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Is an innovation strategy the answer to the demand for renewal? Bengt Järrehult, SCA/LTH No …it is a prerequisite, but it’s not sufficient…

Is an innovation strategy the answer for renewal

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Is an innovation strategy the answer to the demand for renewal?

Bengt Järrehult, SCA/LTH

NoNo

…it is a prerequisite, but it’s not sufficient……it is a prerequisite, but it’s not sufficient…

The ontologies change with time….The winning games change with time….

1980 1990 2000 2010

Known & Ordered

Best practice, SOPs

Sense – Categorize – Respond

Knowable & Complicated

Analytical/Reductionistic

Sense – Analyze – Respond

Unknowable & Complex

Pattern recognition/Experimental

Probe – Sense – Respond

Validity for success

YearInspired by Dr Dave Snowdon Cynefin/IBM, ARK Group Annual Knowledge Management Conference London, 14 Nov 2002

Two types of innovation strategies

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Play both games simultaneously!

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Play both games simultaneously!

Grasping of and

commitment

to Innovation.

Integration of risk-taking and change into the company

culture.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Integration of risk-taking

and change into the

company culture.

Matching the Innovation strategy to the overall Business Strategy.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Integration of risk-taking

and change into the

company culture.

Matching the Innovation strategy to the overall Business Strategy.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Securing a balance between

creativity and value capture for maximized

ROI.

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Integration of risk-taking

and change into the

company culture.

Matching the Innovation strategy to the overall Business Strategy.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Securing a balance between

creativity and value capture for maximized

ROI.

A well

functioning

Innovation

framework,

bringing

insights/idea

s forward.

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Integration of risk-taking

and change into the

company culture.

Matching the Innovation strategy to the overall Business Strategy.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Securing a balance between

creativity and value capture for maximized

ROI.

A well

functioning

Innovation

framework,

bringing

insights/ideas

forward.

Utilization of

Innovation

Networks,

both internal

and external.

Play both games simultaneously!

Grasping of and

commitment to

Innovation.

Integration of risk-taking

and change into the

company culture.

Matching the Innovation strategy to the overall Business Strategy.

Inspired by ”Making Innovation work”, 2006. Davila, Epstein, Shelton

Securing a balance between

creativity and value capture for maximized

ROI.

A well

functioning

Innovation

framework,

bringing

insights/ideas

forward.

Utilization of

Innovation

Networks,

both internal

and external. Protec

tion of

new

initiatives

that are

different

from th

e

norm.

The 5 parts of the Innovation strategy

Why? What?How?

Who?

When?

Why?Why?

The 5 parts of the Innovation strategy

What?Why?

What?How?

Who?

When?

The 5 parts of the Innovation strategy

How?Why?

What?How?

Who?

When?

How much?

The 5 parts of the Innovation strategy

Who?Why?

What?How?

Who?

When?

The 5 parts of the Innovation strategy

When?Why?

What?How?

Who?

When?

Summary- the answer to the demands for renewal

1. Notice the difference in world perception and suitable games

2. Play-Not-To-Lose and Play-To-Win applying both chess and poker

3. Use the 7 World Class Principles of Innovation in your strategy

4. Get all the 5 elements in the Innovation Strategy clarified

5. Do not plan too much – learn by doing it iteratively - NOW