Most corporations don’t understand how much change is created by innovation.
Applying the three horizon framework to innovation and change
I will always recommend this three horizon framework for shaping innovation. So much of our need to think about innovation is about managing differently the today, the tomorrow and the future, these need to be thought through in very distinct ways, to clarify the innovation levels of intensity, resources and outcomes required.
To explain the impacts of innovation and the change it creates, we’ll use an accepted framework (the Three Horizons) to consider the impact innovation has on change capabilities and business models.
Here we introduce the three horizon concept to better understand the range of innovation outcomes and the potential change requirements.
The three horizon framework has distinctive horizons for specific outcomes, management and approaching change