https://www.ridingdisruption.com/innovation daily 0.75 2022-05-19 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/062f2960-126d-41e7-8607-95a7fbc67866/Eclipse_naked_eye_through_clouds.jpg Innovation - 5. Track Results & Capture Learnings A formal process for tracking results of all innovation investments. This is a job for your Program Management Office - get them on board early. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/e47aa894-9916-4ac2-aba0-4ac2c8724536/unsplash-image-Ev1XqeVL2wI.jpg Innovation - Engage Leadership If leadership is not part of the program, it is likely to be abruptly terminated by accounting when it fails to produce an immediate positive cash flow. One thing to keep in mind is that the innovation program is like an insurance policy or like a long term investment - it is not something that will generate income in the short term. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633448087607-NR6Q049NBAHTGW2ASZR1/big+meeting.jpg Innovation - 3. Create a Process for soliciting and evaluating opportunities You'll need a review panel of intelligent and energetic staff who see the cup as half full, but don't have the answers to innovation opportunities. The panel will not be solving problems, it will be reviewing opportunities to assess upside potential and level of investment needed. Staffing of this review panel can make or break your innovation program. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633447759384-4D96NTLZ6HVFJJVF85UM/Innovation%2Bfunnel.jpg Innovation - 4. Secure Funding An ability to fund and staff the launch of high value innovation opportunities. The innovation will need to be supported with a budget and commitment of qualified staff who will be available to launch innovation opportunities. The organization should set aside some fraction of operating funds to be able to support projects that might create new offerings during stable times and allow strategy to jump to a new support structure during times of disruption. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633447564079-IU8QTNFGCPTB4MQTS2OC/timeSquare.jpg Innovation - 2. Activate Creative Thinkers Your organization needs creative people in all functional areas. You can screen for creatives when hiring, or you can train existing experts to seek solutions more broadly - or better yet do both. Then you'll need encourage creative problem solving - even for mundane problems. https://www.ridingdisruption.com/templates daily 0.75 2022-05-19 https://www.ridingdisruption.com/contact daily 0.75 2022-05-19 https://www.ridingdisruption.com/riding daily 1.0 2025-12-29 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643305332146-0VRY9QEOPLJJS2SX1VHR/Eclipse_naked_eye_through_clouds.PNG Home https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643305535131-89SBCNFTSJPUMG77DCRF/timeSquare.jpg Home https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643306230808-8J1LYEA5XCXZ00E33TXD/unsplash-image-qWwpHwip31M.jpg Home https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1652809128994-W2HZLCMOCRTZ1IMLCEDX/Eclipse_scope.jpg Home https://www.ridingdisruption.com/strategy daily 0.75 2022-05-31 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/10bd74e3-c449-4eb0-b79c-7c9ea0cb94cf/unsplash-image-RS48WC7fp4Y.jpg Strategic Management - Strategy Elements A consensus vision for the organization – where the organization sees itself in the future (see Vision) An organizational Mission – a high level description of what the organization plans to accomplish Goals – a concise list of what needs to be done to fulfill the vision, generally 18 months to 5 years in duration, fewer is better (no more than seven). Objectives – generally one year to three years in duration, these describe specific results that must be obtained to achieve an organizational goal. These must be Specific, Measurable, Achievable, Relevant and Time-bound (SMART). Fewer is better, three is a good maximum number for each Goal. Action Plans to achieve the results described in the Objectives. Good project management practices are essential to strategic success. For detail on creating a strategic plan we recommend the Association for Strategic Planning. We recommend LBL Strategies for training on Strategic Management Performance Systems and Strategic Thinking. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633544109688-37EQM2N8Y5DXPDSJWBKW/big+meeting.jpg Strategic Management - Stakeholder Engagement Engaging the entire organization is essential to have a strategic plan that is effective and responsive to change. The process for this is like the engagement of leadership in creating a vision for the organization but spans the entire workforce that is affected by the plan. Participation of employees (or their representatives) from all functions of the organization and at every level is the goal. This participation will require a top notch internal communications function. