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Recognizing the different capabilities to develop and grow

A firm’s ordinary capabilities are the ones that enable us to perform efficiently and effectively, those essential routines and practices that often require having a high level of technical need supporting these activities.

In contrast, dynamic capabilities are those higher level competencies that determine a firm’s ability to integrate, build, and reconfigure both the resources and competencies to possibly shape, have the power to transform and then be deployed to meet rapidly changing business environments to take advantage of these changing conditions.

Recognizing the importance of Dynamic Capabilities

Dynamic capabilities are about selecting the right things to do and getting them done, while ordinary capabilities are about doing things right. The former implicates dynamic efficiency, the latter static efficiency.

Continue reading “Recognizing the different capabilities to develop and grow”

The Value in Personal Innovation Learning Journeys

If you don’t have time, how can you learn? We are in need increasingly, of faster understanding, to quickly learn or resolve an immediate need, or we have this determination or essential requirement within our innovation role to deepen our knowledge and understanding of innovation. These are usually split into two parts, called are “micro or macro learning opportunities”.

The value of having an innovation guide, mentor or coach helps you accelerate through both these needs and learning opportunities. I see four points of value, my value proposition, if you like, for you to achieve personal innovation growth: Continue reading “The Value in Personal Innovation Learning Journeys”

Fitting understanding into the innovation puzzle

Formalizing a new Innovation learning-as-a-service is complicated, far more than I originally thought. Still, a certain course has been set and it is now working through much of its structure, learning much myself on the way to fit this within the innovation puzzle we all have.

When I was thinking through this concept I fell back onto one of my most valuable techniques to work through, clustering a set of questions and capturing all the different thinking through the use of Mind Mapping techniques. Such a valuable tool.

A selection of maps that included: what a curator can do in innovation, of painting a picture of a strong advocacy practice, of working through a guiding approach, the need to reflect on the whole facilitation process, etc., and each brainstorm takes a time to work through, build and formalize. The end result becomes a much richer landscape of what I can offer and what equally might be needed. Continue reading “Fitting understanding into the innovation puzzle”

Bringing final ideas to market – the hard part of innovation

Bringing Ideas to Market

It seems so simple doesn’t it – “bringing final ideas to market”. So easy to say, yet it does seem so very hard to achieve. Everything we should be aiming at is ‘successful execution’, it’s the last, hard five yards of all the work that went into something, which can be finally realized and come to ‘commercial life’.

Here in Europe it is often suggested that “Europe is the cradle of creativity”, perhaps but I think the “United States is the crucible of innovation”, it forges ideas and takes them to market far better. In the US there is this powerful push to make money far more and to realize innovation, as clearly you must focus on the ‘making money part.’ Continue reading “Bringing final ideas to market – the hard part of innovation”

Defining Innovation Capital

My definition of what makes up innovation capital:

“Innovation capital is the sum of all that promotes the development and changes required for achieving innovation outcomes, within one organization or its broader networked environment, for marketplace advantage”

“These are made up of the resources, processes, knowledge, and capabilities, that are constantly evolving and highly dynamic to build greater innovating capacity.”

“These build upon the capabilities of ‘sensing, seizing and transforming’ to build new capital that focuses more upon the dynamics within innovation, that provide the true value creation in successful outcomes in the final product, services or executing within business models”

We need to value both “stocks and flows” in equal attention to build innovation capital

The ‘stock’ of innovation capital can render different productive value outcomes, is a bundle of the firm’s resources/assets and holds the renewal capabilities and they possess attributes that make it a “strategic asset”

Innovation capital is made up of many different assets that are often context specific, and interconnected and this makes it hard to build without taking a broader, more holistic approach to developing your capabilities, capacities, and competencies to innovate. You ‘map’ and align these to fit your strategic goals and aspirations.

Continue reading “Defining Innovation Capital”

A really worthwhile report on Innovation not to be missed from Innovation Leader.

There has just been a highly useful benchmarking report released by Innovation Leader with KPMG LLP sponsoring this and providing some of their collective insights into the different aspects of “Benchmarking Innovation Impact 2018″

At present, you can download the report before it might slip behind a paywall at some later stage. I would take advantage while you can. The report provides insights from 270 innovation, R&D and strategy executives and considerable work on structuring the conclusions in highly thoughtful and valuable ways to the reader.

If you are not familiar with Innovation Leader, they were created to be a growing and essential resource for innovation, especially in the bigger organizations. It has a more specific focus on the US scene but much of what it has found is universal in my opinion. It’s editor and Co-Founder Scott Kirsner (editor@innovationleader.com) and his team are building a great point of reference and meeting point for innovators to exchange and learn from each other. Maybe you should join?

Why do I think the report is well worth you investing time to read? The report provides an excellent document that enables good discussions to be drawn from the benchmarking of many organization, to compare with your own organization. The report is laid out into four parts: 1. Creating Strategic Alignment, 2.Funding Innovation, 3 Delivering Impact and 4 Moving forward.

