Today I read an interesting blog article on Innovation which starts with: "To generate creative business ideas, breakthrough innovators must be fiercely tested and wisely deployed (…) Truly innovative people are rare. Perhaps, 5% or 10% of the high potential managers within a company at any given time have the skills and attributes to become innovators.”Read Jeffrey Cohn, Jon Katzenbach, and Gus Vlack’s paper, “Finding and Grooming Breakthrough Innovators,” on HBR." The author … [Read more...] about Innovation – Individual or team effort – “Collective Leadership”
Wanting change is one thing but can your organization cope with disruptive innovators? We often hear that businesses and organizations of all sizes crave to be more innovative. They certainly do not want to be 'out of date', and want to keep providing customers with the products and services they need. But do we really understand innovation and the costs? Do we really want innovative companies? Are we prepared to disruptive our whole industry, and put some of our cash cows to bed? There … [Read more...] about Disruptive innovators – Can your organization cope?
Growth and development are critical for all parts of the world. Developing infrastructure is a key solution for long term sustainability and growth. Hot in the world news at the moment is the need for India to have a more structured financial system, for more of its population to have bank accounts, and yet only a small percentage of the population does. To meet this goal the Indian government is currently offering licenses to open new banks, and the requirement of being granted the license is … [Read more...] about Leadership & Innovation do we really learn?
What Is Your Creativity And Risk-Taking Orientation? Measuring the creative sense and risk-taking orientation of individuals in organisations helps to explain why one organisation (or team) stagnates and dies, another takes excessive risks and lands in bankruptcy, and yet others are moderately to extremely successful. Understanding the eight orientations of innovation can help improve performance and change. As the Creatrix model suggests, your creativity and risk-taking orientation can be … [Read more...] about Eight Orientations of #Innovation
What is Business Transformation? Increasingly in the worlds of project management, change and organizational development the term Business Transformation is being used. But what does it mean? What is exactly is Business Transformation? Is it change re-branded? Is it outsourcing? Is it a way for IT companies to sell additional services? In this unique piece Mike explores Business Transformation and looks at how this approach can be used in your company. He gets behind the hype and looks at what … [Read more...] about What is Business Transformation?
Eight things leaders do… 1. Creates vision and sets direction 2. Focuses on ‘what might be’ 3. Thinks strategically, has insight sees long term 4. Inspires, influences, persuades others to follow 5. Acts decisively, models the way 6. Develops a diversity, competency, empowerment 7. Translates vision and mission into strategy and action 8. Maintains customer focus Deborah Atkinson … [Read more...] about Eight things leaders do…
Innovation the missed management element? While looking at some references for a post on objectives and objective setting, I discovered an interesting entry by Drucker in his seminal work "The Practice Of Management". In my version (p53 1963 Mercury books ) Drucker identifies eight areas for an organisation to have strategic objectives (in this order): Market standing Innovation Productivity Physical & financial resources Profitability Manager performance & … [Read more...] about Innovation – new or coming of time?
How do you innovate when budgets are cut, prices of high tech are increasing and you have less people to do more with? Innovation in a recession Innovation is about more than new products and technologies - its about ideas - and ideas from your brain and the brains of your people and networks can be free - all you need to do is give permission to be creative harness the ideas that result - some you can use - most you wont be able to... yet. In her book The Innovation Equation, Jacqueline … [Read more...] about Innovation in a recession
Creating an organisational wide innovation culture Ever heard people say... “What we need in this organisation is innovation”, “Creativity will give us the edge”. Leaders often utter these words with little realisation of the difficulties of bringing about a fundamental shift in the behaviour necessary to create an innovation culture across the enterprise. “We can empower people to bring new ideas, we’ll run some workshops on creativity” if only it were that simple. But alas this … [Read more...] about Creating an organisational wide innovation culture
Innovation Index - is it relevant to 99% of businesses? Innovation, we all are being asked to deliver it, but can we agree on what it is? Does it even matter? Politically, many countries and global firms are involved in some form of Global Innovation Index, but does this really tell us what is happening, or who the innovative organisations really are? Produced as a joint venture by The Boston Consulting Group (BCG), the National Association of Manufacturers (NAM), and The Manufacturing … [Read more...] about Innovation Index – Practical & Real?
