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<site xmlns="com-wordpress:feed-additions:1">192475262</site>	<item>
		<title>Deeper read or quick summary? Depends on the time we have.</title>
		<link>https://thinking4innovators.com/deeper-read-or-quick-summary-depends-on-the-time-we-have/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Wed, 14 Oct 2015 13:57:01 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[Improve Collaboration & Communication]]></category>
		<category><![CDATA[Innovation strategy]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Sustainability]]></category>
		<category><![CDATA[absorbing innovation knowledge]]></category>
		<category><![CDATA[absorptive capacity]]></category>
		<category><![CDATA[Adaptive Innovation]]></category>
		<category><![CDATA[consultants contribution]]></category>
		<category><![CDATA[deeper innovation understanding]]></category>
		<category><![CDATA[Innovation knowledge source]]></category>
		<category><![CDATA[innovation research &development]]></category>
		<category><![CDATA[knowledge and innovation]]></category>
		<category><![CDATA[knowledge flow]]></category>
		<category><![CDATA[measuring the impact of a business]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=11495</guid>

					<description><![CDATA[<p>I recently wrote a post “Finding knowledge and research to help you learn and adapt”. On reflection, I should have replaced the word “research” with “time”……time to help you learn and adapt. Finding time is a real struggle and going that extra mile to read thought leadership views, long often drawn out reports or academic &#8230; <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-depends-on-the-time-we-have/" class="more-link">Continue reading<span class="screen-reader-text"> "Deeper read or quick summary? Depends on the time we have."</span></a></p>
<p>The post <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-depends-on-the-time-we-have/">Deeper read or quick summary? Depends on the time we have.</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="section post-body"><img data-recalc-dims="1" fetchpriority="high" decoding="async" class="alignleft" src="https://i0.wp.com/cdn2.hubspot.net/hub/314186/hubfs/Blog/researching_innovation.png?resize=451%2C299" alt="researching_innovation" width="451" height="299" />I recently wrote a post “<a href="http://paul4innovating.com/2015/10/08/finding-knowledge-and-research-to-help-you-learn-and-adapt/"><span style="color: #0000ff;">Finding knowledge and research to help you learn and adapt</span>”</a>.</div>
<div></div>
<div class="section post-body">On reflection, I should have replaced the word “research” with “time”……<em>time</em> <em>to help you learn and adapt.</em></div>
<div></div>
<div class="section post-body">Finding time is a real struggle and going that extra mile to read thought leadership views, long often drawn out reports or academic papers can be a step too far, I know but I can’t help myself, it is part of my job and certainly for me, many are really worth the read in a positive end result of new learning.</div>
<div></div>
<div class="section post-body">In that post mentioned above, I was recommending Deloitte and their thought leadership as a good place to visit. Now I’m not sure how many of you actually did so I thought in this blog, to pick out a couple of &#8216;choice pieces&#8217; and make a posting summary of these, as ones that might be useful.<br />
So I’ve chosen two that challenge and break ground.<br />
<span id="more-11495"></span><br />
I certainly can’t compete with <a href="http://www.getabstract.com/en/how-it-works/howto/" target="_blank" rel="noopener">getAbstract</a> or <a href="http://www.summary.com/app/" target="_blank" rel="noopener">Soundview</a> or many others, offering the service of learning a book’s key ideas in less than 10 minutes yet hopefully the two I’ve chosen will beat the time it takes in this one read, to cover what I feel are two topical, highly relevant to many of us working in the innovation space, as important innovation thoughts to help us in the present on innovation.</p>
<h3><strong>The two thought leadership pieces I have chosen.</strong></h3>
<p>Each of these are in the field of innovation so hopefully they will be of interest and raise your curiosity to dig a little deeper, if not then you have the key insights (from my perspective) here and that should be maybe enough to become more aware.</p>
<p>The two I have decided to summarize are 1) Beyond Design Thinking and 2) Minimum Viable Transformation.</p>
<h4><em><strong>Beyond Design Thinking</strong></em></h4>
<p>Written by Larry Keeley, president and co-founder of Doblin, Inc., an innovation strategy firm known for pioneering comprehensive innovation systems and the famous “<a href="http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1118504240.html" target="_blank" rel="noopener">Ten Types of Innovation</a>”<br />
<img data-recalc-dims="1" decoding="async" src="https://i0.wp.com/cdn2.hubspot.net/hubfs/314186/Blog/ten_types_of_innovation_scale.png?w=840" alt="ten_types_of_innovation_scale" /><br />
Here he is discussing another really important system, about <a href="http://dupress.com/articles/beyond-design-thinking-business-trends/" target="_blank" rel="noopener">Beyond Design Thinking</a> and let me pick out the key thinking within this article:</p>
<p>It opens with “<em>Corporations have grown enamoured with design thinking</em>” and although the design is in the ascendance as it is powerful, effective and transformational if practised or approached right, its trend needs examining. The key to design thinking is it begins by imagining a solution that does not exist yet and then set about outlining a pathway to realizing it. Normally we make an assessment of a problem and seek to correct it.</p>
<h4><em><strong>What is at the heart of design thinking?</strong></em></h4>
<p>Design thinking has at its heart the generation of (lots of) ideas, build prototypes, trying many things, building narratives about them, test everything, do more of what works and all the time showing a clear bias for action, looking to shoot for the moon or even Mars. All exciting, motivating stuff.</p>
<p>The creep is we are beginning to make design thinking a panacea &#8211; we start believing it can fix the ‘dry stuff’, the overly rational planning approaches to optimize around predetermined and deeply analyzed market segments, we are actually abusing design thinking.</p>
<p>Larry argues here that certainly conventional approaches to planning are overdue for reinvention; design thinking is sometimes treated as superficial to truly deliver on grand expectations. It falls down attempting the wrong things or trying to fit design thinking into the events of the day.</p>
<p>Certainly I’ve seen or witnessed many brainstorming or management meetings that have asked along a design thinking expert, who pulled out of the hat, like the magical rabbit, a wondrous show to excite, determine and mostly fill an otherwise boring day.</p>
<p>We all got terribly excited until the magic wore off and it didn’t make a scrap of difference. This is not what design thinking should be for.</p>
<h4><em><strong>It is crafting analysis with synthesis</strong></em></h4>
<p>As business rushes to embrace design thinking, it does move tradecraft beyond simply plain, vanilla analysis, it does embrace synthesis that helps build bolder and more newsworthy things.</p>
<p>It can help firms build breakthroughs and contribute to the ‘genesis’ of profound insights and that alone can become the basis for an innovation team to put in the hard work of building (and validating) a breakthrough conceived through design thinking.</p>
<p>It is suggested in the article “<em>put simply, analysis without synthesis is predictable and commonplace, design thinking without deep analysis is reckless</em>.”</p>
<p>It is seeking how to do both in integrated, even dazzling new ways.</p>
<p>To quote again: “<em>when we have such highly contested markets….. it becomes a real skill to imagine a better world, make it tangible, build narratives about it and then work through the dozens of obstacles that anything new faces throughout its development”</em></p>
<p>Even more so “<em>in a world where connectivity, collaboration, interdependence and user engagement all converge to build modern integrated ecosystems, where we formerly thought of industries</em>”.</p>
<h4><em><strong>The quest is for<span style="text-decoration: underline;"> elegant integration</span> of our innovation solutions</strong></em></h4>
<p>So Larry Keeley is suggesting within this article beyond design thinking we need to find “elegant integration” as effective innovations today are more about this elegant innovation <em>of the known </em>than the primary invention of the new. This is what is driving industry transformation everywhere.</p>
<p>The road ahead for the design field is three-fold: use information deftly to manage complexity, great design is a critical catalyst and accelerator to the overall advance you seek, and you should avoid labelling design thinking, as it is really informed analysis, seamlessly synthesized into a coherent, beautiful solution.</p>
<p>That takes design thinking where it should always be heading, into a coherent, beautiful solution or successful outcome. Don&#8217;t accept anything less. Why should you?</p>
<p>As we transform taking examples like Candy Crush, Alibaba, and countless others have as their shared property that they fuse together insights that come from sophisticated analytics, with experiences that are brilliantly designed, to be easy, smart, convenient and entirely understandable.</p>
<p>That is where the power of design thinking turns products into platforms, offering deep solutions and your industry evolves into an ecosystem. It is down to getting all the parts right, needing <em>and ensuring</em> analysis and syntheses need to work together.</p>
<h3><strong>The second thought leadership piece</strong></h3>
<h4><em><strong>Minimum Viable Transformation</strong></em></h4>
<p>This is written by one of my favourite thought-leaders, John Hagel III, who has written here, with Jacob Bruun-Jensen about <a href="http://dupress.com/articles/minimum-viable-business-model-transformation-business-trends/" target="_blank" rel="noopener">minimum viable transformation</a> and he has a follow-up <a href="https://www.linkedin.com/pulse/minimum-viable-transformation-john-hagel" target="_blank" rel="noopener">article of the same name</a> over on LinkedIn focusing more on the edge to create new business value. Let me summarize the two, hopefully enough for it to make sense.</p>
