Tuesday, April 25, 2023

Innovation

Innovation only exists in the more open environments that create insights, take advantage of all sources of creativity in an open way and leap innovation management to the next level.

Within abundant information and emergent digital technologies, Information technology is a key component of holistic business mindset to re-imagine “what is possible” - unleashing business potentials and improving business efficiency, effectiveness, agility, and maturity. 

The “art of possible” to reinvent business in the digital age is to deliver the value of information in helping businesses grow, delight customers and do more with innovation.

        Innovation


Innovation Business ecosystem is dynamic with abundant information growth; the future of organization needs to be instant-on, open to new knowledge, harness innovation, enforce agility, exhibit the willingness and ability to learn and grow; being connectwise to discern the trends from fads, build up a positive emotional climate, seek business goals before taking initiatives, shift focus from inside-out operation-driven to outside-in customer oriented, and foster innovation.

Innovation ii Innovation is the process through which you grow and evolve something to something better for generating something novel and creating higher value, mostly based on a combination or modification of previous attributes/approaches. To start the next cycle of innovation management, organizations have to learn from experimenting, amplify the best practices, cultivate an innovative climate, and build a solid innovation portfolio to improve the innovation management success rate.

Innovativenavigation In a world that has been transformed by technology, the enterprise platforms blur the functional, business, and even industrial territories, and makes it more convenient to run the business as a holistic organization, instead of the sum of the pieces. Navigation is actually the synthetic competency integrated by a couple of important capabilities such as strategic reasoning, forecasting, encompassing, guiding, steering the organization in the right direction.

Innovationlogic Business models describe, as a functional system, how the pieces of a business fit together to create customers and generate value. Dealing with that “VUCA” reality is a strategic work; every enterprise runs into competitors; sooner or later, it is usually sooner due to increasing changes and frequent disruptions. So the essence of a business model is some source of value that represents a competitive advantage.

Innovation Innovation is about transforming novel ideas to achieve its business value; it is the means to the end. The evolution of innovation only exists in the more open environments that create insights, take advantage of all sources of creativity in an open way and leap innovation management to the next level.

The blog is a dynamic book flowing with your thoughts; growing through your dedication; sharing your knowledge; conveying your wisdom, and making an influence through touching the hearts and connecting minds across the globe. The “Future of CIO” Blog has reached 15 million page views with 10800+ blog postings. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. Blogging is not about writing, but about thinking and innovating new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.

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