Innovation Breakthrough Chapters Review

The goals of innovation, especially breakthrough innovation, should focus on people and the long-term trends and business vision.

The purpose of “Breakthrough Innovation: Depict Innovation as a System“ is to share insight on how to take a systematic approach to depict breakthrough innovation as a system whose performance depends on the alignment of its various components (people, actions, controls, resources, etc.), develop tailored innovation frameworks, principles, methodologies, practices, and apply the emerging trends to manage breakthrough innovations successfully. 

Chapter 1 Breakthrough Innovation Types: The art of innovation is that it involves new ways of bringing together ideas and resources to create something novel. Breakthrough innovation is disruptive, with high returns and high risks. There are many areas within a company where innovation processes can be applied to create value, from product innovation to service innovation, from process innovation to business model innovation, etc.

Chapter 2 Innovation Framework and Key Success Factors: Innovation is not serendipity. Working in an innovation garden not only takes passion but also needs processes and hard work. A systematic innovation approach is to depict innovation as a system, rather than a traditional process. Innovation performance depends on the alignment of its various components such as people, process, resources, actions, controls, or measurement, etc. 

Chapter 3 Business Model Innovation: A business model is a description of the way in which an enterprise intends to make a profit. It’s an entire frame of elements that describe the intents and constraints of an organization. Business model innovation is often breakthrough. Tuning business models is all about foreseeing and applying the emerging trends, that’s where you win the competitive advantage.

Chapter 4 Breakthrough Innovation Best Practices: Innovation is the core activity of human evolution to change the environment for making collective progress. In the business setting, innovation is what differentiates the leader from followers. Often, innovation is disruptive and risky. The challenge is about how to develop the best and next practices, proactively search for breakthrough innovation to build long term business advantages.

Chapter 5 Breakthrough Innovation Risk Management: Digital brings both unprecedented opportunities and risks to businesses today. Innovation becomes simply” creating value by solving simple or complex problems.” Innovation comes with a risk of failure; many say that innovation won’t happen without enough failures. Every innovation pursuit has risks in it. Therefore, it is important to set guidelines for monitoring innovation pulses and handling risks in a structural way. 

Breakthrough innovation is the most important concept in innovation because it can be demonstrated virtually that all real economic growth or societal progress is driven by disruptions. Here are three aims of breakthrough innovation. 

• Respond to a true human need: Responding to the true human need is the very goal of doing innovation. With the unprecedented convenience that digital technologies bring to us, business leaders and professionals should ask themselves: Why is innovation so important or even more important whereas technology becomes more advanced? 

The matter of fact is that the pace of change is significantly increasing, innovation is the only path and the core activity of human evolution to change the environment for unlocking business performance, for profit, for resource optimization, and for customer satisfaction, etc. The speed of change is expedited, so does the speed of innovation. 

The breakthrough innovation has to respond to the true human need. People must be the center of innovation. Innovation is both art and science. Thus, customers should always be involved. It is not a question of whether customers are right or not, it is more of whether you are truly and proactively listening to their needs and gaining a deep understanding of the customer through empathy. 

• Ride on emerging trends to figure out a better way to do things: Nowadays, often technologies are the disruptive forces behind digital innovation. The highly innovative organization depends more heavily on its technological knowledge and market capabilities to develop and commercialize innovation. 

Innovation is the differentiated business capability enabling the organization to ride on emerging trends and beat down competitions effortlessly. From an entrepreneurial perspective, innovation is the essence of new and independent companies that act as the agents of changes in either emergent or traditional industries. 

The essence of innovation is made of trying the new combination of known things to create new stuff and figure out a better way to do things. By introducing new products or new methods of production, by opening new markets or utilizing new resources, by leveraging digital varieties for brainstorming and gaining new ideas, highly innovative organizations can seize precious business opportunities to innovate.

• Innovating business models to rejuvenate organizations: A business model is a description of the way in which an enterprise intends to make profits. It is an entire frame of elements that describe the intents and constraints of a business or an organization. 

Business model innovation is often breakthrough because if an established firm identifies a new business value proposition that requires a change in the business model or the creation of a new one, and then, it’s strategically important to develop the new venture for improving organizational growth and profitability depending on the company’s competitive environment, their impact perhaps increase over time. 

In fact, with the hyper-competition we live in, no competitive advantage is set forever. So, any operational advantage in creating value is likely to be copied fast. To avoid this fast obsolescence, besides focus on execution or incremental improvement, the business model needs to allow space for innovation.

The purpose of Innovation Management is to prepare everything for maximizing the value achieved from the transformation of an idea. The goals of innovation, especially breakthrough innovation, should focus on people and the long-term trends and business vision. All humans are naturally creative. Create and nurture an environment in your organization where humility is appreciated, curiosity is encouraged, and creative thinking is rewarded.

