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	<title>thought leadership on innovation - Building Your Innovation &amp; Ecosystem Intelligence</title>
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		<title>Covering Innovation My Way</title>
		<link>https://thinking4innovators.com/covering-innovation-my-way/</link>
					<comments>https://thinking4innovators.com/covering-innovation-my-way/#comments</comments>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Sun, 07 May 2017 18:06:47 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Building Innovation Capability]]></category>
		<category><![CDATA[Interests]]></category>
		<category><![CDATA[Molecules]]></category>
		<category><![CDATA[customer needs and innovation]]></category>
		<category><![CDATA[disruptive forces for innovation]]></category>
		<category><![CDATA[Ecosystems and Platforms]]></category>
		<category><![CDATA[innovation advice]]></category>
		<category><![CDATA[Innovation needs leadership]]></category>
		<category><![CDATA[insights and innovation thinking]]></category>
		<category><![CDATA[platforms for innovation]]></category>
		<category><![CDATA[the edge becomes the new core]]></category>
		<category><![CDATA[The New Innovation Era.]]></category>
		<category><![CDATA[thought leadership on innovation]]></category>
		<category><![CDATA[transformational innovation]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=13916</guid>

					<description><![CDATA[<p>I set out to engage 100% in innovation work, it has been quite a journey of discovery, relating and then translating the parts into solutions. I still get overwhelmed by the sheer information overload or advice that seems to be offered. Just trying to stay your own course is tough enough but with all the &#8230; <a href="https://thinking4innovators.com/covering-innovation-my-way/" class="more-link">Continue reading<span class="screen-reader-text"> "Covering Innovation My Way"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/covering-innovation-my-way/">Covering Innovation My Way</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p><a href="http://paul4innovating.com/2015/12/22/making-agility-compatible-for-you/learning-agility-2/#main" rel="attachment wp-att-11830"><img data-recalc-dims="1" fetchpriority="high" decoding="async" class="alignleft wp-image-11830 " src="https://paul4innovating.files.wordpress.com/2015/12/learning-agility-2.png?resize=471%2C209" alt="" width="471" height="209" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2015/12/learning-agility-2.png?w=976&amp;ssl=1 976w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2015/12/learning-agility-2.png?resize=300%2C133&amp;ssl=1 300w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2015/12/learning-agility-2.png?resize=768%2C340&amp;ssl=1 768w" sizes="(max-width: 471px) 85vw, 471px" /></a>I set out to engage 100% in innovation work, it has been quite a journey of discovery, relating and then translating the parts into solutions. I still get overwhelmed by the sheer information overload or advice that seems to be offered.</p>
<p>Just trying to stay your own course is tough enough but with all the diversity of views, it must be even more overwhelming for others, those who are asked to take on a role within innovation. Where and who do you turn too must be a real dilemma?</p>
<p>In recent years I have found I need to diversify away from one given &#8216;voice&#8217; on innovation and channel this out into specialized and more focused areas of innovation activity. At present, I have <strong><em>SIX</em> channels open</strong> on innovation advice or advisory service that has made my life partly more complicated but more importantly, able to separate my thinking into these parts, as they deserve a &#8216;deeper&#8217; dive and/or broader exposure.</p>
<p><strong>I thought I&#8217;d outline the six here in this post as the sum of the parts that  contributes to the whole</strong><span id="more-13916"></span></p>
<p>I have two established businesses, one started in 2000 and one in 2008. They are distinct in what they provide as services. Let me illustrate this by a screen lift of their two separate &#8220;main menus&#8221;:</p>
<h4><span style="color: #0000ff;"><a style="color: #0000ff;" href="http://www.hocaconsulting.com/index.php/en/"><strong>HOCA International Consultants</strong></a></span></h4>
<p>It covers many of the adjacencies on innovation. You do need to find out more of the emerging <em><strong>Work to be done</strong></em> as it is a far more the <em>dynamic</em> place for innovation to happen.The <a href="http://www.hocaconsulting.com/index.php/en/work-to-be-done"><strong><em>W</em><em>ork-to-be-done</em></strong></a> is focused on connecting to the emerging dynamic future areas that your Organizational is facing today and then how to work through these so as to respond to the rapidly changing markets and diminishing resources. It&#8217;s areas of focus:</p>
<figure id="attachment_13918" aria-describedby="caption-attachment-13918" style="width: 287px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/hoca-main-menu/#main" rel="attachment wp-att-13918"><img data-recalc-dims="1" decoding="async" class="wp-image-13918 size-full" src="https://paul4innovating.files.wordpress.com/2017/05/hoca-main-menu.jpg?resize=287%2C587" alt="" width="287" height="587" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/hoca-main-menu.jpg?w=287&amp;ssl=1 287w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/hoca-main-menu.jpg?resize=147%2C300&amp;ssl=1 147w" sizes="(max-width: 287px) 85vw, 287px" /></a><figcaption id="caption-attachment-13918" class="wp-caption-text">http://www.hocaconsulting.com/index.php/en/</figcaption></figure>
<h4></h4>
<p>With the types of offering in HOCA we are looking at the roots of organizations values, build the interactions and strengthen the connecting parts that build a strong &#8216;network effect&#8217; in relationships; explore the more emerging practices and seek to build the Enterprise Capabilities that place innovation and knowledge as the &#8216;beating&#8217; heart of your organization.</p>
<h4><span style="color: #0000ff;"><a style="color: #0000ff;" href="http://www.agilityinnovation.com/"><strong>Agility Innovation Specialists</strong> </a></span></h4>
