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Five Elements for Effective Innovation
Manage episode 407348438 series 3559614
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On today’s episode, we’re jumping into a teaching topic – about innovation. But before you shake your head or click out of the podcast, I’ll challenge you to stay.
Do you consider yourself an innovation expert? Maybe. But probably not.
Maybe you think concepts like design or systems thinking are boring, over your head, or not something that applies to your daily life. But I promise that if you stay tuned to today’s show, you’ll find out that maybe this topic isn’t as complex or confusing as you think! You’ll also see that you’re doing it, or you’re a part of it, every day.
If you are struggling to change or grow your organization, I encourage you to stay tuned to today’s episode as I share a 5-step framework that I use to help my coaching and consulting clients grow their teams!
As a coach and consultant, I work with many organizational leaders helping them to develop strategies and frameworks to change or grow their organizations.
When we launch a new project, the term “innovation” almost always appears.
Innovation - how many times have you heard it today? We need to innovate. You need to be more innovative. The defense industry needs more innovation… the list goes on and on.
And to an extent, I think, Yes, that's true. As we’ve seen over the past 2 years - every organization should be agile, should remain flexible and be able to adjust or pivot as the world or circumstances and environment cause us to do that. Right, we learned that in real time.
But why does that matter? If we learned anything from the pandemic and recent events across banking, finance, etc., we've learned that agility is critical to organizational success.
No matter where your organization sits on the “innovation highway”, you can employ this concept today in your daily efforts.
Here are the 5-steps:
- Understand the Problem
- Identify Solutions
- Verify Solutions
- Acquire
- Scale
They might not sound super impressive, but I truly believe that if organizational leaders could embrace a simple framework, they can solve almost any problem!
It's not a proprietary process to me, but try it! You might find these tools help you and your teams navigate the challenges you find across your organization!
Innovation Framework References:
- Alissa, M. (2007) The Five Stages of Success Innovation, MIT Sloan Management Review
- Meadows, D. (2008). Thinking in Systems
- Innovation to Impact (i2i) Benchmarking Tool, Boston Consulting Group
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