User-Based Free Innovation

Irving Wladawsky-Berger

Free innovation is a tightly constrained subset of commons-based peer production , - also known as open, collaborative innovation. In contrast, while free innovation has potentially important economic impacts, it’s fundamentally not about money.

Honest Conversations - The Key to a Winning Transformational Strategy

Irving Wladawsky-Berger

“Nearly every organization - whether private, social, or governmental - is grappling with huge strategic challenges, often with a need to reimagine its very purpose, identity, strategy, business model, and structure,” writes Harvard emeritus professor Michael Beer in his recently published book Fit for Competition. “Most of these efforts to transform will fail. Do we have the capabilities to execute the strategy?

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The Current State of Open Innovation

Irving Wladawsky-Berger

In January, UC Berkeley professor Henry Chesbrough published Open Innovation Results : Going Beyond the Hype and Getting Down to Business, his fourth book on innovation in the last two decades. Chesbrough is adjunct professor and faculty director of the Garwood Center for Corporate Innovation at UC Berkeley’s Haas School of Business. He’s credited with coining the term open innovation in his 2003 book of the same title. Business model innovation.

Principles for Managing Strategy and Innovation

Irving Wladawsky-Berger

When technology and market environments go through major changes, as is certainly the case today, previously successful business strategies will no longer work, no matter how much you try to fix them. These questions are the subject of MIT Professor Michael Cusumano’s recent book Staying Power: Six Enduring Principles for Managing Strategy and Innovation in an Uncertain World. The book was named one of the best business books on strategy in 2011 by strategy+business magazine.

Scenario Planning - Formulating Strategy in the Face of High Uncertainty

Irving Wladawsky-Berger

“How can we formulate strategy in the face of uncertainty?,” Identify assumptions, drivers, and uncertainties. “Explicitly articulate the assumptions in your current strategy and what future you expect will result from its implementation… and focus on determining which assumptions it would be helpful to revisit.”. Implement those strategies. “This may sound obvious, but it is the place where most companies fall down.

Global Trends and Business Strategy

Irving Wladawsky-Berger

T he article reminds us that the trend is your friend is an old adage that applies to business strategy as well as to investing. The ability to anticipate where your industry is moving and to begin to reposition your company ahead of competitors is one of the most important elements of business strategy. Digital technologies, and innovative products and services specifically aimed at these markets will play a central role in their development.

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The Challenges of Executing a Transformational Strategy

Irving Wladawsky-Berger

This year’s Symposium will be focused on the challenges of executing a digital transformation strategy. It’s no longer enough to have formulated a digital strategy for the business. Why do so many organizations struggle to implement their well formulated strategies, especially transformational strategies like the transition to digital, that encompass new technologies, business models and management practices? The 2018 MIT CIO Symposium will take place on May 23.

Open Innovation 2.0

Irving Wladawsky-Berger

I recently read Twelve Principles for Open Innovation 2.0 , an article published last year in Nature by Martin Curley. Curley, - who’s long been involved with innovation in both his business and academic positions, - nicely summarized its evolution over the past several decades, first from closed to open innovation, and now to what he calls open innovation 2.0. Let me discuss each of these phases of innovation. Closed Innovation. Open Innovation.

From “Buy What We Have” to “Connected Customer Strategies”

Irving Wladawsky-Berger

It’s a win-win: Through what we call connected strategies, customers get a dramatically improved experience, and companies boost operational efficiencies and lower costs.”. The article proposes four connected strategies to help develop a continued relationship between a company and its customers: respond to desire, curated offering, coach behavior, and automatic execution. Let me summarize the key elements of each of these strategies.

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Disruptive Innovation Revisited

Irving Wladawsky-Berger

The recent New Yorker article, - The Disruption Machine: What the gospel of innovation gets wrong , - by Harvard history professor Jill Lepore , has led to a flurry of opinions on disruptive innovation. The New Yorker described the article as “Rethinking the innovation craze.” Others called it an “absolutely devastating takedown of disruptive innovation,” a concept that Lepore said is a “competitive strategy for an age seized by terror.”

Disruptive Innovation

Clark Quinn

I recently came across a document (PDF) about disruptive innovation based upon Clayton Christensen’s models, which I’d heard about but hadn’t really penetrated. This one was presented around higher education innovation (a topic I’ve some familiarity with ;), so it provided a good basis for me to explore the story. The model’s premise is that disruption requires two major things: a technology enabler and a business model innovation.

Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns. In a 2009 paper, The Burden of Knowledge and the ‘Death of the Renaissance Man’: Is Innovation Getting Harder? Innovators can compensate for this increasing knowledge burden in two key ways.

The Building Block Approach to Content Strategy

Xyleme

“Organizations must be willing to challenge the status quo and reexamine their existing content strategy, processes and tools to stay ahead of the curve,” says Xyleme Chief Operating Officer Leslie Farinella. Leslie Farinella has more than 15 years of experience as a training strategy and design consultant, working with such organizations as GE, Citigroup, Johnson & Johnson, and Nielsen. Bringing Reuse & Flexibility to Enterprise. Content Management.

Culture Before Strategy

Clark Quinn

In an insightful article, Ken Majer (full disclosure, a boss of mine many years ago) has written about the need to have the right culture before executing strategy. I think the optimal execution stuff will benefit, but the ability to truly tap into the network for the continual innovation requires making it safe and meaningful to share. social strategy

Competencies and Innovation?

Clark Quinn

I believe that we want to find ways to support organizations moving in the direction of innovation and learning cultures. Let me make the case for competencies and innovation. This included (in addition the more traditional activities) looking at how to foster innovation. It’s about being prepared for both types of innovation, fast (solve ‘this’ problem) and slow (the steady percolation of ideas). The post Competencies and Innovation?

Disruptive Innovation Revisited

Irving Wladawsky-Berger

Disruptive innovation was first introduced by Harvard Business School professor Clayton Christensen in a 1995 Harvard Business Review (HBR) paper co-written with Joseph Bower. The concept was further elaborated and popularized in Christensen’s 1997 bestseller The Innovator's Dilemma , and in the articles and books he’s written or co-authored since then. 20 years after its introduction, Christensen has revisited his original concept in What is Disruptive Innovation? ,

Starting Strategy

Clark Quinn

Social really comes to it’s fore for organizations depending on continual innovation: perhaps consumer products, or other organizations focused on customer experience, as well as in highly competitive areas. social strategy If you’re going to move towards the performance ecosystem, a technology-enabled workplace, where do you start? Partly it depends on where you’re at, as well as where you’re going, but it also likely depends on what type of org you are.

Platforms and the New Rules of Strategy

Irving Wladawsky-Berger

I would now like to discuss another excellent talk at the same conference, - How Platforms Change Strategy by Boston University professor Marshall Van Alstyne , also based on a recently published book, Platform Revolution: How Networked Markets are Transforming the Economy and How to Make Them Work for You , co-authored with Geoffrey Parker and Sanjeet Choudary. Is it likely all 7 incumbents had failed strategies, run by clueless management, lacking execution capabilities?,”

Some Thoughts on the Development of Implementable, Winning Strategies

Irving Wladawsky-Berger

I recently read an article by strategy consultant and writer Ken Favaro which nicely explained how to best think about strategy in today’s business environment. Many business leaders subscribe to the classic definition of strategy as a set of actions designed to achieve an overall aim,” wrote Favaro in The Trouble with Putting Goals Ahead of Strategy , published in strategy+business in 2015. “In other words, they believe strategy starts with a goal.

Innovation and National Security in the 21st Century

Irving Wladawsky-Berger

“Countries that can harness the current wave of innovation, mitigate its potential disruptions, and capitalize on its transformative power will gain economic and military advantages over potential rivals,” was the top finding of the Innovation and National Security Task Force which was commissioned by the Council of Foreign Relations (CFR) to assess the current state of US technological innovation. US decades-old leadership in innovation and R&D is now at risk.

Serverless Computing - An Innovative Approach to Software Development

Irving Wladawsky-Berger

I was reminded of Siegele’s decade-old article when recently learning about another, relatively new, IT innovation, - serverless computing , - a name that connotes the increasingly disembodied nature of computing. Cloud is now an integral part of a company’s IT strategy, grounded in the day-to-day nuts and bolts of implementing change. Cloud Computing Innovation Services Innovation Technology and Strategy

Fostering an Innovation Culture: Talent, Discipline and Leadership

Irving Wladawsky-Berger

Innovation has been a hot topic for the past few decades. Companies all over the world have integrated innovation into their overall strategies and marketing campaigns. Nations and regions have launched innovation initiatives in an attempt to attract such companies and their accompanying well-paying jobs. But, as I have learned over my long career , managing innovation initiatives is actually quite hard, much harder than it may at first appear.

