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Innovation System at
Silicon
Valley Firms
Adapted from Relentless
Growth, Christopher Meyer
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"Silicon Valley innovators
have uniquely learned how to define, design, and deliver innovation
with a massive degree of flexibility and concurrency."
~ Christopher Meyer |
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Understanding the Innovation
System
– Unlocking the Black Box
An
innovation system establishes a
framework that helps you to
demystify the innovation process
and its driving forces, to
reveal the unique innovation
practices of market champions
and understand what makes them
so successful and unique.
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The Innovation System model
synthesizes and defines
the core elements of
innovation, their behavior and
interaction.
The power of this good model makes it easier to understand
complex issues and dynamics of innovation, separate its elements and examine
them is greater depth.
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The Six Core Elements
of the Innovation System |
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Leadership & Management
– provides inspiration, makes key choices, and organizes the
development process.
Strategic Alignment
– links
innovation strategy with corporate
vision,
goals,
strategy, and
objectives.
Innovation Process
– defines who does what, when it should occur, and how to do it.
Organization & People
– channel resources, define norms,
provide infrastructure, drive innovation.
Metrics – provide the guidance and control system for
innovation.
Corporate Culture
– determines how the above elements behave
and interact with each other. |
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Strategic Alignment
In the
Silicon Valley, strategic alignment results as much from tacit
understandings as explicit ones. "And Valley leaders know that you'll never
achieve perfect alignment without squelching
creativity
and
experimentation.
Organizational norms and entrepreneurial experience continuously
reinforce the opportunism from which new discoveries and
alignment can spring," says Christopher Meyer...
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