<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Innovation needs to resolve - Building Your Innovation &amp; Ecosystem Intelligence</title>
	<atom:link href="https://thinking4innovators.com/tag/innovation-needs-to-resolve/feed/" rel="self" type="application/rss+xml" />
	<link>https://thinking4innovators.com</link>
	<description>Bringing my thinking and solutions to your business problems</description>
	<lastBuildDate>Fri, 26 Dec 2014 10:01:59 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.0.1</generator>

<image>
	<url>https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2025/03/cropped-Innovation-Ecosystem-Intelligence.jpg?fit=32%2C32&#038;ssl=1</url>
	<title>Innovation needs to resolve - Building Your Innovation &amp; Ecosystem Intelligence</title>
	<link>https://thinking4innovators.com</link>
	<width>32</width>
	<height>32</height>
</image> 
<site xmlns="com-wordpress:feed-additions:1">192475262</site>	<item>
		<title>My innovation wish for 2015</title>
		<link>https://thinking4innovators.com/my-innovation-wish-for-2015/</link>
					<comments>https://thinking4innovators.com/my-innovation-wish-for-2015/#comments</comments>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Fri, 26 Dec 2014 10:01:59 +0000</pubDate>
				<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[amplifying the innovation signal]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[Fresh thinking]]></category>
		<category><![CDATA[Improve Collaboration & Communication]]></category>
		<category><![CDATA[innovation execution delivery]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Molecules]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[Adpative systems for innovation]]></category>
		<category><![CDATA[innovation management needs]]></category>
		<category><![CDATA[innovation management outlook]]></category>
		<category><![CDATA[Innovation needs to resolve]]></category>
		<category><![CDATA[software for innovation management]]></category>
		<category><![CDATA[sustaining innovation]]></category>
		<category><![CDATA[sustaining models of innovation]]></category>
		<category><![CDATA[systematic innovation]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=9502</guid>

					<description><![CDATA[<p>I would like to see emerge a different ‘sustaining’ capacity built around innovation as the continuous core, constantly evolving, adapting, learning and adjusting, in perpetual innovation motion. A truly integrated innovation solution that sits in our organization to allow innovation to be fully leveraged and exploited. We need to recognize innovation has many touchpoints and &#8230; <a href="https://thinking4innovators.com/my-innovation-wish-for-2015/" class="more-link">Continue reading<span class="screen-reader-text"> "My innovation wish for 2015"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/my-innovation-wish-for-2015/">My innovation wish for 2015</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><a href="https://paul4innovating.files.wordpress.com/2014/12/2015-innovation-wish.png"><img data-recalc-dims="1" decoding="async" class="alignleft wp-image-9505" src="https://paul4innovating.files.wordpress.com/2014/12/2015-innovation-wish.png?resize=268%2C172" alt="2015 Innovation Wish" width="268" height="172" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/12/2015-innovation-wish.png?w=506&amp;ssl=1 506w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/12/2015-innovation-wish.png?resize=300%2C193&amp;ssl=1 300w" sizes="(max-width: 268px) 85vw, 268px" /></a>I would like to see emerge a different ‘sustaining’ capacity built around innovation as the continuous core, constantly evolving, adapting, learning and adjusting, in perpetual innovation motion.</p>
<p>A truly integrated innovation solution that sits in our organization to allow innovation to be fully leveraged and exploited.</p>
<p>We need to recognize innovation has many touchpoints and a myriad of dimensions that need to be aligned and integrated. I genuinely believe we need a solution provider, who takes a more holistic view of innovation management that can make a significant advancement on where we are today, in our processes and systems.</p>
<p>These need a total integrated solution as the approach. this has its complexities in the challenges but we do have the potential through technology deliveries, platform constructs, and using the flexibility and adaptability found in the cloud.</p>
<p>If we combine these technology enablers with our innovation management understanding, then we can begin to construct this systematically and thoughtfully. It is very achievable and necessary for our organization&#8217;s abilities to absorb and translate knowledge into innovative growth, something missing for many.<br />
<span id="more-9502"></span><br />
Innovation is certainly one of those in need of a real concerted effort to bring our approach to the management of innovation up to date within our enterprises, to make it more inclusive and that can I believe come far quicker through delivering it across the organization and all their partners by operating within the cloud.</p>
<p>An Enterprise Innovation Process (EIP) that is highly visible, agile and core to the organization&#8217;s future, seen by all, used by all and truly valued by all, as integrated and highly valuable to engage with.</p>
