wealth creation needs | Paul4innovating Innovation Views

Achieving a more dynamic innovating environment

There is a growing need for having some dynamic tensions within the organization’s innovation system; this helps generate better conditions for innovators to thrive.

We are continually learning more about all the different tools, techniques, and approaches available for innovation that will certainly help in putting the learning tensions into our work, making them more dynamic, linked, and increasingly relevant to the work-to-be-done.

We do need to embrace a more open, experimental approach to explore and then extend concepts, tools or frameworks that seem to work. I say “seem to work” as each situation often needs different paths to get the best out of any innovation work.

Yet before we jump into all the frameworks and tools that are available, let’s think about establishing the “common” environment innovation needs. Set this up, and you have the potential to create those dynamics out of your innovation activity. Continue reading “Achieving a more dynamic innovating environment”

Do you know your innovation fitness?

We seem to be facing a more Darwinian World. I’d suggest that today innovation is caught up in the survival race, where the bolder ones are more innovation fit and pulling further ahead.

We need many more organizations to get out of this survival trap and exploiting innovation in bolder ways, become fitter in their innovating purpose.

The harsh reality is this is becoming a very crowded, increasing uncomfortable place to be, as we reduce our capabilities to take a risk, too invest, to make those decisions that create more radical innovation.

If we don’t offer value creation, we become increasingly unattractive and not regarded as essential but simply become disposable, pushed aside by others, more nimble, aware, and innovative.

The more we play ‘safe’, the more we run the risk of being disrupted. We are failing to leverage much of the liberating power within innovation. Is our business world today is it so predictable? No, it is well and truly ‘dynamic’ and evolving, and we have to respond to it in faster, more bolder ways. Continue reading “Do you know your innovation fitness?”

Confusion or Diffusion in Energy Transition?

Following on from my recent post, “Managing Energy Transition through Innovation,” let me build out the innovation argument further. Innovation needs to be talked up within Energy. It is the catalyst to all within the current energy transition underway.

There is this compelling and urgent need to accelerate low-carbon technology innovation if the world can achieve decarbonization of the energy sector between now and 2050, to significantly contribute to meet international climate goals set out in the 2015 Paris Agreement.

The twin combination of energy efficiency and renewable energy seems to be the only plausible way to achieve 90% of the emissions reductions needed by 2050 with renewables accounting for two-thirds of the primary energy supply by this date (IRENA analysis). The essential requirement for energy efficiencies and renewable energy needs is to come from significant technology innovation and systemic innovation, so as o achieve these ambitious numbers. Will it?

To undertake such a radical redesign of the energy system, to pilot and rapidly scale critical renewable energy technologies requires a dramatic set of shifts in such an energy transformation. Can we? Continue reading “Confusion or Diffusion in Energy Transition?”

Managing Energy Transition through Innovation

In the past few months, I have been placing an increasing focus on the energy transition we all need to undertake in our energy systems, to build a more comprehensive understanding of the parts that make up the whole of this transition.

It is one of the most critical places where innovation application is required and able to be conducted to deliver a sustaining impact in our world. Innovation solutions will provide the energy transition needed, and that is what makes it such a compelling area to focus upon.

For me, the energy transition that the world is undertaking requires all forms of innovation, to offer technically advanced, as well as breakthrough solutions, to an incredibly complex system of energy delivery. To redesign a complete energy system in twenty to thirty years, which is the current time frame being wanted to be achieved, is as demanding as you can get. I certainly want to play a role in this transformation, it is exciting, challenging, and demanding on all involved.

We need to appreciate the magnitude of the innovation challenges Continue reading “Managing Energy Transition through Innovation”

Recognizing an innovation need

Increasingly I am noticing that Organizations are facing the increasing dilemma of how to organize and manage within their present systems and structures their innovation activities.

Innovation is becoming far too complex for the innovation process installed within the (one) organization. It is far too self-contained and not open to the collaborative environment we need today, where others outside the one organization can freely exchange and collaborate on the same platform.

I have argued for some time we do not have an “innovation fit-for-purpose” system, we still are focusing far too much on having separate solutions for the front end (IP discovery), then idea generation, and then keep separately the pipeline and portfolio management. We are still randomly applying a range of tools that individuals have collected for themselves to complete their part of the job and the outputs can’t be shared. We continue to exchange across different social channels, often seen as a necessary evil to be bridged, as often systems do not “speak” to each other.

We fail to connect up all of our innovation process and design. When will we have a fully integrated, end-to-end innovation system? Some software solution providers seem to be working towards it but tend to keep adding pieces and not stepping back and designing a fully integrated process. Why? We are managing innovation at often very sub-optimal levels of effectiveness. Continue reading “Recognizing an innovation need”

Checking for the global pulse of innovation

As a report, the 2019 Global Innovation Index (GII) is a whopper, at 450 pages, although 50% of this is detailed economic profiles and data tables for each country within the index.

