Category Archives: Strategy

Where Do Innovation Strategies Usually Go Wrong?

GUEST POST from Jesse Nieminen

Innovation strategy is a common source of anxiety for many innovation managers: they always want one, but few think their organization has a clearly defined one.

However, the good news is that innovation strategy is just a set of decisions on how to best fulfill the company’s overall strategic goals related to creating something new or improved. So, even if your organization doesn’t yet have a clearly defined innovation strategy, it’s often a surprisingly straightforward task to derive it from the overall corporate strategy.

Having said that, there still are a handful of ways in which innovation strategies often go wrong. In this article, we’ll explore some of these more common mistakes, and seek to provide you with some actionable tips for avoiding them.

Innovation Strategy

The Classic Strategy Mistakes

Let’s start by covering the five classic strategy mistakes. These are not specific to innovation strategies but are by far the most common problems in those too.

The Five Classic Strategy Mistakes

At first glance, these classic mistakes seem like very basic rookie mistakes that no senior leader worth their salt will make. However, they are actually very difficult to avoid completely in a large organization. Most strategies, even some of the best, thus usually include some of these elements.The point is that if you start to see more than one or two of these, or if they’re obvious issues, odds are that your strategy will run into challenges down the road. Let’s next cover each of these mistakes briefly.

Daydreaming. This is the classic case of management coming up with a big, bold vision but not having any idea on how to get there, and no concrete plans for figuring that out. For front-line employees and managers, it’s immediately obvious that the strategy just isn’t rooted in reality.
Alignment is a related, but more nuanced challenge, and one that almost every large organization struggles with. Bridging the gap between the big picture goals and the day-to-day across the entire organization is just a very difficult task that is nearly impossible to get right from the get-go. The key is getting most of the way there, and then actively working to further improve alignment as you execute on the strategy.
Hoping for the best is a classic mistake for the big-picture style of leaders who think that their job is to get the big picture right, and its’ then other people’s job to make things happen. In reality, as Professor Martin well put it, it just doesn’t work like that. If your strategy doesn’t consider the execution, you’re just hoping for the best and usually that won’t happen. There’s a reason for the CEO being the Chief Executive
Not deciding is probably the second most common challenge right after alignment. We’ve all seen strategies that are basically a variation of “we do everything for everyone because that’s the biggest market”, and that lack of focus can only lead to spectacular failure when it comes time to execute the strategy. Another variation of this is strategies like “we focus on growth”, “we will become a market leader”. These aren’t meaningful choices; they are the end results, and very abstract ones at that. Nevertheless, growth can be made into an effective strategy if it’s focused on a very specific area, and the strategy includes the compromises you’re willing to make to achieve that growth, for example profitability. However, that’s just not what most companies are doing when they say their strategy is growth.
The 5-year plan is our nickname for running an extremely intensive one-off strategy process where a detailed roadmap is created for the next five (or however many) years. The problem is that no matter how well you know the business and do your research, no one gets it right from the get-go, and even if you theoretically would, there are very few markets that are so stagnant that nothing significant will change in the next five years. Good strategies are always a result of an iterative, on-going process.

In a nutshell, innovators plan for the long-term and towards specific goals – but remain flexible on the ways to get there and make strategy an iterative learning process focused on getting things done and continuously moving in the right direction. There are many good frameworks for this. Be it Future-Back, Discovery-Driven Planning, Blue Ocean Strategy, or the Lean Startup, they all essentially talk about variations of the same thing.

The Real Challenge is Implementation

Let’s say you get the big picture right and avoid the classic mistakes we’ve just covered. The good news is that you’re now in the game! The bad news is that you’re still a long way from successfully pulling off your strategy.

The implementation is the hard part, and the part that makes all the difference. In essence, a great strategy, be it an innovation strategy or any other kind of strategy, sets the upper limit for the performance of the organization. A poor strategy, even when executed perfectly, will still lead to poor performance. But so does a perfect strategy when implemented poorly.

Strategy execution is the hard part

Reliable figures for the failure rate of strategy execution are hard to come by, but the consensus seems to be in the range of 60-90%. I haven’t seen research on the same figures for innovation focused strategies but based on the stats that are available, I’m quite confident they aren’t much better.

