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		<title>Deeper read or quick summary- finding the time</title>
		<link>https://thinking4innovators.com/deeper-read-or-quick-summary-finding-the-time/</link>
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		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Thu, 28 Jan 2016 13:44:30 +0000</pubDate>
				<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[Fresh thinking]]></category>
		<category><![CDATA[Integrated Innovation Thinking]]></category>
		<category><![CDATA[Polymers]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[business tools]]></category>
		<category><![CDATA[design thinking]]></category>
		<category><![CDATA[designing innovation differently]]></category>
		<category><![CDATA[designing new innovation outcomes]]></category>
		<category><![CDATA[Innovation Frameworks]]></category>
		<category><![CDATA[innovation toolkit]]></category>
		<category><![CDATA[Leading innovation practices]]></category>
		<category><![CDATA[Minimum Viable Transformation]]></category>
		<category><![CDATA[thought leadership on innovation]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=11903</guid>

					<description><![CDATA[<p>I recently wrote a post “Delving into a complex world- helping to keep pace”.……to help us to keep pace, learn apply and adapt. Finding time to read and extend our thinking is a real struggle and going that extra mile to read thought-leadership views can be a step to far, I know but I can’t &#8230; <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-finding-the-time/" class="more-link">Continue reading<span class="screen-reader-text"> "Deeper read or quick summary- finding the time"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-finding-the-time/">Deeper read or quick summary- finding the time</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">
<p><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=364%2C241" alt="researching_innovation" width="364" height="241" /></p>
<p>I recently wrote a post “<a href="http://paul4innovating.com/2016/01/25/delving-into-a-complex-world-helping-to-keep-pace/">Delving into a complex world- helping to keep pace”</a>.……to help us to keep pace, learn apply and adapt.</p>
<p>Finding time to read and extend our thinking is a real struggle and going that extra mile to read thought-leadership views can be a step to far, I know but I can’t help myself, it is part of my job and certainly for me, many are really worth it.</p>
<p>In that post I was recommending Deloitte and their thought leadership as a good place to visit.</p>
<p>Now I’m not sure how many of you actually did, so I thought in this post  to pick out specifically two great articles and make a post summary of these, as I feel both of these might be useful, as they challenge and break new ground in thinking.<a href="http://www.summary.com/app/" target="_blank" rel="noopener"><span id="more-11903"></span></a></p>
<p>So I 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 but hopefully the two I’ve chosen will beat the time it takes in this one read to cover what I feel cover two topical and important innovation thoughts of the present for many involved in innovation.</p>
<p><strong>The two thought leadership pieces I have chosen.</strong>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>
<h3><strong>Beyond Design Thinking</strong></h3>
<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>”. A &#8216;given&#8217; place to begin framing your innovation.</p>
<p><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" /></p>
<p><strong>Beyond Design Thinking &#8211; reflecting on its place</strong></p>
<p>Here Larry 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 enamored with design thinking</em>” and although design is in the ascendance, as it is powerful, effective and transformational if practiced 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 correcting it.</p>
<p><strong>What is at the heart of design thinking?</strong></p>
<p>Design thinking has at its heart the generation of (lots of) ideas, build prototypes, try many things, build narratives about them, test everything, do more of what works and all the time show 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. Larry argues 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. 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>
<p><strong>It is crafting analysis with synthesis, it is expecting divergence and convergence<br />
</strong></p>
<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. 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>.” 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>
<p><strong>The quest for elegant integration of our innovation solutions</strong></p>
<p>So Larry Keeley is suggesting within this article beyond design thinking we need to find “<em>elegant integration</em>” 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 acceleration to the overall advance you seek and you should avoid labeling this design thinking as it is informed analysis, seamlessly synthesized into a coherent, beautiful solution.</p>
