Innovation360 - Take Control
In today's fast-paced and ever-changing business world, it's becoming increasingly clear that our traditional approach to feasibility impact mapping may not be enough. The strategic environment we operate in is undergoing a seismic shift not only due to the rise of bots and AI, but also because of key drivers interacting both locally and globally. It's a challenge, but it's also an opportunity for us to harness our collective knowledge and expertise and thrive.
To navigate through this complex and unpredictable time, we must be equipped with the right tools and insights to help us analyze and prioritize in the right way. In this month's newsletter, we've dedicated our focus to helping you take control in uncertain situations.
We'll be sharing with you practical and actionable tips on how to navigate the creative destruction of our evolving strategic environment. Moreover, we have also included two VIP event invitations, one in London and one in New York.
Yours
Innovation 360 & Magnus Penker
The Uncertainty Meltdown
Conducting classical feasibility impact mapping is not working anymore. Read the new article on how to make decisions when times are turbulent, and how opportunities lie in the unknown.
In the article, the following six steps are described in detail:
VIP INVITATION NEW YORK
We're excited to extend an invitation to join our upcoming Innovation Circle in New York City on Friday, April 28, 2023, 09:15–12:00. We have an action-packed agenda planned, with insightful keynote speakers, peer-reviewed knowledge-sharing sessions, and unique facilitation opportunities.
This event allows you to gain insights into the most comprehensive methodology for innovation management, peer-review, and ISO 56000-2 compliance. Our in-person facilitation will be based on a unique report of your organization. Simply fill out a 15-minute survey before the event, and we'll provide personalized recommendations that can help your organization enhance its innovation potential.
This is a great opportunity to connect with peers, learn from experts, and take your organization's innovation journey to the next level. We're confident that you'll leave the event with new perspectives, actionable insights, and valuable connections.
Register Here
Lessons Learned from a Large-Scale Automotive Case
In the highly competitive world of automotive engineering, keeping pace with the rapidly changing technological developments is essential. And that's why the Polestar and Innovation 360 white paper, presented by Arlena Amiri and Magnus Penker, is highly anticipated by industry professionals.
领英推荐
The paper depicts a large-scale automotive case wherein they executed an innovative approach aimed at revolutionizing the industry's way of innovating. It was a project that demanded immense commitment, collaboration, and expertise from various departments across the organization.
The approach involved implementing new technologies and methodologies, such as data analytics and agile project management. The team had to identify key metrics for measuring progress and achieving the desired results. The implementation had to be carefully monitored and adjusted to ensure compatibility with existing processes and systems.
The project was a huge success, but one that didn’t come without challenges and learnings! Overall, the lessons learned from this project serve as a blueprint for innovation in the automotive industry. The whitepaper, presented by Arlene Amiri, Mikael R?nnholm, and Magnus Penker, will be eagerly anticipated by industry experts at the Advanced Engineering Fair in Gothenburg in April 2023 ― an event that they are sure to attend.
Are you looking for an exciting opportunity to connect with a vibrant community of innovators in the life sciences, pharma, and healthcare industries? Look no further, because we're thrilled to invite you to join us for the Innovation Circle on October 12, hosted on the Swedish Embassy in London.
This exclusive event is invitation-only, and as one of our most valued readers, you are cordially invited to apply for a chance to join us for an evening of insight, inspiration, and networking with some of the brightest minds in the industry.
Whether you are a seasoned industry expert or a c-suite, you will find a wealth of knowledge and expertise among our diverse group of attendees. With a focus on tackling the major transformation in life sciences, pharma, and healthcare, this is your chance to broaden your horizons and gain fresh insights into how innovation is reshaping the industry.
Don’t miss out on this amazing opportunity to engage with fellow leaders in the field. To apply for an invitation to the Innovation Circle, simply contact us by replying directly to this message.
Interactive Tool for Analyzing the Strategic Environment
Some years ago, we introduced the PESTLED360, a tool using a global database and artificial intelligence and an interactive interface for the organization to discover, elaborate and stretch the key drive impacting the business at most. We have used this both internally and among our licensed practitioners across all continents. Now we also open it up for internal consultants, what we call client practitioners.
The PESTLED360 can provide a comprehensive analysis of the internal and external factors influencing an organization. Here are some ways it can demonstrate value to an organization:
1. Identify opportunities for innovation: By examining the political, economic, social, technological, legal, environmental, and demographic factors that affect the organization, PESTLED360 can help to identify areas for innovation and growth. This can help organizations stay ahead of the competition and remain relevant in a constantly changing market.
2. Manage risks: By assessing the external factors that could have an impact on the organization, such as changes in regulations or economic downturns, PESTLED360 can help organizations mitigate risks and plan for contingencies.
3. Increase efficiency: By analyzing the organization's internal factors, such as its strengths and weaknesses, PESTLED360 can help to identify opportunities for streamlining processes and increasing efficiency. This can lead to cost savings and improved performance.
4. Improve decision-making: By providing a comprehensive overview of the organization's internal and external environment, PESTLED360 can help decision-makers make informed decisions based on data rather than assumptions or intuition.
In conclusion, PESTLED360 is a valuable tool for organizations looking to assess their external environment, identify areas for innovation, and make informed decisions. By using this tool, organizations can stay ahead of the competition, manage risks, and improve performance.
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