Paul4innovating Innovation Views

My multipliers for innovation at the Front End of Energy

Following my last post, “I aim to put more innovation into the front end of Energy“, I want to outline why I am focusing increasingly on this front end of the energy transition (FEE) within my innovation work.

For me, it is the ability to apply the “multiplier effect” to any discovery and validation that accelerates the understanding of where the potential growth and impact points of a new business opportunity can occur.

Today, we are all trying to piece together the Energy Transition.

The claim is that there are solutions abound to move us towards the Energy Transition we all need of clean, reliable, energy built upon renewables, but I honestly don’t share that current optimism; we actuaölly have an awfully long way to go in discovery, application and adoption. Continue reading “My multipliers for innovation at the Front End of Energy”

I aim to put more innovation into the front end of Energy

I see the front end of energy as the critical feeding-in point for the energy transition. So what does this mean exactly?

The front end of energy for me is the point of discovery and validation. It is the place I feel I can make the best contribution within the energy transition. The discovery is where the stimulus and catalyst point to take an idea to commercialization. Continue reading “I aim to put more innovation into the front end of Energy”

The value of three horizon mapping for a Sustainability Journey.

Sustainability is one of the hottest topics in the business world at present. There is a hunt to find a new growth engine for a business and fundamentally show the pathway to a sustainable future.

A sustainable future that mobilizes action in searching for new economic thinking. One which incorporates a more circular model of management that builds a more purposeful recycling approach that has the objective to reduce the pressures on our use of precious minerals and resources and current consumption patterns.

Continue reading “The value of three horizon mapping for a Sustainability Journey.”

East and West- the different meeting points in understanding

I lived for about fifteen years in Asia and the before, and in the in-between period, I travelled around the region a fair amount.

Today less so, but ask me where I want to go, and it is back to my city for twelve plus of those years, Singapore.

Some events today set me thinking that resulted in re-issuing this post, shortening it down a bit. Often we do not stop and think of the real differences culturally in how we want to0 engage and build relationships between the East and the West

Participating in business and engaging socially with Asia, watching how Asia has evolved has been a real experience that stays with you as something hugely valuable. It partly shapes your thinking and how you look at things going on in the world. Continue reading “East meets West in understanding Innovation Cultural Orientation”

Visual source; http://www.adaptivecircularcities.com/

We need to think about a choice-cascade integrative model for innovation. Often we fail to understand our role in contributing to innovation; we need a cascading effect. Here I want to explain my thinking behind this and provide the visual cascading steps I feel help us succeed in innovation.

For me, the “cascading effect” for innovation is “a sequence of events in which each produces the circumstances necessary for the initiation of the next”.

It presents an idea, a concept, a prototype, a piece of knowledge that provides the catalyst to be exploited in a broader community as the next step and so on. It cascades. It is where we fit understanding and fresh knowledge within the innovation web.

Getting innovation through any process of understanding is hard. Knowing what is required to generate innovation throughout an entire organization is even more so.

We need to deploy the cascading effect on innovation to support this supporting “effect.” Continue reading “The Cascading Innovation Effect.”

Our innovation era: creative destruction or destructive creation- which?

I keep coming back to the dilemma often faced in innovation- do we practice “creative destruction” or “destructive creation?

We are entering some perilous times in climate change and what this will mean in destruction in what we know, what we value and what we are used to.

I can’t imagine when Joseph Schumpeter outlined his groundbreaking efforts for explaining “creative destruction” he or anyone else could imagine this being flipped around to what we are facing more of today, that of “destructive creation”. We live in a throwaway society, and simply this is not sustainable.

Schumpeter saw “creative destruction” as the renewing, through innovation, society’s dynamics that would lead to higher economic development and welfare levels. At the same time, recognizing that this destroyed a few of the incumbents to benefit many more newcomers and increase value creation for broader society.

Today we are in a destructive creations world. Continue reading “Our innovation era: creative destruction or destructive creation- which?”

Sustainability is central to innovation’s future progress

Sustainability is central to innovation’s future progress

Building a sustainable competitive advantage

Today’s challenge for me is not only to be building the innovation capacity but also to be establishing clear ways on how we should set about sustaining it. Increasingly, organizations must have the capability and capacity to sustain innovation to provide the stimulus for lasting growth and resolve the complex challenges we face today and in the future.

To get there, though, it does seem this must be through continued learning. Hence, your capabilities become stronger, evolving and more unique, thus making them more difficult for competitors to understand and imitate.

Let me outline an innovation framework that builds capability through a sustained approach.

When you set out to build capability to be sustaining, you need to consider there are two types of capabilities, distinctive, which are the characteristics of the organization which others cannot replicate and reproductive, which can be bought in by the competition but always need to need to be appropriate to any objectives you are trying to achieve. Continue reading “Sustainability is central to innovation’s future progress”

visual from www.amle.org collaboration-the-missing-standard/

We clearly need to find ways to navigate ourselves back into some (new) order, to stabilize the chaos we are in, or beginning to feel we are finally moving out of the crisis and chaos of the last 18 months..
What we first need to do is make sense of what is going on around us.
Then, we need to determine what actions to take and the level of action, resource and support each part needs.
For this we need help, we need collaborators wanting to not just navigate back but more to navigate forward.
We are in a period of (great) change. How are we thinking about adjusting, not just to the immediate challenges but the greater ones that are certainly heading our way?
Within business, the present crisis offers a chance to make significant changes to how we operate in the future. However, I am not sure many of you feel the same; it seems disruption is in everything we need to undertake in what is coming towards us in change.
Continue reading “Learning to collaborate in a rapidly changing world”

Are we losing the Energy Transition Battle? Innovation to the rescue?

The growing fears are that we are falling behind the need to meet the Energy Transition required goals to the World has agreed to by 2050, set to meet the Paris Climate Agreement.

The climate is about to get really difficult to predict. We are facing some of the natural consequences of our present inability not to reduce greenhouse gases at the rate they are required. We as humans are the perpetrators of generating all these greenhouse gases, and global warming is ruining this one and only planet we have.

Each part of the world is pursuing its energy agenda, understandably so in many ways, but the shift from the dependence on fossil fuels and recognizing all future solutions should be clean energy.

Our environment is in such a significant crisis when you witness the changing weather patterns increasingly becoming unstable and unpredictable. Then we have the increased frequency and amount of flooding or drought many places in the world are facing, let alone the melting of our ice caps and arctic regions.

Our planet is under great stress. Continue reading “Are we losing the Energy Transition Battle? Innovation to the rescue?”

The accelerating need to build a sustainability pathway

Sustainability is near top or close to the top of a board’s agenda.

The growing concerns of several intertwined issues need addressing as they will initiate a significant change to the Business and how it operates and presents itself to the world.

Boards are asking where our business fits within and alongside society, both in who we serve and society in general, coupled with realising that the planet is heading towards a critical crisis and what we can do to reduce these pressures?

Not just sustainability forces a sharper need for strategic choices but the ability to undertake the product reinvention. A reinvention that concerns itself with reducing waste, minimizing carbon emissions, valuing the full life cycle and the ability to show the increasingly important end-of-life part of the lifecycle model.

Extracting precious, rare earth minerals and recycling parts reduces the demand for future mining or heat intensive materials.

Any products need to have a clear understanding of all their stages for the clarity of sustainability. Continue reading “Thinking sustainability needs a mix of future scenarios.”