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Innovation Breakthrough Introduction: The Aims of Breakthrough Innovation

The goals of innovation, especially breakthrough innovation, should focus on people and the long-term trends and business vision. 

Breakthrough innovation is new to the world. It is something that no one else has done before; really original, something that couldn't have been possible. It is the innovation that opens the organization to new markets or changes the way customers interact with the market or the industry. 

Breakthrough Innovation is disruptive and will change your organization in many fields with high return and high risks. You need new mindsets, new technologies, new processes, new customers, new knowledge, and maybe a new business model. The differentiation between incremental and breakthrough innovation relates to the degree to which a particular innovation changes the competitive landscape or the degree of impact it makes to its vertical industry.  All that makes them very risky but it perhaps worth the effort because it significantly increases return on investment. Technically, discovering and managing breakthrough innovation is an interdisciplinary approach with multiple perspectives scientifically, philosophically, and spiritually.

•  Science provides the control part of the knowledge system for breakthrough innovation: Besides the art of creative ideas, innovation, even a breakthrough innovation isn’t a serendipity, it is a scientific process which can be managed systematically. Science is the methodical process of identifying logical reasons, experimental methods, stepwise procedures, concrete scenarios, and bringing up provable outcomes. However, Radical/Breakthroughs/Transformational Innovations are not something everyone can accomplish. You have to systematically craft a unique set of capabilities to execute it successfully, that is something you cannot accomplish overnight. How successfully that organization can manage “disruptive ideas” and manage breakthrough innovation depends on how those ideas are recognized, filtered and dealt with.  

Scientifically, innovation is the mechanism through which you grow and evolve something to something great. However, breakthrough innovation has bigger risks so most companies don’t want to spend all their resources on radical innovation. To manage breakthrough innovation and control risks systematically, the scientific processes should be in place. The systematic structure provides the shell within which individuals can collaborate to create transparency to manage innovation. The challenge of leading and managing innovation is an overly conservative approach itself, or the company limits their organizational capability to only focus on small incremental innovation and fail to result in significant steps of capturing revenue opportunities by evolutionary innovation and breakthrough innovation.

• Philosophy is the influential part of generating “big ideas” or looking deeper into breakthrough innovation: Fundamentally, innovation is the scenario to solve problems. Breakthrough innovation is usually about solving complex problems to make a significant impact and jumpstart the next chapter of innovation. We need more people pursuing truth, reality, and wisdom, asking” big why” questions and digging through the root cause of many problems. Philosophy is methodical and has deliberate processes for identifying questions, reasoning, identifying faulty reasoning, and thinking outside the box. However, we are living in an economic system that was created a few centuries ago and many companies are still run in silo with overly rigid hierarchical management disciplines. Often a problem is seen very differently by different parties. The radical innovation creates a chain of innovation, meaning it necessarily leads to new innovation and enhancements to solve a series of problems creatively.

Philosophy is the compass of human civilization and the foundations of “big principles” behind breakthrough innovation. Philosophy is abstract, but it could provoke the chain of thoughts to stimulate fresh ideas. Philosophy is the foundation upon which science has been built and continues to put forth the questions which help to scrutinize innovation purposes, principles, or processes, and move science onward and upward. By applying a philosophical lens to understand thorny issues and identify opportunities to initiate breakthrough innovation, business leaders and professionals can step outside their own box - assuming a box is a mental model, the key is to find the right new boxes, think in new boxes, or shape a bigger box by making connections between different boxes; rather than thinking outside of one particular box, to see alternatives and solve complex problems with creativity and collaboration.

• Spirituality as the appreciative part: The world is a melting pot of languages, religions, races, genders, and the life journey has, but only one purpose, to push human society forward. All artistic, scientific, philosophical knowledge of mankind is inspired by Nature. We are truly connected to the world around us - our surroundings, our interactions with others via mind connection, heart touching, or spiritual sensitivity, all of which influence human consciousness as if our consciousness at every stage of evolution is synchronized with the spirit of nature. It’s important to gain a pervasive appreciation and work on a fairly comprehensive management model that views innovation and transformation as different points along a continuum with very different tools and competencies needed along the way. 