<p>As we transform from examples like Candy Crush, Alibaba, and countless others have as their shared property: 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 analysis and syntheses to work together.</p>
<h3><strong>My second summary: Minimum Viable Transformation</strong></h3>
<p>This is written by one of my favorite 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>
<p><strong>Scaling edges that might become our new core</strong></p>
<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 ability 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>
<p><strong>Acknowledging and embracing minimum viable product principles</strong></p>
<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. 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>
<p><strong>The need today is to innovate at the level of the Business Model</strong></p>
<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. The sheer acceleration and changes in technology, customer desires and the need to build ecosystems is 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 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 I repeat, 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. This becomes a validated learning journey.</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>
<p><strong>Why explore new Business Models at the edge? </strong></p>
<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. 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>
<p><strong>We finish this with five guidelines for transformation on the edge</strong></p>
<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. That’s where minimum viable transformation comes into play. Before diving in, management teams should consider these five principles:</p>
<p>1. <strong>Learn how to learn</strong>. The central goal of minimum viable transformation is to learn from a true field experiment.</p>
<p><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.</p>
<p><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.</p>
<p><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.</p>
<p><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 ability 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>
<h3><strong>In Summary</strong></h3>
<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. Businesses are moving beyond traditional industry silos and coalescing into richly networked ecosystems, creating new opportunities for innovation alongside new challenges for many incumbent enterprises.</p>
<p>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.</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 this added to my own site</p>
</div>
<p>&nbsp;</p><p>The post <a href="https://thinking4innovators.com/deeper-read-or-quick-summary-finding-the-time/">Deeper read or quick summary- finding the time</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">11903</post-id>	</item>
		<item>
		<title>Sorting through our Innovation Management Tools</title>
		<link>https://thinking4innovators.com/sorting-through-our-innovation-management-tools/</link>
					<comments>https://thinking4innovators.com/sorting-through-our-innovation-management-tools/#comments</comments>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Thu, 14 Jan 2016 11:25:57 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[gaining innovation momentum]]></category>
		<category><![CDATA[innovation execution delivery]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[building better innovation tools]]></category>
		<category><![CDATA[deeper innovation understanding]]></category>
		<category><![CDATA[Defining deliverables for innovation]]></category>
		<category><![CDATA[exporting knowledge and innovation]]></category>
		<category><![CDATA[Innovation Structure]]></category>
		<category><![CDATA[innovation toolkit]]></category>
		<category><![CDATA[knowledge for innovation]]></category>
		<category><![CDATA[sharing in innovation design]]></category>
		<category><![CDATA[Tools and Methods for Innovation Management]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=11886</guid>

					<description><![CDATA[<p>We all are caught up in handling and understanding different management tools. The numbers are accelerating, and if anything it&#8217;s adding more confusion to the pile we already have. So let’s see if we can help here, step back a little from your favourite tool and look at this just a little more deeply. How &#8230; <a href="https://thinking4innovators.com/sorting-through-our-innovation-management-tools/" class="more-link">Continue reading<span class="screen-reader-text"> "Sorting through our Innovation Management Tools"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/sorting-through-our-innovation-management-tools/">Sorting through our Innovation Management Tools</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" decoding="async" class="alignleft" src="https://i0.wp.com/cdn2.hubspot.net/hub/314186/hubfs/Blog/blind-medium.png?resize=392%2C285" alt="" width="392" height="285" /><br />
