Building out the four main components of Innovation Ecosystems

October 17, 2023Posted inBusiness Ecosystem Understanding, Business Ecosystems, Innovation Ecosystems, Knowledge Ecosystems, Network & Collaborating Effects, Value Creation Dynamics, Value Designing

The interplays and interfaces available from technology and AI applications available to us today can deliver completely different, more compelling innovations. I have been looking at the combination effect of humans, technology and AI in this new interplay on my paul4innovating.com site.

Within this research, I have been questioning how innovation has changed in the last ten years but, more importantly, how design thinking will adapt due to this technology and AI adoption as the avenue of future exploration.

Couple this with Ecosystem thinking and design, and we are moving towards a different, more integrated framework for innovation ecosystems. I provided the story for Innovation Ecosystems as needed to be explained in a previous post.

I see four main components within innovation ecosystems that must be expanded to give this framework meaning. Value creation, knowledge transfer, co-creation and competitive positioning.

Why these four components?

Technology is the critical enabler of Ecosystems.

October 11, 2023Posted inBusiness Ecosystem Understanding, cross-sector collaborations, Innovation Ecosystems, Knowledge Ecosystems, Network & Collaborating Effects, Value Creation Dynamics, Value Designing

I have been spending time arguing for and validating why and how ecosystems in business and applying innovation in their design and thinking are the growing future mechanism for managing new growth, delivering impact and value within Business, and for the final consumer of the goods and services.

The potential within deploying ecosystem thinking can be derived from this highly collaborative approach in finding new ways to design and deliver different options to the existing offerings, offering a different value creation potential, providing for more compelling solutions and finding different ways of solving often complex problems with this co-creating approach.

Yet, I have realized that I have not given the time or attention to the technology issues associated with the move towards adopting an ecosystem approach. So, this post begins to address this.

I believe technology is a vital enabler for building out thriving ecosystems.

Does our technology understanding in organizations and its application to Ecosystem thinking and design fail to be clearly understood as needing a different, perhaps distinctive, structural approach or system?

Building out capability based on a single organization’s needs is a mistake. Understanding the differences in collaborating, co-creating and exchanging across organizations needs a very different design, security and approach mentality.

Fusing Human and Technology to Enable Innovation Ecosystems to Thrive

September 3, 2023Posted inAchieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Business Platforms and Ecosystems, Customer Seamless Experiences, gaining innovation momentum, Improve Collaboration & Communication, Sustainability, Value Creation Dynamics, Value Designing

“Making something harmonious” often means we have to reconcile differences to balance out the tensions and issues to enable and make them compatible to work.

“Fusing” human engagement with technology enablement involves creating a harmonious integration of human collaboration and technological tools to enable an ecosystem’s successful development and operation. Is that possible?

How do we go about evaluating all the possible needs of customers, as they are mostly our success arbitrators? We must gain insights and refer through multiple information sources- digital data and direct human responses – than ever before; these insights are becoming essential to our businesses.

Calibrating the right way to use technology to create mutual benefit is an increasing theme across businesses, which means we need high levels of interdependence.

Please, we need a different Innovation narrative

September 16, 2022Posted inAchieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Business Platforms and Ecosystems, Innovation Ecosystems1 Comment
(Visual adapted from AFSC explaining a narrative, in this case, social justice)

I have been struggling for quite some time with innovation’s increasing difficulties in influencing growth and achieving real impact.

I see many comments on the failure of innovation, in its inability to be at the core of an organization’s ambitions for growing and changing. Actually it is a long list of issues and concerns that we so often paper over and don’t fully address. There is a time for making a real change and I feel that could be now by shifting our thinking towards innovation ecosystems.

Let’s reflect first on the constraints or barriers that innovation faces, much self-imposed.

Innovation “fights” to attract resources, to gain management attention or to appreciate fully the difficulties and uncertainties in the time it takes, in its potential risks and its need often for a more ambitious and bold commitment of support and belief.

Our innovation processes stay locked in islands of knowledge, stubbornly not flowing across organizations, informing others and giving the right levels of insights, support, or collaboration needed. Innovation software management continues to be sold piecemeal, so often just bolted onto the other selected parts already in place, not being optimized.

Gaining energy and idea generation

August 29, 2022Posted inAchieving innovation engagement, Advancing innovation, Building Innovation Capability, Fresh thinking, Shifting dynamics in innovation, Sustainability

Gaining energy and idea generation

I have been asking myself how a combined effect of innovation and ecosystem design thinking will support the energy transition we are undertaking to give it additional traction and generation.

Let me share my thoughts and proposition here.

