How can you make innovation a core value of your organization?

In my opinion, you need to promote your team to generate ideas which contribute to the business goals and help them to materialize it in specific actions. If it results in benefits for the organization, you need to reward the members of the team. This technique would help the organization to have innovation as a core value.

Innovation concerns the way we think, we organize our work, the way we live and serve the community. If we manage to think, work and live in a brand new way that will make this world better then we can consider which innovation will be helpful for the markets, the consumers and the society.

SWOT é impotante, mas n?o é suficiente no dias atuais. é preciso considerar também os Horizontes de Inova??o: - Horizonte 1 (H1) - Inova??es Core, Incrementais, risco baixo, atua??o no curto prazo. - Horizonte 2 (H2) - Inova??es Adjacentes, mitiga??o de risco e atua??o no prazo médio. - Horizonte 3 (H3) - Inova??es Transformacionais, de Longo prazo e alto risco.

Identifying where you are right now (Point A) and where you want to be (Point B) might sound extremely simple, but it's a step that so many organisations omit. Instead they jump straight into the journey, which is rather like opening Google maps and shouting "Get me somewhere" at your phone. Once you have clarity on the size of the gap between Point A and Point B, you can start to think about how you're going to bridge it. I love a SWOT workshop to get everyone on the same page about the ease and likelihood of getting to Point B and what might get in the way. Discussions like this also help to shine a light on the current level of innovative thinking

"Reality is your best friend." – Elizabeth Gilbert. Together with a group of thought leaders, we've explored the significance of assessing your current situation. A SWOT analysis is a vital tool for understanding your strengths, weaknesses, opportunities, and threats in relation to your innovation goals. Thinking of innovating? Start with a SWOT analysis to truly grasp where you stand and where you could go. It’s about turning insight into action. Ready to align your innovation journey with reality? Let's analyze and strategize.

To make innovation a core strategy I believe it needs to be encouraged across all ranks and employee levels, rather than making this a special group project. This means core leadership as well as the team members across all levels need to be trained to think critically and solve problems with innovation, need to be rewarded for successful solutions and at the same time should be allowed to fail and own up the learning’s from failure. There should be a clear definition of success metrics so that the teams including front line employees have leverage for some decision making but are very clear about the core objective of the organisation and can experiment with innovative models without impacting the revenue or other core goals and metrics.

Para integrar la innovación como un componente fundamental de la propuesta de valor de la organización, es imperativo que los directivos definan con claridad la visión de innovación que la empresa desea proyectar. Dada la diversidad de enfoques posibles para innovar, ya sea en productos, servicios, modelos de negocio, entre otros, resulta crucial establecer una dirección clara. Esta claridad permite elaborar un plan estratégico que genere resultados tangibles en el corto o mediano plazo, respaldando así el compromiso de todo el equipo. Además, facilita la transferencia de este valor percibido por los clientes o consumidores, fortaleciendo la posición competitiva de la organización en el mercado.

Vision sets the direction. Beyond this, regularly communicating and embedding this vision into every aspect of the organization, from onboarding to daily operations, ensures it becomes part of the organizational DNA. Encouraging open innovation by collaborating with external partners, customers, and even competitors can bring fresh perspectives and accelerate the innovation process. Investing in innovation hubs or labs where employees can experiment and develop new ideas without the pressure of immediate commercial success can further foster a culture of innovation. These will reinforce the innovation vision, making it a living, breathing part of the organization.

“Vision without action is a daydream. Action without vision is a nightmare.” Japanese proverb Vision is the place to start, don't get me wrong. Vision is the time to think big, to dream. However, dreams must become reality at some point. Yes vision must link to your companies purpose, values, culture, market BUT ALSO it's ability to execute. If you can't build a desireable, marketable, feasible product that gets customers to part with their money, it doesn't matter. At that point, it's just a dream. When starting, look at your vision as a hypothesis to test with buyers and users, adapting it to feedback. Don't set your heart on a vision for innovation without sharing it with the market, stakeholders, customers and users.

She sells sea shells by the sea shore. She sells sea shells by the sea shore. She sells sea shells by the sea shore. She sells sea shells by the sea shore.