<p>To succeed in today’s networked economy, businesses must participate in dynamic, evolving networks of diverse organizations. And while such networks can be difficult to navigate, they offer companies the opportunity to evolve their business models, deepen skills and knowledge, expand into new markets, and scale operations.</p>
<p>To stay viable amid accelerating change, businesses themselves must change more frequently—and in ways that use their business ecosystems as fertile ground for collaboration and transformation.</p>
<p>As an aside, I am spending increasing amounts of time on understanding ecosystems for innovation and its management, but that’s for another day.</p>
<h4><em><strong>Scaling edges that might become our new core</strong></em></h4>
<p>One method used to scale edges is minimum viable transformation. Scaling an edge is a promising arena that can showcase the potential of a fundamentally different, highly scalable business model that could even become a new core. Starting at the edge gives the transformation team far more freedom to test and experiment, and more able to learn and react quickly.</p>
<p>Here, when we are at an edge, a company pulls together the essential elements of a new business model into a barely working construct, one specifically designed to test key risks.</p>
<h4><em><strong>Acknowledging and embracing minimum viable product principles</strong></em></h4>
<p>Minimum viable products, for example, are like prototypes—except that instead of being tinkered with internally, they’re immediately thrown at the market and subjected to trial by fire.</p>
<p>So why would a company do such a thing? The minimum viable product is all about identifying flaws and working to improve them as rapidly as possible. It’s designed not as proof of concept, but to test hypotheses and unearth unknowns that could sink a new offering.</p>
<p>For companies seeking to reinvent not only their products but their business models, minimum viable transformation allows for rapid iteration on the unknowns of a new business model—anything from minute changes to operational processes to full restructuring of the go-to-market strategy.</p>
<p>At its core, it’s a strategy for gathering validated learning about individual business model elements, then assessing how those elements interact and combine to form one cohesive strategy.</p>
<h4><em><strong>The need today is to innovate at the level of the Business Model</strong></em></h4>
<p>Rethinking the fundamentals of how a business creates and captures value has become a priority, we are in a different era, the past one was of slow change and stable industries yet we still saw rapid convergence.</p>
<p>The sheer acceleration and changes in technology, customer desires and the need to build ecosystems are making the Business Model far more important to focus on than product and service innovations.</p>
<p>The problem is we are still not clear on how shifting business models is supposed to get done. Taking the trend “minimum viable product” populated by Eric Reis and his <a href="http://theleanstartup.com/principles" target="_blank" rel="noopener">Lean Start-up methodology</a> &#8211; it suggests by pulling together the essential elements of, in this case, new business models, into barely working prototype models, specifically designed to test key risks, you learn from ‘lightweight’ and readily adaptable versions of potentially new business models to take them forward or rethink your original hypothesis.</p>
<p>Both MVP and MVT are like prototypes but they are simply not passed around and tinkered with internally, they are immediately thrown at the market and subjected to trial by fire. In Eric Reis’s view it is all about identifying flaws and working to improve them as rapidly as possible.</p>
<p>This minimal approach must be specifically designed, not as a proof of concept but to test hypotheses and gain knowledge about the biggest unknowns that could sink any new offering.</p>
<p>Each change from minute operational change to global restructuring is better understood by iterative discovery but with full disclosure to customers, who surprisingly are very willing to join the journey of learning.</p>
<p><strong>This becomes a validated learning journey.</strong></p>
<p>The whole approach to this minimum viable transformation is looking for understanding to reduce the risks of large-scale change. The core principles of MVP &#8211; validate learning, rapid prototyping, frugal creativity along with thinking MVT for reducing risks, increasing understanding of scale and speed makes for a potentially appealing approach to working on new Business Models.</p>
<h4><strong><em>Why explore new Business Models at the edge?</em> </strong></h4>
<p>Focusing on “scaling edges,” allows for identifying promising “edges” for the organization, then grow that edge until it becomes a viable new core or complementary line of business. Such an approach can make it possible for businesses to reinvent themselves while minimizing potential risks—and maximizing impact.</p>
<p>An edge is a growth opportunity that has the potential to scale—so much so that it can catalyze change, eventually becoming effective enough to replace the core of the business. A true edge should align with larger trends disrupting the industry.</p>
<p>Edges involve fundamentally different business models and practices from those of the core.</p>
<p>Edges give the transformation team far more degrees of freedom to test and experiment with new approaches to evolving a fundamentally different business model.</p>
<h4><em><strong>We finish this with five guidelines for transformation on the edge</strong></em></h4>
<p>Today corporate transformations must be designed and executed quickly and routinely—not as once-a-decade events. Management teams are looking for best practices that increase speed and reduce the risk of pursuing business model innovation and change.</p>
<p>That’s where minimum viable transformation comes into play. Before diving in, management teams should consider these five principles:<br />
1. <strong>Learn how to learn</strong>. The central goal of minimum viable transformation is to learn from a true field experiment.<br />
<strong>2. Pick up speed</strong>. There’s a reason this approach starts with the word “minimum”: The learning has to happen fast. As soon as a company executes the idea it’s pursuing, it shows its hand to competitors— who will quickly respond with their own strategies.<br />
<strong>3. Embrace constraints</strong>. Much has been written about the counter-intuitive effect of constraints—they don’t foil creativity, but fuel it. It’s worth noting that the very constraints we’ve been talking about here—few bells and whistles and scarce time—take real creativity to address. At the very least, they compel a focus on the goal—the need to learn and reduce risk around the key objective.<br />
<strong>4. Have a hypothesis</strong>. To succeed, transformation initiatives must clearly articulate both the need for change and its direction. Such a statement of direction helps identify key assumptions driving the change effort (assumptions that will need to be tested and refined along the way). Leaders will also need to develop metrics that measure short-term progress.<br />
<strong>5. Start at the edge</strong>. Find an “edge” of the current business—a promising arena that can showcase the potential of a fundamentally different, highly scalable business model that could even become a new core. Starting at the edge gives the transformation team far more freedom to test and experiment, and more able to learn and react quickly.</p>
<p>In short, these five key principles can help bypass traditional barriers to transformation, ultimately supporting more effective response to mounting performance pressures.</p>
<h4><em><strong>In Summary</strong></em></h4>
<p>Both of these articles come from a significant report, the full report is &#8220;<a href="http://dupress.com/articles/business-ecosystems-come-of-age-business-trends/">Business ecosystems come of age</a>&#8220;. The notion of business ecosystems is now a crucial focal point for innovation, analysis, and strategic planning.</p>
<p>Businesses are moving beyond traditional industry silos and coalescing into richly networked ecosystems, creating new opportunities for innovation</p>
<p>alongside new challenges for many incumbent enterprises.<br />
The world is entering an era in which ideas and insights come from everywhere, and crowds, clouds, collaborators, competitions, and co-creators can fundamentally help define our shared future. The business environment is being permanently altered as a result.</p>
<p>We require the thinking of thought leaders to emphasize and point us to ideas that we can adopt, experiment with and learn to our own benefit. For this learning, you need the time to read, explore and experiment, finding that precious opportunity for those deeper reads that provide you real insight and greater connection into your world.</p>
<p>******</p>
<p><strong>Publishing note</strong>:  This blog post was originally written on behalf of <a href="http://hypeinnovation.com/">Hype</a> and with their permission, I have republished it on my own site with some small adjustments. I recommend you should visit the<strong><a href="http://blog.hypeinnovation.com/"> Hype blog site </a></strong>where they have a range of contributors writing about a wide-ranging mix of ideas and thoughts around innovation, it&#8217;s well worth the visit.</p>
</div><p>The post <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-depends-on-the-time-we-have/">Deeper read or quick summary? Depends on the time we have.</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">11495</post-id>	</item>
		<item>
		<title>Finding knowledge and research to help you learn and adapt</title>
		<link>https://thinking4innovators.com/finding-knowledge-and-research-to-help-you-learn-and-adapt/</link>
					<comments>https://thinking4innovators.com/finding-knowledge-and-research-to-help-you-learn-and-adapt/#comments</comments>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Thu, 08 Oct 2015 15:59:17 +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[Improve Collaboration & Communication]]></category>
		<category><![CDATA[innovation execution delivery]]></category>
		<category><![CDATA[absorbing innovation knowledge]]></category>
		<category><![CDATA[absorptive capacity]]></category>
		<category><![CDATA[Adaptive Innovation]]></category>
