Innovation requires a more dynamic systematic approach

Innovation requires a more dynamic, systematic approach

All companies talk about innovation and its growing importance, but why is it that still so few succeed in actually doing it on a repeatable scale?

What inhibits innovation? What would drive innovation success? What aspects of innovation are critical to achieving such innovative growth? Where should a company place its emphasis to gain both an improving impact on its performance and strengthen its innovation capabilities?

The difficulty for many is that innovation is a complex process that has many intangibles within the total mix to manage. Management today is far happier managing the ‘harder’ aspects of business, the current physical ones of everyday organization, not the ‘softer’ more intangible ones, where innovation often lies or emerges from. Continue reading “Innovation requires a more dynamic systematic approach”

Positioning my innovating approach

I want to find a new way of approaching innovation, a new positioning, and these are my opening statements to be questioned and built upon

Chasing dedicated focal points, looking for big transforming “impact points”
Helping to deliver them

Opening need to achieve

This needs to be complementary, synergistic, clarifying and building new intersections of opportunity

The value-adding impact and business model needs to be central

 

The need is the bringing together of many strands of thinking, ideally in a “living and dynamic” designed way”

Aspiring to achieve

 

*Innovation touch and value maps

*Evolving constantly over time in ecosystem design thinking

*Building out the dynamic environment

* Structuring the activities in a Landscape journey

*Making it a sustaining one

 

 

Until we understand the scope and impact of innovation, we can’t fully grasp the nature and the amount of change that innovation can unleash

@paul4innovating.

 

We need to cover the breadth,depth and scope of all innovation possibilities

 

It is the ability to seeing patterns, synergies and different connections that give us new avenues of convergence and value

We need a distributed, interconnected and networked environment

Agility Innovation

 

Recombining offers or concepts offers greater value creation in the short term but it is the ability to look out and see a different future will bring the higher value returns that innovation aspires too

 

We need to look to build Dynamic Innovation Ecosystems and radicially different Business Models to change the nature of innovation discovery, validation and implementation.

Paul Hobcraft

Phasing the Energy Transition by Technology and Horizon Management

Applying the Three Horizon Methodology is an Evolutionary Perspective

Innovation is the key driver to turning our world from a fossil-led one into one based on renewables and technology is the enabler.

For this to happen, our focus today should be fully on low-carbon technologies and their technical realization.

We should be looking at applying the three horizon methodology here to determine a pathway from today through to 2050 to achieve our goals of having a world free of man-made carbon emissions. Continue reading “Phasing the Energy Transition by Technology and Horizon Management”

The lost innovation pathway

Credit Chrisnaton, Flickr

I was recently working through a set of older presentation files and came across this extract concerning innovation again and thought I must share this. Sadly, it rings true as much as it did those  (many) years back.

Strategy is useless without innovation; innovation is directionless without strategy”.

Below is an extract from “Reinventing Innovation” by John J Kao. For me, it is sadly as relevant today as when I first came across it, some years back. Are we making real progress in our innovation activities? Continue reading “The lost innovation pathway”

The trough of innovation disillusionment

Boredom
innovation disillusionment or just boring?

You get this increasing sense that the ‘fizz’ has gone out of the innovation bubbly, we are seemingly in a trough of innovation disillusionment. The innovation party presently feels a little flat.

When we turn up at those creative innovative parties today the numerous delicious canapés to choose from are turning up at the edges as we are becoming disillusioned, just being fed on a present unexciting incremental innovation diet, lacking any real substance.

We are not being challenged, we are being constrained, bored and fearful of taking bold risks

People are milling around with that bored look on their faces, some are also slumped down checking their watch or smartphones on when is the best time to cut out and find somewhere else to be, rather than be here. Has the fizz gone from innovation? Continue reading “The trough of innovation disillusionment”

Transforming What? Delivering Future Impact

Delivering Future Impact on Performance

As demand is more volatile today what becomes more important is the work to be done, not the work done.

Surprisingly Adam Smith identified this important difference back in 1776.

This can be explained as the work done is the accumulated knowledge, which has built up and been embodied in the firm’s results with the innovations achieved in the past and is seen as the tangible capital.

The work to be done is how well it can adapt to change. In the past century, we operated in the mass production era, with systems with standard goods and stable market conditions, the work done was equivalent to the ‘work to be done.

In today’s global market, with its rapid technology diffusion, disruptive and constant change with an emphasis on servicing the work to be done is more important than the work done and intangible assets are fundamental to this. Continue reading “Transforming What? Delivering Future Impact”

Innovation Ecosystem Understanding through an AI-driven approach

I always find it interesting when different though-strands seem to collide. You can put that down to serendipity, fate, luck or just being in the right spot at that time. I have always been a fan of the book “The Medici Effect; breakthrough insights at the intersections of ideas, concepts and culture” by Frans Johansson.

I like to think I am often colliding at the innovation intersections where I keep finding lots of synergies that feed my research and innovative curiosity to support others.

For the past six or so weeks I have been looking into Ecosystems and one of those (famous) strands took me to “Natural Language Understanding” and I read an article by Mark Seall, Head of Digital Communications at Siemens called “How AI is shaping the future of marketing communications” and it got me curious.

Continue reading “Innovation Ecosystem Understanding through an AI-driven approach”

The critical interplay among innovation, business models and change

The critical interplay among innovation, business models and change

Jeffrey Phillips and I have collaborated over a number of years and I have always felt these have been highly productive, original in thinking and truly valuable.

One such collaboration was around the interplay of innovation with business models and change.

I wanted to extract part of this white paper”Critical Interplay Innovation Business Models Change 6-2“(goes to PDF), in this post, as it offers all involved in innovation a structure to break down innovation into its different models of application. It describes some important observations we often forget when innovating.

Continue reading “The critical interplay among innovation, business models and change”

Confronting Your Darwin Effect through Innovation

Confronting Your Darwin Effect through innovation

It is so hard to let go! It is so often harder to carry on, but determination prevails!

I have been working away, call it my labour of love, with plenty of frustrating moments but have “pushed on” through sheer determination, on my thinking through the ‘harnessing’ of the dynamics within innovation.

The journey has forced me into terrain that presented diverse challenges to achieve fresh insights and traversed many a rugged landscape to get closer to my goal of offering organizations their innovation fitness and future landscape design, one designed to alter their present capabilities and capacity to innovate radically. Continue reading “Confronting Your Darwin Effect through Innovation”

Building the use of the innovation work mat as a compelling business case

The Executive Innovation Work Mat as a compelling business case

After a series of conversations around the Executive Innovation work mat, Jeffrey Phillips and I decided there was a need to add one more to the series, one that makes the business case for the work mat, one that is more from the leaders perspective.

In this video conversation of around 13 minutes, we explore why the leadership of organizations needs to get deeply involved in the innovation activity.

The reason top leadership needs to be fully involved

How many of our organizations are not looking to search for new ways for organic growth, improve their profit margins and create differentiation? This makes innovation central to this CORE need.

Continue reading “Building the use of the innovation work mat as a compelling business case”

error

Please spread the word :)

RSS
Follow by Email
LinkedIn
LinkedIn
Share
Instagram