<p><strong>Everything we want to do is 100% focused on innovating!</strong>  Bringing agility, flexibility, adaptability and learning into the innovation equation. We provide the <a href="http://paul4innovating.com/2010/09/13/the-innovation-pathway-curve-of-understanding/">pathways</a> to your future innovation growth through critical focal points of any necessary <a href="http://paul4innovating.com/2014/05/09/so-what-drives-value-creation/">value creation.</a></p>
<figure id="attachment_13919" aria-describedby="caption-attachment-13919" style="width: 302px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/agility-main-menu/#main" rel="attachment wp-att-13919"><img data-recalc-dims="1" decoding="async" class="wp-image-13919 size-full" src="https://paul4innovating.files.wordpress.com/2017/05/agility-main-menu.jpg?resize=302%2C589" alt="" width="302" height="589" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/agility-main-menu.jpg?w=302&amp;ssl=1 302w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/agility-main-menu.jpg?resize=154%2C300&amp;ssl=1 154w" sizes="(max-width: 302px) 85vw, 302px" /></a><figcaption id="caption-attachment-13919" class="wp-caption-text">http://www.agilityinnovation.com/</figcaption></figure>
<p>Agility&#8217;s primary role is to support and extend innovation, in thinking and developing the capabilities and capacities, to match the client&#8217;s ambition and goals, by providing a <em>real depth</em> of innovation insight and advice.</p>
<p style="padding-left: 30px;"><em>&#8220;Our objectives are to identify promising business opportunities, develop innovation expertise and competencies, create value and grow competitive and profitable businesses 100% focused on our innovative support to you&#8221;</em></p>
<p>Agility Innovation Specialists aim is to offer a real &#8220;<em>intensity in innovation</em>&#8221; at its core.</p>
<h4><span style="color: #0000ff;"><strong>Then I have broken down my posting on innovation thinking onto four sites</strong>.</span></h4>
<p>I took this decision, not to make my life extra complicated, <em>which it partly does</em>, but to focus specifically on critical areas of innovation focus. Innovation thinking is diverse and I felt there was a place, space and need to separate my thinking to allow it to go deeper or wider.</p>
<h4><span style="color: #0000ff;"><strong><a style="color: #0000ff;" href="http://paul4innovating.com/">Paul4innovating</a></strong></span></h4>
<p>The &#8216;flagship&#8217; of my innovation posting world is this site you are on:</p>
<figure id="attachment_13920" aria-describedby="caption-attachment-13920" style="width: 929px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/paul4innovatings-innovation-view/#main" rel="attachment wp-att-13920"><img data-recalc-dims="1" loading="lazy" decoding="async" class="wp-image-13920 size-full" src="https://paul4innovating.files.wordpress.com/2017/05/paul4innovatings-innovation-view.jpg?resize=840%2C98" alt="" width="840" height="98" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/paul4innovatings-innovation-view.jpg?w=929&amp;ssl=1 929w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/paul4innovatings-innovation-view.jpg?resize=300%2C35&amp;ssl=1 300w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/paul4innovatings-innovation-view.jpg?resize=768%2C89&amp;ssl=1 768w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px" /></a><figcaption id="caption-attachment-13920" class="wp-caption-text">This posting site: http://box2077.temp.domains/~paulfoui/</figcaption></figure>
<p>This I launched into blogs and posts in August 2010 and is nearing 500 posts which have built up an amazing library of innovation views, advice, solutions and exploratory work. Some of these I&#8217;m really proud of, others were attempts to shift conversations or simply the outlet for my innovation &#8216;rants&#8217; or passions.  I &#8216;house&#8217; my <strong><a href="http://box2077.temp.domains/~paulfoui/blogging-intent/">blogging intent</a></strong> here, describe <strong><a href="http://box2077.temp.domains/~paulfoui/about/">my own innovation journey</a></strong> and provide my collection of <strong><a href="http://box2077.temp.domains/~paulfoui/insights-thinking/">insights and thinking. </a></strong></p>
<p>So this is my &#8216;core&#8217; blog for “<strong><em>building the DNA of innovation</em></strong>” one that is allowing me to wander far and wide, as I see innovation as a living, evolving area of management, discipline, and knowledge. You have to stay open to change, ready to shape as well as rework what know that is in within our existing work, experiences, and activities. I continue to shape and evolve myself, as innovation management is certainly a &#8220;living thing.&#8221;</p>
<h4><span style="color: #0000ff;"><strong><a style="color: #0000ff;" href="https://innovationfitnessdynamics.com/">Innovation fitness dynamics</a></strong></span></h4>
<p>This has been the hardest dedicated site to work with. I have been working away on building a methodology for building innovation capability, capacity, and competencies for a number of years. It seems in permanent beta. This blog is about offering you a pathway towards achieving your own innovation fitness dynamics. The end goal of your journey is simply “<em>the greater fitness you can achieve in innovation capability the more it can equate to a new value creation</em>“.</p>
<figure id="attachment_13921" aria-describedby="caption-attachment-13921" style="width: 741px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/innovation-fitness-dynamics-posting-site/#main" rel="attachment wp-att-13921"><img data-recalc-dims="1" loading="lazy" decoding="async" class="wp-image-13921" src="https://paul4innovating.files.wordpress.com/2017/05/innovation-fitness-dynamics-posting-site.jpg?resize=741%2C121" alt="" width="741" height="121" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/innovation-fitness-dynamics-posting-site.jpg?w=606&amp;ssl=1 606w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/innovation-fitness-dynamics-posting-site.jpg?resize=300%2C49&amp;ssl=1 300w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px" /></a><figcaption id="caption-attachment-13921" class="wp-caption-text">https://innovationfitnessdynamics.com/</figcaption></figure>
