"I see true innovation to be
made up of three 'creativities'
– creativity in technology, product planning,
is a pervasively
When ideas meet and information comes together, you bring
innovations to market
smarter and faster.
diversity of ideas and opinions are needed to
generate high quality
Innovation, the source of
sustainable competitive advantage
for most companies, depends upon the individual and collective expertise of
employees. In the new era of
systemic innovation, it is more
important for an organization to be cross-functionally excellent than
functionally excellent. In addition to
formal planning at the
best-practice companies use crosscutting initiatives on
major issues in order to
challenge assumptions and open up the organization
to new thinking.
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
marketing, and customer relationships. To lead these expertise
cross-functional teams, either formal or informal, need to be formed.
can also find new businesses in white spaces between existing
10 Commandments of Innovation
and lead a cross-functional team...
Balanced Organization: 5
Creativity of Groups
In cross-functional teams,
individuals from different backgrounds draw upon their pools of
tacit, as well as explicit
knowledge, to contribute...
is the energy or force created by the working together of various parts
Synergy in business is the benefit derived from
combining two or more elements (or businesses) so that the performance of
the combination is higher than that of the sum of the individual elements
Ask Searching Questions
Don't ask one or two questions and then rush straight towards a solution.
With an incomplete understanding of the problem it is very easy to jump to
Ask open-ended questions that elicit a wide rage of answers:
In strategic innovation
road-mapping, the starting point for knowledge building and learning about
the innovation concept is to establish a shared view of
trends, disruptive technologies and other discontinuities, and related
events that could shape the future. The goal of the road-mapping is to
innovation strategy –
to choose and do the right things. The goal of
innovation management is to
implement this strategy well...
Co-innovate with Your Suppliers and Customers
Keep your major
well informed of your
new product/service development
build bridges through allowing them to work together to develop these
new solutions ...
Leveraging Cultural Diversity
and Cultural Intelligence
One advantage of cultural
diversity is the potential for
arising from the presence of multiple perspectives. Yet, it is clear
that not all multicultural teams/organizations are able to
Cultural intelligence (CQ)
may enhance the likelihood of innovation success in culturally diverse
teams/organizations. CQ facilitates the
reconciliation of differences and
conflicts, and enhances the probability of arriving at culturally
synergistic solution that embraces the ideas or interests of various