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Vadim Kotelnikov

By: Vadim Kotelnikov

Inventor and Founder

Ten3 Business e-Coach

1000ventures,   1000advices.com

InsBeCo,   Success360

Innovarsity.com,   Fun4Biz.com

 

Managing Innovation by Cross-functional Teams Vision & Strategy for Innovation Top Management Team Leading Innovation Culture Supporting Innovation Empowered Employees Driving Innovation Processes, Practices, and Systems Supporting Innovation People Power Ten3 Business e-Coach at 1000ventures.com Sustainable Innovation Organization The Jazz of Innovation Innovation System Vadim Kotelnikov Inspiring Culture Ten3 Business e-Coach (full version) Innovation-friendly Organization: Vision for Innovation, Culture of Innovation, Innovation Leaders, Innovation Teams, Innovation Process

What It Takes to Manage Innovation

Two Fundamental Views

  1. Innovation, in accordance with the corporate venture strategy, can be nurtured in special and highly creative environments; these environments are most easily created in small companies and corporate spin-outs.

  2. Any company, however big or cumbersome, can itself become more innovative by changing its management structures, systems and practices.

 

Innovation

The Tao of Value Innovation

Strategic Innovation

7 Dimensions of Strategic Innovation

9 Signs of a Losing Organization

29 Obstacles To Innovation

6 Barriers To Creative Thinking and Innovation

10 Ways To Murder Creativity

Innovation-friendly Organization

Entrepreneurial Organization

How To Break Down Barriers To Communication

Intellectual Cross-pollination

Leveraging the Power of Diversity

Managing Innovation by Cross-functional Teams

Organizing for Innovation: Organizational Models that Support Innovation

Guiding Principles To Liberate Employees from the Fear of Trying New Things

Innovative Organization Quotes

Innovation-adept Culture

Inspiring Culture

5 Strategies for Creating a Culture of Questioning

3 Strategies of Market Leaders

Fast Company

Flat Organizational Structure

Google: 10 Golden Rules

Smart Executive

Business Architect

Leading Innovation

Inspirational Leadership: 10 Roles

How To Lead Creative People

25 Lessons from Jack Welch

Case Studies

Charles Schwab: Fast Company

Corning: Managing Radical Innovation Through Internal Start-Ups

Hewlett-Packard: Integrating Critical Opposites

IDEO: New Product Design

Microsoft: Sharing Knowledge

Silicon Valley Firms: Relentless Growth Attitude

Silicon Valley Firms: Attracting People To Opportunities, Challenges, and Growth

 

Innovation the Key to Success

Leaders of successful, high-growth companies understand that innovation is what drives growth, and innovation is achieved by awesome people with a shared relentless growth attitude and shared passion for problem solving and for turning ideas into realities. Companies that continuously innovate will create and re-invent new markets, products, services, and business models which leads to more growth. Innovation is founded on your enterprise's ability to recognize market opportunities, your internal capabilities to respond innovatively, and your knowledge base.

So, the best thing to do to guarantee growth is to build a sustainable innovation organization around the following components:

  1. Vision and strategy for innovation

  2. Culture supporting innovation

  3. Processes, practices and systems supporting the jazz of innovation

  4. Top management team leading innovation

  5. Cross-functional teams mapping innovation road

  6. Empowered employees driving innovation

Building Innovation Into Your Organization

Success depends on both what you do and how you do it. There are specific elements that help you and your company to be more innovative. But it's not a matter of simply following directions. The 'secret formula' is actually not very formulaic. It's  blend of culture, methodologies, infrastructure, and work practices.10

Cross-Functional Teams Leading Innovation

In the new era of systemic innovation, it is more important for an organization to be cross-functionally excellent than functionally excellent.

 

Firms which are successful in realizing the full returns from their technologies and innovations are able to match their technological developments with complementary expertise in other areas of their business, such as manufacturing, distribution, human resources, marketing, and customer relationships.

To lead these expertise development efforts, cross-functional teams, either formal or informal, need to be formed. These teams can also find new businesses in white spaces between existing business units.

Culture and Climate

Culture is the environment that attracts awesome people and enables them to thrive and perform at their best. It needs to be highly participatory, people oriented and attractive to people who share your vision, mission, and values.

Communication must be open, effective and continuous. Everyone must have an opportunity to be involved in planning, decision making, take calculated risks, make mistakes without fear of punishment, and receive fair rewards and recognition for performance.

Establishing the culture of innovation requires a broad and sustained effort. Though changing a company's culture is never easy, with the right leadership, cultures can be reshaped and amazing results can accrue. Establishing an attitude of relentless growth is what enables an organization and its people to achieve their goals. The spirit of relentless growth keeps fresh ideas flowing and reinvigorates your company.

Inspiring Culture: 5 Elements

 Case in Point  Corning

Corning, a Fortune 50 company, is famous for its culture of innovation. The company has a long heritage of inventing new technologies and creating new businesses. It presents an excellent example of harnessing the benefits of the in-company ventures and the business systems approach to new product development and project management. Research, development, and the innovation process are the lifeblood of Corning. It is an integral part of its culture and values-driven tradition. Corning is oriented around innovation, built on constant reinvention  "Discovering Beyond Imagination" is a corporate slogan that embodies literal truth... More

Finding the Right Balance Between Bureaucracy and Chaos

Successful organizations must balance bureaucratic processes at one extreme with the fluid creative chaos of relationships, interests and transactions, which enable it to be innovative and alive, at the other.

SMART INNOVATION (Ten3 Mini-course)