How Leaders Can Ride on Top of the Waves of Innovation

In an age of hyper-scalable businesses, staying abreast of innovation is crucial to the sustainability of every organization. However, as we have seen through the decade of digital transformation, many giants have had challenges to do that, at times because the innovation was exceptionally “true” (e.g., cloud and big data), but at other times because they did not pay heed to the rising watershed from existing ideas (e.g., social, smartphone, and the consequent rise of mobility).

Considered one of the best books on the topic of why most companies miss out on new waves of innovation, The Innovator’s Dilemma: The Revolutionary Book That Will Change the Way You Do Business by Clayton M. Christensen is one of my favorite business books. It talks about changing technology, its role, and its importance to organizational success. Being heavily involved in the transformation and successful migration of an organization to the cloud, I like to summarize what I could learn about the answer to the question, “What can a leader do to pioneer game-changing solutions through leading collaboration networks?”

Here are my three answers:

  • Creating and using collaborative networks
  • Thought leadership of collaboration networks
  • Shaping the future generations of products, solutions, and services.

CREATING AND USING COLLABORATIVE NETWORKS

Networking is crucial, creating a reliable ecosystem for your company. This is best achieved by focusing on building relationships based on mutual collaboration with units of the leader’s company, its customers, its partners, and supporting startups. The benefits of such collaboration networks are limitless. Based on shared values, these netorks not only breed co-creation but also create different cultures of collaboration that support pooling of diversified knowledge, experiences, and insights, allowing all the partners to leverage opportunities (and realize new innovations) well beyond the network. With the right collaboration network, a thought leader is able to challenge and improve state-of-the-art implementations, and design and help shape future generations of products, solutions, and services of its organization.

THOUGHT LEADERSHIP OF COLLABORATION NETWORKS

To remain abreast of innovation, a leader must leverage collaboration to identify, realize, or find newer horizons. They must become a thought leader and drive entrepreneurial spirit and engineering excellence in their network. The idea is to explore unconventional ideas and develop inspiring proofs of concepts to push the state-of-the-art in science, and to apply fields to gain foresight into future trends. This requires indentifying strengths, inputs, and possible data that collaborating partners bring (or can bring) to the table.

SHAPING THE FUTURE GENERATIONS OF PRODUCTS, SOLUTIONS, AND SERVICES

Leaders have access to critical business data that speaks about the trends in market, the changing consumer demands, and business intelligence from their competitors. As a thought leader, you also have access to data from collaborating partners, and hence can reinforce organic innovation by letting occur a transparent exchange of external and internal ideas from leading partners and top startups within your own collaboration network, and ones they are part of. This is possible if leaders start directing and influencing the focus of their collaboration networks on disruptive technologies and new domains.

What do you think? I would like to hear your thoughts on the matter.

13 comments

  • For any company, organization, or small business the best way to grow is to network, to build those crucial relationships with the community and other businesses around you. Yes, they each started out small, but it took that one connection, that one meeting of how to build a great team to allow them to prosper. To be a great leader at a company, organization, small business, or even in a community, you must find what the trends are and find how to incorporate them within your team. Tons of business students are eager to lend their expertise on trends and help a business grow.

    Like

  • Emilio Benassi

    I am extremely impressed with your writing skills as well as with the layout in your blog. Is that a paid topic or
    did you modify it your self? Either way keep up the nice quality writing, it is rare to look a nice weblog like this one today.

    Like

  • Jason Philips

    I am directing and influencing more and more the focus of my partnerships on mobile technology. It is interesting to read your article about disruptive technologies and new domains.

    Like

  • The most difficult part is getting access to critical business data. The digital transformation is also changing consumer demands. Looking forward to any ideas on how to develop business intelligence management.

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  • Nice concept to be a leader of any work. In my experience it works by bringing the top talents in the organization’s locales, and then leveraging this network of experts to build functional teams and linear service delivery.

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  • Networking, networking and only networking! I’m glad we agree on that. Collaboration networks can bring so many useful and successful practices. Diversified knowledge, experiences, and insights and also innovation and creativity can be achieved through established and functional collaborative networks. Thanks for this great blog, I’m practically a huge fan of it! So much useful information!

    Like

  • I have been browsing online more than 4 hours today, yet I never found any interesting
    article like yours. It’s pretty worth enough for me.
    In my opinion, if all webmasters and bloggers made good content as you did,
    the internet will be a lot more useful than ever before.

    Like

  • Christine Kohler

    Especially in the digital transformation it is very important to create a reliable ecosystem. I am very happy to read your thoughts about this topic.

    Like

  • I pay a visit every day a few web pages and websites to read articles, this web site offers quality based writing. Thanks for sharing!

    Like

  • Bianca Ullman

    I am always impressed when I discover that even successful companies are challenged with transformations. Great content!

    Like

  • Susan Cullman

    bookmarked!!, I really like your blog!

    Like

  • In Singapore we are focusing alot on disruptive technologies. However, we also have to consider that our customers prefer very often our traditional solution portfolio.

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  • Oh my goodness! Incredible article! Thank you so much. However I am having problems with your RSS. I don’t understand the reason why I can’t join it. Is there anybody else having the same RSS problems? Anybody who knows the solution will you kindly respond? Thanx!!

    Like

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