Is Innovation manageable?

N2Growth Blog

In the years leading up to 2018, I have spent my time bringing innovation to the financial services space. As such it is all about innovation. And now, from a distance, my optimism regarding the sector’s ability to innovate and capture opportunities has not changed.

Turning Observation into Innovation

Leading Blog

E VERYONE WANTS to be an innovator. Every organization wants to be innovative; it doesn’t matter if it’s a church, a for-profit or non-profit business, or a government agency. To not be innovative is to risk being left behind. But how many of us are truly innovative?

How Big Companies Can (and do) Innovate Like a Start-Up

Leading Blog

T HE INNOVATION WE PRIZE at successful start-ups is a mindset that is brought into the start-up and not necessarily the inherent quality of every start-up. Innovation isn’t something that just happens; we create the conditions for it. Big organizations can innovate like small start-ups.

Great Leaders Embrace Innovation, and Innovation Demands Risks

Great Leadership By Dan

Guest post by Randal Moss : Great leaders consistently talk about the need for their organization to ‘be innovative’ in their thinking. No Guts, No Growth, No Glory Taking risks is an inextricable part of being innovative. Celebrating innovations publicly is another important activity.

Get Off The Strategy Merry-Go-Round

N2Growth Blog

Global Practice Chair, Strategy N2Growth. Most organizations, and even most strategy consultants, are using strategic planning frameworks built for business models that were designed during the industrial age. IT’S TIME TO INNOVATE STRATEGY. STRATEGY INNOVATION.

Leadership, Strategy and Innovation at the Women in Strategy Summit

Women on Business

Women On Business Offers women in strategy summitWe've Moved! Update your Reader Now. This feed has moved to: [link] If you haven't already done so, update your reader now with this changed subscription address to get your latest updates from us. link].

The Emerging Strategy of Innovative Service

Strategy Driven

Such a plethora of challenges has required all organizations to rethink their strategy. So, what is the strategy for today’s customer in today’s times? That means using the mission again as the North Star and foundation of the organization’s strategy.

N2Growth Helps Businesses Combine Strategy & Innovation for a Consumer-First Approach to Digital Transformation

N2Growth Blog

To stay competitive, brands must innovate and transform. In contrast, other leaders focus so much on long-term strategies that they miss the opportunity to create competitive advantage by pulling the future forward. The Cognitive iSix Framework of N2Growth’s Digital Strategy.

The Strategy of Hustle

In the CEO Afterlife

I’ve read a lot of books on strategy. I was devoted to master strategies and “big play” innovations that ideally positioned a company to dominate their chosen market(s) and enjoy sustainable competitive advantage. The innovations are incremental, and often easily copied.

Five Strategies for Nonprofit Innovation

LDRLB

Dependence limits innovative thinking. And earlier this year, New York’s Mayor Bloomberg doled out awards specifically recognizing the city’s most innovative nonprofits. Here are five strategies for doing so: Think like a business. Innovation is about partnerships.

Learning from the Innovation Leaders

Great Leadership By Dan

Guest post from Rowan Gibson : Not since the dawn of the Industrial Revolution has there been a greater need to learn the art of innovation leadership. And who better to learn them from than the innovation leaders themselves? Who do we think of as innovation leaders?

Strategy, Capability & Really Bad Advice

N2Growth Blog

By Mike Myatt , Chief Strategy Officer, N2growth. I just finished reading an article where the author (a self professed innovation guru) recommended strategy be aligned with capability, and that to allow ambition to exceed capability is a nothing short of a recipe for disaster.

Advice 260

The Three Box Solution: A Strategy For Leading Innovation

Marshall Goldsmith

My colleague and friend Vijay Govindarajan (VG), who is on Dartmouth and Harvard faculties, has just published his book The Three Box Solution: A Strategy For Leading Innovation today.

Culture Doesn’t Trump Strategy

In the CEO Afterlife

In the last 40 years of the 20 th century, strategy was the champion of business supremacy. As a critical success factor, strategy turned into a lucrative industry for a host of consulting firms such as McKinsey & Company , and the Boston Consulting Group. Strategy is Constraining.

Create a Strategy for Creating a Strategy

Lead Change Blog

How do we best focus on strategy? Spend time on strategy each day. It is easy to get caught up with the business-as-usual (BAU) activities on a daily basis, but if you do too much of BAU, there will be no time left to think of a strong strategy. I always spend 30 mins of my day thinking about strategy. I ask myself the question, what did I do to contribute to our strategy? I need to make sure I’m contributing to our strategy on a daily basis.