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/aa1645e5-75f0-4dcc-aa79-fcd8b219ee70/Krogg_tunnel.jpg Strategic Management - Environmental Scanning Environmental Scanning is the continual monitoring of the environment for any changes that might impact fulfillment of vision (aka situation assessment or awareness). It is also important to integrate Strategic Foresight into your scanning. A well-articulated scan is essential to begin the Strategic Planning process. Fortunately, the environmental scan we use for strategic planning is contained in the Riding Disruption Scanning. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/85622d0b-876b-4890-b8dc-a793f2693aab/unnamed.png Strategic Management - Workflow Managing the strategic plan is a cyclical process. The elements of the plan are developed in the ‘Create/Validate Vision' and 'Create Strategic Plan steps.' https://www.ridingdisruption.com/vision daily 0.75 2022-05-31 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643304498767-VWICBW6NWQB5LPT0D0FD/unsplash-image-smgTvepind4.jpg Vision - Continual Communication Everyone who is impacted by the vision needs to see themselves in the vision. They need to understand it and be able to share it, so it needs to be simple enough to understand and remember. Ideally, all members of an organization should have an opportunity to provide feedback before the vision is finalized. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/9b0dd2b8-1218-429c-aecc-d3c3ddef843b/unsplash-image-SuDN17Hzudc.jpg Vision - Participation Participation of decision makers (or their representatives) from all functions of the organization and potentially key stake holders. This participation is best done in face-to-face (or simultaneous virtual) meetings to allow a lively and open discussion of what the organization should focus on for the next decade or so. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/9c983f3b-b15d-4243-b281-e1e9bc4abcd6/unsplash-image-PTRzqc_h1r4.jpg Vision - Facilitating a Shared Vision Bringing a group of strong-minded stakeholders to a common view of the future is not an easy task, but one that is well-understood in the Strategic Planning community. It requires buy-in and openness from top leadership and earnest participation from stakeholders. The better the participation in formulating a vision, the more resilient the organization will be. Fortunately, most organizations today are comfortable with remote meeting and consensus building. It is much easier to bring stakeholders to consensus today than it was just a few years ago. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/c5378568-731e-4dee-a70b-2297151e740f/unsplash-image-naSAHDWRNbQ.jpg Vision - Engage Experts While leaders and stakeholders are envisioning the future, they will need to hear from experts who understand the organization and the environment within which it operates. Some organizations will have most of the experts they need among stakeholders while others will need to hire independent experts to share the art of the possible. https://www.ridingdisruption.com/scanning daily 0.75 2022-05-19 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/b15e389d-a8b3-4819-9d68-251816f70853/unsplash-image-PAykYb-8Er8.jpg Environmental Scanning - Discovering Opportunities It is important to view change as potential opportunities for the organization. We use vision and foresight to recognize opportunities that move the organization forward. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/c642b12a-0856-4fdb-a894-8014609d1c15/unsplash-image-ZzOtl6FSpLs.jpg Environmental Scanning - Assessing Vision Impact Big disruptions may have big impacts to your organization’s vision. You must understanding whether and how much the vision must change based on changes in the environment. If change impacts our vision, we must respond very quickly to modify our vision and keep it real. Managing actions follows. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/c6e17819-605b-465a-a8c0-f73f0b5049b2/unsplash-image-lsJ9jHKIqHg.jpg Environmental Scanning - Assessing Disruption Periodically, usually on an annual basis, we need to look at the world and our place in it. We need to determine which changes will force us to respond with changes in current or planned actions, or with changes in our long-term view of the future. We need to be alert for triggers that require immediate attention, and we need to know what actions to take. https://www.ridingdisruption.com/riding-1 daily 0.75 2022-05-17 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643305332146-0VRY9QEOPLJJS2SX1VHR/Eclipse_naked_eye_through_clouds.PNG Home (Copy) https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643305479909-K4MTD0SGVW7BFSL42546/Eclipse_scope.PNG Home (Copy) https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643305535131-89SBCNFTSJPUMG77DCRF/timeSquare.jpg Home (Copy) https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643306230808-8J1LYEA5XCXZ00E33TXD/unsplash-image-qWwpHwip31M.jpg