Top Management Team Leading Innovation
Chief Executive Office must act as a
→
Chief Inspiration Office.
The
→
Top Management Team
must lead innovation
in an
→
Inspiring,
→
Entrepreneurial
and supporting way.
Each member of the management
→
Team has
responsibilities in functional areas but cross-functional
systemic innovation must also be
supported...
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Develop and Innovative Workforce
With good training, people can unlock their inborn
→
creativity
and develop skills in
visioning,
questioning,
→
creative
→
problem solving
,
inventing,
evaluating,
selecting and combining ideas,
experimenting with new ideas, learning from
→
feedback,
and
→
adapting...
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Cross-Functional Teams
Mapping the Innovation Road
In the new era of
→
Systemic Innovation
, it is more
important for an organization to be cross-functionally excellent than
functionally excellent.
Cross-functional teams, either formal or informal, need to be
formed. These teams can also find new businesses in white spaces between
existing business units...
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Build Innovation Into Your Organization
Success depends on both
what you do and
how you do it. There are
specific elements
that help you and your company to be more innovative. It's a blend of
→
Culture
,
methodologies, infrastructure,
innovation structures, and work practices.
Attitude of
Relentless Growth
Establishing an
→
attitude of relentless growth is what
enables an organization and its people to achieve their goals. The spirit of
relentless growth keeps fresh ideas flowing and reinvigorates your company...
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Culture for Innovation
→
Corporate Culture
is important for success.
The question is how culture can drive successful innovation, and
what corporate leaders can
do to
establish the
kind of culture that leads to
creative dissatisfaction with
the status quo and
truly innovative behavior...
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Effective Innovation Structures
Most organization use
multiple structural models to drive innovation efforts.
C-level
and leadership support
is a critical key
driver
of success
of an innovation function...
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Find the Right
Balance
Between Bureaucracy and
Chaos
Successful organizations must
balance
bureaucratic processes at one extreme with the fluid
creative chaos
of relationships, interests and transactions, which enable it to be
innovative and alive, at the other.
Flat Organizational
Structure
When organizations get large,
they become slow, awkward, unmanageable, inflexible, and difficult to
focus. They distance people from each other, and consume more energy
than they release. Innovation-friendly organizations are flat and
participative. They divisionalize to
sustain innovation, flexibility and
customer intimacy.
Division is a
business unit having a clear set of customers and
competitors. A division can be independently planned for within the
organization and has profit and loss responsibility...
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