Do you REALLY want to know how to innovate?
20/03/2017 Leave a comment
The basic questions that need to be addressed are:
“what are our dynamic capabilities that will deliver innovation impact?
More importantly: “which ones should we focus upon to improve our capabilities and competencies over the longer-term?
We recognize resources are scarce as our starting point
Yet we fail to understand the makeup of innovation. We still don’t understand the parts that contributes to the ‘dynamics’ of innovation or how they combine for the interdependency of the parts we so often need. We fail to ask the questions constantly of which parts have the greater impact to deliver innovation, which is not so important? Innovation is still not treated in any form as a company-wide need, to build the integrated innovation management system or practices, it often stands alone or in pockets of isolated understanding.
We do need to bring innovation increasingly into our core, not just in thinking but in all of what we do and think. It is this holistic way we can make fundamental changes to how we go about our business as recognition of the dependencies is poorly understood.
This is what needs to change and can you answer these questions?
Q: What and where do you place your resources to gain greater impact?
Q: What is important to recognize as needing additional ‘weight and focus’, what capability and competencies need to have a stronger emphasis and why? How can we identify these, make the innovation process more dynamic yet these embed constantly as routines? What would happen if we ignore certain innovation aspects, what would give greater impact to our business?
Q: How can we identify these, make the innovation process more dynamic yet these embed constantly as routines? What would happen if we ignore certain innovation aspects, what would give greater impact to our business?
Q: What would happen if we ignore certain innovation aspects, what would give greater impact to our business? What does it release in precious resources?
Why working towards an Innovation Fitness becomes important
The pressing need for a firm is to integrate, build and reconfigure internal and external competencies/ capabilities to address rapidly changing environments and its ability to achieve new, more innovative forms in market position.
This calls for more ‘innovation dynamic capability” to be achieved.
Mapping out your innovation capabilities to the task at hand enables you to understand and relate to what is needed. Innovation Fitness Landscapes identify the opportunity spaces on where you need to focus your efforts- the appropriate resources to navigate the business terrain and explore and respond to the opportunities identified and deliver these into the market in a timely executed fashion.
The ability to identifying the emerging patterns provides the need to act and invest, you begin to make adaptive walks, you explore and exploit so as to move you to the higher fitness points where innovation viability is enhanced. To achieve this understanding demands an investment into this deepening of your innovation understanding. is needed to be in place
Greater innovation fitness building equates to more value creation potential. The ability to inter-couple landscape entities and exploit individual interactions alters your dynamics to innovate and improve repeatable cycle times and provides for increasing options to explore.
The ability to inter-couple landscape entities and exploit individual interactions alters your dynamics to innovate and improve repeatable cycle times and provides for increasing options to explore. You begin to build your sustaining capabilities and competencies to not just ‘apply’ to the jobs-on-hand but to the ones you see as offering a promising future.
As you grow in your confidence, you grow your options and in knowing your innovation dynamic capabilities you can leverage and expand your potential and business.
Knowing your innovation capabilities and competencies enables you to drive an increasing innovation agenda that capitalizes on this growing knowledge.
Talk to me on how you can go about this.