Balancing fluidity and stability

I would argue for new management practices that need to be evolved to deal with digital, disruption and rapidly changing conditions on a consistent basis. Our high levels of rigidity and linear thinking need changing

One of the most critical ones is the degree of fluidity we can achieve in ourselves and our organizations, this will significantly help us to adjust to a changing world, more dynamic, requiring us to be constantly adaptive, with information coming at us at an ever-increasing speed, that needs assimilating, transforming and embedding as new knowledge.

Innovation Formula- Intensity and Purpose

The Innovation Accelerator Model Formula by Agility Innovation

The innovation accelerators model – I often am coming back to this as the formula for building intensity into your innovation activity.

I have been arguing that you can have a unique model for some time. I think the way I have it structured is it is a formula for an innovation acceleration model.

I think it is worth working through, it seems to move with the times of what we need to focus upon.

Risk Aversion Makes Us Feel Ordinary

When did we lose the appetite for risk? Innovation is suffering badly from our present risk adverse approach. Risk-taking has become threatening, we are all ‘fixated’ on covering all the downsides of risk, looking more at the possibilities of loss and less so at all the possibilities of success

So, we end up with “mediocre work within a mediocre company” yet it was not previously like that. Risk aversion had become dominating and the organization’s leadership was signaling “they were really more comfortable being ordinary”.

How does that square off with “we want to be highly innovative, it is important to us, our growth and delivering ongoing value to our shareholders and to our customers depends on us being innovative”.

Extreme Edges- Tough Choices

Within our present business, we are being many ‘transforming’ questions around technology. For instance, the cloud asks a lot of questions for us to determine and decide what ‘resides’ where, what stays inside, what can be dispersed out. Decisions we make will alter our performance ability and how we compete, how we connect and interact.

Are we smarter, can we download the software seamlessly, can we determine what data stays where? What is valuable, what is not, can we layer on increasingly complexity but at the same time strip away unnecessary activities or analytics?

Each of us is making tough technology-related decisions that will determine our abilities to evolve or simply fade away due to this set of evolutionary questions we are all facing.

The Impact Needed From Innovation

The shifts taking place around innovation have been significant in their impact

There is a lot changing in and around innovation, are we accounting for it as much as we should?

The shifts taking place around innovation are been hugely shaped in how digital transformation continues to grow in its importance. How it is influencing much that is surrounding innovation, as it continues to disrupt in faster, demanding ways, where it deconstructs.

It is forcing us to reconstruct our innovative thinking, so as to gain from all this transformation occurring all around us.

Doesn’t the innovation needle keep shifting constantly

Shifting the Needle

Often we are guilty and ignore many of the constants that are required to be overcome in our innovation organizations. We need to ‘set in place’ many aspects of innovation to work. I call these those anchor points, otherwise, we often are simply increasing the layering on, more and more, not giving enough emphasis on how to integrate these into a newly emerging practice of innovation that builds on a solid foundation. Let’s reflect on the changes occurring innovation.

The basics of innovation still form around building the engagement, leadership, and involvement, in constructing a culture, the climate and environment needed, so as to allow innovation to evolve and thrive. Then there is that need for constant investment in people, in our networks and relationships, that all need to come together. These are the foundation to build innovation capacities.

Time-starved, innovation lacking

Today most executives seem to be time-starved. They are constantly reacting to daily events, for fix focusing and fixing short-term performance. This applies to the top executive down to the most junior.

It just seems to me they simply don’t have this luxury to think.

Technology is rapidly taking over this thinking role. We are being deluged by social media that constantly become smarter on your clicks to give you the information to help you in your daily lives.

Yet it is not helping us to really think, we often are simply not connecting the dots, we are chasing the moving dots.

Our present dilemma- the dual need for stability and to increase our fluidity

We are caught in two states- a need for stability and a need for fluidity. We need to be adaptive, agile and responsive. Often we are trapped in the oncoming ‘headlights’ like a deer caught out crossing the road at night. The deer momentarily ‘freezes’ and we seem so often to be equally caught in this dilemma in our innovation’s creation capabilities

Today our organizations are still far too rigid, they are not adaptive or agile enough to really exploit innovation to the full, they are not responsive to the changes occurring constantly in fluid and dynamic markets.

We stay trapped in the established way of thinking. Organization’s struggle with this organizational constraint imposed by the singular, or dominating pursuit of efficiency and effectiveness at the cost of ‘fluidity.’

Using the Three Horizons Framework for Innovation

Three Horizon Practice Steps
http://www.iffpraxis.com/3h-approach A great foundation source on the 3H

We so often struggle to articulate our innovation activity and they can’t project our plans into the future inconsistent and coherent ways. 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.

To become increasingly alert to social shaping, as well as emerging technology and discoveries that might lead to new horizons, we need to connect our ‘today’ with ‘possibilities’ in the future.

Pathways to our new innovation future

Ecosystems and Platforms are our pathways to our innovating future

Ecosystems have suddenly become of age. They can be formed around common concepts fairly rapidly, they can enable cross-cutting innovation to be delivered in highly collaborative ways.

They can, through shared platforms, achieve a closer relationship with the customer, to understand their needs and experience through increased collaboration, and engagement.

Connecting and collaborating opportunities for business seem to be powerful networks of value-adding effect, for finding new economic opportunity. This calls for some radical rethinking of the existing business and deciding the design of the future business.