Eight Ways to Adopt Radical Innovation

Tullio Siragusa

Eight Ways to Adopt Radical Innovation. As each of us make progress in our careers and lives we learn all kinds of ways to doing things. We learn to apply best practices and processes that often serve to help us avoid risks and do things right. At the heart of true innovation, however, is the need to continually birth new ideas, and new ways of doing things. What about innovation, how does it get applied if the focus is on best practices?

Eight Ways to Adopt Radical Innovation

Tullio Siragusa

Eight Ways to Adopt Radical Innovation. As each of us make progress in our careers and lives we learn all kinds of ways to doing things. We learn to apply best practices and processes that often serve to help us avoid risks and do things right. At the heart of true innovation, however, is the need to continually birth new ideas, and new ways of doing things. What about innovation, how does it get applied if the focus is on best practices?

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Successful Innovators Apply Multiple Leadership Styles Simultaneously

Innovation 360 Group

While much has been written on choosing the most promising innovation project and helping it succeed in the market after implementation, one crucial step in the middle hasn’t received enough attention: how to actually get the job done and done well. Leadership styles are critical to innovation efforts, especially when working with uncertainty. Radical Innovators more adaptive. Leadership styles used deliberately. Key characteristic of Leadership styles.

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. It needs bold leadership. A tantalizing prospect, full of innovation. Welcome to the transforming world of Innovation Ecosystems.

The New Innovation Need: Organizing within a Networks of Collaborators

Paul Hobcraft

How and where does innovation fit will clearly depend on this transforming effect. We are fairly clear that incremental innovation is just not cutting through to give the types of growth expected. Our existing organization needs to envisage a changing world full of disruption that calls for radical change. It needs bold leadership. I certainly believe the ecosystem approach will increasingly become the main stream for innovation delivery.

Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

In a recent report called “ Radical Innovation and Growth: Global Board Survey 2016 ” (link opens the pdf) we have results from a survey jointly conducted by Deloitte Denmark and Board Network – The Danish Professional Directors Association, that opens up much that can concern us about the current boardroom and its great difficulty with managing more radical innovation. A lack of understanding innovation in all its forms is coming back to haunt them.

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

Innovation is About Getting Beyond the Idea

Integrative Innovation

When companies launch innovation initiatives, they typically allot almost all of their time and energy to that initial 1 percent—the thrilling hunt for the breakthrough idea. The real innovation challenge, however, lies beyond the idea. Even the best-managed corporations in the world struggle to execute innovation initiatives. This challenge, which we call the other side of innovation, is widely misunderstood. Innovation execution is neither innovation nor execution.

Innovation and Organizational Culture

Integrative Innovation

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture. After studying innovation among 759 companies based in 17 major markets, Gerard J. Innovation. Organizational stumbling blocks to innovation culture.

The digital innovation era calls for new board leadership

Innovation 360 Group

– In todays globalized and digitalized world, Innovation capability is emerging as the most crucial success factor for companies that wants to master sustainable growth and profitability! Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy. In other words, we believe we have an unprecedented insight in the state of innovation capability among companies of the world today.

The digital innovation era calls for new board leadership

Innovation 360

innovation. – In todays globalized and digitalized world, Innovation capability is emerging as the most crucial success factor for companies that wants to master sustainable growth and profitability! Never before has boards and board members faced a larger challenge than todays need for effective linking between innovation and corporate strategy. The winning strategies of top innovators. Innovation 360 Group. board leadership new leadership innovation.

Scaling Up Startups in Corporate Settings

Integrative Innovation

This ‘opinion’ on the question “What can startups and incumbents learn from each other and what are the biggest threats?” outsourcing’ uncertainty, particularly in early phases of radical/disruptive innovation activities. Those tools are often organized as independent units or activities within the corporation or are ideally embedded in a single unit dedicated to explorative innovation altogether along with internal ventures.

Future-proof Your Innovation Management: Dual Innovation

Integrative Innovation

Most advocates of the Three Horizons model see it from a time (-to-impact) perspective or use it to classify different innovation types. We propose that in each of the three areas there is a different logic / operating model for managing innovation to be applied to generate business impact from innovation initiatives. The specific logic in each of these playing fields manifests e.g. in specific leadership, processes, metrics, governance and people / culture factors.

Scaling-Up: The Foundation

Integrative Innovation

The – in the truest sense of words – ‘billion-dollar-question’ we are addressing is: How can companies generate more business impact from non-incremental innovation? The solution to this question lies in the middle part of an end-to-end process for non-incremental innovation. In Dual Innovation, this Playing Field has its own, dedicated operating model, just like the explorative and the exploitative innovation domain.

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360 Group

By studying over 1,000 companies in 62 countries and all continents over the past years, we have not only built the largest 360-database with multiple respondents in each company (external and internal stakeholders as respondents for a full 360°) but we have also been able to refine and develop our methods for analysis and management of innovation. Figure 1 shows Innovation360´s framework of innovation and how the different concepts are interlinked.