 

We come together in an effective way catalyzing creativity, bringing about breakthrough ideas, and accelerating the change we want to see in the world. Spirituality, not based on doctrines but true introspection and connectivity of nature, does have a practical role in that it could help to inform us to see the bigger picture, sense the invisible and stimulate breakthrough ideas. It helps to perceive the complexity of all things from this side, that side, and the interaction of both sides while simultaneously reflecting on how the expanded worldview influences the understanding of what it is people are inquiring about. In the organizational scope, culture is an invisible “spiritual thing.”  Because most of the radical innovations need a lot of time to launch into the market. Therefore, most of the organizational culture, especially in large companies, are not inclined to radical innovation. To nurture innovation, especially breakthrough innovation, it’s important to appreciate risk taking, develop resilience, build competency, and encourage collaboration.  

 

Breakthrough innovation is the collaborative effort and a leapfrog to societal evolution. An innovation system to relate spirituality with science is through philosophy. In fact, science, philosophy, and spirituality are all crucial angles to see through breakthroughs. In theories, the cross disciplinary approach (science, spiritualism, and philosophy) makes a triad of the highest levels of human knowledge to drive breakthrough innovation. In practice, interdisciplinary science applied to management with integrating multidisciplinary methodology, enables leaders to frame bigger thinking boxes, and motivates creative workforce to approach problems via multifaceted ways for accelerating business performance.

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InnovateGRC

Corporate governance needs to become agiler, customized, globalized, enforcing risk intelligence and generating multidimensional business value constantly.

Due to the complex business environment with “VUCA reality, governance will remain a difficult issue for today’s business, True enterprise-level agility requires the architectural coherency that comes with a business vision realized through conscientious governance. 

To actually facilitate change or movement in a company, businesses management needs to take a structural approach to orchestrate change, do it with trust and flexibility. Governance should be understood via multidimensional lenses and practiced across disciplinarily.

Agile GRC: Understanding business for the dynamic 'complex system' that they are, is the starting point for agile governance. Agile governance is not just a new coined buzzword, but the next governance practices for synchronizing business management. Agile governance is more holistic, because digital organization today is a dynamic, complex and adaptive system which keeps evolving. Agile governance practice should be shared cross-enterprise collaboratively to unlock business performance.

Unmanaged endogenous risk does not dissipate but is communicated and amplified through multi-scalar interactions. So the purpose of agile governance is not to eliminate complexity, but to optimize complexity. In practice, governance structure is independent of management structure, governance mechanism can be embedded into business processes seamlessly, and ensure your organization optimizes the "traditional" governance to which you refer, and then determine how much you are willing to spend to make decisions faster, coherent for improving organizational level of agility and maturity.

Innovative GRC Governance: For every corporation which should work effectively and run innovatively, you need strong GRC disciplines that help business management perform a risk analysis, harness connectivity (communication, coordination, and control), raise visibility and awareness for many things that are captured at the different levels of the organization.

For every corporation which should work and be effective and efficient, you need good governance; and the desire for more innovation will make governance issues more complex. The value proposition of good GRC and brand should be integrated within and across operations not siloed off in a box and improve the success rate of business innovation. The GRC can be evaluated not only from the financial perspective but also from the involvement and signs being displayed inside the organization, from innovation, people (employees, customers, partners, etc.), and multidimensional value perspectives.

Global GRC governance: Organizations become hyper-connected and interdependent, corporate governance in many nations has either evolved leading the massive corporate failures or some economic crisis. The basis of differences can be harmonized on the global scale based on the common principles. It’s crucial to clarify the difference between local rules and global principles, common beliefs and universal wisdom. The information-based governance process needs to have dynamic aspects to it. It is rigorous; but not overly rigid; it can handle ad-hoc and exceptional matters smoothly and it knows enough to be able to handle business complexity effectively.

It’s important to provide invaluable views, rules, methods, and address the different aspects of governance, deal with paradoxes, handle fricions across individuals, teams, and network-enterprise to achieve high performance business results.

Governance isn’t just about putting restrictions on what you can do, it is also about monitoring and knowing when things are not going right, making an adjustment of planning or taking appropriate adjustments at the right time to improve business management effectiveness and efficiency. There is still a long way to achieving corporate governance maturity. Corporate governance needs to become agiler, customized, globalized, enforcing risk intelligence and generating multidimensional business value constantly.

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Innerconnectivityofcapability

The goal of organizational capability management is to ensure that strategic goals can be accomplished consistently and reach the next level of business maturity.

Either individually or at the organizational level, capability is the ability to achieve the desired effect under specified performance, standards, and conditions through combinations of ways and means to perform a set of activities. It’s important to gain an in-depth understanding of what capabilities bring core professional advantage and invest accordingly in developing and sustaining valued differentiated business competency.

 

Vision and capability: Vision is required at any given stage of a professional growth stage and organization’s life span. Vision comes from intuition, experience and looks at reality with future perception. In a dynamic business environment, a vision statement describes a journey rather than a destination for keeping the team on the same page. Given that a change vision includes a coherent statement of what the desired future state can be and focuses on common goals, everyone must have the same definition of the future and make it relevant to all levels of the organization.

