Remove 2009 Remove Disruption Remove Leadership Remove Management
article thumbnail

The digital innovation era calls for new board leadership

Innovation 360 Group

The second strategic direction is to apply the so called three horizon model for innovation governance (McKinsey, McKinsey Quarterly report, 2009) in multiple and parallel time perspectives (figure 2). In this model, the shorter perspective, the current (core) business, is called Horizon 1(H1). Figure 2, Applying the Three Horizon Model.

article thumbnail

Innovative Businesses Prioritize Creativity

Daniel Burrus

Most notably, older organizations are the ones that place creativity in one column and positive disruptions via innovation in another. This can certainly be viewed as a positive feat: For a company like Citibank to withstand so many outside disruptions, they have to be doing something right!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The digital innovation era calls for new board leadership

Innovation 360

The second strategic direction is to apply the so called three horizon model for innovation governance (McKinsey, McKinsey Quarterly report, 2009) in multiple and parallel time perspectives (figure 2). In this model, the shorter perspective, the current (core) business, is called Horizon 1(H1). Figure 2, Applying the Three Horizon Model.

article thumbnail

How to Keep Innovating in an Economic Downturn

Innov8rs

This dichotomy delivered by the financial pressure is unfortunately pushing many leaders and top managers towards suboptimal decisions that tend to focus more on survival and not enough on investing in the future. For example, Delta Air Lines, one of the leading airlines, managed to get back to their leading position even after bankruptcy.

How To 105
article thumbnail

COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. The organizations we work for are scrambling to manage extraordinary challenges. Innovation teams are not, of course, immune to this disruption. In some sectors, the threat is unquestionably existential.

Report 52
article thumbnail

Choosing the right strategy handling uncertainty

Innovation 360 Group

Imagine you ask your management team or your employees to figure out, design and launch something that will replace your current business, and give them a deadline and a budget. It’s incremental and involves so-called spiral staircase leadership (Table A). processes) and externally (e.g. value propositions).

article thumbnail

Choosing the right strategy handling uncertainty

Innovation 360

Imagine you ask your management team or your employees to figure out, design and launch something that will replace your current business, and give them a deadline and a budget. It’s incremental and involves so-called spiral staircase leadership (Table A). processes) and externally (e.g. value propositions).