Open & Connected Innovation: Implications for Organizations and Leaders
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This document discusses the implications of open and connected innovation for organizations and leaders. It notes that new technologies like social media and trends like globalization are driving fundamental cultural and economic changes. This has created a volatile, uncertain, complex and ambiguous (VUCA) world. To thrive in this environment, organizations must embrace openness, sharing, diversity and interactivity. Leaders need to practice collaborative, transparent and authentic leadership focused on vision, understanding, clarity and agility. Wirearchical organizational structures that are flexible, dynamic and leverage communities are better suited to the challenges of a networked, Web 2.0 world.
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Open & Connected Innovation: Implications for Organizations and Leaders
- 1. Open & Connected Innovation: Implications for Organizations and Leaders #smwMannaz SMW Social Media Week
- 2. #smwMannaz
- 3. It’s a Game Changing New Reality “The shift from traditional mass media to a system of horizontal communication networks organized around the Internet and wireless communication has introduced a multiplicity of communication patterns, at the source of a fundamental cultural transformation, as virtually becomes an essential dimension of our reality.” Castell: The Rise of The network Society, 2010 Side 3 #smwMannaz
- 4. ”The future is already here! It’s just not evenly distributed.” New technology • Social media • WEB 2.0 New ways of working & innovating Hyper individualism • Cyborgs • Generation whY & Z New ways of leading & communicating Globalisation • Global world • Local village New ways of organising & connecting Economy • Shared consumerism • Collaborative economy New ways of producing & value creating #smwMannaz
- 5. • Disruptive innovation • Customer is king • Hyper competition • Transparency • Big data = new oil • Interconnectivity • Agile strategising • Employee branding Page 5 #smwMannaz
- 6. VUCA V = Volatility U = Uncertainty 6 C = Complexity A = Ambiguity #smwMannaz
- 8. “I saw all the signs, but didn’t recognize the significance of it!” Allan Greenspan in 60 minutters 2007 1. Diminishing returns of innovation 2. Increasing Commoditization 3. Diminishing returns of capital Employment Headline here Page 8 17-02-2014 #smwMannaz
- 9. What got you here Won’t get you there #smwMannaz
- 10. 17/02/2014 The complexity of a system needs to mirror the complexity of its environment Side 10 #smwMannaz
- 11. “It is not the strongest of the species that survive, nor the most intelligent, but the ones most responsive to change.” Side 11 #smwMannaz
- 12. Strategic agility 1. A strong identifying & ambitious WHY 2. Focus on development and training 3. Shape shifting – not restructuring 4. Flexible budgeting 5. Speed and flexibility 6. Exploring new opportunities Headline here Page 12 17-02-2014 7. Innovation is the Norm #smwMannaz
- 13. Headline here Page 13 17-02-2014 #smwMannaz
- 14. Headline here Page 14 17-02-2014 #smwMannaz
- 15. #smwMannaz
- 16. Openness Sharing Diversify Interactive Indsæt tekst eller deaktiver visning af sidefod Side 16 17-02-2014 #smwMannaz
- 18. Wirearchy • Applying new ways of learning and innovate • Transparent WHY and purpose (what) • Integrated with its knowledge ecology • Balance openness and continuity • Sharing and interacting with its community • Flexible dynamic loose system Side 18 #smwMannaz
- 19. Holacrazy: Holacrazy.org Headline here Page 19 17-02-2014 #smwMannaz
- 20. #smwMannaz
- 21. Leadership in a VUCA WEB 2.0 World • Leadership is an collaborative activity rather than a position • Leadership is a collaborative phenomenon #smwMannaz
- 22. From ‘Shell’ to networked leadership #smwMannaz
- 23. What is collaborative leadership? • Link and network creator • Attracting many diverse talents • Modelling collaboration by showing the way to avoid eternal discussions • Authentic leadership • Transparent Decision Making • Resources are action • Clarify link between the decision, responsibility and goal • Technological dexterity • Cultivate selfleadership • Relations build on trust and engagement #smwMannaz
- 24. U= Understanding Stop, look and listen louder C = Clarity Make sense of the chaos A = Agility Wirearchy is rewarded over Hierarchy V = Vision An intent that seeks to create future 17/02/2014 Side 24 #smwMannaz
- 26. Mobil: +45 5139 6019 Skype: jacobbtheilgaard Twitter: Jbtheilgaard E-mail: jbt@mannaz.com ://dk.linkedin.com/in/jacobbtheilgaard ://www.slideshare.net/Saxodane ://about.me/jtheilgaard http://speakerscore.com/S8FT Page 26 17-02-2014 #smwMannaz