Integrated Innovation Thinking - Innovation Thinking and Resources

Innovation requires the nesting of all capital

By @paul4innovating February 26, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, gaining innovation momentum, innovation execution delivery, Integrated Innovation Thinking, Molecules, Shifting dynamics in innovation, Tackling innovation

Innovation cannot exist without all the capitals that contribute to its make-up. Yet we simply fail to appreciate all the capitals that innovation requires. It is a real pity as they are truly nested.

Equally many innovators are simply not prepared to put in the necessary work to achieve this understanding and the organization’s innovation looses out, stuck in perpetual incremental mode, lacking in anything really new or radical.

All the capitals ‘fire’ innovation. They make innovation combustible.

More often than not when we talk within business of capital we tend to default to the financial kind. Of course providing the financial capital into innovation is vital; it provides the potential ‘burn’ but what is often understated and certainly under-appreciated is the other capitals. These have been ‘tagged’ under intellectual capital or are often ‘lumped’ into our intangible assets.

What we need is to recognize the real “nesting effect” all our capitals.

Learning the mantra of innovation context

By @paul4innovating February 18, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, Improve Collaboration & Communication, innovation execution delivery, Innovation strategy, Integrated Innovation Thinking, Leading innovation, Molecules, Shifting dynamics in innovation, Uncategorized

We have all got used to the statement it is all about “location, location, location” for real-estate. So what should the mantra be for innovation? I think “context, context and context”. Context is a king.

Innovation happens all around us, same as with our places where we live- it is determined by many factors but given a choice we want to live somewhere nice, safe and hopefully going up in value!

The same with innovation we want it to be good, attractive, useful and valued by many, hopefully, willing to part with their money because it fulfils their need.

Innovation should always start of by being placed in its appropriate context otherwise it will lose its initial connection, dilute in the eventual value and arrive as less desirable because we somehow and somewhere went off track

We lost the context because we never really established the real ‘sense of purpose’ for that specific innovation or given direction to explore.

Why do I believe context is the king when it comes to innovation?

Seeing a business model through whose eyes?

By @paul4innovating February 14, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Foster Performance, Fresh thinking, Improve Collaboration & Communication, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

Forget the flowery words; there is a time to deliver. I am trying to take a cold hard look at what and how we report in our organizations and use the business model.

Does it give us the level of detailed understanding to feel confident?

Let me outline some different thoughts, coming from some detailed research that is swirling around in my mind today. It’s a little complicated, but lets try.

I apologize this is a little longer than ideal so maybe take it in bite seized chunks.

Seeing an organizations business model but through whose eyes?

Is the business model important? Of course it is but how we see its value all depends on who are you, what you are looking for, knowing what provides the real value creation within that specific organization becomes important to appreciate their business model.

Understanding the business model of organizations is important, it can tell us much, if it is well designed and explained.

Piecing innovation together

By @paul4innovating February 2, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Improve Collaboration & Communication, innovation execution delivery, Innovation strategy, Integrated Innovation Thinking, Leading innovation, Molecules, Shifting dynamics in innovation, Tackling innovation

When you look at all the (broken) parts within innovation it takes some time to figure out how you can piece it all together to make it a better whole improving on what you had

Innovation and its management is just this place this needs to be pieced together. It often cries out for it.

Most people that work in our business organizations are spending their increasing time in piecing their part of the innovation equation together to make innovation work and trying to improve on the existing conditions to deliver new products and services.

People are spending a greater part of their time have to work on fixing the system and its many faulty parts, let alone finding time to work on any new concept or learn differently. Is it not about time we stepped back and really thought through the design of innovation and its managing? Why is this so hard to do?

Innovation is like a tropical rainforest constantly needing attention

By @paul4innovating January 19, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, gaining innovation momentum, Improve Collaboration & Communication, Innovation Ecosystems, innovation execution delivery, Integrated Innovation Thinking, Leading innovation, Polymers, Shifting dynamics in innovation, Sustainability, Tackling innovation

I describe innovation as very much like a tropical rainforest, needing constant fresh attention, similar in its management,

There is my need to cut down certain trees, clear away a lot of the floor covering to allow the sunlight in and permit those ‘selected innovation trees’ to be allowed to grow stronger.

We all have those times where we need to choose, to pursue clearer pathways we believe are better for us. To be more selective in what we do, to be more focused and hopefully achieve a better, lasting result that hopefully offers a more satisfying set of outcomes, to both clients and to ourselves.

Within this comparison I am presently making of innovation being like a forest, I really began to see so much more of a connection in what is happening around innovation that it can be compared to understanding a tropical rainforest. There are many comparisons, let me outline some of these here.

The ecosystem within the rainforest is also needed for innovation to work effectively

Struggling with the sums of our capital

By @paul4innovating January 13, 2014Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, gaining innovation momentum, Innovation strategy, Integrated Innovation Thinking, Leading innovation, Shifting dynamics in innovation, Tackling innovation

Organizations have been focused for far too long on the importance of financial capital but forget it is the sum of all their capitals that really counts.

