It is about discovering the new path to take the adventure for exploring the new possibilities, better ways to do things, refine those raw gems into the differentiated advantage.
Innovation & adequacy: Innovation is the light organizations are pursuing. However, businesses have limited resources and innovation has low success rate, if not being managed adequately, the businesses may get distracted from strategy management. To keep capability relevant and adequate, it’s important to set up priorities for innovation management, divest non-core capabilities, and free up resources that can be used to deepen core capabilities in order to build sustainable business competency for the long run.
Innovation is not serendipity, but a process that can be managed and a unique business competency. By applying a capability view, the business management readily considers people, process, information, asset, culture, products/service/solutions etc, dimensions of the adequacy of the capability to build their innovation competency. This is accomplished by developing the high-level requirements with main purposes to improve the overall business maturity. Top executives need to take a strategic perspective and identify the capability patterns of the company, make the risk profile of the enterprise performance deficiencies, evaluate resource, talent, process, prioritize right, assess the adequacy of capabilities to innovate, and improve the success rate of innovation strategy.
Innovation & Pulse: Abundant information and rapid change bring unprecedented opportunities for businesses to innovate and lift up to the next cycle of growth. In an organizational context, this can be very complex. Metaphorically, the organization’s information pulse is like the “heartbeat” of the business, to ensure information management can deliver accurate, authentic and on-time information to generate fresh insight or great ideas, and build the long term differentiated business advantages.
It’s important to develop the process of a corporate management pulse that identifies where the pulse and commitment of the organization lies, who embodies it, who is willing? Who is motivated out of fear? Who can continue generating fresh ideas? Who are able to implement ideas to generate commercial values. Monitoring the innovation pulse of an organization is to help the leadership team make an objective assessment of the business’s innovation capability; and read the organization’s cultural expression, keep the enterprise body circling well, energetic and healthy. The goal is to build a working environment in which creative thinking and experimenting are encouraged, the compelling teams can innovate and deliver impressive results continually.
brainstorming, translating the innovative idea into tangible business results. Brainstorming is the “creative momentum” that continually ignites our passions, stimulates the creative side of our brains to spark fresh ideas with our own personal experience and appreciation. The conditional to being innovative is being real; if this is authentic, something we embody, we aspire to be, and move from within and go beyond.
There is no growth without change, and innovation is the most desired change. The “art of possible” is phenomenal. Change can be an opportunity, but at the end of the day, it needs to be all about moving us upward. Belief & tenacity are essential to keep the “creative momentum” uplifting. Motivation is the "cognitive momentum" that comes from consistently applying the habits congruent with the achievement of the goal. The purpose of innovation is the greatest motivator; a deep desire to make the world a better place and fueled by a sense of gratitude and responsibility that compels you to stay committed. Without innovation, without human progress.
Creativity becomes significantly important in the age with the advanced technologies and exponential growth of information. Innovation nowadays more often is driven by pulling the power of people, process, and technology, to not only make progressive or breakthrough products, services or business models, but also enforce creative leadership, communication and culture. The leaders of the future should continue to discover, explore, and improve the surroundings. It is about discovering the new path to take the adventure for exploring the new possibilities, better ways to do things, refine those raw gems into the differentiated advantage.
Creativity becomes significantly important in the age with the advanced technologies and exponential growth of information. Innovation nowadays more often is driven by pulling the power of people, process, and technology, to not only make progressive or breakthrough products, services or business models, but also enforce creative leadership, communication and culture. The leaders of the future should continue to discover, explore, and improve the surroundings. It is about discovering the new path to take the adventure for exploring the new possibilities, better ways to do things, refine those raw gems into the differentiated advantage.
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