<p><strong>The formal management of innovation is not resolved today, it is a collection of pieces.<br />
</strong><br />
To quote these statistics from an Innovation Leadership Study in March 2012 for example:<br />
• *Only 30% of respondents agree they have an effective organisational structure for innovation.<br />
• *45% do not have a well‐defined governance structure for innovation.<br />
• *40% lack clear roles and responsibilities for innovation.<br />
• *39% state they do not have an effective decision‐making process for innovation.<br />
• * 54% of those surveyed indicate they do not have a formal KPI system for promoting innovation.<br />
• *49% are not having a well‐defined process to prioritize and allocate time and funding to innovation projects.</p>
<p>If innovation management can be integrated into the organizations systems, I would suggest many of the current problems and frustrations we face today, in our innovating efforts, in barriers and issues surrounding innovation, might begin to melt away or change the existing unsatisfactory result game of today.</p>
<p>We need to strive towards making a more radical attempt at integrating innovation into our systems and structures. It is needed, as we need to all engage through innovation far more, to tackle growing issues and problems that are complex challenges that really need integrative thinking and connected processes.</p>
<p><strong>Making the business case</strong></p>
<p>Innovation management today is often standing outside any integration structure.  Some people, I am sure, would argue that it should do, yet I do often see and certainly feel innovation is often missing the critical top management line of sight and suffers accordingly.</p>
<p>Often this is in numerous resource constraints that ate becoming a real performance drag against expectations. To resolve this and many other issues innovation needs to be more central in core process thinking and managing throughout the entire organization.</p>
<p>• Often Innovation runs counter to repeatable processes; it needs to leverage this ambidexterity of having access to all that makes it adaptable‐ nimble, agile, constant change, and experimentation, prototyping tailored to explore incremental innovation in faster, more flexible ways.</p>
<p>• Alongside this to allow for more radical innovation that taps into greater needs for mobility, usability, elasticity and yet still be aligned to leverage, exploit and maximise opportunities needs to run in parallel.</p>
<p>We need not just a new innovation management system; we need to build this on a modern engagement platform. As constant change happens we will need to accommodate new technologies and its realization of enterprise value will need an even greater evolution than ERP, the present backbone of organizations.</p>
<p>We need a new outward-focused orientated system that can be delivered through this suggested Enterprise Innovation Planning (EIP) system.</p>
<p>As outlined earlier here, to achieve this I think we must go cloud‐based, agile, and moving towards having a more ambidextrous organization design for innovation.</p>
<p>This will help innovation to break out of the existing constraints and linear approach we have given it as its present straight jacket.</p>
<p><strong>Integrating the innovation process and system is needed more today than ever.</strong></p>
<p>We are in a really evolutionary period, with the explosion of change taking place in the post‐digital world of cloud, big data, social and interconnected devices. External insights and Intelligence will not become Enterprise knowledge that flows without real, deep integration.</p>
<p>Receiving the knowledge alone will not turn these into ‘higher scales, richer, more innovation business outcomes’ that have real growth value, unless we realize the massive ‘mismatch’ between digital flowing in and the physical attempting to cope with this.</p>
<p>The discovery of insights from all this embedded intelligence, social activity and data analytics is leading us to potentially manage a significant wave of new innovation opportunities from this growing digital knowledge and activity.</p>
<p><strong>Insights and ideas will form a real log jam attempting to enter the innovation pipeline</strong></p>
<p>As it stands I can see a potentially damaging build‐up, or a log jam of promising concepts all desperately trying to work themselves through the innovation funnel.</p>
<p>Either decisions or the existing disciplines have to be radically altered, where we take on a much higher risk profile to enable these to move from idea to finished product or new service, or we accept the consequences of different failures, growing frustrations or variable revenue metrics against the cost invested.</p>
<p>The innovation pipeline today is very manual; it will always need human intervention, in decisions, in inputs, in what is communicated, and what is approved or dropped. Yet innovation often gets far too weighed down by the wrong type of human intervention.</p>
<p><strong>What changes are needed, who will be willing to invest in this radical redesign of the innovation system?</strong></p>