<p>There is, again a <strong><a href="https://innovationfitnessdynamics.com/about/">journey story</a></strong>, the <strong><a href="https://innovationfitnessdynamics.com/2015/02/03/9-steps-for-fitness/">nine stages to pass through</a></strong> for building innovation fitness and critically how <strong><a href="https://innovationfitnessdynamics.com/2015/02/03/defining-innovation-capital/">innovation capital</a></strong> becomes the important area of exploration and exploiting. It currently has about 70 posts in the site related to this building of capability and capacity to innovation, through a designed approach to how you can achieve innovation fitness.</p>
<h4><span style="color: #0000ff;"><strong>Innovation Ecosystems</strong></span></h4>
<p>This is a collaborative site I share with Jeffrey Phillips from <strong><a href="https://ovoinnovation.wordpress.com/">Ovo Innovation</a></strong>. This is actually our fourth substantive collaboration together but this time we decided to turn our thinking into a regular viewpoint as the subject is presently evolving before us. We are entering the world of <strong>innovation ecosystems </strong>where broader, more complex innovation challenges, through greater collaborations can be achieved.</p>
<figure id="attachment_13922" aria-describedby="caption-attachment-13922" style="width: 725px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/ecosystems-for-innovators/#main" rel="attachment wp-att-13922"><img data-recalc-dims="1" loading="lazy" decoding="async" class="wp-image-13922 size-full" src="https://paul4innovating.files.wordpress.com/2017/05/ecosystems-for-innovators.jpg?resize=725%2C126" alt="" width="725" height="126" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/ecosystems-for-innovators.jpg?w=725&amp;ssl=1 725w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/ecosystems-for-innovators.jpg?resize=300%2C52&amp;ssl=1 300w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px" /></a><figcaption id="caption-attachment-13922" class="wp-caption-text">https://ecosystems4innovating.wordpress.com/</figcaption></figure>
<p>This site includes our thoughts on what makes up innovation ecosystems and the changes these can offer us in innovation opportunity. What is explored is <strong>ecosystems</strong>, the delivery mechanisms of <strong>platforms</strong> along with other collaborative methods and push towards the new need of today, to deliver a <strong>seamless total solution</strong> that provides customers what they are constantly asking for, to solve their needs and give them greater engagement and experiences.</p>
<p>This thinking is driven by a need for new products <em>and</em> services <strong><em>and</em></strong> experiences, otherwise, we believe customers will continue to turn away from discrete, disconnected products and services, increasingly over time. Shaping and introducing new innovation ecosystems is not easy but it has enormous potential to transform competition and in my view, it is ushering in<a href="http://box2077.temp.domains/~paulfoui/2016/11/29/why-we-are-entering-a-new-innovation-era/"><strong> the new innovation era </strong></a>and providing <strong><a href="http://box2077.temp.domains/~paulfoui/2016/12/02/the-perfect-conditions-for-entering-a-new-innovation-era-in-2017/">the principles of this shift</a> </strong>taking place.</p>
<h4><span style="color: #0000ff;"><a style="color: #0000ff;" href="https://guide4innovating.wordpress.com/"><strong>Guide4innovating </strong></a></span></h4>
<p><a href="https://guide4innovating.wordpress.com/"><strong>Advocating the practice and understanding of innovation</strong></a></p>
<p>This is my recently launched site, in March 2017, dedicated to providing and advocating innovation advice to individuals, and innovation teams. The starting point is &#8220;<a href="https://guide4innovating.wordpress.com/about/"><strong>Building a strong advocacy practice</strong></a>&#8221; and providing a learning platform, dedicated to <strong><a href="https://guide4innovating.wordpress.com/2017/04/26/the-value-in-personal-innovation-learning-journeys/">personal innovation learning journeys.</a></strong></p>
<figure id="attachment_13924" aria-describedby="caption-attachment-13924" style="width: 630px" class="wp-caption aligncenter"><a href="http://paul4innovating.com/2017/05/07/covering-innovation-my-way/advocating4innovation/#main" rel="attachment wp-att-13924"><img data-recalc-dims="1" loading="lazy" decoding="async" class="wp-image-13924 size-full" src="https://paul4innovating.files.wordpress.com/2017/05/advocating4innovation.jpg?resize=630%2C128" alt="" width="630" height="128" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/advocating4innovation.jpg?w=630&amp;ssl=1 630w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2017/05/advocating4innovation.jpg?resize=300%2C61&amp;ssl=1 300w" sizes="auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px" /></a><figcaption id="caption-attachment-13924" class="wp-caption-text">https://guide4innovating.wordpress.com/</figcaption></figure>
<p>My worry continues, even with all the insights and advice out there on innovation, that it continues to flounder. Innovation still gets treated often as an add-on, often overridden, to the more established practices within organizations.  Innovation does need a different mindset, metrics, and operational practice to be able to yield its true potential.</p>
<p>I have thought for some time about the advocacy of innovation, turning my intent into purpose and positioning, by becoming a more dedicated source of essential knowledge for innovators as a guide, mentor, and catalyst for accelerating performance. Although it is early days for a dedicated site, it has been a significant part of my innovation practice for years. all I am doing is giving it a more dedicated focus for clients to visit, decide and then engage with me.</p>
<p><strong>Innovation Advocacy needs strong guidance</strong>.  As I would like to be positioned as a “go to” trusted authority that can influence, argue, advocate new directions, and provide clear options for change, I can push the ‘edges’ of today’s status quo, perhaps be your required catalyst to trigger ideas or offer different insights.</p>