You have a vision of what you are to become. A vision should be attainable subject to current times and its ability to adapt to changing times. If you set a vision that is completely unrealistic, it becomes a negative motivator. , Business capabilities should make vision reachable and "make strategy happen. Technically, you need business capabilities to enable business strategy management, help organizations reach clearly-defined visions and lead business forward in a structural way.

Strategy and capability: You need to have a strategy for making the vision happening. Vision statement is very difficult to establish if the company doesn't have a strategic analysis. The business capability is the decisive factor for the success of strategy implementation. A cohesive set of business capabilities builds into the organizational competency. If you need to modify one of those capabilities, or develop new products/services/ solutions to delight customers. The capability enabled strategy has a high success rate to reach the well-defined vision.

It is advisable for any organization to adapt step by step to manage strategy and build internal capability with it. It’s also important to create the mapping between capability and strategy. Organizations should do the best they can with existing products/services/ customers and spend a lot of time on future products/customer exploration. Dynamic capability accelerates business speed, builds the organization’s strengths in core areas. It takes time and effort to build high mature capabilities and core competencies. Loose coupling makes it possible to change the components of a capability and keep improving organizational core competency.

Performance & capability: Organizational capability matters as it directly impacts performance of problem-solving with consistency. Organizations arise when the scale of the interrelations, interactions amplifies the collective capability to achieve more values for the organization. Most organizations fail to manage performance effectively because they focus on improving the processes or implementations of performance management or evaluation. They fail to assess and improve organizational capability coherence.

It’s important to define the right performance measurements and KPIs, track them down, and know what to do with them, and make an objective assessment of performance improvement. In order to adapt to the dynamic changing environment, organizations should consolidate, modernize, integrate, innovate, and optimize business processes, products, services into dynamic business capabilities all the time, make proper adjustment to the changing environment, and unlock business performance consistently.

There are different levels of capabilities. Business capabilities move from base or competitive level to differentiated level. Individually, discover the strength that can be transformed into a core capability if it aligns with the professional goals. In the business, organizational leaders and professionals should spend reasonable time on making an objective assessment, fine tuning organizational capability and increasing capability coherence. The goal of organizational capability management is to ensure that strategic goals can be accomplished consistently and reach the next level of business maturity.

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sharingthoughtsofvisitingparkofworrylesslake

The lotus flowers enlightens surroundings, the worryless lake delights us all.

Modern people live at a fast pace and have many worries, so they turn to wine to relieve their worries. Students are under huge pressure to pursue academic achievement, since they are very young. Did you know that, in one of the metropolitan global cities with the long history of being the ancient capital in varying Dynasties, there is a beautiful “Worryless Lake Park” that is open to the public for free?

The legendary story behind this park is about a great lady being called a worryless girl in her time. She was charming and talented. She was carefree when she was a child. She planted rice seedlings and picked lotuses, sang and danced, and was chosen as a princess, which actually added a sense of sadness as she had to be separated from her family. Walking around the lake, the white porcelain statue of Worryless Lady stands tall and lovely, surrounded by sparkling lakes and swans roaming around. The lotus flowers enlightens surroundings, the worryless lake delights us all.

Although the park is not very big, with pavilions. Worryless Lake park is indeed a scenic spot in the ancient Dynasties. It is known as "the first lake in the south of the Long River" and "the first scenic spot in that area with enriched culture ingredients. Walking around the lake, gentle breeze touches our face and soothes our exhaustion , making it a happy place for everyone to escape the summer heat. Female, male, old and young all come here to have some fun.

When I visited there, It is when primary school students were out of school, and parents brought their children here to have some family fun together. It is very lively and brings vitality to the quiet park. The poems of “eight etiquette and four manners” decorated on the wall teach children about moral character, integrating entertainment and education into one, showing the civilized way of doing things in the "land of etiquette." The children visit here, have fun and laugh, and have nothing to worry about, like the worryless lady, wishing for a brighter future.

Circling around, I arrived at the north gate. The inscription on the door "Worryless when visiting here" makes people smile, joke around, have a sense of humor, appreciate such blessings, and have more courage to deal with tough life, do not give up hope please.

Friends, if you are still full of energy, take a bus to another great royal lake- the people-friendly park in the city center - covering an area of ​​about 500 hectares, the circumference is about 15 kilometers. Appreciate the Five Continents, as well as the beautiful and refined royal lake sceneries, which are peaceful and charming, full of mysteries and ingenuity.