"The biggest problem in communication is the illusion that it has taken place." G.B. Shaw When sharing thoughts, strategies or plans for innovation, remember you know it better than anyone. In your mind you've played out the story. You know the characters, the plot, the twists, and the ending. So instead of laying the path to innovation out in terms of information and facts, weave it into a story those you are sharing it with will remember. Stories drive interest. It's a fact. Stories that involve your audience drive engagement. Make your team, stakeholders, company and customers a part of your amazing story of innovation. Then, tell them what you are going to tell them. Tell them. And then tell them what you told them.

Communication is crucial. In addition to these practices, implementing structured innovation training programs can equip employees with the necessary tools and methodologies to innovate effectively. Creating cross-departmental innovation challenges can foster a spirit of collaboration and competition, driving engagement across the organization. Ensuring leadership models innovation behaviors and practices can set a powerful example, reinforcing the importance of innovation from the top down. These approaches not only enhance communication and engagement but also embed innovation as a core organizational value, driving sustainable growth and success.

1. Clear Messaging: Articulate the vision succinctly and align it with organizational goals. 2. Multi-Channel Communication: Use diverse platforms to reach stakeholders effectively. 3. Interactive Platforms: Foster dialogue and feedback through various forums. 4. Tailored Approach: Customize communication for different stakeholder groups. 5. Consistent Engagement: Maintain ongoing communication to keep stakeholders involved and motivated.

To embed innovation as a core value, foster a culture of introspection and passion for continuous improvement. Encourage curiosity, embrace failure as a learning opportunity, and provide resources for experimentation. Celebrate innovative ideas and recognize those who challenge the status quo.

Once the specific vision is identified & defined than it needs to be communicated to the last person in the organization hierarchy . This becomes imperative for the senior management to demonstrate the same in all their actions by effective communication whether is Team meeting Town hall Quarterly appraisals Yearly end appraisals ............. in any other internal communications This helps to team to realign themselves to the defined vision & not get distracted from the same

Developing your innnovation strategy starts with engaging stakeholders and understanding your unique value proposition as a business. The voice of the customer should always remain top of mind. Therefore, the innovation strategy should always focus on driving value and impact for customers.

1. Assess Needs: Identify areas where innovation is needed most within the organization. 2. Set Objectives: Define clear and measurable goals for innovation that align with overall business objectives. 3. Allocate Resources: Allocate appropriate resources, including funding, talent, and time, to support innovation initiatives. 4. Foster Collaboration: Encourage collaboration and cross-functional teamwork to generate and implement innovative ideas. 5. Experiment and Iterate: Embrace a culture of experimentation and learning, where failure is seen as an opportunity for growth. 6. Monitor and Evaluate: Continuously monitor progress and evaluate the effectiveness of innovation efforts against established objectives.

Creative Environment: Create a workplace where people feel free to brainstorm and take risks Reward Innovation: Recognize and reward employees who come up with innovative Feedback Loop: Establish a system where ideas are tested, improved, and implemented Partnerships: Collaborate with outside groups to bring in new perspectives and expertise Measure Progress: Track how well innovation efforts are working and adjust as needed.

La innovación no debe ser vista como una meta sino como un proceso. Si dentro de tu organización eres capaz de implementar un mindset de mejora continua, y sobre dicha cultura implementas un proceso con ceremonias y metodologías que impulsen la disrupción, estarás dise?ando una organización capaz de sobreponerse a los retos que tu sector demande. Lo vital es ser capaz de construir ese modelo sobre tres pilares: - Cultura de mejora contínua - Organización fluida y plana, donde el conocimiento se transfiera evitando los silos. - Establecer una metodología o conjunto de buenas prácticas sobre las que estandarizar el proceso creativo.

Innovation tends to dwell less at the center of an organization than at its edges. -Measure What Matters Listening to those at the "edges" / frontlines of your organization and truly giving them a voice/seat at the table and in the decision-making process goes a long way towards developing and sustaining innovation.

1. Develop Action Plans: Create detailed plans for executing the strategy. 2. Build Capabilities: Equip teams with skills and resources. 3. Foster Innovation Culture: Encourage experimentation and risk-taking. 4. Provide Support: Offer guidance and leadership. 5. Monitor Progress: Track and adjust as needed. 6. Celebrate Success: Recognize achievements to motivate teams.