We all are caught up in handling and understanding different management tools.</div>
<div></div>
<div class="section post-body">The numbers are accelerating, and if anything it&#8217;s adding more confusion to the pile we already have. So let’s see if we can help here, step back a little from your favourite tool and look at this just a little more deeply.</div>
<div></div>
<div class="section post-body"><strong>How do we pick through all the tools, let alone keep up with all the new ones emerging?</strong></div>
<div></div>
<div class="section post-body">There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job.<span id="more-11886"></span> The problem we are having, many of the traditional tools, many still taught in most management schools are lagging in the changing market we are operating in. Equally, there is such a growing movement on adopting new tools, many still in that lovely excuse of “being in Beta” that it does become confusing.</div>
<div class="section post-body">
<strong>Tracking the trends in Management Tools</strong><br />
One of the consulting companies, Bain &amp; Co has conducted the Bain’s Management Tools &amp; Trends survey since 1993. The latest one for <a href="http://www.bain.com/publications/articles/management-tools-and-trends-2015.aspx" target="_blank" rel="noopener">2015 is here</a>. They have made 15 surveys over the years and reported on the top 25 tools of each year. To be included they have to be relevant to senior management, topical and measurable.</div>
<div></div>
<div class="section post-body">The intent of this survey is to track what is ‘trending’, under what circumstances is it being used and how satisfied managers are with the results. It also helps provide better choices in selecting, implementing and integrating the different tools so as to hopefully improve an organization&#8217;s performance. Finally, when Bain conducts this survey they gather the opinions on a range of business issues and report the changing management priorities.</div>
<div class="section post-body">
I have followed this for a number of years and yet I am constantly surprised how little this seems to have really changed or the tools used, yet we have such a groundswell of management tool makers or so we believe.  If we want to get top management to change <em>their</em> beloved tools I feel it might take a different generation to sweep away the old guard and bring in the new.</div>
<div class="section post-body">
<strong>Yet there are signs of tool management change</strong></div>
<div class="section post-body">
One company pioneering a change in tools is <a href="https://strategyzer.com/" target="_blank" rel="noopener">Strategyzer</a> founded by <a href="https://en.wikipedia.org/wiki/Alexander_Osterwalder" target="_blank" rel="noopener">Alex Osterwalder</a> of Business Model Canvas fame. They are working towards a Strategyzer’s Toolbox of useful Business Tools.</div>
<div class="section post-body">
They are positioning themselves on a mission to find the right remedy for designing future growth engines by wanting to fill that gap by creating a set of tools for business strategy, business design and innovation. Each one of them focuses on solving a specific business problem. I feel they have a long way to go but are certainly on a promising road.</div>
<div class="section post-body">
For Strategyzer they define a business tool through Alex Osterwalder’s  definition:<br />
<em>’Business Tools’ are conceptual frameworks that are specifically designed to help business practitioners solve a concrete (and limited) business problem in a real-world context. The best tools are conceptually sound, simple, practical, visual, have a great user interface (UI) and provide a great user experience (UX). It is these characteristics that make them ‘fit’ for the real world and increases adoption by business practitioners.</em></div>
<div class="section post-body">
According to Strategyzer, Business Tools help strategists address today’s complex challenges in two ways: by providing a structured approach and a shared language.</div>
<div></div>
<div class="section post-body">
<ul>
<li><strong>Structured approach</strong>: tools frame strategic conversations and ensure all the important aspects of a problem are being addressed. They help organize information and prioritize the work.</li>
<li><strong>Shared language</strong>: tools align teams around a visual concept, making complex ideas clearer with an image.</li>
</ul>
<p>In Strategyzer’s view, there is clearly a gap between the tools a company uses to execute a known business model and the tools they use to design future growth engines.</p>
<p><strong>Returning to Bain’s advice might help us work through the tool ‘desire and need’.</strong></p>
<p>As companies seek to grow and innovate in an era of rapid technological change, they offer the following four suggestions based on their research to help managers get the most out of the tools they choose.</p>
<ul>
