In 2015 and 2017, research by Peter Weill and Stephanie L. Woerner surveyed several hundred enterprises, examining both the capabilities needed for digital business transformation and the impacts on performance. Becoming ‘future-ready’ requires changing the enterprise on two dimensions: Customer experience and operational efficiency. [Update 09.08.18] Indeed, this chosen pair of dimensions turns out to be highly […]
Tag Archives | Leadership
This ‘opinion’ on the question “What can startups and incumbents learn from each other and what are the biggest threats?” was originally published at innoboard.de. In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are […]
This article was co-written with Frank Mattes. As published in a recent post, we have initiated a Peer Group of leading European companies which share our view that Best Practices with respect to scaling up validated concepts (successfully emerging from the “Fuzzy Front End”) to business impact need to be in place to sustainably […]
If you are a frequent reader of this blog, you may know we’ve been relentlessly highlighting the importance of organizational ambidexterity as vital requirement for modern dual corporate innovation approaches. Managing today’s business and creating future’s business successfully at the same time is probably the most demanding, yet indispensable challenge for future-proof organizations and their leaders. But what are hallmarks of successful organizational ambidexterity? What do […]
W. Edwards Deming once famously stated: A bad system will beat a good person every time. What was Deming trying to convey with this quote? It wasn’t an attempt to get people to give up trying because failure was certain. It was an attempt to get people to understand the importance of the system and […]
The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance […]
In previous posts, I have shared my view on important cornerstones for successful innovation management systems. As pointed out several times, balanced and up-to-date innovation management requires organizational ambidexterity, i.e. the capability to explore novel offerings and capabilities while simultaneously exploiting existing ones. In the following, I would like to summarize and complement these thoughts by suggesting an innovation management model that may help organizations to innovate more […]
For quite some time, I’ve been advocating the idea that successful and sustainable corporate innovation management systems should be based on the following cornerstones: Organizational ambidexterity: Sustainable innovation management is required to account for organizational ambidexterity, i.e. optimizing existing businesses and developing new businesses have to be driven in parallel. Failing to achieve an individually optimal balance will not lead to company success in the short and long […]
Recently, the Boston Consulting Group (BCG) has published key findings of their latest “Most Innovative Companies 2014” survey. Beside the annual ranking, headed by the top three companies Apple, Google and Samsung, some insightful outcomes with regard to organizational and cultural requirements have striked my eye. According to BCG’s research, successfully innovating companies approach innovation as a system. The system is rooted in experimentation, […]
In a previous post, I have pointed out the importance of diversity for innovation and organizational adaptability. Diversity is a crucial precursor to serendipity. In the Power of Pull, John Hagel, John Seely Brown and Lang Davison emphasize the rising need for serendipity: We need to find ways to attract relevant innovators and edge participants […]
- Venturing Activities in Corporate Innovation: Types, Features and Success Factors August 4, 2018
- Dual Innovation Ecosystem Strategy: Broker vs. Orchestrator August 3, 2018
- Organizational Pathways to Business Model Innovation March 9, 2018
- Digital Transformation Combines Customer Experience and Operational Efficiency December 13, 2017
- Identifying and Implementing Innovation Measures December 13, 2017
- A Model for Integrative Innovation Management March 21, 2016
- Integrative Innovation February 19, 2013
- Innovation and Organizational Culture February 14, 2015
- Balancing Innovation via Organizational Ambidexterity May 29, 2013
- Innovation and Serendipity May 23, 2013
- The Firm of the Future Will Manage Two Types of Businesses January 20, 2017
- Bad Innovation Systems Beat Good Innovators (Almost) Every Time March 26, 2017
- Integrating Lean Startup and Design Thinking February 1, 2014
- Leveraging New Ventures for Innovation July 21, 2014
- Balancing Innovation via Organizational Ambidexterity – Part 2 August 12, 2013
- Ralph-Christian Ohr: Thanks - good to hear it's useful for you!...
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- Paul Hobcraft: Nice pulling together of all the thoughts around c...
- Jurij: These days the importance of startup and corporati...
- Novas Formas de Engajamento entre Corporações e Startups 🚀 – Blog do Nei: […] Leveraging New Ventures for Innovation [...
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- NewTV Is the Antithesis of a #LeanStartup. Can It Work?, asks @sgblank https://t.co/cIh0f3HeP3 #innovation #entrepreneurship 3 hours ago
- Dead on and thought-provoking from @petervan: #Innovation Apes**t https://t.co/2k61dzbRAN [essentially underpinning… https://t.co/tilhO25Uf1 13 hours ago
- Thanks for the shoutout, Tim - much appreciated! It's encouraging to see companies increasingly adopting the… https://t.co/Zcebwn9liW 15 hours ago
- Great model case for 'Dual Innovation': @AlibabaGroup keeps two engines firing on all cylinders… https://t.co/xyTH8dLMc3 22 hours ago
- Key trade-off to corporate #innovation: Separating the venture adequately to secure critical autonomy and protectio… https://t.co/lLHxvBrRVZ 1 day ago