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	<title>Achieving Outcomes - Building Your Innovation &amp; Ecosystem Intelligence</title>
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	<title>Achieving Outcomes - Building Your Innovation &amp; Ecosystem Intelligence</title>
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		<title>Digitalizing has a positive impact on our innovation activities in IIoT</title>
		<link>https://thinking4innovators.com/digitalizing-has-a-positive-impact-on-our-innovation-activities-in-iiot/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Thu, 04 Feb 2021 15:25:14 +0000</pubDate>
				<category><![CDATA[4th Industrial Revolution]]></category>
		<category><![CDATA[Achieving Outcomes]]></category>
		<category><![CDATA[Designing Innovation]]></category>
		<category><![CDATA[Digital Innovation]]></category>
		<category><![CDATA[Digital Solutions]]></category>
		<category><![CDATA[New Innovation Era]]></category>
		<category><![CDATA[collaborative networks]]></category>
		<category><![CDATA[Connecting innovation activities]]></category>
		<category><![CDATA[digital technologies and innovation]]></category>
		<category><![CDATA[digitial innovation]]></category>
		<category><![CDATA[Ecosystems and Platforms]]></category>
		<category><![CDATA[IIoT]]></category>
		<category><![CDATA[innovation ecosystems]]></category>
		<category><![CDATA[Networks and Innovation]]></category>
		<category><![CDATA[the future of innovation.]]></category>
		<guid isPermaLink="false">https://fitness4innovation.wordpress.com/?p=629</guid>

					<description><![CDATA[<p>Digitalizing has a positive impact on our innovation activities, it opens up new exciting possibilities. The first question of what, how and why are we doing this, we can start by looking at the data to begin to see there are potential ways to change something existing or improve on our idea or concept. As &#8230; <a href="https://thinking4innovators.com/digitalizing-has-a-positive-impact-on-our-innovation-activities-in-iiot/" class="more-link">Continue reading<span class="screen-reader-text"> "Digitalizing has a positive impact on our innovation activities in IIoT"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/digitalizing-has-a-positive-impact-on-our-innovation-activities-in-iiot/">Digitalizing has a positive impact on our innovation activities in IIoT</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="wp-block-image is-style-rounded">
<figure class="alignleft size-large is-resized"><img data-recalc-dims="1" fetchpriority="high" decoding="async" class="wp-image-634" src="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2021/02/digital-transformation.jpg?resize=568%2C295&#038;ssl=1" alt="" width="568" height="295" />
<figcaption>Image David Reyero</figcaption>
</figure>
</div>



<p class="wp-block-paragraph">Digitalizing has a positive impact on our innovation activities, it opens up new exciting possibilities. The first question of what, how and why are we doing this, we can start by looking at the data to begin to see there are potential ways to change something existing or improve on our idea or concept. As we gain insights then we can apply that innovative thinking with a greater technology application understanding.</p>



<p class="wp-block-paragraph">We then begin to make the changes within the process, be those incremental, radical or even revolutionary to change the processes operating today.</p>



<p class="wp-block-paragraph">We have distinctive ways to treat data and digitalization that leads to distinct new value points for innovation. <span id="more-629"></span></p>
<p>A useful view was provided by the IBM Institute for Business Value identified five distinct opportunities where digital innovation provides additional value:</p>



<ul class="wp-block-list">
<li>We gain new insights that augment products and change our thinking by the generation of real-time or constant flows of market and customer-driven data</li>
</ul>



<ul class="wp-block-list">
<li>We improve our assets by digitalizing them. We can connect up machines, whole plants and complete organizations can be designed around the flows of data. This has an enormous impact on the potential to collaborate, to liaise, learn and build from this data, a new fresh knowledge insight. This can trigger ideas and new concepts to be evaluated as well as gain from having full oversight over the assets generating data or that coming into the company.</li>
</ul>



<ul class="wp-block-list">
<li>The ability today is to combine data within and across different industries. Within our move towards platforms and ecosystems the exchange of data allows for a “greater whole” to view it, add insights and knowledge and from this combined effect those within the ecosystem can gain a commercial and competitive advantage to build appropriate products, services, and business models in response</li>
</ul>



<ul class="wp-block-list">
<li>Each party is building up its own data. We are in times where trading data has become a highly valuable new source of revenue. Knowing weather patterns helps farmers, utility and those dependent on delivery to know and plan far better. We can trade audience data, interest in articles or newsworthy stories so others can associate with these to build more of a profile of who is engaged so they can offer products and services more tailored to their possible needs. The business of trading data is the new oil in the economy</li>
</ul>



<ul class="wp-block-list">
<li>Lastly, we can begin to organize data into more distinctive patterns, service capability options and build more sustainable systems where you build increasingly an accepted language that becomes codified in some way that gives new value. We can systemize thinking through data that allows for uniformity and allows multiple systems to exchange and see patterns. This is where algorithms have increased value. They can predict change.</li>
</ul>



