Friday, June 30, 2023

Innovation

The innovation management tone should be well set, the talent in charge have brought in an innovation strategy, and with the collective knowledge of the company, it’s likely you can accelerate innovation.

The organization is faster, always “on,” highly connected and super competitive. The real challenge is to understand where and how you can and should improve to get the biggest effect and scale-up across the ecosystem model. 

It is strategically imperative that people are willing to seek out help, refresh knowledge, break down boundaries, harness cross-disciplinary interactions and cross-functional communication, with the ultimate goal to push human societies forward.

Being innovative has critical thinking embedded; real critical thinkers can see around the corner or underneath the superficial layer, apply multidimensional understanding to make sound judgment: Critical thinking needs to combine different thought processes to gather a mass of information, break it apart and reconstruct with a level of accuracy projecting futuristic events, numbers, etc. It is an integrated thought process to make judgment via a broadened lens, looking at another belief from a little less emotional perspective.

Real critical thinkers understand there are different opinions or they are making a mistake. If they uncritically accept the information being received or knowledge being taught, many of them are out of date, they are not a great critical thinker, and keep making ineffective decisions unfortunately.

Real innovative organizations are inclusive, generate novel ideas constantly: Digital dynamic creates many blind spots and generates quite a few gaps because of its “VUCA” characteristics - Velocity, Uncertainty, Complexity, and Ambiguity. It’s always important to bear the opposite, synthesize massive amounts of information, and hold information flow without getting lost on tangents. Furthermore, no vision and strategy will ever be successful without the input from all staff in the total company.

The homogeneous team setting will make team members more vulnerable to peer pressure, risk avoidance, making biased decisions and sticking to the comfort zone. Focusing on diversity will force people to confront new ideas, new territories and possibly embrace a new concept that they may have never imagined. So organizations are able to become more inclusive and solve problems innovatively.

Innovators are truth-seeking, willing to see the other side of the coin, change their point of views if needed and are accountable for their actions: In modern socially responsible places, it isn't just about what you have achieved, but also about how you have achieved it. Great leaders can inspire, provoke, empower, and enable talent growth, provide direction when needed & give others time, space & freedom to create. They are truth-seekers, willing to change their views, and are accountable for their actions. Furthermore, they are robust and judicious in pushing down barriers to achieve the best possible effects.

It is good to see more awareness is happening about defining the purpose and engagement. Without purpose, engagement is not possible. The innovation collaboration teams embraced multiple disciplines, and understood how systems work, and this yielded competitive advantage. Furthermore, organizations like to provide a career path for employees - but how do you ensure fresh ideas are continually implemented within organizations.

Innovative leaders can bring optimism to influence the organization’s culture, break down the negative thinking box, and linear knowledge: In the digital age, the crowd-sourcing or brainstorming is happening in real time with people and plays spontaneous networks of human and business operational concerns. Innovative leaders often have balanced viewpoints to embrace diverse ideas, and select the best of the best for implementing.

Good doesn’t get in the way of greatness because change includes risk, if executives don't have the courage to take the risks for the betterment of the corporation. Innovative leaders can perceive success and failure objectively, such mental toughness will help an organization become more resilient and risk-intelligent, master intrapreneurship and accelerate performance.

Organization is dynamic and complex, the degree of business responsiveness depends on how organizational subsystems interact with each other, So, without management innovation, companies tend to renovate rather than innovate. The innovation management tone should be well set, the talent in charge have brought in an innovation strategy, and with the collective knowledge of the company, it’s likely you can accelerate innovation.


1 comments:

The OnePlus 9 Pro unlocked is a powerhouse device with top-notch performance and a stunning display. Its freedom to choose carriers makes it a must-have for tech enthusiasts seeking an exceptional smartphone experience

Post a Comment