		<category><![CDATA[consultants contribution]]></category>
		<category><![CDATA[deeper innovation understanding]]></category>
		<category><![CDATA[Innovation knowledge source]]></category>
		<category><![CDATA[innovation research &development]]></category>
		<category><![CDATA[knowledge and innovation]]></category>
		<category><![CDATA[knowledge flow]]></category>
		<category><![CDATA[measuring the impact of a business]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=11489</guid>

					<description><![CDATA[<p>&#8220;The world has never been as complex, dynamic and uncertain as it is today and the pace of change will only increase.&#8221; We hear this consistently, our continual problem is trying to make sense of it. So much is coming towards us and to assimilate it and turn it into value, usable value, so we &#8230; <a href="https://thinking4innovators.com/finding-knowledge-and-research-to-help-you-learn-and-adapt/" class="more-link">Continue reading<span class="screen-reader-text"> "Finding knowledge and research to help you learn and adapt"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/finding-knowledge-and-research-to-help-you-learn-and-adapt/">Finding knowledge and research to help you learn and adapt</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<div class="section post-body"><a href="https://paul4innovating.files.wordpress.com/2015/10/learning-and-knowleodge-sharing.png"><img data-recalc-dims="1" decoding="async" class="alignleft size-medium wp-image-11493" src="https://paul4innovating.files.wordpress.com/2015/10/learning-and-knowleodge-sharing.png?w=300&#038;resize=300%2C160" alt="Learning and Knowleodge Sharing" width="300" height="160" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2015/10/learning-and-knowleodge-sharing.png?w=649&amp;ssl=1 649w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2015/10/learning-and-knowleodge-sharing.png?resize=300%2C160&amp;ssl=1 300w" sizes="(max-width: 300px) 85vw, 300px" /></a>&#8220;The world has never been as complex, dynamic and uncertain as it is today and the pace of change will only increase.&#8221;<br />
We hear this consistently, our continual problem is trying to make sense of it.</div>
<div class="section post-body">
So much is coming towards us and to assimilate it and turn it into value, usable value, so we can adapt and respond to it in new ways of opportunity by adding further to the knowledge by turning this into new innovation potential.</div>
<div class="section post-body"></div>
<div class="section post-body">Seeking out knowledge, and being proactive, partly helps as being consistently caught by surprise makes your world even more insecure.</div>
<div class="section post-body">
To attempt to keep up to date we all need to invest increasing time in acquiring a better understanding, a deeper knowledge of all the interconnected parts. Even if we are “time-starved” we simply must try and keep moving along in this understanding.</div>
<div class="section post-body"></div>
<div class="section post-body">As part of my job, advising others on all things swirling around innovation, I invest significant time in researching, learning and applying what I feel is important to others, so as to understand or at least to raise their awareness to change practices, thinking or approaches.</div>
<div></div>
<div class="section post-body">At times it all seems to come literally flooding in, overwhelming the senses, that I just have to wait and let it settle in my mind before I can attempt to process it and translate it into something of value to me, then eventually to my clients or readers.</div>
<div class="section post-body">
<div class="section post-body"> <span id="more-11489"></span></div>
<div class="section post-body">
<p class="section post-header"><span id="more-11489"></span><strong>One really rich source of knowledge comes from cons</strong><strong>ulting firms. </strong></p>
<p>The emphasis of many consulting practices has been on establishing a clear “thought leadership” approach to underpin the consulting expertise. As this is being published in more open ways, it is not just the client that is benefiting from this research or learning but the wider community.</p>
</div>
</div>
<div class="section post-body">Many of the bigger consulting companies highly value their “thought leadership”. Many are presently actively trying to quantify the impact of this thought leadership. At the clients end in a <a href="http://www.sourceforconsulting.com/blog/2014/09/21/understanding-the-impact-of-thought-leadership/" target="_blank" rel="noopener">recent survey of 400 CXO’s</a> from <a href="http://www.sourceforconsulting.com/" target="_blank" rel="noopener">www.sourceforconsulting.com</a> found that half of these rarely read thought leadership, so that automatically halves the size of the ‘market’.</div>
<div class="section post-body"></div>
<div class="section post-body"><strong><em>But yet….</em></strong></div>
<div class="section post-body">Yet, critically, of the remaining ‘active’ consumers, between 50% and 65% are surprisingly passing material on, reading more from the same firm, and so on. They are inclined to browse deeper into the website of the firm and extend their reading. But crucially, about a quarter contacted the firm concerned and, in many cases, bought services from them. It does seem thought leadership really can have a direct commercial impact. But not all thought leadership is equal.</div>
<div></div>
<div class="section post-body">The annoying thing is not the variable within the quality of reports but the constant &#8216;playing&#8217; with the delivery platforms to deliver different experiences. This means adapting more to style than content. The ones more guilty than others (one being Accenture at present) might want to go back to delivering solid thought leadership and not sound bites of thinking.</div>
<div></div>
<div class="section post-body"><strong>The really important sniff test is “<em>so what?</em>”</strong></div>
<div></div>
<div class="section post-body">One of the best sources of consulting news that focuses a fair amount on the “thought leadership” part comes from the company I mentioned above (<a href="http://www.sourceforconsulting.com/content_strategy.html" target="_blank" rel="noopener">sourceforconsulting.com</a>). They suggest “thought leadership has come to dominate the marketing activities of consulting firms, and with good cause: our research with clients finds consistent evidence that good thought leadership matters to them, too.</div>
<div></div>
<div class="section post-body">It helps them to do their job, to identify where world-class capability exists in consulting firms, and even to shortlist the firms for their projects. So “thought leadership” is becoming a highly valued part of the consulting equation.</div>
<div></div>
<div class="section post-body">As they state: given this is, or is becoming, the primary marketing mechanism for consulting firms, there is little point in producing thought leadership that leaves the reader thinking, “<em>hmmm, interesting”</em>, before tucking the report away in a drawer, never to see the light of day again or pressing their favorite &#8216;delete&#8217; button for it to vanish and never be referred too again.</div>
<div></div>
<div class="section post-body">In their research in 2014, the impact of thought leadership clearly demonstrated that one personal recommendation is much more likely to drive engagement with thought leadership than one email from a faceless firm – and much more likely to be the start of a conversation.</div>
<div></div>
<div class="section post-body">Sourceforconsulting apply their consistency test: they found firms dividing into three groups: <em>the consistently good</em> (a very small number), <em>the consistently bad</em> (a slightly larger number) and <em>the consistently inconsistent</em> (the biggest group by far). So it does seem thought leadership has some real mileage to go to get better, more consistent and in tune with client needs and the consulting practices expertise.</div>
<div></div>
<div class="section post-body"><strong>One consulting firm that I feel is doing a very good job &#8211; Deloitte’s US division.</strong></div>
<div></div>
<div class="section post-body">According to the Chairman and CEO of Deloitte Consulting LLP, Jim Moffatt:<br />
&#8220;<em>Deloitte is helping clients with their most complex challenges – how to grow globally; how to innovate; how to integrate technology and strategy; how to attract, develop and retain talent – so they can make bold decisions with confidence.&#8221; </em>I’d buy that so far on their quality of thought leadership.</div>
<div></div>
<div class="section post-body">Deloitte has set up different thinking tanks. An exceptional one is <a href="http://dupress.com/" target="_blank" rel="noopener">Deloitte University Press</a> who publishes some really good original articles, reports, and periodicals that provide insights for businesses, the public sector, and NGOs. They break down their topics into these:<br />
<img data-recalc-dims="1" decoding="async" src="https://i0.wp.com/cdn2.hubspot.net/hub/314186/hubfs/Blog/deloitte-topics.png?w=592" alt="deloitte-topics"  /></div>
<div></div>
<div class="section post-body"><strong>I thought I’d spend a little time raising your interest, curiosity and learning on the Deloitte sites.</strong></div>
<div></div>
<div class="section post-body">Within the topics that Deloitte’s focus on, there is clearly a reasonable level of cross over but let me outline some very useful thinking by briefly summarizing the ‘hot spots’ from my perspective, which may differ from your own.</div>
<div></div>
<div class="section post-body">I only touch on some points of possible interest</div>
<div class="section post-body">
<ul>
<li><strong>Business Analytics</strong> covers Data Science and Analytics. It tackles artificial intelligence and cognitive analysis. It looks at connected learning and the network approach. One good link to explore is <a href="http://dupress.com/articles/future-digital-education-technology/?top=3" target="_blank" rel="noopener">Digital Education 2.0: from content to connections.</a></li>
<li><strong>Emerging Technologies</strong> discusses <a href="http://dupress.com/articles/digital-transformation-strategy-digitally-mature/?top=4" target="_blank" rel="noopener">Why strategy, not technology, drives digital transformation</a> and also explores the value of smart devices, IoT and amplified intelligence. It covers the topic of crowdsourcing, crowdfunding and cloud solutions to scale quickly due to diminishing barriers occurring in our business world. Also trend sensing, ecosystems, experimentation and edge scaling are covered here, along with <a href="http://dupress.com/articles/tech-trends-2015-exponential-technologies/?top=4" target="_blank" rel="noopener">expotential organizations</a> looking for disruption.</li>
