Linchpin Labs

Here are some of the hard truths about innovation cultures and challenges faced by organizations when it comes to managing innovation.  5 challenges to Innovation Innovation is episodic (Go to Silicon Valley; Burn post-its in a room) Resources are trapped and held hostage by incumbent businesses Trying to fit innovation into the structure you have today Too little diversity of thought; too little access to customer experience  Treating assumptions like knowledge The hard truth about innovation culture is, its more and more a discipline and not a random act.  5 harsh realities of innovative companies Tolerance for Failure but No Tolerance for Incompetence Willingness to Experiment but Highly Disciplined (A willingness to experiment does not mean randomly throwing paint at a canvas) Psychologically Safe but Brutally Candid Collaboration but with individual accountability Flat but strong leadership Courtesy, Inspiration & more details at  Prof. Gary Pisano at Harvard Business School -

Here are some of the questions on Strategic Planning Foundations for leaders while they embark on their journey to transform their organizations.  Ask yourself the following. and  Map How to Win.   Identify and prioritize initiatives for enterprise strategy that drive Innovation Growth Competitive advantage Productivity Help CIOs / CXOs articulate (value) how IT enable the business capabilities for success of the organization ?  Help functional leaders and executives on How to set objectives Prioritize the initiatives Measure the objectives Assess capabilities Allocate resources Execute the plan Measure your progress against the plan Adopt Purpose-driven budgeting / funding / planning (for the strategic initiatives) Move from Zero Based Budgeting (ZBB) to Driven Based Budgeting i.e. Scenario Based Budgeting is a remedy How are helping the business units achieve their goals? Describe / draw Current state & Future state Decide on 'Stop' doing - 'Burn the boats' for