Unpuzzling Innovation: Mastering Innovation Management in a Structural Way
By Pearl Zhu
4.5/5
()
About this ebook
The purpose of “Unpuzzling Innovation - Mastering Innovation Management in a Structural Way“ is to demystify innovation puzzle in a structural way. Innovation is the process which can be classified scientifically and managed dynamically. Innovation is neither serendipity nor status quo, it needs to break some outdated rules, builds digital principles, and takes a systematic approach with robust, but not overly rigid processes to implement it. Digital innovators are the “whole-brainers” who present leadership skills and multidimensional intelligence, to mastering the “art of possible.” Creativity is simply about connecting the dots, the difference between innovation and creativity is implementation. It’s important to develop a set of best/next practices to manage digital innovation continuum effectively. It’s also critical to understand the paradox of innovation and strike the right balance between ideation and execution part of the innovation process and management. Innovation journey is thorny, be cautious about gaps and pitfalls on the way, to improve innovation success rate and measure it in the right way.
Read more from Pearl Zhu
DIGITAL IT: 100 Q&As Rating: 0 out of 5 stars0 ratings12 CIO Personas: The Digital CIO's Situational Leadership Practices Rating: 0 out of 5 stars0 ratingsDecision Master: The Art and Science of Decision Making Rating: 4 out of 5 stars4/5Problem Solving Master: Frame Problems Systematically and Solve Problem Creatively Rating: 2 out of 5 stars2/5Digital Capability: Building Lego Like Capability Into Business Competency Rating: 0 out of 5 stars0 ratingsLeadership Master: Five Digital Trends to Leap Leadership Maturity Rating: 5 out of 5 stars5/5Talent Master: 199+ Questions to See Talent from Different Angles Rating: 5 out of 5 stars5/5Change Insight: Change as an Ongoing Capability to Fuel Digital Transformation Rating: 5 out of 5 stars5/5100 Creativity Ingredients: Everyone’s Playbook to Unlock Creativity Rating: 5 out of 5 stars5/5CIO Master: Unleash the Digital Potential of It Rating: 4 out of 5 stars4/5Quality Master: The World Class Insight About Quality Rating: 0 out of 5 stars0 ratingsThe Change Agent CIO: The CIO’s Dynamic Role of Leading Digitalization Rating: 0 out of 5 stars0 ratingsDigital Master: Debunk the Myths of Enterprise Digital Maturity Rating: 0 out of 5 stars0 ratingsDigital Maturity: Take a Journey of a Thousand Miles from Functioning to Delight Rating: 0 out of 5 stars0 ratingsDigital Hybridity: How to Strike the Right Balance for Digital Paradigm Shift Rating: 0 out of 5 stars0 ratings100 IT Charms: Running Versatile IT to get Digital Ready Rating: 0 out of 5 stars0 ratings100 Digital Rules: Setting Guidelines to Explore Digital New Normal Rating: 0 out of 5 stars0 ratingsThinkingaire: 100 Game Changing Digital Mindsets to Compete for the Future Rating: 5 out of 5 stars5/5Digitizing Boardroom: The Multifaceted Aspects of Digital Ready Boards Rating: 5 out of 5 stars5/5Digital Gaps: Bridging Multiple Gaps to Run Cohesive Digital Business Rating: 0 out of 5 stars0 ratingsInnovation Breakthrough: Depict Innovation as a System Rating: 0 out of 5 stars0 ratingsDigital Fit: Manifest Future of Business with Multidimensional Fit Rating: 0 out of 5 stars0 ratingsDigital Valley: Five Pearls of Wisdom to Make Profound Influence Rating: 5 out of 5 stars5/5Digital Agility: The Rocky Road from Doing Agile to Being Agile Rating: 5 out of 5 stars5/5Digital Boardroom: 100 Q&As Rating: 0 out of 5 stars0 ratingsIt Innovation: Reinvent It for the Digital Age Rating: 5 out of 5 stars5/5
Related to Unpuzzling Innovation
Related ebooks