<li><strong>Innovation </strong>offers articles on “<a href="http://dupress.com/articles/beyond-design-thinking-business-trends/?top=9" target="_blank" rel="noopener">Beyond design thinking</a>”, written by Larry Keeley, co-founder of Doblin, of ten types fame and now part of Deloitte. They also discuss minimum viable transformation, and separately, a really interesting Editorial piece on <a href="http://dupress.com/articles/scale-innovation/?top=9" target="_blank" rel="noopener">scale and innovation</a>.</li>
<li><strong>Risk and Security</strong> is a section that covers <a href="http://dupress.com/articles/designing-security-user-experience-cybersecurity/?top=5" target="_blank" rel="noopener">cyber security</a>, global risks, choices of regulation and different governance models.</li>
<li><strong>Sustainability</strong> spends significant mileage on <a href="http://dupress.com/articles/smart-mobility-trends-study-findings/?top=6" target="_blank" rel="noopener">smart mobility</a> for many options within businesses, industries or regions of the world. It offers different thinking on options and alternatives on this sustainability question.</li>
<li><strong>CFO focus</strong> is mostly about the transitions being undertaken in Executive transitions and offers thoughts around time, talent and relationships, <a href="http://dupress.com/articles/congratulations-promotion/?top=398" target="_blank" rel="noopener">making hard choices and letting go</a>.</li>
<li><strong>Growth</strong> covers a fair amount (at present) on <a href="http://dupress.com/articles/consumer-product-trends-2020/?top=8" target="_blank" rel="noopener">consumer trends</a>, the growth and options to be considered in their different focus industries.</li>
<li><strong>Performance</strong> is hunting for that “superior business performance”, exploring this in the supply chain, value webs and platform management and in <a href="http://dupress.com/articles/how-behavioral-principles-affect-consumer-loyalty/?top=10" target="_blank" rel="noopener">business relationships</a>.</li>
<li><strong>Social Impact</strong> looks at health, aging, alternative options, <a href="http://dupress.com/articles/water-energy-food-nexus-business-podcast/?top=516" target="_blank" rel="noopener">scarcity as a podcast</a>, ‘smart’ options, commuting, ride sharing, transport options.</li>
<li><strong>Finally Talent, </strong>here you have interesting topics like <a href="http://dupress.com/articles/applying-behavioral-principles-in-workplace/?top=7" target="_blank" rel="noopener">going rogue</a> or <a href="http://dupress.com/articles/connecting-passion-and-profession/?top=7" target="_blank" rel="noopener">connect passion with profession</a>, learning, leadership, engagement, simplification and performance reinventing are nicely covered to stimulate our thinking.</li>
</ul>
<p><strong>In summary on Deloitte&#8217;s investment in thought leadership.</strong></p>
<p>Deloitte offers a diverse range of topics, depth in introducing and discussing these on a website that is modern, attractive to engage and look around, and offers numerous different filter options and sign up options. Of course, we each have our own focal points but there is increasing value in appreciating different aspects of thought leadership in quality and depth of understanding.</p>
<p>Add the <a href="http://www2.deloitte.com/us/en/services/consulting.html?id=us:2ps:3bi:confidence:awa:cons:102714:brandedconsultingrais" target="_blank" rel="noopener">Deloitte consulting arms own website</a> that covers human capital, strategy, operations and technology, it really delivers in my opinion, a highly professional impression and selection of good research in depth, ease of navigation to draw you in to find what you are looking for and that all important feeling they can add value to you as a client or researcher.</p>
<p>I rate Deloitte as one of the best in this thought leadership space, many of the other bigger consultancies are real laggards in this, which I feel is a mistake in their client / reputation / marketing mix.</p>
<p><strong>Thought leadership is really a very, very big, growing business. </strong><br />
Measuring its impact is not easy for the classic ROI yet, if you can measure the material read and then passed on; you have achieved something highly significant. The screening for value has been pre-edited so that it’s relevancy to the receiver is personally valued, sent by someone who really knows what concerns them – something even the most targeted mailings can’t achieve.</p>
<p>If those people are in the position to buy, and influence any consulting decision then that is worth millions but more importantly, allows the conversations to be on a mutual platform for deepening the discussions. Do you agree?</p>
<p>For me, it is not just the passing on but the number of yellow markers I am applying to these. That is partly my litmus test of quality, interest and learning. Yes I know, I still need trees.</p>
<p>Thought leadership is important to demonstrate today so clients can help “size and fit” the thinking with their challenges, to learn and adapt their own thinking with fresh knowledge about how the rest of the world is thinking and learning.</p>
<p>&nbsp;</p>
<p>******</p>
<p><strong>Publishing note</strong>:  This blog post was originally written on behalf of <a href="http://hypeinnovation.com/">Hype</a> and with their permission, I have republished it on my own site with some small adjustments. I recommend you should visit the<strong><a href="http://blog.hypeinnovation.com/"> Hype blog site </a></strong>where they have a range of contributors writing about a wide-ranging mix of ideas and thoughts around innovation, its well worth the visit.</p>
</div><p>The post <a href="https://thinking4innovators.com/finding-knowledge-and-research-to-help-you-learn-and-adapt/">Finding knowledge and research to help you learn and adapt</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
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		<title>Connected Enterprise, Connected World with GE</title>
		<link>https://thinking4innovators.com/connected-enterprise-connected-world/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Fri, 10 Oct 2014 15:39:46 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[Fresh thinking]]></category>
		<category><![CDATA[Innovation Ecosystems]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[Different Mindsets]]></category>
		<category><![CDATA[EU policy on innovation]]></category>
		<category><![CDATA[Europe and Innovation]]></category>
		<category><![CDATA[european challenge]]></category>
		<category><![CDATA[GE global innovation barometer]]></category>
		<category><![CDATA[GE Innovation global survey]]></category>
		<category><![CDATA[General Electric]]></category>
		<category><![CDATA[Global Innovation Research]]></category>
		<category><![CDATA[Innovation panel discussions]]></category>
		<category><![CDATA[innovation research &development]]></category>
		<category><![CDATA[Innovation Structure]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=9128</guid>

					<description><![CDATA[<p>I was delighted to be invited onto a panel with GE at their R&#38;D centre in Munich this week forming for me a connected enterprise and a world perspective that one rarely gets without being present and engaged with companies like GE. Dubbed &#8220;Innovation Breakthroughs &#8211; Igniting Europe&#8217;s Growth&#8221; They were celebrating 10 years of &#8230; <a href="https://thinking4innovators.com/connected-enterprise-connected-world/" class="more-link">Continue reading<span class="screen-reader-text"> "Connected Enterprise, Connected World with GE"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/connected-enterprise-connected-world/">Connected Enterprise, Connected World with GE</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/2014/10/connecting-the-world.png"><img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-9134 size-large" src="https://paul4innovating.files.wordpress.com/2014/10/connecting-the-world.png?w=640&#038;resize=640%2C295" alt="Connecting the World" width="640" height="295" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/10/connecting-the-world.png?w=927&amp;ssl=1 927w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/10/connecting-the-world.png?resize=300%2C139&amp;ssl=1 300w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/10/connecting-the-world.png?resize=768%2C355&amp;ssl=1 768w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px" /></a>I was delighted to be invited onto a panel with GE at their R&amp;D centre in Munich this week forming for me a connected enterprise and a world perspective that one rarely gets without being present and engaged with companies like GE.</p>
<p>Dubbed &#8220;<a href="http://innovation.ge-events.de/the-event.html">Innovation Breakthroughs &#8211; Igniting Europe&#8217;s Growth</a>&#8221; They were celebrating 10 years of the opening of the centre and as you arrived, you saw the cranes at work to double the facility as well as further deepen their commitments within the surrounding community even further.<br />
<span id="more-9128"></span><br />
One such community success story has been the co-location they have with the Technical University of Munich (TUM), where both have evolved to share a real philosophy of creating new knowledge and making it available for the industrial innovation process through this partnership.</p>
<p>They combine in a number of “sweet spots” or research domains, that move the academic creative contributions of science into the industrial researchers alongside, working to advance products, bringing these concepts to commercial fruition.</p>
<p>The event also combine with the announcement of Euro €18.5 Million in <a href="http://invent.ge/ZdOrbT%20">New Research Program Funding</a> announced as GE Marks the 10th Anniversary of its Global Research Centre in Europe with its university partners. A further community commitment.</p>
<p>Alongside side this announcement, a <a href="http://www.ge.com/fr/sites/www.ge.com.fr/files/GRCMunich_Whitepaper_Oct2014_FINAL_web.pdf">White Paper </a>was issued on &#8220;The State of European Innovation&#8221;, drawing down from the <a href="http://www.ideaslaboratory.com/projects/innovation-barometer-2014/">GE Innovation Barometer</a>  and other resources.</p>