Rebellious Optimism = Innovation

Mills Scofield

Their story of doing well and doing good is one of the most powerful I’ve seen in blending innovative business models, techniques, processes and social impact. Brown University Culture GOALS Haiti Innovation Leadership Social Entrepreneurship Strategy Virtues-Values

Innovation Begins (and remains) at the Top

Great Leadership By Dan

Guest post By John Sweeney: Innovation is foundational to business leadership. We empower individuals across disciplines to evaluate, orchestrate, strategize, create and hire, but most importantly, we empower others to innovate. empowerment innovation John Sweeney

Navigating the Challenging Conversations of Strategy

Management Excellence

Challenging Conversations Management Innovation Strategy Succeeding with StrategyWe've Moved! Update your Reader Now. This feed has moved to: [link] Update your reader now with this changed subscription address to get your latest updates from us.

My 7 Strategies in a New Leadership Position

Ron Edmondson

Here were 7 elements of my strategy for the beginning days: Get to know key leaders. In our context, that was doing more with innovation and putting pastors in peer groups. Change Church Church Revitalization Innovation Leadership

Innovating Higher-Education

Mills Scofield

You can read more of his thoughts on MOOCs in Stanford Social Innovation Review as well. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~. BIF Brown University Education Higher-Ed Innovation Leadership Student-Led Education

How to Drive Strategies By Assessing Your Company Capabilities

N2Growth Blog

Assess your company across these 4 capability dimensions presented below to determine the best strategies for your firm: Managerial. Pricing Options: What is the pricing strategy? Strategy Innovation Jim Kerr leadership leadership success

Paradox of Innovation & Intellectual Property

Mills Scofield

Yesterday was the 3rd Open Innovation Summit at BW's Center for Innovation & Growth: Practical Challenges of Global Open Innovation featuring P&G. Kelly started out as a chemist, giving her a unique non-traditional-lawyer perspective of invention and innovation. [.]. Too much happened for one post so I'm going to do one on each panelist's story and discussion, starting with Kelly McDow, Associate General Counsel for P&G's Connect+Develop.

Innovation High-Five

Mills Scofield

This is a guest post by Tim Kippley , Geneca Vice President, Account Strategy and Growth. ” The Value of Innovation at Geneca. I have long felt that companies can’t survive without innovating. The Innovation Group is Born. The First Geneca Innovation Challenge.

Leaders, Want To Master Innovation? Then Get Funny!

Tanveer Naseer

So to get the most out of innovation processes such as design thinking, truly creative leaders also need to master the social dynamics of… [wait for the punchline}…humor! When it comes to boosting innovation the overwhelming focus should be on styles of humour that generate positive emotions.

Dinosaurs, Big Consulting Firms and Disruptive Innovation

N2Growth Blog

Thanks to Professor Clayton Christensen of Harvard University and his 1997 landmark book, The Innovator’s Dilemma , we have a new way of understanding the life cycle of companies and why some market leaders maintain their dominant position and other one-time market leaders disappear.

Strategy for Non-Strategic Leaders

In the CEO Afterlife

These are the folks who don’t know the difference between strategy and tactics – those who view strategy as a needless constraint. Ironically, sticking to a well-conceived strategy makes decisions easy. Many have never lived through strategy’s positive effects.

12 Keys To Dauntless Innovation

Lead Change Blog

Aiming to jump start innovation in your organization? Innovation is a necessity, a way of life for mountaineers. Climbers plan meticulously then innovate their way through unexpected challenges to reach a summit. Pursuit of personal comfort is a second enemy of innovation.

12 Keys To Dauntless Innovation

Lead Change Blog

Aiming to jump start innovation in your organization? Innovation is a necessity, a way of life for mountaineers. Climbers plan meticulously then innovate their way through unexpected challenges to reach a summit. Pursuit of personal comfort is a second enemy of innovation.

070: Big Bang Disruption: Strategy in the Age of Devastating Innovation | with Larry Downes

Engaging Leader

Nearly two decades ago, Clayton Christiansen changed the way large companies thought about strategy and innovation with his book The Innovator’s Dilemma. His brand-new book, co-authored with Paul Nunes, is Big Bang Disruption: Strategy in the Age of Devastating Innovation.

Strategies for Success in a Dematerialized World

Strategy Driven

You just finished reading Strategies for Success in a Dematerialized World ! The post Strategies for Success in a Dematerialized World appeared first on StrategyDriven. The Big Picture of Business – Communications Reflect Your Strategy. Are you prepared to get vaporized?

