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

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

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

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.