Anyone can, after all, say that they want to change the world or become a global leader at something, but few can make that happen.

So, a great innovation strategy is built on a nuanced understanding of an organization’s operating environment and is built on choices that give the organization the best possible odds of success. And, in that, keeping the implementation and the day-to-day realities top of mind during each phase of the strategy work is key.

A great innovation strategy is built on a nuanced understanding of an organization’s operating environment and is built on choices that give the organization the best possible odds of success.

The details will naturally vary depending on the business and industry, but before we wrap up, we’ll briefly cover some of the key principles that most organizations pursuing an innovation focused strategy should pay attention to.

Getting Implementation Right

1. Tell the What, focus on the Why, and leave room for the How

The first of our principles is to understand that you as a leader don’t have all the answers. Whatever plan you create will need to be adjusted, and it should be done by the people executing the strategy. So, make sure your strategy tells the big picture mission and key choices you’ve made (the What), but focuses especially on the rationale behind them (the Why) while leaving room for people to figure out what the best methods are for achieving those goals (the How).

Statistically speaking, no one will remember your strategic goals, but with a couple of well-chosen examples, you can get your employees to remember the rationale behind key choices, which has far reaching consequences throughout the organization. If you get that right, alignment and execution will become dramatically easier.

2. Speed is key, systematically seek out and remove barriers for it

As we’ve covered earlier, executing an innovative strategy is an iterative learning process. The faster you can move, the faster you will learn, and the more you can accomplish. This leads to compounding returns, and that’s why I think pace of innovation is the ultimate competitive advantage any organization may have.

There are a number of things that can help make an organization more agile, innovative, and faster, but in the end it comes down to systematically seeking out and removing any and all barriers that prevent people from executing the strategy – and innovating. Sometimes this is straightforward if you just keep an ear to the ground, but often you may need to resolve more complex structural issues.

3. Decentralize

While it’s been shown that an extraordinary CEO can temporarily get an organization to execute well with sheer will of force, things will unravel the moment they leave if capabilities and responsibilities aren’t spread out across the organization. Thus, smart leaders will focus on controlled decentralization and capability building from the get-go.

The same principle applies for both strategy execution and innovation. Simply put, decentralization will help your organization make more informed decisions and move even faster.

Conclusion

As we all know, strategy plays a big role in determining the success of any organization. It essentially sets the upper limit for their performance, and a poor one will prevent the organization from ever reaching its full potential.

But, in any industry, there are likely dozens if not hundreds of companies with great, often even nearly identical strategies. Some just seem to pull it off, where others don’t.

Thus, it’s the implementation that makes the difference and really determines the success of an organization, and planning for execution and adapting to a changing reality must be crucial parts of your strategy from the get-go.

Image credits: Unsplash, Jesse Nieminen, unsplash

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Co-creating Future-fit Organizations

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Co-creating Future-fit Organizations

GUEST POST from Janet Sernack

In our second blog in this series of three, we opened the door to a threshold for a new kind of co-creative, collaborative and cohesive team spirit that catalyzes change through “innovation evangelism”. Focusing on building both internal and external talent, through empowering, equipping, and enabling internally cohesive and effective innovation teams. They apply their collaborative and collective intelligence towards initiating open innovation initiatives co-creating future-fit organizations that are human-centric, adaptive, engaging, inclusive, collaborative, innovative, accountable, and digitally enabled.

Innovation evangelists are change catalysts who courageously experiment with different business models and processes, to crowdsource broad and deep innovation capabilities. Usually in new ways that breakthrough corporate antibodies and barriers and deliver sustainable, meaningful, and purposeful change. Where, according to the recent Ideascale “Crowd Sourced Innovation Report 2021” “crowdsourced innovation capabilities have grown and innovation output indicators like implementation rate and time to implement have improved. In fact, businesses that were able to rapidly adapt and focus on innovation(in 2020) are poised to outperform their peers in the coming years”.

Innovation teams don’t innovate

The purpose of an innovation team is to create a safe environment that unlocks organizational and its key external stakeholder’s collective intelligence and innovation agility (capacity, competence, and confidence) to build the capability to change as fast as change itself.