Why Strategy Withstands the Test of Time

In the CEO Afterlife

How often have you heard people say, “Our strategy is to become the biggest and the best?” This is not strategy. Strategy is not the what. Strategy is the how – how will you become the biggest and the best? By its very nature, strategy is constraining.

4 Examples When Strategy Should Drive a Leader’s Decision

Ron Edmondson

There are times, however, if a leader wants to be successful, when they must use strategy to make decisions. This is especially where other people are brought into the strategy part of making the decision. There are times the “gut call” comes in handy for a leader.

Innovation as a Catalyst for Transformation

General Leadership

And a recent Harvard Business School study outlining the must-have competencies of successful leaders highlights how strategy alone is increasingly insufficient to sustain a company’s competitive edge in today’s rapidly changing world.…

Approach to Innovation

Coaching Tip

Today's conventional wisdom says to survive, companies must move beyond incremental innovation and invest in radical, disruptive innovation. In "THE POWER OF LITTLE IDEAS" , Wharton professor David Robertson examines an approach to innovation; one that is neither incremental nor disruptive. This low-risk, high-reward strategy is an approach to innovation that all companies should recognize and apply when it will give them a competitive advantage.

The “Next Practices” of Strategy-Setting

N2Growth Blog

Be dynamic and agile, not routine and static – most “strategy” firms offer inflexible, rigid, complex and time consuming approaches that eat up resources and yield only limited value. Be Innovative and engaging, not flat and uninspired – countless management consultants employ the same old, tired planning processes that generate little interest or energy. Strategy Jim KerrAre your strategic planning practices flat and uninspired?

Innovation = People, People, People

Mills Scofield

Last week's provided great discussion on various tools and processes for innovating. Innovation3: Crowdsourcing, Tools & Culture Summit Jackie Hutter , and I did a workshop on Leading Indicators for Innovation (which I'll share soon). While there are many speakers on many topics, there are 4 I want to highlight (caution - long-ish blog!). My friend, Andrea Meyer (one of the best writers I know), opened the summit with a story about what may be [.].

Living Well via Open Innovation

Mills Scofield

(This post continues the summary of fabulous stories and interactions at the 3rd Open Innovation Summit at BW's Center for Innovation & Growth: Practical Challenges of Global Open Innovation featuring P&G on April 21st.) Craig Vogel, President of Live Well Collaborative (LWC), talked about being an Open Innovation partner of P&G, focusing on the over 50 population. Dean of Research & Innovation at the University of Cincinn [.].

Maneuver Strategy

Coaching Tip

Maneuver strategy has been used by the military since King Leonidas and Genghis Khan, yet businesses all too often neglect it. In their new book, “OUTMANEUVER: OutThink, Don’t OutSpend” strategy and innovation consulting experts Jeffrey Phillips and Alex Verjovsky examine how maneuver strategies, based on speed, agility, insight and innovation win the most in any market at the least possible cost, for companies of any size, in any industry.

2012 Best Books on Leadership, Innovation and Strategy

LDRLB

Innovation. Leapfrogging is a powerful book in how surprise powers innovative breakthroughs. Besides being our pick for best book title of the year, Bodell’s debut book is packed with great exercises that will help your team think more deeply about how to break from the status quo and start what she calls an innovation revolution. It’s not enough just to think about the innovations your own organization is pursuing. Strategy. The Strategy Book by Max McKeown.

Is Innovation now Status Quo?

Mills Scofield

I’m just starting to wonder if some StatusQuo-itis isn’t seeping into innovation discussions. One of the very freeing things about innovation is that it’s a continuous experiment; what works today may or may not work tomorrow (if you have kids, you know this well).

20 Interesting Behaviors of Strategy Tourist

Strategy Driven

Let me start by reassuring you: the chances that you are a strategy tourist are close to zero. But I’m sure you do know a strategy tourist. They like to restart a new strategy exercise every year. I call the opposite of a strategy tourist a Strategy Execution hero.

P&G: A Very Early Open Innovation Adopter

Mills Scofield

(This post ends the summary of fabulous stories and interactions at the 3rd Open Innovation (OI) Summit at BW's Center for Innovation & Growth: Practical Challenges of Global Open Innovation featuring P&G on April 21st.) Suffice it to say I was honored my friend Chris Thoen would agree to talk about P&G's Open Innovation history at our event.

Smart Strategies for a More Effective Business

Strategy Driven

This is particularly important with how fast new innovations and trends take hold of each and every industry. To ensure that your company is as successive and effective as possible, adopt these smart strategies today: Create a New Business Plan. Reevaluate, and innovate.