<p>It is through searching for and seeking engagement in the ‘wider’ world we will begin to make greater connections and receive potentially enormous amounts of (raw) data, about interactions, performance, possible issues and connecting that previously fragmented and dispersed information, through analytics so it can be turned this into emerging valuable knowledge.</p>
<p>Innovation needs a radical redesign and update to accommodate the changes occurring in the present digital evolution of mobility, social and big data.</p>
<p>• We will need to transform much within our systems but more importantly to orientate our skills to receive, translate and diffuse new knowledge, in significantly different ways.</p>
<p>• It is through this combination of people and ‘things’ connecting into our businesses that we will be able to extract new observations, to give us insights that can lead to completely different innovation opportunities.</p>
<p>• Market trends are changing faster and becoming shorter, so opportunity windows are narrowing. Risks of missing out are constantly increasing for those who are not focusing intently on that critical ‘time to market’ and not constantly streaming their innovation system, looking to automate it where ever they can.</p>
<p><em>Today we are still too reliant on manual systems for much of our innovation work.</em></p>
<p><strong>What is needed is to push the thinking on how to automate the innovation process even more.</strong></p>
<p>We need to think about our innovation system designs a whole lot deeper to allow these new digital technologies and the insights to be worked through the innovation process.</p>
<p>Speed is becoming ever more important, for new solutions to be turned out to the other end as new innovations.</p>
<p>We need to design a complete innovation system otherwise we will be investing in a front-loaded area alone, limiting digital impact and that will not deliver the power of actual growth expected or needed from our innovation activities so as to deliver new valuable outcomes.</p>
<p>Approaching the innovation process holistically would certainly help instead of bolting further onto our present ways as our innovation challenges become even more complex.</p>
<p>Offering an Enterprise integrated solution would really offer innovation and its management a real opportunity to become fully embedded within our organizations.</p>
<p>Innovation gains a real line of sight and across organizational engagement to move closer to its promise of delivering sustained growth, new business and impact.</p>
<p>So it would be a real achievement if we saw real hard physical evidence that innovation was moving towards this integrated system in 2015, so our Enterprises can leverage all the knowledge and insights that can be harnessed into new innovation growth.</p><p>The post <a href="https://thinking4innovators.com/my-innovation-wish-for-2015/">My innovation wish for 2015</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
					<wfw:commentRss>https://thinking4innovators.com/my-innovation-wish-for-2015/feed/</wfw:commentRss>
			<slash:comments>1</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">9502</post-id>	</item>
		<item>
		<title>Plan your innovation resolutions early for 2012</title>
		<link>https://thinking4innovators.com/plan-your-innovation-resolutions-early-for-2012/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Fri, 14 Oct 2011 14:12:16 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[amplifying the innovation signal]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[Foster Performance]]></category>
		<category><![CDATA[Fresh thinking]]></category>
		<category><![CDATA[gaining innovation momentum]]></category>
		<category><![CDATA[Improve Collaboration & Communication]]></category>
		<category><![CDATA[innovation execution delivery]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[Alignment of Strategy and Innovation]]></category>
		<category><![CDATA[Innovation needs to resolve]]></category>
		<category><![CDATA[Innovation touchpoints]]></category>
		<category><![CDATA[Obstacles on innovation]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Roadmap for Innovation resolution]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=1910</guid>

					<description><![CDATA[<p>For many October is the peak month for bringing together their strategic and operating plans for 2012. Meetings get frantic, issues get raised, and plans get drawn up, rejected and redrawn. The period becomes a fever pitch. Where does innovation figure within this? In new products, new services and plenty of noble entreaties to adding &#8230; <a href="https://thinking4innovators.com/plan-your-innovation-resolutions-early-for-2012/" class="more-link">Continue reading<span class="screen-reader-text"> "Plan your innovation resolutions early for 2012"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/plan-your-innovation-resolutions-early-for-2012/">Plan your innovation resolutions early for 2012</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>For many October is the peak month for bringing together their strategic and operating plans for 2012. Meetings get frantic, issues get raised, and plans get drawn up, rejected and redrawn. The period becomes a fever pitch.</p>
