Learn to be Innovative in 2013

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Eighty-eight percent of companies will innovate in ways that are “totally different than ever before” in the 21st century. December is the time to finalize your 2012 performance review and begin brainstorming on your 2013 goals. Do you have an innovation goal?

One of the most significant strategic challenges for any innovation effort has to do with goals. When executives ask their teams to “be more innovative” it’s often unclear how innovative and what the ultimate goals for innovation should be. Historically, organizations are risk-averse, thus goals for innovation are often set very low or fuzzy, which results in incremental verses disruptive innovation.

Be innovative.

Successful innovation programs include specific goals that are communicated and measured across the organization; plus top talent, processes to support successful execution and alignment with the overall corporate strategy. Most importantly, these elements require a corporate culture and leadership that support innovation.

In Scott Anthony’s HBR article The New Corporate Garage, he talks about “the corporate catalyst”, the individual who catalyzes innovation in the firm. Often times the corporate catalyst swims against the tides and succeeds despite corporate culture, not because of it.

How well does your organizational culture support high levels of collegiality, teamwork, dialogue and debate? One key to delivering both operational excellence and innovation is having networks of formal and informal collaboration. We have seen that innovative solutions often emerge unexpectedly through informal and unplanned interactions between individuals who see problems from different perspectives. Steve Jobs once said, “… but innovation comes from people meeting up in the hallways or calling each other at 10:30 at night with a new idea, or because they realized something that shoots holes in how we’ve been thinking about a problem.” Does your existing work culture and reward system provide opportunities for connections and collaboration or do you ostracize the corporate catalyst?

Do you leverage collective intelligence via Web 2.0 tools to share information, ideas and insights productively? Today’s collaborative technology offers the possibility of making decisions in ways that are very different from the corporate norms of the past. Through these collaborative approaches, more people are able to bring their diverse experiences to bear and provide input on key decisions, yet the decision process can be swift and not bureaucratic.

Most Fortune 500 companies are built to execute a known business model, not to create or explore a new business models. Some companies are creating “innovation incubators” within their organizations, while other companies are moving to a less hierarchical management and integrating entrepreneurial behaviors with their existing capabilities. Do your leaders encourage healthy debate? Allow experiments or pilots and acknowledge that mistakes are part of the innovation journey? Do your leaders support associational thinking- drawing connections among unrelated fields? Top executives understand what’s at stake and are modeling the way to create a paradigm shift in their organization.

What will your company do differently in 2013?

Smart companies understand that they need to focus on creating an innovative, collaborative culture and align their internal structures to support it to be successful in today’s competitive, demanding environment. What are your innovation goals for 2013? What are you going to do to support the corporate catalysts in your organization? How can you treat negative feedback and performance difficulties as learning opportunities? What shift do you see happening in your culture to support innovation? How do you plan to celebrate your innovation success in 2013?

Best wishes for a wonderful holiday season- I look forward to your comments.

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Comments

  1. Hey Lisa, innovation is definitely a note to memorize for the upcoming future. I liked your article because there are very few writers seems to be gunning at the upcoming wave.

    Reply
    • Thanks for your comment Jemma! “Innovation” is the being discussed on all levels, but many are still trying to frame it. I believe that innovative companies will dominate in today’s competitive market!

      Lisa Bonner |
      Reply
      Lisa Bonner
  2. Such a great point about integrating into performance goals & reviews! With so many people blatantly fueled by innovation (vs. traditional experience), the best companies will figure out how to promote and excel from it. Tearing up that red tape over there – thank you!

    Reply
    • Yes! Let’s tear up the red tape and set parameters around innovation! Thanks for your comment Larry.

      Lisa Bonner |
      Reply
      Lisa Bonner
  3. Hey Lisa, great article!

    I think the revolution that will change the way companies innovate will start with the ability to use technology to discover “corporate catalysts” at web scale — wherever they are, whatever credentials they have (or don’t).

    Reply
    • Thanks for your comment Guy! I agree- leveraging technology, such as Knack, to uncover strengths and talent within your organization is a critical piece that many companies are missing. Let’s use gameification to unlock human potential!

      Lisa Bonner |
      Reply
      Lisa Bonner

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