The MIT Inclusive Innovation Competition

Irving Wladawsky-Berger

As i ts website explains: “While digital technologies are rapidly transforming both business practices and societies and are integral to the innovation-driven economies of the future, they are also the core driver of the great economic paradox of our time. How can we accelerate the transformation of institutions, organizations, and human skills to keep up with the quickening pace of digital innovation?

Thoughts on strategy from Training 19

Clark Quinn

So last week I was the strategy track coach for the Training 19 conference. That meant that I picked the sessions from a list of those who put their session proposals up for ‘strategy’, and could choose to open and/or close the track. And there were thoughts on strategy from the sessions and the attendees that are worth sharing. Finally, Alex Kinnebrew pushed for finding stakeholder voices as a complement to data in making strategy. design strategy

Facilitating Innovation

Clark Quinn

While there are resources about learning design, performance support design, social networking, and more, there’s less guidance about facilitating innovation. So, first, what are the elements of innovation? Well, whether you listen to Stephen Berlin Johnson on the story of innovation , or Keith Sawyer on ways to foster innovation , you’ll see that innovation isn’t individual. design social strategy

Embracing Disruptive Innovations: Organizational Challenges

Irving Wladawsky-Berger

I was asked to talk about the organizational challenges that companies generally face when embracing disruptive innovations like those being developed by ID3. Given that I had 15 minutes for my introductory remarks, I distilled them into three key points: the need for a clear, compelling strategy that the whole organization can rally around; the management of disruptive innovation initiatives; and the importance of top-down leadership and support.

The Challenges of Executing a Transformational Strategy

Irving Wladawsky-Berger

This year’s Symposium will be focused on the challenges of executing a digital transformation strategy. It’s no longer enough to have formulated a digital strategy for the business. Why do so many organizations struggle to implement their well formulated strategies, especially transformational strategies like the transition to digital, that encompass new technologies, business models and management practices? The 2018 MIT CIO Symposium will take place on May 23.

Organizational Innovation

Irving Wladawsky-Berger

Almost seventy years ago, Austrian economist Joseph Schumpeter popularized the term creative destruction to describe the process of transformation that accompanies disruptive innovation. In Schumpeter's vision of capitalism, innovative entry by entrepreneurs was the force that sustained long-term economic growth, even as it destroyed the value of established companies that enjoyed some degree of monopoly power.

Disruptive Innovations and Large Companies

Irving Wladawsky-Berger

The subject of my seminar was Managing Technology-based Disruptive Innovations. Given my long career at IBM, as well as my more recent involvement with Citi, it is not surprising that I am particularly interested in entrepreneurship and innovation in large companies. Its lead article defined the term as: “somebody who offers an innovative solution to a (frequently unrecognised) problem. Startups are generally organized around one central innovation.

Market-facing Innovation Labs

Irving Wladawsky-Berger

But, they are being reincarnated in our 21st century information economy as market-facing innovation labs, with significantly different and broader scopes than those of the original industrial economy research labs. Since we did not have a good understanding of what it was that they actually did, let alone what their problems were, we could not tell them how our innovative ideas could be of help to them in their work.

The 2016 MIT Inclusive Innovation Awards

Irving Wladawsky-Berger

Several months ago, MIT’s Initiative on the Digital Economy launched its first annual Inclusive Innovation Competition (IIC). Instead of competing on creating the most advanced technologies or compelling startups, the IIC is focused on innovations aimed at improving the economic opportunities of middle- and low-income earners around the world. Let me close by explaining why I feel particularly proud to be associated with the Inclusive Innovation Competition.

Strategy Made Simple - The 3 Core Strategy Questions

John Hagel

We’re tempted to abandon long-term strategy and fall back on rapid adaptation as the only winning game – sense and respond quickly enough to events as they occur and everything will be OK.  But adaptation as a strategy is fraught with risk. The option is to focus more than ever on three core strategy questions that can help provide us with focus and stability even as the turbulence increases around us – and help us to prioritize where we need to respond and where we don’t.

