Saturday, July 30, 2022

Innovationinquisitiveness

6:21 PM Pearl Zhu No comments

To awaken innovation in the well-established organization, business leaders and professionals should think as an intrapreneur and act as a startup manager.

Digital is the age of innovation. Innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation.

The purpose of the book “Innovation Breakthrough - Depict Innovation as a System“ is to develop tailored innovation frameworks, principles, methodologies, practices, and apply the emerging trends to manage breakthrough innovations successfully.

Innovation Inquisitiveness

InnovationinquiriesThe goal of innovation is about creating sustainable competitive advantages. It's common that many companies tend to focus more on their core competencies with age, often forgetting about the value of innovation. Creative problem-solving is about trying something “unusual”- the thing that has never been done before. Radical innovation starts with a problem, having no solution in the current situation. They are critical to build long term business advantage.

Inquisitivelogic As we live in the era with abundant knowledge and increasing pace of changes. The more we question, the more we know, we learn and thereafter we spread our learning, and solve problems effectively. Some questions seem paradoxical, some questions are circular, some questions are scientific, some questions are philosophical.

Initiateproblemsolvinginquiries The business ecosystem has become more complex and dynamic, interdependent and hyperconnected, problems become much more complex than ever. Problem-solving is a multi-stepped process that includes problem diagnosis, resolution, solution implementation, and improvement. The business management should determine why problems happened, how problems escalated, which areas of the organization were affected, and when the problems started.

Initiateinquiries With the high velocity and unprecedented uncertainty, in many circumstances, business leaders couldn’t predict the future with a certain degree of accuracy, they have to understand the hidden paradoxes, do in-depth cause-effect analysis, optimize complicated things or processes, and deal with the “VUCA” dynamic skillfully.

Inquisitiveness Curiosity is a human nature, inquisitiveness stimulates imagination; amplifies influence and accelerates improvement. Asking the right questions helps to validate how thorough and deep your thinking is on a particular issue: it can also assess whether they consider various different perspectives.