<p>Many executives engaged in innovation are <strong><a href="https://guide4innovating.wordpress.com/2017/04/02/time-starved-innovation-lacking/">time-starved. </a></strong>They are constantly reacting to daily events, focusing and fixing short-term performance. This applies to the top executive down to the most junior. My intent is to help reduce this pressure to constantly advance and stay alerted to changing innovation practices. So in my own limited way, with those that want to engage and explore the &#8216;richness&#8217; within innovation my intent is to help them in their innovation acceleration purpose.</p>
<h4><strong>In summary</strong></h4>
<p>So these are my innovation playpens or sandboxes. I also often write and contribute to many other innovation businesses in different media channels, specifically for innovation thought leadership. The combined effect of my work has been where this activity has been <strong>consistently voted in the top innovation knowledge providers</strong> <strong>since 2011, something I am incredibly proud to have achieved</strong></p>
<p>I enjoy the returns this provides, in awareness, in engagements or leading through to different offerings, speaking, advising, in exchanges and deepening the contacts that I have gained in the years since I started in the innovation space, that was 2001/02, when innovation come clearly into focus as my path to pursue when I lived in Singapore. It has taken on a life of its own ever since.</p>
<p>I certainly believe I can contribute to the wider innovation community that we are all part of, to support the innovation activities we all need to undertake. Through my advising, coaching, writing and mentoring on innovation, as well as through my ongoing consulting and advisory work I attempt to offer a broad innovation service. My aim is to stimulate others to gain fresh insights and knowledge from these collaborative exchanges and explorations through innovation. Each engagement continues to equally grow my own understanding constantly.</p>
<p>I hope by having this multiple channels available, does give you a real value to explore and engage more with me, as each channel attempts to provide answers to your innovation needs to seek out advancement and different insights in the practice of innovation management.</p>
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<p><span style="border-radius: 2px; text-indent: 20px; width: auto; padding: 0 4px 0 0; text-align: center; font: bold 11px/20px 'Helvetica Neue', Helvetica, sans-serif; color: #ffffff; background: #bd081c no-repeat scroll 3px 50% / 14px 14px; position: absolute; opacity: 1; z-index: 8675309; display: none; cursor: pointer; top: 2133px; left: 209px;">Save</span></p><p>The post <a href="https://thinking4innovators.com/covering-innovation-my-way/">Covering Innovation My Way</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">13916</post-id>	</item>
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		<title>Innovation, ecosystems, platforms and the promise of more to come</title>
		<link>https://thinking4innovators.com/innovation-ecosystems-platforms-and-the-promise-of-more-to-come/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Sat, 24 Sep 2016 16:36:02 +0000</pubDate>
				<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[gaining innovation momentum]]></category>
		<category><![CDATA[Innovation Ecosystems]]></category>
		<category><![CDATA[Leading innovation]]></category>
		<category><![CDATA[Building and designing new networks for innovation]]></category>
		<category><![CDATA[collaborative innovation]]></category>
		<category><![CDATA[ecosystems]]></category>
		<category><![CDATA[exporting knowledge and innovation]]></category>
		<category><![CDATA[innovation ecosystems]]></category>
		<category><![CDATA[Innovation jobs-to-be-done]]></category>
		<category><![CDATA[innovation platforms]]></category>
		<category><![CDATA[thought leadership on innovation]]></category>
		<category><![CDATA[Voice of the customer]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=13073</guid>

					<description><![CDATA[<p>Jeffrey Phillips and I are launching our fourth collaboration together, this time we are exploring innovation ecosystems and the growing impact they are having in the business world through their &#8216;conecting and collaborating difference&#8217; that can lead to vastly different final customer experiences. I just want to reaffirm what he has written on this, originally &#8230; <a href="https://thinking4innovators.com/innovation-ecosystems-platforms-and-the-promise-of-more-to-come/" class="more-link">Continue reading<span class="screen-reader-text"> "Innovation, ecosystems, platforms and the promise of more to come"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/innovation-ecosystems-platforms-and-the-promise-of-more-to-come/">Innovation, ecosystems, platforms and the promise of more to come</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="post-title"><a href="http://paul4innovating.com/2016/07/25/digital-transformation-the-need-to-transform-our-innovation-approaches/digital-transformation-2/#main" rel="attachment wp-att-12757"><img data-recalc-dims="1" loading="lazy" decoding="async" class="alignleft size-medium wp-image-12757" src="https://paul4innovating.files.wordpress.com/2016/07/digital-transformation.png?w=300&#038;resize=300%2C240" alt="Digital Transformation" width="300" height="240" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2016/07/digital-transformation.png?w=615&amp;ssl=1 615w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2016/07/digital-transformation.png?resize=300%2C240&amp;ssl=1 300w" sizes="auto, (max-width: 300px) 85vw, 300px" /></a></p>
<p class="post-title"><strong><a href="https://ovoinnovation.wordpress.com/">Jeffrey Phillip</a>s</strong> and I are launching our fourth collaboration together, this time we are exploring <strong>innovation ecosystems</strong> and the growing impact they are having in the business world through their &#8216;conecting and collaborating difference&#8217; that can lead to vastly different final customer experiences.</p>
<p class="post-title">I just want to reaffirm what he has written on this, originally over <a href="http://innovateonpurpose.blogspot.ch/2016/09/innovation-ecosystems-platforms-and-more.html"><strong>on his site</strong></a>.</p>
<p class="post-title">This is what he wrote:</p>
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<h3 class="post-title">Innovation, ecosystems, platforms and more</h3>
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<div class="post-body">