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InnovativeBoDsQ&A

A highly innovative board leadership team should have a good blend of various innovator roles such as idea generators, innovation facilitator, navigator, practitioner, or evaluator, providing invaluable advice to management for improving innovation capabilities and make a significant contribution to accelerate company performance.

In the ever-changing modern society, innovation is “creating value by solving simple or complex problems creatively.” People are increasingly emphasizing on the importance of innovation to the long-term survival of enterprises. Innovation is one of the long-term strategies of forward-looking companies.

 Even if the company is performing well at the moment, more senior executives should be assigned to increase innovation performance. The board oversees strategy, so BoDs need to pay more attention to innovation management as well as management innovation. Today, due to the complex and ever-changing economic environment, innovation management needs to take higher risks in the strategic value chain; including investment management, information management, or talent management, etc. Innovation advocacy at the board level is critical to improving the success of an organization's overall innovation management.

Innovation governance Q&A: Innovation is the formation and implementation of novel ideas to generate business value. Innovation is a state of mind and management process that thinks and solves problems from a unique perspective, discovers optimization solutions, and chooses the best feasible method to solve existing or emerging business problems. Relevant board innovation questions include:

• Fundamentally, leadership is about the future and direction—how to guide businesses and society in the right direction. How can boards develop the right policies to integrate innovation into all levels of company management?

• How can an insightful board help companies oversee innovation strategies, design and drive an innovation culture?

• How to build a first-class leadership team? What are the biggest innovation management gaps and “blind spots” in corporate strategic decision-making?

• How does the board set the tone for encouraging innovation and humanizing business transformation? How does the company's board of directors play a key role in guiding corporate digitalization, integration, and globalization?

• What are the most effective leadership practices for achieving innovation goals, and how is innovation performance evaluated?

From the boardroom to frontline customer service employees, innovation should be the focus to keep your business ahead of the competition. Commitment from the top is important to the success of any change or innovation. As one of the key leadership pillars, the company's board of directors should set the tone for practicing open leadership, encouraging innovation and advocating for change, providing space for dialogue and debate on digital innovation, paying attention to innovation dynamics, deepening a common understanding of urgent problems, and accelerate the cultivation of innovation capabilities.

From the perspective of corporate board composition, build a diverse team with cognitive differences, they can learn from each other's strengths, evaluate innovation strategies, and successfully bridge innovation gaps. Asking thought-provoking questions and brainstorming fresh ideas can help to verify the corporate board's deep and comprehensive thinking on specific issues; avoid groupthink and blind spots in decision-making, and set the tone for establishing an innovation culture.

Identify innovation bottlenecks and optimize innovation process: Innovation does not happen by accident, but a systematic process. Companies can use limited resources to obtain the best possible returns to meet the expectations of many shareholders. Therefore, innovation needs to be a hot topic in digital boardrooms, in which the main barriers to innovation are rigidity, lack of flexibility, static processes or bureaucracy. Different types of innovation should be managed through tailored processes. Directors can provide insight on how to break out of stereotypes, when to change old rules, and when to create new ones. Striking the right balance between the ideation and execution parts of the innovation process is critical. Develop guidelines for innovation management and manage innovation. Most companies fail at innovation execution because they do not have optimized processes and do not understand the connections required to work horizontally across departments. They also lack the necessary tools to develop and test new models, products and businesses.

There are many kinds of innovation bottlenecks, such as idea bottlenecks, process bottlenecks, resource bottlenecks, innovation execution bottlenecks, and talent bottlenecks. Board oversight of innovation management helps to evaluate innovation strategy, which is an important part of corporate strategy. By relying less on a single function and relying more on cross-functional collaboration and continuous improvement, companies can execute innovation more effectively. It helps enterprise management identify innovation management bottlenecks, optimize processes, reduce innovation implementation risks, and systematically expand innovation effects.

Innovation capability & performance evaluation: Innovation is critical to a company's prospects and cannot be delegated carte blanche to management without board oversight. The corporate board of directors is responsible for monitoring innovation management performance, and strengthening management innovation. An innovation management system includes policies, structures and programs that innovation managers can use to drive innovation, improve work efficiency and the innovation capacity of enterprises. Management innovation includes leadership innovation, communication innovation, cultural innovation, process innovation and other elements.

Innovation management oversight by the corporate board can help to reduce the risk of introducing innovations to the market, establish clear proof of concepts before investments are launched and scaled, connect innovation strategy and innovation culture, and ensure that innovations are supported by management and stakeholders. Assessing the corporate board's innovation management performance is also critical to improving the success of innovation management.

