We need to know how to unlock the real value of innovation both personally and within the organization, we work for.
If we do not fully understand where the innovation capital comes from, and how new capital and stock can be provided, innovation will remain tentative, always stuttering along.
It will lack that essential organisational innovation rhythm, stay disconnected for many and will be frustrating your own evolution in understanding.
I’d like to offer a fresh view on building your own capital.
There are different building blocks and types of capital. Let’s start with the vast knowledge inside the organization, as this forms learning capital. We’re all expected to combine our existing internal knowledge with the external knowledge that flows into the company these days, mostly intangible, searching for its relevancy and context.
The stock we build in our use of this fresh knowledge so we can combine these into new insights that eventually create different sets of advantages – ones that foster value creation.
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