Understanding your innovation capabilities to make them more dynamic

The Nine Stages that are needed for developing an understanding of your innovation capabilities, so as to make them more dynamic and as a result to be at the top of your innovation game. This “step process” I believe gets you to the point of understanding what innovation capabilities are a better ‘fit’ for the … More Understanding your innovation capabilities to make them more dynamic

The Orchestrator needs to orchestrate your innovation capabilities.

To deliver innovation, sustaining innovation, it needs to be built on dynamic skills, then you have to learn how you can orchestrate the capabilities you have, with those you have to bring in. Building on those that give the necessary dynamic result you are looking for; to purposefully build what is needed to deliver the … More The Orchestrator needs to orchestrate your innovation capabilities.

Moving towards Innovations Capability Coherence

Innovation often fails to align with the strategic needs. This is often not the fault of the innovator happily working away with no specific guidelines, apart from the general remit of “we need to be more innovative”, it lies in the boardroom not communicating the board’s needs clearly enough down the organization. Building up our … More Moving towards Innovations Capability Coherence

Defining Innovation Capital

My definition of what makes up innovation capital: “Innovation capital is the sum of all that promotes the development and changes required for achieving innovation outcomes, within one organization or its broader networked environment, for marketplace advantage” “These are made up of the resources, processes, knowledge, and capabilities, that are constantly evolving and highly dynamic … More Defining Innovation Capital

Understanding Your Innovation Capital- Well Do You?

If someone came to you and asked the question: “tell me what makes up your financial capital?” I expect you could answer this fairly comfortably. It might need a little added help from your finance department but you could produce and show significant details that we are all ‘schooled’ to understand and generally have accepted, … More Understanding Your Innovation Capital- Well Do You?

Struggling with counting ALL the sums of our capital

Organizations have been focused for far too long around the importance of financial capital. It determines and drives organizations destinies. We are caught in a constant focus upon our achieving a return on our (financial) capital as our measuring criteria. Organizations strive for improving their ROCE, RONA, IRR,  EVA and a host of other financial … More Struggling with counting ALL the sums of our capital

Understanding that innovation capital becomes your new core

Much of my focus within my work is to move organizations towards recognizing and expanding their innovation capital or stock. The hard part for many organizations is that many of the key elements of innovation capital consist of many intangibles as well as tangibles and this needs deeper understanding and appreciation. These intangibles are in … More Understanding that innovation capital becomes your new core

Putting some dynamic tension into the system

          There is a growing need for having some dynamic tensions within the organization’s system; these helps generate the better conditions for innovation to thrive. We are learning more on the better tools, techniques and approaches available for putting the learning tensions into our work, making them more dynamic, linked and … More Putting some dynamic tension into the system

Do you REALLY want to know how to innovate?

Applying a lens of discovery: The basic questions that need to be addressed are: “what are our dynamic capabilities that will deliver innovation impact? More importantly: “which ones should we focus upon to improve our capabilities and competencies over the longer-term? We recognize resources are scarce as our starting point Yet we fail to understand … More Do you REALLY want to know how to innovate?

It is all innovation talk, not much real doing.

All companies talk about innovation and its growing importance but it seems to me very few succeed in actually doing it on a repeatable scale. So have you ever asked what inhibits innovation? What would drive innovation success? What aspects of innovation are critical to have so innovative growth can be achieved? Where should a … More It is all innovation talk, not much real doing.

One pressing need in Innovation understanding.

There is a really pressing need in Innovation to tackle and resolve and that’s our capabilities to innovate. Yet do we know which are the critical factors for sustaining innovation success? What capabilities are needed to be built? What are not so necessary and will occur more naturally due to us finding these dynamic ones? … More One pressing need in Innovation understanding.

The Orchestrator needs to orchestrate your innovation capabilities.

To deliver innovation, sustaining innovation, it needs to be built on dynamic skills, then you have to learn how you can orchestrate the capabilities you have, with those you have to bring in. Building on those that give the necessary dynamic result you are looking for; to purposefully build what is needed to deliver the … More The Orchestrator needs to orchestrate your innovation capabilities.