<p>I have always liked to read with interest this set of Barometer insights,  and have enjoyed <a href="http://paul4innovating.com/2014/06/25/so-what-is-holding-innovation-back-a-new-ge-report/">commenting upon (here for example)</a> the results that are published each year. The GE Innovation Barometer I think really does offer valuable insights into innovation thinking by over 3,000 leaders in larger business organizations. It offers good insights into the inner thinking about innovation that has practical implications.</p>
<p><strong>A quick tour of the R&amp;D facilities reveals much about a company</strong></p>
<p>While I was there, I was lucky enough to take a “quick” tour of the GE facility after my small contribution to a fascinating set of debates earlier in the day. I can honestly state the passion, commitment and sense of pride in all the researchers I meet were impressive. It goes way, way beyond putting on a positive spin to the visitor, it is a deep desire and I think a real motivation to push advancement.</p>
<p><strong>Before I went to Munich I really got caught up in GE and its evolving story.</strong><br />
From the outside looking into GE I had felt it was evolving but I was not able to get ‘under the hood’ and see the &#8216;powerful forces&#8217; that seem to be at work. This event helped trigger that growing awareness and brought it significantly to life for me.</p>
<p>GE often use an awful lot of ‘convening words’ that make you curious to connect to their technologies, and their industry areas and explain how and where these are evolving. I think this thinking has been ‘cranking up’ significantly in the past couple of years, and for good reasons. GE has a good evolving story to tell.</p>
<p>Included in their portfolio are some of the essential aspects of our lives, they connect us, connect enterprises and advance many things and reshape the future. When you hear about “mapped minds”, “brilliant factories”, “extreme machines”, “energy everywhere”, “super materials” and finally their take of the “industrial internet&#8221; it confronts you. That was how I felt when I walked through the doors into their lobby area.</p>
<p><strong>For me it was going to be a promising day.</strong><br />
Irrespective of how or where I could contribute, I knew I was going to learn a lot from the event. As it turned out the panel I was invited upon became fairly lively.</p>
<p>I had the pleasure of being on a panel that included Mark Little, the Senior Vice President and Chief Technical Office for GE, Jean Botti, the Chief Technical and Innovation Officer for the Airbus Group and Christian Cahn von Seelen, the Head of Corporate Strategy, China and India Business at Skoda Auto.</p>
<p>The audience ranged from politicians, and senior representatives across industry, research institutions and health and the Q &amp; A I felt could have gone on and on, debating Europe’s innovative future. We simply touched the ‘tip of the iceberg as there are equally dangers lurking not just under the surface as complex problems to tackle.</p>
<p>Yet equally, such a positive mass of deep knowledge, real tangible successes and high absorption of learning across Europe, all needs to be picked apart, mapped out and reconnected in new ways, does provide a promising future in innovative ways to get Europe moving again, in growth, jobs and unified commitments. I only wish it was less left in Politicians and Bureaucratic hands and our institutions and business leaders were more deeply involved in shaping the process, not just lobbying for their specific part.</p>
<p><strong>Plenty of pride, some angst.</strong></p>
<p>Sitting in Germany you can always ‘feel’ that real pride, a clear determination and belief in the achievements made and plenty yet to come-</p>
<p>Equally, you know what will be delivered in much of the approaches can be summarized as making connected sense. Sometimes the rest of Europe does seem to want to &#8216;pull&#8217; in other ways and that is hard to understand from a German&#8217;s perspective. This is part of &#8216;our&#8217; creative tensions in Europe to be bridged.</p>
<p>It is part of the challenges we face in Europe, connecting all the diversity and opinions of 28 countries to get growth and a real momentum within the European economy going again. Debating the required innovation fits across Europe is complex and challenging.</p>
<p>What I liked in my visit was a reminder that if you combine much that is good from one culture and fuse it in thoughtful ways that capitalise on the diversity of the other or across many, you can really see tangible results. <a href="http://paul4innovating.com/2014/10/05/the-real-race-is-to-invest-in-knowledge-assets-and-grand-innovation-challenges/">Collaborating on big challenges </a>would be one &#8216;unifier&#8217;.</p>
<p>I think the combination of the fusion of the mindsets of an American company that believes it is a scale-based entrepreneur organization, managing complicated technologies and ‘big things’ and a collection of bright researching minds, all drawn from not just across Europe but many parts of the world, sitting next to a university (TUM) that are plugging into the German way of doing things is a good example of this collaborating across big challenges.</p>
<p>Of course, managing complex situations across cultures can be frustrating but this host of ‘connected points’ strikes me to be a winning formula. Of course in GE&#8217;s case, you throw in the connected nine <a href="http://www.geglobalresearch.com/">Global Research centres</a> you certainly ‘sense’ this motion towards an accelerating future within GE. 2,000 scientists and engineers and 50,000 technologists. It can make you pause for breath, it’s simply impressive, and &#8216;living proof&#8217; of connecting minds, knowledge, and cultures with machines on how it can generate results that are advancing what we know today in significant ways.</p>
<p><strong>Then we have the wave of connecting minds and machines.</strong></p>
<p>Mark Little the Chief Technology Officer for GE was heading out of the door early afternoon to catch the flight to get him back to GE’s next event, of connecting <a href="https://www.gesoftware.com/minds-and-machines">minds and machine</a>s being held the next day. Now this promises a different, potentially radical new future in industry and GE are placing a lot of resource and commitments into it.</p>
<p>GE is taking a real lead here. In the last three years, they have been ramping up their thinking, dubbed &#8220;the industrial internet&#8221; and moving into the power of connected industrial assets (the machines) through embedding sensor technology everywhere on the machine, bringing back its data from often hostile environments and through the analytics applied can turn this into ‘intelligent information.’</p>
<p>This offers the potential of real-time decision making, delivering required and necessary insights at the right time, to the operators and business decision-makers so as to manage that dreaded aspect all industries fear of “downtime” better. It also allows for managing more efficiently and effectively the assets.</p>
<p>Already I gather GE has put over £1 billion into this potential game-changing move to transform industry. CEO and Chairman Jeff Immelt’s <a href="http://www.youtube.com/watch?v=UUw4SfXzMrw&amp;list=PLxRhTjvLlyoIpfSDoqMmnkNXP80sNh3tR&amp;index=1">opening</a> to this event with his headline view: “<em>if you went to bed last night as an Industrial company, you are going to wake up in the morning as a software and analytical company</em>” where the separation between data and industry has vanished. Does this change the business model, I think so.</p>
<p>Of course, Jeff Immelt is saying this, he runs a “big bets company” and they are setting about transforming the industry for competitive advantage. Yet again though, it is the way they seem to be setting about it that makes you feel it is happening and shifting the dynamics of big asset business, in significant ways.</p>
<p><strong>Platforms, Partnerships and the Ecosystem</strong></p>
<p>I strongly believe the future of collaboration is going to be based around platforms and ecosystems, where you bring together the minds and the business interest, gathered around specific but complex issues to solve. GE are working on delivering this.</p>
<p>Through their<a href="https://www.gesoftware.com/platform"> platform of</a> Predix, GE are providing “industrial-strength software and analytics” and spoke of having 40 apps ready for customer use today at this event. They are also throwing open the platform for others to use, build and develop their apps. GE will offer the backbone, architecture, resilience, and security for others to come onto this platform with growing confidence and work towards &#8216;apps&#8217; that are even more tailor-specific to their needs beyond &#8216;just&#8217; sensors.</p>
<p>The partners already working with delivering from this platform are Cisco, Intel and Accenture and GE’s investment in Pivotal will mean the amount of time GE executives will be spending in San Francisco building the resources behind this is a space worth following.</p>
<p>I gather they have 800 data scientists and GE is on a further massive recruit to ramp this up, well over doubling this in the region, to attract and blend the best in talent, software and analytics. I also gathered they have been but recruiting the ‘forty something’ person as well for their business experience, as they sit down and work through issue upon issue with their customers.</p>
<p>It is clearly evolving at some speed, GE are delivering <a href="http://www.fransjohansson.com/the-medici-effect-by-frans-johansson/">the Medici Effect</a> of breakthrough insights at the intersections of ideas, concepts and cultures. as our world becomes more intersectional when we merge one field into a new, unfamiliar territory for these radical changes in how we will manage in the future.</p>
<p>The combinations of smart machines, enabling technologies, big data modelling and analytics and determining the customer outcomes in increasing collaborations, will radically alter the Business Model of GE in future years, in ways that we yet can&#8217;t imagine.</p>
<p><strong>As I left the R&amp;D centre in Munich</strong></p>