The problem is that most innovation management initiatives are unsuccessful. Key performance indicators that measure business success tend to be primarily financial in nature. The leading indicators of successful innovation are not financial indicators. The key to evaluating a company's innovation performance is to correctly measure the multi-dimensional enterprise value they generate directly or indirectly; the share of profits or revenues generated by an innovation. Of course, it is not easy to define how much value innovation generates, but it can be roughly estimated: new products, improved services, internal process innovation, cost savings brought about, long-term value of talent training, etc.

Boards of directors can make significant contributions to improving corporate innovation capabilities. Innovation management oversight from the board can help to reduce the risks of bringing innovations to market, establish clear proof of concept before investments are launched and scaled, and ensure innovations are supported by management and various stakeholders. A highly innovative board leadership team should have a good blend of various innovation roles such as thought leader, innovation facilitator, navigator, practitioner, or evaluator, providing valuable advice to management to improve innovation capabilities and make a significant contribution to accelerate company performance.

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Innovativeglobalcapability

Improving capability coherence is always critical to accelerate business performance and improve organizational maturity.

With overwhelming growth of information and frequent disruptions, what matters is capability, dynamism and organizational maturity. There is intense learning and knowledge update for professionals and enterprises; there are different levels of capability management via a healthy cycle of "development, enhancement, and maturity."

An integral capability enables us to create something new out of something existing, reaching the new horizon out of an old vision: There are functional capabilities and enterprise capabilities. Building integral organizational capability allows the business to “run, grow and transform,” and ensure the business as a whole is integral than the sum of its pieces; it also enables people to solve more complex problems or make transcendental movements. It’s important to integrate enterprise knowledge & ideas, information technologies and processes. The successful integration will depend on the underlying business relationships between all of the crucial points and how they influence each other in building integral business competency.

Global capability: The global society is composed of people and organizations from different regions, religions, and cultural differences. The global society is making certain progress technologically or methodologically. However, there are still numerous problems that need to be solved more innovatively. It takes world-class leaders who can connect global dots to both inspire and nurture the evolution of businesses that walk the talk. Organizations should develop the capability to deal with global issues thoroughly. When it comes to innovation. It’s critical to invest in global capitals, harmonize worldwide business relationships, optimize cross-boundary processes to build global capabilities for handling global complexity. Professionals with global capabilities usually demonstrate motivation to work in an international environment, demonstrate open-mindedness, cognitive skills, cultural flexibility, learning agility; they are able to communicate empathetically, and work across cultures comfortably.

Unique capability: Every organization has their set of capabilities to get work done. Leading companies usually have some unique capabilities to make them stand out and differentiate them from others to achieve better business results. When the organizations across the vectors move up their maturity level, their capabilities are moving from base or competitive level to differentiated level. Problem-solving at the global scope requires a mindset with curiosity, inclusiveness, intellectual sophistication and cultural empathy, etc. To speed up business growth, high mature organizations won’t imitate, but build a differentiated set of dynamic capabilities and develop the organization’s unique strengths in core areas. An objective assessment of capability includes the importance of each capability to the enterprise; different weighting may be applied to shaping unique organizational competency. In order to speed up and increase business agility, integrating different capabilities into a unique set of business competencies.

Improving capability coherence is always critical to accelerate business performance and improve organizational maturity. Business management needs to make an objective assessment, fine tuning organizational capability, improve enterprise competency, expedite capability development cycle, and achieve capability coherence.

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Innovateglobalsociety

Only customers can value the quality of the software. This software exhibition opens my mind upon how to reinvent the future of society and unleash the collective potential of the human world.

Information potential directly impacts the growth potential of the organization or society. This week, I participated in a great software exhibition in a cultural capital, an IT oriented metropolitan city, in which the meta-universe, cloud computing, Big Data, Cloud Computing, etc, became more mature in application.

This modern society steps into the new phase of digitalization by providing real-time information management solutions to conquer the dynamic, multidimensional business management challenge. The power of information is to enable people to make better faster decisions coherently, empower the organizational management with real-time insight across the company in ways never possible before. This software exhibition focuses on digital thinking, methodology, and solution for reinventing organizational management/society/culture.

MetaUniverse: Dynamic, open space is digitized via advanced information technology, interdisciplinary collaboration, and open innovation. People constantly expand their digital footprints, break down silos, explore new opportunities, develop contents, learn, grow and innovate.

Cloud Computing: What business problems does cloud solve that can't be solved by more traditional forms of application and service delivery at a fraction of the cost and risk? Cloud provides the right opportunities to get out of the non-value adding business as soon as possible.

Big Data: Data influences human behavior, data enables the culture of innovation, data unleashes human potential. Now good data is about the freedom of choice; each piece of quality data is the truth. Technically, the Big Data solution need combine computer science, mathematics, statistical analysis, data visualization and even social science to gain insight and foresight about what customers need and what’s the future trend.