The Wheel of Innovation: Lessons learned from >1,000 companies and 62 countries

Innovation 360

By studying over 1,000 companies in 62 countries and all continents over the past years, we have not just built the largest 360-database with multiple respondents in each company (external and internal stakeholders as respondents for a full 360°) but we have also been able to refine and develop our methods for analysis and management of innovation. Figure 1 shows Innovation360´s framework of innovation and how the different concepts are interlinked. The Wheel of Innovation.

Treat Your Innovation Pipeline just like your Sales Pipeline

Destination Innovation

Lessons are learned, and changes are made to constantly improve the sales process. The pipeline of innovation projects for new and improved products and services is also strategically vital for the business but typically it is not treated with the same attention or importance. Is there a customer need for each innovation? What will this innovation compete with? We can then evaluate the total projected impact of our innovation pipeline.

Innovation and Organizational Culture

Tim Kastelle

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “ Most Innovative Companies 2014 ” survey. According to BCG’s research, successfully innovating companies approach innovation as a system. Adaptability and innovation culture. After studying innovation among 759 companies based in 17 major markets, Gerard J. Innovation. Organizational stumbling blocks to innovation culture.

Seven Strong Reasons not to Innovate

Destination Innovation

Innovations absorb resources and cost money. Innovation is risky. Most radical innovations fail so let’s just keep making our current products and services better. No customers have asked for a radical new approach. This is why getting real momentum behind significant innovation is difficult. He or she must sell the need for innovation. If we do not innovate our competitors will find ways to overtake us.

Is Organizational Structure The Secret to Innovation?

Leapfrogging

Just about everyone wants more creativity and innovation these days. While most companies agree that innovation is vital, few actually spend time creating structures or devising rewards systems hinged on creativity. Many leaders also struggle with the fact that innovation comes from culture, something that’s hard to measure or manage. Bahcall’s book argues that the first step is to balance innovation with execution. Innovation innovation leadership management

The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond. Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . Accenture: 2015 US Innovation Survey.

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The Pressing Need to Link Risk into an Innovation Strategy- part one

Paul Hobcraft

I want to bring together some thoughts on risk and innovation. I feel we spend less time on the management of risk within our innovation initiatives, as we so often simply measure risk on established risk / return lines of known existing business criteria, treating it as part of our existing ongoing business and that is plainly wrong. You Need an Innovation Strategy for it to really be seen as a critical resource of an organization.

Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. In a three-part series, part one outlined the implicit need to align innovation to the corporate strategy and through this we can determine ‘acceptable risk’ In part two I offered up numerous reasons why we should recognize and treat innovation risk differently, so as to allow it to perform closer to its promise of driving growth and achieving real advantage.

Developing a new framework for risk and innovation.

Paul Hobcraft

I believe we need a new way to manage risk within our innovation activities. In a three-part series, part one outlined the implicit need to align innovation to the corporate strategy and through this we can determine ‘acceptable risk’ In part two I offered up numerous reasons why we should recognize and treat innovation risk differently, so as to allow it to perform closer to its promise of driving growth and achieving real advantage.

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk, that gives a better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.

Treating Innovation Risk Differently, Dealing with Uncertainty

Paul Hobcraft

We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk that better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.

Exploring the Intrapreneurial Way in Large Organizations

Paul Hobcraft

Large organisations sense they are missing out on radically different business opportunities and cast their envious eyes towards the young start-ups, not just coming up with original ideas to solve existing problems and pent-up needs, but seeing the work as potentially disruptive to those managing in the existing space. It is tapping into an internal need for everyone involved, to innovate in different and more radical ways. Are you seeking out validated learning?

Agile 122

Exploring the Intrapreneurial Way in Large Organizations

Paul Hobcraft

Large organisations sense they are missing out on radically different business opportunities and cast their envious eyes towards the young start-ups, not just coming up with original ideas to solve existing problems and pent-up needs, but seeing the work as potentially disruptive to those managing in the existing space. It is tapping into an internal need for everyone involved, to innovate in different and more radical ways. Are you seeking out validated learning?

Agile 122

Reinnovation of the Major Automotive Players Through Eco Systems, Openness and Platform Design

Innovation 360 Group

However, as there are still some strong owners and strong balance sheets in the old automotive manufacturing industry, it is now vital to really understand what’s driving and motivating innovation and what’s the reason behind the emergence of a new generation of car manufacturers. For a deeper understanding of blockers and what you can do to innovate in conservative industries have a look at the blog post about the four paradoxes, including The Dr Winterkorn Paradox.

