Initiatives

 Innovative organizations build a healthy working environment to encourage idea brainstorming, knowledge sharing, and leverage effective information/knowledge/process management for improving innovation effectiveness.

Organizations are at the stage of experimenting digital, exploring the new opportunities to grow business and figuring out better ways to do things. With high velocity and continuous disruptions, building an innovative organization or society is not an overnight phenomenon, but a long-term planning and dedicated effort. It is a journey to architect and build an interactive and innovative society in which people are able to deal with increased innovation intensity and drive transformative change effortlessly.

 

It’s important to create space for open dialogues and brainstorming, developing a common understanding of innovation effort: Innovation starts with idea generation; brainstorming is a creativity technique by which a group of people can come up with alternative solutions to solve problems creatively. Communication, whether verbal or nonverbal, is the coordination mechanism that lubricates business relationships, and makes a group of people as a cohesive team to achieve more.

In practice, brainstorming can be made much more powerful with knowledge. Continuous brainstorming and open dialogues lead to a continuous innovation journey. Effective organizational mobilization addresses planning and culture, combining the structure and direction of top-down strategic planning with the pragmatism and wisdom of bottom-up insight. To break down silos and catalyze innovation, the constant dialogues initiated by top leaders is not the top-down one-way street; it should embrace creativity, context, enforce trust and accountability, harness innovation.

It's about being able to keep experimenting, exploring, learning the lessons, and creating the “art of possibilities”: Innovative organizations are in the state of introducing new business concepts, experimenting with something new, advocating design thinking, encouraging creativity and exploring better opportunities to pursue business growth. Experimenting usually means trying something that has never been done before. Innovation leaders help to rejuvenate a culture of creativity by inspiring people to step out of their comfort zone, become creatively disruptive and dare to be a misfit.

In order to create something fresh; blend different types of thought processes to see things differently for sparking creativity, lay out different structures, methodologies or practices, combine all that is available to them in an imaginative and adventurous way, to reach the “art of possible.”

It is important to integrate the innovation portfolio with the annual strategic planning process and financial investment model: Innovation strategy is a subcomponent of business strategy. Innovation portfolio management offers the extensive configurability to reflect the way you like to see the portfolio sliced and innovation initiatives worked.

Innovation program portfolio provides the links to innovation strategy alignment, initiation, requirements management, resource management, scenario planning, program management cycles, risk management. It analyzes "what if" situations showing potential scale of business benefit to be driven from the portfolio based on different mixes of innovation efforts. Leadership needs to be more inclusive, take the time to involve the organization in the innovation planning-implementation processes.

Innovative organizations build a healthy working environment to encourage idea brainstorming, knowledge sharing, and leverage effective information/knowledge/process management for improving innovation effectiveness. Forward-looking companies develop competitive talent and teams, refine organizational design and structure, take a broad range of perspectives on orchestrating transformative changes and leading innovation systematically.

Posted in: Innovation,Talent Master