Tag Archives | Agility

Balancing Large and Small Firm Capabilities

As outlined in earlier posts, organizations need to balance exploitation (i.e. development of existing business) and exploration (i.e. creation of new businesses) in order to thrive on the short and long term.  The corresponding integration of incremental and radical innovation can basically be achieved in different ways:   Building ambidextrous and lean startup capabilities Established organizations with larger size usually target at extending their core business by incementally […]

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Integrating Lean Startup and Design Thinking

Both Lean Startup and Design Thinking are promising approaches in order to target innovation. The Lean Startup concept is an appropriate choice for creating new businesses through development of an already existing idea or vision. Design thinking, on the other hand, might be preferred if the right business idea has not been found yet and customer needs or problems are still vague. Therefore, […]

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Balancing Innovation via Organizational Ambidexterity – Part 2

This is part two of a three-parts article co-written with innovation-3‘s Frank Mattes.   In the first part we worked out why successful firms need to balance radical and incremental innovation. We introduced the concept of organizational ambidexterity as an appropriate way for simultaneously conducting exploration and exploitation, the two paradigms behind radical and incremental innovation. This second […]

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Balancing Innovation via Organizational Ambidexterity

This is part one of a three-parts article co-written with innovation-3‘s Frank Mattes.   Organizational ambidexterity is becoming a key factor for success in many industries. With a proper ambidextrous set-up, firms can optimally balance radical and incremental innovation. In this article, we are showing the need for organizational ambidexterity, introduce the concept, show how it […]

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Reconciling Organizational Improvement and Reinvention Through Social Business Design

This is the second part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the first part here.   A striking change of focus in the social business arena occurred during the last five years. Despite the fact that Andrew McAfee’s original definition specified its scope as «within companies, or between companies and […]

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Business Model Innovation as Wicked Problem

This is the first part of a post co-written with Thierry De Baillon from Sonnez en cas d’absence. Read the second part here.   We live in an age where emergent technologies continue to have massive effects on business and society. Rising complexity requires companies and economies to cope with increasingly interlocking systems. If we […]

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The Future of Innovation is Open

Sustainable innovation requires evolution and revolution. Over the long term, organizations need to be capable of both moving along existing growth trajectories and creating new ones when the old business matures or stalls. This can be depicted as recurring movement along innovation s-curves. In the case of a new venture, acquiring lean start up skills […]

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Innovators Hold Strong Visions Weakly

In one of my previous posts I discussed the crucial distinction between need and solution. Innovation is about matching these two components – i.e. solving a customer problem (desirability) through a viable business model, leveraging feasible products and services – in a novel way. It’s important to note that solutions are not represented by products […]

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