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	<title>Innovation &#187; Strategy Models</title>
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		<title>Innovation Strategy Models Need Innovative Leadership Guides</title>
		<link>https://tcsreu.info/archives/23</link>
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		<pubDate>Sun, 12 Feb 2023 20:30:18 +0000</pubDate>
		<dc:creator>dayat</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Guides]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Innovative]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Strategy Models]]></category>

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		<description><![CDATA[Innovation strategy models usually follow this uninspired recipe - let&#8217;s encourage employee ideas, throw together a business case, justify the costs and operating budget, dish-up a marketing strategy and production project plan, hope for the best. There are other organizations &#8230; <a href="https://tcsreu.info/archives/23">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>Innovation strategy models usually follow this uninspired recipe<br />
- let&#8217;s encourage employee ideas, throw together a business case,</p>
<p>justify the costs and operating budget, dish-up a marketing<br />
strategy and production project plan, hope for the best.</p>
<p>There are other organizations who believe in innovation<br />
strategies which heavily depend on setting up and managing<br />
arrangements, special relationships or partnerships with their<br />
supplier community. I am not trying to find fault with those<br />
methods, however, my argument is with those who are supposed to<br />
act as the agents of innovative leadership.</p>
<p>What is the purpose of an innovation strategy? We innovate to<br />
take advantage of the opportunities caused by change. For<br />
example, prayer is a strategy we use to cope with our personal<br />
challenges. And &#8220;prayer&#8221;, as philosopher, Soren Kierkegaard so<br />
aptly observed, &#8220;does not change God, but it changes him who<br />
prays.&#8221;</p>
<p>Simply stated, it is not the strategy that changes, it is we who<br />
change as we employ our strategy and use it to encourage,<br />
energize, enlighten and engage ourselves to strive for achieving<br />
its objectives. In a word, our innovation strategies can not be<br />
expected to change the world, our strategy must compel us to<br />
change the ways we think about, react to and perform in the<br />
world.</p>
<p>&#8220;Without change there is no innovation, creativity, or incentive<br />
for improvement. Those who initiate change will have a better<br />
opportunity to manage the change that is inevitable.&#8221;<br />
- William Pollard</p>
<p>Innovative Leadership Guide-1: Thinking through your innovation<br />
strategy model</p>
<p>&#8220;Innovation is not the product of logical thought, although the<br />
result is tied to logical structure.&#8221;<br />
- Albert Einstein</p>
<p>Your innovation strategy model must enable you to execute four<br />
essential tasks:</p>
<p>It has to help you recognize the components of a changing landscape [explore],<br />
It must expose you to the needs imposed upon your ecosystems by the change [create]<br />
It should usher you through the changes you hope to exploit [ implement],<br />
It must empower you to adapt to the changes in your marketplace and your offering [supervise].<br />
Innovative leadership means finding clearly defined pathways<br />
through the territories you operate within &#8211; this includes the<br />
environments of your organization, partners, markets and<br />
end-customers. Innovative leaders channel or direct the shared,<br />
received and transmitted energies found in their ecosystems of<br />
profound knowledge, work processes and social relationships.</p>
<p>Innovation leadership uses the innovation strategy model as a<br />
guide towards:</p>
<p>1) Directing innovative activities; 2) Developing crucial systems, resources and assets; 3) Disciplining the process, purpose and players of innovation<br />
Innovative Leadership Guide-2: Reacting to your innovation<br />
strategy model<br />
Your innovative leadership team uses the innovation strategy<br />
model to tweak, adjust and maintain its course towards<br />
successful outcomes. The most effective strategy models provide<br />
leaders with:</p>
<p>Windows on historical, internal and external circumstance [Realities];<br />
Mechanisms to control and adjust to changes [Dynamic Controls]<br />
Applications of energy to inspire, relieve and educate [ Leadership];<br />
Metrics which expose exchanges, dependencies and transfers [Ecosystem Management];<br />
Revelations of beliefs, meanings and feelings [ Coordinated Communications];<br />
Relationships between the observed, measured and assumed [Progress Dashboards];<br />
Opportunity &#8220;areas&#8221; where the strategy can be executed [ Organic Leveraging].<br />
&#8220;Cast aside those who liken godliness to whimsy and who try to<br />
combine their greed for wealth with their desire for a happy<br />
afterlife.&#8221; &#8211; Kahlil Gibran<br />
If your innovation strategy model depends on a &#8220;kiss from the<br />
muse&#8221;, a &#8220;bright idea&#8221; and some similar &#8220;eureka&#8221; experience, you&#8217;ll<br />
have very few and far between innovations emerging from your<br />
organization.</p>
<p>Innovative Leadership Guide-3: Performing on the promises of an<br />
innovation strategy model</p>
<p>&#8220;Never before in history has innovation offered promise of so<br />
much to so many in so short a time.&#8221;<br />
- Bill Gates</p>
<p>Back in the Industrial Age, we followed a series of steps, made<br />
use of equipment and mechanized systems and relied on prodigious<br />
amounts of fiscal and human capital to achieve the promises of<br />
success. We may live in a different era, I call it, the<br />
Imagination Economy, yet we need the same amounts of effort and<br />
focus to realize our goals.</p>
<p>A few years ago, our competitive advantages were based upon our<br />
ability to shape raw information into forms of relevant,<br />
applicable knowledge. Today, we compete against the imaginations<br />
of others &#8211; we have to slice and dice knowledge and blend it<br />
with universal wisdom, intuitive know-how and meaningful<br />
what-ifs to produce sustainable, profitable, productive<br />
innovations.</p>
<p>In the Imagination Age, innovative leadership will be called<br />
upon to map-out the complexities, model optimal congruencies and<br />
mold evolutionary conceptualizations of our world. Leaders will<br />
meet the many challenges of this new Age by seeing people as<br />
four dimensional beings &#8211; that is, as physical, intellectual,<br />
spiritual and developmental entities.</p>
<p>Innovative leadership will use their innovation strategy models<br />
to fully exploit and leverage the many strengths of their<br />
available human capital assets &#8211; intellectual and physical assets<br />
[think and do], production and social assets [process and<br />
interact], as well as, innovative and developmental assets [learn and imagine].</p>
<p>&#8220;Innovation is the specific instrument of entrepreneurship. The<br />
act that endows resources with a new capacity to create wealth.&#8221;<br />
- Peter F. Drucker</p>
<p>A model for your innovation strategies is an essential<br />
ingredient in your organization&#8217;s competitive recipe &#8211; without<br />
such a model, your business will lack the flavor of innovating.<br />
Your customers, constituents and communities may begin to<br />
perceive the staleness of your old, crumbling offerings and stop<br />
putting your products on their shelves.</p>
<p>You need to mix together all the elements of an innovation<br />
strategy model listed above and use these innovative leadership<br />
guidelines to manage and energize your strategy. Innovation is<br />
industry and it requires persistent, determined effort. And just<br />
like the industries of old, innovation can follow a process, it<br />
can use capital assets, it can be measured or assessed and it<br />
can be led and managed.</p>
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