Shifting our dynamics to innovate within the digital age

There was a report written back in 2013 entitled and under, “The New Normal: Competitive advantage in the digital economy” written for the Big Innovation Centre, an initiative of The Work Foundation and Lancaster University that I would recommend your time to read. I often go back to this as it provides a real source … More Shifting our dynamics to innovate within the digital age

Understanding Your Innovation Capital- Well Do You?

If someone came to you and asked the question: “tell me what makes up your financial capital?” I expect you could answer this fairly comfortably. It might need a little added help from your finance department but you could produce and show significant details that we are all ‘schooled’ to understand and generally have accepted, … More Understanding Your Innovation Capital- Well Do You?

Defining Innovation Capital

My definition of what makes up innovation capital: “Innovation capital is the sum of all that promotes the development and changes required for achieving innovation outcomes, within one organization or its broader networked environment, for market place advantage” “These are made up of the resources, processes, knowledge and capabilities, that are constantly evolving and highly … More Defining Innovation Capital

Understanding that innovation capital becomes your new core

Much of my focus within my work is to move organizations towards recognizing and expanding their innovation capital or stock. The hard part for many organizations is that many of the key elements of innovation capital consist of many intangibles as well as tangibles and this needs deeper understanding and appreciation. These intangibles are in … More Understanding that innovation capital becomes your new core

Combining four foundation pillars.

We need to think about recognizing the ‘combining effects’ of four foundation pillars; of value creation (vc), business models (bm), intellectual capital assets (ica) and innovation capital (ic). It is the dynamics within the multiple combinations that will generate the future wealth creation we need. We are in need of having a better understanding of … More Combining four foundation pillars.

Struggling with counting ALL the sums of our capital

Organizations have been focused for far too long around the importance of financial capital. It determines and drives organizations destinies. We are caught in a constant focus upon our achieving a return on our (financial) capital as our measuring criteria. Organizations strive for improving their ROCE, RONA, IRR,  EVA and a host of other financial … More Struggling with counting ALL the sums of our capital

Are we really measuring what matters?

Today, it is the non-financial performance, made up of mostly the intangibles within organizations, that is accounting for upwards of 80% of present investors’ valuation of our organizations. Yet do shareholders really have the knowledge to judge the real source of value creation inside our organizations? I think not but they should. Does Management actually? … More Are we really measuring what matters?

Putting some dynamic tension into the system

          There is a growing need for having some dynamic tensions within the organization’s system; these helps generate the better conditions for innovation to thrive. We are learning more on the better tools, techniques and approaches available for putting the learning tensions into our work, making them more dynamic, linked and … More Putting some dynamic tension into the system

All the capitals ‘fire’ innovation so as to make it combustible.

More often than not when we talk within business of capital we tend to default to the financial kind. Of course providing the financial capital into innovation is vital; it provides the potential ‘burn’ but what is often understated and certainly under-appreciated is the other capitals. These capitals when combined ‘fire’ innovation, they make it … More All the capitals ‘fire’ innovation so as to make it combustible.

Understanding the dynamics within your innovation system

The work of David Teece is hugely influential on exploring dynamic capabilities.  It was my reading of one of his early papers, published in 1997 (with Gary Pisano and Amy Shuen) that got me started down the dynamics path and my quest to identify the innovation landscape required by each organization to become innovation fit. … More Understanding the dynamics within your innovation system

The value of fitness landscapes as part of your innovation awareness

I’d like you to work through these ‘thoughts’ to begin to evaluate the value of knowing your innovation fitness and what makes up your distinct dynamic capabilities: By firstly mapping out your innovation capabilities to the task at hand enables you to understand and relate to what is needed – we call that the context for … More The value of fitness landscapes as part of your innovation awareness

Nine steps leading to understanding your dynamic innovation capabilities

The Nine Steps needed for developing an understanding of your innovation capabilities to make them more dynamic. This is my adopted approach to work through this in a systematic way. No question, this is designed to make sure those involved take their time working through the different levels of understanding needed. A journey where you … More Nine steps leading to understanding your dynamic innovation capabilities

Continuing the Innovation Journey- connecting the points

I’m constantly learning, reading, absorbing and interpreting what I understand and then attempting to provide my thoughts to others, those willing to listen about innovation! Innovation capability building is my 100% focus from my work point of view. I’m comfortable in much of the understanding of what makes up innovation, totally restless in so much … More Continuing the Innovation Journey- connecting the points

Do you know your innovation stock and its capital potential?