Innovation Governance: How Top Management Organizes and Mobilizes for Innovation Rating: 5 out of 5 stars5/5The Corporate Startup: How established companies can develop successful innovation ecosystems Rating: 4 out of 5 stars4/5Innovation Diamond Rating: 0 out of 5 stars0 ratingsPirates in the Navy: How Innovators Lead Transformation Rating: 5 out of 5 stars5/5The Innovation Toolkit: Insights to help executives stay ahead of the curve Rating: 0 out of 5 stars0 ratingsLead and Disrupt: How to Solve the Innovator's Dilemma, Second Edition Rating: 5 out of 5 stars5/5Not Invented Here: Cross-Industry Innovation Rating: 5 out of 5 stars5/5The Alchemy of Ideas: Design Thinking and Innovation Rating: 0 out of 5 stars0 ratingsThe 4x4 Innovation Strategy (Version 1.1) Rating: 0 out of 5 stars0 ratingsDesign Thinking in Business and IT: Overview, Techniques and Example Workshop Rating: 4 out of 5 stars4/5High Velocity Innovation: How to Get Your Best Ideas to Market Faster Rating: 0 out of 5 stars0 ratingsRelentless Innovation: What Works, What Doesn’t--And What That Means For Your Business Rating: 0 out of 5 stars0 ratingsThe Innovation Biome: A Sustained Business Environment Where Innovation Thrives Rating: 0 out of 5 stars0 ratingsMaking Creativity Practical: Innovation That Gets Results Rating: 0 out of 5 stars0 ratingsLean Scaleup Rating: 0 out of 5 stars0 ratingsCreating the Innovation Culture: leveraging visionaries, dissenters, and other useful troublemakers in your organization Rating: 0 out of 5 stars0 ratingsDesign Thinking Rating: 0 out of 5 stars0 ratingsInnovator's Playbook: How to Create Great Products, Services and Experiences that Your Customers Will Love Rating: 0 out of 5 stars0 ratingsI am an Idea Factory! The leader’s guide to bridging the gap between new ideas and results Rating: 0 out of 5 stars0 ratingsThe Innovation Opportunity: Getting started with business innovation and moving beyond survival! Rating: 0 out of 5 stars0 ratingsDigital Agility: The Rocky Road from Doing Agile to Being Agile Rating: 5 out of 5 stars5/5Alignment: Overcoming internal sabotage and digital product failure Rating: 0 out of 5 stars0 ratingsThe Little Booklet on Business Design: Getting Started Rating: 0 out of 5 stars0 ratingsDriving Growth Through Innovation (Review and Analysis of Tucker's Book) Rating: 0 out of 5 stars0 ratingsThe Innovation Mandate: The Growth Secrets of the Best Organizations in the World Rating: 0 out of 5 stars0 ratingsInnovation Lab Excellence: Digital Transformation from Within Rating: 0 out of 5 stars0 ratingsThe Innovation Paradox: Why Good Businesses Kill Breakthroughs and How They Can Change Rating: 0 out of 5 stars0 ratingsTen Types of Innovation: The Discipline of Building Breakthroughs Rating: 4 out of 5 stars4/5
Management For You
Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 30th Anniversary Edition Rating: 5 out of 5 stars5/5Emotional Intelligence Habits Rating: 5 out of 5 stars5/5Summary of The Laws of Human Nature: by Robert Greene - A Comprehensive Summary Rating: 4 out of 5 stars4/5The Motive: Why So Many Leaders Abdicate Their Most Important Responsibilities Rating: 5 out of 5 stars5/5The 4 Disciplines of Execution: Revised and Updated: Achieving Your Wildly Important Goals Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5Managing Oneself: The Key to Success Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Boundaries for Leaders: Results, Relationships, and Being Ridiculously in Charge Rating: 4 out of 5 stars4/5Malcolm Gladwell's Blink The Power of Thinking Without Thinking Summary Rating: 4 out of 5 stars4/5The New One Minute Manager Rating: 5 out of 5 stars5/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Multipliers, Revised and Updated: How the Best Leaders Make Everyone Smarter Rating: 4 out of 5 stars4/5Great Ceos Are Lazy: How Exceptional Ceos Do More in Less Time Rating: 4 out of 5 stars4/5The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5The First-Time Manager Rating: 3 out of 5 stars3/5Leadershift: The 11 Essential Changes Every Leader Must Embrace Rating: 5 out of 5 stars5/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Spark: How to Lead Yourself and Others to Greater Success Rating: 5 out of 5 stars5/5The Coaching Habit: Say Less, Ask More & Change the Way You Lead Forever Rating: 4 out of 5 stars4/5The Advantage: Why Organizational Health Trumps Everything Else In Business Rating: 5 out of 5 stars5/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5The Ideal Team Player: How to Recognize and Cultivate The Three Essential Virtues Rating: 4 out of 5 stars4/5
Reviews for Unpuzzling Innovation
2 ratings0 reviews
Book preview
Unpuzzling Innovation - Pearl Zhu
Author
Introduction
Digital Innovation is a dynamic storybook that has intricate chapters, with a serendipitous cover, which can be flipped over to the next level, but it is a book that never ends.