<p>Where does innovation figure within this? In new products, new services and plenty of noble entreaties to adding to the growth I am sure. One aspect you might want to consider within all this activity and planning is to <strong>develop a resolution list</strong> of issues that need resolving.</p>
<p>I mean really, <em>finally, actually </em>resolving in 2012, to allow innovation to have a greater ‘hold’ on future thinking. Achieving a consensus, a clear focus, and a corporate commitment is what strategic plans are about so draw up your list of innovation resolutions needed to be resolved in 2012 and commit to them within the plans. Be upfront and bold.</p>
<p><strong>Make sure you choose ‘soft’ as well as ‘hard’ innovation resolutions within any mix</strong></p>
<p>One thing I would recommend when you draw up your list. Most corporate executives find the ‘softer’ aspects of innovation harder to work through.</p>
<p>There is this certain ‘hard wiring’ that everything has to be clear, measurable and tucked away  in the accounts or &#8216;ticked off&#8217; in each person&#8217;s mind.</p>
<p>Softer aspects of innovation often don&#8217;t conform to this orderly view of the world and it is addressing this inconsistency &#8216;head-on&#8217; has great value.<span id="more-1910"></span><br />
As anyone working across innovation challenges can recognize, it is the intangibles, the softer aspects of innovation, that make it truly work, so my recommendation, make sure you embed these softer ones within any set of innovation resolutions.</p>
<p>Eventually more people become comfortable these ‘softer’ aspects are critical to focus upon as they become strategically established and it makes the job of any person engaged in innovation a little easier that it is recognized.</p>
<p><strong>Here are 9 innovation areas that might need your resolution for better outcomes in 2012.</strong></p>
<p>These 9 struck me as issues that are causing problems for innovation but please don’t let me stop you making your own list, but all I ask you is please make sure you have not forgotten them by the end of January. These resolutions should be strategic commitments to really work upon to fully resolve.</p>
<p>Raise them, talk about them, get them agreed as important to resolve and build them into your strategic plans for 2012, along with the required actions, resources and thoughtful solutions to delivering on these.</p>
<p>&#8211;          There is this urge to keep <strong>forcing change on the client</strong> with new products and services. We are in really different economic times at present and they might find these as difficult to accept so working out ways for extracting value from <strong>their need for a ‘steady state’</strong> can provide different innovation opportunities such as adding services to a product.</p>
<p>&#8211;          The recent emphasis has been on <strong>finding the ‘disrupting’ application</strong>, <strong>product or business mode</strong>l, nothing is wrong with this to change existing markets or move into new segments. There are many <strong>other ‘types’ of innovation to explore</strong> which might actually not be as equally disruptive to you. Disruptive approaches are often fraught with risks for you and this might not be the time for this strategy anyway, explore the others to contain risks in volatile times. Learning about the <strong>significant differences</strong> in required competencies and approaches for each type of innovation will provide for a <strong>greater dimension </strong>to your future innovation activities and your ability to deliver on these.</p>
<p>&#8211;          Establishing <strong>a more ‘listening culture’</strong> so you can discover far more about the issues effecting your customers, your employees so you can adjust your innovation offerings to cater for a more exact need. This can be a really powerful competitive advantage. There is a lot to absorb in this, from social media to CRM and through learning and experimenting. Raising this up within a resolution need for 2012 would be strategically important for your organizations future to really define and structure.</p>
<p>&#8211;          We struggle to <strong>leverage the tools that are available for finding new opportunities</strong>, be these at the discovery stage or in market research. By exploring the array of tools that are available for spotting trends, needs or unearthing the next big opportunity you can leverage and exploit these different techniques allowing a deeper appreciation of their value. Also one positive outcome is to have established a greater toolkit of techniques to take forward.</p>
<p>&#8211;          Downturns are really good times to <strong>get rid of some of the ‘legacy’</strong> within your organization, to finally recognize older systems, flat file repositories for managing innovation, idea management systems can be reviewed and you re-position yourselves with some incredibly nimble, low cost, highly flexible systems that are available through <strong>a Web 2.0 approach</strong>. This can greater advance a more integrated flow of ideas to concepts through product life cycle management approaches and cloud management. No time is lost in learning and experimenting with these in pilot, <strong>beta testing environments</strong> so you can be well-positioned to justify new expenditures based on these ‘investments’.</p>