Where the goal is to create a high performing, connected, and networked workplace culture where people:

Understand and practice the common language of innovation, what exactly it means in their organizational context, as well as exactly what value means to current and potential customers as well as to the organization,
Develop a shared narrative or story about why innovation is crucial towards initiating and sustaining future success,
Have the time and space to deeply connect, collaborate, and co-create value, internally and externally with customers, suppliers, and other primary connection points to build external talent communities and value-adding ecosystems,
Maximize differences and diversity of thought within customers as well as within communities and ecosystems,
Generate urgency and creative energy to innovate faster than competitors,
Feel safe and have permission to freely share ideas, wisdom, knowledge, information, resources, and perspectives, with customers as well as across communities and ecosystems.

How innovation teams learn and develop

Sustaining success in today’s uncertain, unstable, and highly competitive business environment is becoming increasingly dependent on people’s and team’s abilities to deeply learn, adapt and grow. Yet most people and a large number of organizations don’t yet seem to value learning and adaptiveness as performance improvement enablers, especially in enabling people and teams to thrive in a disruptive world. Nor do they understand how people learn, nor how to strategically develop peoples’ learning agility towards potentially co-creating future-fit organizations that sustain high-impact in VUCA times.

At ImagineNation™ we have integrated the four E’s of learning at work; Education, Experience, Environment, and Exposure with 12 key determining factors for co-creating future-fit organizations that sustain high-impact in VUCA times through our innovation team development, change, learning, and coaching programs.

Case Study Example

Educational customisation and alignment

After conducting desktop research and key stakeholder sensing interviews, we customized our innovation education curriculum specifically to align with the learning needs of the innovation team.

We aligned the program design to the organization’s strategic imperatives, values, and leadership behaviors, we reviewed the results of the previous culture, climate and engagement surveys, as well as the range of business transformation initiatives. We then applied design thinking principles to “bring to life” the trends emerging, diverging, and converging in our client’s and their customer’s industry sectors.

Focusing on:

enabling people to perform well in their current roles,
building people’s long-term career success,
developing their long-term team leadership and membership development capabilities,
laying the foundations for impacting collectively towards co-creating future-fit organizations.

Experiential learning a virtual and remote environment

We designed and offered a diverse and engaging set of high-value learning and development experiences that included a range of stretch and breakthrough assignments as part of their personal and team development process.

Focusing on:

encouraging people to engage in a set of daily reflective practices,
offering a series of customized agile macro learning blended learning options, that could be viewed or consumed over short periods of time,
engaging playful activities and skills practice sessions, with structured feedback and debrief discussions,
providing an aligned leadership growth individual and team assessment process,
introducing key criteria for establishing effective team cohesion and collaboration,
linking team action learning activities and evidence-based assignments to their strategic mandate ensuring their collective contribution towards co-creating future-fit organizations.

Environment to support and encourage deep learning

We aimed at creating permission, tolerance, and a safe learning environment for people to pause, retreat, reflect, and respond authentically and effectively, to ultimately engage and upskill people in new ways of being, thinking, and acting towards co-creating future-fit organizations.

Focusing on:

developing peoples discomfort resilience and change readiness,
encouraging people to be empathic, courageous, and compassionate with one another, to customers as well as to those they were seeking to persuade and influence,
allowing and expecting mistakes to be made and valued as learning opportunities and encouraging smart risk-taking,
reinforcing individual learning as personal responsibility and team learning as a mutual responsibility and establishing a learning buddy system to support accountability,
offering a series of one-on-one individual coaching sessions to set individual goals and support people and the teams’ “on the job” applications.

Exposure to different and diverse learning modalities

We designed a range of immersive microlearning bots by providing regular, consistent, linked, multimedia learning options and a constantly changing range of different and diverse learning modalities.

Focusing on:

providing an informative and targeted reading list and set of website links,
setting a series of coordinated thought leading webinars, videos, podcasts, and magazine articles aligned to deliver the desired learning outcomes,
outlining fortnightly targeted team application and reinforcement tasks,
helping the team to collaborate and set and communicate their passionate purpose, story, and key outputs to the organization to build their credibility and self-efficacy,
designing bespoke culture change initiatives that the innovation team could catalyse across the organization to shift mindsets and behaviors to make innovation a habit for everyone, every day.