The vital “infusion” of innovation in thinking, approaching and building this into the front end of any energy transition provides a greater discovery structure and process that can greatly facilitate the changes, with more informed knowledge, insights and validation of a path to travel.

Finding fresh ideas and momentum

Establishing an innovative business platform adoption approach

August 24, 2022Posted inAchieving innovation engagement, Advancing innovation, Building Innovation Capability, Business Platforms and Ecosystems, Innovation Ecosystems, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

The Combination Effect for Adoption in today’s world

The level of interest in business platforms in the B2B space has rapidly grown. Platforms are more viable and relevant today than ever. The platform’s ability to offer multiple values will influence many of the client’s adoption decisions over the choices their business will engage with.

I wrote a recent article on my ecosystem and platform posting site, “Exploring points of value in adopting business platforms.”

I suggested in this post, “Platforms allow you the opportunity to innovate in very different ways. They can add value through collaborations that can add more to the internal efficiency options through learning and sharing. Platforms help manage the difficulties of transitions we are all undergoing and change how we see the world through a broader collaborative set of lenses.”

Recently in Stanford Social Innovation Review, an article on the “Adoption of Innovation” by Benjamin Kumpf & Emma Proud is well worth the read as adopting any innovation process is a tough, slow one.

They take a position on looking at behavioural approaches suggesting when behavioural insights have been adopted, innovation has ceased to be “innovative.” When a method, technology, or approach to a problem has moved from the experimental edges of an organization to the core of its work: no longer a novelty but something normal and institutionalized. My fear here is this becomes “static” and losses its dynamism.

New innovation approaches to counter the fear of Business Contagion

August 11, 2022Posted inAchieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, Innovation Ecosystems, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

Choosing new innovative approaches to counter the fear of Business Contagion

What has been changing in how we approach innovation, and have we taken the opportunity to radically revise the innovation system and process accordingly?

Many of our innovative approaches or systems are based on very often just an internal perspective, restricted in available resources and limited knowledge and insights, often constraining the evolving new solutions and then limiting the impact and outcome.

For many years open innovation has been encouraged to be adopted to break out of this very narrow internal focus. Having a real diversity of opinion with this greater access to different knowledge and experiences does open up our thinking, but it is, on its own, not enough to make a real difference, especially in times of acute change. We need to put to use a different innovation model or approach.

We are at the cusp or already into significant changes to how the world, society and we as individuals will manage or engage going into the future.

This is my second post discussing the belief that we are being to see a real contagion breaking down how we have been operating and living in the world.

We are facing the potential of unprecedented change, and we need to recognize how a different approach to innovation can help offset or mitigate many of the destabilizing aspects and provide a pathway to managing differently in a new environment that will inevitably come from this contagion.

The fear of business contagion requires different innovation response

August 8, 2022Posted inAchieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, Improve Collaboration & Communication, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation1 Comment

Business contagion requires different innovative responses.

We are presently facing a profound set of changes in the conditions that businesses operate within the immediate years ahead, that of the fear of business contagion; these will need a different set of innovation shifts and responses to counter this and seize new opportunities.

Over two posts, I want to lay out the underlying concerns (here) and the new dynamics we can deploy by changing how we undertake innovation as my second post.

This first post discusses what is changing, and there is a growing argument in what I am seeing that we are facing one of those contagion periods where one set of conditions is triggering another, followed by another.

Innovation requires a more dynamic systematic approach

July 28, 2022Posted inAchieving innovation engagement, Advancing innovation, Building Innovation Capability, Foster Performance, gaining innovation momentum, innovation execution delivery, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation

Innovation requires a more dynamic, systematic approach

All companies talk about innovation and its growing importance, but why is it that still so few succeed in actually doing it on a repeatable scale?

What inhibits innovation? What would drive innovation success? What aspects of innovation are critical to achieving such innovative growth? Where should a company place its emphasis to gain both an improving impact on its performance and strengthen its innovation capabilities?

The difficulty for many is that innovation is a complex process that has many intangibles within the total mix to manage. Management today is far happier managing the ‘harder’ aspects of business, the current physical ones of everyday organization, not the ‘softer’ more intangible ones, where innovation often lies or emerges from.

Positioning my innovating approach

Positioning my innovating approach

July 22, 2022Posted inAchieving innovation engagement, Advancing innovation, amplifying the innovation signal, Building Innovation Capability, Fresh thinking, gaining innovation momentum, Innovation Ecosystems, Integrated Innovation Thinking, Shifting dynamics in innovation, Tackling innovation
I want to find a new way of approaching innovation, a new positioning, and these are my opening statements to be questioned and built upon Chasing dedicated focal points, looking…