<li><strong>Get the facts</strong>: Every tool has strengths and weaknesses. And tools’ usefulness can change over time. To succeed, companies need to understand the full effects of each tool and then combine the right ones in the right ways at the right times. Peruse the research and talk to other tool users. Don’t naively accept hyperbole and simplistic solutions.</li>
<li><strong>Champion enduring strategies, not fleeting fads</strong>: Line managers and tool experts don’t always have perfectly aligned agendas. Tool experts may have an engaging perspective, but managers must manage. Companies should champion realistic strategic directions and view tools as an aide, not a panacea.</li>
<li><strong>Choose the best tools for the job</strong>: Managers should take a rational approach to selecting and implement tools. A tool will only improve results to the extent that it identifies customers’ unmet needs, builds distinctive capabilities, exploits competitor vulnerabilities and develops breakthrough strategies.</li>
<li><strong>Adapt tools to your business system—not vice versa</strong>. Bain&#8217;s research shows, for example, that major efforts achieve significantly better satisfaction scores than limited ones. If management can only engage in a limited effort, it may be best to avoid using some tools. It’s also important to keep in mind that satisfaction scores for the same tool can vary widely depending on company size and region.</li>
</ul>
<p><strong>Bain also offers some further important insights</strong><br />
Over time, Bain’s research has provided a number of important insights. Among them:</p>
<ul>
<li>Overall satisfaction with tools is moderately positive, but the rates of usage, ease of implementation, effectiveness, strengths and weaknesses vary widely</li>
<li>Management tools are much more effective when they are part of a major organization effort (critical point this)</li>
<li>Managers who bounce randomly from tool to tool undermine employees’ confidence</li>
<li>The hyperbole surrounding the trendiest of tools often leads to unrealistic expectations and disappointing results (chasing ‘Beta’ tools needs a possible cautious approach)</li>
<li>Decision-makers achieve better results by championing realistic strategies and viewing tools simply as a means to a strategic goal</li>
<li>No tool is a cure-all</li>
<li>Surprisingly globally, the trend toward using fewer tools continues, (which is in exact opposite of what I would have thought)</li>
</ul>
<p><strong>Then we get into Tool Usage Trends</strong><br />
Companies seem to be deploying a wide and ever-shifting array of management tools, to address business challenges and capture business opportunities. The number of adopted tools is partly determined by the organization&#8217;s size, its needs and its abilities to really apply the tools and get these well used in their company.</p>
<p>The size of the management effort is critical to determining tool satisfaction.  The more they use the tool, and give emphasis to it, the more it seems to give satisfaction in capturing and delivering on the tool’s design.</p>
<p>Clearly, the importance of implementing tools across the organization needs top-down support and consistent use.</p>
<p>Presently the highest rated tool is Big Data Analytics; more than half of surveyed executives say that Advanced Analytics are transforming their marketing strategy.</p>
<p>Complexity Management was not a highly used tool even though increasing complexity was identified as one of the most pressing business challenges.<br />
<img data-recalc-dims="1" decoding="async" title="" src="https://i0.wp.com/cdn2.hubspot.net/hub/314186/hubfs/Blog/major_effort_score_table.png?resize=618%2C442" alt="" width="618" height="442" /><br />
<strong>Putting real concerted effort into your chosen tool ‘delivers’ corporate satisfaction</strong></p>
<p>In the above table, you can see different tools vary in their level of satisfaction based on the level of effort put into their implementation. Big Data for instance scores a 4.22 in satisfaction from increased effort and falls to 3.65 with limited effort. Innovation labs show similar variation (4.22 vs. 3.70). Digital transformations have the potential to go very badly, with a score of 4.17 for highly active efforts and 3.52 for low effort operations.</p>
<p><strong>Sorting through the tools need real knowledge of their value and contribution</strong></p>
<p>We also have to remember that the tools you select often have differences in their focus, is it more on revenue growth or cost-cutting, on innovation or customer relationships for example. This may be one reason for the increasing popularity of Big Data Analytics at present, which is helping companies more effectively segment and target customers as currently, companies are looking for greater growth.</p>
<p>Established market firms continue to lean toward using more traditional tools such as Benchmarking, still, the Balanced Scorecard and Employee Engagement Surveys are extensively used, even though these might come in different guises of simple to complex scorecards, dashboards or KPI initiatives, with lots of traffic lights and directional arrows ‘enhancing’ these.</p>
