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H2 Achieve Strategic Innovation? Pitfalls?
Kevin Holloway, Member
Can anyone share experiences of implementing Strategic Innovation in setting a business strategy. Many companies today apply the emergent strategy model, and simply look to improve the bottom line earning over the previous year. How do you change the thinking of your management team to become more innovative in their thinking? And what are the pitfalls / dangers to Strategic Innovation?
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Strategic Innovation (SI)Jeswan Singh The terminology on SI is varied but it all means managing the human capital assets differently to yield results in a challenging business environment. Key drivers of this effort are people effectiveness and leadership styles and passion for results orientation. Often this means changing mindsets of line managers & supervisors, emphasis on leadership by example, recognition of the key drivers to institute change management as a strategy to thrive not just survive. |
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H2 Achieve Strategic InnovationJan van der Torre, Member No innovative strategy before a business strategy. If the company has no strategic view on the business and the future of the company, all models can stay firmly locked up so, first think vision and purpose, then start to develop supporting strategies. This is the time to dust of the models... |
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Change Management Through Innovation and CreativityMehak Vaswani Envisioning the future is neccesary. What do we want to achieve and the ways and means of achieving them is quite essential. Try implementing the learning process management. Unfreezing to inducing change and refreezing the change is essential. Innovation is associated with managing change in the best possible way. |
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