<p>As I look up at the crane as I left and saw the shell of the additional building going up in Munich, I can imagine that science, research and technology will fuse in ways that we are only beginning to grasp. I wonder what type of mix of skills that group of future employees will have, far more a blend, perhaps a more broad set, rather than one that is deep only.</p>
<p>We will be seeing software services, a changing portfolio strategy and GE’s scientists, researchers and engineers all managing not just in their deep domains of knowledge but broadening out into far greater engagements alongside customers. It alters and unleashes.</p>
<p>Combining in future ways with the chosen universities, institutions and partners, increasing working through and on these platforms. where collaboration and co-creation will move way beyond today’s open innovation concepts, focusing on bringing &#8216;synergies&#8217; that deliver those vital winning outcomes.</p>
<p><strong>The future era of innovation suddenly looks even brighter.</strong></p>
<p>So those Asset-intensive industries that are looking to reduce costs, improve efficiencies and search to unlock new sources of customer value, are moving into a ‘connected realisation’ that will bring the industrial internet into increasing focus. It will sit alongside the social side, where the internet of things (IoT) has been making most of the running to date, encroaching far more of our business and personal lives.</p>
<p>The promise of deep, lasting connections and relationships all seem to be offering innovation in a new era of prosperity, were connected enterprise and the connected world come together with very different business models, built on this &#8216;promise&#8217; of platforms and ecosystems, delivering in very tangible ways through a collaborative common cause.</p>
<p>A place where “E<a href="http://www.amazon.com/Everything-Connects-Creativity-Innovation-Sustainability/dp/0071830758">verything connects,</a>&#8221; a book written recently by Faisel Hoque, is suggesting where people, insights, capital, infrastructure and ecosystems combine. One where the age of creativity, innovation and sustainability come together as the needed skills required to be continually adaptive.</p>
<p>I’m all for that era. We are at perhaps an inflexion point on the way we are thinking, managing, and collaborating in a connected universe for new growth possibilities. I&#8217;d like to believe so and from what I can see, GE is well on their way to working this out in its own, highly focused way.</p><p>The post <a href="https://thinking4innovators.com/connected-enterprise-connected-world/">Connected Enterprise, Connected World with GE</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">9128</post-id>	</item>
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		<title>The Real Race is to Invest in Knowledge Assets and Grand Innovation Challenges</title>
		<link>https://thinking4innovators.com/the-real-race-is-to-invest-in-knowledge-assets-and-grand-innovation-challenges/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Sun, 05 Oct 2014 11:29:16 +0000</pubDate>
				<category><![CDATA[Molecules]]></category>
		<category><![CDATA[absorbing innovation knowledge]]></category>
		<category><![CDATA[Big Challenges need innovation]]></category>
		<category><![CDATA[Creative destruction]]></category>
		<category><![CDATA[Disruptive forces and innovation]]></category>
		<category><![CDATA[EU and innovation]]></category>
		<category><![CDATA[EU policy on innovation]]></category>
		<category><![CDATA[innovation and societal issues]]></category>
		<category><![CDATA[innovation challenges for adoption]]></category>
		<category><![CDATA[innovation research &development]]></category>
		<category><![CDATA[Roadmap for Innovation resolution]]></category>
		<category><![CDATA[transform europe]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=9098</guid>

					<description><![CDATA[<p>We need to connect our knowledge and put these assets into solving grand challenges. Lets focus on the bigger picture here. Developing our knowledge and then putting it to good use gives us the potential for securing a competitive position- that goes without saying, perhaps. Living in Europe offers us enormous history, diversity and a &#8230; <a href="https://thinking4innovators.com/the-real-race-is-to-invest-in-knowledge-assets-and-grand-innovation-challenges/" class="more-link">Continue reading<span class="screen-reader-text"> "The Real Race is to Invest in Knowledge Assets and Grand Innovation Challenges"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/the-real-race-is-to-invest-in-knowledge-assets-and-grand-innovation-challenges/">The Real Race is to Invest in Knowledge Assets and Grand Innovation Challenges</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/2014/10/connecting-knowledge-and-grand-challenges-1.png"><img data-recalc-dims="1" loading="lazy" decoding="async" class="alignleft wp-image-9102 " src="https://paul4innovating.files.wordpress.com/2014/10/connecting-knowledge-and-grand-challenges-1.png?resize=427%2C276" alt="Connecting Knowledge and Grand Challenges 1" width="427" height="276" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/10/connecting-knowledge-and-grand-challenges-1.png?w=461&amp;ssl=1 461w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2014/10/connecting-knowledge-and-grand-challenges-1.png?resize=300%2C194&amp;ssl=1 300w" sizes="auto, (max-width: 427px) 85vw, 427px" /></a>We need to connect our knowledge and put these assets into solving grand challenges.</p>
<p>Lets focus on the bigger picture here.</p>
<p>Developing our knowledge and then putting it to good use gives us the potential for securing a competitive position- that goes without saying, perhaps.</p>
<p>Living in Europe offers us enormous history, diversity and a constant respect for the make-up of its different cultures.</p>
<p>Europe is a very proud continent forged from this history of competitiveness but it is grappling with its place in the global world where others seem to have a greater present-day advantage.<br />
<span id="more-9098"></span><br />
For many, Europe seems stalled; in jobs, growth and its future space, it seems not so sure on what and where it can effectively compete in a complex and challenging world. There are so many competing voices within, draining vital energy, while others outside Europe are getting on with the job of equipping themselves for the changes taking place to effectively compete in today’s world.</p>
<p>The forging of the European Union needs more ‘heat’ to meld into the force that many want, yet every time it seems to be getting to that required temperature for effecting a real change, someone or something comes along and throws &#8216;cold water&#8217; on it.</p>
<p><strong>&#8220;Herding cats&#8221;</strong></p>
<p>Perhaps that idiomatic saying of “herding cats” summarizes many of the discussions and debates that often occur all over Europe, offering up their part of the solution to what seems to me, increasingly an intractable problem. There is this ongoing attempt to control or organize what seems intent on staying uncontrollable or chaotic.</p>
<p>It just seems incredibly difficult to get the required direction or united determination to channel ‘our’ energies, perhaps impossible is a growing feeling that is fuelling even more the nationalistic pride built from centuries of disputes and disagreements in alternating alliances of the day.</p>
<p>Europe in whatever eventual union or collection of entities needs to stop focusing inward as that seems simply not to help. It needs to look outward and recognize the challenges it needs to go after and organize around, that shift the ground it competes on, so it can offer the foundations to build from for many of these individual voices to unite to move all those concerns that need clarity, work and a sense of clear direction. We are focusing on the right aspects to unite behind, to identify with and combine our unique resources.</p>
<p>At present we are all pulling in our own directions, to secure our own piece of the declining economic pie and that is undermining any ability for improved performance.</p>
<p><strong>&#8220;Fiddling while Rome burns&#8221;</strong></p>
<p>You do get this sense we enjoy “crisis and opportunity”. The institutions and bodies that are set up to lay out the broad direction within the EU, start with good intention and then occupy themselves with a host of unimportant or less important matters and neglect priorities during a crisis. They get lost in the details, determined to defend and spend the budgets and lose sight of the need for clear commercial or social outcomes.</p>
<p>The source of this “fiddling while Rome burns” is the story that Nero played the fiddle (violin) while Rome burned, during the great fire in AD 64. The flaw in this was there was no such instrument as the fiddle (violin) invented in first-century Rome. Equally the events of a fire have been constructed in all the rivalries and conflicting accounts that came after. I get a sense of this today within the EU, we are failing to orchestrate even the violin player, everyone is playing their own tune!</p>
<p><strong>Europe stands at a real crossroads today, where it travels determines its future</strong></p>
<p>It can stay locked up in conflicts, often chaotic decision-making, in its many disputes and simmering rivalries or it can learn from those events across its history and find a different path.</p>
<p>I doubt that path is integration of countries, even freedom of movement or common currencies or a given language. These are ideals suffering from imposition yet we can integrate and combine in ways that allow us as individuals to prosper and grow but also to unite in projects and across challenges that deliver a more promising future.</p>
<p><strong>Grand challenges we can unite behind</strong>.<br />
These come from the challenges that should be of the uttermost importance to our future well-being:<br />
1. The long drawn out integrating the digital infrastructure across Europe to bring down the present barriers and allow less of a divide across Europe.<br />
2. The ability to connect across a European energy grid that delivers on security, and is moving purposefully towards clean and efficient alternatives that are economically viable alternatives.<br />
3. The formation of a scientific research community<br />
4. The harmonization of intellectual property to accelerate invention not just protect it<br />
5. The overhaul to our educational system to deliver the required skills we need for the future not based on the past.<br />
6. Putting in place the roadmap to renewables that give investment confidence<br />