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<p>&#8220;I&#8217;m pleased to announce that Paul Hobcraft and I will be working together on a number of posts that relate to some discussions we&#8217;ve had about innovation, more specifically how innovation must evolve from creating interesting but incomplete solutions to understanding how customers want to have interesting, seamless experiences.  Over the next few weeks we&#8217;ll be writing posts on a <strong><a href="https://ecosystems4innovating.wordpress.com/">new shared website</a></strong> that examine the state of innovation, and provide a reason we think so many innovation outcomes fail to achieve their goals.</p>
<p><span id="more-13073"></span></p>
<p>From that assessment we&#8217;ll look at what customers really want:  solutions and experiences, not discrete products.  People are too busy, too harried, have too little patience and cannot keep up with technology advances.  They don&#8217;t want to be forced to &#8220;stitch&#8221; disparate solutions together, and expect products, services, business models, channels and experiences to work together to provide a complete solution.</p>
<p>In the course of several interrelated blog posts Paul and I will be talking about innovation, the necessary &#8220;ecosystem&#8221; for success, why good innovators won&#8217;t think about products, services and business models in isolation, and how platforms contribute to greater innovation success.  If you are interested in:</p>
</div>
<div>
<ul>
<li>Disruptive innovation</li>
<li>Ecosystems</li>
<li>Platforms</li>
<li>Seamless experiences</li>
<li>Open Innovation</li>
<li>The &#8220;whole experience&#8221;</li>
</ul>
<p>This new site and our subsequent posts on the site will be on point.  What&#8217;s more, we hope you&#8217;ll contribute your ideas, feedback and suggestions on what we are talking about, what we get right and where you think we&#8217;ve missed a concept or an idea.</p>
<p>In the longer term I hope we&#8217;ll convince you that interesting innovation relies on ecosystems and platforms, and disruptive innovation creates new ecosystems.  In fact we believe that along with a product manager, a new role or position will emerge that is equally important: <strong>the ecosystem manager.</strong></p>
<p>But, one step at a time.  I hope you&#8217;ll join us on our shared WordPress site:  <strong><a href="https://ecosystems4innovating.wordpress.com/">Ecosystems 4 Innovators</a></strong>, where we&#8217;ll be publishing our thinking on these and other topics.  Paul has done a great job of pulling together some of our other joint material, which I hope you&#8217;ll take the time to review.&#8221;</p>
<div><strong>My additional notes</strong>:</div>
<div></div>
<div>*The joint material referred to is on this link into <a href="https://ecosystems4innovating.wordpress.com/insights-thinking/"><strong>the insights &amp; thinking page</strong></a>. It has some good material to relate too if you are thinking through many aspects of innovation that need this</div>
<div></div>
<div>* The first &#8220;kick-off&#8221; post is up and can be <strong><a href="https://ecosystems4innovating.wordpress.com/2016/09/22/innovation-is-simply-not-working-anymore/">viewed here</a></strong></div>
<div></div>
<div>* Also, the journey Jeffrey and I have had, over four &#8216;decent&#8217; collaborations, started back in 2010 (I think), and please do read the collaborative story outlined under &#8220;<a href="https://ecosystems4innovating.wordpress.com/about/"><strong>Authors Purpose</strong></a>&#8220;</div>
<div></div>
<div>* Please join us over on this dedicated site of <a href="https://ecosystems4innovating.wordpress.com/"><strong>ecosystems4innovating </strong></a>as we regularly update our thinking under the &#8220;Two Authors- Diverse Opinion&#8221; principle in the weeks and months ahead.</div>
</div>
</div>
<p><span style="border-radius: 2px; text-indent: 20px; width: auto; padding: 0 4px 0 0; text-align: center; font: bold 11px/20px 'Helvetica Neue', Helvetica, sans-serif; color: #ffffff; background: #bd081c no-repeat scroll 3px 50% / 14px 14px; position: absolute; opacity: 1; z-index: 8675309; display: none; cursor: pointer;">Save</span></p><p>The post <a href="https://thinking4innovators.com/innovation-ecosystems-platforms-and-the-promise-of-more-to-come/">Innovation, ecosystems, platforms and the promise of more to come</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
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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>
					<comments>https://thinking4innovators.com/deeper-read-or-quick-summary-finding-the-time/#comments</comments>
		
		<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" loading="lazy" 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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		<title>Delving into a complex world: helping to keep pace</title>
		<link>https://thinking4innovators.com/delving-into-a-complex-world-helping-to-keep-pace/</link>
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		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Mon, 25 Jan 2016 11:43:10 +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[Molecules]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[absorbing innovation knowledge]]></category>
		<category><![CDATA[consulting on innovation]]></category>
		<category><![CDATA[fresh innovation thinking]]></category>
		<category><![CDATA[innovation leadership]]></category>
		<category><![CDATA[innovation leadership gap]]></category>
		<category><![CDATA[knowledge discovery]]></category>
		<category><![CDATA[knowledge exchange]]></category>
		<category><![CDATA[thought leadership on innovation]]></category>