<p>&#8211;          One of the biggest issues for me is the continued <strong>lack of innovation alignment</strong> <strong>to the strategy</strong> within organizations. A recent report suggested that anywhere from 25% to 50% of your organization’s time and effort is being spent on tasks that don&#8217;t fully align with the corporate strategies. If innovation folks don’t understand that their efforts are <strong>not really contributing to the strategic goals</strong> then you should be concerned. I would suggest fixing this potential ‘unproductive loss’ is a great resolution to pursue.</p>
<p>&#8211;          When is <strong>the right time-frame for innovation delivery</strong>? Next quarter, next year, in three years or in what period. Setting about establishing that innovation simply does not conform to annual financial calendars and needs to be accounted for differently would be an incredible, potentially internal breakthrough point. Having this on your resolution list to ‘crack’ through extensive internal discussions so as  to allow innovations to move within its more <strong>natural discovery through to the right delivery cycle</strong>. Far to often it is being shoehorned into an unnatural calendar that limits the original concept and compromises the potential result, that could allow for delivering more game-changing innovation would be a dramatic recognition.</p>
<p>&#8211;          The question still remains for many organizations of when will innovation will be <strong>totally embedded in the psyche of the C-level corner office</strong>. Spending dedicated time and efforts for the numerous C-level executives to finally ‘get it’ so they move from emerging to emergent would solve one of the biggest innovation inhibitors faced in most organizations. Making the commitment to <strong>educate and inform the top echelons</strong> or your colleagues on a consistent basis would make a terrific resolution to steadfastly go after throughout the next twelve months.</p>
<p>&#8211;          <strong>Quantifying innovation</strong> is always a difficult ‘nut’ to crack. Again the majority of the management want everything to be measured, a return on the investment. Taking time out to delve into the different ways to quantify and establish these as the metrics to be adopted and used can put finally ‘to bed’ this perennial issue. Showing the real value innovation brings to the organization needs a real dedication in understanding. Getting to an <strong>innovation value ROI map</strong> and all that it impacts as <strong>innovation ‘touch points’</strong> can galvanise an organization hugely if they understand this. Time well invested.</p>
<p>Of course, these are just some suggested resolutions, tough ones actually but I think resolutions should be demanding on you.  I’m sure you have some of your own that should be written down and <strong>‘baked’ into the 2012 strategic plans</strong> to manage, pursue and resolve.</p>
<p>Sometimes fixing some of what you have got that sometimes does not fully work, is far better than always searching out for something new. Many of the ones suggested above really would strengthen and embed innovation into your organization&#8217;s culture.</p>
<p>Go on, adopt some innovation resolutions that need <em>really </em>fixing in 2012, I’m sure you can name a few.</p>
<p>Establish them in your strategic goals and personal commitments and then set about cascading them down and across the organization as important ones to be fixed in 2012.</p>
<p>Do plan for fixing them by drawing up your innovation resolution list and include it in any and every review.</p><p>The post <a href="https://thinking4innovators.com/plan-your-innovation-resolutions-early-for-2012/">Plan your innovation resolutions early for 2012</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">1910</post-id>	</item>
		<item>
		<title>Is innovation today expected as the panacea to solve all our problems?</title>
		<link>https://thinking4innovators.com/is-innovation-today-expected-as-the-panacea-to-solve-all-our-problems/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Thu, 16 Jun 2011 14:59:53 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[amplifying the innovation signal]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[gaining innovation momentum]]></category>
		<category><![CDATA[Innovation strategy]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[EU innovation]]></category>
		<category><![CDATA[innovation emergency]]></category>
		<category><![CDATA[Innovation needs to resolve]]></category>
		<category><![CDATA[innovation solutions]]></category>
		<category><![CDATA[Innovation Structure]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=1086</guid>