<p><strong>Finally, one tool that is being put into place in the APAC region has for me a really high interest.</strong></p>
<p><strong>Disruptive Innovation Labs</strong><br />
On the 2015 list of Bain&#8217;s is Disruptive Innovation Labs. These foster disruptive innovations—high-risk, high-return breakthroughs that often start at the bottom of a market but eventually displace established competitors.</p>
<p><em>So What do Disruptive Innovation Labs do?</em></p>
<p>Disruptive innovations require different time frames, processes, performance metrics, people and skills than incremental (or “sustaining”) innovations. The evidence shows that Disruptive Innovation Labs work better when separated from core business operations.</p>
<p>Primary benefits of separation include the ability to acquire and retain exceptional talent, work within specialized facilities, offer a higher level of Freedom to challenge conventional wisdom, look to reduced bureaucracy and increased flexibility and offer more entrepreneurial cultures and incentives to build the culture to seek disruption.</p>
<p><em>Companies are using Disruptive Innovation Labs in different ways:</em><br />
Research also shows that Disruptive Innovation Labs benefit from “soft integration” methods, such as social integration of senior teams, job rotations, collaborative planning, shared knowledge networks, and cross-functional teams and task forces.</p>
<p>These methods help to focus the lab’s efforts on real-world problems. They also reduce conflict, leverage existing assets and economies of scale, and encourage the adoption and deployment of breakthroughs.</p>
<p>Most management teams aspire to innovation “ambidexterity”—the ability to fully exploit existing assets while simultaneously exploring new capabilities required for future success.</p>
<p>Disruptive Innovation Labs push organizations beyond incremental improvements. They are often deployed in three situations:</p>
<ul>
<li>When companies face new forms of competition that are stealing market share or reducing profitability</li>
<li>When traditional innovation methods are failing to deliver the required results</li>
<li>When management senses that the organization is growing complacent and needs concrete examples of bold innovations to raise its vision and transform the culture</li>
</ul>
<p><strong>So how aware of this specific trend in disruptive labs were you? </strong></p>
<p>It is presently not trending very highly in Europe or North America and that must give many companies one or two alarm bells around innovation. It would be.</p>
<p>So if you would like to explore more the Management tool and trends survey for 2015 by Bain and Co here is a <a href="http://www.bain.com/publications/articles/management-tools-and-trends-2015.aspx" target="_blank" rel="noopener">further link</a>.</p>
<p>Tools and trends are certainly just piling up, have you established your toolkit yet? Time to take a deeper look at all that pile.</p>
</div>
<p>*********<br />
<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 this added to my own site</p><p>The post <a href="https://thinking4innovators.com/sorting-through-our-innovation-management-tools/">Sorting through our Innovation Management Tools</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
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		<title>Innovation and the Deepening Linkage</title>
		<link>https://thinking4innovators.com/innovations-deepening-linkage/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Fri, 11 Jan 2013 16:51:42 +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 execution delivery]]></category>
		<category><![CDATA[Innovation strategy]]></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[executive innovation work mat]]></category>
		<category><![CDATA[ingenuity in developing countries]]></category>
		<category><![CDATA[innovation advancement]]></category>
		<category><![CDATA[innovation methodology]]></category>
		<category><![CDATA[innovation progress]]></category>
		<category><![CDATA[Innovation Structure]]></category>
		<category><![CDATA[innovation toolkit]]></category>
		<category><![CDATA[leaders work mat]]></category>
		<category><![CDATA[the innovation work mat]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=4825</guid>

					<description><![CDATA[<p>For me, 2012 was a defining year. Much of what I wanted to achieve in bringing together a growing but fairly comprehensive innovation tool set has seemingly materialized. The collaborative work that Jeffrey Philips and I undertook has been a significant contributing factor, and I owe him a big thank you for being such a &#8230; <a href="https://thinking4innovators.com/innovations-deepening-linkage/" class="more-link">Continue reading<span class="screen-reader-text"> "Innovation and the Deepening Linkage"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/innovations-deepening-linkage/">Innovation and the Deepening Linkage</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>For me, 2012 was a defining year. Much of what I wanted to achieve in bringing together a growing but fairly comprehensive innovation tool set has seemingly materialized.</p>