Collectively contributing to the good of the whole

Co-creating future-fit organizations require creativity, compassion, and courage to co-create the space and freedom to discuss mistakes, ask questions, and experiment with new ideas. To catalyse change and help shift the workplace culture as well as crowdsource possibilities through open innovation.

In ways, that are truly collaborative, and energize, catalyze, harness, and mobilize people’s and customers’ collective genius, in ways that are appreciated and cherished by all. To ultimately collectively co-create a future-fit organization that contributes to an improved future, for customers, stakeholders, leaders, teams, organizations as well as for the good of the whole.

This is the final blog in a series of three about catalyzing change through innovation teams, why innovation teams are important in catalyzing culture change, and what an innovation team does, and how they collectively contribute toward co-creating the future-fit organization.

Find out about our learning products and tools, including The Coach for Innovators Certified Program, a collaborative, intimate, and deep personalized innovation coaching and learning program, supported by a global group of peers over 8-weeks, starting Tuesday, October 19, 2021.

It is a blended and transformational change and learning program that will give you a deep understanding of the language, principles, and applications of a human-centred approach and emergent structure (Theory U) to innovation, within your unique context. Find out more

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Digital Consulting Jobs at HCL – August 2021

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Change Management, Recruiting, Training and Development Jobs

As many of you already know, recently I joined HCL Digital Consulting to help clients with Customer Experience (CX) Strategy, Organizational Change & Transformation, Futurism & Foresight, and Innovation.

Our group is growing and there are four new job postings at HCL Digital Consulting in our Organizational Agility group that I’d like to share with you:

Click the links to apply on LinkedIn, or if we know each other, feel free to contact me and I might be able to do an employee referral.

And as always, be sure and sign-up for my newsletter to stay in touch!

p.s. Be sure and check out my latest article on the HCL Blog

Accelerate your change and transformation success

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Teaming Up to Drive Customer Experience, Change and Innovation Success

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I have exciting news to share and I can finally reveal all the details.

I am teaming up with the HCL Digital Consulting practice to help clients design compelling experiences, organizational agility, and innovation capabilities at the front end of their digital transformations.

HCL’s Digital Consulting practice brings together decades of deep technology expertise with best in class consulting services that are global, outcome based, and people-focused. Our mission is to drive both transformation and continuous improvement, and to do it all at scale. We work as a partner alongside our clients to align technology needs with business goals — from strategy to execution — to deliver solutions that are:

Visionary — find what’s possible with strategic future focus

Pragmatic — actionable solutions right-sized

Empathetic — human-centered and business-minded approach

Enabling — trusted advisors who work with you

If you’re looking to beat the 84% Digital Transformation failure rate then we should definitely talk – wherever you might be in the world.

Contact me here if you’d like to start a conversation about customer experience (CX), organizational change, innovation or digital transformation!

In the meantime be sure and download my free success guide on “Riding the Data Wave to Digital Disruption.”

Riding the Data Wave to Digital Disruption

In our digital age, all companies must change how they think, how they interact with customers, partners, and suppliers, and how their business works on the inside. Customer, partner, and supplier expectations have changed, and a gap is opening between what they expect from their interaction with companies and what those companies are currently able to deliver. Companies must immediately work to close this expectation gap, or their entire business is at risk.

This success guide provides questions and frameworks for companies to use to plan and execute successful a Digital Transformation.

Click for free access to the “Riding the Data Wave to Digital Disruption” success guide

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Innovative Strategies for Disrupting Traditional Industries

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Innovative Strategies for Disrupting Traditional Industries

GUEST POST from Art Inteligencia

There’s a buzzing chorus reverberating across industries, from tech realms to manufacturing hubs: “Innovate or perish.” More firms, innovators and thought leaders are challenging traditional business operations to tap into a world of possibilities. The catalyst? Innovative strategies. These tactics have the capacity to disrupt existing industries and birth new paradicms. Today, we’ll examine some of these game-changing strategies with an analytical lens, focusing on two case studies to drive the point home.

1. Systemic Innovation with a Human-Centric Approach

Emphasizing systemic innovation means understanding that an industry’s fundamental frameworks and processes aren’t exclusive compartments but interconnected systems. Today’s innovators are levering this invision and merging it with a focus on enhancing human experiences – customers, communities, and the workforce.

