Approaching innovation through the lens of innovation ecosystems Approaching innovation through the lens of innovation ecosystems is a strategic and holistic way of fostering creativity, collaboration, and value creation within a complex network of interdependent players. This perspective shifts the focus from isolated efforts to a more interconnected and dynamic approach where multiple stakeholders—such as … Continue reading “Shifting to Innovation Ecosystems”
Navigating complexity within the realm of Dynamic Ecosystems. We all recognize that markets are changing, complexity is growing, and challenges are more formidable to manage without extended help. This requires all businesses to face rapidly changing business environments to design their response rates and abilities to react differently. How radical will this be? Recognizing critical … Continue reading “Breaking Down Complexity to allow Dynamic Ecosystems for Innovation.”
My definition of innovation ecosystems is that they are dynamic, interconnected networks of diverse actors and resources that come together to collaborate to drive innovation opportunity and create a more compelling value. They are progressively replacing “just” innovation as this tends to be housed in one organization, to be developed and delivered on the resources … Continue reading “Let’s be clear about Innovation Ecosystems”
Designing a Composable Innovation Framework During May and June 2023, I worked through and concluded my thinking on why we needed to change our Innovation approach. A radical change from far to often a linear one, into a new, more up-to-date, and dynamic solution for managing innovation. This solution recognises that innovation discovery all the … Continue reading “Recommending we change to the Composable Innovation Framework”
In today’s rapidly evolving business landscape, innovation is paramount for organizations to thrive and achieve sustainable success. Traditional approaches to innovation, often isolated and siloed within a single organization, may not be sufficient in addressing the complex challenges and opportunities presented by the modern business environment. Organizations must embrace innovation ecosystems to harness the power … Continue reading “Are You Embracing Innovation Ecosystems for Enhanced Competitiveness”
I have been undertaking a significant revamp of two pivotal frameworks I have been building in the past twelve months that move towards Ecosystem thinking and design. Part of this has been a renaming. I explained the Composable Innovation Enterprise concept in several posts last year. I have now shortened it to the Composable Innovation … Continue reading “We need to transform Innovation for the entire Business Ecosystem.”
Recently, I presented my framework to the GIMI think tank GIMI was initiated by a worldwide group of chief innovation officers, innovation executives, academics and consultants in 2009. The framework I offered is built upon interconnected ecosystems. Connecting innovation, business, dynamics, and enterprise is crucial for creativity, growth, adaptability and growth. In the event, I … Continue reading “Why are innovation ecosystems important?”
Dynamism and knowledge insights are crucial to unlocking and stimulating new ideas or thinking. It is all about actively shaping thoughts or insights to navigate the changing terrain. We do need to actively navigate the rapidly changing business landscape in multiple ways it is not just about reacting to external forces. It’s about proactively shaping … Continue reading “Actively shaping the innovation future with Dynamism and Knowledge”
I have been asking Google’s Gemini a series of questions about innovation, how it has evolved in the past twenty-five years, and where it seems to be heading. This is the third and final part of my questioning on looking towards the future and how innovation will evolve, starting from the original thread of looking … Continue reading “Is Innovation evolving in the way I see it going?”
I decided to hold a conversation with Google’s Gemini about how innovation had changed and hopefully progressed since I first became involved 25 years ago, when I lived in Singapore and was heavily involved in my MBA, which had innovation as an elective. The MBA elective “hooked” me on innovation, and here I am 25 … Continue reading “25 years of Innovation- how has it evolved? Has it been successful?”