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Article
Publication date: 29 August 2022

Jeanne Liedtka, Adam Billing, Jessica Eldridge, Karen Hold, Brooke Kuhne and El Tong

Like the management of quality in the 1970s, innovation has become everyone’s job and requires the management talents of every function. But the authors’ research…

Abstract

Purpose

Like the management of quality in the 1970s, innovation has become everyone’s job and requires the management talents of every function. But the authors’ research demonstrates that innovation success also requires a complex bundle of diverse and often disparate skills, and finding individuals who possess them is a daunting task. Leaders must learn to diagnose skill deficiencies, develop a portfolio of competencies at both individual and team levels in the organization, and then drive a culture of innovation from the top.

Design/methodology/approach

Leaders must learn to diagnose innovation skill deficiencies, develop a portfolio of competencies at both individual and team levels in the organization, and then drive a culture of innovation from the top. The authors have identified five unique bundles of behaviors that, taken together, comprise an innovation capability.

Findings

The Innovation Mindsets Assessment tool is a questionnaire for assessing 44 behaviors underlying the five skills.

Practical implications

Obtaining accurate feedback requires that an innovator be able to vividly ‘presence’ the future, to be able to make it feel real to peers, potential customers and partners.

Originality/value

Now that innovation has become everyone’s job and requires the management talents of every function, defining and assessing the capabilities of all team members so that individual and group skill gaps can be remedied is a priority.

Details

Strategy & Leadership, vol. 50 no. 6
Type: Research Article
ISSN: 1087-8572

Book part
Publication date: 23 June 2022

Lorena del Carmen Álvarez-Castañón, Oscar Javier Montiel Méndez and Araceli Almaraz Alvarado

The chapter analyzed the conditions and challenges of the innovation in Latin America, and the historical trend in its study in the framework of this handbook. The…

Abstract

The chapter analyzed the conditions and challenges of the innovation in Latin America, and the historical trend in its study in the framework of this handbook. The transformative and inclusive approach of the innovation was evidenced as the most significant ascendent trend in the region. Furthermore, this was identified as a breaking point of the linear individualism of the entrepreneurship and the innovation in Latin America due to this type of innovation that requires high levels of collaboration and strong institutional leaderships. It was highlighted that the major challenge of recovery in the region should be accompanied by a deep transformation in the quality of education because the systematic generation of innovation implies capabilities rather than wills. The chapter closes with a critical reflexion of the phenomenon, the new lines of research in the region, and its implications.

Book part
Publication date: 28 June 2016

Marc J. Epstein

This chapter reports on the results of extensive research into the role of performance measurement and management control systems in increasing both incremental and…

Abstract

Purpose

This chapter reports on the results of extensive research into the role of performance measurement and management control systems in increasing both incremental and breakthrough innovation in large organizations. It includes both business model and technology innovation and is based on extensive large sample survey research and field research with leading global corporations.

Findings

The research extends the common exploration/exploitation discussion and describes an “innovation paradox” where the factors that have led to many companies’ successes in achieving organizational excellence and profitability through cost savings and various incremental improvements are the same factors that have inhibited them from developing needed breakthroughs. The chapter also discusses how achieving breakthrough innovation is significantly different in top down versus bottom up organizational designs and systems. The critical role of management control and performance measurement systems is described.

Practical implications

The research provides a new model to achieve breakthrough innovation in large, established corporations. It provides a description and the details of a process – “the Startup Corporation” – that can be implemented in corporations to bring together the benefits of small startups with the benefits of large established companies that have significant resources, networks, and systems to achieve success. By combining these strengths, large established companies can succeed in achieving breakthroughs where they have often failed.

Originality/value

This research over two decades has provided new insights on the differences in the needed management control and performance measurement systems to succeed in breakthrough innovation in addition to the incremental innovation that is so common in large organizations.