7. Adding even more momentum towards key-enabling technologies<br />
8. Having a reusable framework that reduces the ‘throw-away’ culture and mind-set<br />
9. Tackle health and wellbeing in clear, coordinated and integrated ways across all.<br />
10. Redoubling the efforts on food security, sustainable agriculture and land and sea management through a greater agricultural revolution.</p>
<p>I could add a few more but these are all &#8216;big bites&#8217;. We should possible go back to the approach to EU flagship programmes where the big agenda gets the required focus from politicians, bureaucrats, business and our institutions, at every level and engaging in meaningful ways with our broader society, then we are achieving more in ‘common cause’ and integration than where we have been heading recently.</p>
<p>We should push the EU agenda towards delivering <strong>integrated models</strong> to offer new value and opportunities, the innovation part, as central to achieving the need for new growth and jobs.</p>
<p>These big challenges give us our future, they break down the barriers, they open up our minds to what is the real borders to protect, to push out towards in different ways If we can unlock the barriers and ring-fencing on many of these that are the blocks today, we are laying in the foundation for growth and jobs.</p>
<p>There is nothing new in this appeal but the speed of change occurring outside Europe requires us to shift internal disputes and channel this energy into resolving the big challenges.</p>
<p><strong>Europe needs to shoot for a different moon.</strong></p>
<p>Structural issues are longstanding, we are attempting to protect far too much, we are falling to move towards a ‘creative destruction’ where innovation-lead solutions provide the better alternative in growth and challenge We link to these common causes as they benefit the individual, as well as the communities we are in (national, local, scientific, educational etc).</p>
<p><strong>The push for a common market of ideas and knowledge that are allowed to flow</strong></p>
<p>I detect some positive movement in seizing some of these outstanding big challenges in the way the European Commission is being set up and structured. The new commission structure is pointing to big issues; it is veering away from past integration mantras, wanting to deliver on some of these challenges suggested above.</p>
<p>I just hope it does not extend the list too much or we go down the path of dilution, spreading and stretching our capabilities and resources too thin and ending up with the usual past compromises, all wrought out in eleventh hour late-night deals. Of course this is perhaps wishful thinking and certainly early days.</p>
<p><strong>Can we move out of our fiscal consolidation mind-set?</strong> <strong>We must</strong></p>
<p>As we continue to have fiscal consolidation, we get rising Euroscepticism. We nibble away not so much at the edges we are actually attacking our core and this is where we are facing the defence of knowledge assets and finding ways to promote by, perhaps, uniting behind our bigger EU challenges.</p>
<p>So where does innovation fit, I’d say front and centre. Every conversation in every boardroom, in every political meeting, at each EU summit and discussion, it is the outcomes we await to hear. These need to be far more centred around innovation in the outcome, not just in nice declarations with little behind them but in cohesive plans that move us towards this agenda of tackling the ‘Big Challenge Agenda’</p>
<p><strong>Scaling and building innovation waves</strong></p>
<p>We need to scale and create the positive waves through innovation. Reality is not in what is going on inside Europe, it is what is happening elsewhere. It is the organization of those knowledge assets to scale and develop the waves of innovation that Asia and America are clustering around in better ways than in Europe.</p>
<p>These can be seen in numerous ways as geographical regions all look for ways to become the dominant force for innovation. Asia, especially China is testing that existing dominance and Europe and others in the West need to embrace that challenge, not attempt to defend against it in legislative efforts but in this necessary knowledge asset re-equipping.</p>
<p><strong>Keeping innovation high on the EU agenda but in new bigger ways</strong><br />
Innovation features higher in national policy than ever before in many parts of the world. Let us all hope Europe does not drop the innovation ball, but cutting its commitments to what has already been hard-fought over, delivered in the Horizon 2020 programme.</p>
<p>Equally let’s not dilute its effort and whittle away its value in thousands of small, perhaps meaningless gestures built on political threat and fragmented thinking.</p>
<p>Getting Europe moving again will need a much bolder vision and then stay focused on funding it if it links into these grand challenges in clear or valuable (experimental) ways that can be a catalyst for others to pick up and run with over the next mile, as innovation is not a sprint, it is a marathon to run, at this big challenge level.</p>
<p><strong>Who is that knocking on my door?</strong><br />
* China has set itself some ambitious innovation targets, in its production of patents, in producing more PhD’s in science and engineering than US institutions or European ones and twice as many undergraduates in these fields than the US.<br />
* China is going about outpacing the US in investments in research and development, it is growing R&amp;D expenditure by 15 to 20% per year, not just to catch up but to drive innovation into its future.<br />
* Asia and America invest more than Europe in R&amp;D at the ratio of 3:3:2. The technology-intensive activity in the Asian region is fast approaching that of North America and Western Europe.<br />
* China’s invention initiatives are producing rapid results as the government seeks increasing actively in cooperation’s with its Asian competitors. Asian countries are mutually fuelling one another’s innovative success<br />
* The precise impact of Asia’s IP expansion is impossible to predict. But its transformative potential is obvious as the commissioners of the patent offices of Japan, South Korea, China and, to a lesser extent, Singapore and Taiwan meet increasingly to define and coordinate their intellectual property (IP) policies although a number of territorial disputes and political divides do often get in the way.</p>
<p>Each of these examples is building future knowledge assets to unlock innovation potential.</p>
<p>* America equally continues to work through a clearer innovation framework than I feel we in Europe seem not to have, or it seems incapable of delivering in our current fragmented view of innovation understanding. We want to spread innovation either too thinly or distort its value and meaning. We need a clear overarching innovation message.<br />
* Take the reports from the &#8220;NII Innovate America Council on Competitiveness&#8221; or the White House view on &#8220;A Strategy for American Innovation&#8221; as debate documents or guidance indicators that offer an overarching view of how innovation needs to work and on what is needed to achieve and maintain a competitive position for America, written by both Business leaders and Government officials.</p>
<p><strong>So what’s next?</strong><br />
The European Union has consistently failed to exploit its potential for innovation-based growth. Europe remains less inter-connected in critical areas due to political grandstanding and catering to vested domestic interests.</p>
<p>Does Europe lack the capacity for change as we constantly fail to convert much that seems promising, we are often not commercializing on all our hard work? Others pick up the baton and make the &#8216;risk&#8217; investments off of the work and initial investments in Europe.</p>
<p>We constantly get caught up in the politics of the day, that seem to continue to divide and rule in old fashion ways, yet technology, science, and innovation are moving at a force and speed we are often guilty of not appreciating its impact or wealth-creating prospective. Innovation does not respect borders, it seamlessly moves across them but we need to forge the infrastructure to allow it to flow in more efficient and effective ways.</p>
<p>It is high time we did understand the real value of innovation, it &#8216;touches&#8217; us all, we can all &#8216;feed off it&#8217;. We need to mobile around innovation and find the right ways to release our knowledge assets that are residing across Europe in a myriad of guises, waiting for the organizing forces and challenges to unite behind and solve.</p>
<p>We have the latent capability clearly.</p>
<p>&nbsp;</p>
<p>**Note : A really useful source of knowledge is this overview of the National Science Board’s <a href="http://www.nsf.gov/statistics/seind14/index.cfm/overview"><em>Science and Engineering Indicators 2014</em></a> highlights some major developments in international and U.S. science and engineering (S&amp;E) that explores many useful indicators in the race of Science, Research and Technology. It&#8217;s worth a read.</p><p>The post <a href="https://thinking4innovators.com/the-real-race-is-to-invest-in-knowledge-assets-and-grand-innovation-challenges/">The Real Race is to Invest in Knowledge Assets and Grand Innovation Challenges</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
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		<title>Striking the balance for exploitation across different innovation horizons</title>
		<link>https://thinking4innovators.com/striking-the-balance-for-exploitation-across-different-innovation-horizons/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Tue, 19 Jun 2012 09:39:34 +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[innovation execution delivery]]></category>
		<category><![CDATA[Integrated Innovation Thinking]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[absorptive capacity]]></category>
		<category><![CDATA[complexity within innovation]]></category>
		<category><![CDATA[different innovation horizons]]></category>
		<category><![CDATA[exploitation of innovation]]></category>
		<category><![CDATA[innovation complexity]]></category>
		<category><![CDATA[innovation research &development]]></category>
		<category><![CDATA[navigation within innovation]]></category>
		<category><![CDATA[open innovation]]></category>
		<category><![CDATA[planning innovation]]></category>
		<category><![CDATA[technology platforms]]></category>
		<category><![CDATA[three horizon approach]]></category>
