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Vadim Kotelnikov

Corporate Innovation System

Strategic Alignment

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

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Author

Founder

 

Innovation Strategic Alignment Innovation Portfolio Guiding Structure Strategic Intent Corporate Innovation Management System: Strategic Alignment  

Strategic alignment is the process of linking innovation strategy with corporate vision, goals, objectives, and strategies.

Everyone in the company can and should stay aligned with your strategic intent if it is clearly defined.

 

 

 

You can pursue any opportunity you want, but you cannot pursue every emerging opportunity.

 

Entrepreneurial Leadership

 

 

Vadim Kotelnikov (VadiK) business guru, teaching by example

Think about the 'big picture' while you are inventing small things, so that all the small things go synergistically in the right direction.

~ Vadim Kotelnikov

 

Strategic alignment, weighted guiding principles (WGP), and strategic simulation games, such as InnoBall (Innovation Brainball) create a directional lighthouse that defines the most promising domains to explore.

 

 

   

 Benefits of Strategic Alignment

In an aligned organization, innovation decisions and actions reinforce each other, and decisions tend to stick.

 

 

 

 

The cost and time required to create a new product or service are so large that lack of a perfectly aligned and executed innovation strategy can be extremely wasteful.

You must keep your vision of the desired future in your mind as you create smaller parts if you want to create innovative solutions better and faster.

  Leading Innovation Innovation Metrics Innovation Process Strategic Alignment Innovation System Organization & People Innovation-adept Culture Innovation e-Coach The Innovation System model Corporate Innovation Management System: 6 Core Elements

 

 

To-Do List

Pick the right set of innovation initiatives for your innovation portfolio and make sure that your organization is aligned and capable of executing these innovation initiatives.

→ Ensure that organizational norms and entrepreneurial experience continuously reinforce the opportunism and ideation from which new discoveries and alignment can spring.

Ensure that all learning, questioning, inventing, experimenting, intrapreneuring and venturing is done in pursuit of the shared corporate vision and mission.

Lead a series of senior team “innovation strategy and alignment” sessions as the first step to creating a sustainable culture of innovation.

Set an inspiring stretch target to unleash strategically aligned creativity and synergistic intellectual teamwork of a project team.

Provide strategic alignment to establish a jazz-like innovation process: create an inspiring vision and launch a crusade; develop a strategic innovation roadmap to choose and do the right things, and provide a guiding structure.

 

 

 

Road-Mapping

The goal of the road-mapping is to develop the innovation strategy – to choose and do the right things. The goal of innovation management is to implement this strategy well.

Road-mapping leads to effective project portfolio development and management. It provides for company-wide technological strategy development and technology assessment, as well as division-level project evaluation and strategic aligning. Road-mapping tools provide also a common language for innovation and building bridges between technologists and business managers within your corporation, and with you major suppliers and customers.

 

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