Implementation and execution of innovation strategy is key for success. It should start with - Bottom-up approach - Involve every team member even if it is some one who takes care of the admin work - Innovation shouldn't be restricted to conference rooms. Discuss innovation thoughts openly in a large forum - Prepare non-bias evaluation matrix for validating the ideas

The fifth step is to implement and execute your innovation strategy by translating your ideas into actions. It's necessary to establish a dedicated team or unit to manage and drive your innovation projects. You must also allocate sufficient time, money, and resources to support your innovation activities. You need to monitor and measure the performance and outcomes of your innovation, and adjust your strategy as needed.

The innovation strategy should be supported by case studies that address real problems within your organization. This allows the team, contributors, or the entire organization to be involved in the design thinking process from conception to execution. Often, innovation begins with an idea but remains in the ideation phase or is quickly directed towards product implementation. Strategic thinking frameworks and critical thinking tools can help refine, implement, and execute small pilot sprints for testing.

Strategy and good ideas are worth little if they cannot be implemented. Only those working in the systems can make those systems visible and identify systems problems--and take right action to fix those problems. This must be done as a collective, using a "pull" strategy. Everyone contributes and is heard and all decisions are through consensus.

Lessons from the real-world problems can increase the rate of new innovations that helps to scale up the models at very fast rate like ChatGPT in AI

First and foremost have the top leadership really wanting and believing in innovation and its value, most top leaders think they support it but they lack of honest dedication and see it more as a cost

6. Designing a product on a drawing is very important, but making it viable by means of a prototype is the most important thing, because you can see elements that are unimaginable on a drawing, e.g. : * the quality of the plans * procurement and choice of suppliers * supply lead times * assembly/wiring/assembly techniques * how the technician perceives and understands assembly instructions * assembly errors * personal risks for assembly personnel * the step-by-step plan for commissioning * the quality of the operational test plan * improvement/FTE * time needed to switch to another MVP or improve the existing one * documentation and plans to be reviewed * market-by-market standards and product insurability (criminal and civil risks)

Foster a culture where creativity meets agility, and using tools like ChatGPT for data analysis becomes second nature. Embrace failures as lessons, encouraging your team to pivot and adapt swiftly. This mindset not only fuels innovation but ensures your organization stays ahead by constantly learning and evolving.

Fostering a growth mindset in your organisation helps accelerating innovation. Sharing learnings and showing example as leaders by showcasing experiments that failed but there was a learning helps the organisation to experiment and innovate more. I have seen good results when setting goals for amount of experimentation done by each team and individual and making sure there is time allocated specifically for experimentation.

It’s critical to embed innovation into the culture of the company. Innovation can occur in small daily operational tasks as well as bigger transformational activities. And all of these are important and need to be part of the fabric of the company.

Innovation is something that needs to be invested in and budgeted for. That doesn't mean just putting aside funding on innovation to be spent though. Each innovation proposed should be subject to a business case, ideally one that is of the right size and complexity to fit the proposed innovation. Investing in innovation with appropriate business cases or gate approvals means that organizations get value from their investment in this critical activity for their continued success.

I talked about this topic in my short videos on LinkedIn and YouTube... in my opnion you must; 1?? Encourage Quality: Strive for excellent work that adds value. 2??Respect Individuality: Embrace diverse skills and ideas. 3?? Foster Trust: Create an open, collaborative environment. 4?? Empower Freedom: Allow experimentation & risk-taking. 5?? Allocate Resources: Support innovation financially and technologically. 6?? Nurture Creativity: Provide spaces for brainstorming and cross-departmental collaboration. 7?? Embrace Adaptability: Be agile and open to change. 8?? Value Employees: Recognize & celebrate innovative thinking. By integrating these values, you'll create a culture where innovation thrives! ???? Follow me for more insights ????

Paint the word “innovation” on the wall in the office. All capital letters. At least 3 feet tall. Preferably in Papyrus font. Or … Define “innovation” in the context of your organization and its goals. Explain how you will measure innovation. Connect your definition to specific workplace behaviors. Give people time, channels and prioritization to express these behaviors in their work. Recognize people who constantly demonstrate these behaviors and achieve measurable results. Then paint INNOVATION on the wall - because you’ve earned it. ??

Innovation is a mindset. Hire innovators and empower them to be the change from within the organization. I have seen how high impact yet narrow-scope special projects move the needle and produce tangible results for organizations in the short-term. Here are some tips: - Build a team of innovators. - Foster a highly collaborative, agile team dynamic that empowers them to push the envelope. - Set clear goals, objectives and boundaries. - Give them a proper budget, and ample resources. - Let them do their magic.