The wise stewardship of resources is the task of any organization. How those resources are deployed for maximum gain is the key responsibility of organizational leadership. The only problem with this concept is what happens when wise stewardship comes up hard against the necessary risking of resources for the material benefit of innovation? Unfortunately, in the present “economic unpleasantness” as a dear friend keeps calling the train wreck that is this great recession, stewardship of resources has digressed to hoarding of resources. Save for one notable exception – human resources.
A system is a network of interdependent components that work together to try to accomplish the aim of the system. A system must have an aim. Without the aim, there is no system. – W. Edward Deming
Ignoring the interconnections between organizational subsystems causes havoc when innovation is demanded of all areas of the business, instead of one function, and the competition for resources becomes fierce.
Failure is simply the opportunity to begin again, this time more intelligently.
- Henry Ford
To create innovation there must be a structure that can support the exploration, the risk-taking, the resource expenditure without direct monetary return. A structure that supports innovation must capture and support an organization’s ability to reach beyond what it produces in the present to what it might produce for the future. It demands a structure that can seek and use unknown resources, to build the unknown for unknown customers (or at least meet current customers’ unknown needs!)
…Business is not a sporting event. Victory for one company doesn’t mean defeat for everyone else.
- James Surowiecki
Playing Games With Innovation
Let’s be blunt, innovation has become the latest political football in many organizations and the competition around owning it has become fierce, if not ugly. For those organizations who do not know how to address [...]
Today innovation sits at the heart of economic value creation. If the 1980’s were all about productivity, the 1990’s were about quality, and the 2000’s about globalization, the current decade will most likely be about the capacity of organization to harness the controlled chaos inherent in innovation to create value. With the acceleration of globalization process, innovation is more and more seen as the appropriate tool to create business value.
A genius looks at something that others are stuck on and gets the world unstuck.
- Seth Godin, Linchpin
Genius Marketer Markets Book Ingeniously
If Seth Godin was doing anything with his past books it was perhaps leading a trail of breadcrumbs to this current book, Linchpin. Where Tribes (2008) was a call to finding a following [...]
Seth’s mini-post “Why Ask Why?” on curiosity may not evoke an “A-HA” moment. But I bet it certainly provokes a “YES!” moment or two.
I’ve always said that at the center of innovation lies intellectual curiosity. Without it, you’ll never get beyond the notional boundaries (both real and self-imposed) that good problem-solving and creative-thinking directly address.
Culture is a little like dropping an Alka-Seltzer into a glass-you don’t see it, but somehow it does something.
- Hans Magnus Enzensberger
What is Organizational Culture?
At its most basic, organizational culture is reflects the “personality” of the organization. Culture is the combination of the held assumptions, espoused values, practiced norms and physical artifacts of organization members [...]
Victor Newman weighs in on “What makes an innovator?” in his recent post…
“So it could be the case that real entrepreneurs will innovate whether you like it or not. And maybe the best thing to do is to either get out of their way, make it easier for them to get on with their job, [...]
Phil McKinney’s latest blog post nails the way in which we are primed to think that creativity and innovation are domains reserved for the “gifted and talented”. So many times our ideas are beaten down by our own ruthless self-censorship, denial and embarrassment-induced conformity. McKinney notes that, “We are a race of innovators – born [...]
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