					<description><![CDATA[<p>I am getting increasingly disturbed., this week two people I know and respect have been talking about the innovation effect. Is innovation the business process re-engineering of our decade; is it part of a bubble like the dot.com boom. Is innovation simply a fad and fashionable to talk up when we are in the present &#8230; <a href="https://thinking4innovators.com/is-innovation-today-expected-as-the-panacea-to-solve-all-our-problems/" class="more-link">Continue reading<span class="screen-reader-text"> "Is innovation today expected as the panacea to solve all our problems?"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/is-innovation-today-expected-as-the-panacea-to-solve-all-our-problems/">Is innovation today expected as the panacea to solve all our problems?</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>I am getting increasingly disturbed., this week two people I know and respect have been talking about the innovation effect. Is innovation the business process re-engineering of our decade; is it part of a bubble like the dot.com boom.</p>
<p>Is innovation simply a fad and fashionable to talk up when we are in the present economic uncertainties? Is innovation durable or will executives move on to new ‘feeding grounds’ as they smell that possible wind of change?  Yes, possibly, I hope not. Innovation is still a very fertile feeding ground.</p>
<p>Innovation is meant to be the catalyst of fresh jobs, new growth and leading us all out to the promise land of wealth and security. Can we place such a burden on the slim shoulders of innovation?</p>
<p>Politicians here in Europe and America are using the past tool kit of tried and tested methods to kick start their economies, restructure the mountains of debt we have accumulated and generally stimulate growth.</p>
<p>Our economies remains stuck, entrenched and resistant, even some are about to possibly plunge even further back.  So it becomes “time for playing the innovation card”.<br />
<span id="more-1086"></span><br />
<strong>Is innovation leading us to the promised land of milk and honey?</strong></p>
<p>I think we are all getting a little cynical about leaders’ motives and intentions when leaders attempt to deliver inspiring messages, many people react with scepticism, question whether leaders are just trying to work them or us even harder. It often leaves a bitter taste, not a taste of future promise.</p>
<p>Work for many has changed in its central position. It has moved from having a higher meaning and purpose as it is increasingly felt as individuals we are not really making a difference. Ah but through innovation, you can, goes the mantra.</p>
<p>The problems today are very structural and systemic. We are all being measured against past performance, against other people, against other organizations, against other countries, the messages are unrelenting. Our solution is to become more innovative. Often these are one shot solutions.</p>
<p>Do they advance us, most probably not much but we need to be measured. Do all these one shot activities help us or are they simply short term?<br />
We have also lost identification with our public leaders and our institutions. We increasingly see them as obstacles to progress; we see them as not very innovative.</p>
<p><strong>Overload and the crisis of no time to focus</strong></p>
<p>Today we are bombarded with information, with knowledge, with data 24 hours of constant streaming if we want it. We have difficulty in switching off. We constantly look for all those breaking innovation and wealth creating opportunities.</p>
<p>Regretfully we are on a horrible treadmill and asking innovation to help us get off it is not a solution. It helps, yes possibly.</p>
<p>Steve Deming wrote a series of articles on his Forbes blog, start here <a href="http://onforb.es/iQiMrr">http://onforb.es/iQiMrr</a> about the sorry state of innovation. It is depressing reading. It does seem innovation is not succeeding.</p>
<p>Can we change this, he thinks it is, yes possible but we have to radically change our thinking about innovation and its part to play in the bigger scheme of things.</p>
<p><strong>The EU announces a state of innovation emergency</strong></p>
<p>This week the European commission issued its Innovation Union Competitive Report, it is long, detailed but thankfully has an executive summary. Start here <a href="http://bit.ly/jzE7w6">http://bit.ly/jzE7w6</a>.</p>
<p>The upshot of the report, the headline is “Europe’s innovation emergency”. Innovation performance needs major improvements in many areas if (note <em>if</em>) the Europe 2020 strategy is to deliver on its promises. I don’t want to sound cynical but I just get the feeling of “no chance” will we deliver on the promises with where we are and what is facing us.</p>
<ul>
<li>Innovation delivery is tied to Innovation Union and as most people know Europe loves the idea of union. The problem today is there are many worrying signs that the dream of EU ‘Union’ is about to implode with the public financial crisis, that is not going away with the heavy dose of austerity measures needed by most. Excuse me, but how does innovation flourish in austere times, usually not very well actually. So innovation is becoming the whipping boy. Yes probably.</li>
</ul>
<ul>
<li>The EU report suggests we need to be more innovative ‘smarter’ by focusing on specialized areas of activity. The difficulty for me is many of these offer limited jobs and simply chase the ‘smarter’ qualified person. So we get some wealth creation but for a narrow band of (lucky) people and have we not just been through one of those bailouts for the banking sector? So more of the same solution as policy suggestions for innovation. Yes probably.</li>
</ul>
<ul>
