Driving Organic Growth and Innovation

Underpinning of Driving Organic Growth Blog

by Robert Cooper

After much investigation I found four critical components of a successful corporate innovation effort and have tagged the posts in this blog appropriately.

The Critical Role of Leadership
Leadership must frame the overall innovation effort; make the critical resource decisions in a transparent fashion; clear any obstacles that would impede momentum; legitimize the initiatives within the corporation; and, play a major role in setting the climate for innovation.

The Importance of an enabling Corporate Climate
Corporate Climate deals with the: cultural barriers to growth through innovation; the skills required; the incentive systems to create the right behavior; the managing systems and attitude. We have found that managing business risk is an absolutely critical component to a successful, sustainable innovation effort.

Sources of Ideas
Ideas are of course the basis for innovation. Where they come from is changing dramatically. We will discuss this thoroughly going forward. However, you will fall way short if all you do is generate ideas.

The Importance of Process
Process is the final component to a successful innovation effort and we will share what different companies have tried. Within this group there are sub-groups of Managing Uncertainty, Being Ambidextrous and Creating Competitive Separation.

Wednesday, September 19, 2018

Snow Melts From the Edges
RGM Newsletter

https://mail.google.com/mail/u/0/?shva=1#label/BLOG/FMfcgxvzKQhBBqCRGJlgfSmBvlLQqMJF

This is an incredibly powerful metaphor: your markets/business can erode at the edges. Do you have the systems in place to detect and deal with it.Go to the article to see Rita McGrath's comments

Andy Grove, Intel’s fabled former CEO and author of Only the Paranoid Survive observed that “When spring comes, snow melts first at the periphery, because that is where it is most exposed”. For people running organizations, this has important ramifications – if snow melts from the edges, how do we make sure we see when this is happening? Below are some questions to ponder upon.

Do I have mechanisms to come in direct contact with the ‘edges’?
Am I regularly gaining exposure to diverse perspectives?

Am I trusting and empowering small, agile teams?

Do I have mechanisms for fostering ‘little bets’?

Do I regularly get out of the building to see what’s going on?

Are incentives aligned with gaining uncomfortable news?

Am I making sure I’m not in denial?

Driving Organic Growth and Innovation

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Underpinning of Driving Organic Growth Blog

Wednesday, September 19, 2018