Case Study: Airbnb

Consider Airbnb, which flawlessly implemented this strategy to disrupt the global accommodation industry. Airbnb realized that the essence of travel was not just in accommodation but an enriching, personalized experience. It redefined the customer experience by leveraging underutilized resources—vacant rooms and homes, allowing homeowners to become service providers. The travel industry: disrupted – the user experience: elevated.

2. Harnessing Advanced Technologies for New Value Propositions

Advanced technologies have wired us into a new era of business. They are powerful tools offering novel ways to deliver value. Beyond product improvements, they offer newer models of business, partnerships, and customer engagements.

Case Study: Tesla

The automotive industry is a poster child for such disruption, with Tesla, Inc. at the forefront. Tesla harnessed advanced battery technologies and stepped outside the internal combustion engine’s boundaries. Tesla’s innovation didn’t stop at product; it extended to challenge traditional dealership models by selling directly to the customer, thus fostering a closer customer relationship. Additionally, they leveraged software to provide continuous improvements via over-the-air updates, turning their cars into upgradable software platforms.

3. Embracing Strategic Alliances, Collaborations and Open Innovation

Innovative corporate strategies no longer limit companies to go about their innovative journey alone. Strategic alliances, collaborations or open innovation are reshaping products, services and the nature of competition itself.

Case Study: Microsoft and Linux

In the IT world, an example of profound disruption is Microsoft’s admission into the Linux Foundation. Once fierce competitors, Microsoft realized the power of Linux’s open-source software and adapted an open innovation strategy that embraced collaboration over competition. The unexpected alliance shook the industry and spurred Microsoft’s evolution.

Conclusion

These case studies are simply enlightening tips of the disruptive iceberg. Innovative strategies are not about obsoleting traditional models. Instead, they’re about deconstructing, questioning, and re-imagining traditional systems to create new pockets of value. From a holistic perspective, our mandate as business leaders should not just be to ride the wave of industry disruption, but to seek, facilitate, and manage these waves of transformation.

Adopting innovative strategies may not be optional anymore, but the exciting reality is the capacity for every organization to become a change-maker, a disrupter, and a leader in its own right. You might just be a game-changing strategy away from rewriting the rules of your industry.

Bottom line: Futurology is not fortune telling. Futurists use a scientific approach to create their deliverables, but a methodology and tools like those in FutureHacking™ can empower anyone to engage in futurology themselves.

Image credit: misterinnovation.com

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How to Build a Change Leadership Strategy for Success

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How to Build a Change Leadership Strategy for Success

GUEST POST from Art Inteligencia

In the ever-evolving landscape of business, change is not just inevitable; it’s essential. As a thought leader, drawing upon the wisdom of innovation experts like Braden Kelley, we understand that the core of successful change leadership lies in the ability to not only anticipate change but to architect it in a way that ensures the organization’s continued growth and success.

Embracing Innovation and Value Creation

Braden Kelley emphasizes innovation and value creation as the pillars of change leadership⁶. This approach requires leaders to foster an environment where innovation thrives and where the value is continuously delivered to customers and stakeholders alike.

Case Study 1: Starbucks’ Agile Transformation

Starbucks, a global coffee giant, faced a significant challenge in the late 2000s. Rapid expansion led to a dilution of their core values and a decline in customer satisfaction. The need for change was clear, and the leadership took charge with a comprehensive change management strategy¹.

Strategy Implementation:

Streamlining operations to reduce costs and increase efficiency.
Refocusing on the core business of high-quality coffee and related products.
Enhancing customer service to boost satisfaction and loyalty.

Results:
The implementation of these strategic changes led to a resurgence in Starbucks’ market position, with improved customer retention and a stronger brand reputation.

Case Study 2: Digital Transformation in Finance

A mid-sized financial institution, faced with outdated systems, embarked on a digital transformation journey. Resistance was natural due to the perceived disruption and costs. However, the leadership presented a compelling case for change¹.

Strategy Implementation:

A phased implementation plan to minimize disruption.
A five-year financial model projecting significant cost savings and customer acquisition growth.

Results:
The digital transformation led to operational efficiencies, cost savings, and a surge in customer satisfaction, positioning the company for future success.