The combined capitals determine and drive organizations’ destinies.

We are caught in a constant focus upon our achieving a return on our (financial) capital as our measuring criteria. Organizations strive for improving their ROCE, RONA, IRR, EVA and a host of other financial measures.

As Clayton Christensen has been arguing the agenda of organizations begins and ends with the “search for numbers”. I think there is a time for changing this, we need to search for the knowledge that makes-up eventually the numbers.

There has been a distant voice for some time putting forward the need to appreciate and value the other capitals sitting within organizations.

Much of the discussions have been housed under the term “intellectual capital” which denotes the sum of knowledge made up and contributed by our human assets, our organizational structures and our relationships that are developed.

These are the ‘capitals’ that transform into economic value through organization action. It is the financial capital that simply finances this.

Agility and Innovation in an Increasingly Open World

By @paul4innovating December 24, 2013Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, gaining innovation momentum, Innovation Ecosystems, Innovation strategy, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

Can we reset the clock? Or do we look afresh? How can we plug innovation back in? How does Agility figure in this? Knowing the answer to evolve innovation in an increasingly open world is never easy.

Can you drawdown and still rely selected parts from the past or do you need to step back and see emerging patterns in different ways? Can you make new connections but recognise the value of past learning but combine these differently? I think yes.

I’ve been taking some time out of the daily innovation business to look towards where I’d like my future direction for innovation to head. These are early days and as I learn, I sure I’ll pivot to emerging market needs within the innovation advisory market place.

I feel there are nine primary components that are making up my shift in my innovation focus for my future focal points. These are not, at present “written in stone” but I feel can move my innovating work towards a higher maximization of value for my advice to clients. Perhaps this will also allow me to have a sharper focus.

Let me share these:

Client Engagements – Full of Whipped Cream and Lumpy Gravy

By @paul4innovating November 25, 2013Achieving innovation engagement, Advancing innovation, Building Innovation Capability, gaining innovation momentum, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

So why did I call this blog post “client engagement- full of whipped cream and lumpy gravy?” Often both are ‘heaped’ onto the poor (final) solution found underneath the client- consulting engagement process. Both are layered on to mask the truth that the ones responsible don’t really understand how to make this process really work.

Managing innovation suffers from this an awful lot. We do need to understand all the ingredients that make up innovation, often we just try to’ top’ them off, failing to understand everything that needs to become part of the final solution.

I’m sure many of you have witnessed or been involved in poor client- consulting engagements. Often the root cause of poor end results within this process stems from a poorly structured engagement briefing process – my lumpy gravy.

This creates the effect of creating many problems in delivering back not the best advice or solution to the real problem, offering up the lashings of whipped cream to cover up the bland solution dish underneath.

The engagement process does still rankle for me as it causes many of the difficulties and tensions within the emotions that many projects seem to swing through – trusted and distrusted — loved and despised — all in equal measure where many variations could be reduced with a little thinking and challenging.

Avoiding some of the pitfalls

So I thought I’d take a look at some of the problems within the client – consulting engagement process that can mask what is really lying underneath.

Finding our true purpose

By @paul4innovating November 14, 2013Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Fresh thinking, gaining innovation momentum, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

Finding True Purpose Don’t let anyone tell you it is easy to run your own business, it is far from that. I thought I’d write about what and where it has meaning for me in this “finding our true purpose”.

Here are some of my thoughts, some a little raw, others well-baked, even some half-baked!.

Running your own business is full of uncertainty, doubt and risk. Equally, though, you have a level of independence and this does permit you to respond quickly.

It can offer higher degrees of flexibility, allows you to pursue what you think clients really want, not what others above you are imposing as template solutions, or their personal views.

Finally, you can explore the options to deliver, as in my case, services, in your own unique style that often work far better for clients needs.

You are not accountable to anyone, apart from the wife and the bank manager, always looking a little harder at you, that small business owner needing to deliver.

The transforming tide in digital for innovation.

By @paul4innovating November 6, 2013Achieving innovation engagement, Advancing innovation, amplifying the innovation signal, Foster Performance, gaining innovation momentum, Integrated Innovation Thinking, Leading innovation, Shifting dynamics in innovation, Tackling innovation

Can you imagine the CEO sitting opposite the consultant, explaining the organization’s present difficulties to regain growth.

They explain no matter what they are doing through the existing practices and the assorted business approaches they have taken for many years, they still seem to be ‘treading water’ or even losing ground. They are beginning to worry seriously about their future.

The consultant has heard this already so many time before across many worried organizations. He looks right into the CEO’s eyes and (sort of) snarls back: “You can run but you can’t hide”. This was a famous quote attributed to Joe Louis before one of his boxing fights back in 1946.That might get a CEO’s attention! We are in a digital transformation evolution.