Figure 1 Mastering Innovation Management in a Structural Way
Digital is the age of innovation. And innovation is what leads to differentiation. There are many ways to differentiate and, therefore, there are many ways to pursue innovation. Talking of innovation is not new nowadays, everybody, every organization now is talking about innovation. It’s been at or near the top of the business or economics agenda for a long time. However, there’re a lot of confusions about innovation and there is no magic sauce to guarantee its success. Back to basic, what is innovation, the more you look into this topic, the more difficult to give a definition of innovation, as it is such a broad topic. One of the good definitions of innovation is: "to transform the novel ideas into commercial success." In essence, innovation is, intentional novelty bringing sustainable benefit.
Creativity is the mental process to create novel ideas, and innovation is to transform novel ideas to achieve their business value. The creativity ingredients include curiosity, knowledge, urge, inspiration, intuition, need and necessity, instinct, survival of the fittest and larger good simple brilliance, boldness, logic, rationality, out of the box thinking, fluidity, flexibility, discovery, stretch, influence, experiment, insight, prioritization, customer-centricity, open-mindedness, transdisciplinarity, inquisitiveness, risk tolerance, etc. A new idea, a new method, a new product or service, a new business proposition, a new and better deployment of resources, another way to achieve better results, etc, all contribute to innovation.
Figure 2 The Creativity Cube
The purpose of "Unpuzzling Innovation - Mastering Innovation Management in a Structural Way is to demystify innovation puzzle in a structural way. Innovation is the process which can be classified scientifically and managed dynamically. Innovation is neither serendipity nor status quo, it needs to break some outdated rules, builds digital principles, and takes a systematic approach with robust, but not overly rigid processes to implement it. Digital innovators are the
whole-brainers who present leadership skills and multidimensional intelligence, to mastering the
art of possible." Creativity is simply about connecting the dots, the difference between innovation and creativity is implementation. It’s important to develop a set of best/next practices to manage digital innovation continuum effectively. It’s also critical to understand the paradox of innovation and strike the right balance between ideation and execution part of the innovation process and management. Innovation journey is thorny, be cautious about gaps and pitfalls on the way, to improve innovation success rate and measure it in the right way.
Chapter 1 Innovation classification: Digital innovation has a broader spectrum with hybrid nature including incremental innovation, evolutionary innovation, and radical innovation; hard innovations such as products/service innovation, business model or process innovation, and soft innovations such as leadership innovation, communication innovation, and culture innovation. The gap between incremental and radical innovation is huge both in terms of outcomes if successful and on how to approach.
Chapter 2 Innovation principles: Digital brings both unprecedented opportunities and risks to the businesses today. Every innovation-the creative pursuit has the risk in it. You’re accepting risk for potential reward. Therefore, it is important to set principles for managing innovation and handling risk in a structural way. The principles and guidelines help to further frame processes, measures, and control.
Chapter 3 Digital innovators: Creativity is a high level of thinking and intelligence. Intelligence is the quick and clear perception of any situation, plus ability to adjust to any circumstances. It is contextual and multidimensional. Digital innovators present leadership skills, master at creative communication, understand what is wrong with the status quo, have the good sense and sound judgment to attract and surround themselves with the right people, and work collaboratively to do more with innovation.
Chapter 4 Connecting innovation dots: Creativity is infused with an inner cohesion and comes from a vision of uniqueness. Creativity is simply about connecting the dots. Creativity needs a problem, and a creative person needs a purpose. The difference between innovation and creativity is implementation. Innovation is to reinvent business, but not to reinvent the wheels. Innovation is about reinventing the business direction or purpose, which defines strategy, profitability and relevance at any given time. Innovation allows one to stand out and above the rest.
Chapter 5 Digital innovation next practices: Digital innovation has a broader spectrum with hybrid nature, it is the incremental improvement- radical innovation continuum. It is hard to think of any innovation as not a hybrid, a combination of something old with something new or a number of new things. Probably, the more hybrid, the more familiar things are combined, the less likely is any disruption, although all innovations are disruptive of something or some behavior to some degree. The innovation leaders need to master at managing complexity and dynamic of innovation portfolio more effectively.
Chapter 6 Innovation paradox: Innovation is to transform the novel ideas and achieve their business value. Innovation is not just about ideas or exchanging ideas, based on most of the innovation models, idea creation is only one step of the innovation process. Therefore, in a basic view, innovation is a process and every process needs to be managed. The paradox is that all creative activities are subversive in questioning the status quo. Setting rules and goals for creativity goes against the very nature of creativity and thus inventiveness and innovation. It’s critical to strike the right balance between ideation and execution part of the innovation process and management.
Chapter 7 Innovation gaps and pitfalls: Innovation fails because, there