		<guid isPermaLink="false">http://paul4innovating.com/?p=11906</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 for ourselves, we know all around us seems to constantly increase in its complexity but how are we keeping &#8230; <a href="https://thinking4innovators.com/delving-into-a-complex-world-helping-to-keep-pace/" class="more-link">Continue reading<span class="screen-reader-text"> "Delving into a complex world: helping to keep pace"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/delving-into-a-complex-world-helping-to-keep-pace/">Delving into a complex world: helping to keep pace</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><a href="http://paul4innovating.com/2016/01/25/delving-into-a-complex-world-helping-to-keep-pace/complex-world-1/#main" rel="attachment wp-att-11908"><img data-recalc-dims="1" loading="lazy" decoding="async" class="alignleft wp-image-11908" src="https://paul4innovating.files.wordpress.com/2016/01/complex-world-1.png?w=215&#038;resize=270%2C377" alt="Complex World 1" width="270" height="377" srcset="https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2016/01/complex-world-1.png?w=369&amp;ssl=1 369w, https://i0.wp.com/thinking4innovators.com/wp-content/uploads/2016/01/complex-world-1.png?resize=215%2C300&amp;ssl=1 215w" sizes="auto, (max-width: 270px) 85vw, 270px" /></a><em>&#8220;The world has never been as complex, dynamic and uncertain as it is today and the pace of change will only increase.&#8221;</em></p>
<p>We hear this consistently, our continual problem is trying to make sense of it for ourselves, we know all around us seems to constantly increase in its complexity but how are we keeping pace or at least trying too? I can&#8217;t check out of the human race just yet, can you afford too? If not then read on.</p>
<div class="section post-body">
<p>For me, I try to attempt to keep up to date by investing increasing time in acquiring a better understanding, a deeper knowledge of all the interconnected parts. 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 to understand or at least to raise their awareness.</p>
<p>Even if we are “time starved” we simply must try and keep moving along in this understanding and hopefully once in a while keeping ahead of the curve, or think we are!</p>
<p><strong>There is one rich source of knowledge that comes from many of the larger consulting firms. </strong></p>
<p><span id="more-11906"></span>The emphasis from many of these leading consultancies has been on establishing a clear “thought leadership” approach to underpin their expertise and attract as a &#8216;go to&#8217; resource. As this is being published in more open ways than ever before, it is not just the client that is benefiting from this research or learning but the wider community. I extract a lot of insights, value and confirmation from staying connected into these consultancies. Do you?</p>
<p>Many of the bigger consulting companies offer a highly valued “thought leadership” with significant research backing this up. Their access to board rooms and global scale does give them a significant edge but it is how they &#8216;translate&#8217; this into client value becomes the determination of its value.</p>
<p>Many of these investing significantly into this area of insight are presently actively trying to quantify the impact of this thought leadership. Recently I read 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>  that they found that half of these rarely read thought leadership, so that automatically halves the size of the ‘market’.  But yet…and this is where it becomes potentially valuable&#8230;..</p>
<p>Critically, of the remaining ‘active’ consumers, between 50% and 65% are surprisingly passing material on, yes, passing this on as it resonates or is valuable to someone else within the organization currently working upon or wanting to understand this particular area a little more. This encourages reading more from the same firm, and so on, continuing to build trust and a resource source.</p>
<p>As this trust builds the potential client 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.</p>
<p><strong>The really important sniff test is “so what?”</strong></p>
<p>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. 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.</p>
<p>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”.</p>
<p>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.</p>
<p>Then we have the consistency test: Sourceforconsulting found firms dividing into three groups: the consistently good (a very small number), the consistently bad (a slightly larger number) and the consistently inconsistent (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.</p>
<p><strong>One consulting firm that I feel is doing a very good job &#8211; Deloitte’s US division and it needs &#8216;calling out&#8217;<br />
</strong></p>
<p>Firstly I picked up on a quote according to the Chairman and CEO of Deloitte Consulting LLP, Jim Moffatt:</p>
<p>&#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.</p>
<p>Deloitte have set up different thinking tanks. An exceptional one is <a href="http://dupress.com/" target="_blank" rel="noopener">Deloitte University Press</a> who publish 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:</p>
<p><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"  /></p>
<p>Last year they provided some exceptional reports and views in my opinion I thought I’d spend a little time raising your interest, curiosity and learning on this picking on some areas I found relevant to me.</p>
<p><strong>Firstly, let&#8217;s give praise where praise is due.</strong></p>
<p>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. I only touch on some points of possible interest:</p>
<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, cofounder 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">s</a><a href="http://dupress.com/articles/smart-mobility-trends-study-findings/?top=6" target="_blank" rel="noopener">mart 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>I would recommend Deloittes University Press and their <a href="http://dupress.com/collections/">updated collections archive</a> to work through. It has recently been added I think from my recent searching*</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. I&#8217;d recommend you keep them on your radar as valuable to tap into and learn from.</p>
<p><strong>Thought leadership is really a very, very big, growing business. </strong></p>
<p>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. If those people are in the position to buy, 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 amount of yellow markers I am applying to these. That is partly my litmus test of quality, interest and learning.</p>
