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Real Time Business Development Bringing About Change and Learning at the Same Time |
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By: Vadim Kotelnikov
Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited
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New Approach To Development Real time development brings about change and learning simultaneously not separating the two. This approach is about "how to transform the development so that it means transforming the business whilst learning at the same time continuously improving and learning and getting a business pay-off as an integral part of it. This means embedding development into how we do business and seeing it as part of doing business."1 By: Peter Drucker
Leaders: Pursue opportunities . Managers: Reduce risk.► Resulting synergy: Strategic Achievement... More Strategic Thinking In the new era of rapid change and unparalleled opportunity, the profitable and sustainable growth will go to the companies whose leaders can see possibilities beyond their traditional served markets. Today, innovative business leaders and most strategy experts do not regard strategy as planning but rather as thinking. "In a world in which unexpected change is a rule, you cannot foresee the future in any meaningful way of make plans for the realization of a detailed long term strategy."1... More Leading Systemic Innovation Innovation is the key driver of competitive advantage growth, and profitability. Today, innovation is systemic. It arises from complex interactions between many individuals, organizations and their operating environment. Firms which are successful in realizing the full returns from their technologies and innovations are able to match their technological developments with complementary expertise in other areas of their business, such as manufacturing, distribution, human resources, marketing, and customer service. There are many parts of the whole field of innovation: strategy innovation, new product development, creative approaches to problem solving, idea management, suggestion systems, etc. Though all of these components are important, in the new era of systemic innovation, you must design your firm's innovation process holistically. Innovation is not divisible good in parts is no good at all. Innovation systems are only as strong as their weakest links... More
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Bibliography:
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"Making a Difference", Bruce Nixon
