mick's leadership blog ...

"A beginner's mind takes you where you need to go" (traditional Zen saying)

Saturday, February 02, 2008

Innovation is an Inside Job

From the Heart of Innovation weblog, by Mitch Ditkoff.

"These days, almost all of my clients are talking about the need to establish a sustainable culture of innovation. Some, I am happy to report, are actually doing something about it. Hallelujah! They are taking bold steps forward to turn theory into action. My hat is off to all of them -- and sometimes, my head. Nevertheless, the challenge remains the same for them as it does thousands of other forward-thinking companies and that is, to find a simple, authentic way to address the challenge from the inside out -- to water the root of the tree, not just the branches. In other words, to get down to the essential DNA of what drives innovation.

In today's process-driven, OD-centric, Six-Sigma savvy organization, the tendency is to focus on systems as opposed to people -- as if systems were sufficient to guarantee change. Guess what? Systems are not sufficient to guarantee change. In the words of Oliver Wendell Holmes, "Systems die. Instinct remains."


Read the rest of the article ...

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1 Comments:

  • At 4:00 PM, Anonymous John Agno said…

    Does innovation really deliver?

    More than half of the Top 25, with histories as public companies, in BusinessWeek-Boston Consulting Group 2006 senior management survey on innovation scored with better profit margins and higher stock prices over the past decade.

    The innovators achieved median profit margin growth of 3.4% a year since 1995, compared to 0.4% for the median Standard & Poor's Global 1200 company. And the group's median annual stock return of 14.3% was a full three points better than the S&P 1200 median over the decade.

    More than 50% of survey respondents said the CEO or chairman was responsible for driving innovation. Without targeted support from the corner office, innovation efforts will get lost in the corporate culture need to respond to short-term demands.

     

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