<p>Thought leadership is important to demonstrate today so not only can clients help “size and fit” the thinking with their challenges but for people like me enable me to provide a more comprehensive view of breaking trends, issues or thinking that many of my &#8216;time starved&#8217; clients appreciate being introduced too. It helps me in being seen more as a trusted source of relevant and unbiased knowledge that helps them form a &#8216;greater&#8217; opinion, hopefully with my ongoing help.</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 added to my own site as well.</p>
</div><p>The post <a href="https://thinking4innovators.com/delving-into-a-complex-world-helping-to-keep-pace/">Delving into a complex world: helping to keep pace</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">11906</post-id>	</item>
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		<title>New report: Improving returns on your innovation investment</title>
		<link>https://thinking4innovators.com/new-report-improving-your-return-on-your-innovation-investment/</link>
		
		<dc:creator><![CDATA[@paul4innovating]]></dc:creator>
		<pubDate>Sun, 03 Mar 2013 11:12:20 +0000</pubDate>
				<category><![CDATA[Achieving innovation engagement]]></category>
		<category><![CDATA[Advancing innovation]]></category>
		<category><![CDATA[amplifying the innovation signal]]></category>
		<category><![CDATA[gaining innovation momentum]]></category>
		<category><![CDATA[Integrated Innovation Thinking]]></category>
		<category><![CDATA[Shifting dynamics in innovation]]></category>
		<category><![CDATA[Tackling innovation]]></category>
		<category><![CDATA[consulting on innovation]]></category>
		<category><![CDATA[encouraging best practicies for innovation]]></category>
		<category><![CDATA[innovation performance]]></category>
		<category><![CDATA[innovation practice]]></category>
		<category><![CDATA[Innovation Structure]]></category>
		<category><![CDATA[reports and studies on innovation]]></category>
		<category><![CDATA[thought leadership on innovation]]></category>
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					<description><![CDATA[<p>I highly value the studies that are undertaken by larger consulting firms. They have the C-level access and geographical reach to give us some critical insights into the progress of innovation. Recently Arthur D Little provided their latest innovation excellence study, its 8th Global Innovation Excellence Study, into what companies can do to achieve a &#8230; <a href="https://thinking4innovators.com/new-report-improving-your-return-on-your-innovation-investment/" class="more-link">Continue reading<span class="screen-reader-text"> "New report: Improving returns on your innovation investment"</span></a></p>
<p>The post <a href="https://thinking4innovators.com/new-report-improving-your-return-on-your-innovation-investment/">New report: Improving returns on your innovation investment</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>I highly value the studies that are undertaken by larger consulting firms. They have the C-level access and geographical reach to give us some critical insights into the progress of innovation.</p>
<p>Recently <strong>Arthur D Little</strong> provided their latest innovation excellence study, its 8th Global Innovation Excellence Study, into what companies can do to achieve a better return on their investment in innovation management. The report can be downloaded or <a href="http://www.adlittle.com/reports.html?&amp;view=561">viewed here</a> and outlines in their opinion what really works in terms of managing the innovation process.</p>
<p>They offer some good pointers and understanding of what differentiates top innovators within and across industries. It also suggests that it provides new insights into what companies can do to achieve a better return on their investment in innovation management. I think it does fall a little short on a depth to support and validate these claims in my opinion, but it does still provides sound insight.</p>
<p>They specifically attempt to focus on understanding what differentiates top innovators from other companies in different industries. Drawing on over 650 responses, the study sheds new light on the basic key question: what innovation management techniques are most important in achieving a better return on innovation investment? The results they suggest are important for any company that wishes to stay competitive.<span id="more-5129"></span><br />
Overall the report highlights six key insights:</p>
<p><span style="color: #0000ff;">1. There is strong evidence that excellence in innovation management based on Arthur D. Little’s model leads to higher innovation performance.</span></p>
<p>It is such a pity they lead off with this ‘claim’ adopting their best practices helps to achieve innovation success. I would strongly argue adopting any good, coherent framework will contribute to improving performance, providing you give this the dedicated focus, resources and top management commitment. I think they have put the &#8220;cart before the horse&#8221; by leading with this.</p>
<p><span style="color: #0000ff;">2. Top quartile innovation performers obtain on average 13% points more profit from new products and services than average performers, and 30% shorter time-to-break-even, although the gap is narrowing.</span></p>
<p>They argue the gap in best and worst performers has narrowed in recent years and past under-performers can and do catch up and maintaining a lead in innovation performance is getting harder. I&#8217;d have liked to have this observation explained or validated some more.</p>
<p><span style="color: #0000ff;">3. Innovation performance achieved has decreased on average since 2010, yet satisfaction with this level of performance has nearly doubled</span></p>
<p>This is the really  interesting point for me. Comparing 2010 and 2012 results, they found a <strong>significant overall decrease of up to 25% in innovation performance</strong> across a range of industries and suggest this may be driven by the tough market conditions of recent years which have forced companies to focus on short term performance, as well as issues specific to certain industries.</p>
<p><strong>In contrast,</strong> <strong>they found that overall satisfaction with innovation performance increased significantly from 25% to 42%</strong>, although the majority of respondents are still dissatisfied. They conclude on this point that this might also reflect recognition that innovation success is getting harder to achieve.</p>