Details

Performance Measurement and Management Control: Contemporary Issues
Type: Book
ISBN: 978-1-78560-915-2

Keywords

Book part
Publication date: 12 April 2012

Seleshi Sisaye and Jacob G. Birnberg

Sisaye and Birnberg (2010a, 2010b) have described the extent and scope of the innovations dimensions as the degree to which learning has affected the organizational…

Abstract

Sisaye and Birnberg (2010a, 2010b) have described the extent and scope of the innovations dimensions as the degree to which learning has affected the organizational structures and processes of the organization. Within this framework, extent has been defined as the degree to which the innovation affects the organization's management accounting administrative structures, systems, and behaviors of members or units within the organization. Extent is synonymous with the two types of learning identified by Argyris and Schon (1978) discussed earlier. Thus, the learning in the extent dimension varies from a technical change within an existing system (single loop) to the adoption of an entirely new administrative system (double loop). While this continuum extends from technical changes that affect a single process or task to administrative changes that affect organization-wide systems and structures, we will treat them as though they are dichotomous. As indicated earlier (Chapter 2), extent is associated with two types of learning: single loop (technical change within an existing system, i.e., gradual-incremental) and double loop (the adoption of an entirely new system, i.e., radical-transformational) (Argyris & Schon, 1978, 1996).

Details

An Organizational Learning Approach to Process Innovations: The Extent and Scope of Diffusion and Adoption in Management Accounting Systems
Type: Book
ISBN: 978-1-78052-734-5

Book part
Publication date: 2 August 2007

Guus Berkhout, Patrick van der Duin, Dap Hartmann and Roland Ortt

Thixomolding® refers to a new technology to mold a magnesium alloy in elaborate forms. The actors that introduced this technology in the Netherlands first operated on a…

Abstract

Thixomolding® refers to a new technology to mold a magnesium alloy in elaborate forms. The actors that introduced this technology in the Netherlands first operated on a regional level. With the support of the Cyclic Innovation Model (CIM), the innovation system was able to evolve by developing new innovations, although initially Class 1 and 2 type of innovations. In the future, the Thixomolding® innovation system will compete on a European scale, and it is expected that products will be developed for many different industries.

Details

The Cyclic Nature of Innovation: Connecting Hard Sciences with Soft Values
Type: Book
ISBN: 978-1-84950-433-1

Open Access
Book part
Publication date: 4 April 2019

Indrek Ibrus and Alessandro Nanì

This chapter concludes the book on cross-innovation between audiovisual media industries and three other sectors – education, health care and tourism. It emphasises…

Abstract

This chapter concludes the book on cross-innovation between audiovisual media industries and three other sectors – education, health care and tourism. It emphasises, first, the importance of platformisation as a socio-economic and technological process in framing all cross-innovation processes. It highlights how the rather full platformisation of tourism has negatively affected the interest of the tourism industry small and medium-sized enterprises to cooperate with local media and gaming industries in search of new solutions. Relatedly it proposes a generic conflict between platformisation of specific fields and the health of thematic local cross-innovation systems involving media and creative sectors. It then discusses that the inherent fragmentation of the health and education sectors has not allowed their international platformisation, but constitutes challenges to innovators interested in international scalability. It also discusses the reasons why two publicly coordinated cross-innovation processes – one involving the use of virtual reality in health care and another using augmented reality – have given different results – one a relative success and the other not as of yet. At the end of the chapter final definitions of cross-innovation are offered and the operationalisation of the term and the associated conceptual approach are assessed.

Details

Emergence of Cross-innovation Systems
Type: Book
ISBN: 978-1-78769-980-9

Keywords

Book part
Publication date: 27 June 2013

Matthew M. Mars

This opening chapter sets the context for the following chapters by first providing a working definition of innovation. This definition distinguishes innovation from…

Abstract

This opening chapter sets the context for the following chapters by first providing a working definition of innovation. This definition distinguishes innovation from invention based on the fundamental principles of novelty and value creation. Importantly, value is introduced in the context of diverse impact rather than in the limited context of monetary worth. Furthermore, innovation is initially framed according to various forms, which include product and processes, and various degrees of impact, which range from radical disruption to incremental change. By distinguishing innovation from invention and outlining the diversity of innovative principles, this chapter provides a platform from which to explore innovation beyond the conventional focus on market-based practices within the scientific and technological domains.

Details

A Cross-Disciplinary Primer on the Meaning and Principles of Innovation
Type: Book
ISBN: 978-1-78052-993-6

Article
Publication date: 3 May 2022

Mark Klassen, Grant Alexander Wilson and C. Brooke Dobni

The purpose of the paper is to emphasize the performance benefits of a long-term innovation and value creation perspective. This paper responds to the recent concept of…

Abstract

Purpose

The purpose of the paper is to emphasize the performance benefits of a long-term innovation and value creation perspective. This paper responds to the recent concept of the imagination premium method for valuing companies. It offers four key takeaways to create a long-term innovation-focused orientation for future value creation.