		<category><![CDATA[three horizon framework]]></category>
		<category><![CDATA[three horizons]]></category>
		<category><![CDATA[Three horizons for innovation]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=3403</guid>

					<description><![CDATA[<p>Nobody said innovation was easy and I was reminded of that recently. Innovation can certainly be, without doubt, fairly complicated in larger organizations. What must not be forgotten is that we must manage the innovation activities across all the three horizons of innovation and that adds even more complexity. What is ensured from this complexity &#8230; <a href="https://thinking4innovators.com/striking-the-balance-for-exploitation-across-different-innovation-horizons/" class="more-link">Continue reading<span class="screen-reader-text"> "Striking the balance for exploitation across different innovation horizons"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/striking-the-balance-for-exploitation-across-different-innovation-horizons/">Striking the balance for exploitation across different innovation horizons</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>Nobody said innovation was easy and I was reminded of that recently. Innovation can certainly be, without doubt, fairly complicated in larger organizations.</p>
<p>What must not be forgotten is that we must manage the innovation activities across all <a href="http://paul4innovating.com/2010/09/10/the-three-horizon-approach-to-innovation/">the three horizons</a> of innovation and that adds even more complexity.</p>
<p>What is ensured from this complexity is that you can expect innovation does get very entangled in balancing out the resources that are available and needed, to handle all the conflicting, competing demands placed within the innovation system.</p>
<p>For the innovation teams involved in the multiple tasks, getting this balance right and also trying to justify further support to keep all the activities progressing on time, is tough.</p>
<p>We need to exploit and we need to explore and those often require different mindsets or structures.</p>
<p>Each of the innovation horizons can demand different management’s attention for allocation, response and focus.</p>
<p>Horizon one represents the company’s core businesses today, horizon two includes the rising stars of the company that will, over time, become new core businesses, whereas horizon three consists of nascent business ideas and opportunities that could be future growth engines.</p>
<p>This link takes you to a series of discussions on the three horizons <strong><a href="http://tinyurl.com/d97bkhh">http://tinyurl.com/d97bkhh</a></strong> for a deeper explanation.</p>
<p><strong>Dual needs are often conflicting</strong><span id="more-3403"></span><br />
How often do you face the real difficulties of striking the right balance between those dual needs of meeting what is important to service in today’s business for short-term performance and targets, with the other critical aspect of pushing the performance into the next horizons of innovation?</p>
<p>Those future horizons that offer the space for the new concepts and ideas that eventually lay down the expected foundations for your continued growth.</p>
<p>Managing across the different horizons really places a complexity for constantly juggling and balancing out different sets of high-yielding performances, often from the same team. To help we need to have a much clearer understanding on the aspects that make up innovation management.</p>
<p><strong>Grouping the necessary activities</strong></p>
<p>Here I’ve attempted to group into what I feel are the four critical focal attributes and their activities that are needed to be managed, planned out and pursue across the innovation horizon mix to deliver on the innovation expected . These need a fairly advanced organisational structure to be managed effectively.</p>
<p><strong>I feel there are four critical activities to balance out across the three innovation time horizons. </strong></p>
<ol>
<li>Strategic planning, portfolio management to manage the growth management pressures</li>
<li>Project productivity, execution and disciplines to drive the system</li>
<li>Managing relationships, increasing more external through open innovation and emerging new platform management techniques and collaborations to accelerate activities</li>
<li>Securing, anchoring and developing the talent to deliver the innovation needed.</li>
</ol>
<p>These are not so easy to work on simultaneously, it needs some deeper thinking through and management skills to balance the many conflicting pressures found within the innovation system. Here I just discuss the concepts and activities within each.</p>
<p>These need to be thought through individually by each organization to balance out which is not an easy task, often not as well-considered by external observers or advisors as they should be.</p>
<ul>
<li><strong>Strategic planning, portfolio management</strong></li>
</ul>
<p>The balances here are focused more on evaluating emerging opportunities; ensuring portfolio consistency and demonstrating where the portfolio returns lie.</p>
<p>Then strategically and tactically working to exploit and combine any cross-over projects, updating on a constant on-going prioritization the impact of the different growth platforms, and finally monitoring the activities that are working themselves through the innovation system for communicating their changing value.</p>
<ul>
<li><strong>Project productivity and execution</strong></li>
</ul>
<p>Here the focus is far more on the disciplines within the system. The optimization and appropriate allocation of the necessary resources for embedding project management disciplines, demonstrating constantly the validity of what you are doing, reducing rework, demonstrating the value of the activity to meet the required end result going through the innovation pipeline.</p>
<p>There is a growing need is to build up clear prototyping and scaling techniques, plan to &#8216;inject&#8217; dedicated specialists into projects to drive and offer appropriate advice where needed and be constantly ready to show viability from the work progressing through the pipeline .</p>
<p>Finally, here, there is the need to find the right balance between customization and standardization techniques to provide the optimum yield from these activities.</p>
<ul>
<li><strong>Management across external and internal relationships is complex.</strong></li>
</ul>
<p>More and more open innovation seen as accelerating the innovation activities is placing a real increase on the demands for exploiting and promoting different collaborations platforms.</p>
<p>As there is an increasing need to attract different partners for working across often very diverse platforms this is placing increasing demand in the management of a complex set of dynamics across new and ever-changing relationships with outside parties.</p>
<p>There is a need to explore different techniques here that involve discovery syndicates, venture networks, deploy absorption teams and seeking out a range of idea and technology sourcing networks to feed into the internal organizations process and systems. Each plays its part in providing focus and exploring new yields to accelerate innovation activities.</p>
<ul>
<li><strong>Managing the talent needed for innovation</strong></li>
</ul>
<p>Firstly securing, then anchoring and developing the diverse range of skills required to manage in a complex innovation system is increasing hard to complete.</p>
<p>Not only do you have to map out workforce supply and demand, analyse and account for many different career preferences to meet personal circumstances, you have to leverage the skills across different needs and these three horizons. T</p>
<p>he growing importance of sharing knowledge, both tacit and explicit, that can be fully absorbed and exploited requires an absorptive capacity structure<a href="http://tinyurl.com/crtdv86"> http://tinyurl.com/crtdv86</a> needs consistent attention and re-fuelling.</p>
<p>Four aspects that offer increasing value are, developing up a system for assessing the impact analysis of where resources can offer the best return, exploring where you can work to improving faster cycle times, building technology and knowledge libraries, and finally exploring different portfolio scenarios, all need to be simultaneously developed and exploited.</p>
<p>Lastly, the structuring of effective teams always needs that consistent attention. The ability to constantly build up the competencies and capacity for more ‘responsive’ and depth in skills.</p>
<p>These are increasingly required to meet the changing innovation activities that are expected over the complete innovation development life cycle, where fresh discoveries are always occurring and you can reposition resources to capitalize on these &#8216;breaking&#8217; opportunities.</p>
<p><strong>How are you managing across these four?</strong></p>
<p>Each of these four critical attributes is certainly placing increased demand on those that are managing within the innovation system. It requires for some advanced planning and attention within the management of innovation. Of course this grows in complexity by the size of organizations innovation activities and need.</p>
<p>Recognizing each of these four and being able to balance the often conflicting demands across different innovation horizons and competing for scarce resources within organizations is far from easy. It needs dedicated focus within innovation management.</p>
<p>How are you tackling this complex need for different high-yielding management within innovation? This is not an easy task and sometimes we external commentators forget when we keep layering on more ’timely’ advice and poking around with our innovation sticks.</p>
<p>It is always very different when you are in the ‘eye of the storm’ than being the observer.</p>
<p>Certainly a &#8216;tip of the hat&#8217; to those that manage within this complexity, it is not easy to balance out all the competing, often relentless demands placed on innovation&#8217;s exploitation needed across the three different horizons.</p>
<p><em>Thanks to the Research &amp; Technology Executive Council for their past benchmarking in these areas</em>.</p><p>The post <a href="https://thinking4innovators.com/striking-the-balance-for-exploitation-across-different-innovation-horizons/">Striking the balance for exploitation across different innovation horizons</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
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