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

Recognizing the different capabilities to develop and grow

A firm’s ordinary capabilities are the ones that enable us to perform efficiently and effectively, those essential routines and practices that often require having a high level of technical need supporting these activities. In contrast, dynamic capabilities are those higher level competencies that determine a firm’s ability to integrate, build, and reconfigure both the resources … More Recognizing the different capabilities to develop and grow

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

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

Recognizing the different capabilities to develop and grow

A firm’s ordinary capabilities are the ones that enable us to perform efficiently and effectively, those essential routines and practices that often require having a high level of technical need supporting these activities. In contrast, dynamic capabilities are those higher level competences that determine a firm’s ability to integrate, build, and reconfigure both the resources … More Recognizing the different capabilities to develop and grow

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.

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

Identifying your critical innovation capabilities

My work on dynamic capabilities for innovation Over a period of the last thirty months or so, I have been studying and researching this whole area. I have some hypotheses that need testing but the outcome of this effort to date has got me closer to believing we can achieve greater identification with those distinct … More Identifying your critical innovation capabilities

Knowing your innovation fitness is critical

Each organization needs to know its Innovation Fitness Landscape- why? There is a pressing need for a firm is to consistently build and reconfigure internal and external competencies and capabilities to address rapidly changing environments. It is the mastering of this ability to achieve new, more innovative forms in rapid changing market conditions that will … More Knowing your innovation fitness is critical

So what are Innovation Fitness Landscapes?

“The greater the fitness to innovate will equate to more value creation potential.” I believe we do need to provide a solution to this understanding the innovation challenge by constructing a more comprehensive framework. Part of my present work is to find a working model to achieve this, I’m getting close. It is this critical … More So what are Innovation Fitness Landscapes?

An opening CSF for innovation

A brief overview of critical success factors for innovation to check against. The organization: structure of innovation processes to be explicit by treating innovation as a systematic process and continued ongoing process Keep innovation separate from daily work routine, remove barriers, give accoutability Set ambitious goals and a vision and combine these with small attainable … More An opening CSF for innovation

All organizations talk about innovation, but so what?

All organizations talk about innovation and its growing importance but few succeed in actually doing it on a repeatable scale. So what does inhibit innovation? What would drive innovation success? What aspects of innovation are critical to have so innovative growth can be achieved? Where should a company place its emphasis to gain both an … More All organizations talk about innovation, but so what?

The Vital Attributes for an Innovation Organization

Understanding what is needed for innovation- unlocking the mysteries * Innovation organizations tend to be more decentralized, more informal, minimally stratified or layered and more generalist than specialized. * They have cultures that value independent thinking, risk taking and ongoing learning. * They are tolerant of failure and they value diversity. * Open communication is … More The Vital Attributes for an Innovation Organization

Our Challenge is the need to build diverse innovation capability

Knowing what are the critical factors and there dependences for sustaining innovation success is vital to understand so an organization can place the appropriate resources behind them. The question is, which are critical, which naturally occur when others begin to be put into place, which seem to have limited or no real effect on changing … More Our Challenge is the need to build diverse innovation capability