distinctive innovation | Paul4innovating Innovation Views

Pitch me on why Innovation Ecosystems are better than my present open innovation approach

Pitching the reasons to change to Innovation Ecosystems in thinking and design

So after working through the values of the Innovation Ecosystem over a series of three posts I asked Chat GPT to help me in making a pitch for the change from existing internal orientated innovation processes and structures.

I wanted to go way beyond just “open innovation” here, I wanted to provide a compelling set of reasons to make this move or accelerate this into reality.

Does this resonate with you? Are you moving along this journey of change seeing the reasons and lasting potential?

Unlocking the Full Potential of Innovation: Why an Innovation Ecosystem Outperforms Traditional Internal Innovation Structures and Systems

Innovation Ecosystems need you to engage and openly embrace?

Why engage in changing to Innovation Ecosystems

Following on from my last two posts related to recognizing the importance of Innovation Ecosystems we need to ask what makes these dynamic, interconnected and engaging, from a diverse groups perspective?

An innovation ecosystem becomes impactful and particularly effective in driving growth and value creation because it aims to leverage the collective strengths of its diverse participants to drive continuous innovation economic growth and societal progress- today’s dual need.

By fostering collaborations, by pushing to accelerate innovation cycles providing resilience, scalable options that address complex challenges, you can create sustainable benefits for all stakeholders involved. This becomes that interconnected and dynamic environment that offers a more widespread, equitable and long-lasting potential

Lets break down this view of Innovation Ecosystems even further

Recognizing the distinguishing points of Innovation Ecosystems

What distinguishes an Innovation Ecosystem from Open Innovation?

Within a short series about Innovation Ecosystems this post asks what really are the distinct differences within innovation ecosystem thinking and design, to provide a set of common distinguishing points to move from “just” open innovation.

What distinguishes an innovation ecosystem and makes it a must-have, is its ability to create a highly interconnected, dynamic, and supportive environment where innovation can flourish.

Is it access to knowledge, markets, opinions or is it spreading risk and resource sharing or enabling the flows in knowledge, ideas, capital- what else really distinguishes it and makes it a must to have. What sets an innovation ecosystem apart?

What truly distinguishes an innovation ecosystem and makes it essential are several interrelated factors that together create a unique environment where innovation can thrive.

Moving from Open Innovation to Innovation Ecosystems

Building Innovation Ecosystems can tackle unique challenges

How do we differentiate (traditional) approaches of Innovation to (evolving) Innovation Ecosystems?

Is your innovation process closed only to you? Or have you gone to being more open in innovation with outside selected partners? Well we do need to move beyond both of these and start thinking and designing with Innovation Ecosystems.

I would argue we need to adapt to thinking and designing in Innovation Ecosystems. True differentiation comes from solving unique challenges in ways others will find difficult and expensive to attempt to replicate as it is the combined value, experience, diversity and knowledge within a network of partners that can be unique.

For me, innovation ecosystems in their ability to provide added value are important to recognize.

In recent years we have been moving away from open innovation but not at the accelerated rate I would have expected, taking this into Innovation Ecosystem design and thinking.

Making those increasing connections

I am always looking for innovations connections. This last week I’ve been working around some different themes that grew in interest the more I investigated them, both in their importance and messages.

I’m undertaking a rather exciting approach to describing innovation, within a collaboration venture, that gets more exhilarating and inspiring as we explore, clarify and document. Regretfully I can’t share this here at present but I certainly will when it gets to that point of ‘release’.

Some of the different areas or themes I’ve been investigating have flowed from one set of enquiries that have taken me into another and then yet another.

These simply get my innovation juices flowing and really are allowing me to make so many new connections. Here is just a few of these in this last week that have emerged from some of my research that provide a host of thoughts:

Leaders & Laggards
In this group of investigations, I started in trying to gain a better perspective of the discussion of leaders and laggards and what differentiates them. Timely to these investigations has been some recent studies by Capgemini Consulting and IESE Business School with a recent leadership study “Managing Innovation: An Insider’s Perspective” Continue reading “Making those increasing connections”

We seem to pass over distinctive innovation, why?

I see so many suggestions on the types of innovation, actually, I’ve offered a few myself, just go and take a look at http://cirf.pbworks.com for a different slant on this.

For me, one ‘type’ of innovation that seems always to be often passed over is distinctive innovation in discussions. Why is that?

Most people work away in the trenches of incremental improvements and these outputs make up the vast substance of innovation activity. Many working in these trenches of innovation on a daily basis would love to be part of a breakthrough but tend to find this is always ring-fenced for a few others to work upon. All they can often do is gaze over the fence or quietly accept this divide simply goes on.

I believe many who work within innovation simply do not share in this delineation of innovation activity, as it divides talent into separate teams, often pitting scarce innovation resources against each other, often in many unseen ways. This divide of activities is often a real pity but perhaps another story for another day we can explore.

Disruptive innovation is seen, partly by the way it has its effect on us and our lives. Many of us are always happy to discuss disruptive as long as it does not have an impact on ourselves, on the receiving end.

As long as we are the ones doing the disrupting, or just wanting to show off the status as being early adopters or within the early majority of the innovation adoption curve, then we love disruption. Otherwise, it is a very uncomfortable space many are not prepared to travel to. Continue reading “We seem to pass over distinctive innovation, why?”