Design/methodology/approach

The research is based on both consulting experience and insight from several studies of executives that were supported by the U.S. Conference Board.

Findings

The research differentiates how high versus low innovators create long-term perspectives and value. High innovators have explicit processes that support innovation, leadership that focuses on long-term performance, resources committed to long-term projects and innovation and knowledge management systems that transfer knowledge throughout the organization.

Research limitations/implications

The research offers strategic directives aimed at creating long-term value but acknowledges that there are other means to accomplish such objectives.

Practical implications

This paper offers strategies for executives to create an innovation-focused organizational culture that drives lasting long-term value.

Social implications

Focusing on long-term innovation prioritizes larger social, environmental and business objectives over superficial short-term stock price changes, leading to greater value-creation.

Originality/value

This paper advocates that leadership play the long game and adopt a longer-term view of innovation due to its long-term competitive, employee engagement, sustainability and performance benefits.

Details

Journal of Business Strategy, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0275-6668

Keywords

Article
Publication date: 28 November 2022

Kanhaiya Kumar Sinha, Chad Saunders and Simon Oliver Raby

This paper aims to provide evidence-based managerial advice for identifying, developing and managing a broad-based innovation system for organizations to reap optimal…

Abstract

Purpose

This paper aims to provide evidence-based managerial advice for identifying, developing and managing a broad-based innovation system for organizations to reap optimal performance outcomes.

Design/methodology/approach

The general review is based upon large-scale peer-reviewed academic studies of innovation practices in organizations and their performance outcomes and synthesized here through two illustrative case studies. The first case deals with Brightsquid Secure Communications as they expanded their product-focused innovation practices to include broad-based organizational improvements, while the second case focuses on Trimet Building Products and their use of broad-based innovation to turn around declining revenue.

Findings

Using the SME context, this study outlines an innovation management model that highlights the importance of leadership attention on organization-wide innovation and the interdependence of investments across functions.[AQ2] To enhance their performance, SMEs must implement broad learning programs across the organization that provides formal and informal cross-training and takes a cross-functional approach to innovation and problem-solving.

Originality/value

Reviewing and integrating the literature on different innovation types and outcomes, this study proposes a novel broad-based innovation model that guides firms that overemphasize improvements within a single function. Further, drawing on the learning literature, this paper recommends an organizational learning and collaboration model to achieve organization-wide innovation for optimal outcomes.

Details

Journal of Business Strategy, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0275-6668

Keywords

Article
Publication date: 22 November 2022

Fatma Sonmez Cakir and Zafer Adiguzel

Companies must implement sustainability measures in order to survive due to the relationship between financial, social and environmental performances. These elements must…

Abstract

Purpose

Companies must implement sustainability measures in order to survive due to the relationship between financial, social and environmental performances. These elements must be integrated into the business in a complementary manner in this regard. As a result, this study aims to investigate the effects of entrepreneurial leadership on sustainability, as well as financial and process innovation.

Design/methodology/approach

Within the scope of the research, a survey was conducted with 295 white-collar employees working in energy companies. SPSS 25, the LISREL program, and SOBEL analysis were used to determine the relationships between the variables.

Findings

In the research, financial innovation perceptions and process innovation activities have a positive effect on business sustainability and entrepreneurial leadership. As both an independent and a mediating variable, entrepreneurial leadership has a positive impact on business sustainability.

Research limitations/implications

Companies engaged in renewable energy production, operating in the Marmara region, constitute the sample mass. For this reason, it would be more accurate to evaluate the results obtained in this research only for companies producing renewable energy.

Practical implications

It is concluded that energy companies should prioritize financial and process innovations and that entrepreneurial leadership is required to ensure the sector's long-term viability.

Originality/value

This paper is an innovative study in terms of the scope and content of the research as data are collected and analyzed from companies that produce renewable energy.

Details

American Journal of Business, vol. 37 no. 4
Type: Research Article
ISSN: 1935-5181

Keywords

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