<p><span style="color: #0000ff;">4. There is a clear correlation between capability in innovation measurement and innovation success, yet less than 20% of companies believe they have a good innovation measurement capability.</span></p>
<p>What they found as more surprising is that less than 20% of companies believe they are better than average in innovation measurement capabilities and indicates the level of dissatisfaction with their efforts to measure innovation performance.<br />
They offer the view this underlines both the inherent difficulty of effective measurement of innovation, and the significant potential for companies to improve their capabilities in this area.</p>
<p><span style="color: #0000ff;">5. Certain innovation management practices have a particularly strong impact on innovation performance</span></p>
<p>Top innovation performers invest relatively more in radical improvements to products, services and business models, as opposed to incremental improvements. They suggest there are four basic practices but the key, for me, is the one of mobilizing the whole organization to develop new ideas. I would argue mobilization across all that innovation covers is critical, not just new ideas but ideas to commercialization.</p>
<p><span style="color: #0000ff;">6. Top innovators do much better in adopting best practices in accelerating growth</span></p>
<p>The study found that top innovators are better at identifying unmet needs, fostering an entrepreneurial culture and leveraging existing key competencies.</p>
<p><strong>Another really important point for me that is often understated.</strong><br />
They pick up on it is the organizations ability to overcome important <i>internal </i>challenges such as getting top-management support, enabling fast decision-making and establishing productive cross-functional relationships that gives them innovation leadership.<br />
<b></b></p>
<p><b>The conclusion of the study.</b></p>
<p>The study concludes with the two important insights: there is a strong correlation between adoption of new business growth practices and achieving innovation success and top innovators are more effective at dealing with internal barriers.</p>
<p>I think the study gives encouragement that having a focused, disciplined approach to innovation does make a difference. By tackling the internal barriers successfully will change innovation performance. It is not a ground breaking study but it does offer some helpful focal points to improve organizations performance.<br />
<b></b></p>
<p><b>The real disappointment for me?</b></p>
<p>I still feel disappointed they started off with promoting their own model as blatantly as <i><span style="text-decoration: underline;">the</span></i> reference point to success. I am not a lover of  generalizing around &#8220;best practice&#8221;. I&#8217;m of the school arguing for &#8220;emerging practice or novel practice&#8221;.</p>
<p>I also wonder if they have not fallen into this old trap of perhaps practice leader’s self-justification for this study, hard as it might seem as a comment. This tends to be for me the older consulting practice approach of self-promotion that I believe actually constrains your perceived value to clients. Today a more detached view seems to offer greater consulting judgement even in best practice observations.</p>
<p>I quote from <a href="http://www.sourceforconsulting.com">www.sourceforconsulting.com</a> in <a href="http://www.sourceforconsulting.com/blog/2013/02/07/2013-the-bells-tolls-for-the-old-thought-leadership-model/">a recent article</a> “Consulting firms need to re-think their approach to thought leadership from scratch.  Less money should be frittered away by people writing whatever they want and more invested in centrally co-ordinated thought leadership.  Some seriously innovative thinking needs to go into developing a game-changing approach to content or publication”</p>
<p>I would apply this observation also to this Arthur D Little study. To quote again from the above <a href="http://www.sourceforconsulting.com">www.sourceforconsulting.com</a> article “Research is a good example: liberally distributing the results of an expensive survey in your publications used to be a differentiator but even the smallest firms do this now; primary research has to be either very clever or very big to stand out”</p>
<p><strong>My final thoughts</strong><br />
I think the Arthur D Little innovation practice does make a really sound contribution to innovation practices without doubt. I think they can do a whole lot more actually.  I really do think translating their observations from benchmarking and best practice observations can be significantly lifted up in being real value differentiators by extending their existing toolkit at <a href="http://www.adl.com/InnovationExcellence">www.adl.com/InnovationExcellence</a> into something more dynamic as a &#8220;must go to&#8221; source.</p>
<p>They need this deeper thinking through of thought leadership, aligning their innovation practice and the growing knowledge coming into them to provide a distinctive set of offerings . There are surely,  far more imaginative ways to offer us all more value from their studies, from their engagement and practice involvement than simply leading with &#8220;strong evidence suggests our model leads to higher innovation performance&#8221; and you read on with that growing feeling they are simply working backwards to this opening validation, as you read more of the report.</p>
<p>I think they can do better, they have the capability but not yet the right application and end goal. Innovation and its management needs broader engagement by the larger consultants.</p>
<p>There is a real leading innovation practice space to fill and this goes way beyond existing approaches made by the bigger consultancy firms or the ones exclusively focusing on innovation. A large diverse innovation practice can fill this space but it needs so much more. Will anyone step up to the plate I wonder, it needs it.</p><p>The post <a href="https://thinking4innovators.com/new-report-improving-your-return-on-your-innovation-investment/">New report: Improving returns on your innovation investment</a> first appeared on <a href="https://thinking4innovators.com">Building Your Innovation & Ecosystem Intelligence</a>.</p>]]></content:encoded>
					
		
		
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