This is an important read for all in leadership and governance who are responsible to make those difficult decisions. It addresses decisions that all companies face ….. there is a caution against the same innovation that succeeded may not be the best today or even tomorrow.
Excerpt: In the mid-90s as CEO of Medtronic, I was concerned about whether we could sustain the remarkable success in innovation that we had enjoyed during the previous 10 years. As we grew, I knew it would be very difficult to continue to create the breakthrough innovations that had led to Medtronic’s high growth rate, which had exceeded 18% per annum for a decade. Then I read Clay Christensen and Joe Bower’s 1995 article “Disruptive Technologies: Catching the Wave” in HBR.
Read full article via The Idea That Led to 10 Years of Double-Digit Growth – Bill George – HBS Faculty – Harvard Business Review.
Another great innovation-explained article this morning. In order to master innovation, understanding the parts that can be managed, controlled and mastered helps us to put aside that innovation is some magical moment or epiphany for which we have no control.
Excerpt: To remain at that leading edge where disruptive innovation happens, companies need to acquire and maintain a clear picture of how their innovation networks are structured. Intensive collaborative innovation has become the rule.
When designing optimized networks, a striking similarity to the complex map of neurons and synapses within a brain emerges – the connectome. This is why we are hereby suggesting to name innovation network mapping the Innovation Connectome. The various nodes are linked by information flows represented by arrows (figure 1). …..
Read full article via Neuronal Innovation – the Next Big Thing After Open Innovation | Innovation Management.
Good read for all leadership, governance and management charged with the responsibilities of ideas, creation, disruption and innovation — Jugaad a model of difference.
Excerpt: In Jugaad Innovation: Think Frugal, Be Flexible, Generate Breakthrough Growth, authors Navi Radjou, Jaideep Prabhu and Simone Ahuja present a new approach to innovation that is fueling growth in emerging markets as well as developed ones. In their book, they outline the six principles of jugaad, a Hindi word meaning “an improvised solution born from ingenuity”: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin and follow your heart. Radjou and Ahuja sat down with Knowledge@Wharton to talk about their approach to fostering innovation in a hypercompetitive world.
Below is an edited transcript of the conversation.
Read full article via Jugaad: A Frugal, Flexible Approach to Innovation – Knowledge@Wharton.
Good read that answers the questions of many newbies — what is and how-to. A thought this morning — do all of you remember the times when “disruptive” in business meant that we we faced the challenging task of sitting a colleague or staff member down to a talk about acceptable and unacceptable behavior in the business — that versus today’s inclusive buzzwords of “you must do this”? Leadership, governance and management
Excerpt: In summary, fast-moving industries are terrific for understanding how changes in an industry affect firm performance, but the speed of innovation in those industries makes it more difficult for us to observe the real nuts and bolts of firms’ innovation processes. Slow-moving industries, in contrast, provide less insight into questions of industry and environmental change, but they are excellent for understanding the ins and outs of successful and unsuccessful product development processes. Thus as we study innovation, one of the questions we need to consider is whether the question is better answered in a fast- or slow-moving industry context and then proceed accordingly.
Read full article via From the Archives: Innovation Fast and Slow | Clayton Christensen.
Recommended read. I loved this article. As you know, I enjoy studies of “why we do what we do” and “why we are who we are” 🙂 There is a bit of an amusing note here ….. I pride myself on being able to frequently determine motivations and like behavior mechanisms in others — but then at the same time, and here is the amusing part, I will also occasionally totally miss the obvious that everyone else immediately hears or recognizes while I am delving deeper into the whys. Leadership, management and communications
Excerpt: Our view of the world is powered by personal algorithms: observing how all of the component pieces (and people) that make up our personal social system interact, and looking for patterns to predict what will happen next. When systems behave linearly and react immediately, we tend to be fairly accurate with our forecasts. This is why toddlers love discovering light switches: cause and effect are immediate. The child flips the switch, and on goes the light. But our predictive power plummets when there is a time delay or non-linearity, as in the case of a CEO who delivers better-than-expected earnings only to wonder at a drop in the stock price.
Enter my co-author, MIT-trained strategist and engineer Juan Carlos Méndez-García, who consults with both start-ups and Fortune 500 companies. According to Méndez-García, one of the best models for making sense of a non-linear world is the S-curve, the model we have used to understand the diffusion of disruptive innovations, and which he and I speculate can be used to understand personal disruption — the necessary pivots in our own career paths.
In complex systems like a business (or a brain), cause and effect may not always be as clear as the relationship between the light switch and the light bulb.