Conclusion: The Path to Change Leadership Success

The journey of change leadership is complex and multifaceted. It requires a clear vision, empirical data to support decisions, and a narrative that resonates with all stakeholders. By learning from the successes and challenges of organizations like Starbucks, leaders can craft a change leadership strategy that not only navigates the complexities of transformation but also paves the way for innovation and sustained success.

In the spirit of Braden Kelley, who advocates for a human-centered approach to change and innovation, we must view change not as a hurdle but as a gateway to innovation and sustained success. By focusing on real-world applications and value creation, we can guide organizations through the transformative processes necessary for enduring success⁶⁷⁸.
It’s about evolving to meet the demands of a dynamic business environment and ensuring that change leadership is not just about managing change, but about leading it.

References:
(1) Building a Business Case for Change Management. https://bradenkelley.com/2021/04/building-a-business-case-for-change-management/.
(2) Starbucks Change Management Case Study – CMI. https://changemanagementinsight.com/starbucks-change-management-case-study/.
(3) Stoking the fire for innovation excellence: an interview with Braden Kelley. https://www.thedigitaltransformationpeople.com/channels/strategy-and-innovation/stoking-the-fire-for-innovation-excellence-an-interview-with-braden-kelley/.
(4) Braden Kelley | Human-Centered Change and Innovation. https://bradenkelley.com/author/braden-kelley/.
(5) Change Management: Articles, Research, & Case Studies on Change …. https://hbswk.hbs.edu/Pages/browse.aspx?HBSTopic=Change%20Management.
(6) Leading Change: Articles, Research, & Case Studies on Leading Change …. https://hbswk.hbs.edu/Pages/browse.aspx?HBSTopic=Leading%20Change.
(7) Five Case Studies of Transformation Excellence – Boston Consulting Group. https://www.bcg.com/publications/2014/transformation-change-management-five-case-studies-transformation-excellence.
(8) Transformational Change with Case Studies | CIPD. https://www.cipd.org/uk/knowledge/reports/change-theory-practice-report/.
(9) Braden Kelley – Medium. https://changes.medium.com/.
(10) Braden Kelley – Human-Centered Change and Innovation. https://bradenkelley.com/.

Image credit: Pixabay

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Fostering a Culture of Design Thinking

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Strategies for Business Leaders

Fostering a Culture of Design Thinking

GUEST POST from Art Inteligencia

In today’s fast-paced and ever-changing business landscape, it is essential for leaders to foster a culture of design thinking within their organizations. Design thinking is a problem-solving approach that places the user at the center of the process, with a focus on empathy, collaboration, and experimentation. By embracing design thinking, businesses can create innovative solutions that truly meet the needs of their customers, drive growth, and stay ahead of the competition.

To successfully foster a culture of design thinking within an organization, business leaders must first understand the key principles and strategies that underpin this approach. This includes encouraging a mindset of curiosity and experimentation, promoting cross-functional collaboration, and creating a safe space for employees to explore new ideas and take risks. Leaders must also lead by example, embodying the principles of design thinking in their own decision-making and problem-solving processes.

Case Study 1: Airbnb

One company that has successfully embraced design thinking is Airbnb. By focusing on the needs and experiences of their users, Airbnb has been able to revolutionize the way people travel and find accommodation. Through a user-centered design process, Airbnb has been able to create a platform that is intuitive, accessible, and personalized, leading to a loyal customer base and continued success in the competitive travel industry.

Case Study 2: Nike

Another company that has made design thinking a central part of its culture is Nike. Nike has a long history of innovation and design, with a strong focus on understanding the needs and desires of their customers. By incorporating design thinking into their product development process, Nike has been able to create cutting-edge athletic wear and footwear that not only meets the functional needs of athletes but also resonates with their sense of style and identity. This approach has helped Nike stay at the forefront of the sports industry and maintain its position as a leading global brand.

Conclusion

Fostering a culture of design thinking is essential for businesses looking to drive innovation, engage customers, and stay competitive in today’s rapidly changing market. By embracing the principles of design thinking and creating a supportive environment for experimentation and collaboration, business leaders can unlock new opportunities for growth and success. By following the example of companies like Airbnb and Nike, organizations can create products and services that truly resonate with their customers and deliver lasting value.

