Category: Integrated Innovation Thinking

The Three Horizon Approach to Innovation

The three horizons for innovation thinking

Thinking through the management of innovation have you ever considered the Three Horizons approach?  It is likely through this approach business leaders can adopt an evolutionary perspective across the entire innovation business portfolio.

If you are using a three horizons type approach to innovation, it becomes clear that you need to continue investing in innovative activities across all three time horizons, even if you’re in the middle of a present day crisis. To do this effectively, you need to have some idea of where you’re heading in the future, and that’s why I think it’s a useful tool for linking innovation to strategy. Continue reading “The Three Horizon Approach to Innovation”

The National Innovation Institute argument

Further to my last blog post on the need for a National Innovation Institute, I’d like to expand on this further as I’m presently here in Singapore and feel this is even more topical.

Always Singapore provides you with a positive impression when it comes to development. It is a country that consistently experiments and explores its options to grow its economy. Innovation is within this mix but I still think it should be more central, visible and coordinated to extract that little ‘extra juice’ often needed today.

Visiting Singapore on this trip I’ve been examining where innovation ‘fits’, and there are plenty of examples of experimentation backed up by investment seed money, but for me, innovation still lacks a certain coherency and consistency of purpose within policy.

I feel with the changing nature of innovation and its increasing value creation aspect it does need to be given a greater sense of attention, so further investments can build innovation deeper into the fabric of society.

A national innovation body can bring this coherency of purpose that Singapore strives for. Continue reading “The National Innovation Institute argument”

The Amplified Individual for Innovation

Amplified Individuals for Innovation have four important characteristics.

I have been reading a fascinating report compiled for Nesta (www.nesta.org.uk) entitled “Amplified Leicester- Impact on social capital and cohesion”, written by Thilo Boeck and Sue Thomas of De Montford University (www.dmu.ac.uk)

As we all struggle with the increasing needs and complexity of innovation capacity it is the power of combining a greater diversity that holds real promise in the future

In this report, it explores at the intersection of difference, amplification and transliteracy the achievements of a city-wide experiment in Leicester to grow the innovation capacity across the city’s disparate and diverse communities and to share new skills which are fast becoming essential in 21st-century workplaces and communities.

It looks at social capital and uses emerging social media and provides a framework that allows for a diverse group to move towards cohesion and amplification. Continue reading “The Amplified Individual for Innovation”

The yin yang of innovation understanding

Can we recognize yin yang as a dual force of innovation?

Scholars tell us that there are two natural complementary yet contradictory forces at work within our universe.

 

The Chinese call these ‘Yin Yang’. Yin is regarded as more passive, receptive, more outside-in, whereas Yang is more active, creative and inside-out. These are seemingly opposing forces but interconnected and interdependent; one gives rise to the other, they actually reinforce each other.

Yin & yang seemingly have the following characteristics: they are opposing yet equally rooted together; they have the power to transform each other and eventually are balanced out. Continue reading “The yin yang of innovation understanding”