Read full article via Throw Your Life a Curve – Whitney Johnson – Harvard Business Review.
More on gamification from the experts view. Have you explored gamification for your business yet? Predictions are that it is not going away and is, in fact, going to be a major player soon.
Excerpt … explore how game dynamics — like points and feedback — are being applied in the enterprise and beyond to create what analysts expect will become a $2.8 billion market in the U.S. by 2016.
We talked with conference chair and gamification author Gabe Zichermann about why the market is growing, which areas still ripe for disruption and why he believes that trend is growing and not a passing fad.
Read full article via Gamification Just A Fad? Not So, Says Expert – Venture Capital Dispatch – WSJ.
Still struggling with innovation? Or are you perhaps mistakenly assuming you have innovation in hand when in fact, by missing the definition, you are not succeeding?
Excerpt: The good news is none of these ten business innovation barriers are insurmountable. As a result it’s important to understand what business innovation challenge issues you face in your organization. With that understanding, you can take appropriate change management steps to navigate each innovation challenge, enhance your corporate culture, and get business innovation going. That’s what “Taking the No Out of InNOvation” is all about doing:
Read full article via Disruptive Innovation, Change Management and Taking the NO Out of InNOvation | The Brainzooming Group | Strategy Consulting and Strategic Planning.
Good read……. I agree, although like most currently… this is still strictly predictive in my opinion and needs more study and findings as we evolve. I am listening/reading the experts…like this article.
Excerpt…….Mobile access to business data is leading a sea change of trends that will carry enterprises large and small to new technological heights and challenges over the next year, according to a new analysis from Gartner.
Read full article…….via Cloud Computing Exchange | Presented by Information Management.
Here you go guys………start a mantra….I AM CREATIVE, I AM CREATIVE……good works come from such…….. also this will work in other areas and needs……. I AM.(insert as necessary)………..and believe it over and over. For everyone, but particularly for leadership and management
Excerpt……..The bad news is that if you don’t think you’re creative, our survey data say that you probably are not. But there is good news: You can actually become more creative by changing your mind-set. Anyone can innovate, if they choose to. Disruptive innovators do it by choice, not chance. Their everyday actions swap out an “I’m not creative” mind-set for an “I am creative” one. And then magical (not mystical) things unfold.
Read full article……via Crush the “I’m Not Creative” Barrier – Jeff Dyer, Hal Gregersen, and Clayton M. Christensen – Harvard Business Review.
Information technology …..the 2012 trends to watch….. help and/or disruption to your small business.
Excerpt………These trends could make for huge opportunities–or huge disruptions to your business. Either way, they are ones to watch.
Read full article……via 6 Major Tech Innovations for 2012 | Inc.com.
Strategy, innovation and disruption…… leadership tool to help you with your planning and strategy.
Excerpt…….Social media tools and web based collaborative approaches (web 2.0) are a disruptive technology changing business, social and political models by enabling instant, often unmediated content generation and sharing.
Most business leaders anticipate that marketing and sales are the functions within their organisations to make the most use of web 2.0. But communication with customers may not be the most significant benefit. Corporations have used web 2.0 for different applications, and some of the case studies in the tool examine to what effect these innovative uses have been employed.
Read introduction and download tool……….via How to make a business case for Web 2.0. From CGMA.org
A great how-to read….every business is facing change management routinely in today’s environment….this article and the linked sources give you a great outline and explanation to follow in order to succeed. Disruptive innovation, leadership and management
Excerpt…..Change management is the process of planning, implementing and monitoring a shift from one state or process to a supposedly better state or process. The fast-paced changes in the external business environment force almost all organizations to adopt change management on a regular basis, in an effort to catch up with the changed paradigms of doing business, or seize emerging opportunities. This project manager’s guide to change management is indispensible for the project manager…
Read full article and source links here…..via A Project Manager’s Guide to Change Management. From Bright Hub
This article might be helpful for those of you who are trying to determine what is smart disruptive ideas and just plain off the wall ideas ………Strategy and innovation
Excerpt……The most painfully awkward debates I hear in ostensibly innovative organizations revolve around “crazy ideas.” When unexpected challenges arise, what ideas are acceptably crazy? Which ideas are too crazy? Which ideas are so crazy that no one looks at or listens to their champions quite the same way ever again?
Consequently, top management teams tend to be the Goldilocks of crazy: They don’t want insane, and they don’t need conventional; they want their craziness to be “just right.”
Read full article……via Managing the “Crazy Ideas” Conundrum – Michael Schrage – Harvard Business Review.