<p>The collaborative work that <a href="http://ovoinnovation.wordpress.com/">Jeffrey Philips</a> and I undertook has been a significant contributing factor, and I owe him a big thank you for being such a great collaborating partner.</p>
<p>Also during the year I have tried to keep a consistent update on the flow of this work through this blog: <a href="http://www.paul4innovating.com/">paul4innovating.com</a> and wanted to keep publishing selected aspects in association with the recognized leaders in innovation knowledge.</p>
<p>I often like to think out loud and it is specifically motivating when others respond positively to what I&#8217;m thinking &#8211; thanks for that, it is motivating and encouraging.</p>
<p>You may not know but I work through two organizational structures, firstly <a href="http://www.agilityinnovation.com">www.agilityinnovation.com</a> that is 100% focused on innovation and also <a href="http://www.hocaconsulting.com">www.hocaconsulting.com</a> that works on subjects important to growing organization’s capability in today’s world but keeping innovation central to the framing solutions.</p>
<p>These combine and underpin my advisory, coaching and consulting work. These need more shaping but do have all the essential content, perhaps too much!<span id="more-4825"></span><br />
<b>Recently I was outlining my thoughts on 2013 <a href="http://paul4innovating.com/2012/12/13/journeying-across-the-darker-side-of-the-innovation-moon/">here</a> and <a href="http://paul4innovating.com/2012/12/30/living-through-2013-on-a-meal-of-innovation-alone/">here</a></b></p>
<p>For me, last year the most important piece of work was around <a href="http://paul4innovating.com/2012/09/16/the-overarching-proposition-for-the-executive-innovation-work-mat/">the Executive Innovation Work Mat</a>. This was conceived and designed by Jeffrey and myself in 2012, to help assess the strengths and gaps that exist in an organizations innovation management process, and to deliver a formal “workout” methodology for those that holding senior positions. who are the biggest influences for innovation to be successful or not.</p>
<p>This work mat approach allows them, through its engagement process, to recognize their roles and all the necessary links within innovation they need to influence and think through.</p>
<p>This work mat provides the essential framing desired around innovation articulated by the senior team, so it then can be used as the mechanism to discuss and communicate this throughout the organization, so they can gather around it and relate their contributions into the innovation need.</p>
<p>The work mat forms a crucial part of the <b>strategic innovation framework</b> that becomes essential to understanding and then building a sustaining set of innovation competencies and capabilities, so as to deliver innovation required and aligned to the organizations strategy.</p>
<p>This work mat can then be used as the communicating framework to <strong>‘cascade</strong>’ throughout the organization, with the aim to achieve engagement and be used as the founding &#8216;mechanism&#8217; to align innovation activities to the strategic intent.</p>
<p>The concept of a Work mat is to ‘wrestle’ over it, to debate and then deliver a formal workout methodology that provides the essential framing desired to be understood throughout the organization to align the innovation activities as much as possible to the strategic direction and goals.</p>
<p>It provides the basis for a well-articulated innovation framework for the organization to work from.<b><br />
</b><br />
<b>Going beyond the Work Mat</b></p>
<p><strong>Beyond the Executive Innovation Work Mat</strong>, I have equally been working on offering a cascading set of frameworks to help innovation executives and teams throughout their organizations to build the methods and structures for strong innovation functions and processes, understandings of cultures, environment and methods.</p>
<p>These are expressly established around strong innovation governance, a clarification and set of approaches to establishing different environment and cultural make ups, mostly through focusing on a fairly broad selection of capability and competency approaches, tools and methodologies.</p>
<p>I do believe the make-up of innovation services that are needed to be offered by external solution providers has to be broad ranging and robust. The range and scope can often be highly dependent on the level of executive understanding associated with innovation and the conditions imposed or set.</p>
