling idea flow and creating synergy to growth, making knowledge alignment to enhance collective learning and enforce collective creativity.
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