5 > People & organisations
tension between taking risks and minimising
failure as products and services near market.
where the impact on the business can be managed.
The Pentathlon Framework can be used to describe a structured process
that removes the risk of failure as ideas progress through the 'Innovation Funnel'.
where it is most needed
selection and implementation, identifying the business priorities
and ensuring senior management buy-in at an early stage.
The strategy may recommend acquisition, a new supply chain or new skills.
2 > Ideas Generation
to problems and challenges.
prioritisation of ideas
of ideas when incomplete information is available
of ideas to market
to move ideas from conception, through implementation
to market in an environment of high uncertainty.
To be truly innovative an organisation needs to have a culture that encourages innovation.
There are many theories over how this may be achieved and we outline some of the most interesting ideas.
- Organisational structures – aligning to markets is effective provided the strategic business units are given sufficient authority. At a project level autonomous teams can be the best way of progressing radical innovations. Some companies have adopted an ‘innovation manager’ to help drive through change.
- Power structures – a strong relationship between manufacturing and R&D can nurture continuous improvement and break down the walls that seem to develop organically. The risk of poor cross-functional awareness is an ‘over the wall’ mentality where problems are thrown to the ‘other side’ to deal with instead of cooperatively through discussion.
- Symbols – recognising innovation and its contribution to the company through displays in the entrance hall, featuring in advertising, positive internal communication – can all promote pride and confidence.
- Stories – managers that use stories can communicate effectively and enlightening stories are inspirational.
- Routines and rituals – two elements of best practice is promoting new ideas and tolerating mistakes. eg DuPont’s use of the phrase ‘it was a good try’.
- Control systems – while new ideas should be encouraged they need to be managed and there are techniques available to manage this.
Articles Relating to People & Organisations
The Covid-19 crisis has stimulated the adoption of a number of managerial innovations, says Caroline Mattelin-Pierrard. She observes that one innovation - 'the liberated company' - provides opportunities for an organisation to develop greater agility.Read more
"What motivates highly skilled people with closely related daily jobs to contribute to open source hardware projects, in their spare time?" ask researchers J. Piet Hausberg and Sebastian SpaethRead more
The world’s first factory, in Derby, UK has been opened as a museum to celebrate the role of the maker as a driver of innovation.Read more
A game of chess is how Dr Lawrence Dooley describes the strategy that academic principal investigators (PI) have had to develop to ensure funding for discovery science. He discusses how conflicts in different agenda risks stifling blue-sky research prized...Read more
Could coaching provide the support that SME's require to improve their innovation activities? In a pilot 10 SMEs were introduced to strategy and technology management tools developed through research and given coaching on applying these tools to their own...Read more
Like so many meetings, the IfM’s Open Innovation Forum's March workshop, was hastily reconvened into a virtual event due to the coronavirus crisis. Co-organiser Dominic Oughton, discusses some of the learning points.Read more