It offers up great suggestions on tactics, relationships and obstacles you can face in any sort of innovation program, be it an early forming one or at a more mature stage. It can allow you to communicate and suggest the needs for a new innovation approach where you need others involved but they would expect to see a validation. This report helps in all these and much more.

I am going to just focus on three parts that really caught my eye Continue reading “A really worthwhile report on Innovation not to be missed from Innovation Leader.”

Learning Platforms and Personal Learning Pathways

My mind has been swirling around the significant changes taking place around learning. Not just in the time we have available, suggested recently as 25 minutes per week to stop and learn but in the variety of ways we can learn. Clearly, many of these are digital to construct, so as to apply the more modern design process that works for each of us individually, at our time of need.

I have been struck by the emphasis on personal learning and development. We still get very caught up in the need for scale yet it is the ability and flexibility to design these to our individual pathway that becomes “the order of the day”. The constant struggle is for each of us in simply stopping to focus, finding the time and the last thing you can afford to do, is take an ad-hoc approach to this, it needs a structured design.

This is where external facilitation might help Continue reading “Learning Platforms and Personal Learning Pathways”

The world is working within increased complexity, are you?

The challenges of managing in today’s worlds are tough, very tough and demanding. It is so volatile, potentially disruptive and full of risk. Organizations are simply struggling to shed their clothes in the 20^th century and find a way to smoothly manage to become more adaptable and agile in form. They are adjusting to offer consistent responses to instability in the most effective ways, to keep adapting to the consistent market challenges, and in so doing profiting from meeting that latest challenge or disruptive opportunity.

The problem is you simply can’t manage this smoothly, it will be highly disruptive as the organization re-equips themselves and learns, often in the hardest way possible, through failure, through experimentation, through risk-taking. Innovation is increasingly seen as the pathway forward in capturing growth and grabbing any advantage, even if these are increasingly transient. Yet as we look towards building our innovation capabilities we need to work in totally different ways and see ‘things’ in new ways.

Innovation in itself is also a force of instability and we need to find ways to embrace much of its uncertainties by understanding its dynamics. We need to have a major shift in our organizational thinking, needed to find the appropriate new balance within those dual ‘tensions’ of ‘stability’ through efficiency, with its opposite, ‘change’ driven by innovation. It is these dynamic forces within the world we work that need us to respond by building that capacity for managing those ‘dynamic’ innovation capabilities, that today’s markets are requiring and organizations are needing to master.

Continue reading “The world is working within increased complexity, are you?”

Reworking our middle to achieve a new innovative shape

Reworking our middle

Let’s admit it; our middle management needs a radical makeover, a new fitness regime to make us far more innovation fit. Most organizations do need to change their middles as they are far from that ‘fit for 21st-century purpose’ in a constantly changing, challenging, more open innovating world.

Here is a way to “flip” this around but lets first recognize the problem(s)

The general argument goes that the middle manager is so pressured to focus on the delivery of short-term results that all their efforts are centered far more on delivering ‘just’ an effective organization, one that focuses on driving out any excess or leeway, reduce the variations, constantly dampening down potential risk and uncertainty. Continue reading “Reworking our middle to achieve a new innovative shape”

Building a Strong Innovation Advocacy In Practice

I have been a strong champion for innovation for a number of years. It has become my overriding passion, interest, and source of inspiration. I research continuously in this area, as innovation is restless, it never stays the same, it is always evolving.

My worry though continues, innovation gets treated often as an add-on, often overridden, to the more established practices within organizations. Innovation does need a different mindset, metrics, and operational practice to be able to yield its true potential.

I have been thinking for some time about the advocacy of innovation, turning my intent into purpose and positioning, by becoming a more dedicated source of essential knowledge for innovators as a guide, mentor, and catalyst for accelerating performance.

The timing now seems right so to launch this dedicated posting website under http://www.guide4innovating.wordpress.com

My intent derives from four beliefs I can offer something of innovating value to others

To be known for knowing something and contributing this into your thinking
Having a clear independent expertise in innovation allows for ‘degrees’ of freedom
A wish to be a “go to” trusted authority drives my level of performance
Being seen as a specialist for innovation understanding can be a real catalyst to you.

My purpose and positioning has five points of innovation value

The wish to unlock the knowledge within and add even more to yours
To find and set the true purpose and rhythm of innovation for clients
My ability for assessing capabilities, capacities and designs to innovate
A belief that coaching, mentoring, guiding and advising accelerates innovation
I can differentiate, determine and deliver innovation to specific needs

I see many areas of innovation activity that are managed poorly, where the linkage has not been fully established and it often remains sub-optimal. Innovation is a distinct management practice and does need this strong advocacy that I wish to bring to the table on behalf of clients, ones that want to accelerate their innovation understanding and performance and achieve those higher returns that are available to them, if they invest the time and commitment.

I really think I can help! Can I catalyze your thinking?

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