Bottom line: Futurists are not fortune tellers. They use a formal approach to achieve their outcomes, but a methodology and tools like those in FutureHacking™ can empower anyone to be their own futurist.

Image credit: Pixabay

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Creating an Innovation Strategy that Works for Your Organization

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Creating an Innovation Strategy that Works for Your Organization

GUEST POST from Art Inteligencia

In today’s fast-paced and ever-changing business landscape, organizations must continually innovate to stay competitive. However, developing a successful innovation strategy requires careful planning and execution. It involves more than just having a creative vision; it requires aligning innovation efforts with organizational goals and ensuring a conducive environment for fostering innovative ideas. In this article, we will explore two successful case studies that exemplify the effective implementation of innovation strategies.

Case Study 1: Google’s 20% Time

Google, one of the world’s most innovative companies, has a renowned innovation strategy known as “20% Time.” In this strategy, Google allows its employees to spend 20% of their work time on projects they are passionate about, even if these projects are not directly related to their job responsibilities. This initiative has given birth to some of Google’s most successful products, including Gmail and Google Maps.

The 20% Time strategy showcases how empowering employees to pursue their own ideas can lead to breakthrough innovations. It encourages a culture of experimentation and risk-taking, fostering an environment where innovation thrives. By enabling individuals to work on personal projects, Google taps into the collective intelligence of its employees and unlocks their creative potential. This strategy has not only yielded successful products but also boosted morale, engagement, and retention.

Key takeaways from Google’s 20% Time strategy include:

1. Encourage autonomy: Provide employees with the freedom to explore their own ideas within a specified time-frame. This autonomy fuels their motivation and allows them to contribute their unique perspectives.

2. Communicate purpose: Ensure employees understand the purpose behind the 20% Time initiative. By aligning personal interests with organizational goals, individuals are more likely to pursue projects that have meaningful impact.

Case Study 2: 3M’s Post-it Notes

3M, a multinational manufacturing company, is widely recognized for its culture of innovation. Its most famous innovation is the humble Post-it Note, which was created by accident. In the 1970s, 3M engineer Spencer Silver was attempting to develop a strong adhesive but ended up discovering a weak one instead. The company recognized the potential opportunities in this “failed” experiment and encouraged employees to find practical applications for this adhesive.

Art Fry, another 3M employee, envisioned a reusable bookmark that could stick to paper without damaging it. This led to the birth of Post-it Notes. 3M’s innovation strategy, which emphasizes serendipity and supporting employees’ lateral thinking, played a pivotal role in the creation of this iconic product.

Key takeaways from 3M’s approach to innovation include:

1. Embrace spontaneous ideas: Give employees the flexibility to experiment and pursue unconventional ideas. Sometimes, the least expected developments can lead to game-changing innovations.

2. Nurture a supportive culture: Create an organizational culture that values and rewards innovative ideas. When employees feel supported and encouraged, they are more likely to explore alternative solutions without fear of failure.

Conclusion

Creating an innovation strategy that works for your organization involves providing the right environment, empowering employees, and encouraging creativity. The case studies of Google’s 20% Time and 3M’s Post-it Notes demonstrate the power of these strategies in driving successful innovation. By fostering an innovation-focused culture and enabling individuals to pursue their ideas, organizations can unleash their full potential and stay ahead in today’s dynamic business landscape.

Image credit: Pixabay

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Why Your Digital Transformation May Be Doomed to Fail

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Why Your Digital Transformation May Be Doomed to Fail

Digital Transformation, like Innovation, has become an overused buzzword that is losing its meaning. Whoever created the Wikipedia page for Digital Transformation defines it this way:

“Digital Transformation (DT or DX) is the adoption of digital technology to transform services or businesses, through replacing non-digital or manual processes with digital processes or replacing older digital technology with newer digital technology. Digital solutions may enable – in addition to efficiency via automation – new types of innovation and creativity, rather than simply enhancing and supporting traditional methods.” — Wikipedia

This definition is too focused on technology as the source of the transformation instead of the transformation being driven by the needs of customers and employees. In my view, technology should always be seen simply as a tool to help achieve the desired human-centered transformation.

