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The Arithmetic of Systemic Innovation |
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1 ื 0
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1 ื 1
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The Era of Systemic Innovation
New
Realities6 |
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A centralized creativity center cannot significantly
impact the bottom line of an organization
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The R&D function, alone, cannot significantly affect an
organization's long-term bottom line or new business development
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5
Strategies for Creating a Culture for Innovation
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6 Organizational Models that Support Innovation |
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Innovation Project Team
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Expert Network
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Shared Services Organization
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Innovation Community of Practice
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Ambidextrous Organization
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Innovation Council...
More
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New
Realities and New Survival Strategies
In today's tidal wave of
global economic, technological, and social change, the name of the game
for you and your organization is survival. You are not going to survive
in this
new economy
through
technology innovation
alone.
"Growing numbers at all levels believe that, to have a better
chance of success, organizations need to engage the
energy,
creativity
and
intelligence of the
whole
workforce and
involve other stakeholders, like
customers, suppliers, investors and community," says Bruce Nixon9
The
New
Era of Systemic Innovation
Innovation
used to be a linear trajectory from new knowledge to new product. Now
innovation is neither singular nor linear, but 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 enterprise-wide business
process management, manufacturing, distribution, human resources,
marketing, and
customer service.
Innovation is not divisible good in parts
is no good at all.
Innovation systems are only as strong as their weakest
links. "You can't do carpentry if you
only have a saw, or only a hammer, or you never heard of a pair of
pliers. It's when you put all those tools into one kit that you invent,"
advised
Peter Drucker.
Competitive Strategies
Linear innovation
Market Leadership Strategy:
Systemic innovation...
More
Surprise
To Win
3 Strategies of Market Leaders
Holistic Approach
Innovation is the key driver
of
competitive advantage,
growth, and
profitability. 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.
All of these components are important. "Yet
approaching them piecemeal will bring piecemeal results... These seemingly
disparate issues must be integrated into a single overarching strategy if
they are to be mobilized in the quest for
growth."6
In this new era of systemic innovation, you must design your firm's
innovation process holistically.
Business Growth Strategies
6Ws of Corporate Growth
To achieve
sustainable corporate growth, you and your people should live the
principles of
6Ws of corporate growth.
The "Six Ws" what, why, who, when, where and how are very powerful
words. Use them constantly to seek, either from yourself or from others, the
answers needed to manage effectively...
More
7 Dimensions of
Strategic
Innovation
The
Strategic Innovation framework weaves together seven dimensions to
produce a range of outcomes that drive growth.
A company's
Organizational Readiness may drive or
inhibit its ability to act upon and
implement new
ideas and
strategies,
and to successfully manage operational, political,
cultural and financial demands that will follow...
More
3
Strategies of Market Leaders
The market leader is dominant in its industry
and has substantial market share. If you want to lead the market, you must
be the industry leader in developing
new
business models and
new products
or services. You must be on the
cutting edge of
new technologies and innovative
business processes. Your
customer value proposition must offer a superior solution to a
customers' problem, and your product must be well
differentiated...
More
Yin and Yang of Value Innovation
Business Architect
In today's knowledge- and innovation-driven
complex economy,
business architects are in growing demand. They
are
cross-functionally excellent people who can tie several silos of
business development expertise together, lead
business innovation, create
synergies, design winning
business
models and a
balanced business system and
then
lead people who will
put their plans into action...
More
Cross-Functional Teams
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. To move efforts forward,
cross-functional teams, either formal or informal, need to be formed.
For incremental innovation product or service development projects, a
cross-functional team typically includes a technical guru, engineer,
designer, manufacturing expert, supply chain specialist, and marketing
specialist. Your major suppliers and customers need also to be kept well informed of
your new product/service development plans and allowed to work together to
build these new solutions.
Understand the Innovation System
Unlock
the Black Box...
Real Time Business Development...
Technological Interdependence...
System Approach to Management...
System Analysis...
Systems Thinking...
Approaches Favoring
Systemic Innovation...
Systematic Approach
to Innovation...
Radical Innovation by Cross-Functional
Individuals...
Leading Systemic Innovation...
Ask
Searching Questions...
Modern Systems Approach
to Performance
Measurement...
A Dream Team for the Era of Systemic
Innovation...
Case in Point
General Electric (GE)...
Case in Point
Innovation
Management Techniques...
Case in Point
Thermo Electron...
Case in Point
Bunsha...
Case in Point
Corning...
Case in Point
Half.com...
Case in Point
Fun4Biz...
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