Balancing Our Innovation Understanding

Balancing the equationRecently I have been hearing a lot about different innovation equations that will deliver value on the efforts you put in.

I think the activity behind all of this is actually very encouraging, it shows the current dissatisfaction with what we have and the quest for providing a formula for overcoming this ‘present state’.

I think they are all contributing to a promising future. Yet we need to consider the balance within any innovation understanding or equation to derive its real value.

Shifting to Ultimate Outcomes

OutcomesMany organizations are struggling with their metrics and ways to measure the progress and success of their business.

From this writer’s point of view, their innovation activity gets caught up in plenty of unintended consequences, to put it mildly, in wasted debate, discussion & bad decisions through wrong measurement criteria.

Firstly, we are still locked in the old paradigm of thinking this is an industrial economy where we set about measuring inputs to innovation (R&D expenditure, capital investment) and then focused on the intermediate step of throughput and then outputs (publications, production units, patent filing, end products).

We also perceive innovation far too much still as an activity within just one company – viewed as linear, with considerations for services more of an afterthought (like ‘bolt-ons’). Production systems remain far too often the driving force of performance judgement.

Walkabouts are needed for learning and testing ourselves

Walkabout picture
photo credit: Walkabout (1971) film by Nicolas Roeg

How often do you pause for thought, testing yourself, questioning even simply for ‘just those few minutes,’  to allow yourself to openly challenge where you are and what you are attempting to do?

We keep relentlessly moving on, like a wandering herd of buffalo, always looking for fresh pasture, those new feeding grounds. It’s not good.

Of course, I often get caught up in this restless pursuit of gathering more, when I spend a growing amount of my time researching innovation. I keep coming across so many things that ‘trigger’ the thinking, pushing me on.

Do you let them go, ignore them, quickly pass over them, or attempt to capture the issue as something well worth investigating further at a later stage, or just get them simply behind you in the here and now.

Drawing out the different voices within the three horizon methodology for Innovation

Three Growth HorizonsWe so often struggle to articulate our innovation activity and then can’t seemingly project our plans into the future in consistent and coherent ways. We often lack the framing necessary.
If this rings true of the innovation activity in your organization, then it is in danger of being seen as isolated, one-off events, that fail to link to your organizational strategy. Furthermore you’ll be missing out, or not capitalizing on emerging trends and insights where fresh growth opportunities reside.
I so often come back to the messages we need to learn, which centers around the three horizon methodology.
I just wish this framework would be adopted far more within organizations. wanting to build a sustaining dialogue around innovation, it can be such a powerful enabler.

Eight possible pitfalls or sinkholes around innovation

Sinkholes or potholesWhy is it we always seem to fail back into the same traps or pitfalls?

Bad habits seem to always reoccur even when we work on trying to eradicate them.

Or we ignore the warning signs that were ‘signalling’ the problem until it is too late?

For me, innovation has eight possible pitfalls or sinkholes that we need to consciously try to avoid. Some are in our hands, others are clearly out of our hands but all we can do is try to be aware of them so we can avoid them as best we can. We sometimes need to be more prepared for these traps based on our judgement and experience.

We need to become more explicit

Moving innovation into our core – Part three

Not fit for future purposeThis is the third and final part of this series on the rethinking within the management of the innovation system and how to view the core.

Part threeTechnology will drive innovation change.

We are in need of a different sustaining capacity, one build around innovation as its continuous core; constantly evolving, adapting, learning and adjusting, in perpetual motion.

We are heading for transformational change

Digital technology and the cloud are offering us a radically different conduit to achieve a new engagement process within our organizations. Innovation is going to be very much caught up in this transformational change.
Technology and data will be innovation’s catalyst for change.

Moving Innovation into our Core – Part Two

Papering over the innovation cracksA three-part series on rethinking the management of the innovation system.

Part two, recognizing the broken process we currently have that stops innovation from becoming a core.

The innovation process and the structures build into our organization certainly need to be changed.

I outline here different barriers that require a change to bring innovation more into the core of a business.

Today, we are needing to build greater agility and responsiveness into our innovative design to counter a more rapidly changing market, sensing changing conditions and ‘seize’ breaking opportunities. .

A new combination of speed, flexibility, networking and focusing on adapting and fusing the skills and capabilities needed, will require changes in our innovation work.

Our current structures and processes for innovation are holding us back and will continue to not deliver the expected results needed today or the future, giving real growth and sustainability. We do need a far more radical approach to a solution for managing innovation inside our organizations.

Moving innovation into our Core- Part One

Innovation at the CoreInnovation has sat outside the core of organizations’ central systems for long enough.

Arguably this lack of being a core as the central need of providing sustainable growth holds the deeper understanding of innovation back.

A core that could offer up the sustaining value and contribution innovation can make, to the growth and future well-being of organizations and having available the level of resources and commitments it needs. Today innovation seems to be falling short in delivering on its promise. Why?

A three-part series on rethinking the management of the innovation system.

Part one, building the business case of needed change in how we manage innovation.

This part is about those constant top-level concerns that needs finally to be addressed, if innovation ever can become core

Exploring the Drivers of Innovation Change

ChangeI always show a particular interest in statements claiming to have identified a relevant driver of innovation change, then think through these.

Can these be valuable and be associated to the portfolio situation within an organization’s need, in seeking different viewpoints of product or service change?

Opening up our thinking to change can drive our business offerings very differently.

Often within these drivers, we do need to explore what is the underlying force behind them, it allows us to pause and think. As you think through what these different change drivers on what it might mean to extend your new product or service developments, these can prompt radically different and imaginative solutions to consider..

Using the different drivers can give you new insights into your innovation activities plus also can prompt significant changes to freshen up your innovation portfolio.

They are certainly a good place to start to get the creative juices flowing even more.

Tuning out, a need for simplification and better value

tuning out 2I have been totally struck by the overwhelming number of webinars being offered to me on a daily basis, all related to innovation and all free.

Am I the only one getting overwhelmed in choice, underwhelmed in content value?

This is a bit of a long rant, so turn away now those who love all the free choices you currently have, don’t waste your time reading on.

Those a little more curious, as my friend Michael Fruhling always says in his useful blog “then read on, dear friends….”

What do you get of real value when it is offered free?