<p>You can, as the external facilitator, be highly involved or fairly hands off, more a guide and mentor but this is determined through the conducting of a variety of assessments and audits, drawing down on different training programs and workshops and selecting within a toolbox the different methods and practices to satisfy the inquiring mind, rightly so.</p>
<p>I find a mix of advising, coaching and consulting as a real help. In initial discussions you can define the executive team’s role and create an environment where innovation can be sustained in taking this approach but it is demanding on everyone&#8217;s time in these early &#8216;storming and forming&#8217; discussions.</p>
<p>Researching different aspects to underpin innovation  becomes critical, it provides the position and does validate each of the essential components that make up any approach to innovation. Within the frameworks Jeffrey and I developed it was absolutely necessary .</p>
<p>From this work you can provide a structured and measured process of the transfer of knowledge that can be assimilated and embedded, and then adapted to the unique circumstances you find in each organization. It all adds up to a lot of dedicated work but I believe worthwhile.<br />
<b></b></p>
<p><b>Exploring the Innovation Reference Framework</b></p>
<p>One layer further that Jeffrey and I went was within developing and structuring a comprehensive framework. This was through the application of our <b><a href="http://cirf.pbwiki.com/">Innovation Reference Framework</a></b>, which defines the different cascading activities toward building a robust innovation capability or discipline. It examines four key “layers” of innovation – strategy, people, process and types and delves into each one in considerable detail.</p>
<p>This<strong> Innovation Reference Framework</strong> is designed to ‘map’ back into this Senior Executive Innovation Work Mat to underpin it, with a set of robust approaches to structuring innovation, that enable innovation to be greatly enhanced and linked throughout the organization.</p>
<p>This offers a very useful way into establishing a common language and  you can see through the different modules within the  Innovation Reference Framework a clear understanding  of the essential of innovation. This provides a meeting point for organizational understanding, often missing due to this lack of structure taken here.</p>
<p>This can be viewed at:  <a href="http://cirf.pbwiki.com">http://cirf.pbwiki.com</a>.</p>
<p>I do think this framework provides a reasonable, thoughtful approach to developing a robust innovation capability and ensures your team considers all the relevant aspects of an innovation discipline.</p>
<p>As organizations continue to turn more towards innovation to regain their growth and provide a more sustaining future the ability to ‘frame’ innovation in its entirety becomes critical.</p>
<p>Clearly building competencies and capabilities requires expertise, time and commitment. Having access into a toolkit of innovation solutions, along with access to a deep knowledge base, combined with cross industry experience does certainly offer a broad understanding of all the essential aspects needed for successful innovation, so it can fit together, but in each organizations unique way.<br />
<b></b></p>
<p><b>Innovation is presently gaining greater senior executive attention</b>.<br />
Organizations are beginning to engage in new, often different but exciting experiments to reinvent the way they firstly conceptualize then translate to see how they fit to create the future. There is growing recognition that the old business-as-usual approaches have not produced the desired results or has simply run their course in alternative productivity and efficiency approaches.</p>
<p>Innovation is at a point where it is becoming embedded as a transformation method for its sustaining value and potential for discovering and exploiting new growth. Many are being forced beyond taking just the incremental route within innovation.</p>
<p>Innovation is increasingly recognized as essential to establish in more formal, structured ways as it is the catalyst to provide both the broadest possible relevance to all our futures and the ability to manage the parts that we can specifically impact.</p>
<p>Impact comes from more breakthrough, disruptive and distinctive innovation and this needs careful managing and senior managers specific focus. I&#8217;m trying to be the equipment source and translation point for this.<br />
<b></b></p>
<p><b>Entering 2013 ready to do battle</b></p>
<p>I enter 2013 knowing it is going to be an extremely demanding year, to compete for attention, for funds, for gaining access and people’s time is not going to be easy.</p>
<p>Having the structure, processes and understanding of innovation to the level I have will help me justify and hopefully get me through the door but business development is never easy, is it?</p><p>The post <a href="https://thinking4innovators.com/innovations-deepening-linkage/">Innovation and the Deepening Linkage</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
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