Managing Change Despite Uncertainty

Innovation 360 Group

Innovation360 has identified are three levels of change management essential for creating a culture of innovation. The second recognizes all of the organization’s internal forces, including preparing and motivating stakeholders to handle the reality of radical innovation. The third is concerned with micro-level of developing stronger innovation skills within project teams. The Roles of Leadership and Team Aspirations.

A Structured Cultural Approach Managing Uncertainty

Innovation 360 Group

New technologies can be deployed with a swipe of a finger, appearing across billions of devices all over the world, changing market dynamics in a heartbeat, while competition from emerging markets isn’t just producing cheaper goods and copycat products, but radically redefining the terms of production and distribution. Defining innovation. Many people view innovation as spontaneous, unorganized and unpredictable. Building a culture of innovation. Why do we innovate?

Reinnovation of the Major Automotive Players Through Eco Systems, Openness and Platform Design

Innovation 360

However, as there are still some strong owners and strong balance sheets in the old automotive manufacturing industry, it is now vital to really understand what’s driving and motivating innovation and what’s the reason behind the emergence of a new generation of car manufacturers. For a deeper understanding of blockers and what you can do to innovate in conservative industries have a look at the blog post about the four paradoxes, including The Dr Winterkorn Paradox.

Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. So let´s dig into some key findings and see what we can learn. . All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g.

Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

A fter collecting and studying innovation data from over 1,000 companies in 62 countries, I’m often asked whether Small and Midsize Enterprises (SME) are more innovative and entrepreneurial than larger corporations. So let´s dig into some key findings and see what we can learn. . All companies have a conscious or unconscious strategy, leadership, culture, capabilities, and competencies they use to improve and innovate business internally (e.g.

How to create an innovation culture that lasts

The Future Shapers

Many organisations kick-off an innovation programme with innovation training or brainstorming sessions. Seeing that it is easier to execute, this can be a good way to engage the organisation around innovation intent. Training might equip innovation teams better for the task at hand, but done in isolation it will not build a sustainable culture of innovation. Building innovation DNA is painstakingly hard work. Leadership buy-in.

Building upon the four essential pillars for innovation

Paul Hobcraft

It is always welcome to read a thoughtful article that reminds me, no, it actually inspires me, by reinforcing my own belief that innovation is progressing, even if this is sometimes frustratingly slow. The innovation architecture is progressively being recognized and put into place, it’s forming the building blocks of the innovation platform we need to build upon, ones for more radical innovation outcomes. Achieving a Committed & Engaged Leadership.

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Rethinking the measuring of innovation

Paul Hobcraft

I’m a little tired of the lack of original thinking that goes into measuring innovation. Leaders want to hear this, the sad true is getting a ‘decent ROI’ for innovation constructed (note constructed) is really hard. If the innovation is new to the world, how can it have a clear financial return on investment until much later? We need to appreciate new innovation balance sheet thinking. There are hard and soft measures to measuring or judging our innovation.

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Co-creating volume 3

Innovation 360 Group

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? Every one of us has full access to an infinitely varied and vastly underused resource: Innovation. Innovative thinking alone will not be able to get there, though.

The Case for Dual Innovation

Integrative Innovation

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years. As recently outlined, I consider organizational ambidexterity to be a key innovation issue for organizations in 2016 and beyond. Let’s sum up some relevant findings of these studies, making the case for dual innovation management: BCG: Most Innovative Companies 2014 . Accenture: 2015 US Innovation Survey.

Case Study: Regional SME Development Project Brings Innovation Lift to Manufacturing Hub

Innovation 360 Group

And yet, when it comes to innovation, SMEs often do not have the resources and tools to manage a process that consistently delivers results. They need a common framework and language to describe and quantify innovation efforts, and to collaborate internally and externally. While they don’t have the same resources as large corporations, SMEs can potentially be quite innovative. Innovation area in Growkomp project was very interesting. The Situation.

Let's Settle the Debate — Innovation Both Is & Is Not Everyone's Job

Legacy Innovation Group

Let's Settle the Debate — Innovation Both Is & Is Not Everyone's Job. Also, if we isolate innovation from the heart of the organization, then how is the organization itself ever going to adapt and change to a new world.

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360 Group

Brave leadership reshaped the future. Technology, investment, and brave leadership have all reshaped the future during periods when both promises and dreams were broken. Innovation and Artificial Intelligence. Innovation is about gaining, sustaining, and using market advantages for as long as possible while, at the same time, learning in preparation for future situations—all while not knowing exactly whether, when, or how that new learning will be used.

Do you have an Artificial IntellIgence Strategy – or are you JUST pretending TO?

Innovation 360 Group

Brave leadership reshaped the future. Technology, investment, and brave leadership have all reshaped the future during periods when both promises and dreams were broken. Innovation and Artificial Intelligence. Innovation is about gaining, sustaining, and using market advantages for as long as possible while, at the same time, learning in preparation for future situations—all while not knowing exactly whether, when, or how that new learning will be used.