<li>We are asked to invest more in research and innovation. The EU is <em>slowly </em>advancing towards a target of 3% of GDP to invest in research and development. The problem I have with this is this:  there are so many reports disputing this R&amp;D focus is the real growth area, it should be in entrepreneurial start ups. I tend to feel this seems to generate more jobs but start ups are having extremely hard time raising money from the financial institutions. We have not yet achieved a structural change to a more knowledge-intensive economy.</li>
</ul>
<ul>
<li>We are also told we have weak framework conditions that are preventing our knowledge to flow and be transformed into marketable products and services. The developed world is most likely continuing to lose ground in the exploitation and translation of innovation.</li>
</ul>
<ul>
<li>Many commentators have spoken of a new deal, to get the many back to work. This is based on knowledge and being innovative. The reality is our education system; many within our work forces are not as equipped as they need to be to make this knowledge-intensive switch. We will have to wait for significant changes in our education direction, significant upgrading and retraining of many knowledge unskilled people to make this critical change. Yes probably.</li>
</ul>
<p><strong>Innovation can be the growth stimulus, not our current tired formulas of financial bailouts as the approach.We need stimulus not proping up the weak.</strong></p>
<p>Is innovation our stimulus? Innovation remains often abstract, certainly over used, and not well understood by most people on its full force and ability to deliver but can it, when it often stands on its own and everything is expected from it?</p>
<p>Innovation is expensive to do well. It is now global and access to knowledge is essential; Innovation can also be very slow and incremental but it can be disruptive, revolutionary and amazingly quick in generating growth and jobs. Innovation is a community endeavour, it dies in silo’s and we need to increasingly find ways to wire and connect ourselves even more to leverage the collaborative nature innovation requires.</p>
<p><strong>Innovation requires resurgence and deep commitment</strong></p>
<p>If innovation can be our answer then it needs a clear resurgence. Innovation needs a place at the top table of politicians, businesses and society and not just used as the star attraction, called upon to divert our attention from all the issues that are around us.</p>
<p>Innovation can lead us out of this mess but it has to be ‘front and centre’ in its importance but it has to be fully understood. Is it by many at this time abstract and lacking the defining meaning of why innovation should be treated with importance?</p>
<p>Innovation to become part of real sustaining policy needs to be re-thought. Innovation by its nature needs to be nurtured by the process of discovery, the linking of insights for the creation and exploitation of new ideas by entrepreneurs and businesses alike and translating them into a new end result.</p>
<p><strong>Innovation is uncertain, lets simply recognize that and move on</strong></p>
<p>Innovation is by nature radically uncertain, it is very unpredictable, although Governments believe they can capture innovation activity but they don’t. We need to encourage experimentation and ideas even more; luckily we still have our creativity even if we don’t have access to the means to deliver on it.</p>
<p>This is where we should be spending our money, not in bailout of old institutions or 20<sup>th</sup> century industry models but on experimentation and exploration of the new work factory, collaborative innovation sharing, to solve our societies and planets big issues with inventions that generate a new deal that transform us away from current dependencies the planet is rapidly depleting.</p>
<p><strong>A new melting pot of delicious innovation stew</strong></p>
<p>We need to find a new ‘melting pot’ where innovation forms the central ingredient but it really does need plenty of other components or constituents to be readily mixed together to produce this elixir of new jobs, growth and wealth creation, it can’t simply stand alone.</p>
<p>It needs to change from the whipping boy to the poster boy but it needs a sea change in our thinking or it does go bust and fail to deliver on all those promises being made today.</p>
<p><strong>Innovation needs attachment</strong></p>
<p>So is innovation dead, is it about to go bust, to end up as another nice idea?  I hope not, it is durable but in a different form than we currently frame it in.</p>
<p>It is time we put innovation really to work but it has to be ‘attached’ to something specific to thrive and grow upon. It can have durability if we understand it better and invest in it.</p>
<p>It needs to be fixed firmly onto something else. We do need to do this mind shift in innovation understanding now though, we just can&#8217;t simply keep talking about it as the &#8216;magic&#8217; dust you sprinkle around.</p><p>The post <a href="https://thinking4innovators.com/is-innovation-today-expected-as-the-panacea-to-solve-all-our-problems/">Is innovation today expected as the panacea to solve all our problems?</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">1086</post-id>	</item>
	</channel>
</rss>