Knowing your innovation ‘stock’ and  ‘capital’ potential If we really want to innovate well, we need to know our ‘innovation stock’. This is where the largest part of our wealth generating capital lies and where it’s potential can be best put to use. We are today increasingly valuing the knowledge perspective far more and with … More Do you know your innovation stock and its capital potential?

Moving along the path to innovation fitness

Here, we are searching for the dynamics within the innovation system, that once recognized, can be constructed for a more dynamic innovation fitness solution. We are looking to improve the innovation performance engine within organizations. These dynamics are made up of the capabilities and competencies that reveal and clarify what is required as the relevant … More Moving along the path to innovation fitness

Innovation fitness dynamics – to engage with and recognize the need to change.

There is a continuing need is to build the management of innovation into a clear organizational capability, where innovation becomes a continuous effective innovation process. To this end I have produced a conceptual model of what constitutes the ‘make up’ for providing an ongoing innovation performance engine- the innovation fitness landscape and the dynamics– that … More Innovation fitness dynamics – to engage with and recognize the need to change.

Layers that shear against each other are full of tension.

“Slow constrains quick, slow controls quick” There is so much built in tension, bias, barriers, mindsets, mental model conflicts, and all types of friction seemingly going on around us, you must sometimes think all our organizations can only be totally dysfunctional. The Scream by Edvard Munch for Dysfunctional Organizations Has anyone not come across some … More Layers that shear against each other are full of tension.

The AC components that deepen the capacity to innovate

Generally, absorptive capacity should be focused on the capacity to make use of existing knowledge both internally and externally, placing the emphasis on the capacity to assimilate and transform it (often differently). It deepens the capacity that lies within an organization for exploring innovation further. The importance is to develop the ability to achieve “new … More The AC components that deepen the capacity to innovate

Understanding Absorptive Capacity

Understanding Absorptive Capacity and how it works “Absorptive capacity” is a term introduced through some academic research by Cohen & Levinthal, back in 1990 to describe an organizations “ability to recognize the value of new, external information (knowledge), assimilate it, and apply it to commercial ends”. Since then there has been significant academic contributions for … More Understanding Absorptive Capacity

Finding time for dynamics within the capacity to innovate

Do we know what  the dependencies and complementaries for building and sustaining innovation success are? How do you sustain innovation, is it more through the structuring of everyday work, by creating a particular set of social rules and resources that foster specific routines? Really, that does seem to me as sounding a little too easy, … More Finding time for dynamics within the capacity to innovate

The Really Pressing Need of Innovation

Let me firstly outline the REAL challenge I see with innovation. Knowing what are the critical factors and their dependences for sustaining innovation success is vital to understand so that an organization can place the appropriate resources behind them. The questions are: which are critical, which naturally occur when others begin to be put into … More The Really Pressing Need of Innovation

Achieving Business Relevance

The real need is for improving the business relevance of anything that is new. To quantify this, in general this should include to enhance, reduce, eliminate or improve: Increasing flexibility and efficiency. Managing knowledge effectively through the adaptive capacity framework. Increasing productivity and reducing time to market. Facilitating teamwork. Enabling on-line gathering of marketing information … More Achieving Business Relevance

Practical Approaches to Fitness Assessments

Finding practical capability identification requires a given approach: Initially a more path dependency one is explored, searching for existing routines, capabilities and knowledge (more backward looking) for factors that seem to have affected the past success. This then allows us to explore: Identification and classification of existing capabilities Identification and classification of required future capabilities … More Practical Approaches to Fitness Assessments

Opening Outline of Dynamic Capabilities

Introduction to dynamic capabilities The study of dynamic capabilities, the organization’s capacity to change its operations and adapt them to the environmental requirements, has taken centre stage in the debate on strategic management as well as organization theory (Teece, Pisano and Shuen 1997, Eisenhardt and Martin 2000, Zollo and Winter 2002, Winter 2003) in recent … More Opening Outline of Dynamic Capabilities