Archive for: July, 2012

New innovation challenge: From managing complexity to facilitating simplicity

A few weeks ago I did pitch to a startup accelerator about a project I want to start. This project has to do with social media monitoring, or in my language, “a sense-maker”.

One of the questions that was posed to me at end was: What will make this different?

My response: I aim to make this as simple as possible. (At the moment all I have is a mock-up, no live app)

Hold on, don’t leave yet. This is not a post about my idea, although it kind of is 🙂

Innovation must reads of the week: 10 common innovation inhibitors

Innovation must reads of the week: Why open source principles are a recipe for innovation

Storified by Jorge Barba · Sat, Jul 28 2012 17:58:50

Must-read – “@sorenkaplan: New Article on Leading disruptive #innovation – Ivey Business Journal: http://bit.ly/LNTnqZ”Ralph-Christian Ohr
What’s your view on customers’ value to innovation? http://wp.me/pbOIs-1Uh > There’s a spectrum, where are you on it? #scrm #cemHutch Carpenter
10 common inhibitors that keep organizations from innovating effectively http://s.hbr.org/Ml7qG0Harvard Biz Review
RT @mackanic: Why Open-Source Principles Are a Recipe For Innovation – Forbes. Open sourcing, no code required http://onforb.es/PJx1vYMIX
@forbes The Key Missing Ingredient In Leadership Today http://onforb.es/O5HHBA #stoos #radicalmanagement #agilestevedenning
Why your team won’t innovate http://innovateonpurpose.blogspot.com/2012/07/why-your-team-wont-innovate.html Engagement, Empowerment and Strategic Clarity are required for #innovationJeffrey Phillips

If you like these links, check out all the previous “Innovation Must Reads of the Week“. And don’t forget to

6 Attributes of an effective strategy

company strategy map

Picture credit: Martin Oberhäuser

At its essence, strategy is a guide to behavior. And, when communicating your strategic intent, the most important goal is conveying your unique aspects and advantages with specific and engaging words.

This is hard. But, if you’re not being challenged at coming up with an effective strategy statement, you’re not trying hard enough. Because It is a real challenge to translate strategy into execution, this is something we must continually work at, that is, communicating strategy. Research has found that only %14 of employees understand their company’s strategy and direction.

Innovation must reads of the week: Leadership competencies for disruptive innovation

Innovation must reads of the week: Leadership competencies for disruptive innovation

Storified by Jorge Barba · Sat, Jul 21 2012 21:07:25

I love watching Daniel Kahneman: Why We Make Bad Decisions About Money (And What We Can Do About It) @bigthink http://goo.gl/DRVbDAlex Osterwalder
Leadership Competencies for Disruptive Innovation http://zite.to/MPBmZ8 via @ziteRalph-Christian Ohr
Nebulous, pervasive, invisible but oh so powerful. Why culture is a significant #innovation barrier http://innovateonpurpose.blogspot.com/2012/07/culture-powerful-innovation-barrier.htmlJeffrey Phillips
Innovation Strategy: Dethroning an Established Platform – http://ht.ly/cj27X from @MITSloan #strategyChuck Frey
Key Drivers of Successful Implementation of an Employee Suggestion-Driven Improvement Program: http://bit.ly/OcBK81 Cc… @bhc3 #innovationArie Goldshlager
New blog post: Mistakes versus Experiments – how to use failure to help #innovation http://bit.ly/LWXEtlTim Kastelle

If you like these links, check out all the previous “Innovation Must Reads of the Week“. And don’t forget to

Vote for the Top 50 Innovation Tweeters of 2012

Who are your favorite innovation tweeps to follow on Twitter?

Braden Kelley wants to create a list of the Top 50 Innovation Tweeters of 2012 on his blog and he needs your help to put it together. How? Vote on by:

  1. Leaving a comment on his blog
  2. Send a tweet to @innovate –

DEADLINE for nominations will be July 22, 2012 at midnight GMT.

3 fundamental lessons about change that strategists must understand

change

“You must accept the things you cannot change, have the courage to change the things you can, and the wisdom to know the difference.” – Serenity Prayer

Like you, in my neck of the woods, I’ve observed that business leaders have a complete disregard for the forces of change in the world and much less in their industry. They understand their business very well, but not what is changing or will change their business.

And if they think they have an idea of what is changing, they adopt a “wait and see” approach and look at their competitors for direction.

Basically, their business acumen is non-existent. They base their strategy (if any) on luck and hope. And you know very well that luck and hope is not a strategy. They obviously think that because they’ve “been doing this for a long time” and it has worked for them thus far, that they somehow control their fate.

Nothing could be further from the truth.

Three fundamental lessons about change are of paramount importance (from the book The Strategist):