The “Recombinant” Nature of Digital Innovations

Irving Wladawsky-Berger

Customer self-service is an excellent example of recombinant innovations , which UC Davis professor Andrew Hargadon defines as innovations that “rather than chasing whole new ideas, [are] focused on recombining old ideas in new ways.” The basic premise behind these kinds of innovations is the search for breakthrough ideas that might lead to the creation of new products, markets and industries based on novel combinations of existing technologies .

The Blockchain and Open Innovation

Irving Wladawsky-Berger

Transformational innovations don’t always play out as originally envisioned. In addition to developing standards and organizing promotional activities, these various organization make available open source implementations of their software releases, thus encouraging collaborative, open innovation. It’s too early to know if the blockchain will become another major transformational innovation. Once in the marketplace, they seem to acquire a life of their own.

Revolutionary, Ordinary Innovation

Irving Wladawsky-Berger

While the Square technology is very cool indeed, Davidoff’s key point is the ordinary nature of the innovation in question. The deal not only has the potential to change the way people pay for coffee and everything else, it also shows how small innovation applied to everyday tasks may be the next new thing for venture capital. Call it the rise of the ordinary innovators. Such major lab-based disruptive technologies are at one end of the innovation spectrum.

The Impact of AI on R&D and Innovation

Irving Wladawsky-Berger

For the past couple of centuries, general-purpose technologies (GPTs) have been the key drivers of productivity and economic growth, - thanks to their rapid improvements in price and performance, pervasive applications, and ability to spur complementary innovations across a wide variety of industries. Beyond innovations in existing sectors, the rapidly improving price/performance of GPTs have led over time to the creation of whole new applications and industries.

Are Innovation and R&D Yielding Decreasing Returns?

Irving Wladawsky-Berger

Given the pace of technological change, we tend to think of our age as the most innovative ever. These innovations, first developed in the late 19th and early 20th century, have long been transforming the lives of billions. Innovation may be hitting a wall of diminishing returns. In a 2009 paper, The Burden of Knowledge and the ‘Death of the Renaissance Man’: Is Innovation Getting Harder? Innovators can compensate for this increasing knowledge burden in two key ways.

The Limits of Strategy

Irving Wladawsky-Berger

When I look back upon my long career , one of the major factors shaping my views of business, strategy and innovation is the creative destruction that I saw buffeting the IT industry over most of that time. Is it that in spite of all their efforts in strategy formulation, their management was unable to anticipate them and were caught by surprise? In subsequent years, I was invited to come to their meetings and discuss strategies I was working on from time to time.

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Only one company in six viewed cloud as a way of fostering business innovation. But, for many companies, the use of cloud to foster business innovation and growth remains elusive. Investments need to go into innovation and disruptive business models. Cloud-based innovation is a major part of that evolution.

Innovation Hubs in the Global Digital Economy

Irving Wladawsky-Berger

Disruptive innovations, - like the power looms allegedly smashed by protesting Luddites, - have been displacing human labor for the past two centuries. These periods of creative destruction , - when new technology-based innovations led to painful transitions in once-dominant companies and jobs, - eventually worked themselves out. Over time, these same disruptive innovations rejuvenated the economy, and led to the creation of new industries and jobs.

Innovation as a Journey into the Future

Irving Wladawsky-Berger

I recently read an excellent innovation report, - Strategic Orientations for Innovation: Chile in the 2025 Horizon. The document was developed by Chile’s National Innovation Council for Competitiveness (CNIC) , a public-private organization charged with providing advice to the President of the Republic on policies that will strengthen innovation and competitiveness in the country. This was like no innovation document I’ve read.

Innovation on the cusp: symbiosis

Dave Snowden

Over the last year I’ve been starting sessions with my use of Apex Predator theory to combine Moore’s Crossing the Chasm with Clayton Christensen’s ideas of disruptive innovation and various uses of S-Curves. A lot of innovation is making people aware of the different ways of thinking and this is one successful one. Symbiosis is a strategy for when you have some time, in an impending crisis a different process is needed.

Intervention Design: Overcoming Stiff Resistance to a New, Disruptive Innovation

Irving Wladawsky-Berger

With four articles on the subject, HBR ’s overriding message is that design is no longer just for physical products, being increasingly applied to customer experiences, innovation, business strategy, and complex problem solving. . When first introduced, disruptive innovations are likely encounter stiff resistance, both within one’s own organization and in the marketplace, - otherwise we wouldn’t call them disruptive.