Home (Copy) https://www.ridingdisruption.com/vision-1 daily 0.75 2022-05-17 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643296364736-4717UGTV9N0SJA6CB2YG/unsplash-image-PTRzqc_h1r4.jpg Vision (Copy) - Facilitating a shared Vision Bringing a group of strong-minded stakeholders to a common view of the future is not an easy task, but one that is well-understood in the Strategic Planning community. It requires buy-in and openness from top leadership and earnest participation from stakeholders. The better the participation in formulating a vision, the more resilient the organization will be. Fortunately, most organizations today are comfortable with remote meeting and consensus building. It is much easier to bring stakeholders to consensus today than it was just a few years ago. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643304316114-KNUTL67UWR3G3301CXVP/unsplash-image-SuDN17Hzudc.jpg Vision (Copy) - Participation Participation of decision makers (or their representatives) from all functions of the organization and potentially key stake holders. This participation is best done in face-to-face (or simultaneous virtual) meetings to allow a lively and open discussion of what the organization should focus on for the next decade or so. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643304498767-VWICBW6NWQB5LPT0D0FD/unsplash-image-smgTvepind4.jpg Vision (Copy) - Continual Communication Everyone who is impacted by the vision needs to see themselves in the vision. They need to understand it and be able to share it, so it needs to be simple enough to understand and remember. Ideally, all members of an organization should have an opportunity to provide feedback before the vision is finalized. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643304881358-WN2DKYGU2KM6ZGGGUGNG/unsplash-image-naSAHDWRNbQ.jpg Vision (Copy) - Engage Experts While leaders and stakeholders are envisioning the future, they will need to hear from experts who understand the organization and the environment within which it operates. Some organizations will have most of the experts they need among stakeholders while others will need to hire independent experts to share the art of the possible. (Experts will probably not be AIs, but they may need to know how your organization will use emerging technologies.) https://www.ridingdisruption.com/innovation-1-1 daily 0.75 2022-05-17 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643307578078-BSXZL4JJGI7E9N0QT3H0/unsplash-image-lsJ9jHKIqHg.jpg Environmental Scanning (Copy) - Assessing Disruption Periodically, usually on an annual basis, we need to look at the world and our place in it. We need to determine which changes will force us to respond with changes in current or planned actions, or with changes in our long-term view of the future. We need to be alert for triggers that require immediate attention, and we need to know what actions to take. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643307741858-7KQCSKV5OGHX73ZC61LS/unsplash-image-PAykYb-8Er8.jpg Environmental Scanning (Copy) - Discovering Opportunities It is important to view change as potential opportunities for the organization. We use vision and foresight to recognize opportunities that move the organization forward. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643308434620-35M97FKQAQJGDEI0PFOE/unsplash-image-ZzOtl6FSpLs.jpg Environmental Scanning (Copy) - Assessing Vision Impact Big disruptions may have big impacts to your organization’s vision. You must understanding whether and how much the vision must change based on changes in the environment. If change impacts our vision, we must respond very quickly to modify our vision and keep it real. Managing actions follows. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1643307887248-063PFDKBL5VM35G19WHF/unsplash-image-_2TIXDujWt4.jpg Environmental Scanning (Copy) - Managing Change https://www.ridingdisruption.com/innovation-2 daily 0.75 2022-05-17 https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1647014056251-F12FKJF8W6UNJBVW8OM3/unsplash-image-Ev1XqeVL2wI.jpg Innovation (Copy) - Leadership Involvement It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633447564079-IU8QTNFGCPTB4MQTS2OC/timeSquare.jpg Innovation (Copy) - Engaging Creative Thinkers It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633448087607-NR6Q049NBAHTGW2ASZR1/big+meeting.jpg Innovation (Copy) - Process for soliciting and evaluating opportunities It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633447759384-4D96NTLZ6HVFJJVF85UM/Innovation%2Bfunnel.jpg Innovation (Copy) - Funding It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/615b2d3f059a39718488ccc2/1633448369356-I2TJ7R8XFCOLGOJZ32C6/Eclipse_naked_eye_through_clouds.PNG Innovation (Copy) - Track Results It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference. https://www.ridingdisruption.com/newsletter daily 0.75 2022-05-17