<p class="wp-block-paragraph">Each of these new ways to use the evolution of digitalization to add completely different levels of innovation potential. Seeing this value is one thing, achieving the connecting aspects it requires is another. As we continue to make deeper and deeper connections into manufacturing sites we do need to consider not just the value of digitalization and what it connects up, we need to study and review the data to look for the innovation opportunities to make this an ever greater impact on productivity, efficiencies but more import allowing us to think and design differently, to begin to think changes in technology and innovation.</p>



<p class="wp-block-paragraph">Innovation and digitalization are as powerful as innovation and knowledge in their combination. They both combine to give new insights, new options to generate significant new and greater value. The sooner we can bring in digital solutions and processes into the innovation process of the industrial process, the better to realize some of the real potentials that this combination can give us, as fresh opportunities to add new value</p><p>The post <a href="https://thinking4innovators.com/digitalizing-has-a-positive-impact-on-our-innovation-activities-in-iiot/">Digitalizing has a positive impact on our innovation activities in IIoT</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">629</post-id>	</item>
		<item>
		<title>Success in any digital transformation is a journey of discovery</title>
		<link>https://thinking4innovators.com/success-in-any-digital-transformation-is-a-journey-of-discovery/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Sun, 24 Jan 2021 13:08:26 +0000</pubDate>
				<category><![CDATA[Achieving Outcomes]]></category>
		<category><![CDATA[Digital Innovation]]></category>
		<category><![CDATA[Digital Solutions]]></category>
		<category><![CDATA[Ecosystems]]></category>
		<category><![CDATA[@SIEx]]></category>
		<category><![CDATA[4th Industrial Revolution]]></category>
		<category><![CDATA[collaborative networks]]></category>
		<category><![CDATA[Connecting innovation activities]]></category>
		<category><![CDATA[digital technologies and innovation]]></category>
		<category><![CDATA[digitial innovation]]></category>
		<category><![CDATA[Ecosystems and Platforms]]></category>
		<category><![CDATA[IIoT]]></category>
		<category><![CDATA[innovation ecosystems]]></category>
		<category><![CDATA[Networks and Innovation]]></category>
		<category><![CDATA[the future of innovation.]]></category>
		<category><![CDATA[The New Innovation Era.]]></category>
		<guid isPermaLink="false">https://fitness4innovation.wordpress.com/?p=613</guid>

					<description><![CDATA[<p>How do we find answers to knowing what measures give us for success in any digital transformation? Are today’s measures relevant to tomorrow, are they still based on our legacy system of measurement, when a business was operating in a stable, predictable environment? Yes, we can measure success in our progress but these are in &#8230; <a href="https://thinking4innovators.com/success-in-any-digital-transformation-is-a-journey-of-discovery/" class="more-link">Continue reading<span class="screen-reader-text"> "Success in any digital transformation is a journey of discovery"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/success-in-any-digital-transformation-is-a-journey-of-discovery/">Success in any digital transformation is a journey of discovery</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-377 size-large" src="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2018/06/bringing-ideas-to-market.jpg?resize=840%2C313&#038;ssl=1" alt="" width="840" height="313" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2018/06/bringing-ideas-to-market.jpg?w=935&amp;ssl=1 935w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2018/06/bringing-ideas-to-market.jpg?resize=300%2C112&amp;ssl=1 300w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2018/06/bringing-ideas-to-market.jpg?resize=768%2C286&amp;ssl=1 768w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" /></p>

<p class="wp-block-paragraph">How do we find answers to knowing what measures give us for success in any digital transformation? Are today’s measures relevant to tomorrow, are they still based on our legacy system of measurement, when a business was operating in a stable, predictable environment?</p>



<p class="wp-block-paragraph"><strong>Yes, we can measure success in our progress but these are in both multiple and equally personal ways.</strong></p>



<p class="wp-block-paragraph">Each organization is unique. Never has this become crystal clear that when you face your own transformation journey. You can learn from others, you can adapt but you need to clearly understand where you are in your own evolution and capacity to undertake change as <em>it is simply your journey</em>.</p>



<p class="wp-block-paragraph">This digitally transforming has not been as well recognized as it is today when we attempt to make any transition, from the old ways of doing business to the new one; that is highly connected, collaborative and based on our growing reliance on technology and ‘everything’ digital. It can become life-changing, changes the scope and opportunities within the business and it is highly individual.<span id="more-613"></span></p>



<p class="wp-block-paragraph"><strong>Each business makes a judgment, on speed, scale, and scope of their digital transformation.</strong></p>



<p class="wp-block-paragraph">How they evolve, in new growth, in their changing business model, in their innovation, in their capabilities to manage the “spread” of activities required to transform. How do they upgrade or re-orientate their people, their customer-facing activity for example?</p>



<p class="wp-block-paragraph">The world is moving at different speeds, technology is being implemented in unique ways. We are all making and leaving our digital footprint, each very differently depending on our own situations. Judgment becomes personal, relative to your own situation.</p>