Too often the SaaS and Cloud vendors co-opt the true practice of digital transformation by trying to claim that a shifting from on-premise software to Software-as-a-Service (SaaS) is somehow a digital transformation or that going to the Cloud is the secret to everything that troubles your organization.

None of this of course is true in and of itself.

This definition of digital transformation from EnterprisersProject is a bit closer to the truth:

“Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure.”

But, even this definition doesn’t go far enough…

Number One Reason Your Digital Transformation May Be Doomed to Fail

The primary reason your digital transformation will fail or take much longer than you expect, or possibly even than you can fund, is the failure of the organization to put the customer and the employee at the center of its data model and to be able to construct a fully-linked and coherent picture of every customer and employee’s body of interactions/transactions/experiences across the enterprise.

When you lack this ‘single source of truth’ and this ability to connect everything together, you greatly increase the chances that your well-intentioned digital transformation will fail or will be abandoned when you run out money.

Defining What Successful Digital Transformations Look and Sound Like

Successful digital transformations are human-centered transformations empowered and accelerated by the proper use of technology in support of the desired experiences and outcomes. You can’t have a human-centered transformation without a human-centered data model. You also can’t have a human-centered transformation without a holistic understand of what information customers and employees are looking for, what information you have, what they want to do using your digital infrastructure, what they can do with your digital infrastructure, and where the gaps are.

One of the many tools in the Change Planning Toolkit™ is a series of worksheets that help you explore these foundational questions for a successful human-centered digital transformation.

While you can improve the organization through a judicious use of technology in absence of a consciously designed human-centered data model, you cannot digitally transform the organization without doing this difficult work.

The disruption that many startups attempt against the incumbents is achieved because they start with a human-centered data model. Their approach leverages technology where appropriate to add value and remove friction from the human-centered design of their customer experience instead of trying to force customers to use new and often disparate technology experiences. It is a subtle but important distinction. We must be careful not to let the servant become the master.

So, what is driving your digital transformation?

Do you need help creating a human-centered design?

If so, contact me.

Image credit: Pixabay

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Effective Collaboration Strategies for Startups and Small Businesses

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Effective Collaboration Strategies for Startups and Small Businesses

GUEST POST from Chateau G Pato

Collaboration is a key component of success for startups and small businesses. By working together, teams can achieve greater results and overcome challenges more efficiently. However, collaboration is not always easy to achieve. It requires good communication, trust, and a shared vision. In this article, we will explore some effective collaboration strategies for startups and small businesses, as well as two case studies of successful collaborations.

1. Clear Communication: One of the most important aspects of effective collaboration is clear communication. Teams must be able to communicate their ideas, goals, and concerns openly and honestly. This can help avoid misunderstandings and ensure that everyone is on the same page. Regular team meetings, emails, and project management tools can all help facilitate clear communication within a team.

Case Study 1: Startup A is a small software development company that specializes in creating mobile apps. The team at Startup A struggled with communication, which led to missed deadlines and low morale among team members. To address this issue, the team implemented a daily stand-up meeting where everyone would share their progress, challenges, and goals for the day. This simple change in communication helped the team stay on track and build stronger relationships with each other.

2. Build Trust: Trust is another crucial element of effective collaboration. Team members must trust each other to do their work effectively and have each other’s backs when things get tough. Building trust can take time, but it is essential for a team to function well. Encouraging transparency, respecting each other’s opinions, and celebrating successes together can all help foster trust within a team.

Case Study 2: Small Business B is a marketing agency that works with various clients to create marketing campaigns. The team at Small Business B struggled with trust issues, as team members were often working in silos and not sharing their work with each other. To address this issue, the team implemented a project management tool where all team members could track their progress, share files, and communicate with each other. This improved transparency and collaboration within the team, leading to more successful campaigns and happier clients.

Conclusion: Effective collaboration is essential for startups and small businesses to succeed. By implementing clear communication strategies and building trust within a team, businesses can achieve greater results and overcome challenges more efficiently. The case studies of Startup A and Small Business B demonstrate the positive impact that effective collaboration can have on a team’s success. By prioritizing collaboration, startups and small businesses can create a strong foundation for growth and innovation.

Image credit: misterinnovation.com

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