This GII report investigates and reports on 129 countries and then analyzes and ranks them accordingly.

When you are caught up in generating innovation within a business these sorts of reports can often pass you by as not so relevant to your everyday job of innovation.

I can certainly understand that but as a barometer of the health and investment going into innovation, it will eventually filter through to you and has more relevance than you first imagine.

This report is mainly for those interested in forming national policy on innovation, or judging where they are within the global race on innovation, yet it tells us all some really important points on the current health of innovation.

Yet the innovation message is for us all. If nothing else read this summary. Continue reading “Checking for the global pulse of innovation”

Your Future Lies in Occupying the Innovation Job and Using the Skills it Provides

Source: World Economic Forum, Future of Jobs Report 2018. for future skills

We all need to begin to grapple with what is redefining work in knowledge, skills, our experience, and our necessary abilities to be viable and useful

We continue to hear and begin to see the effects of the Fourth Industrial Revolution. It continues to impact skills, tasks, and jobs.

The implications are a growing concern that both job displacement and talent shortages will impact business dynamism and societal cohesion. It is the pervasive power of technology integration that will change the business models of all industries.

Yet we are recognizing it will also giving rise to a number of emerging jobs yet to be identified or formulized to be trained in. A proactive and strategic effort is needed but based on what? We need to manage reskilling and upskilling to mitigate against both job losses and talent shortages but prepared the future workforce to be more nimble, agile and fluid. Here is where innovators are going to be well-positioned.

Working within the innovation space will be one of the best launching pads for being more comfortable for the future of work. Let me explain why Continue reading “Your Future Lies in Occupying the Innovation Job and Using the Skills it Provides”

Facilitating the Innovation Ecosystem Design

I do like to capture thoughts within Mind Maps. I am never sure if they work for others as the map maker does see things in his or her own way. In the end, it is seeing the other person getting it, that light bulb moment.

I have a group of Ecosystem Mind maps but I thought I’d share this one here to trigger further the thinking that needs to go into building an Innovation Ecosystem. Does it work for you? To be honest I am not sure if it conveys as much as I would like, to reflect on differences when you come to working in innovation ecosystem designs .

To get groups to think more openly about considering innovation in a more ecosystem approach to design and interaction I like to often refer to my mind maps to trigger discussions.

Sometimes it is mine, and mine alone, and I simply talk around it without showing the map, other times I show the map. The problem when you show maps, everyone works through it in their own unique way, however hard you try to get them to work through it in the way you want them too.

I have found mind maps are increasingly highly personal and it can take twice as long to explain something when you show the map to someone else. I think to put the mind map into a powerpoint “stages” it accordingly but it takes away the total map effect.

The key for me in the map shown below is to view considerations differently when you are thinking innovation ecosystems. There are your strategic considerations, there are tactical considerations and then there are value building considerations. Continue reading “Facilitating the Innovation Ecosystem Design”

I prefer the work-to-be-done for innovation.

When we are really innovating we are actually working on the Work-to-be-done, it is a far more exciting activity than constantly focusing on work done, that we need to do to refine, it, to make it more productive, efficient and effective. This work is done, certainly needs doing, no question but it is the “work-t- be-done” that gets the pulse racing. Yet both are really hard work.

The work-to-be-done is the need for our future growth and well-being to be derived from innovation activities.

These are so often made up of so many intangible parts that need exploring, investigating and discovering, the exciting parts of work. As we reveal ideas, concepts or new designs we are providing the new wealth of organizations, in the knowledge sharing economy of today and the near future. We are adding discovery. Continue reading “I prefer the work-to-be-done for innovation.”

All things considered for Innovation Thinking

When we are designing innovation for the future, the search is even more centered around strategically connected value creation.

The task of searching to resolve more complex problems allows Design Thinking to step up and become a far more visible component on how we can go about this.

Design thinking needs to work in harmony with many other thinking skills to make its contribution. Here I outline some of my “must go to” frames or tools.

The need when you “cast out” and look into the future we need to make a lot of connections, these can be really different, seemingly disparate in ideas and approaches. The whole search for diversity can generate so much fresh thinking if we open our minds to the alternatives.

We need to draw on insights, creativity but most importantly have a growing sense of the context we are thinking through to search for new ideas, concepts, and eventual new innovating solutions.

We often get caught up in data far too early, looking for the real nugget that can transform our thinking. I would guard against this, we always need the “larger” context. Never allow the “narrow prism” to dominate until any concept is getting clearer in its final design. Continue reading “All things considered for Innovation Thinking”

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