<p class="wp-block-paragraph">We need to measure in those “measured steps” what you need to determine as a transformation journey. Of course, once we have our ideas, we can begin to find ways to measure.</p>
<p><strong>We should always calibrate but we need to seek our own pathway</strong></p>



<p class="wp-block-paragraph">It is not a bad thing that we must calibrate this against others, in seeing the outcomes feeding back from our customers and markets but it is a journey that you can undertake as you and only you, have the best grasp of what is needed or required. It is your journey.</p>



<p class="wp-block-paragraph">Can we look out and give it a ‘hard’ quantification in five or say ten years? Does digital transformation have any easy answers? We can take some broader measures as a business is still driven by growth, growth in revenue, in product mix, in-country development, in market share. Or equally how the perception of the company is beginning to change and how the market ‘sees you’ as different and adapting to volatile conditions. You hear the word “exponential” often and that seems a high validation point today.</p>



<p class="wp-block-paragraph"><strong>Seeing the digital transformation story in different ways</strong></p>



<p class="wp-block-paragraph">I am involved in a community that<strong><a href="https://www.siemens.com/global/en.html"> supports Siemens</a> </strong>and attempts to contribute as well as relate to a better understanding of their transformation journey.</p>



<p class="wp-block-paragraph">This involvement is being part of <a href="https://ingenuity.siemens.com/tag/siex-influencer-community/"><strong>their external influencer community called SIEx.</strong></a> We influence in different ways but more increasingly shape perceptions and undertake exchanges. This is not a community for social media influencing alone. It is where there are engagements in deeper meaning and relationship growing, that can only emerge from sharing other’s perspectives.</p>
<p><img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-622 size-full" src="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2021/01/the-siex-community-within-siemens.jpg?resize=515%2C309&#038;ssl=1" alt="" width="515" height="309" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2021/01/the-siex-community-within-siemens.jpg?w=515&amp;ssl=1 515w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2021/01/the-siex-community-within-siemens.jpg?resize=300%2C180&amp;ssl=1 300w" sizes="(max-width: 515px) 85vw, 515px" /></p>





<p class="wp-block-paragraph">We have two perspectives for this community to thrive in, the insiders working within a business such as Siemens, and those that are outside, looking in, mutually engaging, offering their experiences and views on how they see change occurring and impacting their area of specialised focus.</p>
<p>These views within the community can have creative tension, they are sometimes a little uncomfortable, often challenging ‘relationships’ when someone outside challenges the management of an organization to give it a different perspective.</p>
<p>You can face “push back” or simply a rejection, or moments where you can openly exchange and gain from conversations.  Or, you simply add a new dimension to a particular challenge or problem, that is if the other party is prepared to listen or learn. The value is in having time to listen, learn and adjust if the argument makes sense.</p>



<p class="wp-block-paragraph"><strong>Diversity is allowing different perspectives to have a voice</strong></p>



<p class="wp-block-paragraph">Many companies talk of diversity, in who they attract within their company but this diversity of opinion, of different perceptions, is as increasingly important. I think <strong><a href="https://www.siemens.com/global/en.html">Siemens</a></strong> is recognizing this and exploring what this means in value and contribution. It is a privilege to be part of this. I learn constantly and I hope they gain from my contributions equally.</p>



<p class="wp-block-paragraph">The initiative for this building of a Siemens Influencer Community is driven within Siemens Communications Group, initiated by <a href="https://www.linkedin.com/in/clarissa-haller-5004437/"><strong>Clarissa Haller</strong></a> (<strong>@clarissahaller</strong>), the head of Corporate Communication within Siemens, and driven by<strong><a href="https://www.linkedin.com/in/ellen-schramke/"> Ellen Schramke </a></strong>( <strong>@ellen_schramke</strong>). Ellen aims to connect the internal with us as this external resources to aid the Siemens digital transformation. We explore, discover and experience change as it is occurring all the time and I believe makes discussions relevant and valuable to all involved, it adds to the journey of Siemens.</p>



<p class="wp-block-paragraph"><strong>The journey of discovery is the digital transformation one we all are undertaking</strong></p>



<p class="wp-block-paragraph">Digital transformation and digital maturity must be understood through the lens of business focus, which in turn prioritizes investments and defines success. It is knowing what outcomes you wish to achieve will help enable that transformation process but this is not a &#8220;static&#8221; process, it is dynamic, highly interactive and being able to listen intently and learn so we all evolve in the journey of digital discovery.</p>
<p>As I suggested earlier &#8220;<strong>Each business makes a judgment, on speed, scale, and scope of their digital transformation. These are<em> highly</em> individual.<br /></strong></p>



<p class="wp-block-paragraph">&nbsp;</p><p>The post <a href="https://thinking4innovators.com/success-in-any-digital-transformation-is-a-journey-of-discovery/">Success in any digital transformation is a journey of discovery</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">613</post-id>	</item>
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