The New Book “Unpuzzling Innovation” Conclusion: Mastering Innovation in a Structural Way

Innovation = ideas executed to produce a value: More generally, innovation is about creating value from ideas. More specifically, innovation shouldn’t be serendipity, “Systematic Innovation” is an appropriately structured framework and a set of practical tools anyone can use to create or improve products, processes, and services that will deliver new value to customers. Making innovation happen is not hard, indeed too much nonsense it talked about this. But internal communication and management disciplines which we discussed in this book are key enablers to master innovation in a structural way.
No failures, no innovation, but you have to failover and fail forward: Innovation by its inherent nature comes with a risk. The failure is of crucial importance in the process of achieving innovation. However, majority of organizations are not fertile ground for ideation, because they fear taking risks, and seldom learn from their mistakes; their internal politics and fears discourage creative people and downgrade creative projects by means of senseless KPIs, while they push down the innovation funnel, and they forget brand dilution, customer and consumer relevance. Hence, the best judgment, a qualitative approach is given for risk and innovation. Learn from failures, these lessons will increase the effectiveness of your innovation management.

Innovation is expedited to adapt to the increasing speed of changes. The speed of change is expedited, so does the speed of innovation. Today innovation can happen anywhere and anytime. It expands both horizontally and vertically. It’s the state of mind to think and do things from a new angle, and it’s the business’s unique capability to gain a competitive advantage.
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Published on December 01, 2016 23:02
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