Advanced Analysis: Big-data analytics must be business led with the right mindset, time to value, and with effective data mining tools, as not all projects will be successful at finding the needle in the haystack. With rising customer expectations, the need for speed is actually more important than ever before. Data driven real time "what-if'' analysis could immediately determine future outcomes. The biggest challenge that business faces to manage Big Data today is more cultural than technical. Data oriented organizations can digitize, personalize and systemize modern society, help every level of organization reach the high level of maturity.

Artificial/Argumentative Reality: Information is overlaid onto the device (smartphone or glasses) to create an immersive experience where digital information alters the user's perception of the real world. It delivers visual elements, sound and other sensory information to the user through smart devices.

Due to the digital nature of hyper-connectivity and interdependence, software will become more interrelated as we move to a world of systems-of-systems in which constraints govern how and what we develop. Software development needs to bring up the most business value. Only customers can value the quality of the software. This software exhibition opens my mind upon how to reinvent the future of society and unleash the collective potential of the human world.

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Illumination

Isn't a tough journey to- celebrate #11,300 blog postings - to pursue- the digital way of brainstorming, innovating, motivating, story-telling?

The “Future of CIO” Blog has reached 10 million page views with 11,300+ blog postings in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. 

The “Digital Master” book series includes 29 books to share insight from the multidimensional digital lens and perceive the multi-faceted impact the digital era upon us is making to businesses and society. The content richness is not for its own sake, but to convey the vision and share the wisdom. Here is the weekly insight of innovation leadership, IT Management, and Talent Management.

Initiatives Organizational management is both science and art. The traditional linear management practices working in the considerably static industrial organizations are simply not sufficient to manage the "VUCA" new normal.

InitiativesThe global environment is dynamic and uncertain, the pace of change is increasing, Global citizens are experiencing the same world but perhaps perceive it subjectively. For the past couple of days, I have been staying in a great global metropolitan city in which I have had an amazing people-centric experience. I enjoy the excellent mix of natural beauty and societal advancement, the ocean's openness and the city's charming; and most importantly, people treat each other so friendly, offer help to strangers warm-heartedly. The pacific ocean broadens my mindset. The local residents impress me and embrace me friendly, make me strong and full of appreciation. Great global places and citizens cure us spiritually, make us feel energetic in the face of frustration, doesn't it?

Initiativeformulas Change is increasing its pace; organizations need to awaken their information-based consciousness, start thinking about ways to improve, and innovate. Understanding the ecosystem dynamics, working to influence multifaceted business management takes attention and energy.

Innatequality Quality is everyone’s business; touch every important perspective of the business. Business management systems and processes need to be dynamic, iterative, integral, and interactive to make the timely adjustment for improving the quality of management. Quality management should focus not only on the quality of products and services but also how to achieve the overall business effectiveness, efficiency, agility, resilience, and maturity.

Innateprofundity Information is permeating into every corner of the organization, and emerging technology makes a profound impact on organizational design and reinvention. Being profound means objective perception, empathetic communication, emotional excellence.

Blogging is not about writing, but about thinking of new ideas; sharing and innovating. 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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Innovativeglobalism

The new journey of an insightful globalist starts at the great global city, with all sorts of global experience amazingly.

The global environment is dynamic and uncertain, the pace of change is increasing, Global citizens are experiencing the same world but perhaps perceive it subjectively.

 For the past couple of days, I have been staying in a great global metropolitan city in which I have had an amazing people-centric experience. I enjoy the excellent mix of natural beauty and societal advancement, the ocean's openness and the city's charming; and most importantly, people treat each other so friendly, offer help to strangers warm-heartedly. The pacific ocean broadens my mindset. The local residents impress me and embrace me friendly, make me strong and full of appreciation. Great global places and citizens cure us spiritually, make us feel energetic in the face of frustration, doesn't it?

Global communication: Global professionals are comfortable to live in an advanced global society in which they are able to work and live freely, communicate empathetically. In the truly global society, not only do we speak our own dialect, but we are also good at a couple of languages; we switch back and forth fluently; we enjoy global media through multi-lingual or interdisciplinary understanding. We become global citizens because we like each other even though we are strangers; we understand each other empathetically; we go deeper to diagnose real problems and deal with them thoughtfully.

Because each mindset filters information differently, thinks differently, and learns differently.Good communication is based on fluent language skills, expertise, contextual understanding, and deep insight, to avoid “lost in translation” syndrome. In an open and progressive society, Global professionals should sense, feel, read and imagine, set tones to enhance cross-boundary communication and collaboration.

