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Innovation-friendly Organization The Key Components |
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By Vadim Kotelnikov, Inventor, Author & Founder, Ten3 BUSINESS e-COACH Innovation Unlimited, 1000ventures.com
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Innovation Management Team: "To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, it requires a lot of disciplines." Steven Jobs... More29 Obstacles To Innovation
Innovation Management Team: "Few great men would have got past personnel." Paul Goodman...Market Analysis: "People buy more weight loss books/diets (tools) than all other books, yet people are fatter than ever. Why? Most diets do not address the psychological reasons (mindset) for eating. The same holds true for innovation." Stephen Shapiro... More9 Signs of a Losing Organization
Balanced Organization: 5 Basic Elements Empowered Employees (Metal):
Innovation Management Policies for Large Corporations
By: Bill
Gates, Founder of Microsoft
Keep a
flat organization in which all issues are
discussed openly...
The Secret Formula: Building Innovation Into Your Organization Success depends on both what you do and how you do it. There are specific elements that help you and your company to be more innovative. But it's not a matter of simply following directions. The 'secret formula' is actually not very formulaic. It's blend of culture, methodologies, infrastructure, and work practices.10 Innovation the Key to Success and Survival Leaders of successful, high-growth companies understand that innovation is what drives growth, and innovation is achieved by awesome people with a shared relentless growth attitude and shared passion for problem solving and for turning ideas into realities. Companies that continuously innovate will create and re-invent new markets, products, services, and business models which leads to more growth. Innovation is founded on your enterprise's ability to recognize market opportunities, your internal capabilities to respond innovatively, and your knowledge base. So, the best thing to do to guarantee growth is to build a sustainable innovation organization around the following components:
Culture and Climate Culture is the environment that attracts awesome people and enables them to thrive and perform at their best. It needs to be highly participatory, people oriented and attractive to people who share your vision, mission, and values. Communication must be open, effective and continuous. Everyone must have an opportunity to be involved in planning, decision making, take calculated risks, make mistakes without fear of punishment, and receive fair rewards and recognition for performance. Establishing the culture of innovation requires a broad and sustained effort. Though changing a company's culture is never easy, with the right leadership, cultures can be reshaped and amazing results can accrue. Establishing an attitude of relentless growth is what enables an organization and its people to achieve their goals. The spirit of relentless growth keeps fresh ideas flowing and reinvigorates your company.
The great innovators behave illogically. They base their work on uncertainty and ambiguity, experiment, use small teams, and draw their aspiration from forward-looking customers. Management's task is to generate the right climate that encourages experimentation, creativity, rule-breaking, and individualism. Avoid rigid management that rules out experiment and trial and error. Build a learning and coaching organization. Tear down cultures of bureaucracy, interference, and lack of autonomy. Use various organizational mechanisms to get idea generators out of standard routines and connect them to both internal and external sources of knowledge. These mechanisms may include think-tanks, technology forecasting, strategic road-mapping, cross-functional strategic planning teams, corporatewide requests for new project proposals, periodic transfer of personnel from one unit to another, and forums geared to cross-pollination of innovative ideas. Creating a Culture for Innovation The question for leaders today isnt if culture is important for success but how culture can drive successful innovation and what, specifically, leaders can do to influence the kind of culture that leads to behavior thats truly innovative... More Finding the Right Balance Between Bureaucracy and Chaos Successful organizations must balance bureaucratic processes at one extreme with the fluid creative chaos of relationships, interests and transactions, which enable it to be innovative and alive, at the other.
Best Practices Google: 10 Golden Rules
Inspirational Leadership: 10 Roles
People do what they have to do for a manager, they do their best for an inspirational leader... More Cross-Functional Teams Leading Innovation In the new era of systemic innovation, it is more important for an organization to be cross-functionally excellent than functionally excellent. 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 relationships. To lead these expertise development efforts, cross-functional teams, either formal or informal, need to be formed. These teams can also find new businesses in white spaces between existing business units. 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. Organize regular meetings of multi-disciplinary teams to discuss explicitly - and if required, redefine - innovation objectives, priorities, and specific projects.
Common Characteristics of Most Innovative Companies... Two Main Sources of Sustainable Competitive Advantage... Two Fundamental Views on What It Takes to Manage Innovation... Innovation Policies... The Six Core Elements of the Innovation System... Top Management Team Leading Innovation... Start with Yourself... Teams of Empowered Employees... Innovation Management Policies for Large Corporations... Culture for Innovation... Idea Management... Creativity Management... Eight Attributes of Corporate Success... Infrastructure... Innovation System... Road-Mapping Your Organizational Fitness Profile... Two Fundamental Views on What It Takes to Manage Innovation... How To Transform Your Business Into an Innovative Culture... A Tool for Analyzing and Improving Organizations... Organizational Fitness Profile...
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