Lack of Clarity Misleads Others Earlier this week Tesco Mobile (a division of the UKs largest retailer published a "Top 100 Inventions In History". The survey asked 4,000 people to compile a list of the 100 most important inventions in history. The results are a not too surprising collection of both inventions, innovations and adaptations. A shame as this will only lead to further "educate" the public into believing that innovation and invention are the same. In the research,,The Telephone … [Read more...] about Innovation and Invention… get confused again
Creativity and Innovation Models There are many approached to creativity and innovation, however many users look at the technique and not the process or barriers. In our brief article on the 4-As (Aim Assess Activate & Apply) we looked at how this process could be easily used to help develop the innovative capacity of an organization. Here we look at the model in more depth, and with a practical approach showing how each step can be applied within an organization. The Creatrix … [Read more...] about Creativity and Innovation Models – applying in practice
Introduction The Trust vs. Risk matrix is a management tool that can help you determine your entrepreneur profile based on your attitude to risk and your attitude to trust. Pros This simple matrix can give you an idea of the type of innovator you are, and the qualities you need to develop in order to maximize your chances of success. Cons Innovation and enterprises can take various shapes and forms. This matrix lays out a clear hierarchy between profiles, … [Read more...] about Management model – Trust -v- Risk
Eight orientations of leadership in innovation 1. Sustainer 2. Dreamer 3. Challenger 4. Innovator 5. Planner 6. Modifier 7. Synthesiser 8. Practicalizer Byrd & Brown … [Read more...] about Eight orientations of leadership in innovation
4A Model for Innovation- Aim, Assess, Activate, Apply #Innovation and the Creatrix Model The Creatrix Model for developing innovation follows a simple four-step methodology: Aim, Assess, Activate, and Apply. This model is the foundation for unleashing innovative capacity for change within individuals, teams, and organisations. Aim: If I say to you, "I want you/your team/your organisation to be more innovative," what does that mean? The word innovation by itself has little value … [Read more...] about Innovation Aim-Assess-Activate-Apply model
We have many such pages on our site, but until recently have not had a place to install short pieces of information and articles. This section of our site will provide just that - a place for us to put short articles etc. To keep track of articles etc here you can follow us on twitter or follow the rss feed on this page. Thanks for visiting … [Read more...] about Leadership, Management, Business, HR and OD articles
On Wednesday 6 June 2008 at the IoD in London another group undertook training in use of the Innovation Equation developed by Byrd. The Innovation Equation: INNOVATION = CREATIVITY x RISK TAKING is a behavioural based approach. Under the two main components (Creativity and Risk Taking) are seven behavioural drivers. Using these drivers organisational development specialists can identify current and desired culture and map a change plan to enable the organisation to achieve its goals. The … [Read more...] about New-consultants-using-the-creatrix-as-a-leadership-development-tool
Before Leadership - Innovation Before Leadership: Creativity and Risk Taking More often than not when you read books and articles on leadership, you will hear leadership defined as the ability to create a vision, anticipate trends, walk the talk or be congruent in the way leaders live their values (value-congruence), empower and understand their own impact on others (self-understanding). But before these competencies can be realized, there are two factors that are critical to the reality … [Read more...] about Innovation_before_leadership
Developing Innovation in Teams Introduction Effective teams are to some extent a paradox. On one hand there is a need for diversity, too many with the same behaviours and thinking can allow the work of a team drift, on the other hand the differences between members of the team can be causes of confusion, misunderstanding and conflict. Getting the balance right is critical - its hard work and many teams muddle through it learning to accommodate each other and delivering mediocre … [Read more...] about team innovation
The Innovation Equation - Building Creativity and Risk Taking in your organisation Book Title: The Innovation Equation: Building Creativity and Risk Taking in your organisation Author: Jacqueline Byrd & Paul Lockwood Brown Publisher: Jossey-Bass Pfeiffer ISBN: 0-7879-6250-3 Reviewer: Mike Morrison The Innovation Equation is a book aimed at explaining some of the principles and hard-won secrets behind successful innovation. It aims to clarify the characteristics of differing cultures and … [Read more...] about innovation equation creativity risk