Global platform: The world becomes flattened, changes or problems usually do not happen in isolation from each other in predictable ways. True globalism means brainstorming for fresh idea exchange, open platform to communicate, open innovation to scale up and amplify innovation impact; open culture understanding, not only for knowing the diversified cultures or customs, but also become more fluent in the open style of multicultural communication, open mindset of inclusive leadership. In an advanced global society, communication is objective; transportation is predictive; social interaction is professional and problem-solving is holistic.

An advanced global platform interwoven by information technology enables people to share fresh ideas, criticize old ways to do things, and co-solve problems innovatively. It helps to discover hot spots for innovation and enable people across the globe to build trustful relationships and harness cross-boundary collaboration. In shaping a global business, it takes cohesive collaboration for business as a whole, aligns the different parts of the ecosystem to adopt more points of integration, with layered and loosely coupled modular capabilities to build differentiated competencies for solving complex problems effectively.

Global professionalism: The global world is diversified and complex, and global value is multi-dimensional. So to develop global professionalism, people from different regions, religions, and cultural differences should refine their knowledge into more unified insight; compare personal/family values with national, global values, etc. Contemporary global professionalism is contextual. You need to have value judgment skills to make sound decisions; strategic perspective to diagnose critical problems; paradoxical logic to strike the right balance.

In a truly global society, people demonstrate global courtesy, global knowledge and global professionalism. It is a strategic imperative for today’s leaders and professionals to embrace the broader view of global society, shape a clear vision, establish global principles & regulations, and develop the next practices to deal with existing and emerging complex business problems to advance humanity collaboratively. Being a qualified global citizen means you expand the horizon, develop multilingual fluency, interdisciplinary knowledge expertise, cultural empathy, embrace inclusion, and accumulate global experience to reach the next level of professional maturity.

The new journey of an insightful globalist starts at the great global city, with all sorts of global experience amazingly. It’s always important to create common rationale between perspectives, engender fresh global insight, help people recognize challenges, understand boundaries, deal with constraints, frictions, bridge a variety of gaps seamlessly, in order to develop global professionalism, accomplish multiplexing tasks, and amplify the collective potential of our modern world.

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InitiativeofInnovation

It’s strategic imperative to unlock the full organization potential – the future performance for accelerating global business growth.

Innovation can happen anywhere across the global organization and its ecosystem because of constant changes in the physical world, frequent disruptions in reality. It's critical to connect the right dots, identify hot spots for innovation, build innovation hubs to nurture fresh ideas and new concepts. 

With increasing pace of changes and frequent disruptions, our global world has to create new paradigm, with creative patterns, fresh concepts, new knowledge, all sorts of innovators who can think differently and solve problems alternatively.

 It’s important to break down the variety of silos and enforce cross-functional, industrial, and cultural collaboration and innovation: Innovation is not for its own sake, but to generate multifaceted business value. The smaller business players can gain economies of scale of innovation through cross boundary communication and collaboration. So if you have some innovation capacity in an iteration, and are looking to pull it from the backlog, you can grab that high value. The success of the high-innovative organization is not accidental because innovation is a differentiated capability which needs to be built through a multitude of disciplines, structures, processes, and practices.=

It’s important to know that the variables that might merit consideration are the scope, scale, and impact of global innovation: In the business setting, it’s important to break down the variety of silos and enforce cross-functional, industrial, and cultural collaboration and innovation. The scope, scale, and impact of the global innovation depends on many variables such as process coherence, communication fluency, interdisciplinary knowledge, structural flexibility, technology update, etc. Forethoughtful organizations are able to manage a balanced portfolio with both incremental and breakthrough innovation. Incremental innovation is more under control, usually top down, process driven. Breakthrough innovation requires a more thorough process to prototype, filter, test in a real-world scenario. All organizations focus on developing people-centric innovation capacity.

An integral global innovation system enables organizations to recognize challenges, understand boundaries, deal with constraints, frictions, bridge a variety of gaps seamlessly. It takes world-class insight that can connect global dots to both inspire and nurture the evolution of businesses that walk the talk when it comes to innovation. An integral global innovation system enables organizations to recognize challenges, understand boundaries, deal with constraints, frictions, and bridge a variety of gaps seamlessly. Information Technology is the linchpin to build an advanced innovation system in which organizations can encourage idea brainstorming, process optimization, talent development and build a high performance innovative businesses. 

It’s strategic imperative to unlock the full organization potential – the future performance for accelerating global business growth. It takes world-class leaders who can connect global dots to inspire the evolution of human society that walk the talk when it comes to innovation. Innovation leaders not only understand the diversity of the global world with knowledge abundance, but also unify the world for advancing humanity collaboratively. 

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